Stadium Security Market to Reach US$ 16,057.6 Mn by the End of 2025, Exhibiting a CAGR of 12.8%.

Avigilon Corporation, AxxonSoft, BOSCH Security Systems, and Honeywell International Inc. Leading the Global Stadium Security Market in Terms of Revenue


Pune, Maharashtra -- (SBWIRE) -- 06/10/2019 -- The rising importance regarding the security of stadiums is driving the global stadium security market. Fortune Business Insights in a new study, titled "Stadium Security Market: Global Market Analysis, Insights, and Forecast, 2018-2025" highlights the rising number of events such as concerts, public gatherings, and sports events hosted around the world is stoking the demand for stadium security measures. According to the report, the global market covered the value of US$ 6236.9 Mn in 2017 and is anticipated to reach a whopping value of US$ 16057.6 Mn by 2025. Furthermore, the global market is expected to rise at a noteworthy CAGR of 12.8% throughout the forecast period.
Stadium security solutions help in effective crowd management by ensuring the safety of spectators. This safety is maintained through a solid security system consisting of CCTV cameras, access control systems, fire alarm systems, and metal detectors. Now, stadium management has installed a facial recognition system to rule out the entry of troublemakers.

Sample PDF:

Larger Companies Hold Top Slot in the Market

In 2017, the top ten players covered around two-third of the global stadium security market in terms of revenue. Presently, the global market is dominated by large and prominent players. In addition to this, the market is expected to witness entry of new players in the upcoming years.
Some of the leading players operating in the global market are Avigilon Corporation, Honeywell International Inc., BOSCH Security Systems, Genetec Inc., Rapiscan Systems, Dallmeier, Intel Corporation, CISCO Systems Inc., and AxxonSoft.

Companies are planning to adopt intellect-based security systems which will help in the efficient investigation of incidents. With the help of video analytics, these systems will give prior information on any unfortunate incidents and prevent them even before they happen.

Rising Adoption of IoT Technologies Stokes Demand for Stadium Security Solutions

The advent of digitization is likely to benefit stadium owners as well as spectators in terms of security. Installation of metal detectors in stadiums is helping the stadium management to avoid the potential threats of any kind. This will further ensure improved public safety and will eventually benefit stadium owners. The rising adoption of the internet of things (IoT) technologies is expected to drive the market during the forecast period. These technologies are adopted to effectively manage stadium infrastructure starting from parking space. The report predicts the above-mentioned factors to positively impact the stadium security market by 2025.

U.S. and Canada Witnesses Higher Adoption of Stadium Security Systems, Catapulting North America to the Fore

Among regions, North America leads the global stadium security market backed by high demand emanating from Canada and the U.S.. In 2017, the market in North America has valued at US$ 2486.3 Mn. It is expected to remain dominant through the forecast years. The rising demand for maintaining stadium infrastructures and data-driven operations is supporting growth of the market in North America. On the other hand, the market in the Asia Pacific is projected to witness strong demand in the forecast period. The rising sports league culture in this region has resulted in the rise in the number of national and international events hosted in the region. This, in turn, is expected to propel growth of the Asia Pacific stadium security market. One of the significant trends observed in APAC stadiums is the rising focus on engaging and delighting fans. This will augment demand for smart stadium security solutions in the coming years, thus driving the market in Asia Pacific.

Request for Customization:

Key Companies Covered in The Report
- Avigilon Corporation
- AxxonSoft
- BOSCH Security Systems
- Genetec Inc.
- Dallmeier
- Honeywell International Inc.
- NEC Corporation
- Rapiscan Systems
- CISCO Systems Inc.
- Intel Corporation

Browse Releated Reports:

Process Spectroscopy Market Size, Share and Global Trend By Technology (NIR Spectroscopy, Raman Spectroscopy, FT-IR Spectroscopy and Others), By End Use Industry (Polymer, Pharmaceutical, Chemical and others), and Geography Forecast till 2025

Push-To-Talk (PTT) Marke t Size, Share and Global Trend by Network (PoC, LMR), Component (Hardware, Software, Services), Applicationand (Public Safety & Security, Transportation & Logistics, Manufacturing & Construction, Travel & Hospitality Defense) Geography Forecast till 2025

About Fortune Business Insights
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
US :+1-424-253-0390
UK :+44-2071-939123
APAC :+91-744-740-1245