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CHICAGO, April 25, 2024 /PRNewswire/ -- More automation and artificial intelligence integration, improved capabilities for virtual and hybrid events, and an emphasis on data-driven insights and personalisation are what the Event Management Software Market will see in the future. Furthermore, the future of event management software will be shaped by sustainability features, integration with emerging technology, and increased security and compliance.
The global Event Management Software Market will grow from USD 15.5 billion in 2024 to USD 34.7 billion by 2029 at a compounded annual growth rate (CAGR) of 17.4% during the forecast period, according to a new report by MarketsandMarkets™. The Event Management Software Market increasingly emphasizes data analytics and insights-driven event management. Modern event management solutions leverage data analytics to track attendee behavior, measure event performance, and gather feedback for continuous improvement. By analyzing metrics such as attendance rates, session popularity, and attendee satisfaction scores, organizers can gain valuable insights to refine marketing strategies, personalize the event experience, and maximize event success.
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Scope of the Report
Report Metrics | Details |
Market size available for years | 2019–2029 |
Base year considered | 2023 |
Forecast period | 2024–2029 |
Forecast units | Value (USD Million/Billion) |
Segments Covered | Offering, Organization Size, Event Type, Deployment Mode, and End User |
Geographies Covered | North America, Europe, Asia Pacific, Middle East Africa, and Latin America |
Companies Covered | Some of the significant Event Management Software Market vendors are Cvent (US), Stova (US), Eventbrite (US), Zoom (US), RingCentral (US), Zoho Corporation (India), Momentus Technologies (US), Active Network (US), RainFocus (US), 6Connex (US), Hubilo (US), Circa (US), Whova (US), loom (Belgium), Hubb (US), Grenadine Technologies (Canada), EVENTBOOST (Switzerland), Airmeet (US), Notified (Sweden), and Kaltura (US). |
The rise of virtual and hybrid events in response to the COVID-19 pandemic has further accelerated the adoption of event management software. Virtual event platforms offer various features, including live streaming, virtual networking, and interactive sessions, enabling organizers to host engaging and immersive virtual experiences. As organizations continue to embrace virtual and hybrid event formats, the demand for event management software that supports these formats is expected to grow, driving further innovation in the market. Major players such as Cvent, Eventbrite, Bizzabo,...