#EventManagementSoftwareMarket

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Event Management Software Market 2022 | Present Scenario and Growth Prospects 2032

As per the report published by FMI, the global event management software market is projected to have a rapid-paced CAGR of 14.1% during the forecast period. The current valuation of the market is US$ 7.75 billion in 2022. The market value of the cream cheese market is anticipated to reach a high of US$ 28.98 billion by the year 2032.

The event management software market is gaining rapid traction due to the growing need for event management solutions over the past few years due to the substantial increase in the number of gaming, entertainment, and sports events. Streamlining management is the key focus of the firms in this market.

According to the findings published by Billboard in June 2018, around 800 music fests are hosted in the U.S. alone, and these events attract over 32 million attendees. The need for efficient management of all such events has been driving the adoption of event management software across the region.

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FMI has analyzed that the majority of organizations are using events as a key strategy for launching new products or celebrating various events related to internal achievements and annual award ceremonies to name a few. Furthermore, corporate events are also a preferred mode for promoting a company or brand, or a product or service.

Organizations generally spend one-third of the company’s budget on events as these events could lead to an increase in sales and produce leads for future revenue generation or business. Hence, the event management software market is gaining traction during the forecast period.

Key Takeaways from Personal Fitness Trainer Market

The United States holds the highest share of the event management software market. In 2022, North America is anticipated to capture 45.0% of the global event management software market.

The Asia Pacific is likely to increase rapidly over the forecast period. Rising urbanization and the presence of established players boost regional demand for event management software.

From 2022 to 2032, the on-premise deployment category is expected to dominate the event management software market.

The Entertainment and Corporate Event Planner Segment recorded a high of 34.0% in the base year and is likely to account for the highest shares during the forecast period.

Small and Medium Sized Enterprises are expected to dominate the market based on organization size.

“Enterprises are having an increase in the budget for organization of elaborate events, which is producing more leads for revenue generation and creating lucrative opportunities for manufacturers in the event management software market.” – FMI Analyst

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Competition Landscape in the Event Management Software Market 

Leading industry companies are expected to concentrate on expanding their operations in Germany due to the increased adoption of event management software in this region.  Significant market players are anticipated to invest in R&D initiatives for improvising the software and providing cost-effective solutions to end-users and maintaining their competitiveness during the forecast period.

Cvent Inc., InEvent, Inc. Ungerboeck, Eventzilla are some key players in the combat boot market.

Recent Developments in the Event Management Software Market:

In February 2020, Certain, Inc., a provider of event automation software, partnered with EventOPS, a provider of strategic meeting management software.

In November 2020, Eventbrite announced the acquisition of ToneDen, a self-service social marketing platform. The acquisition was aimed at enabling creators to attract more audiences.

Key Segments in the Event Management Software Market

By Deployment:

Cloud

On-premise

By Enterprise Size:

Small & Medium Enterprises (SMEs)

Large Enterprises

By End User:

Event Management Companies

Travel & Hospitality Companies

Corporates

Government

Academic Institution

Others

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EVENT MANAGEMENT SOFTWARE MARKET ESTIMATED TO GROW AT A CAGR OF 12.0% DURING 2021-2026

Event Management Software Market size was valued at $5.1 billion in 2020, and it is estimated to grow at a CAGR of 12.0% during 2021-2026. Rising demand for event automation among marketers or organizers and the growing usage of social media for event marketing and event planning and increased adoption of advanced data analytics solutions is set to drive the market.

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Event Management Software Market Analysis 2021 and Development Strategies till 2028

The global event management software market is estimated to be worth more than US$ 26,736.8 Mn in terms of value by the end of 2028.

CMI’s Event Management Software Market statistics report provides concise information on the market, which is categorized by type (analytics software, event registration, event marketing, on-site technology, venue sourcing, and others) and forecast from 2021 to 2028. The Event Management Software market is being driven by the increasing usage of cloud platforms by sectors and corporations, as well as the growing number of smartphone users.

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The process of establishing and developing local and large-scale festivals, concerts, corporate events, ceremonies, and other events is known as event management. It entails activities including brand research, target audience segmentation, budgeting, scheduling, venue procurement, transportation, and parking. As a result, these applications necessitate a lot of paper and manual labor, which is a time-consuming task for event planners.

Major Key Players:

Cvent, Inc., Certain, Inc., Zoho Corporation, Zerista, etouches Inc., Gather Technologies Inc., EventBrite Inc., EventZilla, Xing Events, SocialTables¸ Bizzabo Inc., and Ungerboeck Software International

Market Trends:

• The use of cloud-based event software management systems is fast growing due to the numerous benefits they provide. At any time, cloud-based software management tools can be accessed from a remote place.

• Many businesses are boosting their event expenses in order to host more extravagant trade exhibits and corporate gatherings. The majority of companies use events as a primary strategy for launching new products, recognising internal achievements, and holding yearly award ceremonies, to name a few.

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Segments Covered:

By Enterprise Type: Small Enterprise, Medium Enterprise, Large Enterprise

By Deployment Type: On-premise, Cloud

By Component: Software (Event planning, Event marketing, Venue management, Analytics & Reporting, Others), Services (Professional Services, Managed Services)

By Industry Type: Corporate, Event Planner, Government, Education, Travel & Hospitality, Others

Regional Insights of Event Management Software Market:

North America: U.S., Canada

Latin America: Brazil, Argentina, Mexico, Rest of Latin America

Western Europe: Germany, U.K., France, Italy, and Rest of Western Europe

Eastern Europe: Poland, Russia, and Rest of Eastern Europe

Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, Rest of Asia Pacific

Middle East and Africa: GCC Countries, Israel,  South Africa, North Africa, Central Africa, Rest of Middle East

In the report, the following pointers are discussed:

Market Penetration: Provides key participants with a lot of information.

Market Development: Provides in-depth data research on profitable developing business sectors, as well as an examination of market penetration into mature business sectors.

Market Diversification: Detailed information on new item deliveries, unknown geologies, current events, and corporate objectives is provided.

Competitive Assessment & Intelligence: Examines several components of the overall industry, such as methods, products, accreditation, administrative endorsements, the patent scene, and the big players’ assembling abilities.

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Global Event Management Software Market Research Report 2021-2025

Event Management Software includes different types of Event Planning Software, Event Marketing Software, and Analytics and Reporting Software. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Event Management Software Report by Material, Application, and Geography ? Global Forecast to 2025 is a professional and comprehensive research report on the world?s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).

In this report, the global Event Management Software market is valued at USD XX million in 2021 and is projected to reach USD XX million by the end of 2025, growing at a CAGR of XX% during the period 2021 to 2025.

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The report firstly introduced the Event Management Software basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world?s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The major players profiled in this report include:

Hubilo

ACTIVE Network

Attendify

Aventri

Bizzabo

Certain

Cvent

Eventbrite

Ungerboeck Software

Arlo

XING Events

The end users/applications and product categories analysis:

On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-

Event Planning Software

Event Marketing Software

Analytics and Reporting Software

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Event Management Software for each application, including-

Corporate

Government

Association

Education

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Table of content

Table of Contents Part I Event Management Software Industry Overview Chapter One Event Management Software Industry Overview 1.1 Event Management Software Definition 1.2 Event Management Software Classification Analysis 1.2.1 Event Management Software Main Classification Analysis 1.2.2 Event Management Software Main Classification Share Analysis 1.3 Event Management Software Application Analysis 1.3.1 Event Management Software Main Application Analysis 1.3.2 Event Management Software Main Application Share Analysis 1.4 Event Management Software Industry Chain Structure Analysis 1.5 Event Management Software Industry Development Overview 1.5.1 Event Management Software Product History Development Overview 1.5.1 Event Management Software Product Market Development Overview 1.6 Event Management Software Global Market Comparison Analysis 1.6.1 Event Management Software Global Import Market Analysis 1.6.2 Event Management Software Global Export Market Analysis 1.6.3 Event Management Software Global Main Region Market Analysis 1.6.4 Event Management Software Global Market Comparison Analysis 1.6.5 Event Management Software Global Market Development Trend Analysis Chapter Two Event Management Software Up and Down Stream Industry Analysis 2.1 Upstream Raw Materials Analysis 2.1.1 Proportion of Manufacturing Cost 2.1.2 Manufacturing Cost Structure of Event Management Software Analysis 2.2 Down Stream Market Analysis 2.2.1 Down Stream Market Analysis 2.2.2 Down Stream Demand Analy

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Event Management Software Market Market Research Report

Global Event Management Software Market

The GMI Research speculates that the Event Management Software Market will encounter a bolstering demand over the forecast period. This is because of the ongoing efforts to harness data to get actionable perception and the mounting number of cultural events.

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Introduction of the Event Management Software Market

It refers to a platform that helps to manage all logistics resulting to and through an occasion. The software mechanizes and interprets the overall planning process. The solution emphasizes the properties of arranging post-event stages. It includes a variety of tools used to minimize time-consuming tasks and facilitate events management.

Key Players of Market:

Accelevents

Hubilo Technologies Inc.

Bizzabo

New Work SE

Aventri, Inc.

Hubb

Certain, Inc.

Ungerboeck

Eventbrite

Cvent Inc.

Event Management Software Market Dynamics

he factors energizing the growth of the global event management software market are the surge in internet connectivity on mobile phones, mount in a number of cultural programs such as social services and charity, collocated by the small and medium enterprises for the business program throughout the world.  In addition, the extension in the global market has persuaded vendors to direct the data for illegal purposes, which further adds to the market growth. Furthermore, the software needs to be incorporated with systems such as Customer Relationship Management (CRM), collaboration platforms, payment gateways, and accounting software to execute this data and business observation. Moreover, it allows enterprises to schedule the complete lifecycle of their events and business objectives, thus offering Chief Marketing Officers (CMOs) crucial business perceptions from the data cumulated via several business events. Besides this, the sudden spread of the coronavirus pandemic had a negative impact on market growth. This is mainly because of the huge effect on live shows and events as they suffered an extensive loss with the lockdown norms imposed across the nation. For example, the Event and Entertainment Management Association (EEMA) stated that the Indian live events industry, in March 2020, suffered a degeneracy of INR 3,000 crore during the lockdown.

However, as per the event management software market report, low knowledge concerned with the product across developing regions as a result of the insufficient skills and the need to tackle the accelerating number of cyber-attacks violating the security of the data will restrain the market growth. Moreover, the complications of integrating software with business systems are further hindering the event management software market size.

Components Segment Drivers

Based on components, services are anticipated to bolster at a higher rate over the coming years. The validation and continuance services help to review the customer problems. Also, software vendors have a dedicated support team to settle their problems. The providers concentrate on enlarging their product knowledge by asking for feedback via surveys and provide an enhanced experience to customers.

Regional Drivers

Based on the regional coverage, Asia-Pacific will sustain its supremacy over the coming years. The aggravating endorsement of this software in countries like India and China and the rigorous demand for better designs and varying products have impelled the market growth. Furthermore, the soaring population with rapid urbanizations is encouraging the establishment of infrastructure across the domestic and commercial sector, which has contributed to the Event Management Software Market Share.

Event Management Software Market Segmentation: Segmentation by Component

Software

Services

Professional services

Consulting

Deployment & integration

Support & maintenance

Managed services

Segmentation by Deployment type

Cloud

On-premises

Segmentation by Organization size

Small and Medium-sized Enterprises (SMEs)

Large Enterprises

Segmentation by End-users

Event organisers and Planners

Corporate

Government

Education

Others

Segmentation by Region:

Europe

Asia Pacific

North America

RoW

United Kingdom

Germany

France

Spain

Rest of Europe

China

Japan

India

Rest of APAC

United States of America

Canada

UAE

Brazil

South Africa

Saudi Arabia

About GMI Research

The market research and consulting enterprise imparts business perception and research reports to support clients in formulating strategic norms and attain a feasible growth in the market domain. The large team of GMI Organisation experts offer a comprehensive solution for the client. The market research reports include a complete analysis, which includes sophisticated prediction, competitive landscape, crucial factors impacting the market growth, and other perceptions to assist companies in making intended decisions.

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