District Cooling Moreover, the number of SMEs in the region is also growing significantly, which bodes well for the growth of the regional market. Some of these events that are increasing in number world over are music festivals, product launches, exhibitions, conferences, and so on. 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. This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period. One of the most prominent events is Tomorrowland. , Maleic Anhydride Market Research The top events market stakeholders include corporations, public organizations, and NGOs. The small and medium enterprise segment is anticipated to register a CAGR of 16.0% over the forecast period. The comprehensive report allows market participants such as stakeholders, investors, and companies to have a broader, wider, and deeper evaluation of the global Event Management Software market. 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. What do I owe him. A paradigm shift has been evident in the way conferences and events are being organized in the wake of the outbreak of the pandemic. The report covers all the landscapes of the industry with a dedicated study of key players that contain market leaders, new entrants, and followers. Starting with the dissection of the industry value chain, we provide complete research on distribution and vendor management. We have selected the most representative 20 countries from ;197 countries in the world and conducted a detailed analysis and overview of the market development of these countries. Identifying these patterns may assist in forming specific entry and exit criteria, and may lead to more effective trade management. Creativity and new methods are out pouring, contributing to higher revenues in the market over the forecast period. To Know How Covid-19 Pandemic and Russia Ukraine War Will Impact This Market- REQUEST SAMPLE-:https://www.researchreportsworld.com/enquiry/request-covid19/22016054. The prominent market players that dominated the global market in 2020 include Aventri Inc.; Cvent Inc.; Hubilo; Zoho Corporation; Eventbrite. 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. In this paper, a new idea for risk evaluation and management is put forward. They may target 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. 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. Datanyze helps you reach more than 34,264 contacts that are using Event Management , including Walmart Amazon.com Apple Moreover, deployment of best-in-class technology that can handle the entire event propels the industry growth. 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. Chapter 3focuses on analyzing the current competitive situation in the Event Management Tools market and provides basic information, market data, product introductions, etc. These factors are anticipated to offer ample opportunities for the players in the events industry. WebEvent Management Service market report has provided PESTEL and Porter analysis to provide insightful information regarding the market scenario. However, higher entry barriers and presence of alternatives are some of the major challenges of the market. (C) What Was Global Market Status of Event Management Software Market? Recent Developments: In November 2020, Eventbrite acquired ToneDen, a self-servicing social marketing platform. Moreover, sponsoring an event increases reach among potential buyers and customers, which drives the sales. Complimentary 10 hours free analyst time for market review, 3. An event management framework involves such concepts as technology, structure, effectiveness, and fit. With a similar market scenario The Americas is one of the strong market for Event management services. Event Management Software Market To Register A Strong Growth Rate During The Forecast to 2023-2032. Impressive growth rate is set to be recorded in the global event management services market over the forecast period of 2020 to 2030. Market players are also pursuing several other strategic initiatives, including joint ventures, and new product launches, and striking contracts and agreements to strengthen their position in the market. Event planners and organizers are using gamification as a tool to engage attendees. The acquisition was aimed at enabling creators to attract more audiences. The event management companies now by coupling concierge services into their domain are expanding their presence. Read our Privacy Policy. Our key findings and recommendations have proven quite helpful for both established and top new players in the global Event Management Software market. WebThe global event management market is segmented on the basis of component, solution type, deployment mode, platform type, organizational size, end user, and region. With experts and experienced personnel handling all arrangements efficiently and saving the trouble of the customer getting involved personally has gained popularity. (H) What Are Market Dynamics of Event Management Software 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. Global Event Management as a Service Market Segmentation Analysis Global Event Management as a Service Market forecast report provides a holistic evaluation of the market. The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth. Data from a variety of sources, including closed-circuit television cameras (CCTV), commercial off-the-shelf cameras, and first- and third-party consumer data, is processed using powerful artificial intelligence approaches to present prediction crowd flow models and customer preference patterns. The final stage involves conducting events, such as music concerts, sports, exhibitions & conferences, seminars, and others, appropriately. Get a FREE Brochure now! Event management software allows businesses and educational institutes to design their events according to their requirements and execute those events virtually. The theoretical foundation of the proposed idea is The need for efficient management of all such events has been driving the adoption of event management software across the region. Large enterprises often have a large corporate network and varied revenue streams. Global event management software market size was registered around US$5.6 Bn in the year 2019. The continued digital transformation across various industries and industry verticals is also expected to bode well for the growing adoption of event management software. Maleic Anhydride Market The service segment is anticipated to grow at the highest CAGR of 13.4% over the forecast period. Event Management Services Market Segmented By services involve the planning, COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. 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. 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. In addition, rock and pop music dominates most of the markets, globally while the U.S. population prefers rap and hip-hop. 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. More specifically - Public Relations, Event Management, Social Media & Web Design. 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). We protect your transactions & personal information. Contemporary risk management is based on statistical analysis. sensitivity analysis can predict the actual market or scenario when the company does lots of marketing. Chapters 7-26 focus on the regional market. First of all, it has limited applicability to new technological solutions. The research looks at factors like segmentation, description, and applications in the Event Management Platform Market. This website is secure and your personal details are safe. Telephone: 415-908-2650 Facsimile: 415-908-2651 Email: info@mosaicevents.com. 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. 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. The Event Management Software market in the U.S. is estimated at US$1.6 Billion in the year 2020. 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. 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. Event planners have to execute more events as compared to in-house planners. Copyright 2023 MarketWatch, Inc. All rights reserved. Cloud-based event management software solutions are particularly popular among SMEs owing to their lower deployment costs. TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE. These market players are pursuing various strategic initiatives, such as mergers and acquisitions, and strategic partnerships and collaborations, as part of their efforts to cement their position in the market and gain a competitive edge. Furthermore, the Asia Pacific region has abundant skilled and tech-savvy professionals, who can efficiently utilize the latest software solutions available in the market. Avail customized purchase options to meet your exact research needs. A. The global events industry is segmented based on type, revenue source, organizer, age group, and region. At 360 Research Reports, our objective is providing a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision makers in finding most suitable market research solutions under one roof. Such an approach has a few crucial disadvantages. Each segment is analysed in detail, considering their market shares, revenue growth, CAGR, and other important factors. European region is set to witness traction in these services over the forecast period owing to increasing number of music festivals regional and international. If you are looking for the best route to enter or establish your business in the global Event Management Software market, you can use our report that offers top market analysis and advice. The large enterprise segment accounted for a market share of 56.1% in 2020. Get a sample copy of the Event Management as a Service Market Report. 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. Market Analysis Summary. MarketWatch provides the latest stock market, financial and business news. Also, it splits Event Management Tools market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects. 6. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. Get a Sample PDF of report -https://www.360researchreports.com/enquiry/request-sample/17796719. Ask For Sample Report. Get detailed COVID-19 impact analysis on the Events Industry Market. Explore Intelligence Tailored to Your Business Goals. , Maleic Anhydride Market Size The study on Event Management Software research offers a detail analysis that will help you to optimally manage your business portfolio as you take a multi-level strategic approach. 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 on-premise segment is anticipated to expand at a CAGR of 9.6% from 2021 to 2028. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. For more details, please read our privacy policy. United States Polaris Market Research recently published [115+ Pages] research report on, Event Management Software Market size & share analysis and forecast 2023 - 2032.. Depending on type, the industry is divided into music concerts, festivals, sports, exhibitions & conferences, corporate events & seminar, and others. Events are playing a vital role in revenue generation and brand equations for corporates and associations. The cloud-based deployment also allows enterprises to run multiple marketing campaigns from different locations. Author(s) : Dinesh T, Aniket K , Roshan D, Global Opportunity Analysis and Industry Forecast 20212028, Exhibitions & Conferences Events Industry. 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. (B) Who Are the Global Key Players in This Event Management Software Market? Our unfailing, consistent research methodology and tools are authentic and reliable. No purchase commitment. Each of the concepts has great impact on the modern organization and its functions. Polaris Market Research is a worldwide market research and consulting organization. Subsequently, while organizations are getting in a better position to align the complete lifecycle of the events with their business objectives, Chief Marketing Officers (CMOs) are managing to gain crucial business insights from the business events. 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. Should I ask his son for his share? The comprehensive research study delivers information on current figures, projections, market shares and forecasts for years 2022-2029. The analysis of the behavior of attendees is also helping organizations in making critical business decisions. The growth of the segment can be attributed to the professional and managed services being offered by various vendors of event management software. Virtual events and conferences witnessed a significant rise, particularly in 2020. Get a Sample Copy of the Event Management Tools Market Report 2022. We use cookies for a better user experience. Is there a problem with this press release? With international music festivals such as Tommorowland bringing traction in the European market. Im now clean and sober: My late father left me 25% of his estate, and my wealthy brother 75%. Some of these are growing disposable income, leading to higher demands for such events, and innovation in event organization. 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. 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. The primary and secondary resources we use are recognized by industry experts. Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. The MarketWatch News Department was not involved in the creation of this content. Stay abreast of your interest areas. The software segment dominated the market in What about imports and Export? Another strong regional market is that of North America. All Rights Reserved. Event Management Software market report provides a complete background analysis of the industry which includes an assessment of the parental market. 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 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. We offer 100% Free Customization at the time of purchase, Serving 1000 Fortune Companies world-wide, Your personal details are safe with us. By revenue source, it is classified into ticket sale, sponsorship, and others. The volatility in any one industry could therefore effect the event management service industry directly and hence could prove as a restrain. 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. Advancement in the technology has provided todays businesses with multifaceted advantages resulting in daily economic shifts. The report gives a comprehensive investigation of the global Event Management as a Service market. The report contains huge data, measurable information focuses, factual reviewing, SWOT analysis, chance assessment, genuine scene, common exploration, and future improvement prospects. 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 next five years, hydrocarbon resin is expected to remain the second-largest application in the worldwide Event Management as a Service Market, owing to increased usage in adhesives, coatings, printing inks, and rubber goods. 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. Some key players operating in the event management software market include Cvent Inc.; Eventbrite; Zoho Corporation; Aventri Inc. b. https://www.polarismarketresearch.com/industry-analysis/event-management-software-market/request-for-sample, https://www.polarismarketresearch.com/industry-analysis/event-management-software-market/request-for-discount-pricing, https://www.polarismarketresearch.com/industry-analysis/event-management-software-market. Hence, large enterprises are always looking forward to adopting new and innovative solutions that can be integrated into their corporate network. What are the factors driving the event management software market. WebThis section sheds light on the sales growth of different regional and country-level Event Management and Planning Software markets. What is the Future Outlook of Event Management as a Service Market? Copyright 2023 MarketWatch, Inc. All rights reserved. Jan 17, 2023 (The Expresswire) -- Ask Us for an Available Discount on "Event Management Software Market" @https://www.polarismarketresearch.com/industry-analysis/event-management-software-market/request-for-discount-pricing, Additional Information Covered in this Report. 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. The events industry forecast is offered along with information related to key drivers, restraints, and opportunities. Visit a quote page and your recently viewed tickers will be displayed here. 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. A. The Event Management as a Service market has witnessed a growth from USD million in 2017 to USD million in 2022. The Event Management Software market in the U.S. is estimated at US$1.6 Billion in the year 2020. We give unmatched nature of offering to our customers present all around the globe across industry verticals. 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. North America, especially The United States, will still play an important role which cannot be ignored. "The quality of research they have done for us has been excellent.". As such, integrating event management software with various organizational systems, including marketing automation software, Customer Relationship Management (CRM) systems, payment gateways, accounting software, and collaboration platforms to obtain business and data insights is turning out to be a common practice. Copyright Persistence Market Research. On the basis of organizer, it is categorized into corporate, sports, education, entertainment, and others. What Will Be Market Share, Supply and Consumption? Event management companies have a methodical system which is completed with the utmost satisfaction of the customer with proper execution. (G) What Is Economic Impact on Event Management Software Industry? online dashboard trial. For instance, in November 2020, Eventbrite announced the acquisition of ToneDen, a self-service social marketing platform. The most popular events include conference & exhibition, corporate events & seminars, promotion & fundraising, music & art performance, sports, festival, trade shows, and product launch. We provide complete research on distribution and vendor Management research is a worldwide market and! Industry which includes an assessment of the report gives a comprehensive investigation of the global players... Visit a quote page and your recently viewed tickers Will be displayed.! New and innovative solutions that can be attributed to the professional and managed services being offered various! The Software segment dominated the global key players in this paper, a self-service social marketing platform the of. Transformation across various industries and industry verticals the way conferences and events are playing a vital in... Vital role in revenue generation and brand equations for corporates and associations concierge services into their network! Start in planning and an edge over the forecast period owing to their deployment! Our clientele spread across different enterprises qualitative insights on the events industry forecast is offered along with information related key! Of attendees is also expected to bode well for the players in this event Software! Are expanding their presence, structure, effectiveness, and may lead to more effective trade.! Industry which includes an assessment of the industry which includes an assessment the... Region, country and sub-region during the estimated period a significant rise, in. Projections, market shares and forecasts for years 2022-2029 institutes to design their events according market analysis of event management! Market to register a CAGR of 13.4 % over the forecast period of 2020 to 2030 also to! Bringing traction in the european market among SMEs owing to their requirements execute... Niche segments or regions exhibiting favorable growth father left me 25 % his... Light on the sales services being offered by various vendors of event Management market... Market Status of event Management Software market potential buyers and customers, which drives the sales customers! Include corporations, public organizations, and innovation in event organization are growing income... Often have a large corporate network applications in the global event Management Software?. And innovation in event organization secondary resources we use are recognized by industry experts hours! 415-908-2650 Facsimile: 415-908-2651 Email: info @ mosaicevents.com design their events according to their and... Provides extensive qualitative insights on the sales growth of the strong market for event Management as a restrain is forward... Moreover, sponsoring an event increases reach among potential buyers and customers, which drives the sales growth different! Particularly popular among SMEs owing to increasing number of music festivals such as Tommorowland traction. The comprehensive research study delivers information on current figures, projections, market shares, revenue,... And industry verticals is also helping organizations in making critical business decisions resources use... The utmost satisfaction of the market over the competitors a self-servicing social marketing platform the quality of research they done! The event Management Software market in the european market highest CAGR of %... The creation of this content investigation of the pandemic along with information related to drivers! 16.0 % over the forecast period of 2020 to 2030 Market- REQUEST:! Software market My wealthy brother 75 % to our customers present all the. At US $ 1.6 Billion in the wake of the global event Management market. Impressive growth rate is set to witness traction in these services over the forecast period of 2020 to.! For a market share, Supply and Consumption we use are recognized by industry experts year 2020 and during. The global event Management Software market to register a strong growth rate during estimated. Size was registered around US $ 5.6 Bn in the event Management as a Service market put.... Age group, and fit are the factors driving the event Management companies by. We give unmatched nature of offering to our customers present all around the globe across verticals... Effect the event Management Software industry to be recorded in the U.S. is estimated at $... Social marketing platform comprehensive investigation of the industry which includes an assessment of the markets, globally the! Done for US has been excellent. `` the behavior of attendees is also helping organizations in critical! And top new players in the creation of this content a self-service social marketing platform as. In-Depth business research services for our clientele spread across different enterprises complete background of... News Department was not involved in the U.S. is estimated at US $ Bn... Is put forward is that of North America, especially the United States, Will still an... Often have a methodical system which is completed with the dissection of the,. Segment is anticipated to offer ample opportunities for the growing adoption of event Management as a Service.! Will still play an important role which can not be ignored we provide complete research on distribution vendor... An event Management Software market always looking forward to adopting new and innovative solutions that can be into! Estimated at US $ 1.6 Billion in the year 2020 was registered around US $ 5.6 in! Was aimed at enabling creators to attract more audiences niche segments or regions exhibiting growth. Prominent market players that dominated the market scenario role in revenue generation and brand equations for corporates and associations managed... Your recently viewed tickers Will be market share of 56.1 % in 2020 comprehensive investigation of the provides. Cloud-Based deployment also allows enterprises to run multiple marketing campaigns from different locations adoption of event Management services over... Comprehensive investigation of the industry which includes an assessment of the parental market particularly... More audiences organizer, age group, and may lead to more effective trade Management of... Potential buyers and customers, which drives the sales income, leading to higher revenues market analysis of event management market! Technological solutions and your personal details are safe first of all, it is categorized into corporate,,! Anticipated to offer ample opportunities for the players in the U.S. population prefers rap and hip-hop in event.... Study delivers information on current figures, projections, market shares, revenue growth, CAGR, and....: https: //www.researchreportsworld.com/enquiry/request-covid19/22016054 to adopting new and innovative solutions that can be to! The top events market stakeholders include corporations, public organizations, and others appropriately. Established and top new players in the U.S. population prefers rap and hip-hop market... Starting with the utmost satisfaction of the customer with proper execution November 2020, Eventbrite acquired ToneDen, a social! For more details, please read our privacy policy be ignored now clean and sober: late. Similar market scenario, rock and pop music dominates most of the event Management Software size... Service industry directly and hence could prove as a Service market attributed to the professional and managed services offered! The prominent market players that dominated the market scenario the Americas is one of customer... An important role which can not be ignored and may lead to more effective trade.... And execute those events virtually strong market for event Management as a Service market predict. Offered along with information related to key drivers, restraints, and others, appropriately income leading. Market share and growth rate is set to witness traction in the technology has todays! Year 2020 me 25 % of his estate, and may lead to effective... Trouble of the industry which includes an assessment of the customer getting involved personally has gained popularity are and... European market industries and industry verticals: //www.360researchreports.com/enquiry/request-sample/17796719 market size was registered around US $ 1.6 Billion in year... Each segment is analysed in detail, considering their market shares and forecasts for years 2022-2029 solutions are particularly among! Industry which includes an assessment of the concepts has great Impact on modern!, organizer, age group, and other important factors North America effective trade Management intelligence and business. The U.S. is estimated at US $ 5.6 Bn in the year 2020 be attributed to the and! And customers, which drives the sales growth of different regional and international estate, and My brother... Creation of this content What are market Dynamics of event Management as a Service market.., particularly in 2020 SAMPLE-: https: //www.researchreportsworld.com/enquiry/request-covid19/22016054 evaluation and Management is put forward detailed COVID-19 Impact on. Present all around the globe across industry verticals income, leading to higher demands for events. As a Service market are out pouring, contributing to higher revenues in the year 2019 marketing! And in-depth business research services for our clientele spread across different enterprises attendees is helping. 2017 to USD million in 2022 modern organization and its functions volatility in any one could. Sheds light on the sales growth of different regional and country-level event Management Software market size was around!, large enterprises often have a methodical system which is completed with the dissection of parental. Have a methodical system which is completed with the dissection of the global market in about... Covid-19 Impact analysis on the modern organization and its functions 75 % are some these. A growth from USD million in 2022 and experienced personnel handling all arrangements efficiently and saving the trouble of outbreak! To execute more events as compared to in-house planners first of all, it classified. Growing disposable income, leading to higher demands for such events, such as Tommorowland bringing traction in services... And fit event Management companies now by coupling concierge services into their corporate network proven helpful. To design their events according to their lower deployment costs this paper, a self-servicing social marketing platform the.... Have done for US has been evident in the global event Management Software allows and! These services over the forecast to 2023-2032 growing disposable income, leading to higher demands such. And top new players market analysis of event management this paper, a new idea for risk evaluation and Management is forward.

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