Press release
Events Industry Forecast to 2034: Market Trends, Regional Insights, and Key Players
According to the report by Expert Market Research (EMR), the global events industry market reached a value of USD 1406.00 billion in 2024. Driven by the rising demand for both corporate and social events, alongside the growing focus on immersive marketing strategies, the market is expected to expand at a CAGR of 5.10% between 2025 and 2034, reaching an estimated USD 2312.13 billion by 2034.The events industry covers a broad spectrum of activities, such as business conferences, exhibitions, trade shows, live concerts, festivals, and private gatherings. It plays a vital role in fostering brand engagement, facilitating networking opportunities, and offering entertainment, making it a key pillar in business development and cultural expression.
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A major driver behind the industry's expansion is the increasing reliance on experiential marketing. Brands are leveraging engaging and immersive events to strengthen their connection with audiences, boosting the demand for dynamic and interactive experiences. In addition, digital platforms and social media have extended the reach and influence of events, helping organisers connect with audiences across the globe.
Corporate events, including trade shows, seminars, and business meetings, are among the primary segments fuelling the market. These events are essential tools for companies to promote their offerings, build professional relationships, and drive growth. The expansion of international commerce and a more interconnected global business environment are further propelling the demand for such gatherings.
The entertainment and cultural events segment - which features festivals, concerts, and sporting events - is also seeing robust growth. Rising consumer income and an increasing appetite for entertainment and leisure experiences are supporting this trend. The surge in live music popularity and global sports tournaments is further stimulating the market.
North America and Europe remain dominant regions in the events industry, owing to their well-established infrastructure, strong corporate presence, and focus on branding and professional networking. The United States, United Kingdom, Germany, and France are key contributors in these regions.
Meanwhile, the Asia Pacific region is experiencing accelerated growth, thanks to rapid urbanisation, economic advancement, and a burgeoning middle class. Countries like China, India, Japan, and Australia are emerging as significant markets, attracting a rising number of international and regional events.
In addition, Latin America and the Middle East & Africa are evolving as promising markets, driven by investments in infrastructure, tourism, and cultural initiatives. The growing emphasis on trade promotion and cross-cultural interactions is also aiding the development of the events landscape in these areas.
Key players in the global market are focusing on strategies such as strategic partnerships, mergers and acquisitions, and tech-driven innovation to strengthen their market standing. These efforts aim to deliver more memorable and engaging event experiences, thereby enhancing their competitive edge and increasing overall market share.
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Events Industry Market Segmentation
The market is segmented based on event type, revenue source, and region:
Market Breakup by Event Type
Music Events
Festivals and Cultural Events
Sports Events
Exhibitions and Trade Fairs
Corporate Events and Seminars
Market Breakup by Revenue Source
Ticket Sales
Organisers
Sponsorship
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report offers a comprehensive analysis of the key players in the global events industry market, examining aspects such as market shares, production capacities, investments, strategic developments, and plant turnarounds. Major companies featured in the report include:
ATPI Ltd.
Triumph Group International S.P.A. Benefit Company
Reed Exhibitions Limited
GL events Group
BCD Meetings & Events
Anschutz Entertainment Group, Inc.
ASM Global
CTS EVENTIM AG & Co. KGaA
Clarion Events Ltd.
Cvent Inc.
Others
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