Press release
Corporate Event Market to reach USD 1829.33 Bn by 2029, Technological Advancements and Growth Opportunities
Corporate Event Market
Corporate Event Market Report Scope and Research Methodology
Corporate events are public gatherings for business general meetings, product launches, training programmes, incentive group activities, marketing events, corporate retreats, conferences/seminars, and tradeshows/exhibitions at a defined time and location. These events are staged for a variety of reasons, including increased business profitability, celebratory purposes, and communal causes.
The COVID-19 pandemic has had a significant impact on the Corporate Event Market, with various corporate activities, such as investor presentations, international seminars, and trade exhibitions, being cancelled due to the epidemic. However, some events cannot be done online and need people to see each other in person for better communication and decision-making.
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Corporate Event Market Dynamics
One of the primary elements driving the expansion of the corporate event market is strong economic growth. Furthermore, the recent rapid rise of the business travel sector has positioned the world to host more corporate gatherings. The expansion of the corporate event sector is fueled by government measures to attract private investment and foreign direct investment (FDI).
Increased infrastructure investment and technological advancements, such as projection mapping and branded multi-use apps that are used to buy tickets, survey attendees, and poll crowds in real-time, are helping to drive market growth. These variables are expected to provide significant opportunities for corporate event participants.
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Corporate Event Market Regional Insights
The Corporate Event Market is dominated by North America and Asia Pacific with a market share of 27 percent and 25 percent in 2021, respectively, due to the regions having a vast number of working people in IT and BFSI industries that conduct major corporate events. Europe has a market share of 23 percent in 2021 due to a significant number of white-collar employees and offices, and a higher penetration of technology in this region.
Corporate Event Market Segmentation
By Type:
• Conference/ Seminars
• Exhibitions
• Incentive Programs
• Company Meetings
• Others
By Platform:
• Offline
• Online
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Corporate Event Market Key Competitors include:
• 360 destination group
• Access destination services
• BCD travel services B.V.
• Bi worldwide
• Cwt
• Cievents
• Creative group, inc.
• ITA group
• Maritz holdings inc.
• Reed exhibitions ltd.
• Microsoft Teams
• Zoom
• Cisco Webex
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Table of Content for Corporate Event Market
Global Corporate Event Market: Research Methodology
Global Corporate Event Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Corporate Event Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Corporate Event Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Platform (2021-2029)
Regional Corporate Event Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Platform (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type and Platform
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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