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Report Highlights:
The increasing number of sports events and concerts in stadiums is aiding expansion of the global stadium security
market. Fortune Business Insights in a report, titled “Stadium Security: Global Market Analysis, Insights and Forecast,
2018-2025” published the above information. The report offers exclusive insights into the market. The rising importance
on public safety and security in stadiums is gaining importance across the world. This is compelling stadium owners to
install well-equipped solid security system such as metal detectors, intrusion alarm systems, access control systems,
CCTV cameras, and fire alarm systems. Over the past few years some unfortunate incidents have taken place in
stadiums. Taking this into consideration, the stadium management decided to install facial recognition systems and
restrict entry of troublemakers.
According to the report, the global market was valued at US$ 6,236.9 Mn in the year 2017 and is expected to reach US$
16,057.6 Mn by 2025. In addition to this, the global market is anticipated to exhibit a remarkable CAGR of 12.8% during
the forecast period.
Competitive Rivalry Among Players Spikes Installation of Advanced Stadium Security Tools
Increasing terrorist threats and pressing need for ensuring public safety are compelling companies to develop
innovative and smart stadium security measures. To gain an edge over strong competition, several leading players are
installing stadium security systems at some major stadiums to maintain their position in the global market. For
instance, Vodafone is projected to design a smart stadium security system for FIFA World Cup 2022 in Qatar. The
market position of companies is determined based on the number of tenders they receive from sports government
agencies.
Speak to Analyst:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/stadium-security-market-100310
Fortune Business Insights Pvt Ltd.
Healthcare Architecture Market Size, Share and Global Trend By Product Facility Type
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