Event Management Software Market by Deployment and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR44261
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The event management software market has the potential to grow by USD 2.34 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 8.07%.

This event management software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by deployment (cloud-based and on-premise) and geography (North America, Europe, APAC, MEA, and South America). The event management software market report also offers information on several market vendors, including Arlo Software Ltd., Aventri Inc., Bizzabo Inc., Eventbrite Inc., Fortive Corp., Glue Up, New Work SE, Ungerboeck, Vista Equity Partners Management LLC, and Whova Inc. among others.

What will the Event Management Software Market Size be in 2021?

Event-Management-Software-Market-Market-Size-2020-2025

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Event Management Software Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The rising requirements for low TCO are notably driving the event management software market growth, although factors such as uncertainty regarding the return on investment may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the event management software industry get your FREE report sample now.

  • The rising requirements for low TCO are expected to propel the growth of the event management software market during the forecast period. 
  • For traditional event management software, the total cost of ownership comprises the upfront software implementation cost, the software license cost, and the maintenance cost.
  • In the case of traditional on-site software, a large amount of money is spent on the connections in the IT infrastructure of enterprises and partner systems to achieve an integrated flow of information.
  • Event management software eliminates the need to incur connection-related expenditures as it is offered with a broad range of connection options.
  • The resource requirement and risks related to continuous operation, backup, updates, and infrastructure maintenance are shifted to the vendors.
  • The rising adoption of real-time event management systems is expected to fuel the growth of the event management software market during the forecast period.
  • During the time of the event, there is a need for constant monitoring, data collection, and analyzing the entire activities.
  • The radio frequency identification (RFID) technology makes it easy for the event professionals to collect the data related to the attendees in real-time so that they can adjust to the traffic patterns and more.
  • A cloud-based and mobile-friendly event management software allows event planners to plan their events seamlessly.
  • With the use of such event management systems, the requirements for humans are reduced, and congestion can be avoided. Also, the valuable information of the attendees, including those who left midway, is useful for market research purposes.

This event management software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Event Management Software Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Arlo Software Ltd.
  • Aventri Inc.
  • Bizzabo Inc.
  • Eventbrite Inc.
  • Fortive Corp.
  • Glue Up
  • New Work SE
  • Ungerboeck
  • Vista Equity Partners Management LLC
  • Whova Inc.

 

The event management software market is fragmented and the vendors are deploying growth strategies such as expanding their customer base to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the event management software market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Event Management Software Market?

Event-Management-Software-Market-Market-Share-by-Region-2020-2025

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42% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for event management software in North America. However, the market growth rate in North America will be slower than the growth of the market in other regions.

The rise in the number of trade shows, global conferences and summits, and sports events will facilitate the event management software market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Deployment Segments in the Event Management Software Market?

Event-Management-Software-Market-Market-Share-by-Deployment-2020-2025

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The event management software market share growth by the cloud-based segment will be significant during the forecast period. The expansion into the cloud-based deployment model provides cost-effective event management software. This growing adoption of cloud-based solutions can be attributed to the extensive use of the Internet. Owing to all these factors, the cloud-based event management software market is expected to grow during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the event management software market size.

 

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What are the Key Factors Covered in this Event Management Software Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive event management software market growth during the next five years
  • Precise estimation of the event management software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the event management software industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details 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

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 2.34 billion

Market structure

Fragmented

YoY growth (%)

4.57

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 42%

Key consumer countries

US, China, UK, Germany, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Arlo Software Ltd., Aventri Inc., Bizzabo Inc., Eventbrite Inc., Fortive Corp., Glue Up, New Work SE, Ungerboeck, Vista Equity Partners Management LLC, and Whova Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact 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.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The event management software market growth will increase by $3281.89 million during 2019-2024.
The event management software market is expected to grow at a CAGR of 7.31% during 2019-2024.
Technavio has segmented the event management software market by deployment (Cloud-based and On-premise) and geographic (North America, Europe, APAC, MEA, and South America).
Arlo Software Ltd., Aventri Inc., Bizzabo Inc., Cvent Inc., EventBank Inc., Eventbrite Inc., Fortive Corp., New Work SE, Ungerboeck, Whova Inc. are a few of the key vendors in the event management software market.
North America will register the highest growth rate of 39.40% among the other regions. Therefore, the event management software market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the event management software market growth are:
  • Rising requirements for low TCO
The event management software market vendors should focus on grabbing business opportunities from the cloud-based segment as it accounted for the largest market share in the base year.
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