Stadium and Arena Management Solution Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Services); By Deployment (On-premises, Cloud); By End Use Industry; By Region; Segment Forecast, 2023- 2032
- Published Date:Dec-2023
- Pages: 116
- Format: PDF
- Report ID: PM4126
- Base Year: 2022
- Historical Data: 2019-2021
Report Outlook
The global stadium and arena management solution market was valued at USD 4.93 billion in 2022 and is expected to grow at a CAGR of 8.6% during the forecast period.
Stadium and arena management solutions are gaining importance nowadays, due to sports management to increase viewer satisfaction. This solution works effectively in optimizing registration, ticketing, and many more. One of the benefits of incorporating this solution is effective staffing and food management. As it equips a larger population for sports events, there will be a need for operational efficiency in food and beverage stock at the stadiums and arenas. The increasing collaborations and partnerships among the key market players with the major stadiums are fueling its adoption in the marketplace.
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- For instance, in November 2022, Fujitsu and EintrachtTech entered in a partnership with the digital centre, Arena of IoT, at the Deutsche Bank Park to increase sustainability in stadium management.
Moreover, stadium and arena management is looking for ways to maximize their profits. This further facilitates new growth potential for the global market as it enables more control and flexibility in the stadium and reduces fraudulent activities through the e-ticket system.
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However, the higher initial costs associated with the installation of stadium and arena management solutions are hampering their adoption by small and medium stadiums, as they are reluctant to adopt new technologies driven by lower investment.
Growth Drivers
- The ongoing demand for technological adoption in stadium and arena management
The growing popularity of international sports is boosting the demand for stadium and arena management solutions. According to a recent survey, fans are becoming more willing to embrace a digital future where a stadium serves as both a destination and a self-guided tour. The longer lines at food and beverage at the stadium are the primary factor stimulating the adoption of self-service and technological innovations by 42% of the respondents, while slow service and errors in food and drink orders by 29 and 22, respectively. Furthermore, it not only assists in the daily operations of the stadium and arena but also evidence-based decision-making by the management. Stadium managers can identify areas for development and make wise decisions to improve future events by analyzing this data. These factors together contribute to the growth of the market in the coming years.
The increasing concerns about environmental sustainability are propelling the adoption of data-driven decision-making in the sports industry, contributing to the demand for stadium and arena management solutions. For instance, the National Hockey League (NHL) incorporated data and analytics to measure the carbon footprint of its teams' venues, as it depends on energy to maintain its ice. It created NHL venue metrics in collaboration with SAP to enable venue partners to use data collection, validation, and reporting insights. This ongoing partnership among stadiums will further create new growth opportunities for the global market.
Report Segmentation
The market is primarily segmented based on component, deployment, end-use industry and region.
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By Component |
By Deployment |
By End-Use Industry |
By Region |
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By Component Analysis
- Software segment is projected to witness the highest growth during the forecast period
The software segment is projected to grow at a CAGR during the projected period due to its cost-benefit approach compared to the services, as it enforces effective operations in the long run with a lower average cost. The ongoing expansion of cloud systems is further boosting the growth of stadium and arena management solutions as it provides remote access and mobility. Furthermore, the rising adoption of cloud systems is creating collaborations with third-party vendors and sponsors, which may further fuel the demand for stadium and arena management software.
The services segment led the industry market with a substantial revenue share in 2022, largely attributable to reducing the maintenance costs associated with the adoption of software. The stadium and arena management can adopt software based on the number of visitors to the game, which will reduce the additional costs for installation and maintenance. Moreover, some stadiums may not need stadium and arena management software due to the lower chance of international events, necessitating its demand only for the stipulated time in organizing larger sports events.
By Deployment Analysis
- Cloud segment registered the largest market share in 2022
The cloud segment accounted for the largest market share in 2022 and is likely to retain its market position throughout the forecast period. This is attributable to the lower infrastructure costs compared to traditional on-premise deployment. This is further expanding the advanced stadium and arena management solutions to a wider audience. Furthermore, cloud systems are known to enhance data accessibility for organizers, assisting management in making effective decisions in the planning of sports events. This will further enhance the new growth potential for the market.
The on-premise segment is expected to grow at the fastest rate over the next few years on account of the higher data security and prevalence of existing users. Most of the organizers give importance to their data, which places demand for on-premise deployment as it reduces the risk of data breaches. These factors are likely to stimulate the expansion of the global market in the coming years.
By End-User Industry Analysis
- Sports teams and leagues segment held the significant market revenue share in 2022
The sports teams and leagues segment held a significant market share in revenue share in 2022, which is highly accelerated due to the growing importance of organizing mesmerizing sports events. As sports teams and leagues step forward to improve user safety and satisfaction with world-class facilities, the demand for stadium and arena management solutions in the market is boosted. This enables organizers to manage event schedules, assign tasks, allocate resources, and coordinate with suppliers. These factors are fostering the growth of the market during the study period.
Regional Insights
- North America region registered the largest share of the global market in 2022
The North American region witnessed the global market. The increase in the organization of international events in this region, including the FIFA World Cup, Super Bowl, and Olympics, is necessitating stadiums and arenas to install solutions, contributing to the growth of the market as it forces organizers to deal with the larger crowd. For instance, the FIFA World Cup 2026 is to be hosted by Canada, & the United States.
Asia Pacific will grow at a rapid pace, owing to the growing government funding initiatives to promote an ongoing shift in consumer priority and societal values of sports. For instance, the Indian government assigned a higher sports budget in the financial year 2023-2024. There have also been investments and sponsorships in other sports because of the phenomenal success and popularity of cricket leagues like the Indian Premier League. In India, sports like football, kabaddi, and hockey are growing in popularity, viewership, and fervent fan bases. This may further fuel the demand for stadium and arena management solutions in the coming years.
Key Market Players & Competitive Insights
The stadium and arena management solution market exhibits a mix of consolidation and specialized players, contributing to the offering of diverse solutions to stadium management. Companies in this market are working on innovating effective ways of crowd management, simplifying ticket booking processes, enhancing venue security, stimulating user satisfaction, and maximizing average revenue per seating. For instance, the International Basketball Federation (FIBA) debuted the ASB Glass floor during the U19 Women's Basketball World Cup in 2023. With its ability to add player tracking and showcase player statistics within the arena and broadcast, it will boost the user experience.
Some of the major players operating in the global market include:
- Cisco Systems
- Ericsson
- Eventpro
- Fujitsu
- HOK
- Honeywell and Johnson Controls
- Hewlett Packard Enterprise Development
- IBM
- Laird Technologies
- PSAM
- SAP
- Tech Mahindra
Recent Developments
- In December 2022, Manchester City collaborated with Cisco to install a crowd intelligence solution, WaitTime, in Etihad Stadium, making it the first Premier League club to adopt this solution.
Stadium and Arena Management Solution Market Report Scope
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Report Attributes |
Details |
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Market size value in 2023 |
USD 5.34 billion |
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Revenue forecast in 2032 |
USD 11.22 billion |
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CAGR |
8.6% from 2023 – 2032 |
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Base year |
2022 |
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Historical data |
2019 – 2021 |
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Forecast period |
2023 – 2032 |
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Quantitative units |
Revenue in USD billion and CAGR from 2023 to 2032 |
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Segments covered |
By Component, By Deployment, By End-Use Industry, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
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Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
FAQ's
The stadium and arena management solution market report covering key segments are component, deployment, end-use industry and region.
Stadium and Arena Management Solution Market Size Worth $11.22 Billion By 2032
The global stadium and arena management solution market is expected to grow at a CAGR of 8.6% during the forecast period.
North American is leading the global market
key driving factors in stadium and arena management solution market are demand for technological adoption in stadium and arena management
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