Global event management software market is anticipated to grow at a CAGR of 14.1% during the forecast period (2024–2031). The industry growth is propelled by the increasing globalization that has increased the inclination toward virtual events. Rising demands for managing the large volume of data and automating event management tasks are also contributing to market growth. The major restraint is the high cost involved with the event management software. For many organizations, the upfront investment is required to purchase or customize this software. Additionally, the training cost adds up to the financial burden.
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Recent Developments
- In April 2023, Cvent, Inc. formed a strategic alliance with Jifflenow, a B2B meeting platform, to simplify the process of booking in-person meetings at corporate events and trade shows for their mutual customers.
- In April 2023, Eventbrite launched the RECONVENE Accelerator program, initially introduced in 2022. This mentorship and award initiative aims to support and inspire the next generation of event creators. As part of this effort, Eventbrite has introduced a panel of judges to select five winners, each of whom will receive $20,000 and personal mentorship from the company.
- In March 2023, Whova expanded the availability of its event registration system to 39 countries, adding 16 new countries to its service list. This expansion is intended to enhance Whova’s global reach and better serve its international customer base.
- In March 2022, Cvent, Inc. completed the acquisition of Blackstone for $4.6 billion, Cvent aims to grow its business and introduce innovative solutions to enhance the events and meetings ecosystem, leveraging Blackstone’s expertise in the hospitality and event industry.
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Market Coverage
- The market number available for 2023-2031
- Base year: 2023
- Forecast period: 2024-2031
- Segment Covered-
o By Software
o By Services
o By Deployment Mode
o By Organization Size
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape: Bizzabo, Cvent Inc., Eventbrite, Inc., Certain, Inc., and Tripleseat Software, LLC among others.
Key questions addressed by the report
- What is the market’s growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Event Management Software Market Report Segment
By Software
- Event Planning Software
- Venue Management Software
- Event Registration & Ticketing Software
- Event Marketing Software
- Analytics & Reporting Software
- Onsite Technology
- Content Management Software
- Visitor Management Software
- Other Software
By Services
- Managed Services
- Professional Services
By Deployment Mode
- Cloud
- On-Premises
By Organization Size
- Small & Medium-Sized Enterprises (SMEs)
- Large Enterprises
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