Global Event Management As A Service Industry Market - Forecast(2024 - 2030)

The events industry is booming, and it's not just about conferences and seminars anymore. With a projected market size of US$2.1 trillion by 2032, the events industry is transforming the way we connect, communicate, and do business.

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Event management is the application of project management to the creation and development of small and/or large-scale personal or corporate events such as festivals, conferences, ceremonies, weddings, formal parties, concerts, or conventions. It involves studying the brand, identifying its target audience, devising the event concept,

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An event venue may be an onsite or offsite location. The event manager is responsible for operations at a rented event or entertainment venue as they are coordinating directly with the property owner. An event manager will monitor all aspects of the event on-site. Some of the tasks listed in the introduction may pass to the venue, but usually at a cost.

Events present substantial liability risk to organizers and venues. Consequently, most venues require the organizers to obtain blanket or event-specific general liability insurance of an amount not less than $1,000,000 per occurrence and $2,000,000 aggregate, which is the industry standard.

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1. #DigitalTransformation: #Virtual and #hybrid events are revolutionizing the way we attend and engage with events. With the rise of virtual reality and augmented reality, the possibilities are endless!

2. #Globalization: As the world becomes more interconnected, the demand for international events is skyrocketing. From trade shows to music festivals, the events industry is a global phenomenon!

3. Corporate Spending: Companies are recognizing the value of experiential #marketing and investing heavily in events. From product launches to team-building retreats, the corporate sector is driving growth in the events industry!

4. Growing Expectations from Customers: Attendees are demanding more unique and immersive experiences. Event planners are rising to the challenge, incorporating cutting-edge technologies and creative concepts to deliver unforgettable events!

5. Sustainable Activities: The events industry is embracing #sustainability, with #ecofriendly practices and initiatives becoming the norm. It's not just about reducing waste; it's about creating a positive impact on the environment!

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? Music Concert

? Festivals

? Sports

? Exhibitions and Conferences

? Corporate Events and Seminars

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In the Global Event Management as a Service (EMaaS) industry, several key players stand out due to their innovative solutions, market presence, and comprehensive service offerings. Here are the top 20 key players in the industry:

• Cvent - Known for its event management software and solutions for planning, organizing, and managing events.
• Eventbrite - Offers a platform for event registration, ticketing, and management.
• Bizzabo - Provides an event success platform with tools for event planning, management, and marketing.
• Social Tables - Specializes in event diagramming, seating arrangements, and collaboration tools.
• Hopin - An online event platform for virtual and hybrid events, offering a wide range of features for engagement and interaction.
• Whova - Offers event management solutions including attendee engagement, networking, and event analytics.
• EventMobi - Provides a platform for managing and enhancing virtual, in-person, and hybrid events.
• Freeman - A global leader in integrated event marketing and management services.
• InXpo (now part of Intrado) - Focuses on virtual event solutions and online engagement platforms.
• Maritz Global Events - Offers comprehensive event planning and management services globally.
• GEP Worldwide - Known for its sourcing and procurement services, including event management.
• GL events - Provides a wide range of event services from logistics to on-site management.
• Lanyon (now part of Cvent) - Specializes in corporate meetings and event management solutions.
• Pax Technology - Offers event management and payment solutions for a seamless event experience.
• On24 - A platform specializing in virtual events and webinars with advanced engagement features.
• Events Case - Provides end-to-end event management software with tools for registration, marketing, and analytics.
• Certain - Known for its event management software tailored to enterprise needs.
• Aventri - Offers a comprehensive suite of event management tools for planning and execution.
• Zkipster - Provides guest list management, check-in, and event registration solutions.
• Attendify - Specializes in mobile event apps and digital engagement solutions.

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