[Latest] Global Event Management Software Market Size/Share Worth USD 22,022.4 Million by 2033 at a 11.8% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Event Management Software Market size & share revenue was valued at approximately USD 7,218.5 Million in 2023 and is expected to reach USD 8,070.3 Million in 2024 and is expected to reach around USD 22,022.4 Million by 2033, at a CAGR of 11.8% between 2024 and 2033. The key market players listed in the report with their sales, revenues and strategies are Cvent Inc., Eventbrite Inc., Aventri Inc., Bizzabo Ltd., EventMobi, Splash, Whova, Attendify, Hubilo, Hopin, Zoom Video Communications Inc. (Zoom Events), GoTo (LogMeIn Inc.) (GoToWebinar GoToMeeting), XING Events (XING SE), RegFox by Webconnex, Planning Pod, and others.
Austin, TX, USA, Dec. 09, 2024 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Event Management Software Market Size, Trends and Insights By Component (Software, Event Planning, Event Marketing, Venue & Ticket Management, Analytics and Reporting, Others, Services, Professional Services, Consulting, Deployment & Integration, Support & Maintenance, Managed Services, Others), By Deployment (Cloud-based, On-premises), By Enterprise Size (Small and Medium-sized Enterprise, Large Enterprise), By Application (Event Organizers & Planners, Corporate, Government, Education, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.
“According to the latest research study, the demand of global Event Management Software Market size & share was valued at approximately USD 7,218.5 Million in 2023 and is expected to reach USD 8,070.3 Million in 2024 and is expected to reach a value of around USD 22,022.4 Million by 2033, at a compound annual growth rate (CAGR) of about 11.8% during the forecast period 2024 to 2033.”
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Event Management Software Market: Growth Factors and Dynamics
- Digital Transformation: The event management software market is propelled by the widespread adoption of digital tools and platforms, enabling organizers to efficiently plan, promote, and execute events in a digital ecosystem.
- Rising Demand for Automation: Automation of event logistics, attendee registration processes, and marketing campaigns reduces manual workload, enhances operational efficiency, and appeals to organizers seeking streamlined event management solutions.
- Enhanced Customer Experience: Modern software solutions offer personalized event experiences, real-time updates, and mobile-friendly interfaces, significantly improving attendee engagement and satisfaction. This focus on enhancing the attendee experience drives demand among organizers aiming to deliver memorable events.
- Analytics and Insights: Advanced analytics tools provide deep insights into attendee behavior, event performance metrics, and return on investment (ROI), empowering organizers to make data-driven decisions and optimize future event strategies for better outcomes.
- Global Connectivity: Cloud-based event management platforms facilitate seamless collaboration among dispersed event teams and stakeholders worldwide. These platforms enable real-time access, updates, and scalability across different geographical locations, catering to global event management needs efficiently.
- Integration with IoT and AI: Incorporation of Internet of Things (IoT) devices and Artificial Intelligence (AI) capabilities enhances event management capabilities. Features such as smart venue management, attendee tracking, and personalized recommendations based on data insights attract tech-savvy organizers looking for innovative and efficient event solutions.
- Digital Transformation: The event management software market benefits from the widespread adoption of digital tools and platforms, enabling organizers to efficiently plan, promote, and execute events within a fully integrated digital ecosystem. This transformation not only enhances operational efficiency but also expands the scope for creative event experiences and personalized interactions, meeting the evolving expectations of both organizers and attendees alike.
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Event Management Software Market: Partnership and Acquisitions
- In 2024, Zoom and Swoogo have partnered to integrate Zoom Events’ virtual platform with Swoogo’s in-person event management technology. This collaboration aims to streamline hybrid events, enhancing engagement and enabling event organizers to effectively connect with larger and more diverse audiences across virtual and physical settings.
- In 2023, Whova expanded its event registration system to 39 countries, adding 16 new countries. This initiative aims to enhance global accessibility and expand its customer base worldwide, bolstering Whova’s capabilities to serve diverse international event management needs effectively.
- In 2022, Cvent, Inc. acquired Blackstone for USD 4.6 billion, leveraging Blackstone’s expertise in hospitality and events to enhance its offerings. The acquisition aims to drive business expansion and introduce innovative solutions to strengthen Cvent’s position in the events and meetings industry.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 8,070.3 Million |
Projected Market Size in 2033 | USD 22,022.4 Million |
Market Size in 2023 | USD 7,218.5 Million |
CAGR Growth Rate | 11.8% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Component, Deployment, Enterprise Size, Application and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Event Management Software report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Event Management Software report has been modified to include the COVID-19 impact study prior to delivery.)
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Event Management Software Market: COVID-19 Analysis
The COVID-19 pandemic has significantly impacted the Event Management Software Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:
- Decreased Demand: The pandemic caused widespread cancellations and postponements of physical events, significantly reducing the immediate demand for event management software designed for in-person gatherings.
- Shift to Virtual Events: The rapid adoption of virtual events surged during COVID-19, prompting a shift towards event management software that supports online event planning, live streaming, virtual networking, and attendee engagement in a digital environment.
- Adaptation to Hybrid Events: Software developers are enhancing platforms to seamlessly support hybrid events, integrating features for both virtual participation and in-person experiences to meet evolving event preferences.
- Focus on Health and Safety: Integration of health and safety features within event management software, such as capacity management tools, contactless check-ins, and health screening protocols, to reassure organizers and attendees alike.
- Enhanced Virtual Experience: Continued innovation in virtual event capabilities, including advanced virtual networking tools, interactive session formats, and virtual exhibition spaces, to replicate and enhance the engaging aspects of traditional in-person events.
- Data-driven Insights: Utilization of sophisticated analytics and reporting functionalities to provide organizers with actionable insights into attendee behavior, event performance metrics, and return on investment, enabling data-driven decision-making and event optimization.
- Resilient Infrastructure: Strengthening of cloud-based infrastructure and scalability to accommodate varying event sizes and requirements, ensuring reliable performance and flexibility for hosting virtual, hybrid, and potentially larger-scale physical events post-pandemic.
- Sustainability Initiatives: Embracing sustainability practices within event management software development, such as reducing carbon footprints through virtual options, promoting eco-friendly event planning solutions, and supporting green initiatives among event organizers and participants.
In conclusion, the COVID-19 pandemic has had a mixed impact on the Event Management Software Market, with some challenges and opportunities arising from the pandemic.
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Key questions answered in this report:
- What is the size of the Event Management Software market and what is its expected growth rate?
- What are the primary driving factors that push the Event Management Software market forward?
- What are the Event Management Software Industry’s top companies?
- What are the different categories that the Event Management Software Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Event Management Software market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Event Management Software Market – Regional Analysis
The Event Management Software Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: North America leads in adopting advanced event management software with a focus on integrated analytics for ROI optimization. There’s a trend towards personalized attendee experiences and sustainability initiatives in event planning, reflecting a mature market with a high demand for scalable solutions.
- Europe: Europe emphasizes regulatory compliance and data protection in event management software. Trends include the integration of AI for predictive analytics and customer relationship management (CRM) integration for enhanced attendee engagement. The market also shows a growing preference for virtual event solutions post-pandemic.
- Asia-Pacific: Asia-Pacific witnesses rapid adoption of cloud-based event management solutions, driven by the growth of corporate events and increasing digitalization. Trends include mobile-first platforms, localization of software to cater to diverse cultural preferences, and investments in AI-powered event technologies for personalized attendee experiences.
- LAMEA (Latin America, Middle East, and Africa): LAMEA regions are witnessing trends in mobile-centric event management solutions, facilitating remote participation, and real-time updates. There’s a rise in demand for software supporting cultural diversity, multi-language support, and local regulatory compliance, enhancing market penetration and meeting regional event management needs effectively.
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List of the prominent players in the Event Management Software Market:
- Cvent Inc.
- Eventbrite Inc.
- Aventri Inc.
- Bizzabo Ltd.
- EventMobi
- Splash
- Whova
- Attendify
- Hubilo
- Hopin
- Zoom Video Communications Inc. (Zoom Events)
- GoTo (LogMeIn Inc.) (GoToWebinar GoToMeeting)
- XING Events (XING SE)
- RegFox by Webconnex
- Planning Pod
- Others
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The Event Management Software Market is segmented as follows:
By Component
- Software
- Event Planning
- Event Marketing
- Venue & Ticket Management
- Analytics and Reporting
- Others
- Services
- Professional Services
- Consulting
- Deployment & Integration
- Support & Maintenance
- Managed Services
- Others
By Deployment
- Cloud-based
- On-premises
By Enterprise Size
- Small and Medium-sized Enterprise
- Large Enterprise
By Application
- Event Organizers & Planners
- Corporate
- Government
- Education
- Others
Click Here to Get a Free Sample Report of the Global Event Management Software Market @ https://www.custommarketinsights.com/report/event-management-software-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Event Management Software Market Research/Analysis Report Contains Answers to the following Questions.
- What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Event Management Software Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Event Management Software Market? What Was the Capacity, Production Value, Cost and PROFIT of the Event Management Software Market?
- What Is the Current Market Status of the Event Management Software Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Event Management Software Market by Considering Applications and Types?
- What Are Projections of the Global Event Management Software Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Event Management Software Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Event Management Software Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Event Management Software Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Event Management Software Industry?
Click Here to Access a Free Sample Report of the Global Event Management Software Market @ https://www.custommarketinsights.com/report/event-management-software-market/
Reasons to Purchase Event Management Software Market Report
- Event Management Software Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Event Management Software Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Event Management Software Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Event Management Software Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Event Management Software market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Event Management Software market analysis.
- The competitive environment of current and potential participants in the Event Management Software market is covered in the report, as well as those companies’ strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Event Management Software market should find this report useful. The research will be useful to all market participants in the Event Management Software industry.
- Managers in the Event Management Software sector are interested in publishing up-to-date and projected data about the worldwide Event Management Software market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Event Management Software products’ market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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