Event Management Software Market to grow by USD 2.42 billion growth between 2022-2027, Growth Driven by the increasing adoption of cashless payment methods – Technavio
NEW YORK, Feb. 6, 2024 /PRNewswire/ — The Event Management Software Market report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the event management software market between 2022 and 2027 is USD 2.42 billion.
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The rising adoption of cashless payment methods is a significant driver of growth in the event management software market. Utilizing wearables with RFID chips, attendees can easily complete transactions and manage their spending without the need for physical wallets. This seamless payment process enhances the overall event experience, driving market demand for efficient cashless payment solutions.
Data security-related issues may hamper the growth of the market during the forecast period. Learn about additional key drivers, trends, and challenges available with Technavio. Read a Sample PDF Report Now
The event management software market is segmented by Deployment (Cloud-based and On-premise), Component (Software and Services), and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
During the forecast period, significant market share growth is anticipated in the cloud-based segment. Cloud-based solutions offer infinite data storage and a software-as-a-service (SaaS) pricing model, reducing operational and investment risks. The affordability and accessibility of cloud-based deployment, coupled with widespread internet usage, drive adoption, fostering the growth of this segment.North America will contribute 45% to the growth of the global market during the forecast period. View a Sample Report for insights into the contribution of all the segments and regional opportunities in the report.
Key Companies in the Event Management Software Market:
5Touch Solution Inc., Arlo Software Ltd., Aventri Inc., Bizzabo, CadmiumCD LLC, Certain Inc., Cvent Inc., Eventbrite Inc., EventGeek Inc., Eventzilla Corp., Fortive Corp., Global Payments Inc., Glue Up, Hubb, MIE Software Pty Ltd., New Work SE, RainFocus LLC, Ungerboeck, Whova Inc., Zoho Corp. Pvt. Ltd.
Applications
The event management software market offers a range of tools and platforms for event planning, registration, marketing, ticketing, engagement, and analytics. With solutions for both physical and virtual events, including hybrid options, the industry caters to diverse needs in event coordination, logistics, and management. From conference and exhibition management to corporate events and trade shows, event technology plays a vital role in streamlining event processes and enhancing attendee experiences.
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ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Deployment
Market Segmentation by Component
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
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SOURCE Technavio