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.
|High Growth Market||Asia Pacific|
|Unit||Value (USD Million)|
|Key Companies Profiled||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)|
This growth is primarily driven by Increase Number of Globalization Boost the Event Management Services Market. and Rapid Demand of Digital Currencies and Online Payments Fuelled up the Event Management Service Market..
Globally, a noticeable market trend is evident Collaboration and Tie Up Of Leading Players
The Specialized Consumer Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as 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), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
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.
Collaboration and Tie Up Of Leading Players and Value Oriented Consumers
Market Growth Drivers:
Increase Number of Globalization Boost the Event Management Services Market. and Rapid Demand of Digital Currencies and Online Payments Fuelled up the Event Management Service Market.
Limitation due to Data Security Issues are Anticipated to Challenge the Market.
Lack of Awareness among the Customer Hampers the Event Management Services Market. and Expert and Experienced Personnel Required for Handling All Personal Gained Popularity.
Proliferation of Digitalization and Advent of DIY Apps Leads to Grow the Market. and Upsurge Demand of High Resolution Formats in Information Systems.
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Event Management Service Market
- Analysis about New Entrants in Event Management Service Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Event Management Service Study Sheds Light on
The Event Management Service Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Event Management Service industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Event Management Service industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.