Market Highlights: Event Management offers full service and strategic vision towards destination management knowledge and satisfy superior customer service. Event Management Service market is expected to mark significant growth over forecasted period owing to increasing consumers spending on such festivals so as to gain maximum benefit, providing coupling concierge services into their domain are expanding their presence and technological advancement. Event Management Service allows users to generates a wider range of services such as planning, budgeting, scheduling, acquiring and weeding.There has been significant rise in number of business-to-business (B2B) events with figure stood up to 35.6% in North America alone in 2018, the future for Event Management Service looks promising. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the Conference, Festivals and Others. The market study is being classified by Type (Corporate Events Management Service, Association Events Management Service and Not-for-profit Events Management Service), by Application (Corporate Organizations, Individual Users, Public Organizations and NGOs and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Event Management Service are Lanyon (United States), Cvent (United States), Eventzilla (United States), Regpack (United States), Etouches (India), Eventbrite (United States), CadmiumCD (United States), Bizzabo (United States) and Certain (United States).
The Software, such as Analytics Software, is boosting the Event Management Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Deployment , such as On-Premise, is boosting the Event Management Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights In January 2019, Travel Leaders Group acquired Your Event Solutions (YES). This acquisition is beneficial in providing management agencies offices in Europe, United States and United Arab Emirates.
Key Questions Answered in the Report What will the Event Management Service Market size and the growth rate be in Future? What are the key factors driving the Event Management Service Market? What are the key market trends and macro-economic impacting the growth of the Event Management Service Market? What are the challenges to market growth? Who are the key vendors in the Event Management Service Market? What are the market opportunities and threats faced by the vendors in the Event Management Service Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Event Management Service Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Event Management Service market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Event Management Service market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Event Management Service Manufacturers, Event Management Service Traders, End-Use Market Participants of Different Segments of Event Management Service, Government and Research Organizations, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.