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Event App Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
What industry-specific factors are fueling the growth of the event app market?The increase in smartphone usage is anticipated to drive the event app market's expansion in the future. A smartphone, a portable device that merges the abilities of a regular cell phone and a mini computer, is becoming more prevalent. Digital transformation, the proliferation of IoT, AI, and big data applications necessitates an upsurge in data centers to cater to the increasing demands for cloud services, data storage, and processing power. These smartphones, crucial for interacting with event apps, augment the user experience for event attendees and organizers by granting immediate access to essential event details such as schedules, speaker bios, maps, and exhibitor lists. For instance, Uswitch Ltd., a UK-based switching website, reported in November 2023 that the UK saw a rise in mobile connections to 71.8 million at the start of 2022. This figure indicated an increase of 4.2 million from the population count and a 3.8% surge from 2021, equating to approximately 2.6 million. Hence, the burgeoning use of smartphones is the driving force behind the event app market's growth.
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What Is the projected market size and growth rate for the event app market?
The market size of event apps has seen a rapid expansion in the past few years. It is projected to escalate from $1624.13 billion in 2024 to $1864.03 billion in 2025, with a compound annual growth rate (CAGR) of 14.8%. This growth during the historic period is likely due to the increasing intricacy of AI models, their application in crucial sectors, growing consumer awareness and expectations, intensifying complexity in decision-making, as well as trust and adoption by stakeholders.
Expectations are high for the event app market size to experience a substantial escalation in the coming years. By 2029, the market is projected to be valued at $3217.86 billion, representing a compound annual growth rate (CAGR) of 14.6% over that period. This anticipated expansion in the forecast period is largely due to factors such as the evolution of model interpretability techniques, worldwide initiatives towards ai governance, the presence of sector-specific regulations, a heightened need for transparency in AI supply chains, and the increasingly crucial role of AI in cybersecurity. Major inclusions within the predicted period include the enhancement of model explainability techniques, accessible explainable AI tools, its implementation in healthcare for clinical decision support, the use of explainable AI in autonomous systems, and its integration with edge AI.
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What trends are poised to drive the future success of the event app market?
Leading companies in the event app market are introducing inventive products, such as event mobile apps, in a bid to consolidate their market position. An event mobile app, also referred to as a conference app, is a mobile solution specially designed for events, meetings, or conferences. For example, in November 2023, the UK-based event planning company, Eventsforce Solutions Ltd., unveiled the Eventsforce mobile app. This application is a versatile event app solution applicable to a variety of events, including trade shows, multi-stream conferences, and basic events. Its objective is to enhance the success of event management. It offers tools for overseeing every aspect of the event, facilitating interaction with sponsors and exhibitors, generating revenue, and doing lead generation and analytics reporting. The app integrates with the Eventsforce platform, providing an all-in-one event management solution. It has sophisticated QR code scanning capabilities, mobile and desktop access, plus the ability to boost attendee interaction through engagement and gamification features, all designed with the purpose of inspiring, engaging, and connecting event attendees.
What major market segments define the scope and growth of the event app market?
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
Subsegments:
1) By Enterprise Event Apps: Internal Meeting Apps, Employee Engagement Apps
2) By Hybrid Apps: Multi-Platform Compatibility Apps, Offline Functionality Apps
3) By Corporate Meeting Apps: Video Conferencing Integration Apps, Agenda And Scheduling Apps
4) By Conference Apps: Attendee Networking Apps, Session Tracking And Feedback Apps
5) By Trade Show Apps: Exhibitor Management Apps, Lead Retrieval Apps
6) By Festival Apps: Schedule And Lineup Apps, Ticketing And Access Control Apps
7) By Sports Events Apps: Live Score Updates Apps, Fan Engagement Apps
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Which region dominates the event app market?
North America was the largest region in the event app market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the event app market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the event app industry growth?
Major companies operating in the event app market report are Cvent, Eventbrite, MeetingPlay, SpotMe, Hubilo Technologies Inc., 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
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What Is Covered In The Event App Global Market Report?
• Market Size Forecast: Examine the event app market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the event app market for a structured understanding.
• Key Players Overview: Analyze major players in the event app market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the event app market.
• Segment Contributions: Evaluate how different segments drive overall growth in the event app market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the event app market.
• Industry Challenges: Identify potential risks and obstacles affecting the event app market.
• Competitive Landscape: Review strategic developments in the event app market, including expansions, agreements, and new product launches.
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