The report presents an in-depth assessment of the Global Event Management Software including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Event Management Software investments from 2019 till 2024.
The event management software market is expected to register a CAGR of over 10.65% during the forecast period 2019 – 2024.
The Global Event Management Software market is highly competitive and consists of a number of major players. Companies like Etouches Inc., Active Network LLC, XING SE, Cvent Inc., Eventbrite Inc., RunSignUp Inc., Event Espresso, TryBooking Pty Ltd, EMS Software LLC, SignUpGenius Inc., Certain Inc., Ungerboeck Software International Inc. Amongst Others.
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Scope of the Report:
The event management software is a platform that coordinates all tasks and activities, for events as small as a marathon to as large as the Olympics. These tasks include, sales and marketing, logistics, accounting, and travel management.
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Key Market Trends:
Media and Entertainment Segment Expected to Register a Significant Growth
Event management software proves to be highly beneficial for third-party planners when compared to in-house planners, as the third-party planners plan more than a single concert or show that occur at any time of the year. It is estimated that some of the most popular festivals and events, such as Classic East, Sao Paulo Trip, and Outside Land Music and Art Festival, gross more than USD 16 million per event.
Such colossal involvement of revenue makes media and entertainment events one of the most complicated events to plan, compared to events hosted by several other sectors, such as the educational and industrial. Furthermore, downtime in any event organizing process has a terrible effect on the reputation of the events. In many cases, many media and entertainment events are hosted for charity purposes, and hence, any deviations in the planning process or the software may put a dent in the reputation of the organizers.
The very facts that the average ticket price for a music tour concert was around USD 85 million as of 2017 and that more than 20 million people attend such concerts indicate the complexity of these events. Hence, most of the planners in the sector prefer to be accurate by using some event management software, giving a vast scope for increased adoption of this software over the forecast period.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Global Event Management Software Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
Finally, Global Event Management Software Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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– The market estimate (ME) sheet in Excel format
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– 3 months of analyst support
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