Event Management Tools Market Size Forecasted To Achieve $9.12 Billion By 2029 With Steady Growth

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What Is the Event Management Tools Market Size and Projected Growth Rate?
Recent years have seen a robust growth in the event management tools market size, with forecasts predicting a growth from $5.82 billion in 2024 to $6.38 billion in 2025, marking a compound annual growth rate (CAGR) of 9.6%. The upward trend during the historic period can be credited to factors like heightened demand for virtual events, increasing requirements for real-time analytics, the expanding influence of social media, the need for individualized attendee experiences, and a surge in the adoption of cloud-based solutions.

Estimations for the market size of event management tools predict robust expansion in the upcoming years. The market is set to reach $9.12 billion by 2029 with a compound annual growth rate (CAGR) of 9.4%. The surge during the forecast period can be linked to the rise of hybrid events, increased utilization of data analytics, growing demand for environmentally friendly event solutions, the popularity of influencer-led events, heightened cybersecurity concerns and the quest for an uninterrupted user experience. Notable trends during the prediction period incorporate AI-supported chatbots and assistants, integration of virtual and augmented reality, blockchain applications for secure ticketing, sophisticated data analytics and insights, check-in via facial recognition, smart venues enabled by the Internet of Things (IoT), and tools for cloud-based collaboration.

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What Are the Major Segments in the Event Management Tools Market?
The event management tools market covered in this report is segmented -

1) By Event Type: Corporate Events, Social Events, Entertainment Events
2) By Functionality: Event Registration And Ticketing, Venue Management, Event marketing And Promotion, Agenda And Schedule Management
3) By Pricing Model: Subscription-Based, One-Time License Fee, Freemium, Pay-Per-Use
4) By Deployment Mode: On-Premises, Cloud-Based, Hybrid
5) By End-User: Event Planners, Corporates, Non-profits, Educational Institutions, Individuals

Subsegments:
1) By Corporate Events: Conferences, Seminars, Product And Launches, Trade Shows, Business Meetings
2) By Social Events: Weddings, Birthday Parties, Anniversaries, Community Gatherings, Cultural Celebrations
3) By Entertainment Events: Concerts, Festivals, Award Shows, Comedy Shows, Theater Performances

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What Are The Driving Event Management Tools Market Evolution?
The acceleration of the event management tools market is projected to be driven by an increased focus on the attendee experience. The attendee experience encapsulates the overall enjoyment, interaction, and convenience that participants experience throughout an event, influenced by factors such as the quality of content, personalization, and logistical organisation. The mounting focus on the attendee experience is a result of a growing desire for personalized, immersive events that cater to the interests of attendees, amplifying satisfaction and loyalty. Event management tools amplify the attendee experience by simplifying event logistics and fostering personalized interactions to make events more captivating and effective. They decrease the planning complexity through automation and enable real-time communication, thereby elevating the overall satisfaction of attendees. For example, as per the Eventbrite's TRNDS 2024 report in January 2024, the global attendance at health and wellness events witnessed a 21% surge in 2023 compared to 2022, underscoring the increasing emphasis on enhancing the attendee experience. Therefore, this growing focus is propelling the growth of the event management tools market.

Which Firms Dominate The Event Management Tools Market Segments?
Major companies operating in the event management tools market are Global Payments Inc., Zoom Video Communications Inc., RingCentral Inc., Zoho Corporation Pvt. Ltd., New Work SE, Eventbrite, Momentus Technologies, RainFocus, Stova, Whova, Bizzabo, EventMobi, InEvent, Grenadine Technologies Inc., Planning Pod, Eventboost, Eventzilla, Zkipster, Jackrabbit Systems, Idloom-Events.

What Trends Are Expected to Dominate the Event Management Tools Market in the Next 5 Years?
The key players in the event management tools market are concentrating on innovating technology-driven solutions such as real-time event streaming to elevate engagement, accessibility, and interactivity for virtual and hybrid events. Real-time event streaming points to the live telecast of events over the net, providing distant audiences the ability to participate and view the event as it ensues live. Take, for example, in January 2025, RingCentral Inc, a firm located in the U.S.A. dealing in cloud communications technology, introduced new unique features, Studio, and AI Clips, in its RingCentral Events platform to improve live event production and generate content after the event. The 'Studio' feature permits organizers to stream and customize attractive, brand-oriented events from the same user interface, while the 'AI Clips' feature assists marketers in creating AI-based highlights of their events. The primary objective of this launch is to uncomplicate event management by providing professional live streaming and AI-produced highlight reels for improved engagement and efficiency.

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Which Is The Largest Region In The Event Management Tools Market?
North America was the largest region in the event management tools market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the event management tools 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 Event Management Tools Market?
2. What is the CAGR expected in the Event Management Tools Market?
3. What Are the Key Innovations Transforming the Event Management Tools Industry?
4. Which Region Is Leading the Event Management Tools Market?

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