Press release
Corporate Event Market to reach USD 18.29 Bn by 2029, emerging at a CAGR of 17.3 percent and forecast 2023-2029
Corporate Event Market
The Corporate Event Market Report provides a comprehensive analysis of the global corporate events industry, including market dynamics, impact of COVID-19, segment analysis by platform and type, and regional insights.
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Corporate Event Market Research Methodology:
This report employs a robust research methodology, combining primary and secondary data sources, to provide stakeholders with a clear understanding of the corporate event market. Porter's Five Forces and PESTEL analyses are used to assess micro-economic factors that may impact the market.
What are Corporate Event Market Dynamics:
Strong Economic Growth: The corporate event market is expanding due to strong economic growth and government efforts to attract private investment and foreign direct investment (FDI). These measures have increased business travel, driving growth in the sector.
Advancements in Technology: Investments in infrastructure and technological advancements, such as projection mapping and multi-use apps, are enhancing the market's growth prospects by offering innovative event solutions.
Impact of COVID-19: The pandemic has disrupted corporate activities, leading to event cancellations. Some events necessitate in-person interaction for effective communication and decision-making, which has impacted the market.
Corporate Event Market Regional Insights:
North America and Asia Pacific: These regions dominate the market with a 27% and 25% market share in 2022, respectively, driven by their substantial white-collar workforce in industries like IT and BFSI.
Europe: Europe holds a 23% market share in 2022, benefiting from a large white-collar workforce, numerous offices, and high technology penetration.
Middle East & Africa: This region holds a 17% market share in 2022, with fewer office-going individuals and lower population.
South America: South America, with an 8% market share in 2022, faces challenges such as lower GDP and limited technology penetration.
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What is Corporate Event Market Segmentation:
by Type
Conference/ Seminars
Exhibitions
Incentive Programs
Company Meetings
Others
by Platform
Offline
Online
Due to the increasing e-commerce industry's use of non-cash payment methods globally, which is increasing the transaction application, in the market, the transaction sector is anticipated to have the bigger market size throughout the forecast period.
Online Analytical Processing (OLAP) and Online Transaction Processing (OLTP) are the two categories according to processing type. OLAP systems are anticipated to experience the fastest CAGR growth among them all during the projection period. OLAP systems are frequently used for corporate process management, sales management, forecasting, and corporate Intelligence (BI). Organisations' struggles with massive data are aided by in-memory OLAP solutions.
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Who are Corporate Event Market Key Players:
1. 360 destination group
2. Access destination services
3. BCD travel services B.V.
4. Bi worldwide
5. Cwt
6. Cievents
7. Creative group, inc.
8. ITA group
9. Maritz holdings inc.
10. Reed exhibitions ltd.
11. Google
12. Microsoft Teams
13. Zoom
14. Cisco Webex
Table of content for the Corporate Event Market includes:
Global Corporate Event Market: Research Methodology
Global Corporate Event Market: Executive Summary
Market Overview and Definitions
Introduction to the 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
MandA 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
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
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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