Event Management Software Industry Worth Over $14 Billion by 2026 | Global Market Research Report, 2022 | Gamifying Events to Engage a Larger Audience – ResearchAndMarkets.com


DUBLIN–(BUSINESS WIRE)–The “Event Management Software Market with Impact of COVID-19, by Component (Software (Event Registration and Ticketing, Content Management) and Services), Deployment Mode, Organization Size, End User, and Region – Global forecasts until 2026″ report has been added to from ResearchAndMarkets.com offer.

The global event management software market is expected to grow from USD 7 billion in 2021 to USD 14.1 billion by 2026, at a compound annual growth rate (CAGR) of 14.9% during the forecast period. forecast.

Event management software helps organizations track all the moving parts of their event to help their event run more smoothly. It also helps organizations automate various processes, including sourcing, coordination, event planning, venue management, expense tracking, marketing, and data analytics, across the lifecycle. of their events. This helps companies manage these processes from a centralized platform, allowing them to improve their operational processes and increase their marketing leads from events.

By component, the service segment is expected to grow at the highest CAGR during the forecast period

By component, the service segment is expected to grow at a higher growth rate during the forecast period. Services are necessary to facilitate the deployment, integration and proper functioning of the software. The services segment has been subdivided into professional services and managed services. The increasing pressure on event management service providers to remain competitive in the market is leading to an improvement in the quality of service provided to clients.

By Services, the professional services segment to hold the largest market size

The professional services segment is expected to hold a larger market size. These services include deployment and integration services, consulting, support and maintenance. Professional Services provides an expert level of deployment, integration, consulting, support, and maintenance services for the correct installation of specific software on-premises or in the cloud.

By mode of deployment, Cloud segment is expected to grow at the highest CAGR during the forecast period

The Cloud segment is expected to grow at the highest CAGR during the forecast period. Cloud-based solutions are delivered directly through network connectivity deployed in the cloud. These solutions reduce overall costs while providing highly flexible and scalable access to event management solutions through IT infrastructure hosted by cloud service providers.

Research coverage

The event management software market is segmented by component, mode of deployment, organization size, end user and region. A detailed analysis of key industry players has been undertaken to provide insight into their business insights; solutions and services; key strategies; new product launches and product enhancements; partnerships, acquisitions and mergers; business agreements and expansions; and the associated competitive landscape within the event management software market.

The following major vendors are featured in the report:

  • Cvent (USA)

  • Aveni (USA)

  • Eventbrite (US)

  • Ungerboeck (USA)

  • Hopin (UK)

  • XING Events (Germany)

  • Bizzabo (USA)

  • Some (US)

  • Rain Focus (USA)

  • ACTIVE Network (USA)

  • Eventzilla (USA)

  • Evolution of the meeting (United States)

  • EventMobi (Canada)

  • Zoho (India)

  • Regpack (USA)

  • Event Booking (US)

  • Bitrix24 (US)

  • Arlo (UK)

  • webMOBI (USA)

  • Triple seat (US)

  • Hubilo (USA)

  • About (US)

  • Hubb (USA)

  • Accelevents (USA)

  • Paste (US)

  • idloom (Belgium)

  • Event Index (US)

  • Event Hall (Canada)

  • Whova (USA)

  • Airmeet (USA)

Market dynamics

  • Drivers

    • COVID-19: A Catalyst to Accelerate the Adoption of Virtual Events

    • Increased demand for managing large volumes of data and automating event management tasks

    • Critical need to save time and money with real-time data analysis

    • Rise in demand to capture actionable business insights from events

    • Growth in the use of social media for event marketing

  • Constraints

    • Difficulty integrating event management software with business systems

    • High initial cost associated with event management software

  • Opportunities

    • Gamification of events to engage a wider audience

    • Growing inclination towards adopting AI and ML in event management

  • Challenges

    • Large gap between the offers of the organizers and the needs of the participants

    • Lack of knowledge of event management software

Case study analysis

  • NEC Corporation Showcases Proven SaaS Solutions to Customers Through Virtual Events on Cvent Platform

  • HLB designed a virtual event with the Aventri virtual event platform

  • Glassdoor used Hopin for its first all-virtual sales launch

  • Acronis evolves its hybrid event strategy with Bizzabo

Premium Previews

  • Growing demand for event management software solutions would meet the high demand from organizers and event planners

  • Software to Recognize Greater Market Share Over the Forecast Period

  • Support and maintenance segment will be the largest market during the forecast period

  • On-premises deployment to account for larger market share over the forecast period

  • The large enterprise segment will account for a larger market share during the forecast period

  • Segmentation of organizers and event planners to account for the largest market share during the forecast period

  • Asia-Pacific will become the best market for investment in the next five years

For more information on this report, visit https://www.researchandmarkets.com/r/lnsgqz


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