Event App Global Market Expected to Witness $2804.66 Billion with Impressive Growth at a 14.6% CAGR By 2028 | Top Players: Cvent, Eventbrite, MeetingPlay, SpotMe, Swapcard

"The Business Research Company has released its latest global market reports, covering insights for 2024 and offering projections up to 2033.

The Business Research Company presents an extensive market research report on the Event App Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
The event app market size has grown rapidly in recent years. It will grow from $1412.29 billion in 2023 to $1624.13 billion in 2024 at a compound annual growth rate (CAGR) of 15.0%. The growth in the historic period can be attributed to increasing complexity of ai models, application in critical industries, consumer awareness and expectations, increasing complexity of decision-making, trust and adoption by stakeholders..

The event app market size is expected to see rapid growth in the next few years. It will grow to $2804.66 billion in 2028 at a compound annual growth rate (CAGR) of 14.6%. The growth in the forecast period can be attributed to advancements in model interpretability techniques, global ai governance initiatives, emergence of industry-specific regulations, increased demand for transparency in ai supply chains, rising importance of ai in cybersecurity.. Major trends in the forecast period include advancements in model explainability techniques, user-friendly explainable ai tools, adoption in healthcare for clinical decision support, explainable ai in autonomous systems, integration with edge ai..

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Key Market Players:
Major companies operating in the event app market report are Cvent, Eventbrite, MeetingPlay, SpotMe, Hubilo, Aventri, Splash, Whova Inc, InEvent, Bizzabo, DoubleDutch, Socio, Zerista, Eventleaf, Core-apps, EventMobi, Eventdex, Eventsforce Solutions Ltd., Brolly Event Solutions, Guidebook, Pathable, Swapcard, Eventzilla, Boomset, Eventfuel.io, PheedLoop

Market Drivers:
The rising adoption of smartphones is expected to propel the growth of the event app market going forward. A smartphone is a mobile device that combines the functions of a traditional mobile phone with the capabilities of a small computer. Smartphones are used for interacting with event apps as they enhance the event experience for attendees and organizers by providing on-the-go access to schedules, speaker bios, maps, exhibitor lists, and other event details. For instance, in November 2023, according to Uswitch Ltd., a UK-based switching website, in the UK, there were 71.8 million mobile connections at the beginning of 2022, which is 4.2 million more than the country's population, representing a 3.8% increase from 2021 (roughly 2.6 million). Therefore, the rising adoption of smartphones is driving the growth of the event app market.q

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The event app market covered in this report is segmented -
1) By Type : Enterprise Event Apps, Hybrid Apps, Corporates Meeting Apps, Conference Apps, Trade Show Apps, Festival Apps, Sports Events Apps
2) By Operating Systems: iOS, Android, Web-based
3) By End User: Event Organizer And Planners, Corporates, Government, Education, Other End Users

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