The increasing number of sports events and concerts in stadiums is aiding the expansion of the global stadium security market. Fortune Business Insights in a report, titled “Stadium Security“: Global Market Analysis, Insights and Forecast, 2018-2027” published the above information. The report offers exclusive insights into the market. The rising importance of public safety and security in stadiums is gaining importance across the world.
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- Bosch Security and Safety Systems
- Intel Corporation
- Rapiscan Systems
- Dallmeier electronic
This is compelling stadium owners to install a well-equipped solid security system such as metal detectors, intrusion alarm systems, access control systems, CCTV cameras, and fire alarm systems. Over the past few years, some unfortunate incidents have taken place in stadiums. Taking this into consideration, the stadium management decided to install facial recognition systems and restrict the entry of troublemakers.
According to the report, the global market was valued at USD 6,236.9 Mn in the year 2017 and is expected to reach USD 16,057.6 Mn by 2027. In addition to this, the global market is anticipated to exhibit a remarkable CAGR of 12.8% during the forecast period.
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Stadium Seating Capacity Ranging from 30000-50000 Exhibits 13.4% CAGR
As per seating capacity, stadiums with a capacity between 30000 and 50000 are anticipated to grow at a rapid pace. Furthermore, this range is expected to rise at a CAGR of 13.4% driven by rising number of events and concerts. On the other hand, stadiums with a capacity of fewer than 30000 seats are projected to account for the highest share in the global market. However, this segment is anticipated to exhibit a CAGR of 12.5% during the forecast period.
1. By Component
- Hardware (Access Control System, Video Surveillance System, Intrusion Alarm, Fire Alarm Systems, Others (Public Address System, Metal Detectors))
- Software & Services
2. By Seating Capacity
- Less than 30000
- 30000 – 50000
- More than 50000
3. By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
- Latin America (Brazil, Mexico and Rest of Latin America)
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Table of Content
5. Global Stadium Security Market Analysis, Insights and Forecast, 2015-2027
5.2. Key Findings / Summary
5.3. Market Analysis, Insights and Forecast – By Components
5.3.1. Hardware (Biometrics, Smoke Detectors, Metal Detectors, Camera Systems, Others)
5.3.2. Software & Services
5.4. Market Analysis, Insights and Forecast – By Seating Capacity
5.4.1. Less Than 30000
5.4.2. 30000 – 50000
5.4.3. More Than 50000
5.5. Market Analysis, Insights and Forecast – By Region
5.5.1. North America
5.5.3. Asia Pacific
5.5.4. Middle East & Africa
5.5.5. Latin America
6. North America Stadium Security Market Analysis, Insights and Forecast, 2015-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Components
6.2.1. Hardware (Biometrics, Smoke Detectors, Metal Detectors, Camera Systems, Others)
6.2.2. Software & Services
6.3. Market Analysis, Insights and Forecast – By Seating Capacity
6.3.1. Less Than 30000
6.3.2. 30000 – 50000
6.3.3. More Than 50000
6.4. Market Analysis, Insights and Forecast – By Country
7. Europe Stadium Security Market Analysis, Insights and Forecast, 2015-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Components
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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