Global Cloud Based Event Management Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities

"The Cloud Based Event Management Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Cloud Based Event Management Market Size Expected to Be by 2034?
In recent times, the market size of cloud-based event management has seen a swift expansion. It is predicted to escalate from $10.45 billion in 2024 to $12.12 billion in 2025, with a compound annual growth rate (CAGR) of 16.0%. The historical period growth has been fueled by the rising usage of cloud technology, heightened demand from the event management sector, the growing globalization of businesses and events along with the escalating trend of remote work.

The market size for cloud-based event management is predicted to experience substantial expansion in the upcoming years, with a projected value of $21.99 billion by 2029, growing at a compound annual growth rate (CAGR) of 16.1%. This growth during the forecast period can be credited to the rising adoption of virtual and hybrid events, the burgeoning demand for event automation, the escalating necessity for scalability in event management, mounting demand for mobile event management solutions, and increased inclination towards on-demand event management solutions. Key trends projected for this period encompass technological progression, the incorporation of AI and machine learning, real-time analytics, virtual reality (VR) and augmented reality (AR), as well as the integration of social media.

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What Are the Emerging Segments Within the Cloud Based Event Management Market?
The cloud based event management market covered in this report is segmented -

1) By Component: Software, Services
2) By Organization Size: Small And Medium-sized Enterprises (SMEs), Large Enterprises
3) By End User: Event Organizers And Planners, Corporate, Government, Education, Other End Users

Subsegments:
1) By Software: Event Planning Software, Event Registration Software, Event marketing Software, Event Ticketing Software, Event Analytics And Reporting Software, Event Collaboration Software
2) By Services: Professional Services, Managed Services, Support And Maintenance Services

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What Long-Term Drivers Are Shaping Cloud Based Event Management Market Trends?
The increasing interest in virtual events is predicted to accelerate the expansion of the cloud-based event management market. A virtual event, also considered an online event, is one that occurs over the internet, with attendees participating virtually instead of in person. The rise in virtual events can be associated with their easy access, cost-efficiency, growing prevalence of remote work, and environmental implications. Cloud-based management services offer a unified platform for event planners to oversee all event components, from enrollment and ticket sales to attendee involvement and post-event data analysis. Additionally, they provide mechanisms for online enrollment, ticket sales, and attendee management, automating these actions and reducing clerical load. For instance, a study by Vimeo, a US-based video hosting, sharing, and services platform provider, in January 2022 found 72% of respondents plan to attend the same amount (or more) of online events as they currently do, even after in-person events recommence. Hence, the increasing appeal of virtual events is fuelling the growth of the cloud-based event management market.

Who Are the Top Competitors in Key Cloud Based Event Management Market Segments?
Major companies operating in the cloud based event management market are ACTIVE Network LLC, The International Business Machines Corporation, RainFocus, Zoho Corporation, Cvent Holding Corp., Arlo Technologies, XING Events, Bitrix24, Eventbrite, Aventri Inc., Tripleseat, Bizzabo Limited, EventMobi, Attendify, Certain Inc., webMOBI, EventBooking, EventsAir, Momentus Technologies, EventGeek, Hopin Ltd., Meeting Evolution Inc., Regpacks, Boomset Inc., EventPro Software, Eventzilla

What Are the Major Trends Shaping the Cloud Based Event Management Market?
Major firms in the cloud-based event management marketplace are emphasizing strategic collaborations to provide dependable services to their clientele. A strategic collaboration is a cooperative agreement between two or more entities that aids each in achieving their individual targets. For example, in March 2022, The Microsoft Corporation, a tech corporation based in the US, formed a partnership with Whova Inc., a US software firm offering smart event tech solutions. The collaboration aims to streamline the management of virtual and hybrid events for Microsoft Teams customers by harnessing Whova's robust event planning capabilities and providing a highly engaging experience for attendees. Through this integration, event organizers will be able to create, revise, and organize Teams meetings directly from the Whova platform, making the overall process simpler and more time-efficient by consolidating all tasks on one platform. The collaboration's objective is to improve event management experiences by ensuring a smooth integration of Microsoft Teams and Whova, providing an all-inclusive solution for planning virtual and hybrid events.

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Which Regions Are Becoming Hubs for Cloud Based Event Management Market Innovation?
North America was the largest region in the cloud based event management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud based event management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cloud Based Event Management Market?
2. What is the CAGR expected in the Cloud Based Event Management Market?
3. What Are the Key Innovations Transforming the Cloud Based Event Management Industry?
4. Which Region Is Leading the Cloud Based Event Management Market?

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