“The coronavirus (COVID-19) pandemic is impacting production, supply chains, and demand of Event Management Software Market. In this report, we have revised our market data to indicate our best understanding of what is happening in Event Management Software Market. Get this report for in-depth understanding of the latest trends, market drivers, opportunities, and challenges.”
A fresh report titled “Event Management Software Market – By Type (All-in-One Event Management Software, One-solution Platforms (Event Registration & Ticketing, Website Development, Surveys & Polls, Others)), By Deployment (Cloud-based, On-premise), By Organization Size (Small and Medium-Sized Enterprises, Large Enterprises) & Global Region – Market Size, Trends, Opportunity, Forecast 2019-2025” has been published by Fast.MR. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Event Management Software Market. The competition analysis is also a major part of the report.
Market Insights
Growth Drivers – Event Management Software Market
Growing Demand for Event Planning Services
There is an increasing demand for innovative, well-organized event management services. Events such as conferences, sport & fitness events, college festivals, entertainment events and more are taking places at resilient rate, thus creating a great demand for event management services. There is also an unmatched growth in number of event management service providers offering management services for various types of events. Also, event management planners are actively using numerous advance tools to ensure highest possible results. The competition among event management companies is also growing at strong pace, and in order to tackle the market competition effectively, event organizers are adopting innovative solutions such as event management software and others, which in turn is likely to encourage the growth of global event management software market.
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Growing Demand for Business Related Data through Events
Data collection through business events is another major trend active in the market. Personal data of invitees, their activities during the event and other possible data are widely being used in market research, strategy making and for other purposes. Event management software is a proved and effective method of data collection as it can helps user to collect data at various level of their invitees. Apart from this, additional benefits of using event management software such as it improves visitor’s experience, maximizes attendee convenience, ease in terms of planning & execution of event strategies
Other Growth Drivers of the Market
The event management software has also gone through great transformation, today, EMSs (event management software) are equipped with wide range of features, offering great convenience, cost benefits and are also obviating various unnecessary requirements. These capabilities of EMS are amusing almost every event planner in the world. Increasing number of companies, who are offering event management software and continuous upgradation in event management software is projected to thrive the market of event management software at notable rate in upcoming years.
Impact Analysis on COVID-19:
The coronavirus or COVID-19 (formerly 2019-nCoV) broke out in December 2019, which has been imposed as a medical emergency worldwide. More than 183 countries and territories have reported cases of coronavirus to date. On 11th March 2024, the World Health Organization (WHO) declared the COVID-19 a pandemic officially. Due to which many countries such as China, India, Italy, Germany, Spain, France, and such other countries having a large number of COVID-19 patients went under lockdown conditions. With the ongoing situation of lockdown, many industries have been adversely impacted, and it is expected that the economy of the developing & developed nations are going to suffer a massive loss in the coming years, and also the global economy may slip into a recession. Along with this, in the United Nations Conference on Trade & Development, it was said that the impact of COVID-19 would hamper the global economy up to USD 2 Trillion in 2024. The report also considers the impact the impact of COVID-19 on global Event Management Software Market in the upcoming years.
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Market Segmentation
By Type
– All-in-One Event Management Software
– One-solution Platforms
– Event Registration & Ticketing
– Website Development
– Surveys & Polls
– Others
By Deployment
– Cloud-based
– On-premise
By Organization Size
– Small and Medium-Sized Enterprises
– Large Enterprises
By Geography
-North America (U.S. & Canada)
-Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
-Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, New Zealand and Rest of Asia Pacific)
-Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
-Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as:
-Aventri, Inc.
-Eventtia
-Planning Pod
-Cvent Inc.
– ClearEvent, Inc.
-Hubilo Softech Private Limited
-Big Tree Entertainment Private. Limited
-Profit Systems Inc.
-Eventbrite
-Whova
-Other Major & Niche Players
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