Deployment & Integration Service to Dominate Brazil Smart Stadium Market During Forecast Period
Increasing demand for
enhanced fan experience in stadiums to drive the growth of Brazil smart stadium
market
According to
TechSci Research report, “Brazil Smart Stadium Market By Software, By Service, By Region, Competition, Forecast &
Opportunities, 2025” the Brazil smart stadium marketis expected to grow at a steady rate during the forecast period owing to the growing sports
league culture and technological advancements. Additionally, initiatives taken
by the government towards automation of industries & buildings, for
providing better experience to the audience are further anticipated to propel
the market for smart stadiums in Brazil over the coming years. However, high
initial investments can hamper the growth of market during forecast period. Additionally,
technical glitches and unsecured Wi-Fi networks can further restrict the growth
of market during forecast period.
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The Brazil
smart stadium market is segmented based on software, service, company and
regional distribution. Based on software, the market can be fragmented into digital
content management, stadium & public security, building automation, event
management and others. The stadium & public security software segment is
expected to witness significant growth during forecast period. This can be
ascribed to the rising security concerns in these stadiums, supported by
increase in attacks by miscreants and government regulations for public safety and
security. Based on service, the market can be categorized into consulting,
deployment & integration and support & maintenance. The deployment
& integration segment is expected to dominate the market during forecast
years, since stadiums can achieve integration between enterprise applications,
partners, people, and complement the project at a fast pace with these
services.
NEC Latin America
S.A., IBM Brazil Ltd., Cisco Systems Inc. (Brazil), Intel Corporation, Fujitsu
General DO BRASIL LTDA., Johnson Controls BE DO Brasil Ltda., NTT do Brasil
Telecomunicações Ltda., Ericsson Brazil, Honeywell Do Brasil Ltda, Schneider
Electric Brasil Ltda. and others are some of the leading players
operating in Brazil smart stadium market.
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“Brazil smart
stadium market is projected to witness robust growth during the forecast period
owing to the rapid adoption of digital technologies in stadiums for increasing
security, safety and enhancing the fan experience. Additionally, the country
has been hosting various sports events such as Olympics, World Cup Matches,
Leagues, among others which is further expected to spur the market through 2025.”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“Brazil Smart Stadium Market By Software, By
Service, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Brazil smart
stadium market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in Brazil smart stadium market.
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