Event Management Software Market to Grow at 16.02% CAGR to Hit USD US$ 21,287.6 million by 2027

The Insight Partners Published latest research study on "Event Management Software market" which is a comprehensive analysis of business prospects inclusive of the existing market movements, competitive background, and size of the market. Encompassing one or more parameters among analysis of the product, application potential, and global and regional growth strategies. The global event management software market garnered US$ 5,810.6 million in 2018 and is projected to generate US$ 21,287.6 million by 2027, registering a CAGR of 16.02% from 2019 to 2027.

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Summary of Event Management Software Market:

The event management software provides limitless access to multiple reports and is available at no additional cost. Therefore, it is a significantly cost-effective means with which the user can get the required data in an easy to read and understand format. An online event management solution creates an unlimited number of customized reports for event planners at the single click of the button. Data is presented in an easy to read format, and the stories are sent as Excel or CSV files to benefit organizers. Furthermore, the accomplishment of the event is eventually about the numbers. Therefore, accounting reports provide necessary details about the status of payments, registrations, and cancellations. With the news, the user can track financial data concerning your events.

Based on solution type, the global event management software market has been segmented into software and services. On the basis of application, the global event management software market has been bifurcated into event planning, event marketing, venue and ticket management, analytics and reporting, and others. Based on end-user, the market has been segmented into corporate, government, education, media and entertainment, and others. North America is expected to dominate the global event management software market during the forecast period owing to increasing adoption of event management applications for mobile phones in the region and growing need of enhanced operations.

List of Top Key Players in Event Management Software Market Are:-

•Active Network
•Arlo Software Limited
•Attendify
•Aventri,
•Bizzabo,
•Cvent,
•Event Espresso
•Eventbrite
•Grenadine Technologies
•Zerista Inc

Adoption of Cloud-Based Event Management Software

Advanced features, low initial investment, and sophisticated cloud and hosting models are some of the substantial reasons behind the growing adoption of cloud-based event management software.The deployment of cloud-based solutions enables enterprises to lower operational costs, curb human errors, and enhance productivity. Not every small and medium-sized enterprise finds it feasible to invest in on-premise event management software due to complex installation and high operational costs. This creates a demand for cloud-based event management software, especially among SMEs. Besides, the growing digital revolution supports the adoption of cloud-based solutions across various industry verticals. These aforementioned elements are expected to propel the global event management software market at an impressive rate.

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The report segments the global event management software market as follows:

Global Event Management Software Market - By Solution Type

Software
Services

Global Event Management Software Market - By Application

Event Planning
Event Marketing
Venue and Ticket Management
Analytics and Reporting
Others

Global Event Management Software Market - By End-User

Corporate
Government
Education
Media and Entertainment
Others

Global Event Management Software Market - By Geography

North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
South America

Speaking about this research report in particular, it includes:

•Five Types of Segmentations (by Product Type, Power, Application, Distribution Channel, Region)
•Five Major Regions (North America, Europe, Asia Pacific, Middle East & Africa, South & Central America)
•Market Information For 10 Years (2017 & 2018 - Historic Years, 2019 - Base Year and 2019-2027 Forecast Period)
•Key Industry Dynamics including factors that are Driving the Market, Prevailing Deterrent, Potential Opportunities as Well as Future Trends.
•Ten Company Profiles (these are not just Major Players but a Mix of Leading, Emerging Players, Market Disruptors, Niche Market Players, etc.)
•Industry Landscape Analysis
•Analysis of COVID-19 Impact on this market at Global and Regional Level.

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Expert Opinions on Event Management Software Market:

During the course of the research study, various leading industry experts, global sales managers, key opinion leaders, and industry veterans shared their valuable and critical insights about global and regional trends related to the Event Management Software market. As a result, the figure below summarizes a few expert opinions collected during the primary research for the global Event Management Software market.

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