Market Analysis Summary. This is the reason that demands for events music festivals, concerts, live events, and galas are growing a dizzying pace. 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. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. Pandemic disrupted the entire world and affected many industries. 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. Your personal details are safe with us. No purchase commitment. The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework. Professional services are particularly aimed at helping businesses in mitigating security gaps and strengthening the security measures to ensure effective implementation of event management software. online dashboard trial. Based on application, the market has been further segmented into event organizers and planners, government, corporate, education, and others. 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. Large enterprises often have a large corporate network and varied revenue streams. Chapter 3focuses on analyzing the current competitive situation in the Event Management Tools market and provides basic information, market data, product introductions, etc. We have segmented the global Event Management Software market according to type of product, application, and geography. The Event Management as a Service market has witnessed a growth from USD million in 2017 to USD million in 2022. Event Management as a Service Market COVID-19 impact Analysis. (B) Who Are the Global Key Players in This Event Management Software Market? Event management software allows businesses and educational institutes to design their events according to their requirements and execute those events virtually. What Are Challenges and Opportunities? 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. What Will Be Market Share, Supply and Consumption? Small and Medium Enterprises Large Enterprises. 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). The Event Management Software market in the U.S. is estimated at US$1.6 Billion in the year 2020. (C) What Was Global Market Status of Event Management Software Market? Various analytical methods such as Porters Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive The top events market stakeholders include corporations, public organizations, and NGOs. A notable increase in events of varied types is seen across the world. Recent Developments: In November 2020, Eventbrite acquired ToneDen, a self-servicing social marketing platform. Moreover, sponsoring an event increases reach among potential buyers and customers, which drives the sales. 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. Albany NY - 12207, United States, Downtown, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA, Copyright Transparency Market Research, Inc. All Rights reserved. of transactions increase. The primary and secondary resources we use are recognized by industry experts. 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. The prominent market players that dominated the global market in 2020 include Aventri Inc.; Cvent Inc.; Hubilo; Zoho Corporation; Eventbrite. The outbreak of the COVID-19 has been particularly driving the adoption of event management software. Some of the benefits offered by professional services include reduced administrative expenses, increased profitability, and optimized utilization of resources. 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. These market players are pursuing various strategic initiatives, such as mergers and acquisitions, and strategic partnerships and collaborations, as part of their efforts to cement their position in the market and gain a competitive edge. The Asia-Pacific is estimated to grow at a CAGR of 13.7% during the forecast period. , Maleic Anhydride Market Analysis 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. Privacy Policy*, State Tower, 90 State Street, Suite 700, Chapters 7-26 focus on the regional market. Ask For Sample Report. These major players operating in this Market are in strong competition in terms of technology, innovation, product development, and product pricing. We offer 100% free customisation with our Enterprise License!! , Data Science Platform, Tote And Ingredient Bags Packaging Market are expected to total US$ 41 Billion by 2032, Vacuum Skin Packaging Market Future Plans and Industry Growth with Quantitative And Qualitative Analysis, Strip Pack Laminates Market is set to thrive at a CAGR of 5.0% while projecting a value of USD 256.12 Million by 2032. Contact Us:Web :https://360researchreports.com/Email: [email protected]: 360 Research ReportsPhone: +44 20 3239 8187/ +14242530807, Community Association Management Software Market, Insurance Fraud Detection Software Market, Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Event Management Tools Market Growth, Size, Share, Opportunities, Industry Analysis and Forecast 2023 To 2029, COMTEX_422797344/2598/2023-01-17T00:26:12. The on-premise segment is anticipated to expand at a CAGR of 9.6% from 2021 to 2028. 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. 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. If you get fired from your tech job, what should be your next move? Copyright 2006 - 2021 PRnob Media, UBIC Solutions, LLC. 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. *Get Brochure (PDF) sent to your email within minutes. The digitization and the advent of DIY apps the event management service companies could face a challenge. Global Event Management as a Service Market Segmentation Analysis. What's Market Analysis of Event Management Software Market by Taking Applications and Types in Consideration? This industry is witnessing the entry of new and independent players who are leveraging technology to gain a competitive advantage in the todays consolidated environment. TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE. WebEvent Management Services Market: Global Industry Analysis and Forecast 2016 - 2022. https://www.alliedmarketresearch.com/events-industry-market The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. Please fill out the form below for a free PDF report sample & Based on component, the event management software market has been further segmented into software and service. The global events industry is segmented based on type, revenue source, organizer, age group, and region. The Event Management Software market in the U.S. is estimated at US$1.6 Billion in the year 2020. The report gives a comprehensive investigation of the global Event Management as a Service market. Hence, event management software can be particularly beneficial for event planners. 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. For instance, in November 2020, Eventbrite announced the acquisition of ToneDen, a self-service social marketing platform. The need for efficient management of all such events has been driving the adoption of event management software across the region. North America dominated the event management software market with a share of 45.0% in 2020. For example, support staff cost (No. Identifying these patterns may assist in forming specific entry and exit criteria, and may lead to more effective trade management. All Rights Reserved. Your transaction & personal information is safe and secure. Event Management Software Market Size Report, 2028. Thank you for requesting a call back, our sales representative will get in touch with you shortly! The report provides an extensive analysis of the current and emerging events industry trends and opportunities. 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. My brother died 10 months later. The cloud-based deployment also allows enterprises to run multiple marketing campaigns from different locations. In addition, rock and pop music dominates most of the markets, globally while the U.S. population prefers rap and hip-hop. T&C*. More companies and industries are getting involved in such festivals so as to gain maximum benefit. WebEconomic Analysis and Strategic Management Teece, David J. It is a low-cost solution that outperforms most composite applications in terms of price vs. performance. What are the Growth Factors & Major Segments Covered? What is the event management software market growth? The catering industry serves private, corporate, and non-profit events with food, drinks, event management and other services. See for yourself. For the historical and forecast period 2015 Complimentary 10 hours free analyst time for market review, 3. WebThe global event management market is segmented on the basis of component, solution type, deployment mode, platform type, organizational size, end user, and region. (Allied Market Research) 2. Start reading instantly.This Report and over 19,554+ more Reports, Available with Avenue Library. The global events industry is expected to grow at a CAGR of 11.2% from 2021 to 2028. The forecast period calculated in the global events industry report is from 2021 to 2028. Report further studies the market development status and future Event Management Tools Market trend across the world. 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. This has led to a surge in demands for event management services from house parties, exhibition, and homecomings to marriages. WebShiloh Event Management is a full service firm delivering event planning peace with event production, event marketing, & event management services. The most popular events include conference & exhibition, corporate events & seminars, promotion & fundraising, music & art performance, sports, festival, trade shows, and product launch. Different application fields have different usage and development prospects of products. European region is set to witness traction in these services over the forecast period owing to increasing number of music festivals regional and international. As per age group, it is segregated into below 20 years, 2140 years, and above 40 years. The large enterprise segment accounted for a market share of 56.1% in 2020. WebBased on component, the event management software market has been further segmented into software and service. Regardless from where you have purchased the report, you can request an updated version of the report from us. Based on deployment type, the market has been further segmented into cloud and on-premise. Key factors that are driving the event management software market growth include the growing need for software solutions that can streamline the management of events. We give unmatched nature of offering to our customers present all around the globe across industry verticals. These are some of the major factors that are expected to drive the growth of the corporate segment over the forecast period. Event planners and organizers are using gamification as a tool to engage attendees. The growth of the segment can be attributed to the security benefits, such as data transparency and security, associated with on-premise deployments. Get a FREE Brochure now! The proposed approach is based on the autonomous systems theory. This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period. The market of Event management services is largely segmented by different regions and experiences strong competition within the market and thus there are no clear event management services key players .But to name a few some of the key players are SFX Entertainment, ALDA events, YG entertainment, Skylight group and Live Nation Entertainment. 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. 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. From product releases to news conferences, businesses are producingsales activities to help them connect with customers (and potential clients). The report contains huge data, measurable information focuses, factual reviewing, SWOT analysis, chance assessment, genuine scene, common exploration, and future improvement prospects. What segments are covered Event Management as a Service Market report? We use cookies for a better user experience. The corporate segment is anticipated to expand at a CAGR of 13.2% from 2021 to 2028. As they compete to gain stronger foothold, market revenue is expected to shoot up. Region wise, Europe accounted for the highest revenue in 2019, as the region has been extremely successful in winning conferences of international associations with over half of the top cities and countries selected as destinations for international association conferences. A. The continued digital transformation across various industries and industry verticals is also expected to bode well for the growing adoption of event management software. In the report, the country-level analysis is also provided. A. United StatesPolaris Market Research recently published [115+ Pages] research report on,Event Management Software Market size & share analysis and forecast 2023 - 2032. The report scope of Event Management Platforms market provides crucial insights into the important segments and sub-segments along with in-depth analysis on the key individual factors influencing its growth rate. Event planners have to execute more events as compared to in-house planners. The Event Management Software report can also be used as a resource for distribution network management and partner selection. Recent Developments for Market Competitors. By 2023 Allied Market Research. Find out who are your target audience In the US, the party and event planning market size is worth $3.2 billion in 2022. 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. What about imports and Export? The report strives to maintain a comprehensive analysis and provide a regional assessment of the global market. 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 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. 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