United States/WA: Global Event Management Software Market Will Boom In Near Future
Report Pages:[130 Pages]
Market Competitive Landscape:-
Major layers operating in the Global Event Management Software Market are: SocialTables, EventZilla, Gather Technologies Inc., Certain, Inc., Zerista, Inc., Ungerboeck Software International, Bizzabo Inc., EventBrite Inc., etouches Inc., Zoho Corporation, Cvent, Inc., and Xing Events
Overview
Event management software is the general term for a whole array of software products which are utilized in the administration of both professional and private conferences, seminars, trade shows, and other smaller events like continuing professional development conferences. Such software products have been developed to help organizers organize conferences and events on a large scale, by taking care of all the technical details involved. The event organizer no longer needs to worry about things like paper and ink, seating arrangements and the like. All these tasks are easily dealt with by the software, leaving the event organizer free to focus on the important stuff.
Drivers
Surplus shift of IT infrastructure towards cloud platforms among SMEs (small and medium enterprises) to continue the workflow and business operations amidst the ongoing COVID-19 pandemic is expected to propel growth of the event management software market during the forecast period.
Moreover, proliferation of smartphones, increasing IoT (Internet of Things)-based device-integrations, and growing number of mobile applications is expected to boost growth of the event management software market over the forecast period.
The Epitome of the COVID-19 Debacle
The emergence of the COVID-19 crisis has instigated event organizers to shift their current business model to digital platforms, which, in turn, has significantly augmented the global event management software market. Over the lockdown period, a vast number of organizations have adopted virtual solutions to continue their business operations from remote locations.
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Key Takeaways
- The event management software market is anticipated to grow at a CAGR of XX % during the forecast period owing to the wider adoption of cloud platforms across several sectors. For instance, a major management software provider for sporting events, EventConnect, partnered with the U.S. ASEC (Arizona Sports and Entertainment Commission) to enable the hotel bookings for the sporting events of the latter.
- Across the geographical horizons, the event management software market in the North American region is projected to sustain at a substantial rate on the heels of accelerated adoption of event management solutions for sporting, educational, and corporate applications.
- Likewise, Asia Pacific is another region of interest in the event management software market on account of growing number of new entrants in business combined with the huge consumer base.
Global Event Management Software Market, By Deployment Type (On-premise and Cloud-based), By Organization Size (Large Enterprises and SMEs (Small and Medium Sized Enterprises)), By End Users (Corporate, Education, and Government), and By Geography (North America, Asia Pacific, Latin America, Europe, Middle East, and Africa), is projected to attain a market valuation of US$ XX million in 2023 and is anticipated to grow at a CAGR of XX% over the forecast period (2021-2028), as mentioned in a new report published by Coherent Market Insights.
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