By Your personal details are safe with us. 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. 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. 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. What are the Growth Factors & Major Segments Covered? You can also contact MarketWatch Customer Service via our Customer Center. Our route-to-market analytics will help you to maximize your revenue generation. Event management companies have been on the rise since the time as memorial itself. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. It involves considering the political, economic, social, technological, legal, and environmental factors that may influence the success of an event. 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. (Allied Market Research) 2. Get a free copy if the report you purchased is updated within 90 days. Avail customized purchase options to meet your exact research needs. In the US, the party and event planning market size is worth $3.2 billion in 2022. We value your investment and offer free customization with every report to fulfil your exact research needs. Thank you for requesting a call back, our sales representative will get in touch with you shortly! 26 / 3 (Spring 1984): 87-110 *: The purpose of this article is to explain why economic analysis has until recently The report gives a comprehensive investigation of the global Event Management as a Service market. , Maleic Anhydride Market Trends. The New Report for Global Event Management as a Service Market(2023-2029) Research Report | Event Management as a Service Market Report Provides by Type Such as Corporate Events Management Service, Association Events Management Service, Not-for-profit Events Management Service, By Application Such as Corporate Organizations, Individual Users, Public Organizations and NGOs, Others, Also Provide Key Payers. United StatesPolaris Market Research recently published [115+ Pages] research report on,Event Management Software Market size & share analysis and forecast 2023 - 2032. The report contains huge data, measurable information focuses, factual reviewing, SWOT analysis, chance assessment, genuine scene, common exploration, and future improvement prospects. of employees increases when no. In 2017, the global Event Management Software market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025. The 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. WebShiloh Event Management is a full service firm delivering event planning peace with event production, event marketing, & event management services. The MarketWatch News Department was not involved in the creation of this content. We have sufficient domain knowledge and expertise in supply chain management to provide the best route-to-market analytics. Global Event Management as a Service Market Segmentation Analysis Global Event Management as a Service Market forecast report provides a holistic evaluation of the market. Global Event Management as a Service Market forecast report provides a holistic evaluation of the market. 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. The digitization and the advent of DIY apps the event management service companies could face a challenge. Read our Privacy Policy. WebEconomic Analysis and Strategic Management Teece, David J. What's Their Company Profile, Their Product Information, and Contact Information? Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2022-2029. SMEs are also opting for cloud-based event management software as part of the strong emphasis they are putting on digitization. This enables them to cement a strong position and ensure lasting success in the global Event Management Software market. The Event Management Software market in the U.S. is estimated at US$1.6 Billion in the year 2020. Events are playing a vital role in revenue generation and brand equations for corporates and associations. It is a low-cost solution that outperforms most composite applications in terms of price vs. performance. It contains 105 pages with detailed analysis, which is followed by a table of contents. For more details, please read our privacy policy. Event organizers are typically using innovative gamification methods, such as Question and Answer (Q&A) engagement, social media engagement, teamwork games, social programs, and networking games. Recent Developments: In November 2020, Eventbrite acquired ToneDen, a self-servicing social marketing platform. *Get Brochure (PDF) sent to your email within minutes. Event Management Software market research report studies key opportunities in the market and influencing factors which is valuable for businesses. Microsoft will lay off 10,000 workers. 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. Stay abreast of your interest areas. Copyright 2023 Grand View Research, Inc. All rights reserved. Event management software allows businesses and educational institutes to design their events according to their requirements and execute those events virtually. , Maleic Anhydride Market Size Datanyze helps you reach more than 34,264 contacts that are using Event Management , including Walmart Amazon.com Apple The analysis of the behavior of attendees is also helping organizations in making critical business decisions. 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. The Asia-Pacific is estimated to grow at a CAGR of 13.7% during the forecast period. The report covers all the landscapes of the industry with a dedicated study of key players that contain market leaders, new entrants, and followers. Get a FREE Brochure now! In the event management business, the variable cost increases as the transactions increase. Who are the key players in Global Event Management as a Service Market? A host of other trends and drivers are also ensuring growth in the global event management services market. 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. Find out who are your target audience Im now clean and sober: My late father left me 25% of his estate, and my wealthy brother 75%. The cloud segment dominated the market in 2020 and accounted for a revenue share of more than 58.0%. The analysis aims to specify market sizes in individual sections and countries in preceding years and forecast the worth in the subsequent years. 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. Copyright Persistence Market Research. Some of these are growing disposable income, leading to higher demands for such events, and innovation in event organization. Global Event Management as a Service Market Segmentation Analysis. For instance, in April 2020, Hubilo announced the launch of its new virtual event platform designed to help the incumbents of the media and entertainment industry in overcoming the losses encountered due to the cancellation of live events. The event organizers and planners segment accounted for a market share of more than 34.0% in 2020. Jan 17, 2023 (The Expresswire) -- Market is changing rapidly with the ongoing expansion of the industry. 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. 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. Another strong regional market is that of North America. 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 on-premise software does not call for an internet connection. Subsequently, while organizations are getting in a better position to align the complete lifecycle of the events with their business objectives, Chief Marketing Officers (CMOs) are managing to gain crucial business insights from the business events. On the basis of organizer, it is categorized into corporate, sports, education, entertainment, and others. Event Management Software Market To Register A Strong Growth Rate During The Forecast to 2023-2032. Free trial, before you make a purchase decision. 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. WebWhether 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. b. Conversely, the focus of companies is to enhance attendee experience and witness successful completion of an event without any hindrance. 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). 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. Get A Special pricing for start-ups and universities. Moreover, deployment of best-in-class technology that can handle the entire event propels the industry growth. 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