market analysis of event management

Choose reports from a database of more than 10,000 reports. , Maleic Anhydride Market Size The demand for event management software is anticipated to increase in the post-COVID-19 era as well, as both SMEs and large enterprises gradually migrate their IT infrastructure to cloud networks to enhance business continuity and improve business operations. As per age group, it is segregated into below 20 years, 2140 years, and above 40 years. Event Management Software Market Size Report, 2028. online dashboard trial. Please fill out the form below for a free PDF report sample & 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. 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. Your personal details are safe with us. North America dominated the market in 2020 with a market share of over 45.0%. Hence, large enterprises are always looking forward to adopting new and innovative solutions that can be integrated into their corporate network. An event Analyst sometimes needs to create an analysis essay for some documentations of the said event. North America, especially The United States, will still play an important role which cannot be ignored. This has led to a surge in demands for event management services from house parties, exhibition, and homecomings to marriages. Get a Sample Copy of the Event Management Tools Market Report 2022. Events refer to public gathering of populace art at a determined time and place. All Rights Reserved. Final Report will add the analysis of the impact of COVID-19 on this industry. The report strives to maintain a comprehensive analysis and provide a regional assessment of the global market. Please be sure to check your SPAM/JUNK folder too. Albany NY - 12207, United States, Downtown, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA, Copyright Transparency Market Research, Inc. All Rights reserved. Hence, corporates are particularly scouting for customized solutions and services to host annual events, such as the Annual General Meeting (AGM), virtually. 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. Which segment accounted for the largest event management software market share? 1. Is there a problem with this press release? Privacy Policy*. Furthermore, our analysts are experts in providing in-depth market analysis, which means you will be exposed to some great insights into critical aspects of the global Event Management Software market. 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 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. As conferences, corporate events, exhibitions, live performances and festivals witness an increase in their number, demand for these services will grow, adding to the market worth in a big way. Significant push to growth in this market will be given by India and China. 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. Microsoft will lay off 10,000 workers. The theoretical foundation of the proposed idea is Which region has the largest share in Global Event Management as a Service Market? Addition or alteration to country, regional, and segment scope. The most popular events include conference & exhibition, corporate events & seminars, promotion & fundraising, music & art performance, sports, festival, trade shows, and product launch. The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth. Maleic Anhydride Market Moreover, the number of SMEs in the region is also growing significantly, which bodes well for the growth of the regional market. 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. My brother died 10 months later. Event Management as a Service Market COVID-19 impact Analysis. of leading companies in the industry. If you get fired from your tech job, what should be your next move? What are Global Macroeconomic Environment Analysis Results? WebPlimsoll Market Analysis for the Event Management Industry The 788 largest companies in the Event Management Industry are assessed, valued and rated on takeover 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. What Are Challenges and Opportunities? 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. Virtual events and conferences witnessed a significant rise, particularly in 2020. Interested in this report? From product releases to news conferences, businesses are producing sales activities to help them connect with customers (and potential clients). 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. In-depth report coverage is now just a few seconds away, Take Advantage of Intelligence Tailored to your Business Objective, Conect me to identify wining opportunities, Get insights that lead to new growth opportunities. Global event management software market size was registered around US$5.6 Bn in the year 2019. Find out who are your target audience This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period. 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. Event Management Software Market To Register A Strong Growth Rate During The Forecast to 2023-2032. The preference for hosting virtual events is growing among corporates. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. 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. What are the Growth Factors & Major Segments Covered? Recent Developments for Market Competitors. The market value of global events market is expected to reach close to $1.457 billion by 2028, growing from $1.134 billion in 2020 at a healthy CAGR of 23.1%. The report covers all the landscapes of the industry with a dedicated study of key players that contain market leaders, new entrants, and followers. How big is the event management software market? The region is also known for hosting various public events, such as film festivals, marathons, and other events hosted by educational institutions, along with several other private events. b. Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. (H) What Are Market Dynamics of Event Management Software Market? WebEvent Management Services Market: Global Industry Analysis and Forecast 2016 - 2022. Chapters 7-26 focus on the regional market. Market Analysis means finding information about your target audience. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. Gamification of events allows organizers to enhance the experience for attendees. The World Health Organization (WHO) declared COVID-19 as a pandemic on March 11, 2020. The outbreak of the COVID-19 pandemic in 2020 had a negative impact on the market. 408-899-5464; In 2017, the global Event Management Software market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025. The primary and secondary resources we use are recognized by industry experts. 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. T&C*. Need to talk to an expert? *Get Brochure (PDF) sent to your email within minutes. The report focuses on the Event Management as a Service market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. According to the findings published by Billboard in June 2018, around 800 music fests are hosted in the U.S. alone, and these events attract over 32 million attendees. The Event Management Software market analysis is offered for the global markets and includes analysis of competition landscape, development trends, and major regions. On the basis of age group, the 2140 years segment contributed to the maximum share in 2019, owing to rise in interest toward entrepreneur & business seminars along with music concerts and festive gatherings. It is helpful in finding out the size of the Market for specific products. 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. In the event management business, the variable cost increases as the transactions increase. 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. Ask For Sample Report. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry. The software segment dominated the market in The volatility in any one industry could therefore effect the event management service industry directly and hence could prove as a restrain. The prominent market players that dominated the global market in 2020 include Aventri Inc.; Cvent Inc.; Hubilo; Zoho Corporation; Eventbrite. Global Event Management as a Service Market forecast report provides a holistic evaluation of the market. In the US, the party and event planning market size is worth $3.2 billion in 2022. WebDescription Table of Contents Analysis Type Research Methodology Request for Sample Report Summary The global event management software market was valued at USD This section sheds light on the sales growth of different regional and country-level Event Management and Planning Software markets. Microsoft will lay off 10,000 workers. Who are the key players in Global Event Management as a Service Market? , Maleic Anhydride Market Share 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. Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. WebMosaic Event Management, Inc. 67 Haight Street San Francisco, CA 94102. These are some of the major factors that are expected to drive the growth of the corporate segment over the forecast period. WebThis section sheds light on the sales growth of different regional and country-level Event Management and Planning Software markets. The theoretical foundation of the proposed idea is This is set to drive the global event management services market on an upward facing growth curve over the forecast period. 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. A. Based on component, the event management software market has been further segmented into software and service. The global Event Management market is projected to reach USD million by 2028 from an estimated USD million in 2022, at a CAGR of % during 2023 and 2028. Key metrics are identified and 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. 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. On-premise software can also be tailored to the clients business processes. You can also contact MarketWatch Customer Service via our Customer Center. of employees increases when no. What is the Future Outlook of Event Management as a Service Market? A notable increase in events of varied types is seen across the world. An event management framework involves such concepts as technology, structure, effectiveness, and fit. In addition, rock and pop music dominates most of the markets, globally while the U.S. population prefers rap and hip-hop. (D) What Is the Current Market Status of Event Management Software Industry? HDR has developed an industry-first Airport Landside Multimodal Demand Analysis Tool to help airports identify and explore mobility improvements and management strategies. Some of these are growing disposable income, leading to higher demands for such events, and innovation in event organization. Cloud-based event management software solutions are particularly popular among SMEs owing to their lower deployment costs. 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. With international music festivals such as Tommorowland bringing traction in the European market. The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing events industry opportunities in the market. What is the event management software market growth? This analysis puts light on various segments that are relied upon to witness the quickest business development amid the estimated forecast frame. It involves considering the political, economic, social, technological, legal, and environmental factors that may influence the success of an event. 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. Small and Medium Enterprises Large Enterprises. The key stakeholders within the events market are corporate organizations, public organizations & NGOs. A. The report saves valuable time as well as adds credibility to the work that has been done to grow the business. Conversely, the focus of companies is to enhance attendee experience and witness successful completion of an event without any hindrance. The Event Management as a Service market has witnessed a growth from USD million in 2017 to USD million in 2022. Based on application, the market has been further segmented into event organizers and planners, government, corporate, education, and others. Such an approach has a few crucial disadvantages. Who are the key players in event management software market? 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. Your personal details are safe with us. The Asia-Pacific is estimated to grow at a CAGR of 13.7% during the forecast period. The catering industry serves private, corporate, and non-profit events with food, drinks, event management and other services. On the basis of organizer, it is categorized into corporate, sports, education, entertainment, and others. (C) What Was Global Market Status of Event Management Software Market? 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. From scheduling and arranging product launches, company meetings to investor relation everything in the corporate world is covered. If you get fired from your tech job, what should be your next move. COVID-19 is an infectious disease caused by the novel coronavirus. 2018 and 2019 are considered as the historic years and 2021 to 2030 are the forecast years. 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. Some of these events that are increasing in number world over are music festivals, product launches, exhibitions, conferences, and so on. 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. 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. Thus, increase in such music concerts and events offers valuable opportunities for promoters and brands to align themselves with people attending concerts. Jan 17, 2023 (The Expresswire) -- The on-premise segment is anticipated to expand at a CAGR of 9.6% from 2021 to 2028. Privacy Policy*. In addition, sponsorships from various brands such as Redbull, Monster Energy, Nike, Cocoa Cola for major global three-day festival as well as small gig or act in a social club or arena boost the growth of the events industry. 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. The forecast period calculated in the global events industry report is from 2021 to 2028. (I) What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Event Management Software Industry? The research analysts of this report have provided a thorough assessment of the global Event Management Software market on the basis of CAGR, sales, consumption, price, gross margin, and other significant factors. 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. , Maleic Anhydride Market Trends. MarketWatch provides the latest stock market, financial and business news. 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. Such an approach has a few crucial disadvantages. The proposed approach is based on the autonomous systems theory. By revenue source, it is classified into ticket sale, sponsorship, and others. Chapter 3focuses on analyzing the current competitive situation in the Event Management Tools market and provides basic information, market data, product introductions, etc. Book your free consultation and let our research experts help you with your needs/problems. The MarketWatch News Department was not involved in the creation of this content. Each of the concepts has great impact on the modern organization and its functions. The report provides an extensive analysis of the current and emerging events industry trends and opportunities. In the report, the country-level analysis is also provided. Event Management Software market report provides a complete background analysis of the industry which includes an assessment of the parental market. Complete the form below and we'll get back to you shortly. Single User License, Five User License & Enterprise User License. Polaris Market Research is a global market research and consulting company. 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. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Event Management as a Service market. Our aim is to provide the best solution that matches the exact customer requirements. The large enterprise segment accounted for a market share of 56.1% in 2020. North America dominated the event management software market with a share of 45.0% in 2020. The global events industry is segmented based on type, revenue source, organizer, age group, and region. The continued digital transformation across various industries and industry verticals is also expected to bode well for the growing adoption of event management software. 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. European region is set to witness traction in these services over the forecast period owing to increasing number of music festivals regional and international. The analysis of the behavior of attendees is also helping organizations in making critical business decisions. District Cooling First of all, it has limited applicability to new technological solutions. The on-premise software does not call for an internet connection. 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. Free upgrade to enterprise license (allows to share across all company locations), 5. Discounted price for multiple reports across domains, 2. Depending on type, the industry is divided into music concerts, festivals, sports, exhibitions & conferences, corporate events & seminar, and others. Moreover, deployment of best-in-class technology that can handle the entire event propels the industry growth. What are the factors driving the event management software market. Free trial, before you make a purchase decision. 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. It is a low-cost solution that outperforms most composite applications in terms of price vs. performance. This section sheds light on the sales growth of different regional and country-level Event Management and Planning Software markets. The initial stage of a major event involves understanding the audience and their behavior that excites and emotionally engages them. A paradigm shift has been evident in the way conferences and events are being organized in the wake of the outbreak of the pandemic.

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