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Growing Emphasis On Attendee Experience Fueling The Growth Of The Market Due To Rising Demand For Personalization And Engagement Emerges as a Core Driver of the Event Management Tools Market in 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Event Management Tools Industry Market Size Be by 2025?
The market size for event management tools has experienced significant growth in the past few years. It is forecasted to grow from $5.82 billion in 2024 to $6.33 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.7%. Factors such as increased demand for virtual events, the necessity for real-time analytics, an expanding social media impact, the need for customised experiences for attendees, and the prevalent use of cloud-based solutions have all contributed to the growth observed in the historic period.
What's the Long-Term Growth Forecast for the Event Management Tools Market Size Through 2029?
In the coming years, the market size for event management tools is projected to experience robust growth, reaching a forecasted value of $8.97 billion by 2029, advancing at a CAGR of 9.1%. This predicted growth during the forecast period is largely due to the expansion of hybrid events, the heightened use of data analytics, a rising demand for sustainable event methods, growing interest in influencer-led events, burgeoning cybersecurity issues, and the need for a flawless user experience. Notable trend predictions for this period incorporate the use of AI-driven chatbots and assistants, integration of virtual and augmented reality, use of blockchain for secure ticketing, advanced analytical data and insights, facial recognition at check-in, IoT-enabled smart venues, and cloud-based collaboration utilities.
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What Are the Key Growth Drivers Fueling the Event Management Tools Market Expansion?
The anticipated growth of the event management tools market is linked to the increasing focus on attendee experience. This concept centers on the total satisfaction, engagement, and convenience that attendees appreciate before, during, and after an event, influenced by elements such as the quality of content, interaction, personalization, and event logistics. The heightened focus on attendee experience is rooted in the rising demand for engaging, tailored events as attendees seek experiences that cater to their interests, augmenting their satisfaction and loyalty. Event management tools facilitate attendee experience by simplifying event logistics and offering personalized interactions, making events more captivating and efficient. These tools lessen planning intricacy by automating tasks and promoting real-time communication, thus enhancing overall attendee satisfaction. For example, Eventbrite's TRNDS 2024 report in January 2024 noted that global attendance at health and wellness events rose by 21% in 2023 compared to 2022. Hence, the amplifying focus on attendee experience is fostering the growth of the event management tools market.
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What Are the Key Trends Driving Event Management Tools Market Growth?
Leading firms in the event management tools market are prioritizing the introduction of high-tech solutions like real-time event streaming to foster engagement, accessibility, and interaction for virtual and hybrid events. Real-time event streaming allows events to be broadcast live over the internet, enabling remote participants to view and interact with the event as it unfolds. An example of this trend was when RingCentral Inc., a cloud communications technology company based in the US, unveiled new features, Studio and AI Clips, in its RingCentral Events platform in January 2025 to enhance live event production and content creation after the event. The Studio feature lets organizers stream and produce interactive, branded events in the same user interface, and AI clips help marketers generate AI-generated event highlights. These new features are aimed at simplifying event management, offering professional real-time streaming and AI-generated highlight clips for improved engagement and efficiency.
How Is the Event Management Tools Market Segmented?
The event management toolsmarket 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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Which Companies Are Leading the Charge in Event Management Tools Market Innovation?
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.
Which Regions Are Leading the Global Event Management Tools Market in Revenue?
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.
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