ICT & Electronics Global LED Stadium Screens Market Outlook Industry | Page 3

are the advantages of full-color LED screens which are fueling the growth of this
segment.
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Rising sport activities
Huge popularity of sport events such FIFA, NBA and others and high investment
by organizers to provide better game experience to the viewers in stadium is
escalating the demand for small to very large LED screens in Stadiums. Further,
increasing number of sport fans across the world and their inclination towards
sport stadiums are envisioned to bolster the growth of global LED stadium
screens market over the forecast period.
Increasing number of stadiums
Continuous emergence of new stadiums coupled with growing modification in
existing stadiums is fueling the demand for LED stadium screens and other
required technologies. Further, increasing stadium capacities is also a
considerable factor which is increasing the demand for extra screens which in
turn anticipated fostering the growth of LED stadium screens market.
Although, high installation cost of LED stadium screens is a major restraint to the
growth of global market. Additionally, growing preference for watching sports
through smartphones, computers and other media streaming devices is also a