Industry Insights
Event management software is a platform that offers event managers to handle event management related operations easily. Event management software are equipped with numerous features such as dashboard, file sharing, task management, worksheet, share calendars, Itineraries/Schedules, email communication, e-signature, invoicing and more which further automates major most parts of event management. The event management software market is expected to rise at a notable compound annual growth rate over the forecast period, i.e. 2020-2025, to reach an aggregate of satisfactory valuation by the end of 2025.
Market Insights
Growth Drivers – Event Management Software Market
Growing Demand for Event Planning Services
There is an increasing demand for innovative, well-organized event management services. Events such as conferences, sport & fitness events, college festivals, entertainment events and more are taking places at resilient rate, thus creating a great demand for event management services. There is also an unmatched growth in number of event management service providers offering management services for various types of events. Also, event management planners are actively using numerous advance tools to ensure highest possible results. The competition among event management companies is also growing at strong pace, and in order to tackle the market competition effectively, event organizers are adopting innovative solutions such as event management software and others, which in turn is likely to encourage the growth of global event management software market.
Growing Demand for Business Related Data through Events
Data collection through business events is another major trend active in the market. Personal data of invitees, their activities during the event and other possible data are widely being used in market research, strategy making and for other purposes. Event management software is a proved and effective method of data collection as it can helps user to collect data at various level of their invitees. Apart from this, additional benefits of using event management software such as it improves visitor’s experience, maximizes attendee convenience, ease in terms of planning & execution of event strategies
Other Growth Drivers of the Market
The event management software has also gone through great transformation, today, EMSs (event management software) are equipped with wide range of features, offering great convenience, cost benefits and are also obviating various unnecessary requirements. These capabilities of EMS are amusing almost every event planner in the world. Increasing number of companies, who are offering event management software and continuous upgradation in event management software is projected to thrive the market of event management software at notable rate in upcoming years.
Barriers – Event Management Software Market
Data privacy & security concerns with usage of event management software is acting as a key challenge within the market of event management software market. Also, the strong competition in the market is another concern confronting the market players in event management software market globally.
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Segmentation
The research offers a comprehensive analysis of event management software market with respect to following sub-markets:
By Type
- All-in-One Event Management Software
- One-solution Platforms
- Event Registration & Ticketing
- Website Development
- Surveys & Polls
- Others
By Deployment
- Cloud-based
- On-premise
By Organization Size
- Small and Medium-Sized Enterprises
- Large Enterprises
By Geography
-North America (U.S. & Canada)
-Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
-Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, New Zealand and Rest of Asia Pacific)
-Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
-Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as:
-Aventri, Inc.
-Eventtia
-Planning Pod
-Cvent Inc.
- ClearEvent, Inc.
-Hubilo Softech Private Limited
-Big Tree Entertainment Private. Limited
-Profit Systems Inc.
-Eventbrite
-Whova
-Other Major & Niche Players
Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, and recent news (acquisition, expansion, technology development, research & development expansion and other market activities).
The study also provides company’s positioning and market share in event management software market.
Timeline Considered for Analysis:
2019- Base Year
2020 – Estimated Year
2020 to 2025 – Forecasted Year
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global event management software market by the following segments:
- Type
- Deployment
- Organization Size
Geographic Market Analysis:
The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.
Key Questions Answered in the Global Event Management Software Industry Report
- What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?
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