Press release
Event Management Software Market Report 2024-2033 | Size, Share, Trends, Overview
"The new report published by The Business Research Company, titled ""Event Management Software Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the event management software market size has grown rapidly in recent years. It will grow from $7.25 billion in 2023 to $8.25 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The event management software market size is expected to see rapid growth in the next few years. It will grow to $13.24 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%.
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Rising Preference For Virtual Events Drives Event Management Software Market
The increase in preference for hosting virtual events is significantly contributing to the growth of the event management software market. Virtual events are completely hosted and run online with the potential for attendees to view or participate from anywhere in the world with an agenda of single or multiple-track presentation sessions or collaborative sessions. These sessions are streamed online through virtual conferences, webinars, internal hybrid events, and external hybrid events. For instance, according to The State of Virtual Events 2021, Zoom had the most respondents accounting for 50.3%, followed by Microsoft Teams with 12% usage and Facebook Live with 9.4%. This rise in usage of virtual platforms for hosting events is contributing to the event management software market growth.
New Event Platforms To Enhance Attendee Engagement
Major companies operating in the event management software market are launching new event platforms to enhance attendee engagement at events. Event management software platforms are digital tools designed to streamline and facilitate the planning, organization, and execution of events, such as conferences, meetings, and social gatherings. For instance, in February 2022, Captello, a US-based event platform launched its GOALS solution, designed to align various event activities with objectives and incentivize participants who achieve or exceed engagement milestones set by event organizers. The platform connects event activations, tracks progress, rewards participants with points for interactions, and offers progress reports and leaderboards. The goal is to improve attendee engagement, data quality, and networking opportunities while creating new sponsorship revenue streams for event organizers. This solution enhances event experiences and encourages deeper attendee engagement.
The event management software market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment Type: On-premise, Cloud
3) By Organization Size: Small, Medium, Large
4) By End-User: Corporate, Government, Third-Party Planners, Education, Other End-Users
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Major companies operating in the event management software market report are Active Network,Arlo Technologies , Attendify, Aventri, Bizzabo, Certain Inc., Cvent Inc., EMS Software LLC, Eventbrite, EventMobi, Gather Technologies,Ungerboeck,webMOBI, RainFocus, Regpack, SignUpGenius,XING Events, Eventzilla, Meeting Evolution, EventBooking, Bitrix24, Tripleseat,Circa Resort & Accelevents, Glue Up, Event Espresso, Hubb LLC., Hubilo Inc., RegPack Inc.,event geek
Contents of the report:
1. Executive Summary
2. Event Management Software Market Report Structure
3. Event Management Software Market Trends And Strategies
4. Event Management Software Market - Macro Economic Scenario
5. Event Management Software Market Size And Growth
…..
27. Event Management Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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