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Event Management Software - Global Strategic Business Report

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    Report

  • 604 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804952

Global Event Management Software Market to Reach $11.9 Billion by 2030

The global market for Event Management Software estimated at US$6.5 Billion in the year 2023, is projected to reach a revised size of US$11.9 Billion by 2030, growing at a CAGR of 7.8% over the analysis period 2023-2030.

Event Management Software, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$6.7 Billion by the end of the analysis period. Growth in the Event Management Services segment is estimated at 9.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 8.7% CAGR

The Event Management Software market in the U.S. is estimated at US$2.3 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 6.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 159 Featured)

  • Cisco Systems, Inc.
  • Accruent LLC
  • ACTIVE Network LLC
  • Eventbrite, Inc.
  • Acuity Scheduling, Inc.
  • Eventbee Inc.
  • Allcal - All Calendars LLC
  • Attendease Software Corporation
  • Billetto UK Ltd
  • Boomset, Inc.
  • Brushfire Technology
  • ClearEvent Inc.
  • Evenium
  • Event Espresso, LLC
  • Artemis Media

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Growing Significance of Events Making Event Management Software a Vibrant Market: Global Prospects and Outlook
  • Worldwide Event Management Market (2020 and 2024E): Types of Events Organized - In-Person, Virtual and Hybrid (In %)
  • Event Horizon: Navigating the Future of Event Management in the Digital Era
  • The Engagement Imperative: Crafting Captivating Virtual Environments
  • Virtual Events: Select Statistical Data of Companies and Marketers
  • Global Event Management Market (2024E): Popularity of Webinars by Type of Companies (in % Share)
  • Reconnecting in Real Time: The Robust Return of In-Person Events in Business and Entertainment
  • In-Person Events (2024E): Select Statistical Data of Consumers and Respondents
  • Hybrid Events: Redefining Engagement and Accessibility in Events
  • Adoption and Investment in Hybrid Events (2024E): Preference & Opinion of Marketers/Planners/Companies
  • Integration of Chatbots in Event Management Software: A Key Trend Influencing the Market
  • Influence of Automation on Event Management Software Market
  • Impact of Increasing Number of Events on the Market
  • Technological Evolution: Catalyst for Event Management Software Progress
  • Event Management Industry: Organizers and Experts Vote (January 2024)
  • Increasing Influence of EMS in the Media and Entertainment Industry
  • Challenges in the Event Management Software Market
  • Cybersecurity Risk Management: A Strategic Approach for the Events Industry
  • Regulatory Impacts on the Event Management Software Industry
  • Navigating Compliance in a Dynamic Regulatory Environment
  • Incorporation of Generative AI and IP Considerations: Opportunities and Risks
  • Embracing the Future: The Enduring Appeal of Virtual and Hybrid Events
  • Event Management Industry: Growing Virtual Fatigue Gives Way to In-Person Events (January 2024)
  • Expense Management in Events (2024E): Percentage Share of Common Expenses for In-Person Events (In %)
  • Analysis by Component
  • World Event Management Software Market by Component (2024 & 2030): Percentage Breakdown of Revenues for Software, and Services
  • Analysis by Deployment
  • World Event Management Software Market by Deployment (2024 & 2030): Percentage Breakdown of Revenues for On-Premise, and Cloud
  • Analysis by End-Use
  • World Event Management Software Market by End-Use (2024 & 2030): Percentage Breakdown of Revenues for Event Organizers & Planners, Corporate, Government, Education, and Other End-Uses
  • Regional Analysis
  • World Event Management Software Market by Region (2024 & 2030): Percentage Breakdown of Revenues for Developed and Developing Regions
  • World Event Management Software Market - Geographic Regions Ranked by CAGR (Revenues) for 2023-2030: China, Asia-Pacific, USA, Europe, Middle East, Latin America, Canada, Africa and Japan
  • Competitive Scenario
  • Key Themes from the Competitive Dynamics
  • Eventbrite: The Leading Global Event Planner
  • SWOT Analysis of Leading Competitors
  • Risks in Event Management Industry: Companies to Adopt Risk Mitigation Strategies, Leverage Technology and Enhance Operational Efficiencies
  • Select Innovations & Advancements
  • Event Management Software - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Economic Update
  • Although Declining for the First Time Since the Russia-Ukraine War, Global Oil Prices Still Remains Higher Than 2019 Levels Which In Turn Will Take Inflation Longer Than Expected to Fall: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 through 2024
  • Global Economy Slowly Limps Towards Recovery, Resiliently Navigating the War & Decades-High Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Event Management Software: Leapfrogging the Pandemic for a Strategic Transformation Pursuit
  • COVID-19 Crisis Similar to 2008 Financial Crisis for the Events Industry
  • Post-Pandemic Events Landscape
  • Organizers Concern from COVID Pandemic Seen Subsiding (January 2024)
  • Event Management Software: Smart Platform for Efficient Coordination of Event Tasks
  • Event Technology: A Prelude
  • Navigating Event Technology to Enhance the Next Event
  • Event Management Software: An Overview
  • Categories of Event Management Software (EMS)
  • Streamlining Event Planning: The Role of Software Solutions
  • Factors to Consider for Selecting Right Event Management Software
  • Risks Associated with Suboptimal Event Management Software Selection
  • Corporate Meeting Management Software: An Analysis
  • Navigating the Complexities of Event Management Software
  • Recent Market Activity
  • Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Navigating the Future: Leveraging Event Technology Trends in the Event Management Software Industry
  • The Rise of Online Registration and Contactless Verification in Event Management
  • Revolutionizing Event Planning: The Power of Event Management Software
  • Pandemic Effect and Post COVID Scenario in the Events Planning Vertical
  • Emerging Trends for Event Planners
  • Evolving Strategies for Standout Success of Event Planners
  • Transformative AI Technologies in Event Planning
  • Transformation of Event Planning through AI Integration
  • Event Planning with Innovative AI Technologies
  • AI-Driven Transformation in Event Planning: Innovations and Prospects
  • Transforming Event Management: The Impact of Live Streaming and Live Translation Technologies
  • Enhancing Security, Engagement, and Experience in Event Management through Technology
  • Opinion of Event Organizers & Attendees on Importance of Event Technology (January 2024)
  • Navigating the Complexities of Modern Event Technology
  • Digital Technology in Organizing Events (2024E): Usage Percentage by Type of Digital Technology (In %)
  • Event Management Software Trends for Small & Mid-Size Organizations
  • Trends in the Events Industry Impacting the Business Meetings
  • Evolving Trends and Future Directions in the Event Industry
  • Impact of AI on Event Management: A Comprehensive Analysis
  • Corporate Event Management (2024E): Future Strong for Holding Hybrid Meetings - Managers Mandate
  • Artificial Intelligence in Event Management: Enhancing Efficiency and Experience
  • AR/VR, AI Chatbots, and Mobile Event Apps Impact the Event Management Industry
  • Enhanced Internet Network Capabilities to Support Large Scale Adoption of Event Management Software
  • Global Internet Usage: Number of Internet Users (in Billion) and Internet Penetration Rate (in %) for the Years 2015 through 2024E
  • Breakdown of Internet Users (in %) by Region: 2024E
  • Availability of Event Management Applications for Smartphones to Drive Growth
  • Smartphone Penetration (as a Proportion of Total Mobile Users) by Region for the Years 2018 and 2025
  • Event Management Challenges and Strategies to Overcoming Them
  • Event Technology Budget (2024E): Managers Mandate on Budget Allocation
  • Maintaining Budgetary Allocation Becoming Challenging for Organizers (January 2024)
  • Strategic Approaches to Overcoming Event Management Hurdles in Regulated Sectors
  • Challenges Facing the Virtual Events Market
  • Maximizing Potential: Harnessing Analytics and Enhancing Engagement in Virtual Events
  • Challenges in Organizing Virtual Events (2024E): Organizers Take
  • Challenging Landscape of AI in Event Planning
  • EXECUTIVE/INFLUENCER INSIGHTS & CITATIONS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Event Management Software Market Analysis of Annual Sales in US$ Thousand for Years 2018 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Event Management Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Event Management Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • Table 4: World 12-Year Perspective for Event Management Software by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2018, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • Table 7: World 12-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2018, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • Table 10: World 12-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2018, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • Table 13: World 12-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2018, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • Table 16: World 12-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2018, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Event Organizers & Planners by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Event Organizers & Planners by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • Table 19: World 12-Year Perspective for Event Organizers & Planners by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2018, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Corporate by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Corporate by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • Table 22: World 12-Year Perspective for Corporate by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2018, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • Table 25: World 12-Year Perspective for Government by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2018, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Education by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Education by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • Table 28: World 12-Year Perspective for Education by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2018, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • Table 31: World 12-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2018, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Event Management Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Pandemic Impact on Event Management Industry
  • Cancellation of Events Shifting Attention to Web Conferencing
  • COVID-19 Effect on Global and USA Concerts: Estimated Percentage Change in Concerts by Events, Fans and Tickets for 1H 2020 over 1H 2019
CANADA
  • Event Management Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Canada for 2024 (E)
JAPANCHINA
EUROPE
  • Event Management Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Event Management Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Cisco Systems, Inc.
  • Accruent LLC
  • ACTIVE Network LLC
  • Eventbrite, Inc.
  • Acuity Scheduling, Inc.
  • Eventbee Inc.
  • Allcal - All Calendars LLC
  • Attendease Software Corporation
  • Billetto UK Ltd
  • Boomset, Inc.
  • Brushfire Technology
  • ClearEvent Inc.
  • Evenium
  • Event Espresso, LLC
  • Artemis Media