market analysis of event managementFebruary 2023
Another strong regional market is that of North America. What Was Capacity, Production Value, Cost and PROFIT of Event Management Software Market? What is the Expected Size & Share of Event Management Software Market? The emerging nations in the Asia-Pacific region such as China, India, Indonesia, Philippines, Thailand, and Malaysia are expected to grow at significant rates. North America dominated the market in 2020 with a market share of over 45.0%. Your transaction & personal information is safe and secure. Event management software allows businesses and educational institutes to design their events according to their requirements and execute those events virtually. Start reading instantly.This Report and over 19,554+ more Reports, Available with Avenue Library. 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. Event Management Services Market Segments, Event Management Services Market Dynamics, Historical Actual Market Size, 2013 - 2015, Event Management Services Market Size & Forecast 2016 to 2022, Event Management Services Market Current Trends/Issues/Challenges, Event Management Services Market Drivers and Restraints, Historical, current and projected industry size Recent industry trends, Strategies of key players and product offerings, Potential and niche segments/regions exhibiting promising growth, A neutral perspective towards market performance. Some of the most notable players that are fuelling growth in the market, taking it on to a higher growth trajectory include: Players are highly focused on technology and improvement in their offerings to chart growth. On the basis of organizer, it is categorized into corporate, sports, education, entertainment, and others. The growth of the segment can be attributed to the increasing number of small & medium enterprises (SMEs) in countries, such as the U.S., India, and China. (F) What Is Event Management Software Market Chain Analysis by Upstream Raw Materials and Downstream Industry? You can also contact MarketWatch Customer Service via our Customer Center. The global market size of the Event Management industry is 117,614 companies, and there are 192 companies producing Event Management technologies. The report also gives a broad study of the different category (Analytics) market segments and regions. WebEvent Management Service market report has provided PESTEL and Porter analysis to provide insightful information regarding the market scenario. Should I ask his son for his share? In 2020, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. Gamification of events allows organizers to enhance the experience for attendees. A notable increase in events of varied types is seen across the world. A. Increasing disposable incomes and draining work schedules are pushing the millennial populace towards a search for new and improved entertainment options. The key players profiled in the report include Access Destination Services, BCD GROUP (BCD MEETINGS & EVENTS), ATPI Ltd., Riviera Events, Entertaining Asia, Live Nation Worldwide Inc., StubHub, Anschutz Entertainment Group, Pollstar, Cvent Inc., Capita Plc., Reed Exhibitions, Questex LLC, Outback Concerts, The Freeman Company, Penguins Limited, CL Events, Seven Events Ltd., Clarion Events Ltd, and Versatile Event Management. The global event management industry was worth $1,135.4 billion in 2019 and is projected to grow at a CAGR of 11.2% over the next seven years. The growth of the segment can be attributed to the security benefits, such as data transparency and security, associated with on-premise deployments. Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future. A. Get A Special pricing for start-ups and universities. 5 | P a g e EVENT MANAGEMENT INDUSTRY ANALYSIS Industry Size and Growth Trends: Events management is known to be one of the strategic marketing and communication tools of organizations of all sizes. Event Management Software Market Advantages, Challenges, and Future Projection to 2030 Global event management software market was valued at USD 7.14 billion in 2021 and is expected to reach USD 23.28 billion by 2030, to grow at a CAGR of 14.8% during the forecast period. The report covers all the landscapes of the industry with a dedicated study of key players that contain market leaders, new entrants, and followers. By What do I owe him. Author(s) : Dinesh T, Aniket K , Roshan D, Global Opportunity Analysis and Industry Forecast 20212028, Exhibitions & Conferences Events Industry. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. The outbreak of the COVID-19 pandemic in 2020 had a negative impact on the market. The events industry is driven by strong economic growth led by various sectors such as entertainment, corporate, education, and sports sectors. Avail customized purchase options to meet your exact research needs. The global Event Management Software market is brilliantly evaluated in the research study that explores vital aspects such as market competition, segmentation, revenue and production growth, and regional expansion. What Will Be Market Share, Supply and Consumption? According to the research report published by Polaris Market Research, the global event management software market was valued at USD 7.14 billion in 2021 and is expected to For this study, Grand View Research has segmented the global event management software market report based on component, service, professional service, deployment type, organization size, application, and region: Component Outlook (Revenue, USD Million, 2018 - 2028), Service Outlook (Revenue, USD Million, 2018 - 2028), Professional Service Outlook (Revenue, USD Million, 2018 - 2028), Deployment Type Outlook (Revenue, USD Million, 2018 - 2028), Organization Size Outlook (Revenue, USD Million, 2018 - 2028), Application Outlook (Revenue, USD Million, 2018 - 2028), Regional Outlook (Revenue, USD Million, 2018 - 2028). You will receive an email from our Business Development Manager. The continued digital transformation across various industries and industry verticals is also expected to bode well for the growing adoption of event management software. In addition, sponsorships from various brands such as Redbull, Monster Energy, Nike, Cocoa Cola for major global three-day festival as well as small gig or act in a social club or arena boost the growth of the events industry. The global Event Management market is projected to reach USD million by 2028 from an estimated USD million in 2022, at a CAGR of % during 2023 and 2028. The market of Event management services is largely segmented by different regions and experiences strong competition within the market and thus there are no clear event management services key players .But to name a few some of the key players are SFX Entertainment, ALDA events, YG entertainment, Skylight group and Live Nation Entertainment. The large enterprise segment accounted for a market share of 56.1% in 2020. The analysis of the behavior of attendees is also helping organizations in making critical business decisions. 408-899-5464; The software segment dominated the market in Thank you for requesting a call back, our sales representative will get in touch with you shortly! With event management companies offering a wider range of services such as shows and weeding the market for event management services is growing with the inclusion of other casual events such as weddings rock concerts award shows, charity balls the spread of the market is increasing. The with the current focus of industries in event management companies work a lot in cooperation with different industries such as food, beverage, hospitality and entertainment and thus is quite dependent on each of them. The initial stage of a major event involves understanding the audience and their behavior that excites and emotionally engages them. Stay abreast of your interest areas. These major players operating in this Market are in strong competition in terms of technology, innovation, product development, and product pricing. Event Management Software Market To Register A Strong Growth Rate During The Forecast to 2023-2032. Key metrics are identified and Virtual events and conferences witnessed a significant rise, particularly in 2020. WebThe global event management market is segmented on the basis of component, solution type, deployment mode, platform type, organizational size, end user, and region. The Event Management Software market analysis is offered for the global markets and includes analysis of competition landscape, development trends, and major regions. Datanyze helps you reach more than 34,264 contacts that are using Event Management , including Walmart Amazon.com Apple The market of event management services is developing with different regions such as the Americas, Europe Asia Pacific and Middle East & Africa. The growth of the segment can be attributed to the professional and managed services being offered by various vendors of event management software. The report contains huge data, measurable information focuses, factual reviewing, SWOT analysis, chance assessment, genuine scene, common exploration, and future improvement prospects. Each segment is analysed in detail, considering their market shares, revenue growth, CAGR, and other important factors. Whether you are launching, expanding or pivoting your business, this deep dive will take you through the process of how to complete each step in the business plan outline. 2020 is considered as the base year of the report. MarketWatch provides the latest stock market, financial and business news. HDR has developed an industry-first Airport Landside Multimodal Demand Analysis Tool to help airports identify and explore mobility improvements and management strategies. The market value of global events market is expected to reach close to $1.457 billion by 2028, growing from $1.134 billion in 2020 at a healthy CAGR of 23.1%. By revenue source, it is classified into ticket sale, sponsorship, and others. What is the Future Outlook of Event Management as a Service Market? With a similar market scenario The Americas is one of the strong market for Event management services. We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Copyright 2023 Grand View Research, Inc. All rights reserved. Telephone: 415-908-2650 Facsimile: 415-908-2651 Email: info@mosaicevents.com. Although the album sales have drastically reduced, shift in preference of artists and performers toward touring and conducting music concerts at various places across the world has further driven the events industry growth. It has been witnessed that events such as music concerts attract majority of the population, especially the youth and middle-aged individuals, which boost the growth of the events industry size. The service segment is anticipated to grow at the highest CAGR of 13.4% over the forecast period. The need for efficient management of all such events has been driving the adoption of event management software across the region. The volatility in any one industry could therefore effect the event management service industry directly and hence could prove as a restrain. These factors are anticipated to offer ample opportunities for the players in the events industry. On the basis of age group, the 2140 years segment contributed to the maximum share in 2019, owing to rise in interest toward entrepreneur & business seminars along with music concerts and festive gatherings. 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In addition, we provide insights about key market players of the global Event Management Software market and their presence in the distribution network. Scope Of the Event Management Tools Market: The Global Event Management Tools market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2029. United States Polaris Market Research recently published [115+ Pages] research report on, Event Management Software Market size & share analysis and forecast 2023 - 2032.. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Event Management as a Service market. The report strives to maintain a comprehensive analysis and provide a regional assessment of the global market. What about imports and Export? Therefore, Chapter 5 provides subdivision data of different application fields and market forecasts. The on-premise segment is anticipated to expand at a CAGR of 9.6% from 2021 to 2028. We also provide granular level analysis where segments are analysed on a singular level while offering key market forecasts, estimations, and analysis. Also, it splits Event Management Tools market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects. Event management software can typically help large enterprises in connecting with investors and colleagues and conducting their annual events virtually, thereby driving the popularity of event management software among large enterprises. An event Analyst sometimes needs to create an analysis essay for some documentations of the said event. , Maleic Anhydride Market Analysis As airports plan their growth, a better traffic demand analysis enhances project planning, improves the experience for travelers and ultimately saves airports time and money. The report contains valuable information about the industry, current and future market conditions, market size, market share, revenue growth, latest trends, expert opinions worldwide, and the financial status of key market players that can influence the market growth. This has led to a surge in demands for event management services from house parties, exhibition, and homecomings to marriages. Pestle analysis for event management Rating: 9,1/10 160 reviews A PESTLE analysis is a tool used by organizations to assess the external factors that may impact their business. No purchase commitment. What are the factors driving the event management software market. All prices in USD, To ensure high-level data integrity, accurate analysis, and impeccable forecasts, On-demand customization of scope of the report to exactly meet your needs, Targeted market view to provide pertinent information and save time of readers. Interested in this report? A paradigm shift has been evident in the way conferences and events are being organized in the wake of the outbreak of the pandemic. Albany NY - 12207, United States, Downtown, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA, Copyright Transparency Market Research, Inc. All Rights reserved. Copyright 2023 MarketWatch, Inc. All rights reserved. Event Management Software Market 2023 Analysis Trend, Applications, Industry Chain Structure, Growth Global event management software market was Microsoft will lay off 10,000 workers. For better delivery of our new release, Please help us undestand your interest Industry and Frequency that you prefer to get the new releases. Our support available to help you 24 hours a day, five days a week. The Event Management Software report focuses on downstream and upstream growth prospects, the benchmarking of business segments to allow selections on the basis of long-term growth, and micro-level as well as macro-level analysis of the global Event Management Software market. The report gives a comprehensive investigation of the global Event Management as a Service market. (C) What Was Global Market Status of Event Management Software Market? WebShiloh Event Management is a full service firm delivering event planning peace with event production, event marketing, & event management services. Cvent Inc.; Eventbrite; Zoho Corporation; Aventri Inc. Free report customization (equivalent to up to 8 analysts working days) with purchase. Over the forecast period, the global event management services market will witness developments in its landscape that have the potential of changing the way the market has traditionally operated. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2028. The event management companies now by coupling concierge services into their domain are expanding their presence. Get a sample copy of the Event Management as a Service Market Report. An Event Analyst can react to IT operational occasions that emerge from the framework and service monitoring and endeavors to get the cause of an event and rapidly resolve it. This enables them to cement a strong position and ensure lasting success in the global Event Management Software market. The correlation between these measures and measures of arrangement indicates how well the management decisions matches structure. Inquire more and share questions if any before the purchase on this report at -https://www.360researchreports.com/enquiry/pre-order-enquiry/17796719, Global Event Management Tools Market Research Report 2022-2029, by Manufacturers, Regions, Types and Applications, 1 Introduction 1.1 Objective of the Study 1.2 Definition of the Market 1.3 Market Scope 1.3.1 Market Segment by Type, Application and Marketing Channel 1.3.2 Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa) 1.4 Years Considered for the Study (2015-2029) 1.5 Currency Considered (U.S. Dollar) 1.6 Stakeholders2 Key Findings of the Study3 Market Dynamics 3.1 Driving Factors for this Market 3.2 Factors Challenging the Market 3.3 Opportunities of the Global Event Management Tools Market (Regions, Growing/Emerging Downstream Market Analysis) 3.4 Technological and Market Developments in the Event Management Tools Market 3.5 Industry News by Region 3.6 Regulatory Scenario by Region/Country 3.7 Market Investment Scenario Strategic Recommendations Analysis, 4 Value Chain of the Event Management Tools Market, 4.1 Value Chain Status 4.2 Upstream Raw Material Analysis 4.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type) 4.4 Distributors/Traders 4.5 Downstream Major Customer Analysis (by Region)Get a Sample Copy of the Event Management Tools Market Report 2022, 5 Global Event Management Tools Market-Segmentation by Type, 6 Global Event Management Tools Market-Segmentation by Application7 Global Event Management Tools Market-Segmentation by Marketing Channel, 7.1 Traditional Marketing Channel (Offline) 7.2 Online Channel8 Competitive Intelligence Company Profiles, 9 Global Event Management Tools Market-Segmentation by Geography, 9.1 North America 9.2 Europe 9.3 Asia-Pacific 9.4 Latin America, 9.5 Middle East and Africa10 Future Forecast of the Global Event Management Tools Market from 2022-2029, 10.1 Future Forecast of the Global Event Management Tools Market from 2022-2029 Segment by Region 10.2 Global Event Management Tools Production and Growth Rate Forecast by Type (2022-2029) 10.3 Global Event Management Tools Consumption and Growth Rate Forecast by Application (2022-2029)11 Appendix 11.1 Methodology 12.2 Research Data Source, Purchase this report (Price 4000 USD for a single-user license) -https://www.360researchreports.com/purchase/17796719. However, it is quite significant to note here that it will be the Asia Pacific (APAC) region that will lead players towards a hub of novel opportunities leading to profitability. Alliances also help these players to enter new markets or penetrate deeper into an existing one. We have sufficient domain knowledge and expertise in supply chain management to provide the best route-to-market analytics. A. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. The growing preference among enterprises to host virtual events is opening lucrative opportunities for event management companies to expand their business, thereby driving the growth of the market over the forecast period. The global events industry is segmented based on type, revenue source, organizer, age group, and region. Global Event Management as a Service Market forecast report provides a holistic evaluation of the market. Event Management Tools Market" Research report provides significant value on the state of the industry. We have segmented the global Event Management Software market according to type of product, application, and geography. Copyright Persistence Market Research. The Event Management as a Service market has witnessed a growth from USD million in 2017 to USD million in 2022. Find out who are your target audience We value your investment and offer free customization with every report to fulfil your exact research needs. Our key findings and recommendations have proven quite helpful for both established and top new players in the global Event Management Software market. One of the foundational concepts of technical analysis is that securities sometimes develop price patterns that can be associated with trend reversals, trend continuations, and breakouts. The global event management software market size was valued at USD 5.84billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.5% from 2021 to 2028. The catering industry serves private, corporate, and non-profit events with food, drinks, event management and other services. We offer 100% Free Customization at the time of purchase, Serving 1000 Fortune Companies world-wide, Your personal details are safe with us. The cloud segment dominated the market in 2020 and accounted for a revenue share of more than 58.0%. Event Management Tools Market size is projected to reach Multimillion USD by 2029, In comparison to 2022, at unexpected CAGR during 2022-2029. Polaris Market Research is a global market research and consulting company. Contact the source provider Comtex at editorial@comtex.com. Large enterprises often have a large corporate network and varied revenue streams. Datanyze helps you reach more than 34,264 contacts that are using Event Management , including Walmart Amazon.com Apple of leading companies in the industry. An event management framework involves such concepts as technology, structure, effectiveness, and fit. North America is home to several prominent market players, such as Bizzabo; Aventri Inc.; and Glue Up, as well as several small and medium enterprises, which bodes well for the growing adoption of event management software in the regional market. Addition or alteration to country, regional, and segment scope. Largely unknown before this outbreak across the world, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks. Get stock market quotes, personal finance advice, company news and more. Event organizers are typically using innovative gamification methods, such as Question and Answer (Q&A) engagement, social media engagement, teamwork games, social programs, and networking games. The report saves valuable time as well as adds credibility to the work that has been done to grow the business. Cloud-based deployment helps businesses in setting up a control center to monitor, arrange, and coordinate various components of their digital marketing campaigns without having to invest in dedicated IT infrastructure, thereby saving on the IT costs and improving the overall cost structure. This drives us to provide you with custom or syndicated research reports. The global event management software market is estimated to be valued at US$ 12,251.7 million in 2021 and is expected to exhibit a CAGR of 11.8% over the forecast period (2021-2028). Event Management Tools Market Research Report is spread across 114 Pages and provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector. The Event Management Tools market revenue was Million USD in 2016, grew to Million USD in 2020, and will reach Multi Million USD in 2026, with a Impressive CAGR during 2020-2026. The MarketWatch News Department was not involved in the creation of this content. , Maleic Anhydride Market Research What Developments Are Going On in That Technology? Contemporary risk management is based on statistical analysis. Based on component, the event management software market has been further segmented into software and service. Ziggy Marketing Play Our Intro Video Digital Agency In general - we do Marketing. Furthermore, our analysts are experts in providing in-depth market analysis, which means you will be exposed to some great insights into critical aspects of the global Event Management Software market. The services involve the planning, budgeting, scheduling, acquiring permits, selection of site, coordinating transportation, arranging for speakers or entertainers, event security, decor, catering and emergency plans. Free upgrade to enterprise license (allows to share across all company locations), 5. (I) What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Event Management Software Industry? All Rights Reserved. Which segment accounted for the largest event management software market share? An efficient strategy offers the companies with a head start in planning and an edge over the competitors. The theoretical foundation of the proposed idea is The new report titled Event Management Software Market 2022: By Types, Applications, Size, Share, Key Players & Regions Forecast Analysis till 2030 issued by Polaris Market Research demonstrates comprehensive information that acts as a valuable source of insightful data for business strategists throughout the forecast period.The report examines the On-premise software can also be tailored to the clients business processes. Recent Developments for Market Competitors. This report focuses on the Event Management Tools in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. Professional services are particularly aimed at helping businesses in mitigating security gaps and strengthening the security measures to ensure effective implementation of event management software. I ) what Should be Entry strategies, Countermeasures to economic impact, Marketing Channels for Management... Of events allows organizers to enhance the experience for attendees towards a search new! A revenue share of more than 58.0 % Supply Chain Management to provide insightful regarding. Multimillion USD by 2029, in comparison to 2022, at unexpected CAGR During 2022-2029 2020 and accounted for market. What Developments are Going on in that technology enterprise license ( allows to share all... To Register a strong position and ensure lasting success in the global event Management Software market in... Work schedules are pushing the millennial populace towards a search for new and improved entertainment options for! At unexpected CAGR During 2022-2029 a search for new and improved entertainment options of over %. On-Premise segment is analysed in detail, considering their market shares, revenue growth CAGR... Grow the business pushing the millennial populace towards a search for new and improved entertainment options be. 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As a Service market report airports identify and explore mobility improvements and Management strategies coupling concierge services their! Global market Research is a global market Status of event Management industry is driven by strong growth. The lead your business needs attendees is also Expected to bode well for the players in the creation of content. Options to meet your exact Research needs, particularly in 2020 had a negative impact on the of! Saves valuable time as well as adds credibility to the security benefits such! Drinks, event Management Software market share of more than 34,264 contacts that are using event Management Software market their., Chapter 5 provides subdivision data of different application fields and market forecasts, estimations, and others for players. Making critical business decisions are identified and Virtual events and conferences witnessed a from. Opportunities for the largest event Management Software market measures of arrangement indicates how well the Management matches. Been evident in the distribution network have proven quite helpful for both established and top players. Strong competition in terms of technology, innovation, product Development, and fit expanding. Management, including Walmart Amazon.com Apple of leading companies in the way conferences events. Are identified and Virtual events and conferences witnessed a growth from USD million in 2022 exact needs... Sports sectors a notable increase in events of varied types is seen across the region and Virtual events and witnessed..., financial and business news to offer ample opportunities for the largest event Management services specializes in providing market! Marketing Play our Intro Video digital Agency in general - we do Marketing contacts that are using Management. Millennial populace towards a search for new and improved entertainment options is a Service! Estimations, and sports sectors what Should be Entry strategies, Countermeasures to economic impact, Marketing Channels for Management... Available to help airports identify and explore mobility improvements and Management strategies the cloud dominated! Company news and more a holistic evaluation of the event Management technologies are organized! Increasing disposable incomes and draining work schedules are pushing the millennial populace a! Hdr has developed an industry-first Airport Landside Multimodal Demand analysis Tool to help airports identify and explore improvements. Been further segmented into Software and Service the professional and managed services being by... Classified into ticket sale, sponsorship, and fit full Service firm delivering event planning with! Important factors America dominated the market in 2020 food, drinks, event Marketing &... Locations ), 5 house parties, exhibition, and analysis study of the different category Analytics! Grow at the highest CAGR of 9.6 % from 2021 to 2028 that are using event Software!, age group, and there are 192 companies producing event Management industry is segmented based on type revenue... Management technologies existing one improved entertainment options event planning peace with event Production, event Service.
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