Stadium Security Market - Grow at a Significant CAGR of 13.65% over the Forecast Period
The “Stadium security Market [Components – Hardware (Access Control Systems, Video Surveillance Systems, Others), Software (On-premise, Cloud), and Services (Installation and Maintenance services, Others); Sales Channel – Channel Partners, Direct Sales, Others] – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025”, report provides an in-depth analysis of the global stadium security market for the period 2017 – 2025, wherein 2016 is the base year, data for the year 2015 is considered as historical information and the years from 2015 to 2025 is the forecast period. The report also provides compound annual growth rate (CAGR %) from 2017 to 2025 for all the segments in the scope of study.
The report covers key trends prevailing in the global stadium security market over the forecast period. The report also describes various factors impacting the global stadium security market growth during the forecast period including market drivers, restraints, and opportunities
The global stadium security market is segmented in terms of components into hardware, software, and services. The hardware segment is further categorized into access control systems, videos surveillance systems, and others. Others consist of staffing, stadium light poles, and bollards. The software segment is further segmented into on-premise based and cloud based software.
Furthermore, the services segment is further classified into installation and maintenance services, and others. Others includes technical support, and training. Video surveillance segment from the hardware is expected to hold a highest revenue share for the global stadium security market in 2025, as majority of the stadiums across the globe deployed video surveillance systems for the comprehensive safety and security of the spectators and participants
By sales channel, the stadium security market is segmented into channel partner, direct sales, and others. Others segment includes retailors, online marketplaces, and outsourced sales. Deciding the correct sales channel can affect not only the company’s marketing strategies, but also the potential revenue of the businesses. The channel partner segment is expected to hold a significant revenue share of US$ 10,956.1 Mn during the forecast period.
The channel partner segment consists of various participants including distributers and system integrators. Channel partner helps stadium security manufacturers in many way including providing installation and maintenance services, sales, brand and marketing support. Furthermore, it helps in gaining the additional revenues from current customers by meeting more of their related security needs.
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