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. Hence, large enterprises are always looking forward to adopting new and innovative solutions that can be integrated into their corporate network. The service segment is anticipated to grow at the highest CAGR of 13.4% over the forecast period. The theoretical foundation of the proposed idea is A notable increase in events of varied types is seen across the world. We give unmatched nature of offering to our customers present all around the globe across industry verticals. You can also contact MarketWatch Customer Service via our Customer Center. We use cookies for a better user experience. 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. On-premise software can also be tailored to the clients business processes. The continued digital transformation across various industries and industry verticals is also expected to bode well for the growing adoption of event management software. Albany NY - 12207, United States, Downtown, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA, Copyright Transparency Market Research, Inc. All Rights reserved. The platform offers a real-time networking option that allows the attendees to book a seat and bond with people sharing similar interests. Creativity and new methods are out pouring, contributing to higher revenues in the market over the forecast period. (E) What Are Projections of Global Event Management Software Industry Considering Capacity, Production and Production Value? Please fill out the form below for a free PDF report sample & Event planners have to execute more events as compared to in-house planners. Events are generally held by clients in order to celebrate, communicate, or both. From product releases to news conferences, businesses are producingsales activities to help them connect with customers (and potential clients). 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. Event planners and organizers are using gamification as a tool to engage attendees. What isEvent Management Software? Any changes from United States might affect the development trend of Event Management Tools. WebIf there is a market for your intended event, then do market analysis. Jan 17, 2023 (The Expresswire) -- 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. 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. Event Management Software Market Size Report, 2028. WebDescription Table of Contents Analysis Type Research Methodology Request for Sample Report Summary The global event management software market was valued at USD From product releases to news conferences, businesses are producing sales activities to help them connect with customers (and potential clients). This is set to drive the global event management services market on an upward facing growth curve over the forecast period. Regardless from where you have purchased the report, you can request an updated version of the report from us. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the Event Management as a Service market. As per age group, it is segregated into below 20 years, 2140 years, and above 40 years. 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 The Asia Pacific regional market is anticipated to expand at the highest CAGR of 15.4% from 2021 to 2028. The Event Management as a Service market has witnessed a growth from USD million in 2017 to USD million in 2022. The growing preference for hosting virtual events in the wake of the outbreak of the COVID-19 pandemic is also expected to play a vital role in driving the growth of the event organizers and planners segment over the forecast period. of leading companies in the industry. The global event management software market size reached US$ 5.0 Billion in 2021. 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. Our unfailing, consistent research methodology and tools are authentic and reliable. To Know How Covid-19 Pandemic and Russia Ukraine War Will Impact This Market- REQUEST SAMPLE-:https://www.researchreportsworld.com/enquiry/request-covid19/22016054. Im now clean and sober: My late father left me 25% of his estate, and my wealthy brother 75%. Please be sure to check your SPAM/JUNK folder too. We offer 100% Free Customization at the time of purchase, Serving 1000 Fortune Companies world-wide, Your personal details are safe with us. It involves considering the political, economic, social, technological, legal, and environmental factors that may influence the success of an event. From scheduling and arranging product launches, company meetings to investor relation everything in the corporate world is covered. Based on deployment type, the market has been further segmented into cloud and on-premise. WebEconomic Analysis and Strategic Management Teece, David J. Thank you for requesting a call back, our sales representative will get in touch with you shortly! Events refer to public gathering of populace art at a determined time and place. Also growing construction activities will help this market is growing. By The demand for event management software is anticipated to increase in the post-COVID-19 era as well, as both SMEs and large enterprises gradually migrate their IT infrastructure to cloud networks to enhance business continuity and improve business operations. Complete the form below and we'll get back to you shortly. The theoretical foundation of the proposed idea is 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. 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. 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. Choose reports from a database of more than 10,000 reports. 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. The most popular events include conference & exhibition, corporate events & seminars, promotion & fundraising, music & art performance, sports, festival, trade shows, and product launch. The preference for hosting virtual events is growing among corporates. As they compete to gain stronger foothold, market revenue is expected to shoot up. 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). The comprehensive research study delivers information on current figures, projections, market shares and forecasts for years 2022-2029. Copyright 2023 MarketWatch, Inc. All rights reserved. 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 analysis puts light on various segments that are relied upon to witness the quickest business development amid the estimated forecast frame. 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 Identifying these patterns may assist in forming specific entry and exit criteria, and may lead to more effective trade management. Microsoft will lay off 10,000 workers. The global events industry is expected to grow at a CAGR of 11.2% from 2021 to 2028. In addition, seminars and events involve interaction between speaker and audience, thereby increasing the number of attendees. 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. Contact the source provider Comtex at editorial@comtex.com. We value your investment and offer free customization with every report to fulfil your exact research needs. 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. In the report, the country-level analysis is also provided. We have studied key players of the global Event Management Software market, taking into account their recent developments, geographical market growth, footprint, market expansion, production, and areas served. We are GDPR compliant! 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. 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. Innovative solutions that can be integrated into their corporate network the attendees to book a seat and bond with sharing! Are always looking forward to adopting new and innovative solutions that can be integrated into their corporate.! 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