About Expo Services -
Expo services are arrangement of the small or large scale events for companies or businesses in a specific niche come together to showcase their services and products or promote new business developments. Expo services provides services to the clients encompass designing, set up and breakdown, entertainment, printing, on-site event management, production of delegate packs, staffing translators and security of various exhibition events. Expo services main role is sharing innovation, educating the people promoting progress, and fostering cooperation
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Expo Services market is expected to grow steadily in the coming years, driven by factors like rising disposable incomes, increasing global trade, and the growing importance of B2B networking. As the competition intensifies, players must adapt and innovate to cater to the evolving needs of exhibitors, attendees, and the industry as a whole. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Expo Services - market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Koelnmesse GmbH (Europe), Messe Frankfurt GmbH (Europe), Comexposium Group (Europe), Informa Plc (United Kingdom), Reed Exhibitions (United Kingdom), Messe München (Europe), Clarion Events Ltd (United Kingdom) and Hyve Group plc. (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are AsiaWorld-Expo Management Limited. (China), AGS Exposition Services (United States), National Expo, Inc. (United States), Emerald Expositions Events (United States) and Tarsus Group (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Expo Services - market by and Region.
On the basis of geography, the market of Expo Services - 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 Services, the sub-segment i.e. Marketing will boost the Expo Services - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Channel, the sub-segment i.e. Online will boost the Expo Services - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform type, the sub-segment i.e. Business to business will boost the Expo Services - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing trend of virtual and hybrid trade show.
Market Growth Drivers:
The adoption of geo cloning for exhibition organizers., More creative marketing in exhibitions. and Rising growth of consumer products increases the business to consumer exhibition rate.
Challenges:
Giving the guaranteed results to clients
Restraints:
Rules and regulation after COVID-19 outbreak hampering the market. and Ever-evolving security situation in terms of international terrorism.
Opportunities:
Adopting of virtual events and digitally focused lead generation.
Market Leaders and their expansionary development strategies
In September 2023, ExpoPlatform started partnership with Swapcard, a provider of event networking and engagement tools. This partnership aimed to provide event organizers with a comprehensive platform for managing all aspects of their event, from registration and ticketing to networking and lead generation.
In July 2021- AsiaWorld-Expo (AWE) has started a new project that enhance the best facilities at AWE to offer business partners and visitors a thoroughly renewed experience. In response to the challenges created by the global pandemic, AWE is embracing a new era with the anniversary theme of “Change Possibilities” spanning more than 70,000 sqm area.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors and Analysts and Strategic Business Planners
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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.