Global Event Management Software Strategic Business Report 2023: Increased Involvement of Marketing in Event Planning Drives Growth

DUBLIN, June 27, 2023 /PRNewswire/ -- The "Event Management Software: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Event Management Software estimated at US$6.1 Billion in the year 2022, is projected to reach a revised size of US$14.8 Billion by 2030, growing at a CAGR of 11.7% over the analysis period 2022-2030.

Software, one of the segments analyzed in the report, is projected to record 10.4% CAGR and reach US$7.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 13% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 11.3% CAGR

The Event Management Software market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 11.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.3% and 12.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12% CAGR.

Select Competitors (Total 140 Featured) - 

• Active Network, LLC
• Aventri Inc.
• Bizzabo Ltd.
• Certain Inc.
• Cvent Inc.
• EMS Software LLC
• Eventbrite, Inc.
• Gather Technologies
• Hubb LLC
• Hubilo Inc.
• RainFocus, Inc.
• RegPack, Inc.
• SignUpGenius Inc.
• TryBooking Pty Ltd.
• Ungerboeck Software International Inc.
• Webconnex
• XING SE

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• Impact of Covid-19 and a Looming Global Recession
• Event Management Software: Leapfrogging the Pandemic for a Strategic Transformation Pursuit
• COVID-19 Effect on Global Event Activities: Estimated Percentage Change in Event Revenues for 1H 2020 over 1H 2019
• Select Major Events and Direct Losses (in US$ Million) due to Cancelations
• COVID-19 Crisis Similar to 2008 Financial Crisis for Event Industry
• 14 Major Events Cancelled or Deferred or Conducted Virtually due to COVID-19
• Event Management Software: Smart Platform for Efficient Coordination of Event Tasks
• Emergence of Hybrid Events
• Growing Significance of Events to Make Event Management Software a Vibrant Market in Long Term
• Regional Analysis: The US Maintains Emphatic Presence in Event Management Software Market
• World Event Management Software Market by Region (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
• World Event Management Software Market - Geographic Regions Ranked by CAGR (Sales) for 2020-2027: USA, Canada, Europe, China, Asia-Pacific, Middle East, Latin America, Japan and Africa
• Competitive Scenario
• Eventbrite: Most Popular Event Management Software
• Online Event Management and Booking Platforms: An Opportunity for Investors
• Recent Market Activity
• Select Global Brands
• Event Management Software - Global Key Competitors Percentage Market Share in 2022 (E)
• Top Event Management Software by Usage Percentage (2Q 2020) - Eventbrite, Cvent, Event Pro Planner, XING, Eventzilla, RegOnline, Splash and Others
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Trends Influencing the Event Management Software Industry
• Slow Ticketing for Maximizing Profits
• Collecting Data for Crowd-Shaping
• Opportunities to Unplug/Recharge
• Enhanced Security
• Increased Involvement of Marketing in Event Planning
• Purposeful and Engaging Content Design
• Advanced Technology
• Event Management Companies Adapting to Changes: Offer Video Conferencing Solutions while Transitioning to Virtual Platforms
• Eventbrite Engineers Self-Service Platform Experience to Reinvigorate Business Activity Post COVID-19 Impact
• Opportunity Indicators
• Tech Conferences/Events (Feb-June 2020): Virtual/Online Event Conversion Rate in % for Canceled Events
• 72 Leading Tech Conferences Scheduled between February & November 2020 Going Virtual: Status Update Post COVID-19 Concerns - Canceled, Postponed or Going Virtual
• Cyber Security Events (Mar-June 2020): Virtual Event Conversion Rate in % for Canceled Events
• 52 Select Cyber Security Conferences Scheduled between March & August 2020 Going Virtual: Status Update Post COVID-19 Concerns - Canceled, Postponed or Going Virtual
• Open Source Events (Mar-June 2020): Percentage Breakdown of Events by Current Status - Canceled, Postponed, Virtual, No Change
• Select Open Source Conferences Canceled, 14 Leading Linux and Open-Source Conferences Scheduled between March & June 2020 Going Virtual: Status Update Post COVID-19 Concerns - Canceled, Postponed or Going VirtualPostponed or Going Virtual After COVID-19 Pandemic Scare
• Building an Engaging Experience through AI tools and Automation
• Event Management Software Trends for Small & Mid-Size Organizations
• Media & Entertainment Emerges as Lucrative Segment of Event Management Software Market
• World Event Management Software Market by End-Use Sector (2020): Percentage Breakdown of Revenues by Segment
• Demand for Cloud-based Event Management Software
• World Event Management Software Market by Deployment (2012 & 2027): Percentage Breakdown by On-Premise and Cloud
• Enhanced Internet Network Capabilities to Support Large Scale Adoption of Event Management Software
• Breakdown of Internet Users (in %) by Region: Q1 2020
• Internet Penetration Rate (%) in Select Countries: April 2020
• Fixed Broadband Speed (in mbps) in Select Countries: April 2020
• Availability of Event Management Applications for Smartphones to Drive Growth
• Worldwide Smartphone Sales (in Million Units) by Geographic Region/Country for the Years 2018 & 2022
• Smartphone Adoption Worldwide by Region (in %): 2018 & 2025
• Surging Smartphone Penetration: Smartphone Users as % of Global Population for the Period 2018-2022
• Companies Focus on Events as Marketing Channel
• Adverse Impact on Hotels amid COVID-19 Induced Setback to Events Industry
• Concerns Regarding Integration of Event Management Software with Existing Systems

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/bwz7ft

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