Event Management Software Market Overview:
The Event Management Software Market analysis provides a comprehensive picture of the competition, including the market share and company profiles of the worldwide industry's top rivals. The research scope covers a complete analysis of the Event Management Software Market , as well as the causes for variances in the industry's growth in various places.
Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
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Segmentation:
by Component
Software
Service
by Deployment Mode
Cloud
On-Premises
The worldwide event management software market is further divided into Software and Service based on Deployment Mode. In 2022, the software segment had the highest market share at 62.3%. Event management software can be used by businesses and educational institutions to plan and carry out virtual events that are tailored to their needs. The widespread adoption of event management software is probably going to gain from the ongoing digital revolution occurring across many industries and business sectors. During the projection period, the service segment is anticipated to increase at the highest CAGR of 13.7%. The managed and professional services offered by different event management software providers are responsible for this market segment's expansion.
by Organization
Size Small and Medium Enterprises
Large Enterprises
by Vertical
Event Organizers & Planners
Corporate
Government
Education
Others
The corporate, governmental, educational, and other segments of the global market for event management software are divided based on vertical. With a 38.6% market share in 2022, the segment of Event Organisers & Planners led all other categories. Event planners have a greater number of events to execute than in-house planners. Therefore, event planners may find event management software to be very helpful. The increased demand for holding virtual events in the wake of the COVID-19 epidemic is anticipated to fuel the segment's expansion over the course of the projected period. In 2022, the Corporate segment had the second-largest market share (20.5%). owing to often occurring corporate events The effectiveness of the software will determine market demand.
Key Players:
The entire procedure comprises a review of the financial records of the important market participants. Following an evaluation of the total market size, the market was divided into many divisions and sub-segments, which were confirmed by key industry professionals such as CEOs, VPs, directors, and marketing executives. The biggest players in the Event Management Software Market are as follows:
1. Active Network, LLC
2. Aventri Inc.
3. Bizzabo Ltd.
4. Certain Inc.
5. Cvent Inc.
6. EMS Software LLC
7. Eventbrite, Inc.
8. Gather Technologies
9. Hubb LLC
10. Hubilo Inc.
11. RainFocus, Inc.
12. RegPack, Inc.
13. SignUpGenius Inc.
14. TryBooking Pty Ltd.
15. Ungerboeck Software International Inc.
16. Webconnex
17. XING SE
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Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Event Management Software Market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Event Management Software Market :
Due to a break in operations, end-user sectors where Event Management Software Market are used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for Event Management Software Market manufacturers, affecting the development of the Event Management Software Market in 2020. End-user business demand for Event Management Software Market has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.
Key Questions Answered in the Event Management Software Market Report are:
- Which segment had the largest share in the Event Management Software Market in 2021?
- What is the competitive landscape of the Event Management Software Market ?
- Which are the key drivers aiding the Event Management Software Market growth?
- Which region has the maximum share in the Event Management Software Market ?
- What will be the CAGR of the Event Management Software Market during the forecast period ?
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