Press release
Global Event Management Service Market Top Leading Players with Strategies and Forecast 2028
The global event management service market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022-2028). Event management is project management for the creation and development of small or large-scale corporate and personal events such as festivals, conferences, ceremonies, weddings, formal parties, and concerts, among others. The major factor expected to drive the market growth is the rising number of events of varied types witnessed across the globe. These events include conferences, corporate events, exhibitions, live performances, and festivals events. In addition, increasing disposable income and draining work schedules are pushing the millennial populace towards a search for new and improved entertainment options. This results in an increased demand for events such as music festivals, concerts, live events, and galas, among others. These are the some factors that propel the growth of the global event management service market during the forecast period.Some major players in the market include LiveStyle, Inc., ALDA Events, and Live Nation Entertainment, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, Canapii develops its new online-focused Event Management Software to enhance its event services. The software is developed with the support of Amazon Web Services cloud-based technology. Further, the company added that they brought their event management software to market in record time and established the brand to go with it. The company also supported other companies, such as Hewlett Packard (HP) design and host engaging virtual events that include live-streamed content with real-time multilingual captioning, polling, Q&A, and more. Furthermore, in May 2019, Eventbrite entered into a partnership with Facebook to launch ticketing on Facebook, powered by Eventbrite, a platform-based offering from Eventbrite that brings new ticketing functionality to Facebook for their events. Further, the company also said that it opens a new way for event creators on Facebook to employ attendees of their events and gatherings.
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Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Type
By Revenue Source
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- LiveStyle, Inc., ALDA Events, and Live Nation Entertainment, Inc., among others.
A full report is available at: https://orionmarketreports.com/global-event-management-service-market/105105/
Global Event Management Service Market Report by Segment
By Type
Corporate Events
Association Events
Non-Profit Events
Music Concerts
Others
By Revenue Source
Ticket Sale
Sponsorship
Others
By Application
Individual User
Corporate Organization
Public Organization
Others
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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