March 29, 2020

Event Management Software Market will be growing at a CAGR of 11.2% during the forecast period from 2018 to 2026

According to a new market research report published by Credence Research, “Event Management Software Market – Growth, Future Prospects, and Competitive Landscape, 2018 -2026”, the global event management software market was valued at US$ 6.43 billion in 2017 and is expected to expand to CAGR by 11.2 percent over the forecast period from 2018 to 2026.

Product & Market Insights

Event management software helps event planners plan and manage the entire event efficiently using a single platform. Event management software automates the majority of repetitive tasks, streamlining the entire event life cycle and lowering overheads by using features such as location search and expense management. Event registration is a key aspect of event management and any error has serious implications for business profits. Event managers around the globe are turning to automated solutions that enable not only registration but also ticketing, thereby ensuring direct control of both the distribution of invitations and sales. As a result, the gradual shift of registration entry from organizers to participants was a major evolution in event management software products. With self-registration, organizers have become free to focus on other key facets of the event, thus benefiting their guests and ensuring success as planners.

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Liberalization and globalization have helped business organizations around the globe to expand their footprint internationally, increasing the hosting of trade fairs, corporate annual meetings and summits. The continuous increase in the number of such events has led to an increase in the event management sector. This, coupled with the evolving digital habits of consumers, has increased the adoption of event management software solutions among business and event planners.

In view of the growing event management industry and the increasing integration of event planning and event management IT technologies, the demand for event management software solutions will rise, offering enormous growth potential for both business and event planners. With businesses spending a large amount on organizing events (~2 per cent-4 per cent of annual revenue) each year, vendors predict a growing opportunity to develop solutions tailored to the needs of organizations.

Key companies profiled in the research study include EventBrite Inc., Xing Events Cvent, Inc., SocialTables, EventZilla, Bizzabo Inc., Certain, Inc., Zerista, Gather Technologies Inc., Ungerboeck Software International, etouches Inc., Zoho Corporation, and among others.

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[Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]

Report Scope by Segments

By Software Type Segment

  • Event Planning Software
  • Event Registration & Ticketing Software
  • Event Marketing Software
  • Analytics & Reporting Software
  • Others (Venue Management, etc.)

By Deployment Segment

  • On-premise
  • Cloud-based/On-demand

By Geography Segment

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

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