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

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging trends and provide actionable insights to help businesses identify opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable insights to identify opportunities in existing and potential markets and assess their competitive positions within changing scenarios.

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SOURCE Technavio