The event management software market is set for rapid growth over the forecast period. In terms of revenue, the global event management software market accounted for USD 3.27 Billion in 2019 and is expected to reach USD 6.37 Billion by 2026, growing at a CAGR of 10%.
The event management software market is set for rapid growth over the forecast period. In terms of revenue, the global event management software market accounted for USD 3.27 Billion in 2019 and is expected to reach USD 6.37 Billion by 2026, growing at a CAGR of 10%.
Global Event Management Software Market: Overview
A broad variety of software products are used to handle all sorts of activities such as academic and technical conferences, business events, and others; this robust range of software products is commonly known as event management software. Online registration & delegate control, booking and billing, selection & ordering, content management including reviewing, abstract and paper management, choice of locations, on-site activities including registration, and many more are included with event management solutions. Event organizers also use software for event schedules as it makes the activities very simple to organize.
Global Event Management Software Market: Growth Factors
The main factors that contribute to the growth of the market for event management software include the introduction of the proposed methods of managing an event, including the management of the large data database, along with the increasing need to manage the uncertainty of the events. In the past couple of years, the cloud platform has gained notable prominence among all economic sectors. This popularity is due to the advantages of its ability to deploy easily, great scalability, cost-effectiveness, and easy accessibility. In order to use these services, big companies deploy event management software solutions on a private cloud, while small to medium-sized businesses use the public cloud. Increased use of the smartphone and the spread of digital media have fuelled the tech demand for event management. Several factors negatively impact the growth of the industry, including the lack of knowledge of these solutions in emerging countries, the lack of trained experts, and the initial set-up costs that impede the growth of the market.
Global Event Management Software Market: Segmentation
The event management software market is globally bifurcated into its components, deployment mode, organization size, and verticals. Based on components type, the market is split into services and software. Further, the services segment is split into professional services, deployment and integration, and managed services. The software segment is also further sub-segmented into event registration software, venue management software, event planning software, ticketing software, analytics software, and event marketing software. The service type holds the maximum share as they directly deal with the customer experience and their issues. These services are majorly used by various event planners for aligning their entire event cycle, helping them to gain business insights from the events organized by them for better improvement. Based on deployment type, the market is divided into on-premise and cloud-based out of which on-premise holds the maximum share as they help the event planners store the valuable data on-premise of an organization and helping them to gain control over their data and also helps in reducing costs by providing one-time licensing fees for registration. The segmentation of organization size is split into SMBs and large enterprises, out of which SMBs are anticipated to hold the maximum share owing to the rising inclination of small and medium enterprises towards improving and automating their business operations. Based on verticals, the market is divided into corporate, government, education, third-party planners, and others, out of which corporate hold maximum share as corporate events are conducted regularly along with the rising efficiency of software in streaming operations and managing the attendees present in the corporate events.
Global Event Management Software Market: Regional Analysis
North America is the dominant market for event management software owing to the rising adoption of event management software for various events related to sports, education, and other private events. The presence of significant players associated with the market also fosters the demand in the region. The Asia Pacific event management software market will experience higher growth owing to the surging availability of skilled labors coupled with the rising adoption of event management software by several SMEs entering in various industries.
Global Event Management Software Market: Competitive Players
Some of the key players in the event management software market are Cvent, Eventzilla, Xing Events, Certain Inc., Ungerboeck, touches, EventbriteDEA, Active Networks, Lanyon, Zerista, RegPoint Solutions, and SocialTables among others.
Global Event Management Software Market: Regional Segment Analysis
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Event Management Software Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Event Management Software Market
FIG. 6 Global Event Management Software Market Attractiveness, By Components
FIG. 7 Global Event Management Software Market Attractiveness, By Deployment Mode
FIG. 8 Global Event Management Software Market Attractiveness, By Organization Size
FIG. 9 Global Event Management Software Market Attractiveness, By Large Enterprises
FIG. 10 Global Event Management Software Market Attractiveness, By End-User
FIG. 11 Company Share Analysis, 2019
FIG. 12 Global Event Management Software Market Revenue Share, by Components, 2019 & 2026
FIG. 13 Global Event Management Software Market for Software, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Event Management Software Market for Services, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Event Management Software Market Revenue Share, by Deployment Mode, 2019 & 2026
FIG. 16 Global Event Management Software Market for On-Premise, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Event Management Software Market for Cloud Based, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Event Management Software Market Revenue Share, by Organization Size, 2019 & 2026
FIG. 19 Global Event Management Software Market for SMBs, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Event Management Software Market for Large Enterprises, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Event Management Software Market Revenue Share, by Large Enterprises, 2019 & 2026
FIG. 22 Global Event Management Software Market for Corporate, Revenue (USD Million) 2016 - 2026
FIG. 23 Global Event Management Software Market for Government, Revenue (USD Million) 2016 - 2026
FIG. 24 Global Event Management Software Market for Education, Revenue (USD Million) 2016 - 2026
FIG. 25 Global Event Management Software Market for Third-Party Planners, Revenue (USD Million) 2016 - 2026
FIG. 26 Global Event Management Software Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 27 Global Event Management Software Market Revenue Share, by Region, 2019 & 2026
FIG. 28 North America Event Management Software Market Revenue, 2016 - 2026 (USD Million)
FIG. 29 Europe Event Management Software Market Revenue, 2016 - 2026 (USD Million)
FIG. 30 Asia Pacific Event Management Software Market Revenue, 2016 - 2026 (USD Million)
FIG. 31 Latin America Event Management Software Market Revenue, 2016 - 2026 (USD Million)
FIG. 32 The Middle-East and Africa Event Management Software Market Revenue, 2016 - 2026 (USD Million)
FIG. 33 Cvent Business Segment Revenue Share, 2018 (%)
FIG. 34 Cvent Geographical Segment Revenue Share, 2018 (%)
List of Tables
TABLE 1 Global Event Management Software Market: Snapshot
TABLE 2 Drivers of the Event Management Software Market: Impact Analysis
TABLE 3 Restraints for the Event Management Software Market: Impact Analysis
TABLE 4 Global Event Management Software Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Event Management Software Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Event Management Software Market Revenue, by Components, 2016 – 2026 (USD Million)
TABLE 7 North America Event Management Software Market Revenue, by Deployment Mode, 2016 – 2026 (USD Million)
TABLE 8 North America Event Management Software Market Revenue, by Organization Size, 2016 – 2026 (USD Million)
TABLE 9 North America Event Management Software Market Revenue, by Large Enterprises, 2016 – 2026 (USD Million)
TABLE 10 Europe Event Management Software Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 11 Europe Event Management Software Market Revenue, by Components, 2016 – 2026 (USD Million)
TABLE 12 Europe Event Management Software Market Revenue, by Deployment Mode, 2016 – 2026 (USD Million)
TABLE 13 Europe Event Management Software Market Revenue, by Organization Size, 2016 – 2026 (USD Million)
TABLE 14 Europe Event Management Software Market Revenue, by Large Enterprises, 2016 – 2026 (USD Million)
TABLE 15 Asia Pacific Event Management Software Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 16 Asia Pacific Event Management Software Market Revenue, by Components, 2016 – 2026 (USD Million)
TABLE 17 Asia Pacific Event Management Software Market Revenue, by Deployment Mode, 2016 – 2026 (USD Million)
TABLE 18 Asia Pacific Event Management Software Market Revenue, by Organization Size, 2016 – 2026 (USD Million)
TABLE 19 Asia Pacific Event Management Software Market Revenue, by Large Enterprises, 2016 – 2026 (USD Million)
TABLE 20 Latin America Event Management Software Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 21 Latin America Event Management Software Market Revenue, by Components, 2016 – 2026 (USD Million)
TABLE 22 Latin America Event Management Software Market Revenue, by Deployment Mode, 2016 – 2026 (USD Million)
TABLE 23 Latin America Event Management Software Market Revenue, by Organization Size, 2016 – 2026 (USD Million)
TABLE 24 Latin America Event Management Software Market Revenue, by Large Enterprises, 2016 – 2026 (USD Million)
TABLE 25 The Middle-East and Africa Event Management Software Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 26 The Middle-East and Africa Event Management Software Market Revenue, by Components, 2016 – 2026 (USD Million)
TABLE 27 The Middle-East and Africa Event Management Software Market Revenue, by Deployment Mode, 2016 – 2026 (USD Million)
TABLE 28 The Middle-East and Africa Event Management Software Market Revenue, by Organization Size, 2016 – 2026 (USD Million)
TABLE 29 The Middle-East and Africa Event Management Software Market Revenue, by Large Enterprises, 2016 – 2026 (USD Million)
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The main factors that contribute to the growth of the market for event management software include the introduction of the proposed methods of managing an event, including the management of the large data database, along with the increasing need to manage the uncertainty of the events. In the past couple of years, the cloud platform has gained notable prominence among all economic sectors. This popularity is due to the advantages of its ability to deploy easily, great scalability, cost-effectiveness, and easy accessibility.
According to Zion Market Research, the event management software market is set for rapid growth over the forecast period. In terms of revenue, the global event management software market accounted for USD 3.27 Billion in 2019 and is expected to reach USD 6.37 Billion by 2026, growing at a CAGR of 10%.
North America is the dominant market for event management software owing to the rising adoption of event management software for various events related to sports, education, and other private events. The presence of significant players associated with the market also fosters the demand in the region.
Some of the key players in the event management software market are Cvent, Eventzilla, Xing Events, Certain Inc., Ungerboeck, touches, EventbriteDEA, Active Networks, Lanyon, Zerista, RegPoint Solutions, and SocialTables among others.
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