Event Management Software Market Growth Potential & Forecast, 2032
Event Management Software Market size is poised to expand at over 12.5% CAGR from 2023-2032, propelled by the rising integration of mobile apps worldwide. With several organizers focusing on enhancing attendee experiences and engagement, mobile app integration within event management software (EMS) is surging for offering seamless communication, personalized schedules, and interactive features for fostering participant interaction and satisfaction.
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The shift towards mobile-centric solutions to
cater to the increasing demand for convenience and accessibility is also
providing potential growth opportunities to the market players. For instance,
in November 2023, Eventsforce, powered by Simpleview, launched Eventsforce, a
scalable event mobile app solution leveraging improved technology stack to help
promote, interact, and engage event attendees for driving the event planning
success.
The event management software industry is
segmented into component, deployment mode, enterprise size, application, and
region.
In terms of component, the market size from
the services segment is anticipated to gain significant prominence between 2023
and 2032 driven by the rising prioritization of efficient event planning,
including implementation, training, and support by organizations. Service
providers offer customized solutions to meet the diverse organizational needs
for ensuring seamless software integration and maximizing user proficiency. The
strong emphasis on exceptional service delivery for enhancing the overall value
proposition of event management software for customer satisfaction and loyalty
will push the segment growth.
EPS industry size is poised to witness high
demand from the corporate application segment between 2023 and 2032.
Corporations increasingly rely on event management software to streamline and
enhance their event planning processes, ranging from conferences to employee
training sessions. Furthermore, the efficiency gains in corporate event
management along with the need for data-driven insights is contributing
significantly to the adoption of EMS in the corporate sector. The burgeoning
demand for centralized tools to manage registrations, logistics, and
participant engagement will also contribute to the market expansion.
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Based on regional
landscape, the Asia Pacific event management software industry is set to
exhibit a robust growth rate from 2023-2032 attributed to the dynamic economies
of countries, such as China, India, and Japan. The presence of flourishing MICE
(Meetings, Incentives, Conferences, Exhibitions) sector coupled with the rise
of digital events is accelerating the uptake of EMS across the region. For
instance, in May 2023, meetings, events, and hospitality technology firm Cvent
launched AI Writing Assistant, its innovative tool deployed with generative AI
to streamline the content creation process.
Partial chapters of report table of contents
(TOC):
Chapter
2 Executive Summary
2.1 Event
Management Software market 3600 synopsis,
2018 - 2032
2.2 Business
trends
2.2.1 Total
Addressable Market (TAM), 2024-2032
2.3 Regional
trends
2.4 Component
trends
2.5 Enterprise
size trends
2.6 Deployment
mode trends
2.7 Application
trends
Chapter 3 Event Management Software Industry
Insights
3.1 Industry
ecosystem analysis
3.2 Supplier
Landscape
3.3 Vendor
matrix
3.4 Profit
margin analysis
3.5 Technology
innovation landscape
3.6 Patent
analysis
3.7 Key news and
initiatives
3.8 Regulatory
landscape
3.9 Impact
forces
3.9.1 Growth
drivers
3.9.1.1 Growing
adoption of advanced technologies
3.9.1.2 Integrating
with CRM systems
3.9.1.3 Rise in
remote and hybrid events
3.9.1.4 Increasing
demand for digitization in event planning and management processes
3.9.2 Industry
pitfalls & challenges
3.9.2.1 High
initial cost
3.10 Growth
potential analysis
3.11 Porter’s
analysis
3.12 PESTEL
analysis
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