About Event Booking Software
Event Booking Software is used to provide a solution for events of all sizes for managing and booking. This platform envelops all parts of the booking life cycle which includes making offers, managing contracts, tracking deposits, and business reports such as the traditional routing sheet, an artist itinerary, and more. Through this software, the user can know the status of any booking offer or agreement from accommodation to execution. The user can also choose a calendar view of specific events for upcoming time and slot availability to send offers. The event booking software also allows tracking and reporting to view all Pending, Accepted, Rejected, and Cancelled shows on a particular date.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 15.1% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Event Booking Software market throughout the forecasted period. 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.
EventBank (United States), Aventri (United States), Bizzabo (United States), XING Events (Germany), Gather Technologies (United States), ACTIVE Network (United States), Arlo (New Zealand), Attendify (United States), Eventbrite (United States) and EventGeek (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are EventMobi (Canada), and EventPro (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Event Booking Software market by Type (Event Registration and Event Ticketing), Application (Large Enterprises and Small and Medium-sized Enterprises (SMEs)) and Region.
On the basis of geography, the market of Event Booking 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 Deployment Mode, the sub-segment i.e. Cloud-based will boost the Event Booking 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. Submit Offers & Contracts will boost the Event Booking Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of New Technologies for Event Booking Software
Market Growth Drivers:
Features Such as Reporting, Tracking, and CRM and Increasing Need for Customer Relationship Management
Challenges:
Lack of Awareness among the Users
Restraints:
High Costs Associated with the Installation and Development
Opportunities:
Increasing Demand for Event Booking Software Across the Globe
Market Leaders and their expansionary development strategies
In October 2023, Cvent partnered with Salesforce, integrating Cvent's event management software with Salesforce's CRM platform. This will allow users to manage events directly within Salesforce and streamline their event workflows.
In December 2023, Eventbrite announced a partnership with Hopin, a virtual events platform, to offer a combined solution for hybrid and virtual events. This partnership will allow Eventbrite users to leverage Hopin's features for virtual and hybrid event streaming, engagement, and networking.
Key Target Audience
Event Booking Software developers, Booking agencies, Government associations, Research organizations, software vendors 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 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.