market analysis of event management

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. One of the most prominent events is Tomorrowland. 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. Event Management as a Service Market COVID-19 impact Analysis. Microsoft will lay off 10,000 workers. Need Discount? 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. We value your investment and offer free customization with every report to fulfil your exact research needs. MarketWatch provides the latest stock market, financial and business news. What are the factors driving the event management software market. 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. 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. In this paper, a new idea for risk evaluation and management is put forward. 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. Need to talk to an expert? Event planners and organizers are using gamification as a tool to engage attendees. With a CAGR of this market is estimated to reach USD million in 2029. Report further studies the market development status and future Event Management Tools Market trend across the world. The platform offers a real-time networking option that allows the attendees to book a seat and bond with people sharing similar interests. For this study, Grand View Research has segmented the global event management software market report based on component, service, professional service, deployment type, organization size, application, and region: Component Outlook (Revenue, USD Million, 2018 - 2028), Service Outlook (Revenue, USD Million, 2018 - 2028), Professional Service Outlook (Revenue, USD Million, 2018 - 2028), Deployment Type Outlook (Revenue, USD Million, 2018 - 2028), Organization Size Outlook (Revenue, USD Million, 2018 - 2028), Application Outlook (Revenue, USD Million, 2018 - 2028), Regional Outlook (Revenue, USD Million, 2018 - 2028). This is driving a number of companies to crop up in the regional landscape. 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. , Maleic Anhydride Market Trends. https://www.researchreportsworld.com/enquiry/pre-order-enquiry/22016054, https://www.researchreportsworld.com/enquiry/request-covid19/22016054, https://www.researchreportsworld.com/purchase/22016054, https://www.researchreportsworld.com/TOC/22016054, Event Management as a Service Market 2023 (New Report) Huge Demand, Growth Opportunities and Expansion by 2029 | 105 Pages Report, Dow drops more than 600 points as U.S. stocks end lower amid economic slowdown fears, Elon Musk depicted as liar and visionary in Tesla tweet trial, Dow down 600 points in final hour of trade after weak economic data, hawkish Fed remarks erase inflation cheer. Web Design 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. By revenue source, it is classified into ticket sale, sponsorship, and others. 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. Each of the concepts has great impact on the modern organization and its functions. A. Contact the source provider Comtex at editorial@comtex.com. , Maleic Anhydride Market Research The Event Management as a Service market has witnessed a growth from USD million in 2017 to USD million in 2022. 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. We also provide granular level analysis where segments are analysed on a singular level while offering key market forecasts, estimations, and analysis. The report gives a comprehensive investigation of the global Event Management as a Service market. Contemporary risk management is based on statistical analysis. 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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 market in North America is expected to grow considerably during the forecast period. 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. Final Report will add the analysis of the impact of COVID-19 on this industry. Our route-to-market analytics will help you to maximize your revenue generation. Polaris Market Research is a global market research and consulting company. WebThis section sheds light on the sales growth of different regional and country-level Event Management and Planning Software markets. The key stakeholders within the events market are corporate organizations, public organizations & NGOs. Furthermore, sports events have become more commercialized in the recent years. COVID-19 is an infectious disease caused by the novel coronavirus. The volatility in any one industry could therefore effect the event management service industry directly and hence could prove as a restrain. Another strong regional market is that of North America. The Asia-Pacific is estimated to grow at a CAGR of 13.7% during the forecast period. A. Starting with the dissection of the industry value chain, we provide complete research on distribution and vendor management. 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. Read our Privacy Policy. 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. What Will Be the Estimation of Cost and Profit? Identifying these patterns may assist in forming specific entry and exit criteria, and may lead to more effective trade management. The key players profiled in the report include Access Destination Services, BCD GROUP (BCD MEETINGS & EVENTS), ATPI Ltd., Riviera Events, Entertaining Asia, Live Nation Worldwide Inc., StubHub, Anschutz Entertainment Group, Pollstar, Cvent Inc., Capita Plc., Reed Exhibitions, Questex LLC, Outback Concerts, The Freeman Company, Penguins Limited, CL Events, Seven Events Ltd., Clarion Events Ltd, and Versatile Event Management. This Event Management Tools Market Research/Analysis Report Contains Answers to your following Questions. The comprehensive research study delivers information on current figures, projections, market shares and forecasts for years 2022-2029. Get in touch for your next super creative storytelling campaign. All Rights Reserved. The report provides an extensive analysis of the current and emerging events industry trends and opportunities. 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. Microsoft will lay off 10,000 workers. Complimentary 10 hours free analyst time for market review, 3. 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 Event management software can typically help large enterprises in connecting with investors and colleagues and conducting their annual events virtually, thereby driving the popularity of event management software among large enterprises. For example, support staff cost (No. This section sheds light on the sales growth of different regional and country-level Event Management and Planning Software markets. The global event management software market size reached US$ 5.0 Billion in 2021. The most popular events include conference & exhibition, corporate events & seminars, promotion & fundraising, music & art performance, sports, festival, trade shows, and product launch. Event management software allows businesses and educational institutes to design their events according to their requirements and execute those events virtually. North America, especially The United States, will still play an important role which cannot be ignored. The MarketWatch News Department was not involved in the creation of this content. The corporate segment is anticipated to expand at a CAGR of 13.2% from 2021 to 2028. WebPlimsoll Market Analysis for the Event Management Industry The 788 largest companies in the Event Management Industry are assessed, valued and rated on takeover Some key players operating in the event management software market include Cvent Inc.; Eventbrite; Zoho Corporation; Aventri Inc. b. 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. The emerging nations in the Asia-Pacific region such as China, India, Indonesia, Philippines, Thailand, and Malaysia are expected to grow at significant rates. 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. Should I ask his son for his share? online dashboard trial. Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2022-2029. These major players operating in this Market are in strong competition in terms of technology, innovation, product development, and product pricing. 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. What Youll Find Here Creativity Copywriting Storytelling Design Communication Production What Youll Find Here Creativity Copywriting 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. My brother died 10 months later. Regardless from where you have purchased the report, you can request an updated version of the report from us. 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. Event Management Services Market Segmented By services involve the planning, In addition, rock and pop music dominates most of the markets, globally while the U.S. population prefers rap and hip-hop.