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IMARC Group, a leading market research company, has recently released a report titled“ Event Management Software Market: Global industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 .” The study provides a detailed analysis of the industry, including the global
event management software market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Event Management Software Market?
The global event management software market size reached US$ 5.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.8 Billion by 2028, exhibiting a growth rate (CAGR) of 9.7% during 2023-2028.
What is Event Management Software?
Event management software (EMS) is a Software as a Service (SaaS) platform designed to streamline the organization of both business-to-business (B2B) and business-to-consumer (B2B) professional events. These events encompass a wide range, such as trade exhibitions, networking events, trade shows, round tables, industry conferences, expositions, and internal training sessions. Operated via the internet, this comprehensive system handles various aspects of event management, including project planning, scheduling, marketing, venue selection, procurement, audience engagement tools, floor planning, and billing. Additionally, EMS facilitates on-site operations like registration, badge printing, and event networking to enhance attendee participation. By enhancing interaction, improving data management, reducing manual workload, and supporting targeted activities, EMS ultimately helps minimize operational costs associated with event management.
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What are the Growth Prospects and Trends in the Event Management Software Industry?
An upsurge in the quantity of entertainment and industry-related events, coupled with the escalating necessity to streamline and automate their management, stands out as significant drivers propelling the growth of the global event management software market. Concurrently, to address expanding business needs for heightened customer engagement, quicker decision-making abilities, and improved actionable insights, numerous enterprises are embracing data-driven tools like EMS. This trend further fuels market expansion. Additionally, the increasing preference for cloud-based solutions as a cost-effective option for hosting virtual events, ensuring business continuity, and enhancing operational efficiency, particularly amidst the COVID-19 pandemic, emerges as another crucial catalyst for growth. Factors such as the pervasive presence of smartphones in daily life, the widespread adoption of social media platforms, the integration of various planning systems with the Internet of Things (IoT), and the ready availability of diverse subscription-based pricing models are anticipated to continue propelling market growth.
Who are the Key Players Operating in the Event Management Software Market?
The report has also analysed the competitive landscape of the market with some of the key players:
Active Network Bizzabo Ltd. RegPack Inc. Hubb Gather Technologies Eventbrite EMS Software LLC XING SE Cvent, RainFocus Inc. SignUpGenius Inc. Ungerboeck Software International Hubilo
What is Included in Market Segmentation?
The report has categorized the market based on component type, deployment type, organization size, end use sector and Region.
Breakup by Component Type:
Software Venue Management Software Ticketing Software Event Registration Software Event Marketing Software Event Planning Software Others Content Management Software Visitor Management Software Analytics and Reporting Software Resource Scheduling Software Others
Service Professional Services Deployment and Integration Consulting Support and Maintenance Managed Services
Breakup by Deployment Type:
Breakup by Organization Size:
Small and Medium Enterprises Large Enterprises
Breakup by End Use Sector:
Corporate Government Third-party Planner Education Mining Others
Market Breakup by Region:
North America (United States, Canada) Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others) Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others) Latin America (Brazil, Mexico, Others) Middle East and Africa
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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