Event Management Software Market size is set to grow by USD 2,425.09 million from 2022 to 2027; the increasing adoption of cashless payment methods to boost the market – Technavio
Press Releases
Jun 23, 2023
NEW YORK, June 22, 2023 /PRNewswire/ — The global event management software market size is estimated to grow by USD 2,425.09 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 7.76% during the forecast period. North America is estimated to account for 45% of the global market growth. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) – Request a sample report
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Event Management Software Market – Segmentation Assessment
Segment Overview
This event management software market report extensively covers market segmentation by deployment (cloud-based and on-premise), component (software and services), and geography (North America, Europe, APAC, Middle East and Africa, and South America).
- The market share growth by the cloud-based segment will be significant for market growth during the forecast period. One of the major factors driving the segment growth is the vendor’s ability to offer a software-as-a-service (SaaS) pricing model owing to cloud-based software lowering operational and investment risks. Furthermore, the adoption of the cloud-based deployment model has made event management software more affordable. Moreover, the widespread use of the internet can be held responsible for the rising adoption of cloud-based solutions. Hence, owing to all these factors, the global cloud-based event management software market is expected to grow during the forecast period.
Geography Overview
By geography, the global event management software market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global event management software market.
- North America is estimated to account for 45% of the growth of the global market during the forecast period. Global IT and retail companies are primarily based in this region. It is anticipated to expand due to an increase in trade shows, international conferences and summits, and sporting events during the forecast period. Moreover, the vast majority of marketing and telecom businesses in this region also use event management software to organize events. Hence, such factors boost the regional market growth during the forecast period.
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wise historic data (2017 to 2021), and forecast market size (2023 to 2027) – Download a
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Event Management Software Market – Market Dynamics
Key factor driving market growth
The increasing adoption of cashless payment methods drives the market growth during the forecast period. Wristbands and other wearable items were used at events to separate attendees into different types or groups previously, whereas, wearables are currently employed in events to distinguish attendees and complete transactions.
Furthermore, attendees can load money onto a wearable using cashless payment systems, which they can then use to purchase goods or services at an event. This results in one not needing to carry a wallet. Hence, such factors drive the growth of the market during the forecast period.
Leading trends influencing the market
The emergence of chatbots is an emerging trend influencing market growth during the forecast period. Event planners can receive assistance from a chatbot with artificial intelligence (AI), which can help with an event in a variety of ways.
The various ways include responding to frequent queries from attendees, gathering feedback, encouraging interaction, and sending out tailored notifications. Hence, such trends boost the market growth during the forecast period.
Major challenges hindering the market growth
Data security-related issues challenge the growth of the market during the forecast period. Just like many data integration and quality applications, event management software has safety issues. Since they are more affordable and accessible, cloud-based solutions are preferred by some businesses over on-premises ones.
Also, if they are more affordable and accessible, cloud-based solutions are preferred by some businesses over on-premises ones. This results in a lot of users being worried about the data security regulations governing cloud-based solutions. Hence, such challenges impede market growth during the forecast period.
Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021) and
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What are the key data covered in this Event Management Software Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the event management software market between 2023 and 2027
- Precise estimation of the size of the event management software market and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the event management software market across North America, Europe, APAC, Middle East and Africa, and South America
- A thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of event management software market vendors
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Event Management Software Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.76% |
Market growth 2023-2027 |
USD 2,425.09 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
7.32 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 45% |
Key countries |
US, Canada, China, UK, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
5Touch Solution Inc., Arlo Software Ltd., Aventri Inc., Bizzabo, CadmiumCD LLC, Certain Inc., Cvent Inc., Eventbrite Inc., EventGeek Inc., Eventzilla Corp., Fortive Corp., Global Payments Inc., Glue Up, Hubb, MIE Software Pty Ltd., New Work SE, RainFocus LLC, Ungerboeck, Whova Inc., and Zoho Corp. Pvt. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global event management software market 2017 – 2021
- Exhibit 18: Historic Market Size – Data Table on Global event management software market 2017 – 2021 ($ million)
- 4.2 Deployment Segment Analysis 2017 – 2021
- Exhibit 19: Historic Market Size – Deployment Segment 2017 – 2021 ($ million)
- 4.3 Component Segment Analysis 2017 – 2021
- Exhibit 20: Historic Market Size – Component Segment 2017 – 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 – 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
- 4.5 Country Segment Analysis 2017 – 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by Deployment
- 6.1 Market segments
- Exhibit 30: Chart on Deployment – Market share 2022-2027 (%)
- Exhibit 31: Data Table on Deployment – Market share 2022-2027 (%)
- 6.2 Comparison by Deployment
- Exhibit 32: Chart on Comparison by Deployment
- Exhibit 33: Data Table on Comparison by Deployment
- 6.3 Cloud-based – Market size and forecast 2022-2027
- Exhibit 34: Chart on Cloud-based – Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Cloud-based – Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Cloud-based – Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Cloud-based – Year-over-year growth 2022-2027 (%)
- 6.4 On-premise – Market size and forecast 2022-2027
- Exhibit 38: Chart on On-premise – Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on On-premise – Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on On-premise – Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on On-premise – Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Deployment
- Exhibit 42: Market opportunity by Deployment ($ million)
- Exhibit 43: Data Table on Market opportunity by Deployment ($ million)
7 Market Segmentation by Component
- 7.1 Market segments
- Exhibit 44: Chart on Component – Market share 2022-2027 (%)
- Exhibit 45: Data Table on Component – Market share 2022-2027 (%)
- 7.2 Comparison by Component
- Exhibit 46: Chart on Comparison by Component
- Exhibit 47: Data Table on Comparison by Component
- 7.3 Software – Market size and forecast 2022-2027
- Exhibit 48: Chart on Software – Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Software – Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Software – Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Software – Year-over-year growth 2022-2027 (%)
- 7.4 Services – Market size and forecast 2022-2027
- Exhibit 52: Chart on Services – Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Services – Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Services – Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Services – Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Component
- Exhibit 56: Market opportunity by Component ($ million)
- Exhibit 57: Data Table on Market opportunity by Component ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2022-2027 (%)
- Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 North America – Market size and forecast 2022-2027
- Exhibit 63: Chart on North America – Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on North America – Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on North America – Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on North America – Year-over-year growth 2022-2027 (%)
- 9.4 Europe – Market size and forecast 2022-2027
- Exhibit 67: Chart on Europe – Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on Europe – Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Europe – Year-over-year growth 2022-2027 (%)
- 9.5 APAC – Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC – Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on APAC – Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC – Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa – Market size and forecast 2022-2027
- Exhibit 75: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
- 9.7 South America – Market size and forecast 2022-2027
- Exhibit 79: Chart on South America – Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on South America – Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on South America – Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on South America – Year-over-year growth 2022-2027 (%)
- 9.8 US – Market size and forecast 2022-2027
- Exhibit 83: Chart on US – Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on US – Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on US – Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on US – Year-over-year growth 2022-2027 (%)
- 9.9 China – Market size and forecast 2022-2027
- Exhibit 87: Chart on China – Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on China – Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on China – Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on China – Year-over-year growth 2022-2027 (%)
- 9.10 UK – Market size and forecast 2022-2027
- Exhibit 91: Chart on UK – Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on UK – Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on UK – Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on UK – Year-over-year growth 2022-2027 (%)
- 9.11 Germany – Market size and forecast 2022-2027
- Exhibit 95: Chart on Germany – Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Germany – Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Germany – Year-over-year growth 2022-2027 (%)
- 9.12 Canada – Market size and forecast 2022-2027
- Exhibit 99: Chart on Canada – Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Canada – Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Canada – Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ million)
- Exhibit 104: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 Arlo Software Ltd.
- Exhibit 111: Arlo Software Ltd. – Overview
- Exhibit 112: Arlo Software Ltd. – Product / Service
- Exhibit 113: Arlo Software Ltd. – Key offerings
- 12.4 Aventri Inc.
- Exhibit 114: Aventri Inc. – Overview
- Exhibit 115: Aventri Inc. – Product / Service
- Exhibit 116: Aventri Inc. – Key offerings
- 12.5 Bizzabo
- Exhibit 117: Bizzabo – Overview
- Exhibit 118: Bizzabo – Product / Service
- Exhibit 119: Bizzabo – Key offerings
- 12.6 CadmiumCD LLC
- Exhibit 120: CadmiumCD LLC – Overview
- Exhibit 121: CadmiumCD LLC – Product / Service
- Exhibit 122: CadmiumCD LLC – Key offerings
- 12.7 Certain Inc.
- Exhibit 123: Certain Inc. – Overview
- Exhibit 124: Certain Inc. – Product / Service
- Exhibit 125: Certain Inc. – Key offerings
- 12.8 Cvent Inc.
- Exhibit 126: Cvent Inc. – Overview
- Exhibit 127: Cvent Inc. – Product / Service
- Exhibit 128: Cvent Inc. – Key offerings
- 12.9 Eventbrite Inc.
- Exhibit 129: Eventbrite Inc. – Overview
- Exhibit 130: Eventbrite Inc. – Product / Service
- Exhibit 131: Eventbrite Inc. – Key offerings
- 12.10 EventGeek Inc.
- Exhibit 132: EventGeek Inc. – Overview
- Exhibit 133: EventGeek Inc. – Product / Service
- Exhibit 134: EventGeek Inc. – Key offerings
- 12.11 Eventzilla Corp.
- Exhibit 135: Eventzilla Corp. – Overview
- Exhibit 136: Eventzilla Corp. – Product / Service
- Exhibit 137: Eventzilla Corp. – Key offerings
- 12.12 Fortive Corp.
- Exhibit 138: Fortive Corp. – Overview
- Exhibit 139: Fortive Corp. – Business segments
- Exhibit 140: Fortive Corp. – Key news
- Exhibit 141: Fortive Corp. – Key offerings
- Exhibit 142: Fortive Corp. – Segment focus
- 12.13 Glue Up
- Exhibit 143: Glue Up – Overview
- Exhibit 144: Glue Up – Product / Service
- Exhibit 145: Glue Up – Key offerings
- 12.14 Hubb
- Exhibit 146: Hubb – Overview
- Exhibit 147: Hubb – Product / Service
- Exhibit 148: Hubb – Key offerings
- 12.15 New Work SE
- Exhibit 149: New Work SE – Overview
- Exhibit 150: New Work SE – Business segments
- Exhibit 151: New Work SE – Key news
- Exhibit 152: New Work SE – Key offerings
- Exhibit 153: New Work SE – Segment focus
- 12.16 Ungerboeck
- Exhibit 154: Ungerboeck – Overview
- Exhibit 155: Ungerboeck – Product / Service
- Exhibit 156: Ungerboeck – Key offerings
- 12.17 Whova Inc.
- Exhibit 157: Whova Inc. – Overview
- Exhibit 158: Whova Inc. – Product / Service
- Exhibit 159: Whova Inc. – Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 160: Inclusions checklist
- Exhibit 161: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 162: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 163: Research methodology
- Exhibit 164: Validation techniques employed for market sizing
- Exhibit 165: Information sources
- 13.5 List of abbreviations
- Exhibit 166: List of abbreviations
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