Global Stadium Security Market to Rise to 16057 USD by 2025

Global Stadium Security Market to Rise to US$ 16057.6 Mn by 2025

A report by Fortune Business Insights projects the global stadium security to grow rapidly over the next few years. The analysis estimates that the United States and Canada will lead the charge, with the Asia Pacific experiencing high growth as well.

A report released by Fortune Business Insights this week anticipates the Stadium Security Market to grow rapidly during the next few years. The report, titled “Stadium Security Market: Global Market Analysis, Insights and Forecast, 2018-2025” stated that there is a rising importance associated with stadium security due to the multitude of sports events and concerts that are held in stadiums.

The growth will include the installation of some solid security systems such as metal detectors, intrusion alarm systems, access control systems, CCTV cameras, and fire alarm systems. These will be put in place to deter and hopefully halt the growth of security incidents that occur in stadiums.

In 2017, the global market for stadium security was valued at US$ 6,236.9 Mn, and by 2025, it is forecasted to reach US$ 16,057.6 Mn. During this period, the global market is expected to exhibit a CAGR of 12.8%.

While stadiums with a capacity of less than 30,000 seats are expected to take the highest share in the global market, stadiums with seating capacity ranging from 30,000 to 50,000 are anticipated to rise at the largest CAGR – 13.4%. Moreover, as they are currently at the highest risk for terrorist attacks, the United States and Canada are predicted to lead the global stadium security market in the next few years, with the Asia Pacific market following behind.

Furthermore, IoT integration is expected to be placed in more stadiums as this market grows. A lead analyst at Fortune Business Insights said that these upgrades will offer a more pleasant spectator stadium experience.

“Technological advancements such as adoption of internet of things (IoT) in stadium security systems is expected to enhance the spectator experience,” he said. “Upgradation of stadium security plan can offer a convenient and personalized experience to spectators and simultaneously ensures complete security.”

About the Author

Kaitlyn DeHaven is the Associate Content Editor for the Infrastructure Solutions Group at 1105 Media.

Featured

  • Survey Shows Election Anxiety Crosses Party Lines

    New reports of election worker intimidation are raising concerns about election interference. A majority of Americans (71%) are worried about voter intimidation or safety at the polls, and 75% want security cameras at their voting place, according to a new national survey. Read Now

  • 66 Percent of Cybersecurity Pros Say Job Stress is Growing

    Sixty-six percent of cybersecurity professionals say their role is more stressful now than it was five years ago, according to the newly released 2024 State of Cybersecurity survey report from ISACA, a global professional association advancing trust in technology. Read Now

  • Live from GSX 2024: Post-Show Recap

    Another great edition of GSX is in the books! We’d like to thank our great partners for this years event, NAPCO, LVT, Eagle Eye Networks and Hirsch, for working with us and allowing us to highlight some of the great solutions the companies were showcasing during the crowded show. Read Now

    • Industry Events
    • GSX
  • Research: Cybersecurity Success Hinges on Full Organizational Support

    Cybersecurity is the top technology priority for the vast majority of organizations, but moving from aspiration to reality requires a top-to-bottom commitment that many companies have yet to make, according to new research released today by CompTIA, the nonprofit association for the technology industry and workforce. Read Now

Featured Cybersecurity

Webinars

New Products

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction. 3

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file. 3

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge. 3