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

  • AI to Help Resolve Non-Emergency Calls Across Utah and Decrease 911 Caller Wait Times

    The Utah Communications Authority (UCA), which oversees the state’s next generation 911 technology services, recently announced that public safety answering points (PSAPs) throughout the state plan to implement Motorola Solutions’ Virtual Response technology to automate the receipt and resolution of 10-digit non-emergency line calls in Utah with the help of AI. Read Now

  • Report Reveals Local Governments Face Surge in Ransomware Attacks with Minimal Resources

    KnowBe4, the cybersecurity platform that comprehensively addresses human risk management, recently released new research highlighting the critical cybersecurity challenges facing state, local, tribal, and territorial (SLTT) governments. The report details how government organizations have become prime targets for cybercriminals while simultaneously facing severe resource constraints. Read Now

  • Video Surveillance Trends to Watch

    With more organizations adding newer capabilities to their surveillance systems, it’s always important to remember the “basics” of system configuration and deployment, as well as the topline benefits of continually emerging technologies like AI and the cloud. Read Now

  • New Report Reveals Top Trends Transforming Access Controller Technology

    Mercury Security, a provider in access control hardware and open platform solutions, has published its Trends in Access Controllers Report, based on a survey of over 450 security professionals across North America and Europe. The findings highlight the controller’s vital role in a physical access control system (PACS), where the device not only enforces access policies but also connects with readers to verify user credentials—ranging from ID badges to biometrics and mobile identities. With 72% of respondents identifying the controller as a critical or important factor in PACS design, the report underscores how the choice of controller platform has become a strategic decision for today’s security leaders. Read Now

  • Overwhelming Majority of CISOs Anticipate Surge in Cyber Attacks Over the Next Three Years

    An overwhelming 98% of chief information security officers (CISOs) expect a surge in cyber attacks over the next three years as organizations face an increasingly complex and artificial intelligence (AI)-driven digital threat landscape. This is according to new research conducted among 300 CISOs, chief information officers (CIOs), and senior IT professionals by CSC1, the leading provider of enterprise-class domain and domain name system (DNS) security. Read Now

New Products

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area.

  • 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.