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Event Services (Music Concert, Festivals, Sports, Exhibitions and Conferences, Corporate Events and Seminars) Market Hits $1,349.0 Billion By 2031
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Events are public gatherings of people at a particular time and place for a specific reason. The purpose of conducting an event includes business profitability, celebratory, entertainment, and community causes. The most popular events include conference & exhibition, corporate events & seminar, promotion & fundraising, music & art performance, sports, festival, trade shows, and product launch. The key stakeholders within the events industry include corporate organizations and public organizations & NGOs.
Growth of the global event services market is driven by surge in frequency of conducting 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, multi-dimensional events act as a key driver for the growth of the global event services market. In addition, sponsorships from various brands, including Redbull, Monster Energy, Nike, Cocoa Cola, and others for global three-day festival and a small gig or act in a social club or arena boost the market growth. Moreover, introduction of new media platforms and distribution methods offers scope for giants to interact and organize events involving artists, performers, speakers, and business coaches. However, surge in market entry cost and rise in industry fragmentation hinder the growth of the industry.
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The event services market is segmented on the basis of service, event type, end user, organization, and region. Depending on service, it is segregated into strategy, planning, budget & development; communication & logistics; attendees management & engagement; event catering; virtual or hybrid event enabler; location rental; and others. According to event type, it is fragmented into music concert, festivals, sports, exhibitions & conferences, corporate events & seminar, and others. As per end user, it is categorized into corporate, sports, education, entertainment, and others. By organization, it is classified into small & medium enterprises, large enterprises, government bodies, and NGOs. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players profiled in the report are Access Destination Services, ATPI Ltd., Bassett Events, Inc., BCD Group, FX Group Ltd., Intelligent Protection International Limited, International Security Agency, Martin Auto Ltd., StubHub, and Wonderland.
Key benefits for stakeholders
The report provides an extensive analysis of the current & emerging trends and opportunities in the global event services market.
It provides detailed qualitative and quantitative analysis of current trends and future estimations that assists to evaluate the prevailing market opportunities.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
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Key Market Segments
By Service
Strategy, Planning, Budget, and Development
Communication and Logistics
Attendees Management and Engagement
Event Catering
Virtual or Hybrid Event Enabler
Location Rental
Others
By Event Type
Others
Music Concert
Festivals
Sports
Exhibitions and Conferences
Corporate Events and Seminars
By End User
Corporate
Sports
Education
Entertainment
Others
By Organization
Small and Medium Enterprises
Large Enterprises
Government Bodies and NGOs
By Region
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
United Kingdom
Rest of Europe
Asia-Pacific
China
Japan
India
Singapore
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa,
Saudi Arabia
UAE
Rest of LAMEA
Key Market Players
Basset Events, Inc.
wonderland
Access Destination Services
BCD Group
ATPI Ltd.
StubHub
FX Group Ltd.
Martin Audio Ltd.
International Security Agency
Intelligent Protection International Limited
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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