Event Management Software (EMS) Market is expected to reach USD 14.32 Billion by 2026 | Whova, Active Network LLC, Etouches, Lanyon Solutions Inc.

The Event Management Software (EMS) Market is expected to reach USD 14.32 Billion by 2026, according to a new report by Reports and Data. When compared to in-house planners, event management software is the highly preferred tool for third-party planners as they plan more than a particular concert or show that occur at any time of the year.  Such a considerable responsibility makes the media and entertainment events one of the most complex events to plan, compared to events hosted by several other areas, such as cultural and industrial. Furthermore, downtime in any event organizing method has a disastrous impact on the reputation of the events.

Due the presence of advanced economies, like the United States (US) and Canada, North America is estimated to hold the largest market share of 42.3% in 2018. The region’s powerful financial position also allows it to invest heavily in advanced software tools and technologies. These improvements have provided North American organizations a competitive edge in the market.

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The emerging and present key participants in the Event Management Software (EMS) market are:

Whova, Active Network LLC, Etouches, Lanyon Solutions Inc., Regfox LLC, Certain Inc., Eventbrite, Ungerboeck Software International, Pulse Network, Bizzabo, Cvent Inc, Aventri,  Cvent, Eventbrite, Xing Events, Arlo, Attendify, Eventbank, Eventbooking, Eventgeek, Eventmobi, Eventpro, Eventuosity, Eventzilla, Gather Technologies, Hubb, Meeting Evolution, Regpack, Signupgenius, Social Tables, Ungerboeck Software

Profitability scope and Prospects

The key participants who have shown tremendous growth in the Event Management Software (EMS) market have been included in the report. In the report, data from 2016 to 2018, shows that some of the companies have shown enormous sales revenues, with the net revenue being doubled and the profits continually increasing. The profitability of the products being sold by the company indicates the influence and competitive advantage these companies have over the others.

For the purpose of this study, Reports and Data have segmented the market on the basis of Deployment Mode, Software, Application and region:

Deployment Mode Outlook (Revenue, USD Million; 2018-2026)

Cloud
On-premises

Software Outlook (Revenue, USD Million; 2018-2026)

Event Registration and Ticketing Software
Venue Management Software
Event Planning Software
Event Marketing Software
Analytics and Reporting Software
Others

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Application Outlook (Revenue, USD Million; 2018-2026)

Corporate
Education
Government
Third-party Planners
Others

Regional Outlook (Revenue in USD Million; 2016–2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest

-The Event Management Software (EMS) Market is estimated to reach USD 14.32 Billion by 2026, at a CAGR of 11.1% during the forecast period.

-Event management software provides a set of traits involving event website, a dashboard for planning networking platform, and event analytics.

-The events industry is stepping into the future with certain innovations already on their way to becoming mainstream. Events are now quite a tech-driven affair.

-The application in education segment is anticipated to grow at the highest rate of 11.4% -during the forecast period.

-The emergence of mobile applications for event management keeps speakers, planners, and attendees up to date on everything. Starting from the program and the location of specific sessions and meetings to last minute adjustments and schedules, the EMS software keeps track of everything.

-These applications enable attendees to obtain a list of sessions with matchmaking -opportunities, live polls, speaker bios, and other information.

-The cloud deployment is estimated to reach USD 4.58 billion by 2026. Due to several benefits, such as high computing speed, scalability, cost-efficiency, and decreased expense on Information Technology (IT) infrastructure, the cloud deployment is expected to grow higher….Continued

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Objectives of the study:

Our panel of expert analysts specializing in the value chain has conducted an exhaustive, industry-wide study to offer readers accurate insights into the future of the Event Management Software (EMS) market and give key market players authentic information derived via both primary and secondary sources of data collection. Additionally, the report also comprises of inputs from our consultants, which can help companies make the most of the available market opportunities. It also offers a detailed breakdown of the sales of Event Management Software (EMS) and the factors that could potentially influence the growth of the industry. The information provided in this report will be able to help readers capitalize on the available growth.

The Event Management Software (EMS) report addresses the following questions:

Understand the demand for global Event Management Software (EMS) to determine the viability of the market.

Identify the developed and emerging markets where Event Management Software (EMS) are offered.

Identify the challenge areas and address them.

Develop strategies based on the drivers, trends and highlights for each of the segments.

Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.

Recognize the key competitors of this market and respond accordingly.

Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.

Define the competitive positioning by comparing the products and services with the key players in the market.

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