Get in touch for your next super creative storytelling campaign. WebEconomic Analysis and Strategic Management Teece, David J. First of all, it has limited applicability to new technological solutions. Events refer to public gathering of populace art at a determined time and place. In this paper, a new idea for risk evaluation and management is put forward. What Will Be the Estimation of Cost and Profit? Microsoft will lay off 10,000 workers. Avail customized purchase options to meet your exact research needs. This is driving a number of companies to crop up in the regional landscape. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. 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. Need to talk to an expert? Get a sample copy of the Event Management as a Service Market Report. Rather than the corporate entity throwing the event, the management company handles all the initial preparations, project management, running of the event, and post-event follow-up. 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. Event planners have to execute more events as compared to in-house planners. It is helpful in finding out the size of the Market for specific products. First of all, it has limited applicability to new technological solutions. 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. 6. 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. On the contrary, increase in infrastructural investment and technological upgradation, such as projection mapping that creates an augmented reality of experience created through projectors as well as branded multi-use apps that are used to bool tickets, survey attendees, and polling crowds in real time accelerate the market growth. The event management company deals with the details for the event, including all key aspects of hospitality, social media, marketing, and all employment for the event. Recent Developments for Market Competitors. Contemporary risk management is based on statistical analysis. 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. Event Management Tools Market" Research report provides significant value on the state of the industry. 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. The growth of the segment can be attributed to the professional and managed services being offered by various vendors of event management software. 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. It also provides market WebShiloh Event Management is a full service firm delivering event planning peace with event production, event marketing, & event management services. 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. 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. Your personal details are safe with us. Should I ask his son for his share? More companies and industries are getting involved in such festivals so as to gain maximum benefit. Moreover, sponsoring an event increases reach among potential buyers and customers, which drives the sales. Events that cannot be settled are directed to Incident Management. For example, support staff cost (No. From scheduling and arranging product launches, company meetings to investor relation everything in the corporate world is covered. 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. Event Management Software Market Advantages, Challenges, and Future Projection to 2030 Global event management software market was valued at USD 7.14 billion in 2021 and is expected to reach USD 23.28 billion by 2030, to grow at a CAGR of 14.8% during the forecast period. Furthermore, sports events have become more commercialized in the recent years. 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. *Taxes/Fees, if applicable will be added during checkout. With changing lifestyle and the emphasis on corporate outlook by corporations in the ASEAN regions specially India and China is going provide a significant push to the event management services market. Report further studies the market development status and future Event Management Tools Market trend across the world. Our unfailing, consistent research methodology and tools are authentic and reliable. 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. Therefore, it is neither surprising nor uncommon to witness mergers and acquisitions and partnerships and collaborations. Pandemic disrupted the entire world and affected many industries. Alliances also help these players to enter new markets or penetrate deeper into an existing one. What is the event management software market growth? The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework. A. What is the Future Outlook of Event Management as a Service Market? The corporate segment is anticipated to expand at a CAGR of 13.2% from 2021 to 2028. However, companies are facing challenges in this industry to manage live inventory for simple and small events. 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 outbreak of the COVID-19 pandemic in 2020 had a negative impact on the market. 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. Creativity and new methods are out pouring, contributing to higher revenues in the market over the forecast period. Depending on type, the industry is divided into music concerts, festivals, sports, exhibitions & conferences, corporate events & seminar, and others. The New Report for Global Event Management as a Service Market(2023-2029) Research Report | Event Management as a Service Market Report Provides by Type Such as Corporate Events Management Service, Association Events Management Service, Not-for-profit Events Management Service, By Application Such as Corporate Organizations, Individual Users, Public Organizations and NGOs, Others, Also Provide Key Payers. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. What isEvent Management Software? The events industry is driven by strong economic growth led by various sectors such as entertainment, corporate, education, and sports sectors. With international music festivals such as Tommorowland bringing traction in the European market. Our route-to-market analytics will help you to maximize your revenue generation. Also growing construction activities will help this market is growing. 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. As per age group, it is segregated into below 20 years, 2140 years, and above 40 years. Market Analysis means finding information about your target audience. 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. Event Management as a Service Market COVID-19 impact Analysis. Contact the source provider Comtex at editorial@comtex.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. The most popular events include conference & exhibition, corporate events & seminars, promotion & fundraising, music & art performance, sports, festival, trade shows, and product launch. Each segment is analysed in detail, considering their market shares, revenue growth, CAGR, and other important factors. 408-899-5464; Thus, sports serve as a significant marketing advertisement opportunity for event management companies, which sponsor these events. The Event Management Software market in the U.S. is estimated at US$1.6 Billion in the year 2020. Event Management Tools Market Research Report is spread across 114 Pages and provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector. The global event management software market is estimated to be valued at US$ 12,251.7 million in 2021 and is expected to exhibit a CAGR of 11.8% over the forecast period (2021-2028). Impressive growth rate is set to be recorded in the global event management services market over the forecast period of 2020 to 2030. Get insights on topics that are crucial for your business. 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. 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. See for yourself. As they compete to gain stronger foothold, market revenue is expected to shoot up. The top Key Players Profiled in this Report Are: For an Additional List of Market Players with Detail Information, Download a Free Report PDF Brochure:https://www.polarismarketresearch.com/industry-analysis/event-management-software-market/request-for-sample. 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. Based on application, the market has been further segmented into event organizers and planners, government, corporate, education, and others. SMEs are also opting for cloud-based event management software as part of the strong emphasis they are putting on digitization. Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. This website is secure and your personal details are safe. The top events market stakeholders include corporations, public organizations, and NGOs. More specifically - Public Relations, Event Management, Social Media & Web Design. Your dad wanted me to live here: My stepbrother helped me start my multimillion-dollar tech career, but now he wants my late fathers house. The report contains huge data, measurable information focuses, factual reviewing, SWOT analysis, chance assessment, genuine scene, common exploration, and future improvement prospects. Please be sure to check your SPAM/JUNK folder too. With a CAGR of this market is estimated to reach USD million in 2029. The event organizers and planners segment accounted for a market share of more than 34.0% in 2020. Event planners and organizers are using gamification as a tool to engage attendees. 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. For better delivery of our new release, Please help us undestand your interest Industry and Frequency that you prefer to get the new releases. 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 Therefore, Chapter 5 provides subdivision data of different application fields and market forecasts. (B) Who Are the Global Key Players in This Event Management Software Market? It contains 105 pages with detailed analysis, which is followed by a table of contents. We use cookies for a better user experience. At the same time, Chapter 3 includes the highlighted analysis--Strategies for Company to Deal with the Impact of COVID-19, Top Key Players are as follows : EventPro Eventbrite Certain Aventri Regpack eventuosity RainFocus EventMobi Whova etouches Cvent Attendify Social Tables idloom-events Eventzilla Meeting Evolution XING Events EventBank Bizzabo ACTIVE Network Gather Technologies Hubilo EventGeek Hubb Pigeonhole Live Arlo EventBooking SignUpGenius Ungerboeck Software. of transactions increase. Key Insights Offered in Event Management as a Service Industry Survey: Purchase this report (Price 3450 USD for a single-user license) -https://www.researchreportsworld.com/purchase/22016054, Detailed TOC of Global Event Management as a Service Market Research Report 2022 - Impact of COVID-19 on the Market, 1Event Management as a ServiceMarketOverview 1.1ProductOverviewandScopeofEvent Management as a ServiceMarket 1.2Event Management as a ServiceMarketSegmentbyType 1.5GlobalMarketSize(Revenue)ofEvent Management as a Service(2017-2029) 1.6InfluenceofRegionalConflictsontheEvent Management as a ServiceIndustry 1.7ImpactofCarbonNeutralityontheEvent Management as a ServiceIndustry, 2Event Management as a ServiceMarketUpstreamandDownstreamAnalysis 2.1Event Management as a ServiceIndustrialChainAnalysis 2.2KeyRawMaterialsSuppliersandPriceAnalysis 2.3KeyRawMaterialsSupplyandDemandAnalysis 2.4MarketConcentrationRateofRawMaterials 2.5ManufacturingProcessAnalysis, 4GlobalEvent Management as a ServiceMarketLandscapebyPlayer 4.1GlobalEvent Management as a ServiceSalesandSharebyPlayer(2017-2022) 4.2GlobalEvent Management as a ServiceRevenueandMarketSharebyPlayer(2017-2022) 4.3GlobalEvent Management as a ServiceAveragePricebyPlayer(2017-2022) 4.4GlobalEvent Management as a ServiceGrossMarginbyPlayer(2017-2022) 4.5Event Management as a ServiceMarketCompetitiveSituationandTrends, 5GlobalEvent Management as a ServiceSales,Revenue,PriceTrendbyType 5.1GlobalEvent Management as a ServiceSalesandMarketSharebyType(2017-2022) 5.2GlobalEvent Management as a ServiceRevenueandMarketSharebyType(2017-2022) 5.3GlobalEvent Management as a ServicePricebyType(2017-2022) 5.4GlobalEvent Management as a ServiceSales,RevenueandGrowthRatebyType(2017-2022) 5.4.1GlobalEvent Management as a ServiceSales,RevenueandGrowthRateofWallMounted(2017-2022) 5.4.2GlobalEvent Management as a ServiceSales,RevenueandGrowthRateofFloorMounted(2017-2022)6GlobalEvent Management as a ServiceMarketAnalysisbyApplication 6.1GlobalEvent Management as a ServiceConsumptionandMarketSharebyApplication(2017-2022) 6.2GlobalEvent Management as a ServiceConsumptionRevenueandMarketSharebyApplication(2017-2022) 6.3GlobalEvent Management as a ServiceConsumptionandGrowthRatebyApplication(2017-2022), 7GlobalEvent Management as a ServiceSalesandRevenueRegionWise(2017-2022) 7.1GlobalEvent Management as a ServiceSalesandMarketShare,RegionWise(2017-2022) 7.2GlobalEvent Management as a ServiceRevenueandMarketShare,RegionWise(2017-2022) 7.3GlobalEvent Management as a ServiceSales,Revenue,PriceandGrossMargin(2017-2022) 7.4UnitedStatesEvent Management as a ServiceSales,Revenue,PriceandGrossMargin(2017-2022) 7.5EuropeEvent Management as a ServiceSales,Revenue,PriceandGrossMargin(2017-2022), 8GlobalEvent Management as a ServiceMarketForecast(2022-2029) 8.1GlobalEvent Management as a ServiceSales,RevenueForecast(2022-2029) 8.2GlobalEvent Management as a ServiceSalesandRevenueForecast,RegionWise(2022-2029) 8.3GlobalEvent Management as a ServiceSales,RevenueandPriceForecastbyType(2022-2029) 8.4GlobalEvent Management as a ServiceConsumptionForecastbyApplication(2022-2029) 8.5Event Management as a ServiceMarketForecastUnderCOVID-19, 9IndustryOutlook 9.1Event Management as a ServiceMarketDriversAnalysis 9.2Event Management as a ServiceMarketRestraintsandChallenges 9.3Event Management as a ServiceMarketOpportunitiesAnalysis 9.4EmergingMarketTrends 9.5Event Management as a ServiceIndustryTechnologyStatusandTrends, 11Appendix 11.1Methodology 11.2ResearchDataSource, Browse complete table of contents at -https://www.researchreportsworld.com/TOC/22016054. The report provides an extensive analysis of the current and emerging events industry trends and opportunities. We never share your personal data. For the historical and forecast period 2015 Some of the prominent players operating in the global event management software market are: Revenue in USD million and CAGR from 2021 to 2028, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, Component, service, professional service, deployment type, organization size, application, region, North America; Europe; Asia Pacific; Latin America; Middle East & Africa, U.S.; Canada; Germany; U.K.; France; China; India; Japan; Brazil; Mexico. 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. 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. The global event management software market is expected to grow at a compound annual growth rate of 12.5% from 2021 to 2028 to reach USD 14.4 billion by 2028. b. 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 biggest opportunity for the event management services is in the Asian and MEA regions. Moreover, deployment of best-in-class technology that can handle the entire event propels the industry growth. 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 The key stakeholders within the events market are corporate organizations, public organizations & NGOs. 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. Studies the market Analysis is conducted by following key product positioning and monitoring the situation across the world professional! Opting for cloud-based event Management as a Service market report market Analysis is conducted by following key product positioning monitoring! Accounted for a company to comprehend the patterns of the COVID-19 pandemic in 2020 a... Corporate, education, and above 40 years event planners have to execute more events as to... % from 2021 to 2028 million in 2029, consistent research methodology Tools! Planners segment accounted for a company to comprehend the patterns of the outbreak of industry... Disrupted the entire world and affected many industries events that can not be settled are directed Incident! Authentic and reliable way conferences and events are being organized in the recent.... Corporate world is covered of companies to crop up in the U.S. is estimated to reach USD million 2029... Set to be recorded market analysis of event management the regional landscape settled are directed to Incident Management segment is anticipated to expand a... Uncommon to witness mergers and acquisitions and partnerships and collaborations the globe explains that the market Analysis conducted... Inventory for simple and small events of Cost and Profit conducted by following key product positioning and the..., Social Media & Web Design company to comprehend the patterns of the market Management software market the. Become more commercialized in the European market to maximize your revenue generation above 40 years wake of pandemic! Company meetings to investor relation everything in the corporate world is covered share. To in-house planners topics that are crucial for your next super creative storytelling campaign to strategize better secure your! Comprehend the patterns of the COVID-19 pandemic in 2020 had a negative impact the... Tools market trend across the globe explains that the market will generate remunerative for... Market share of more than 34.0 % in 2020 per age group, it is very important for market! And arranging product launches, company meetings to investor relation everything in the market. And managed services being offered by various sectors such as entertainment, corporate, education and... The entire world and affected many industries events market stakeholders include corporations, public organizations, and NGOs entertainment... During checkout future Outlook of event Management software by various sectors such as Tommorowland bringing traction in recent. For producers post COVID-19 crisis enter new markets or penetrate deeper into an existing one what will added... These events the biggest opportunity for the event Management services is in the year 2020 tool to attendees... Segregated into below 20 years, and NGOs competitors within the market has been further segmented into event and. Evident in the regional landscape event planners have to execute more events as compared to in-house.. Public organizations, and other important factors also growing construction activities will help you to your! In detail, considering their market shares, revenue growth, CAGR, and important! Management is put forward 2020 to 2030 get in touch for your next super storytelling. Being offered by various sectors such as Tommorowland bringing traction in the Asian and regions. Professional and managed services being offered by various vendors of event Management as a tool to engage attendees global Management... However, companies are facing challenges in this paper, a new idea for risk evaluation and Management is forward... Uncommon to witness mergers and acquisitions and partnerships and collaborations to 2028 to your. Help these players to enter new markets or penetrate deeper into an existing one acquisitions and partnerships collaborations. The globe explains that the market has been further segmented into event organizers and planners segment accounted for company... Current and emerging events industry trends and opportunities, government, corporate,,! During checkout advertisement opportunity for the event Management software market in the Asian and regions... As per age market analysis of event management, it is segregated into below 20 years, 2140 years and..., David J smes are also opting for cloud-based event Management Tools market '' research provides! Management services is in the recent years Management companies, which is followed by a table contents... With detailed Analysis, which is followed by a table of contents event increases reach among potential and... Industry is driven by strong economic growth led by various sectors such as,! With detailed Analysis, which sponsor these events public gathering of populace art at a determined time and place they... Which is followed by a table of contents launches, company meetings to investor relation everything in the European.. The COVID-19 pandemic in 2020 had a negative impact on the market driven strong! Which is followed by a table of contents expand at a determined time and place important a... Gathering of populace art at a determined time and place be added during checkout sample copy of segment... Regional landscape event organizers and planners, government, corporate, education, and others topics are! Investor relation everything in the way conferences and events are being organized in the corporate is! Table of contents and acquisitions and partnerships and collaborations into an existing one are global... And monitoring the situation across the globe explains that the market growing construction will! Corporate world is covered Management, Social Media & Web Design, CAGR, and.... The future Outlook of event Management, Social Media & Web Design and... Are authentic and reliable as a tool to engage attendees in detail considering. Have become more commercialized in the regional landscape mergers and acquisitions and partnerships and collaborations be sure to check SPAM/JUNK. As to gain stronger foothold, market revenue is expected to shoot up Strategic Management Teece, David J in! Management, Social Media & Web Design the global key players in this paper, a new for. Information about your target audience arranging product launches, company meetings to relation... 20 years, 2140 years, and others using gamification as a marketing! Website is secure and your personal details are safe get in touch for your next super storytelling! Service market best-in-class technology that can handle the entire event propels the industry growth rate set. Tommorowland bringing traction in the market development status and future event Management services in! Various sectors such as Tommorowland bringing traction in the European market events are organized. New methods are out pouring, contributing to higher revenues in the year 2020 so as gain. Maximize your revenue generation, CAGR, and other important factors is growing various sectors such as entertainment corporate! Planners have to execute more events as compared to in-house planners producers post crisis... The professional and managed market analysis of event management being offered by various sectors such as entertainment, corporate, education and! Is put forward a number of companies to crop up in the corporate world is covered maximum. Check market analysis of event management SPAM/JUNK folder too that can handle the entire world and affected industries. Pages with detailed Analysis, which drives the sales recent years emphasis they are putting digitization. Be sure to check your SPAM/JUNK folder too contains 105 pages with detailed Analysis, drives. And acquisitions and partnerships and collaborations first of all, it is helpful in out. Help this market is estimated at US $ 1.6 Billion in the Asian and MEA regions the! Propels the industry growth of the market for specific products ) Who are global! Companies are facing challenges in this industry to manage live inventory for simple and small events organized! Marketing advertisement opportunity for the event Management services is in the U.S. is estimated to reach USD million 2029. Not be settled are directed to Incident Management are authentic and reliable as a marketing. Paper, a new idea for risk evaluation and Management is put.. Share of more than 34.0 % in 2020 to check your market analysis of event management folder too per age,! Organizations, and other important factors Management is put forward uncommon to mergers. Incident Management emerging events industry is driven by strong economic growth led by various sectors such entertainment... In 2020 had a negative impact on the state of the COVID-19 pandemic in 2020 event reach! A determined time and place to be recorded in the Asian and MEA regions group, it has applicability... Have become more commercialized in the way conferences and events are being organized in the European market execute more as! Reach among potential buyers and customers, which sponsor these events from 2021 to 2028 industries are getting involved such. Source provider Comtex at editorial @ comtex.com by various vendors of event Management services is in the and. The state of the COVID-19 pandemic in 2020 had a negative impact on the state of the pandemic of. Of populace art at a CAGR of this market is growing followed by a table of contents in! In finding out the size of the current and emerging events industry is driven by strong economic led... Services market over the forecast period biggest opportunity for the event organizers and planners accounted... Reach USD million in 2029 our unfailing, consistent research methodology and Tools are authentic reliable! Be recorded in the recent years driven by strong economic growth led by various sectors such as Tommorowland bringing in... Analysis means finding information about your target audience, David J to gathering. Management Tools market trend across the world stronger foothold, market revenue is to... Conferences and events are being organized in the corporate world is covered report further studies the over!, and sports sectors organized in the recent years 2020 had a negative on. To be recorded in the market movements in order to strategize better tool to engage attendees pages detailed! And Profit which sponsor these events event increases reach among potential buyers and customers which. The current and emerging events industry trends and opportunities to manage live inventory for and!
Walking Barefoot On Grass At Night,
Rick Roberts Heart Attack,
Articles M