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.

  • By Kaitlyn DeHaven
  • Jun 19, 2019

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

  • Maximizing Your Security Budget This Year

    Perimeter Security Standards for Multi-Site Businesses

    When you run or own a business that has multiple locations, it is important to set clear perimeter security standards. By doing this, it allows you to assess and mitigate any potential threats or risks at each site or location efficiently and effectively. Read Now

  • New Research Shows a Continuing Increase in Ransomware Victims

    GuidePoint Security recently announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report. In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals. Read Now

  • OpenAI's GPT-4 Is Capable of Autonomously Exploiting Zero-Day Vulnerabilities

    According to a new study from four computer scientists at the University of Illinois Urbana-Champaign, OpenAI’s paid chatbot, GPT-4, is capable of autonomously exploiting zero-day vulnerabilities without any human assistance. Read Now

  • Getting in Someone’s Face

    There was a time, not so long ago, when the tradeshow industry must have thought COVID-19 might wipe out face-to-face meetings. It sure seemed that way about three years ago. Read Now

    • Industry Events
    • ISC West
Most   Popular

Featured Cybersecurity

Webinars

New Products

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises. 3

  • ResponderLink

    ResponderLink

    Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols. 3

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings. 3