market analysis of event management

Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2022-2029. What is the event management software market growth? The growth of the regional market can be attributed to the growing preference for technologically advanced solutions among enterprises in Asia Pacific countries, such as China and India. Thank you for contacting us, our sales representative will get in touch with you shortly! Events refer to public gathering of populace art at a determined time and place. The key players operating in the events industry analysis focus on prominent strategy to overcome competition and to maintain as well as improve their events industry share in worldwide. , Maleic Anhydride Market Share 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 region is also known for hosting various public events, such as film festivals, marathons, and other events hosted by educational institutions, along with several other private events. Maleic Anhydride Market Contact Us:Web :https://360researchreports.com/Email: sales@360researchreports.comOrganization: 360 Research ReportsPhone: +44 20 3239 8187/ +14242530807, Community Association Management Software Market, Insurance Fraud Detection Software Market, Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Event Management Tools Market Growth, Size, Share, Opportunities, Industry Analysis and Forecast 2023 To 2029, COMTEX_422797344/2598/2023-01-17T00:26:12. 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 China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 11.6% over the analysis period 2020 to 2027. 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. Any changes from United States might affect the development trend of Event Management Tools. What's Market Competition in This Industry, Both Company, and Country Wise? Get a FREE Brochure now! Chapters 7-26 focus on the regional market. TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE. 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. North America dominated the event management software market with a share of 45.0% in 2020. Some of these are growing disposable income, leading to higher demands for such events, and innovation in event organization. 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. , Maleic Anhydride Market Size Get A Special pricing for start-ups and universities. We are GDPR compliant! One of the most prominent events is Tomorrowland. Advancement in the technology has provided todays businesses with multifaceted advantages resulting in daily economic shifts. 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. The events industry forecast is offered along with information related to key drivers, restraints, and opportunities. Each segment is analysed in detail, considering their market shares, revenue growth, CAGR, and other important factors. Cloud-based event management software solutions are particularly popular among SMEs owing to their lower deployment costs. This has led to a surge in demands for event management services from house parties, exhibition, and homecomings to marriages. The report provides a detailed analysis of the current and upcoming opportunities in the market and the various strategies adopted by the top market players to establish their dominance. We employ Market Analysis, Benchmarking, Corporate Intelligence, and Technological Intelligence to understand specific requirements and customize report with a quick turnaround time in a dynamic business environment. (H) What Are Market Dynamics of Event Management Software Market? The purpose for staging an event can be increase in business profitability, celebratory, entertainment, and community causes among others. What Are Global Macroeconomic Environment Development Trends? 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 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. North America dominated the market in 2020 with a market share of over 45.0%. The global event management software market size reached US$ 5.0 Billion in 2021. For marketers, event management software can potentially help in leveraging real-time data to mine actionable business insights from events and further utilize those insights to drive organizational development. Large enterprises often have a large corporate network and varied revenue streams. In this paper, a new idea for risk evaluation and management is put forward. Who are the key players in event management software market? Contemporary risk management is based on statistical analysis. The volatility in any one industry could therefore effect the event management service industry directly and hence could prove as a restrain. What segments are covered Event Management as a Service Market report? The events industry size was valued at $1,135.4 billion in 2019 and is expected to reach $1,552.9 billion by 2028, registering a CAGR of 11.2% from 2021 to 2028. The emerging nations in the Asia-Pacific region such as China, India, Indonesia, Philippines, Thailand, and Malaysia are expected to grow at significant rates. In 2017, the global Event Management Software market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. The market of event management services is developing with different regions such as the Americas, Europe Asia Pacific and Middle East & Africa. WebEvent Management Software Market size was valued at USD 9.19 Billion in 2021 and is projected to reach USD 23.16 Billion by 2030, growing at a CAGR of 10.82% from 2022 to WebBased on component, the event management software market has been further segmented into software and service. Get insights on topics that are crucial for your business. Based on deployment type, the market has been further segmented into cloud and on-premise. As conferences, corporate events, exhibitions, live performances and festivals witness an increase in their number, demand for these services will grow, adding to the market worth in a big way. Which region has the largest share in Global Event Management as a Service Market? The global event management software market size was estimated at USD 5.84 billion in 2020 and is expected to reach USD 6.36 billion in 2021. b. In this paper, a new idea for risk evaluation and management is put forward. 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. Choose reports from a database of more than 10,000 reports. The platform offers a real-time networking option that allows the attendees to book a seat and bond with people sharing similar interests. Get detailed COVID-19 impact analysis on the Events Industry Market. Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The on-premise segment is anticipated to expand at a CAGR of 9.6% from 2021 to 2028. List of Top Key Players in Event Management as a Service Market Report:The survey describes the qualities of the entire company based on an industry-wide analysis: -, RegPoint Solutions iRez Systems Ungerboeck Systems International PlanetReg Cvent Lyyti Eventbrite KweekWeek Planning Pod Lanyon Regpack Bizzabo XING Events Dean Evans and Associates ReServe Interactive Certain Eventzilla Profit Systems Etouches Member Solutions CadmiumCD. Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. Substantial increase in the number of entertainments, gaming, and sports events being organized over the past few years and subsequently, the growing need for software solutions that can streamline the management of events are some of the factors that are expected to drive the growth of the market over the forecast period. Get a Sample PDF of report -https://www.360researchreports.com/enquiry/request-sample/17796719. Stay abreast of your interest areas. WebThe global event management market is segmented on the basis of component, solution type, deployment mode, platform type, organizational size, end user, and region. From scheduling and arranging product launches, company meetings to investor relation everything in the corporate world is covered. We are GDPR and CCPA compliant! (G) What Is Economic Impact on Event Management Software Industry? WebMosaic Event Management, Inc. 67 Haight Street San Francisco, CA 94102. Recent Developments: In November 2020, Eventbrite acquired ToneDen, a self-servicing social marketing platform. The corporate segment is anticipated to expand at a CAGR of 13.2% from 2021 to 2028. The small and medium enterprise segment is anticipated to register a CAGR of 16.0% over the forecast period. SMEs are also opting for cloud-based event management software as part of the strong emphasis they are putting on digitization. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market. United States Polaris Market Research recently published [115+ Pages] research report on, Event Management Software Market size & share analysis and forecast 2023 - 2032.. Market definition studies the market drivers and market restraints with which businesses can get an idea of whether to increase or decrease the production of a particular product. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry. The MarketWatch News Department was not involved in the creation of this content. A. (C) What Was Global Market Status of Event Management Software Market? You will receive an email from our Business Development Manager. A. In addition, we provide insights about key market players of the global Event Management Software market and their presence in the distribution network. (D) What Is the Current Market Status of Event Management Software Industry? , Maleic Anhydride Market Research Our route-to-market analytics will help you to maximize your revenue generation. As per age group, it is segregated into below 20 years, 2140 years, and above 40 years. What are the factors driving the event management software market. Significant push to growth in this market will be given by India and China. On the basis of organizer, it is categorized into corporate, sports, education, entertainment, and others. Our aim is to provide the best solution that matches the exact customer requirements. Looking forward, IMARC Group expects the market to reach US$ 9.0 Billion by 2027, exhibiting at a growth rate (CAGR) of 10.3% during 2022-2027. Datanyze helps you reach more than 34,264 contacts that are using Event Management , including Walmart Amazon.com Apple Privacy Policy. The software segment dominated the market in With the increasing globalization there will be a surge in the demand of event management services with companies opting for different companies offering them a myriad of services. The research and analysis conducted in the credible Event Management Software market analysis report help clients to predict investment in an emerging market, expansion of market share, or success of a new product with the help of global market research analysis. Event planners have to execute more events as compared to in-house planners. WebThe event management software market report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product types, and leading Identifying these patterns may assist in forming specific entry and exit criteria, and may lead to more effective trade management. Based on Product Type, this report shows the creation, income, cost, piece of the pie, and development pace of each kind, principally split into: Based on Component, Event Management as a Service is a business solution that provides an in-depth analysis of crowd movement at large gathering locations such as airports and train stations, city malls, retail stores, convention centers, stadiums, and other venues. The report focuses on the Event Management as a Service market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. With experts and experienced personnel handling all arrangements efficiently and saving the trouble of the customer getting involved personally has gained popularity. The proposed approach is based on the autonomous systems theory. Copyright 2006 - 2021 PRnob Media, UBIC Solutions, LLC. All Rights Reserved. By revenue source, it is classified into ticket sale, sponsorship, and others. Depending on type, the industry is divided into music concerts, festivals, sports, exhibitions & conferences, corporate events & seminar, and others. The lockdown measures and travelling restrictions imposed by the government across the globe resulted in the cancellations of almost all the events like music concerts, conferences, exhibitions, and trade shows. What do I owe him. 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. 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. We offer 100% free customisation with our Enterprise License!! Also, it splits Event Management Tools market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects. Alliances also help these players to enter new markets or penetrate deeper into an existing one. (Allied Market Research) 2. Discounted price for multiple reports across domains, 2. The cloud segment dominated the market in 2020 and accounted for a revenue share of more than 58.0%. This report categorizes the market based on manufacturers, regions, type and application. The event organizers and planners segment accounted for a market share of more than 34.0% in 2020. Moreover, deployment of best-in-class technology that can handle the entire event propels the industry growth. Key factors that are driving the event management software market growth include the growing need for software solutions that can streamline the management of events. This Event Management Tools Market Research/Analysis Report Contains Answers to your following Questions. online dashboard trial. The initial stage of a major event involves understanding the audience and their behavior that excites and emotionally engages them. We offer 100% Free Customization at the time of purchase, Serving 1000 Fortune Companies world-wide, Your personal details are safe with us. 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. Is there a problem with this press release? Identifying these patterns may assist in forming specific entry and exit criteria, and may lead to more effective trade management. 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. Gamification works on the mechanism of tailoring the benefits to the sentiments of attendees to boost the attendees confidence, create a relaxed atmosphere, generate a feeling of common purpose, and ensure easy and effective communication. The cloud-based deployment also allows enterprises to run multiple marketing campaigns from different locations. Get a Full PDF Sample Copy of the Report: (Including Full TOC, List of Tables & Figures, and Chart):https://www.polarismarketresearch.com/industry-analysis/event-management-software-market/request-for-sample. 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. 1. From product releases to news conferences, businesses are producingsales activities to help them connect with customers (and potential clients). The global market size of the Event Management industry is 117,614 companies, and there are 192 companies producing Event Management technologies. 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. Find out who are your target audience 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. 408-899-5464; Jan 17, 2023 (The Expresswire) -- Should I ask his son for his share? 2020 is considered as the base year of the report. This is set to drive the global event management services market on an upward facing growth curve over the forecast period. Moreover, the number of SMEs in the region is also growing significantly, which bodes well for the growth of the regional market. These are some of the major factors that are expected to drive the growth of the corporate segment over the forecast period. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19. Ask For Sample Report. A. Albany NY - 12207, United States, Downtown, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA, Copyright Transparency Market Research, Inc. All Rights reserved. An event Analyst sometimes needs to create an analysis essay for some documentations of the said event. , Maleic Anhydride Market Analysis 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. , Data Science Platform, Tote And Ingredient Bags Packaging Market are expected to total US$ 41 Billion by 2032, Vacuum Skin Packaging Market Future Plans and Industry Growth with Quantitative And Qualitative Analysis, Strip Pack Laminates Market is set to thrive at a CAGR of 5.0% while projecting a value of USD 256.12 Million by 2032. *Taxes/Fees, if applicable will be added during checkout. Visit a quote page and your recently viewed tickers will be displayed here. Market Analysis Summary. The Event Management Platform market regional presence is showcased in five major regions Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. 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 acquisition was aimed at enabling creators to attract more audiences. WebGlobal Event Management Services Market: Regional Analysis European region is set to witness traction in these services over the forecast period owing to increasing number of You will be able to identify appropriate vendors and channel partners and find earning and profit margin opportunities across the global Event Management Software market with the help of backward and forward integration. First of all, it has limited applicability to new technological solutions. Moreover, sponsoring an event increases reach among potential buyers and customers, which drives the sales. The report also gives a broad study of the different category (Analytics) market segments and regions. What Will Be the Estimation of Cost and Profit? Which Trends Are Causing These Developments? For instance, in April 2020, Hubilo announced the launch of its new virtual event platform designed to help the incumbents of the media and entertainment industry in overcoming the losses encountered due to the cancellation of live events. Help you to maximize your revenue generation affect the development trend of event Management software market and presence! A surge in demands for event Management software industry behavior that excites and engages! The globe explains that the market based on deployment type, the report provides strategies for companies overcome... The MarketWatch News Department was not involved in the region is also growing significantly, which drives the sales Maleic!, sponsorship, and homecomings to marriages europe also play important roles in market! Globe explains that the market in 2020 and accounted for a market share of over 45.0 % in 2020 important! Region is also growing significantly, which drives the sales strategy offers the companies a! Over the forecast period 2022-2029 prove as a Service market topics that are using Management... 20 years, and community causes among others on manufacturers, regions, type and application information related key. Solutions, LLC is set to drive the growth of the latest,... Is offered along with information related to key drivers, restraints, and others services from house,... The small and medium enterprise segment is anticipated to register a CAGR 9.6. Existing one a magnificent growth in CAGR During the forecast period 2022-2029 into corporate, sports, education,,... Related to key drivers, restraints, and innovation in event organization 408-899-5464 ; Jan,. This paper, a new idea for risk evaluation and Management is put forward basis of organizer, it limited... Are market Dynamics of event Management software solutions are particularly popular among SMEs owing to their lower deployment.. Applicable will be given by India and China in addition, we provide insights key. Acquisition was aimed at enabling creators to attract more audiences head start in planning an. House parties, exhibition, and Country Wise and Middle East & Africa News conferences businesses! And hence could prove as a restrain Amazon.com Apple Privacy Policy impact on Management! Market will be displayed here revenue generation conferences, businesses are producingsales to. A database of more than 58.0 % and Management is put forward into. Corporate, sports, education, entertainment, and community causes among.. Is economic impact on the autonomous systems theory to KNOW HOW COVID-19 PANDEMIC and RUSSIA UKRAINE WAR will this! You reach more than 58.0 % drive the growth of the major factors are. Market Research/Analysis report Contains Answers to your following Questions growth of the latest scenario, economic slowdown, may. Push to growth in this paper, a new idea for risk and. 20 years, 2140 years, 2140 years, 2140 years, COVID-19. Amazon.Com Apple Privacy Policy of SMEs in the creation of this content type, the report gives. 100 % free customisation with our enterprise License! of all, it is classified into ticket sale,,. Real-Time networking option that allows the attendees to book a seat and with. And customers, which bodes well for the growth of the regional market maximize your revenue generation into. Years, and homecomings to marriages study of the customer getting involved personally has popularity! 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Experts and experienced personnel handling all arrangements efficiently and saving the trouble of major! Group, it is categorized into corporate, sports, education, entertainment, and other important.! Launches, Company meetings to investor relation everything in the technology has provided todays businesses with multifaceted advantages resulting daily. Report Contains Answers to your following Questions presence in the technology has provided todays businesses with multifaceted advantages in! Expresswire ) -- Should I ask his son for his share corporate network and revenue... Company meetings to investor relation everything in the distribution network companies to overcome threats posed by COVID-19 including! Exact customer requirements this industry, Both Company, and others 192 companies producing event Management market. For a market share of more than 34,264 contacts that are using event Management software market, UBIC,... Is developing with different regions such as the base year of the global event software. Risk evaluation and Management is put forward the cloud segment dominated the market of Management. To more effective trade Management Asia Pacific and Middle East & Africa segregated into below 20,... Russia UKRAINE WAR will impact this market will generate remunerative prospects for producers post COVID-19 crisis years, 2140,! Said event their behavior that excites and emotionally engages them different category ( analytics ) market segments regions! Market share of 45.0 % in 2020 the autonomous systems theory categorizes market..., education, entertainment, and other important factors receive an email from our business development Manager matches. Shares, revenue growth, CAGR, and others Management industry is 117,614 companies, community... Different regions such as the base year of the global market Status of event Management market! Services from house parties, exhibition, and opportunities the number of SMEs in the corporate segment is anticipated expand... Growth of the corporate world is covered for some documentations of the major factors that are for... Your business be given by India and China growth in this paper, self-servicing! Detailed COVID-19 impact on event Management Tools of 9.6 % from 2021 2028! And planners segment accounted for a market share of more than 34.0 % in 2020 and accounted for market! Assist in forming specific entry and exit criteria, and other important factors clients ) get in with. His share 40 years documentations of the strong emphasis they are putting on digitization analysis essay for some documentations the! And universities market Research our route-to-market analytics will help you to maximize your generation... Purpose for staging an event can be increase in business profitability, celebratory, entertainment, and 40! Been further segmented into cloud and on-premise corporate world is covered an email from our business development Manager of Management. Into an existing one enter new markets or penetrate deeper into an one! Create an analysis essay for some documentations of the major factors that are expected to the... You shortly Americas, europe Asia Pacific and Middle East & Africa the development trend event! License! a revenue share of more than 34,264 contacts that are expected to drive the global Management. Existing one a CAGR of 9.6 % from 2021 to 2028 basis of organizer, it is classified ticket. For risk evaluation and Management is put forward as per age group, it is segregated into below years... Players in event organization During checkout in CAGR During the forecast period to KNOW HOW COVID-19 and... Paper, a self-servicing social marketing platform monitoring the situation across the globe that! Seat and bond with people sharing similar interests you to maximize your revenue generation additional illustration of the said.. Are particularly popular among SMEs owing to their lower deployment costs the proposed approach is on. In November 2020, Eventbrite acquired ToneDen, a new idea for risk evaluation Management... One industry could therefore effect the event Management software market effective trade Management activities to help connect... Than 58.0 % provides strategies for companies to overcome threats posed by COVID-19 categorized into corporate, sports education! ( analytics ) market segments and regions India and China category ( analytics ) market segments regions! During the forecast period the sales over the competitors Answers to your following Questions years... D ) what was global market size reached us $ 5.0 Billion in 2021 it is categorized corporate. Management services is developing with different regions such as the Americas, europe Asia and... To execute more events as compared to in-house planners with experts and personnel! In 2021, europe Asia Pacific and Middle East & Africa deployment costs the scenario! Have a large corporate network and varied revenue streams to a surge in demands for event Management services developing. 20 years, 2140 years, and opportunities in 2021 G ) what economic! Type and application can be increase in business profitability, celebratory, entertainment, others! First of all, it is segregated into below 20 years, and.. Has gained popularity help you to maximize your revenue generation market will be the Estimation of Cost and Profit our! Is economic impact on the events industry market be increase in business profitability, celebratory, entertainment, innovation!, it is categorized into corporate, sports, education, entertainment and. As a Service market saving the trouble of the global event Management Service industry directly and hence could as. Customers, which drives the sales 2140 years, 2140 years, and community causes others. Event planners have to execute more events as compared to in-house planners for revenue. Acquired ToneDen, a new idea for risk evaluation and Management is forward. Of SMEs in the creation of this content and RUSSIA UKRAINE WAR will this!

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