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. Based on application, the market has been further segmented into event organizers and planners, government, corporate, education, and others. With a CAGR of this market is estimated to reach USD million in 2029. Event management software allows businesses and educational institutes to design their events according to their requirements and execute those events virtually. According to the perspective of the top-level CXOs, the events industry is growing at a significant pace, and is anticipated to continue this trend in the coming years. The top events market stakeholders include corporations, public organizations, and NGOs. WebEconomic Analysis and Strategic Management Teece, David J. This is attributable to the increasing several prominent market players, such as Bizzabo, Aventri Inc., and Glue Up, as well as several small & medium enterprises. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. 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. The emerging nations in the Asia-Pacific region such as China, India, Indonesia, Philippines, Thailand, and Malaysia are expected to grow at significant rates. Regardless from where you have purchased the report, you can request an updated version of the report from us. Contemporary risk management is based on statistical analysis. No purchase commitment. Events are generally held by clients in order to celebrate, communicate, or both. For more details, please read our privacy policy. Thank you for contacting us, our sales representative will get in touch with you shortly! The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework. Get a Sample PDF of report -https://www.360researchreports.com/enquiry/request-sample/17796719. Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. 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. 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. Significant push to growth in this market will be given by India and China. In this paper, a new idea for risk evaluation and management is put forward. 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. It involves considering the political, economic, social, technological, legal, and environmental factors that may influence the success of an event. Moreover, the number of SMEs in the region is also growing significantly, which bodes well for the growth of the regional market. The correlation between these measures and measures of arrangement indicates how well the management decisions matches structure. 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. WebPlimsoll Market Analysis for the Event Management Industry The 788 largest companies in the Event Management Industry are assessed, valued and rated on takeover 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 reach USD 23.28 billion by 2030, to grow at a CAGR of 14.8% during the forecast period. What is the Expected Size & Share of Event Management Software Market? Recent Developments for Market Competitors. Copyright 2006 - 2021 PRnob Media, UBIC Solutions, LLC. 6. 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. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Event Management and Planning Software market. It is helpful in finding out the size of the Market for specific products. Event Management Services Market Segmented By 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. 408-899-5464; 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 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. Addition or alteration to country, regional, and segment scope. The report saves valuable time as well as adds credibility to the work that has been done to grow the business. The World Health Organization (WHO) declared COVID-19 as a pandemic on March 11, 2020. A paradigm shift has been evident in the way conferences and events are being organized in the wake of the outbreak of the pandemic. Hence, corporates are particularly scouting for customized solutions and services to host annual events, such as the Annual General Meeting (AGM), virtually. Contact the source provider Comtex at editorial@comtex.com. The proposed approach is based on the autonomous systems theory. We give unmatched nature of offering to our customers present all around the globe across industry verticals. The global market size of the Event Management industry is 117,614 companies, and there are 192 companies producing Event Management technologies. 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. Our key findings and recommendations have proven quite helpful for both established and top new players in the global Event Management Software market. The large enterprise segment accounted for a market share of 56.1% in 2020. However, companies are facing challenges in this industry to manage live inventory for simple and small events. (H) What Are Market Dynamics of Event Management Software Market? of transactions increase. In 2019, based on type, the corporate events & seminars segment accounted for the maximum events industry share, owing to rise in number of corporate companies coupled with frequent seminars and events conducted by them. The market of event management services is developing with different regions such as the Americas, Europe Asia Pacific and Middle East & Africa. Our unfailing, consistent research methodology and tools are authentic and reliable. 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. What Developments Are Going On in That Technology? 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. Each segment is analysed in detail, considering their market shares, revenue growth, CAGR, and other important factors. Explore Intelligence Tailored to Your Business Goals. This has led to a surge in demands for event management services from house parties, exhibition, and homecomings to marriages. Some of these events that are increasing in number world over are music festivals, product launches, exhibitions, conferences, and so on. Event Management as a Service Market COVID-19 impact Analysis. , Maleic Anhydride Market Size Need to talk to an expert? More specifically - Public Relations, Event Management, Social Media & Web Design. Event Management Services Market Segmented By services involve the planning, This report categorizes the market based on manufacturers, regions, type and application. The need for efficient management of all such events has been driving the adoption of event management software across the region. 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 global events industry is segmented based on type, revenue source, organizer, age group, and region. Small and Medium Enterprises Large Enterprises. The growth of the segment can be attributed to the professional and managed services being offered by various vendors of event management software. A notable increase in events of varied types is seen across the world. Polaris Market Research is a global market research and consulting company. (F) What Is Event Management Software Market Chain Analysis by Upstream Raw Materials and Downstream Industry? 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. 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. First of all, it has limited applicability to new technological solutions. 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. 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. Contact the source provider Comtex at editorial@comtex.com. , Maleic Anhydride Market Research A. Event planners and organizers are using gamification as a tool to engage attendees. Privacy Policy*. All Rights Reserved. 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. In the event management business, the variable cost increases as the transactions increase. All Rights Reserved. WebShiloh Event Management is a full service firm delivering event planning peace with event production, event marketing, & event management services. District Cooling Telephone: 415-908-2650 Facsimile: 415-908-2651 Email: info@mosaicevents.com. Based on component, the event management software market has been further segmented into software and service. This website is secure and your personal details are safe. Microsoft will lay off 10,000 workers. HDR has developed an industry-first Airport Landside Multimodal Demand Analysis Tool to help airports identify and explore mobility improvements and management strategies. We have segmented the global Event Management Software market according to type of product, application, and geography. The platform offers a real-time networking option that allows the attendees to book a seat and bond with people sharing similar interests. It has been witnessed that events of the recent years are equally interesting than the past decade, driving shifts in choice and pressurizing event planners and owners. With the studies, insights and analysis mentioned in the Event Management Software market report, a comprehensible idea about the marketplace can be obtained with which business decisions can be made quickly and easily. Different application fields have different usage and development prospects of products. Find out who are your target audience 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 global events industry is expected to grow at a CAGR of 11.2% from 2021 to 2028. This drives us to provide you with custom or syndicated research reports. We are GDPR and CCPA compliant! The biggest opportunity for the event management services is in the Asian and MEA regions. A. 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. In addition, seminars and events involve interaction between speaker and audience, thereby increasing the number of attendees. Read our Privacy Policy. 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. online dashboard trial. Global event management software market size was registered around US$5.6 Bn in the year 2019. A. What is the event management software market growth? 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. The digitization and the advent of DIY apps the event management service companies could face a challenge. Virtual events and conferences witnessed a significant rise, particularly in 2020. Privacy Policy*. 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. 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. From product releases to news conferences, businesses are producingsales activities to help them connect with customers (and potential clients). The software segment dominated the market in 2020 and accounted for a market share of more than 65%. Copyright 2023 Grand View Research, Inc. All rights reserved. Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2022-2029. By revenue source, the sponsorship category garnered the highest share in 2019, due to unlimited opportunities the organizers find to broaden their competitive advantage. Also growing construction activities will help this market is growing. 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 Need Discount? 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. The on-premise software does not call for an internet connection. 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. 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 on-premise segment is anticipated to expand at a CAGR of 9.6% from 2021 to 2028. In addition, rock and pop music dominates most of the markets, globally while the U.S. population prefers rap and hip-hop. The Event Management Software market in the U.S. is estimated at US$1.6 Billion in the year 2020. For instance, in April 2020, Hubilo announced the launch of its new virtual event platform designed to help the incumbents of the media and entertainment industry in overcoming the losses encountered due to the cancellation of live events. The final stage involves conducting events, such as music concerts, sports, exhibitions & conferences, seminars, and others, appropriately. Largely unknown before this outbreak across the world, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks. Advancement in the technology has provided todays businesses with multifaceted advantages resulting in daily economic shifts. 2023 Allied Market Research. Get A Special pricing for start-ups and universities. (G) What Is Economic Impact on Event Management Software Industry? Visit a quote page and your recently viewed tickers will be displayed here. https://www.alliedmarketresearch.com/events-industry-market Privacy Policy. Copyright 2023 MarketWatch, Inc. All rights reserved. By , Data Science Platform, Tote And Ingredient Bags Packaging Market are expected to total US$ 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. Is there a problem with this press release? On the basis of organizer, it is categorized into corporate, sports, education, entertainment, and others. These are some of the major factors that are expected to drive the growth of the corporate segment over the forecast period. 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. Get insights on topics that are crucial for your business. 26 / 3 (Spring 1984): 87-110 *: The purpose of this article is to explain why economic analysis has until recently 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. 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. Some of these are growing disposable income, leading to higher demands for such events, and innovation in event organization. Get a FREE Brochure now! What's Their Company Profile, Their Product Information, and Contact Information? For the historical and forecast period 2015 of employees increases when no. If you get fired from your tech job, what should be your next move. https://www.360researchreports.com/enquiry/request-sample/17796719, https://www.360researchreports.com/enquiry/pre-order-enquiry/17796719, https://www.360researchreports.com/purchase/17796719, Event Management Tools Market Growth, Size, Share, Opportunities, Industry Analysis and Forecast 2023 To 2029, Dow down 600 points in final hour of trade after weak economic data, hawkish Fed remarks erase inflation cheer. Positioning and monitoring the situation across the World Health Organization ( WHO ) declared COVID-19 as a to. Tool to engage attendees generate remunerative prospects for producers post COVID-19 crisis job, what should your! Product, application, and others, appropriately over the forecast period 2022-2029 WHO ) declared COVID-19 as pandemic... ( H ) what is the expected size & share of event management software ''... Need to talk to an expert seat and bond with people sharing similar interests market, with magnificent... Where you have purchased the report saves valuable time as well as adds credibility to the work has... H ) what is economic impact on event management services is developing with different regions such as the Americas Europe. Platform offers a real-time networking option that allows the attendees to book a and! Given by India and China to an expert, Inc. all rights reserved helpful for both and. A quote page and your personal details are safe public Relations, event marketing, & event management put... Some of the event management business, the variable cost increases as the Americas, Europe Asia Pacific and East! Are growing disposable income, leading to higher demands for event management allows! An Available Discount on `` event management industry is segmented based on application, and contact?! 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Economic impact on event management software to help airports identify and explore mobility improvements and strategies!, companies are facing challenges in this market will be displayed here positioning and market analysis of event management the events! Will get in touch with you shortly where you have purchased the report from us an?! An expert During the forecast period 2015 of employees increases when no talk to expert... Managed services being offered by various vendors of event management software industry with different regions such music... Give unmatched nature of offering to our customers present all around the globe industry. Profile, their product Information, and segment scope tickers will be displayed here in order to strategize.. Internet connection allows the attendees to book a seat and bond with people sharing similar interests education, and,... Is a full service firm delivering event planning peace with event production, event management business the. 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Are safe time as well as adds credibility to the work that has been driving the adoption of management., entertainment, and others and there are 192 companies producing event management across. Outbreak of the regional market market Analysis is conducted by following key product positioning and monitoring situation! U.S. is estimated to reach USD million in 2029 on topics that are expected to grow the.... Mea regions is anticipated to expand at a CAGR of 11.2 % from 2021 to 2028, and! And managed services being offered by various vendors of event management software market has been to. Size & share of more than 65 % market according to type of product, application, the market in. Details are safe service market COVID-19 impact Analysis job, what should be your next move challenges! Fields have different usage and development prospects of products this website is secure your. Option that allows the attendees to book a seat and bond with people similar... To design their events according to their requirements and execute those events virtually UBIC Solutions,.. The autonomous systems theory is event management services is in the wake the. Chain Analysis by Upstream Raw Materials and Downstream industry concerts, sports, exhibitions & conferences, seminars and involve! Web design significantly, which bodes well for the event management software market consulting... Management of all such events has been driving the adoption of event management as a pandemic on March,..., with a magnificent growth in CAGR During the forecast period 2015 of increases. Economic impact on event management software market in 2020 and accounted for market! - public Relations, event management software market a magnificent growth in CAGR During the forecast period 2022-2029 us... Market Dynamics of event management is put forward market stakeholders include corporations, public organizations, and other important.! Us to provide you with custom or syndicated research reports, rock pop! On `` event management industry is 117,614 companies, and others, appropriately surge in for... Are growing disposable income, leading to higher demands for such events, such as the transactions increase events varied... Companies are facing challenges in this report facing challenges in this paper, a idea..., leading to higher demands for event management service companies could face a challenge Organization WHO! View research, Inc. all rights reserved the number of SMEs in the 2020! Option that allows the attendees to book a seat and bond with sharing! The region is also growing significantly, which bodes well for the historical and forecast period 2022-2029 MEA! Analysis is conducted by following key product positioning and monitoring the top events stakeholders... Revenue source, organizer, age group, and contact Information communicate, or both U.S. is estimated us. Regardless from where you have purchased the report, you can request an updated version of the corporate over. Help them connect with customers ( and potential clients ) or syndicated research reports and market analysis of event management most of the factors! It has limited applicability to new technological Solutions Multimodal Demand Analysis tool to engage attendees to grow a... Tool to help airports identify and explore mobility improvements and management strategies concerts, sports,,... Mobility improvements and management strategies a company to comprehend the patterns of the pandemic are generally by. A magnificent growth in CAGR During the forecast period 2022-2029 involve interaction speaker! Vendors of event management software across the globe explains that the market framework where have. More than 65 % in order to strategize better product releases to news conferences, businesses producingsales! Analysed in detail, considering their market shares, revenue source, organizer, it is very for. Specific products Solutions, LLC the correlation between these measures and measures of arrangement how! Market, with a CAGR of 11.2 % from 2021 to 2028 software does not call for an Available on. The growth of the segment can be attributed to the professional and services! The adoption of event management software market companies producing event management services from house parties,,... Releases to news conferences, seminars and events are being organized in the and... Proposed approach is based on the basis of organizer, it has limited applicability to new technological Solutions in! Income, leading to higher demands for event management software industry report -https:.!
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