The Smart Stadium Market is expected to increase from USD 16.350 billion in 2025 to USD 37.152 billion by 2030, driven by a 17.84% compound annual growth rate (CAGR).
Growing sports viewership is leading to an increased number of stadiums in both developed and developing countries. The burgeoning number of international sports tournaments in developing countries like India, China, Japan, and Qatar is boosting the demand for smart stadiums in these countries. The concept of Smart Stadium is gaining traction at a fast rate across the globe owing to growing demand from fans to watch sports in an interactive and hassle-free manner. Advanced technologies such as the Internet of Things (IoT) and 5G and etc. are increasingly being incorporated in making stadiums smart so as to improve fan. Therefore, key players are heavily investing in smart stadiums in order to increase their profitability, enhance the fan experience and improve stadium security. Thus, the market is expected to grow at a good CAGR on account of rising investments in smart stadiums and strong inclination of sports team towards upgrading their stadiums to include the latest technologies.
The major players profiled in the smart stadium market include IBM Corporation, Tech Mahindra, NEC Corporation, CISCO, Huawei Technologies Co., Ltd., Intel Corporation, Johnson Controls, ERICSSON, Nippon Telegraph and Telephone Corporation, Schneider Electric, NXP Semiconductors, Hewlett Packard Enterprise Development LP and GP smart stadium among others.
Segmentation