Smart Stadium Market Size

Statistics for the 2023 & 2024 Smart Stadium market size, created by Mordor Intelligence™ Industry Reports. Smart Stadium size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Smart Stadium Industry

Smart Stadium Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 21.53 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration High

Major Players

Smart Stadium Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Smart Stadium Market Analysis

The smart stadium market was valued at USD 6.8 billion in 2020 and is expected to register a CAGR of 21.53% during the forecast period (2021 - 2026) to reach USD 18.23 billion by 2025. The trend of stadiums getting completely digital will drive the smart stadium market.

  • Fans who visit the stadiums are expecting a more intuitive experience and the host countries are also looking for new ways to increase the return on investment (ROI) on their complex. Therefore, stadiums and arenas are now not only a house for athletic prowess, competition, and large audiences; they are a vehicle for showcasing technological advancements.
  • Consumers with technological advancements prefer updates and stats on their mobile devices, leading stadiums to find newer ways to monetize, fill the stadium, and compel the fans to increase expenditure. They can watch the video from the cloud itself from the stadium, and can also broadcast the arena directly to social media.
  • With the growing number of sports events happening around the world, people tend to watch the game live, then watch it on TV which is driving the smart stadium market.
  • The major challenge for the smart stadium market would be the high initial investment to upgrade and the uncertainty in return of investments.

Smart Stadium Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)