Wedding Venue Service Market 2020: Soaring Demand Assures Motivated Revenue Share by 2025 | Analysis by WeddingWire, ACO Media, City Club, Events by Knight, Fort Myers, Function Fixers

BusinessIndustryReports has recently broadcasted a new study to its broad research portfolio, which is titled as "Global Wedding Venue Service Market" Research Report 2020 provides an in-depth analysis of the Wedding Venue Service with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house). The research study examines the Wedding Venue Service on the basis of a number of criteria, such as the product type, application, and its geographical presence.

Global Wedding Venue Service Market Overview:

The Global Wedding Venue Service Market is anticipated to attain substantial growth by the end of the forecast period (2020-2025). The Global Wedding Venue Service Market report explains that this business is predicted to register a noteworthy growth rate over the forecast period.

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The Global Wedding Venue Service Market is segmented on the basis of Type, Application and Region. Wedding Venue Service market is cover distinctive segment market estimate, both volume and value, also cover diverse businesses customers' data, which is imperative for the makers.

Based on the Type, the Global Wedding Venue Service Market is sub-segmented into Winery, Garden, Church and others. On the basis of Application, the Global Wedding Venue Service Market is classified into Wedding, Corporate Events and others.

In terms of the geographic analysis, The Wedding Venue Service Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Wedding Venue Service Market ecosystem results in the increasing adoption of these systems in North America.

Top Business News:

WeddingWire - XO Group, Inc. to Become Privately Held Company and Merge with WeddingWire, Accelerating Growth within Global Wedding Industry - XO Group Inc (NYSE:XOXO), the operator of The Knot, a leading digital marketplace connecting engaged couples with wedding professionals, today announced that it has signed a definitive agreement whereby XO Group will become a privately held company and merge with WeddingWire, Inc. in a transaction valued at $933 million. Under the terms of the agreement, XO Group shareholders will receive $35.00 per share in cash, representing a 44% premium to XO Group's 12-month average closing price and a 27% premium to XO Group's closing price as of Monday, September 24, 2018. XO Group's Board of Directors has unanimously approved the transaction, which is expected to close in the first half of 2019. Upon closing, the combined company will be owned by the Permira Funds and Spectrum Equity, who are current investors in WeddingWire.

The combined company will maintain both brands, The Knot and WeddingWire, as separate consumer products so that couples can continue to enjoy both offerings, while delivering enhanced value to wedding professionals and partners across the globe. Following closing, XO Group CEO Mike Steib and WeddingWire CEO Tim Chi will serve as co-CEOs of the combined company.

"This is a proud day for XO, a tribute to the dedication of the amazing people at this company, a terrific outcome for our stockholders, and another positive step towards our mission of serving the couples and wedding pros we love," said Mike Steib, XO Group CEO.

"Eleven years ago, we started WeddingWire with a deep commitment to help engaged couples plan the most important day of their lives," said Tim Chi, co-founder and CEO, WeddingWire. "This is a tremendous opportunity to further our commitment by accelerating innovation and creating the best wedding planning experience - benefitting engaged couples, wedding professionals, our employees and the global wedding industry."

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Top Leading Key in Players Global Wedding Venue Service Market: ACO Media, City Club, Events by Knight, Fort Myers, Function Fixers, Garland, Leisure and Cultural Services Department, SMS Catering, WeddingWire, WHAKATANE and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

With the presence of a large pool of participants, the Global Wedding Venue Service Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). ACO Media, City Club, Events by Knight, Fort Myers, Function Fixers, Garland, Leisure and Cultural Services Department, SMS Catering, WeddingWire, WHAKATANE are some of the key vendors of Wedding Venue Service across the world. These players across Wedding Venue Service Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.

Region segment: Wedding Venue Service Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Wedding Venue Service in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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Major Points in Table of Contents:

Global Wedding Venue Service Market Report 2020

1 Wedding Venue Service Product Definition

2 Global Wedding Venue Service Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Wedding Venue Service Shipments

2.2 Global Manufacturer Wedding Venue Service Business Revenue

2.3 Global Wedding Venue Service Market Overview

2.4 COVID-19 Impact on Wedding Venue Service Industry

3 Manufacturer Wedding Venue Service Business Introduction

3.1 ACO Media Wedding Venue Service Business Introduction

3.2 City Club Wedding Venue Service Business Introduction

3.3 Events by Knight Wedding Venue Service Business Introduction

3.4 Fort Myers Wedding Venue Service Business Introduction

3.5 Function Fixers Wedding Venue Service Business Introduction

3.6 Garland Wedding Venue Service Business Introduction

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