Driving The Future Of Experiential Marketing: An InDepth Analysis Of The Global Event Management Market

Driving The Future Of Experiential Marketing: An InDepth Analysis Of The Global Event Management Market

The SkyQuest Event Management market report provides up-to-date information for those interested in valuable data, trends, and opportunities in a rapidly evolving industry. Additionally, the report is compiled and published in a concise way to make it accessible to a diverse audience, from industry experts to market readers. Finally, one can gain a deep understanding of the primary and secondary market drivers and give them a comprehensive view of the current market situation and future prospects.

WESTFORD, USA, April 27, 2023 (GLOBE NEWSWIRE) -- SkyQuest expects the event management market to reach $1,848.8 million by 2030, representing a CAGR of 10.18% over the forecast period (2022-2030). Event management services are increasing due to increasing globalization, changing people's lifestyles and increasing the number of personal and professional events. Organizing events or parties for special occasions such as birthdays, weddings, housewarmings, and business conferences has become the norm in today's society, increasing the demand for event services as they allow companies to attract your audience and sell your products. Event management allows companies to interact with the public and customers while generating revenue from organizing promotional events.

According to SkyQuest, the company offers advanced analytics, a complete set of analytical methods and processes designed to help event management organizations identify trends and patterns, eliminate problems, and accurately predict the future and changes based on data and facts. . Information. With these affordable new solutions, mid-tier event companies can take advantage of rapidly growing data, advanced technology, and advanced analytics. Event management and technology integration will help expand the market in the future.

Explore detailed content on the event management market

  • Page - 233

  • Tables - 95

  • number 70

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Event Management is the project management application for designing and organizing intimate or luxury business and social events, such as exhibitions, weddings, formal parties, concerts and more. Before the actual launch of the event, it is important to research the brand, define the target group, create the event concept and organize the technical aspects. Events of all sizes, from the Olympic Games to business breakfasts, are part of today's events industry. Events are organized by various companies, charities and interest groups to market their brands, develop business relationships, raise funds or recognize achievements.

The major players in the event planning market

  • Bassett Events, Inc.

  • ICG

  • colin coy

  • David Tutera

  • the perfect event

  • ravanelli events

  • Oren Corporation

  • Wonderland

  • affair

  • Royal DSM

  • autodesk

  • lincoln financial group

  • Parkinson's Foundation

  • Visit Orlando

See the summary of the report and the full table of contents (ToC):

https://www.skyquestt.com/report/event-management-market

Growth is expected in the corporate events segment due to the increasing demand for IoT technologies

Event management is ideal in the corporate events sector due to its multiple benefits. It represents a large part of the global market and also provides incredibly transparent communications and efficient operation of the event unit. The development and integrity of event management across all types of applications is an ongoing priority for event management companies around the world. The global event management market is growing along with the demand for miniaturization and Internet of Things technologies.

The North America market is expected to create prospects for market expansion during the forecast period. In 2019, the North American market generated revenue of $508.2 billion and is expected to grow at a CAGR of 56.3% during the forecast period. The regional market is expected to be mainly driven by the presence of many companies in the region and companies that are investing heavily in event planning during the forecast period. Furthermore, the North American event industry is so large that it employs a large number of people. These variables should drive the market.

The MICE sector is expected to grow due to increased investment in event management technology.

The events market is of great importance for the sector of fairs and congresses. These events are intended to bring together business owners and managers to promote their products and services, share ideas, and network with potential customers. Trade shows and conferences are platforms for branding as they convert prospects into leads. It gives businesses the opportunity to introduce their products and services to a larger audience and generate better leads while increasing brand awareness. Trade shows and conferences provide a platform for organizations to network with other professionals in their field, build alliances, and explore new trends and developments in their industry.

The Asia Pacific region is expected to grow at a faster rate during the forecast period. Increased investment in event technology, particularly in China and Japan, is driving this trend in the Asia Pacific region. Mobile Internet penetration has increased in recent years, which has also contributed to the expansion of the market. In addition, event operators are making significant investments to provide consumers with high-speed services at competitive prices, which is expected to boost demand for events in the region.

A recent report has provided a comprehensive analysis of the major players in the Event Management market. The report covers various aspects including collaborations, mergers, innovative business policies and strategies, and provides valuable insights into key trends and developments in the market. Additionally, the report examines the market share of key segments and provides detailed geographical analysis. Finally, the report highlights the major players in the industry and their efforts to find innovative solutions to meet the growing demand.

Talk to an analyst about your unique needs:

https://www.skyquestt.com/speak-with-analyst/event-management-market

Main novelties in the event management market

  • HelpGetSponsors.com (HGS), a provider of simple and easy-to-use event planning and sponsorship management software, has been acquired by Events.com. Through this acquisition, Events.com is now able to provide existing and potential customers with the resources and expertise to supply, sell and monitor sponsors, supply partners and trade show sales.

  • Through a relationship between iWanamaker and the CHSAA Golf app in 2022, Wanamaker Corporation and the Colorado High School Activities Association (CHSAA) will provide official online event management, leaderboards, live scores, player rosters, and a Partnership Hub with CHSAA Golf.

  • In September 2022, the Cambodian government partnered with event management software provider Wonderpass to enhance tourism through digital ticketing and booking solutions.

Key questions answered by the Event Management market report

  • What are the specific growth factors expected to affect the market during the forecast period?

  • List the best companies in the market and explain how they achieved their position of influence.

  • How do regional trends and patterns differ in the global market, and how do these differences impact future market growth?

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