The Business Research Company’s Artificial Intelligence In Stadium Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Artificial Intelligence In Stadium Global Market Report 2023 evaluates artificial intelligence in stadium market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The burgeoning global artificial intelligence in the stadium market is poised for substantial growth, with projections indicating a noteworthy expansion from $1.37 billion in 2022 to a remarkable $2.14 billion by the year 2023. This growth is attributed to an impressive compound annual growth rate (CAGR) of 56.1%. However, it’s imperative to consider the contextual backdrop that frames this trajectory.
The ongoing Russia-Ukraine war has cast a formidable shadow over global economic recovery efforts, particularly in the wake of the COVID-19 pandemic. This geopolitical conflict has precipitated a cascade of consequences, including far-reaching economic sanctions imposed on multiple nations. These actions, coupled with an unforeseen surge in commodity prices and ensuing supply chain disruptions, have instigated a ripple effect of inflation across the spectrum of goods and services. Moreover, the resulting economic turbulence has culminated in heightened interest rates, influencing diverse markets worldwide.
Notwithstanding these challenges, the artificial intelligence in the stadium market is anticipated to continue its upward ascent, poised to reach an impressive valuation of $11.85 billion by 2027, underpinned by a robust CAGR of 53.4%. This is indicative of the sector’s enduring resilience and potential for sustained growth, even in the face of complex global dynamics.
The growth trajectory of the artificial intelligence in the stadium market is poised for an upward surge, largely propelled by the increasing number of participants in sporting events. Sporting events, which encompass structured competitions or gatherings where athletes and teams engage in various sports disciplines, serve as a dynamic arena for the application of artificial intelligence within stadiums. This transformative implementation of AI technologies and systems is driven by the overarching goal of enhancing performance analysis, elevating the fan experience, offering critical support to referees, enabling predictive analytics, and streamlining stadium operations for optimal efficiency.
An illustrative example from 2020, as reported by Tourism Economics, a Philadelphia-based information services organization, reveals that approximately 96 million travelers attended sporting events in the United States. Fast forward to 2021, this number significantly expanded to an impressive 175 million travelers, underscoring the burgeoning interest in sports. Moreover, as of February 2023, according to the Sports & Fitness Industry Association (SFIA), a US-based advocate for sports and fitness participation, a staggering 77.6% of all Americans, equivalent to a remarkable 236.9 million individuals, actively engaged in at least one activity within the expansive realm of 124 different sports, fitness, and outdoor pursuits in 2022.
Consequently, it is abundantly clear that the surge in the number of participants in sporting events constitutes a pivotal force driving the continued growth and evolution of the artificial intelligence in the stadium market. This phenomenon underscores the ever-expanding influence of AI as a transformative element in the sports industry, poised to redefine the landscape of sports engagement and spectatorship.
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The artificial intelligence in stadium market segments in the report are:
1) Artificial Intelligence In Stadium Market By Product: Digital Content Management, Stadium And Public Security, Building Automation, Event Management, Network Management And Crowd Management
2) Artificial Intelligence In Stadium Market By Component: Software, Service
3) Artificial Intelligence In Stadium Market By Application: Government, School, Other Applications
Top Major Players
The table of contents in TBRC’s artificial intelligence in stadium market report includes:
1. Executive Summary
2. Artificial Intelligence In Stadium Market Characteristics
3. Artificial Intelligence In Stadium Market Trends And Strategies
4. Artificial Intelligence In Stadium Market – Macro Economic Scenario
……
32. Global Artificial Intelligence In Stadium Market Competitive Benchmarking
33. Global Artificial Intelligence In Stadium Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence In Stadium Market
35. Artificial Intelligence In Stadium Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Artificial Intelligence In Stadium Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Artificial Intelligence In Stadium Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Artificial Intelligence In Stadium Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 74: Inspur Technologies Co Ltd. Financial Performance
Table 75: Alphabet Inc. Financial Performance
Table 76: Microsoft Corporation Financial Performance
Table 77: Siemens AG Financial Performance
Table 78: General Electric Company Financial Performance
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