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Virtual Events Ignite Growth In The Cloud-Based Event Management Market: Strategic Insights Driving Cloud Based Event Management Market Momentum in 2025

10-22-2025 12:40 PM CET | IT, New Media & Software

Press release from: The Business Research Company

Cloud Based Event Management

Cloud Based Event Management

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What Will the Cloud Based Event Management Industry Market Size Be by 2025?
In recent times, there's been a rapid expansion in the size of the cloud-based event management market. An increase from $10.45 billion in 2024 to $12.12 billion in 2025 is predicted, reflecting a compound annual growth rate (CAGR) of 16.0%. The historic growth is linked to the rising use of cloud-based tech, enhanced demand in the event management sector, growing business and event globalization, and a surge in remote work transitions.

What's the Long-Term Growth Forecast for the Cloud Based Event Management Market Size Through 2029?
Expectations are high for the size of the cloud-based event management market, with swift expansion anticipated in the next few years. By 2029, this market is forecasted to reach a value of $21.93 billion, reflecting a compound annual growth rate (CAGR) of 16.0%. Several factors underpin this projected growth, including acceptance and popularity of virtual and hybrid events, increased demand for event automation, greater need for scalability within event management, emerging demand for mobile event management solutions, and a shift towards on-demand event management solutions. During the forecast period, key trends to watch include technological advances, the integration of AI and machine learning, real-time data analytics, virtual reality (VR) and augmented reality (AR), and the incorporation of social media.

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What Are the Key Growth Drivers Fueling the Cloud Based Event Management Market Expansion?
The escalating trend of online events is predicted to spur the expansion of the cloud-based event management market. An online event, or a virtual event, is one that occurs over the internet, with attendees participating from their own locations instead of in person. The rising fame of online events is credited to factors such as easy accessibility, cost efficiency, growing number of remote work opportunities, and environmental concerns. Cloud-based management services offer a unified platform for event planners to handle all components of their event - from registration, selling tickets, engaging attendees, to even analyzing the event once it's over. These services also provide resources to automate online registering, ticketing, and managing attendees, thus lowering administrative workload. As an example, in January 2022, a survey by Vimeo, an American video hosting, sharing, and services platform provider, showed that 72% of survey respondents plan to participate in the same number (or above) of online events as they currently do, even when physical gatherings restart. As such, the increasing trend of online events is stimulating the expansion of the cloud-based event management market.

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What Are the Key Trends Driving Cloud Based Event Management Market Growth?
Leading firms in the cloud-based event management market are increasingly turning to strategic alliances as a way to offer dependable services to their clients. A strategic alliance is a collaboration between two or more businesses or organizations to help each other or work together to meet their individual objectives. Case in point, The Microsoft Corporation, an American technology firm, forged a partnership with Whova Inc., a US-based software company known for its smart event tech solutions, in March 2022. This partnership's goal is to make managing virtual and hybrid events more straightforward for Microsoft Teams clients by leveraging Whova's strong event planning capabilities and providing attendees an engaging experience. This partnership allows event planners to create, modify, and manage Teams meetings directly via the Whova app, streamlining the whole process by taking care of everything from one single platform. This partnership aims to improve event management experiences through a flawless integration between Microsoft Teams and Whova, delivering a comprehensive solution for planning virtual and hybrid events.

How Is the Cloud Based Event Management Market Segmented?
The cloud based event managementmarket 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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Which Companies Are Leading the Charge in Cloud Based Event Management Market Innovation?
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

Which Regions Are Leading the Global Cloud Based Event Management Market in Revenue?
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.

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4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

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