market analysis of event management

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 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. You can also contact MarketWatch Customer Service via our Customer Center. Event planners have to execute more events as compared to in-house planners. 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. What segments are covered Event Management as a Service Market report? The Event Management Tools market revenue was Million USD in 2016, grew to Million USD in 2020, and will reach Multi Million USD in 2026, with a Impressive CAGR during 2020-2026. The Event Management Software market in the U.S. is estimated at US$1.6 Billion in the year 2020. Your personal details are safe with us. Copyright 2023 MarketWatch, Inc. All rights reserved. Visit a quote page and your recently viewed tickers will be displayed here. We are GDPR compliant! In the event management business, the variable cost increases as the transactions increase. The outbreak of the COVID-19 pandemic in 2020 had a negative impact on the market. 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. From scheduling and arranging product launches, company meetings to investor relation everything in the corporate world is covered. We have studied key players of the global Event Management Software market, taking into account their recent developments, geographical market growth, footprint, market expansion, production, and areas served. Based on deployment type, the market has been further segmented into cloud and on-premise. Web Design Events refer to public gathering of populace art at a determined time and place. 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. (Allied Market Research) 2. The Event Management Platform market is segmented into Product Types: Cloud Based; Web Based The biggest opportunity for the event management services is in the Asian and MEA regions. Based on component, the event management software market has been further segmented into software and service. Based on Product Type, this report shows the creation, income, cost, piece of the pie, and development pace of each kind, principally split into: Based on Component, Event Management as a Service is a business solution that provides an in-depth analysis of crowd movement at large gathering locations such as airports and train stations, city malls, retail stores, convention centers, stadiums, and other venues. What Will Be the Estimation of Cost and Profit? 5 |P a g eEVENT MANAGEMENT INDUSTRY ANALYSISIndustry Size and Growth Trends:Events management is known to be one of the strategic marketing and communication tools oforganizations of all sizes. A. From product releases to news conferences, businesses are producing sales activities to help them connect with customers (and potential clients). 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. One of the most prominent events is Tomorrowland. In the report, the country-level analysis is also provided. If you get fired from your tech job, what should be your next move? Find out who are your target audience 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 use cookies for a better user experience. From product releases to news conferences, businesses are producingsales activities to help them connect with customers (and potential clients). Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. Creativity and new methods are out pouring, contributing to higher revenues in the market over the forecast period. Contemporary risk management is based on statistical analysis. Identifying these patterns may assist in forming specific entry and exit criteria, and may lead to more effective trade management. Event planners and organizers are using gamification as a tool to engage attendees. The correlation between these measures and measures of arrangement indicates how well the management decisions matches structure. 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. 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. What Are Challenges and Opportunities? Our route-to-market analytics will help you to maximize your revenue generation. We are GDPR and CCPA compliant! 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 cloud-based deployment also allows enterprises to run multiple marketing campaigns from different locations. The cloud segment dominated the market in 2020 and accounted for a revenue share of more than 58.0%. On-premise software can also be tailored to the clients business processes. This Event Management Tools Market Research/Analysis Report Contains Answers to your following Questions. 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 WebThe event management software market report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product types, and leading In the US, the party and event planning market size is worth $3.2 billion in 2022. The on-premise segment is anticipated to expand at a CAGR of 9.6% from 2021 to 2028. Avail customized purchase options to meet your exact research needs. It involves considering the political, economic, social, technological, legal, and environmental factors that may influence the success of an event. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2028. Events are generally held by clients in order to celebrate, communicate, or both. This is set to drive the global event management services market on an upward facing growth curve over the forecast period. It comes with the additional cost of $2500.00 contact sales. , Maleic Anhydride Market Size 2018 and 2019 are considered as the historic years and 2021 to 2030 are the forecast years. , Maleic Anhydride Market Trends. 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. The report provides an extensive analysis of the current and emerging events industry trends and opportunities. 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. 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. 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. On the Basis of the End-User/Applications, this report focuses on the status and outlook for major applications production, revenue, price, market share, and growth rate: Based on the End Use, the Event Management as a Service Market Trend is bifurcated into Aromatic Industries, Automotive, Building and Construction, Paints, Agrochemicals, and others. The event organizers and planners segment accounted for a market share of more than 34.0% in 2020. TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE. 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. 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. It contains 105 pages with detailed analysis, which is followed by a table of contents. 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. Gamification of events allows organizers to enhance the experience for attendees. A. First of all, it has limited applicability to new technological solutions. WebEvent Management Services Market: Global Industry Analysis and Forecast 2016 - 2022. Copyright 2023 Grand View Research, Inc. All rights reserved. The Market study aids in making sales forecasts for its products and thereby, establishing harmonious adjustment between demand and supply of its products. What about imports and Export? The digitization and the advent of DIY apps the event management service companies could face a challenge. 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. Another strong regional market is that of North America. United StatesPolaris Market Research recently published [115+ Pages] research report on,Event Management Software Market size & share analysis and forecast 2023 - 2032. The platform offers a real-time networking option that allows the attendees to book a seat and bond with people sharing similar interests. 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. 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. 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