IMARC Group, a leading market research company, has recently released a report titled “Event Management Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global event management software market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Event Management Software Market?

Report Attributes   

Details

Market Size in 2022

US$ 5.6 Billion

Market Forecast in 2028

US$ 9.8 Billion

Growth rate (2023 to 2028)

CAGR of 9.7%

Base Year of the Analysis

2022

Forecast Period

2023-2028

What is Event Management Software?

Event management software is a specialized application designed to assist in the planning, execution, and analysis of events, ranging from corporate gatherings to music festivals. It centralizes various tasks related to event organization, such as attendee registration, venue selection, budget management, and scheduling. One of the key characteristics of this software is its modular architecture, enabling users to choose specific functionalities that cater to their needs. It often includes features like ticketing systems, audience engagement tools, real-time analytics, and vendor management capabilities. Integration with other platforms, such as CRM systems or social media, is another valuable feature, allowing for a more seamless and interactive experience for both organizers and attendees. Modern event management software frequently offers cloud-based access, facilitating real-time updates and collaborative planning. It can also incorporate AI algorithms to offer insights into attendee behavior, suggesting adjustments that could enhance the overall event experience.

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What are the Growth Prospects and Trends in the Event Management Software Industry?

The escalating need for streamlined event planning and efficient attendee engagement is driving the expansion of the event management software market. Key players such as event organizers, corporations, and educational institutions recognize the indispensable role that such software plays in automating complex tasks and enhancing user experience, thereby facilitating market growth. The software is versatile, finding applications in various types of events including corporate gatherings, academic seminars, and public festivals, thus diversifying its market potential. Technological innovations are substantially affecting the market, with advances in real-time analytics, virtual event capabilities, and AI-powered networking features. Alongside, research and development efforts are geared towards enhancing data security measures, improving user interface design, and integrating sustainability features like digital ticketing to minimize waste. These cumulative initiatives outline a robust outlook for the future of the event management software industry.

The increasing demand for streamlined event planning and execution is one of the key factors propelling the market growth. Event management software helps in automating various tasks involved in event planning, such as registration, ticketing, venue management, and attendee engagement. In addition to this, the widespread adoption of software, as it provides valuable data and analytics that help organizers gain insights into attendee behavior, preferences, and engagement, is favoring the market growth. Besides this,  with the outbreak of the COVID-19 pandemic, virtual and hybrid events have gained significant prominence. Event management software offers features specifically designed for virtual events, such as live streaming, virtual networking, and attendee interaction, which is facilitating the demand for event management software. Furthermore, the integration of event management software system with various other systems like CRM, marketing automation, and finance software, enabling seamless data flow and enhancing overall event management capabilities, is providing an impetus to the market growth. Other factors, including the growing demand for exceptional attendee experiences and enhanced focus on research and development (R&D) activities, are supporting the market growth.

Who are the Key Players Operating in the Event Management Software Market?

The report has also analysed the competitive landscape of the market with some of the key players:

  • Active Network
  • Bizzabo Ltd.
  • RegPack Inc.
  • Hubb
  • Gather Technologies
  • Eventbrite
  • EMS Software LLC
  • XING SE
  • Cvent, RainFocus Inc.
  • SignUpGenius Inc.
  • Ungerboeck Software International
  • Hubilo

What is Included in Market Segmentation?

The report has categorized the market based on component type, deployment type, organization size, end use sector and Region.

Breakup by Component Type:

  • Software
    • Venue Management Software
    • Ticketing Software
    • Event Registration Software
    • Event Marketing Software
    • Event Planning Software
    • Others
      • Content Management Software
      • Visitor Management Software
      • Analytics and Reporting Software
      • Resource Scheduling Software
      • Others
  • Service
      • Professional Services
        • Deployment and Integration
        • Consulting
        • Support and Maintenance
      • Managed Services

Based on Deployment Type:

  • On-Premise
  • Cloud

Analysed by Organization Size:

  • Small and Medium Enterprises
  • Large Enterprises

Breakup by End Use Sector:

  • Corporate
  • Government
  • Third-party Planner
  • Education
  • Mining
  • Others

Regional Analysis:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Key Highlights of The Report: 

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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