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Event Management Software Market by Software, Service, Deployment Type, Organization Size, End User And Region - Global Forecast to 2022

Event Management Software Market: Global Forecast until 2022

  • November 2017
  • 125 pages
  • ID: 3419773
In this report:
The market size of the event registration software is expected to grow from USD ##.## million in 2017 to USD ##.## million by 2022, at a CAGR of ##.##% during the forecast period.
North America is expected to grow from USD ##,##.## million in 2017 to USD ##,##.## million by 2022, at a CAGR of ##.##% during the forecast period, due to the quick adoption of the new and emerging technologies.

Summary

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Increasing adoption of event lifecycle automation and event management as a cloud-based provision are driving the overall event management software market.

The overall event management software market size is forecasted to grow from ~$6.4B in 2017 to ~$11.1B by 2022, at an estimated Compound Annual Increase rate of 11.60 percent during the forecast period. This industry is influenced by the increasing need of software to plan and manage the global activities associated in organizing events. On the other hand, integration issues of the software in the existing system or software packages including ERP and Salesforce, are one of the main restraints for the event management software market increase

Event registration software is planned to hold the main market size during the outlook period.

The event registration software is gaining traction very quick in the current market environment. This increasing interest of organizations is due to the fact that firms have realized the benefits of registration of attendees through software, also offering online registrations for participants. It includes payment processing, which helps institutions to automate and simplify the payment collection process in their business. It also customizes the price established on the registrant types, coupons, registration dates, and bulk registrations.

On-premises deployment is intended to hold the main market size during the estimate period.

The on-premises deployment refers to the installation of applications on the premises of an organization, rather than at a remote facility. On-premises software are delivered on a one-time license fee, together with a service agreement. As this deployment requires huge infrastructure and its own data center, institutions that can afford this cost usually deploy on-premises software. Accordingly, Small and Medium-sized Enterprises often face the dilemma of choosing between hosted and on-premises solutions. With advantages, including control over the system and info, and dedicated staff for maintenance and support, it also comes with different drawbacks, including high deployment costs and proper infrastructure requirements, which is not always possible for SMEs to invest in. Nevertheless, the rise of on-premises deployment type is being affected by the quick development of cloud computing solutions.

North America continent is forecasted to hold the main market size during the outlook period.

North America (NA) has the first-mover advantage in the adoption of new technologies, including smartphones and cloud platforms. North American firms are willingly investing in technological improvements. The factors driving the North American event management software market are stable economies, technology enhancements, and better infrastructure. The expenditure on event hosting and effective planning to host an event has been a main issue for several organizations in the territory. The need to enhance the operational efficiency of managing an event has encouraged organizations to take event management software. Asia-Pac is one of the quickest-increasing regions and has a favorable market for event management software and service vendors. India (IN), China (CN), Australia (AU), and Japan (JP) are main contributors to the event management software market increase in Asia-Pacific.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people. The distribution of profiles of primary members taking part is given below as:

• By company category: Tier 1 - 22.0 percent, Tier 2 - 41.0 percent, and Tier 3 - 37.0 percent

• By description: C-suite - 72.0 percent, D-level - 19.0 percent, and Others - 9.0 percent

• By area: North America continent - 64.0 percent, Europe (EU) - 19.0 percent, Asia-Pac - 12.0 percent, Latin America area - 2.0 percent, and MEA -3.0 percent

The event management software ecosystem comprises main vendors, including Eventbrite, Cvent, XING Events, ACTIVE Network, etouches, EMS Software, Ungerboeck Software International, SignUpGenius, Certain, Social Tables, Eventmobi, Hubb, Babylon Software Solution, and Regpack.

Segment Research

The study includes detailed competitive review of these main actors in the event management software market, with their company descriptions, recent evolutions, and key industries strategies. The research document breaks down the event management software market by software, service, deployment type, organization size, end-user, and area.

Reasons to Buy the Report

The analysis on the overall event management software market will facilitate competitors/new sector entrants in the sector in these ways:

1. The document breaks down the event management software market comprehensively and offers the best approximations of the revenue data for the global market and sub-segments. The industry numbers are further split across different industry verticals and localities.

2. The market research benefits the partners comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners in better understanding the players and gaining additional insights to better option their businesses. There is a separate division on competitive scenario, including competitor ecosystem, and mergers and acquisitions. Also, there are company profiles of 14 main vendors in this sector. In this part, industry internals have been provided that can put them ahead of the competitors.

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