Press release
Rising Number Of Sports Leagues Fuels Growth In The Events Industry Market: Strategic Insights Driving Events Industry Market Momentum in 2025
Events Industry Market
Events Industry Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size of the events industry has seen substantial expansion. The industry's worth, set to escalate from $1227.3 billion in 2024 to $1338.77 billion in 2025, reveals a compound annual growth rate (CAGR) of 9.1%. The factors propelling growth during the historical period include an increase in religious and cultural festivals, surge in the number of public fairs, shifting consumer tastes, emphasis on sustainability, and government backing and regulation.
Events Industry Market Size Forecast: What's the Projected Valuation by 2029?
The forecast for the events industry market size suggests robust expansion in the upcoming years, with projections predicting a growth to $1911.9 billion in 2029, averaging an annual compound growth rate (CAGR) of 9.3%. This anticipated growth within the forecast period can be traced back to several factors, including a rising interest in environment-friendly events, expansion in tourism and destination events, variable corporate investments, an uptick in business conferences, and the burgeoning number of sports leagues. The forecast period would likely be characterized by major trends like technological innovations, the emergence of 3D virtual venues, evolution in event technology, the use of data for event planning, and the conjunction of artificial intelligence (AI).
View the full report here:
https://www.thebusinessresearchcompany.com/report/events-industry-global-market-report
What Are the Drivers Transforming the Events Industry Market?
The upward trend in the popularity of sports leagues is anticipated to accelerate the expansion of the events industry. These sports leagues are structured competitions among teams or individual athletes that span a certain timeline, abiding by set rules and guidelines. This rise in the number of sports leagues can be attributed to their growing appeal to both competitors and spectators, an increase in resources to coordinate events, and the surge in broadcasting and digital media. The events industry equips these live sports leagues with crucial infrastructures such as venue management, ticketing systems, and promotional endeavors, attracting large viewer bases and promoting community interaction. For example, Deloitte Touche Tohmatsu Limited, a professional services company based in UK, revealed that in January 2024, the top 20 football money league clubs made a record-breaking revenue of $11.6 billion (€10.5 billion) during the 2022-2023 period, marking a 14% rise from 2021-2022. Thus, the surging popularity of sports leagues is a key factor advancing the growth of the events industry market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19055&type=smp
What Long-Term Trends Will Define the Future of the Events Industry Market?
Leading players in the events industry market are prioritizing the creation of innovative solutions, specifically event management software, aimed at enhancing different elements of event management, including registration and invoicing. Event management software within the events field is a digital application meant to assist event planners in efficiently organizing, implementing, and overseeing events. The software streamlines numerous aspects of event organization, ranging from logistics and registration to promotion and post-event evaluation. For example, in June 2024, Evexus, a software development firm based in Australia, introduced a comprehensive event management software designed to optimize and elevate the international event planning processes. The platform incorporates advanced technologies, such as artificial intelligence (AI), step-by-step registration, and upfront payment, filling a substantial void in the existing event management market. These progressive features aim to transform industry norms by simplifying organization and improving the event experience. Moreover, it aids event coordinators in showcasing sponsors, providing on-demand content, collecting valuable data insights, and broadcasting events live.
Which Segments in the Events Industry Market Offer the Most Profit Potential?
The events industrymarket covered in this report is segmented -
1) By Type: Music Concerts, Festivals, Sports, Exhibitions And Conferences, Corporate Events And Seminar, Other Types
2) By Age Group: Below 20 Years, 21-40 Years, Above 40 Years
3) By Revenue Source: Ticket Sale, Sponsorship, Food And Beverage, Other Revenue Sources
4) By Organizer: Corporate, Sports, Education, Entertainment, Other Organizers
Subsegments:
1) By Music Concerts: Live Music Performances, Virtual Concerts, Music Festivals, Album Launch Events, Tour Concerts
2) By Festivals: Cultural Festivals, Religious Festivals, Food And Wine Festivals, Film Festivals, Arts And Craft Festivals
3) By Sports: Professional Sports Leagues, International Sporting Events, Esports Tournaments, Marathons and Races, Local and Community Sports Events
4) By Exhibitions And Conferences: Trade Shows, Product Launches, Industry-Specific Conferences, Networking Events, Virtual Exhibitions And Conferences
5) By Corporate Events and Seminars: Business Meetings, Team-Building Events, Corporate Training Seminars, Product Presentations, Shareholder Meetings
6) By Other Types: Weddings, Charity And Fundraising Events, Social And Private Parties, Award Ceremonies, Fashion Shows
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=19055&type=smp
Which Firms Dominate the Events Industry Market by Market Share and Revenue in 2025?
Major companies operating in the events industry market are Live Nation Entertainment Inc., RELX Group PLC, Anschutz Entertainment Group Inc., BCD Group Inc., Freeman Company, Informa PLC, ATPI Ltd., GL Events SA, Reed Exhibitions Limited, Messe Frankfurt GmbH, Cvent Inc., MCH Group AG, Clarion Events Ltd., Emerald Holding, Hyve Group plc, Questex LLC, Access Destination Services LLC, Bizzabo Inc., Social Tables Inc., Outback Concerts LLC, Riviera Events LLC, IMEX Group Ltd., Eventful Inc., CL Events Limited, Entertaining Asia Ltd.
Which Regions Offer the Highest Growth Potential in the Events Industry Market?
Europe was the largest region in the events industry market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the events industry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19055
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising Number Of Sports Leagues Fuels Growth In The Events Industry Market: Strategic Insights Driving Events Industry Market Momentum in 2025 here
News-ID: 4244174 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Event
Streamlining Event Planning with Event Zone EMG's Innovative Tools
In the fast-paced world of event planning, having the right tools can make all the difference. Event Zone EMG understands this need and has developed a suite of innovative tools designed to simplify the event planning process for both professional planners and individuals alike.
Event Budgeting Tool
One of the standout features is the Event Budgeting Tool, which allows users to create and manage their event budgets efficiently. This tool helps users…
Collectors Club Grand Opening Event: Wynwood's Premier Luxury Collectibles Event
Image: https://www.abnewswire.com/upload/2025/01/f92aa184d25018eea188d7bc5fe22e65.jpg
Miami, FL - January 31, 2025 - A groundbreaking new destination for collectors, enthusiasts, and connoisseurs of high-end trading cards and memorabilia is set to redefine the industry. Collectors Club, located in the heart of Wynwood, Miami, officially opens its doors today, Friday, January 31, at 8 PM. This unprecedented experience combines an elite collectibles showcase, on-site AI-powered card grading, and a luxurious lounge-all in one stunning venue.
A Never-Before-Seen…
Enhance Any Outdoor Event with A-Frame Event Tents
Outdoor events provide a unique opportunity to connect with your audience in a natural and engaging environment. Whether you're organizing a festival, corporate event, or a community gathering, the choice of event tent can significantly impact the experience of your attendees. Among the various options available, the A-frame event tent [https://www.tourletent.com/pvc-wall-sandwich-panels-wall-glass-wall-single-span-large-area-a-frame-tent-product/] stands out as a versatile and practical choice for manufacturers and event organizers alike.
Versatility in Design
A-frame event tents [https://www.tourletent.com/transparent-pvc-roof-aluminum-frame-luxury-outdoor-wedding-event-party-marquee-tents-product/]…
UK and Ireland Virtual Event Market to Witness Comprehensive Growth by 2027 ; Fi …
As per the report published by Allied Market Research, the UK and Ireland virtual event market was accounted for $3.14 billion in 2019, and is estimated to reach $36.18 billion by 2027, growing at a CAGR of 13.3% from 2021 to 2027.
Rise in trend of work from home, surge in sponsorship for virtual events, low operational cost in organizing virtual events, and the globalization of businesses drive the growth of…
UK and Ireland Virtual Event Market to Generate $36.18 Billion by 2027 | First E …
As per the report published by Allied Market Research, the UK and Ireland virtual event market was accounted for $3.14 billion in 2019, and is estimated to reach $36.18 billion by 2027, growing at a CAGR of 13.3% from 2021 to 2027.
Rise in trend of work from home, surge in sponsorship for virtual events, low operational cost in organizing virtual events, and the globalization of businesses drive the growth of…
Event Planning App - How to Develop Event Management Apps?
Event Planners Are Turning to App Makers to Develop Event Planning Apps for Their Business
The event management businesses are using technology to develop event planning apps which help them improve their services.
Fully-Customizable & Industry Specific Library of Pre-built Business Modules @
Mobile apps have given the event management businesses a platform to improve and better their business by creating event planning apps.
Fully-Customizable & Industry Specific Library of Pre-built Business Modules @…
