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Elevating Experiences: Exploring Market Dynamics and Growth Trends in the Event App Market for Seamless Event Management

04-04-2024 11:41 AM CET | IT, New Media & Software

Press release from: The Business research company

Event App Market

Event App Market

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..

Market Overview -
An event app refers to a mobile application designed to facilitate the organization, management, and participation in events, conferences, meetings, or gatherings. These apps are used to streamline various aspects of event planning and execution, providing convenience and enhanced engagement for both event organizers and attendees.

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Surge In Mobile Connections Fuels Unprecedented Growth In Streamlined Event Experiences
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

Competitive Landscape -
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

Strengthening Market Presence With Eventsforce Mobile App
Major companies operating in the event app market are developing innovative products, such as event mobile applications, to strengthen their position in the market. An event mobile application, also known as a conference app, is a mobile application designed specifically for events, conferences, or meetings. For instance, in November 2023, Eventsforce Solutions Ltd., a UK-based event planner, launched the Eventsforce mobile app. This app is a scalable event app solution that can be used for various events, including tradeshows, multi-stream conferences, and basic events. Its goal is to promote event planning success. It provides tools for managing every part of the event, interacting with sponsors and exhibitors, generating revenue, lead generation, and analytics reporting. The app offers an all-in-one event management solution by being integrated into the Eventsforce platform. With its advanced QR code scanning features, mobile and desktop access, and capacity to increase attendee engagement through gamification and engagement features, it is made with inspiring, engaging, and connecting event attendees in mind.

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Key Segments -

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

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

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