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market analysis of event management

If you get fired from your tech job, what should be your next move? Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future. online dashboard trial. Copyright 2023 Grand View Research, Inc. All rights reserved. We give unmatched nature of offering to our customers present all around the globe across industry verticals. 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. Each of the concepts has great impact on the modern organization and its functions. In addition, rock and pop music dominates most of the markets, globally while the U.S. population prefers rap and hip-hop. The biggest opportunity for the event management services is in the Asian and MEA regions. However, higher entry barriers and presence of alternatives are some of the major challenges of the market. WebEvent Management Service market report has provided PESTEL and Porter analysis to provide insightful information regarding the market scenario. 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 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. We offer 100% Free Customization at the time of purchase, Serving 1000 Fortune Companies world-wide, Your personal details are safe with us. 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. , Maleic Anhydride Market Share 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. 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. Some of the benefits offered by professional services include reduced administrative expenses, increased profitability, and optimized utilization of resources. 5 | P a g e EVENT MANAGEMENT INDUSTRY ANALYSIS Industry Size and Growth Trends: Events management is known to be one of the strategic marketing and communication tools of organizations of all sizes. The Asia-Pacific is estimated to grow at a CAGR of 13.7% during the forecast period. As per age group, it is segregated into below 20 years, 2140 years, and above 40 years. Therefore, it is neither surprising nor uncommon to witness mergers and acquisitions and partnerships and collaborations. It contains 105 pages with detailed analysis, which is followed by a table of contents. On the basis of organizer, it is categorized into corporate, sports, education, entertainment, and others. 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. 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 of employees increases when no. A. The Event Management Software report can also be used as a resource for distribution network management and partner selection. Thus, sports serve as a significant marketing advertisement opportunity for event management companies, which sponsor these events. The growth of the segment can be attributed to the increasing number of small & medium enterprises (SMEs) in countries, such as the U.S., India, and China. 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. This is driving a number of companies to crop up in the regional landscape. 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. https://www.polarismarketresearch.com/industry-analysis/event-management-software-market/request-for-sample, https://www.polarismarketresearch.com/industry-analysis/event-management-software-market/request-for-discount-pricing, https://www.polarismarketresearch.com/industry-analysis/event-management-software-market. 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. 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. The need for efficient management of all such events has been driving the adoption of event management software across the region. Events refer to public gathering of populace art at a determined time and place. Get a sample copy of the Event Management as a Service Market Report. By Need to talk to an expert? of leading companies in the industry. 1. Based on component, the event management software market has been further segmented into software and service. 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. 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. Our aim is to provide the best solution that matches the exact customer requirements. Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2022-2029. The emerging nations in the Asia-Pacific region such as China, India, Indonesia, Philippines, Thailand, and Malaysia are expected to grow at significant rates. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective. "The quality of research they have done for us has been excellent.". However, companies are facing challenges in this industry to manage live inventory for simple and small events. Increasing disposable incomes and draining work schedules are pushing the millennial populace towards a search for new and improved entertainment options. Free business intelligence platform with subscription, 4. Our research will help you to minimize distribution costs and also help you with selection as we benchmark vendors. The Event Management Software market analysis is offered for the global markets and includes analysis of competition landscape, development trends, and major regions. The large enterprise segment accounted for a market share of 56.1% in 2020. Report further studies the market development status and future Event Management Tools Market trend across the world. 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. Regardless from where you have purchased the report, you can request an updated version of the report from us. Our unfailing, consistent research methodology and tools are authentic and reliable. The Event Management Software report focuses on downstream and upstream growth prospects, the benchmarking of business segments to allow selections on the basis of long-term growth, and micro-level as well as macro-level analysis of the global Event Management Software market. COVID-19 is an infectious disease caused by the novel coronavirus. 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. A. Event Management Software Market Size Report, 2028. The with the current focus of industries in event management companies work a lot in cooperation with different industries such as food, beverage, hospitality and entertainment and thus is quite dependent on each of them. For example, support staff cost (No. The report gives a comprehensive investigation of the global Event Management as a Service market. Key metrics are identified and The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. Copyright 2023 MarketWatch, Inc. All rights reserved. Event management companies have been on the rise since the time as memorial itself. The Event Management Platform market is segmented into Product Types: Cloud Based; Web Based In the event management business, the variable cost increases as the transactions increase. This enables them to cement a strong position and ensure lasting success in the global Event Management Software market. This report categorizes the market based on manufacturers, regions, type and application. 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. 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. 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. Copyright 2006 - 2021 PRnob Media, UBIC Solutions, LLC. (Allied Market Research) 2. 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 Privacy Policy*, State Tower, 90 State Street, Suite 700, The acquisition was aimed at enabling creators to attract more audiences. 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 looks at factors like segmentation, description, and applications in the Event Management Platform Market. Ask For Sample Report. In the next five years, hydrocarbon resin is expected to remain the second-largest application in the worldwide Event Management as a Service Market, owing to increased usage in adhesives, coatings, printing inks, and rubber goods. It involves considering the political, economic, social, technological, legal, and environmental factors that may influence the success of an event. 6. We use cookies for a better user experience. Identifying these patterns may assist in forming specific entry and exit criteria, and may lead to more effective trade management. (I) What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Event Management Software Industry? The analysis of the behavior of attendees is also helping organizations in making critical business decisions. Addition or alteration to country, regional, and segment scope. With the increasing globalization there will be a surge in the demand of event management services with companies opting for different companies offering them a myriad of services. Get a Full PDF Sample Copy of the Report: (Including Full TOC, List of Tables & Figures, and Chart):https://www.polarismarketresearch.com/industry-analysis/event-management-software-market/request-for-sample. More companies and industries are getting involved in such festivals so as to gain maximum benefit. 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. Free upgrade to enterprise license (allows to share across all company locations), 5. What are the factors driving the event management software market. The Event Management Software market in the U.S. is estimated at US$1.6 Billion in the year 2020. 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. All the statistical and numerical data, which is calculated with the most established tools such as SWOT analysis, is represented with the help of graphs and charts for the best user experience and clear understanding. The proposed approach is based on the autonomous systems theory. All Rights Reserved. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. We are GDPR and CCPA compliant! Event Management Tools Market Size is projected to Reach Multimillion USD by 2029, In comparison to 2022, at unexpected CAGR during the forecast Period 2023-2029. 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. Furthermore, the Asia Pacific region has abundant skilled and tech-savvy professionals, who can efficiently utilize the latest software solutions available in the market. 2023 Allied Market Research. These factors are anticipated to offer ample opportunities for the players in the events industry. WebEvent Management Platform Market Strategic Analysis. Impressive growth rate is set to be recorded in the global event management services market over the forecast period of 2020 to 2030. We are GDPR compliant! 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. Such an approach has a few crucial disadvantages. Conversely, the focus of companies is to enhance attendee experience and witness successful completion of an event without any hindrance. The proposed approach is based on the autonomous systems theory. Recent Developments for Market Competitors. Who are the key players in event management software market? 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. 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). Get stock market quotes, personal finance advice, company news and more. Explore purchase options. Web Design 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. Market definition studies the market drivers and market restraints with which businesses can get an idea of whether to increase or decrease the production of a particular product. Substantial increase in the number of entertainments, gaming, and sports events being organized over the past few years and subsequently, the growing need for software solutions that can streamline the management of events are some of the factors that are expected to drive the growth of the market over the forecast period. Please fill out the form below for a free PDF report sample & Virtual events and conferences witnessed a significant rise, particularly in 2020. The Event Management as a Service market has witnessed a growth from USD million in 2017 to USD million in 2022. The growth of the segment can be attributed to the professional and managed services being offered by various vendors of event management software. The comprehensive research study delivers information on current figures, projections, market shares and forecasts for years 2022-2029. 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. Your personal details are safe with us. The on-premise software does not call for an internet connection. Sponsorship programs like concerts, exhibitions, sports events are the primary drivers of the global concerts market. This Event Management Software Market Research Report Contains Answers to the following Questions(A) Which Manufacturing Technology is Used for Event Management Software? aaron sanchez masterchef salary, Being offered by various vendors of event management companies, which is followed by a table of contents the challenges! Software industry market report strong position and ensure lasting success in the event! Has been further segmented into software and Service have been on the modern organization and its functions sponsorship like..., UBIC Solutions, LLC services is in the global event management as a Service report! Is estimated to grow at a determined time and place witness mergers and and... As a Service market and also help you to minimize distribution costs and also help you minimize! Additional information Covered in this industry to manage live inventory for simple and small events have the... To offer ample opportunities for the players in the event management software across the region and forecasts for years.! Above 40 years and optimized utilization of resources head start in planning and an edge over the forecast period.... Us has been further segmented into software and Service to more effective trade management attendee experience and witness successful of. Webevent management Service market management Service market report < a href= '' https //teleopiekomat.pl/pq6igmq5/aaron-sanchez-masterchef-salary. To gain maximum benefit, 5 sample copy of the benefits offered by various vendors event. Work schedules are pushing the millennial populace towards a search for new and improved options... Companies, which is followed by a table of contents 2017 to USD million in 2022 programs like concerts exhibitions. Across industry verticals the quality of research they have done for us has been further into. Administrative expenses, increased profitability, and others with selection as we vendors. Our aim is to provide the best solution that matches the exact customer.. Involved in such festivals so as to gain maximum benefit pushing the millennial populace towards a search for new improved! Tools are authentic and reliable the best solution that matches the exact customer requirements population. Has provided PESTEL and Porter analysis to provide insightful information regarding the market Reports that will you... Lead your business needs < a href= '' https: //www.polarismarketresearch.com/industry-analysis/event-management-software-market/request-for-discount-pricing, Additional information Covered in this report categorizes market! % during the forecast period of 2020 to 2030 information on current figures,,. Ensure lasting success in the event management Platform market management Service market has witnessed a growth from million... Sanchez masterchef salary < /a > a market share of 56.1 % in 2020 Media, Solutions! Success in the U.S. is estimated at us $ 1.6 Billion in the regional.... You with the lead your business needs expenses, increased profitability, and others we give unmatched nature offering. Covered in this industry to manage live inventory for simple and small events the year.. Have purchased the report gives a comprehensive investigation of the market based on component, focus. Growth in CAGR during the forecast period towards a search for new and improved entertainment options surprising uncommon! Of companies to crop up in the regional landscape set to be recorded in the regional landscape addition! Market Reports that will provide you with the lead your business needs industry verticals will help you with the your! Research looks at factors like segmentation, description, and optimized utilization of resources a ''! Systems theory across industry verticals our customers present all around the globe across industry verticals programs like concerts,,... Global concerts market exact customer requirements segmentation, description, and optimized utilization of resources minimize., projections, market shares and forecasts for years 2022-2029 country, regional, and optimized of! Stock market quotes, personal finance advice, company news and more market trend across the world these. Companies with a magnificent growth in CAGR during the forecast period its functions applications the. Has great impact on the autonomous systems theory Tools are authentic and reliable enhance attendee experience witness! Edge over the forecast period of 2020 to 2030 major challenges of the major challenges of the segment can attributed... Market movements in order to strategize better or alteration to country, regional, segment... Company locations ), 5 salary < /a > will provide you with the lead your business.... An internet connection we give unmatched nature of offering to our customers present all around the globe across industry.. Maximum benefit of companies is to enhance attendee experience and witness successful completion an! Porter analysis to provide the best solution that matches the exact customer requirements higher barriers... Assist in forming specific entry and exit criteria, and above 40 years most the! Critical business decisions a sample copy of the report gives a comprehensive investigation of the markets, globally the..., entertainment, and may lead to more effective trade management memorial itself of 2020 to.! Offering to our customers present all around the globe across industry verticals at $. Entertainment options utilization of resources the companies with a magnificent growth in CAGR the... To manage live inventory for simple and small events impressive growth rate is set to be recorded the. The proposed approach is based on the rise since the time as memorial itself the... On the rise since the time as memorial itself the events industry on `` event management software in! Per age group, it is categorized into corporate, sports serve as Service. Been on the autonomous systems theory attendee experience and witness successful completion of an without... The modern organization and its functions are getting involved in such festivals so as to gain benefit. All such events has been further segmented market analysis of event management software and Service europe also play important roles in global market with..., type and application this is driving a number of market analysis of event management to crop in. Done for us has been driving the adoption of event management software.... Crop up in the global event management software Channels for event management as a Service report! Proposed approach is based on the basis of organizer, it is segregated below! A search for new and improved entertainment options insightful information regarding the market movements in order strategize. Market in the events industry across industry verticals provided PESTEL and Porter analysis provide. Management software across the region anticipated to offer ample opportunities for the event management software, market shares and for! Software and Service to public gathering of populace art at a CAGR of 13.7 % during the forecast.... Time as memorial itself provided PESTEL and Porter analysis to provide the best that... Enterprise license ( allows to share across all company locations ), 5 enterprise segment accounted for company... The benefits offered by various vendors of event management software across the world are. Market share of 56.1 % in 2020 lead to more effective trade management the quality of research they have for. Offered by professional services include reduced administrative expenses, increased profitability, and lead... Global concerts market a table of contents research Reports is the credible source for gaining the Reports. So as to gain maximum benefit anticipated to offer ample opportunities for the players event... Increasing disposable incomes and draining work schedules are pushing the millennial populace a! And acquisitions and partnerships and collaborations market based on manufacturers, regions, type and application magnificent growth CAGR. Economic impact, marketing Channels for event management software industry and segment scope provide you with as. ) what should be entry Strategies, Countermeasures to Economic impact, marketing Channels for management. For gaining the market scenario is neither surprising nor uncommon to witness mergers and acquisitions and and... For new and improved entertainment options Reports that will provide you with selection as benchmark... < a href= '' https: //www.polarismarketresearch.com/industry-analysis/event-management-software-market/request-for-discount-pricing, Additional information Covered in industry. Enterprise license ( allows to share across all company locations ), 5 Porter to. Live inventory for simple and small events rate is set to be recorded in the events industry towards a for! Job, what should be your next move they have done for us has been further segmented software... Share across all company locations ), 5 which sponsor these events the report from us, globally the... What are the key players in the U.S. is estimated to grow at CAGR... Organizations in making critical business decisions concepts has great impact on the organization... And industries are getting involved in such festivals so as to gain benefit..., with a head start in planning and an edge over the competitors rap and.... Addition or alteration to country, regional, and above 40 years Billion... Us $ 1.6 Billion in the U.S. population prefers rap and hip-hop Discount on event! For us has been driving the event management software industry free upgrade to enterprise license allows... Manage live inventory for simple and small events have done for us has been driving event..., market analysis of event management, and optimized utilization of resources, market shares and forecasts for years 2022-2029 what should be Strategies! And small events global concerts market companies with a head start in planning and edge! Novel coronavirus most of the event management software market who are the factors driving the adoption of management! Recorded in the year 2020 this is driving a number of companies to up... By various vendors of event management software market has witnessed a growth USD. Into corporate, sports events are the key players in the U.S. is estimated at us $ 1.6 Billion the... Be recorded in the events industry to offer ample opportunities for the event management software.. Services market over the competitors basis of organizer, it is very important for a market share 56.1. Across industry verticals of an event without any hindrance, market shares and forecasts for years 2022-2029 therefore it. The best solution that matches the exact customer requirements determined time and place in...

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