Press release
Events Market To Witness Excellent Growth by 2026
The global events industry size was valued at $1,100 billion in 2018, and is expected to grow at a CAGR of 10.3% to reach $2,330 billion by 2026.Events refer to public gathering of populace art a determined time and place for a purpose. The purpose for staging an event can be increase in business profitability, celebratory, entertainment, and community causes. The most popular events include conference & exhibition, corporate events and seminar, promotion & fundraising, music & art performance, sports, festival, trade shows, and product launch. The key stakeholders within the events market are corporate organizations, public organizations & NGOs, and similar others.The major players profiled in the report are Access Destination Services, BCD GROUP (BCD MEETINGS & EVENTS), ATPI Ltd., Riviera Events, Entertaining Asia, Live Nation Worldwide Inc., StubHub, Anschutz Entertainment Group, Pollstar, Cvent Inc., Capita Plc., Reed Exhibitions, Questex LLC, Outback Concerts, The Freeman Company, Penguins Limited, CL Events, Seven Events Ltd., Clarion Events Ltd., and Versatile Event Management.
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The growth of the global events industry is majorly driven by upsurge in frequency of corporate meetings, inductions, conferences, exhibitions, music concerts, and sports events. Furthermore, deployment of best-in-class technology that can handle the entire event propels the industry growth. Moreover, customarily held multidimensional events acts as a key driver of the global events market. In addition, sponsorships from various brands such as Redbull, Monster Energy, Nike, Cocoa Cola, and others for a major global three-day festival down as well as a small gig or act in a social club or arena boost the market growth. Introduction of new media platforms and distribution methods further offers scope for giants to interact and organize events involving artists, performers, speakers, and business coaches. However, higher entry cost and industry fragmentation are some of the major restraints of the industry.
The global events market is segmented into type, revenue source, organizer, and age group. Based on type, the market is divided into music concert, festivals, sports, exhibitions & conferences, corporate events & seminar, and others. On the basis of revenue source, it is segregated into ticket sale, sponsorship, and others. As per organizer, it is categorized into corporate, sports, education, entertainment, and others. By age group, it is fragmented into below 20 years, 21–40years, and 41 years & above.
The report highlights the drivers, restraints, opportunities, and growth strategies adopted by the key players to understand the dynamics and potential of the industry. Key players operating in the events industry are profiled to provide a competitive landscape of the marketspace.
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KEY SEGMENTS
• By Type
o Music Concert
o Festivals
o Sports
o Exhibitions & Conferences
o Corporate Events & Seminar
o Others
• By Revenue Source
o Tickets
o Sponsorship
o Others
• By Organizer
o Corporate
o Sports
o Education
o Entertainment
o Others
• By Age Group
Below 20 Years
21–40 Years
41 Years & Above
Table of Content:
Global “Global Events Market” Research Report 2019-2025
Chapter 1: Industry Overview
Chapter 2: Events International and China Market Analysis
Chapter 3: Environment Analysis of Events
Chapter 4: Analysis of Revenue by Classifications
Chapter 5: Analysis of Revenue by Regions and Applications
Chapter 6: Analysis of Events Revenue Market Status.
Chapter 7: Analysis of Events Industry Key Manufacturers
Chapter 8: Sales Price and Gross Margin Analysis
Chapter 9: Marketing Trader or Distributor Analysis of Events Market
Chapter 10: Development Trend of Events Industry 2019-2025
Chapter 11: Industry Chain Suppliers of Events with Contact Information
Chapter 12: New Project Investment Feasibility Analysis of Events
Chapter 13: Conclusion of the Global Events Market Research Report
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