What is Conference Management Software?
The conference management software is designed specifically for medical, technical, scientific, and academic conferences. It offers the audio and video conference, convention or trade show, it manages all the complexities about managing the large number of presenters who have registered. The software also offers the audio, video, and screen sharing options that help in arranging the web conference without any professional help.
The market study is broken down, by Application (Small-medium Size Enterprises and Large Size Enterprises) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Eventbrite (United States), Ex Ordo (United States), COMS (United States), OpenConf (United States), Cvent Inc. (United States), EventPro (Canada), Quintagroup (Ukraine), ConfTool (Germany), doo GmbH (Germany), BusyConf, LLC (United States) and Converia (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Conference Management Software market by Type, Application and Region.
On the basis of geography, the market of Conference Management Software has been segmented into 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). If we see Market by Pricing Option, the sub-segment i.e. Annual Subscription will boost the Conference Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-based will boost the Conference Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Multi-user Functionality will boost the Conference Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 1st June 2020, Conference management services and software provider eventPower has launched a new Virtual Event Platform that automatically integrates with video conferencing platforms such as Zoom and Vimeo. With this all-in-one software platform, each component of an event — including registration, website, online agenda, attendee portals, speaker portals, sponsor portals, exhibitors, and the virtual platform — are able to speak to one another.
Market Trend
- Introduction of Various Features in Conference Management Software
- Adoption of App-Based Conference Management Software
Market Drivers
- Demand for Video Communication in Enterprise and Organisation
- Need for Engagement Between the Customers and Brands Easily
Opportunities
- Technological Advancement in Conference Management Software
Restraints
- Regulatory Compliances with Conference Management Software
Challenges
- Technical and Connectivity Errors Associated with Conference Management Software
Key Target Audience
Conference Management Software Developers, Industry Associations, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.