Press release
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
Event App Global Market
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
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/event-app-global-market-report
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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