$10.5+ Billion Event Management Software Market by Component, Software, Service, Deployment Type, Organization Size, End-User, and Region - Global Forecast to 2023

Dublin, Dec. 05, 2018 (GLOBE NEWSWIRE) -- The "Event Management Software Market by Component, Software (Event Registration and Ticketing Software, Event Planning Software, Event Marketing Software), Service, Deployment Type, Organization Size, End-User, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The growing demand for event automation and increasing focus on gaining actionable business insights from events are driving the growth of the event management software market

The global event management software market size is expected to grow from USD 6.10 billion in 2018 to USD 10.57 billion by 2023, at an estimated Compound Annual Growth Rate (CAGR) of 11.6% during the forecast period.

This market is driven by the growing need for software to plan, manage, and automate event activities throughout their life cycle. However, integration issues of the event management software with the existing systems or software packages of an organization are one of the major restraints for the adoption of event management software and the associated services.

Event registration and ticketing software segment is expected to hold the major market size during the forecast period

The event registration and ticketing software helps make the registration process seamless and user-friendly. The software minimizes the workload by establishing automated refund structures and setting up secure, automated payments and refunds. It also customizes prices based on registrant types, coupons, registration dates, and bulk registrations.

The ticketing software offers organizers with maximum control and flexibility over an event's ticket pricing and selling management. This software helps organizers implement ticket pricing strategies, such as early bird offers and group discounts, set ticket capacity limits, collect donations for fundraising events, and frame the time to sell the tickets.

The on-premises deployment type is expected to hold the major market size during the forecast period

The on-premises deployment type refers to the installation of the event management software and services in the premises of an organization rather than at a remote facility. On-premises solutions are delivered with a one-time licensing fee and a service agreement. Furthermore, the deployment of on-premises-based solution requires a huge infrastructure and a personal data center, which is affordable only by large enterprises.

The Small and Medium-sized Enterprises (SMEs) often face the dilemma of choosing between hosted and on-premises solutions. In spite of advantages, such as control over the system and data, and dedicated staff for maintenance and support, the on-premises deployment type has various drawbacks, which include high deployment costs and good infrastructure requirements, which are not always possible for organizations. The growth of the on-premises deployment type is expected to be affected by the rapid development of cloud computing solutions.

North America is expected to hold the major market size during the forecast period

The North American region consists of developed countries, such as the US and Canada. This region is open to the adoption of new and emerging technologies. Moreover, its strong financial position enables it to invest in the adoption of the latest and leading tools and technologies for ensuring effective business operations. Such advantages help organizations in this region gain a competitive edge. North America has the first-mover advantage in the adoption of new technologies, such as smartphones and cloud platforms. The stable economy, technological enhancements, and advanced infrastructure costs are expected to boost the growth of the event management software market in North America.

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Regional Scope
1.5 Years Considered for the Study
1.6 Currency
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Event Management Software Market
4.2 Market By Component
4.3 Market By Deployment Type
4.4 Market Top 3 End-Users and Regions

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand Among Marketers for Event Automation
5.2.1.2 Increased Demand to Capture Actionable Business Insights From Events
5.2.1.3 Rapid Adoption of Social Media for Event Marketing
5.2.2 Restraints
5.2.2.1 Integration Issues
5.2.3 Opportunities
5.2.3.1 Gamification of Events
5.2.3.2 Advancement in AR and VR
5.2.3.3 AI and Machine Learning in Event Management
5.2.3.4 IoT as A Facilitator in Event Management
5.2.4 Challenges
5.2.4.1 Large Gap Between the Offerings of Organizers and the Needs of Attendees
5.2.4.2 Lack of Awareness About the Event Management Software
5.3 Event Management Software: Use Cases
5.4 Innovation Spotlight
5.4.1 Augmented Reality and Virtual Reality
5.4.2 Artificial Intelligence
5.4.3 Smart Displays
5.4.4 Wearable Technology
5.4.5 Internet of Things
5.4.6 Radio Frequency Identification

6 Event Management Software Market, By Component
6.1 Introduction
6.2 Software
6.2.1 Event Planning Software
6.2.2 Venue Management Software
6.2.3 Event Registration and Ticketing Software
6.2.4 Event Marketing Software
6.2.5 Analytics and Reporting Software
6.2.6 Others
6.3 Services
6.3.1 Professional Services
6.3.1.1 Deployment and Integration
6.3.1.2 Consulting
6.3.1.3 Support and Maintenance
6.3.2 Managed Services

7 Market By Deployment Type
7.1 Introduction
7.2 Cloud
7.3 On-Premises

8 Event Management Software Market, By Organization Size
8.1 Introduction
8.2 Small and Medium-Sized Enterprises
8.3 Large Enterprises

9 Market By End-User
9.1 Introduction
9.2 Corporate
9.3 Government
9.4 Third-Party Planners
9.5 Education
9.6 Others

10 Event Management Software Market, By Region
10.1 Introduction
10.2 North America
10.2.1 United States
10.2.2 Canada
10.3 Europe
10.3.1 United Kingdom
10.3.2 Germany
10.3.3 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 Australia and New Zealand
10.4.4 Rest of Asia Pacific
10.5 Middle East and Africa
10.5.1 Kingdom of Saudi Arabia
10.5.2 United Arab Emirates
10.5.3 South Africa
10.5.4 Rest of Middle East and Africa
10.6 Latin America
10.6.1 Brazil
10.6.2 Mexico
10.6.3 Rest of Latin America

11 Competitive Landscape
11.1 Overview
11.2 Competitive Scenario
11.2.1 New Product Launches
11.2.2 Acquisitions
11.2.3 Partnerships
11.2.4 Business Expansions

12 Company Profiles
12.1 Active Network
12.2 Aventri
12.3 Cvent
12.4 Eventbrite
12.5 Xing Events
12.6 Arlo
12.7 Attendify
12.8 Bizzabo
12.9 Certain
12.10 Eventbank
12.11 Eventbooking
12.12 Eventgeek
12.13 Eventmobi
12.14 Eventpro
12.15 Eventuosity
12.16 Eventzilla
12.17 Gather Technologies
12.18 Hubb
12.19 Meeting Evolution
12.20 Regpack
12.21 Signupgenius
12.22 Social Tables
12.23 Ungerboeck Software
12.24 Whova
12.25 Key Innovators
12.25.1 Hubilo

For more information about this report visit https://www.researchandmarkets.com/research/w69k3l/10_5_billion?w=12

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