North America Event Management Market to Reach US$ 5.12 Bn at a CAGR of 12.6% in 2027 | The Insight Partners

North America Event Management Market to 2027 - Regional Analysis and Forecasts by Solution Type (Software, Service); Application (Event Planning, Event Marketing, Venue and Ticket Management, Analytics and Reporting, Others); End User (Corporate, Government, Education, Media and Entertainment, Others)

Publication Month: Oct 2019 | Report Code: TIPRE00007115 | No. of Pages: 179 | Category: Technology, Media and Telecommunications | Status: Published

The North America event management market is accounted to US$ 1.82 Bn in 2018 and is expected to grow at a CAGR of 12.6% during the forecast period 2019 – 2027, to account to US$ 5.12 Bn by 2027.

 

The government has increased their budgets, and, alongside, their demands have raised, these factors have facilitated the growth of a professional industry for event management. Currently, events have been used as a new form of tourism; it helps to gather visitors to an area and bring economic benefits. Due to the growing events industry in the region, marketers are looking for appropriate tools to track their event programs from end to end. Nowadays, with the rising investment in events, and the development of technology and data, businesses are highly focused on adopting event management software to plan and manage their business events. This has led to increase in the growth of North America event management market. As a result of this, the number of event management companies in these countries are expected to increase significantly. These factors are positively impacting on the growth of North America event management market.

 

Exhibit: Lucrative Country Markets


 

Market Insights

Integrating Artificial Intelligence with Event Management Software are having a Significant Impact on the North America Event Management Market Growth

All the key industries across are a globe, including media & entertainment, government, educational institutes, and others, are embracing and investing in disruptive technologies such as artificial intelligence, IoT, big data, and predictive analytics, among others. This adoption is driven by the successful uses cases of AI, which resulted in increased operational efficiency, better sales revenue, and improved customer experiences. Vendors are upgrading their solution by integrating AI technology for better understandings of customers and to increase its sales by AI capabilities, which is influencing the North America Event Management market to prosper during the forecast period.

 

Adoption by Small and Medium-sized Enterprises (SMEs) will offer future growth opportunity for the North America Event Management market

Presently, most of the customers of event management software belongs to large enterprises, mainly due to complex large scale operations and fast adoption of advanced solutions by large enterprises. Large enterprises are at the forefront of digital transformation to improve operations. However, small and medium-sized enterprises are still in the initial phases of adopting the latest technology trends. Some of the major reasons behind this slow adoption by SMEs include lack of resources and lack of awareness about the potential benefits of digital transformation. Hence, SMEs offers a huge growth opportunity for players operating in the event management software market. In order to tap this potential segment, companies are investing in marketing activities to spread awareness and generate interest in small scale businesses. Thus, creating huge opportunity for the North America Event management Market in the forecast period.

 

North America Event Management Market : Solution Type Segment Insights

Event management solutions automate and simplifies the planning process and are also used for the management of academic as well as professional events such as conferences, trade exhibitions, and others. This solution also helps in saving time and money by centralizing all the tasks included in an event management process. Furthermore, developments in the cloud-based services have increased the demand for cloud-based event management software. Thus, it is anticipated that the software type segment will increase in the coming years as well as drive the North America Event Management market.

 

North America Event Management Market : Application Segment Insights

The North America Event Management market by application is segmented into event planning, event marketing, venue and ticket management, reporting and analytics, and others. The adoption of advanced technological software for the management of events has resulted in increasing demand for these software. The presence of latest innovative tools for analyzing, and suggesting best possible way to have a measurable return on investment (ROI) for the efficient and reliable process to carry out the event are likely to bolster the North America event management software market during the forecast period.

 

Exhibit: Mexico Event Management Market by Solution Type


 

New market initiatives were observed as the most adopted strategy in the North America Event Management market. Few of the recent market initiatives in the North America Event Management market are listed below:

 

2019: Attendify partnered with American Express GBT’s division, American Express Meetings & Events to enhance attendee engagement.

 

2018: Aventri released new updates for its mobile event apps. The new updates include advanced analytics as well as the support of facial recognition and fingerprint technology.

 

2017: EventBrite acquired Ticketfly, a ticketing platform from Pandora. The acquired company is focused on offering platform dedicated to music venues and promoters.

 

NORTH AMERICA EVENT MANAGEMENT MARKET SEGMENTATION

 

North America Event Management Market — By Solution Type

  • Software
  • Services 

North America Event Management Market — By Application

  • Event planning
  • Event marketing
  • Venue and ticket management
  • Reporting and analytics
  • Others

North America Event Management Market – By Geography

  • North America
    • U.S.
    • Canada
    • Mexico

North America Event Management Market - Company Profiles

  • Active Network
  • Arlo
  • Attendify
  • Aventri
  • Bizzabo
  • Cvent
  • Dean Evans and Associates, Inc.
  • Eventbrite, LLC
  • Grenadine Technologies Inc.
  • Zerista, Inc.   

1.              Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1       North America Event Management Software Market – By Solution

1.3.2       North America Event Management Software Market – By Application

1.3.3       North America Event Management Software Market – By End-User

1.3.4       North America Event Management Software Market – By Country

2.              Key Takeaways

3.              Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.              Event Management Software Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1       North America PEST Analysis

4.3       Ecosystem Analysis

5.              Event Management Software Market –  Key Market Dynamics

5.1       Key Market Drivers

5.1.1       The complexities in event management is significantly creating the demand for event management software

5.1.2       Integrating artificial intelligence with event management software are having a significant impact on market growth

5.2       Key Market Restraints

5.2.1       Data privacy and security issues

5.3       Key Market Opportunities

5.3.1       Adoption by Small and Medium-sized Enterprises (SMEs) will offer future growth opportunity

5.4       Future Trend

5.4.1       Adoption of cloud-based event management software

5.5       Impact Analysis of Drivers and Restraints

6.              Event Management Software Market – North America Market Analysis

6.1       North America Event Management Software Market Overview

6.2       North America Event Management Software Market Forecast and Analysis

6.3       Market Positioning – Five Key Players

7.              Event Management Software Market Analysis –  By Solution Type

7.1       Overview

7.2       North America Event Management Software Market Breakdown, By Solution Type, 2018 & 2027

7.3       Software

7.3.1       Overview

7.3.2       North America Software Market Revenue and Forecasts to 2027 (US$ Mn)

7.4       Service

7.4.1       Overview

7.4.2       North America Service Market Revenue and Forecasts to 2027 (US$ Mn)

8.              North America Event Management Market –  By Application

8.1       Overview

8.2       North America Event Management Market Breakdown, By Application, 2018 and 2027

8.3       Event Planning Software

8.3.1       Overview

8.3.2       Event Planning Software Market, Revenue and Forecast to 2027 (US$ Mn)

8.4       Event Marketing Software

8.4.1       Overview

8.4.2       Event Marketing Software Market, Revenue and Forecast to 2027 (US$ Mn)

8.5       Venue and Ticket Management Software

8.5.1       Overview

8.5.2       Venue and Ticket Management Software Market, Revenue and Forecast to 2027 (US$ Mn)

8.6       Analytics and Reporting Software

8.6.1       Overview

8.6.2       Analytics and Reporting Software Market, Revenue and Forecast to 2027 (US$ Mn)

8.7       Others

8.7.1       Overview

8.7.2       Others Market, Revenue and Forecast to 2027 (US$ Mn)

9.              North America Event Management Market –  By End User

9.1       Overview

9.2       North America Event Management Market Breakdown, By End User, 2018 & 2027

9.3       Corporate

9.3.1       Overview

9.3.2       Corporate Market, Revenue and Forecast to 2027 (US$ Mn)

9.4       Government

9.4.1       Overview

9.4.2       Government Market, Revenue and Forecast to 2027 (US$ Mn)

9.5       Education

9.5.1       Overview

9.5.2       Education Market, Revenue and Forecast to 2027 (US$ Mn)

9.6       Media and Entertainment

9.6.1       Overview

9.6.2       Media and Entertainment Market, Revenue and Forecast to 2027 (US$ Mn)

9.7       Others

9.7.1       Overview

9.7.2       Others Market, Revenue and Forecast to 2027 (US$ Mn)

10.           North America Event Management Software Market – Country Analysis

10.1    Overview

10.1.1.1  US Event Management Software Market Revenue and Forecast To 2027 (US$ Mn)

10.1.1.1.1 US Event Management Software Market Breakdown, By Solution Type

10.1.1.1.2 US Event Management Software Market Breakdown, By Application

10.1.1.1.3 US Event Management Software Market Breakdown, By End User

10.1.1.2  Canada Event Management Software Market Revenue and Forecast To 2027 (US$ Mn)

10.1.1.2.1 Canada Event Management Software Market Breakdown, By Solution Type

10.1.1.2.2 Canada Event Management Software Market Breakdown, By Application

10.1.1.2.3 Canada Event Management Software Market Breakdown, By End User

10.1.1.3  Mexico Event Management Software Market Revenue and Forecast To 2027 (US$ Mn)

10.1.1.3.1 Mexico Event Management Software Market Breakdown, By Solution Type

10.1.1.3.2 Mexico Event Management Software Market Breakdown, By Application

10.1.1.3.3 Mexico Event Management Software Market Breakdown, By End User

11.           Event Management Software Market - Industry Landscape

11.1    Market Initiative

11.2    Merger & Acquisition

11.3    New Development

12.           Company Profiles

12.1    Active Network, LLC

12.1.1    Key Facts

12.1.2    Business Description

12.1.3    Products and Services

12.1.4    Financial Overview

12.1.5    SWOT Analysis

12.1.6    Key Developments

12.2    Arlo Software Limited

12.2.1    Key Facts

12.2.2    Business Description

12.2.3    Products and Services

12.2.4    Financial Overview

12.2.5    SWOT Analysis

12.2.6    Key Developments

12.3    Attendify

12.3.1    Key Facts

12.3.2    Business Description

12.3.3    Products and Services

12.3.4    Financial Overview

12.3.5    SWOT Analysis

12.3.6    Key Developments

12.4    Aventri, Inc.

12.4.1    Key Facts

12.4.2    Business Description

12.4.3    Products and Services

12.4.4    Financial Overview

12.4.5    SWOT Analysis

12.4.6    Key Developments

12.5    Bizzabo, Inc.

12.5.1    Key Facts

12.5.2    Business Description

12.5.3    Products and Services

12.5.4    Financial Overview

12.5.5    SWOT Analysis

12.5.6    Key Developments

12.6    Cvent, Inc.

12.6.1    Key Facts

12.6.2    Business Description

12.6.3    Products and Services

12.6.4    Financial Overview

12.6.5    SWOT Analysis

12.6.6    Key Developments

12.7    Event Espresso LLC

12.7.1    Key Facts

12.7.2    Business Description

12.7.3    Products and Services

12.7.4    Financial Overview

12.7.5    SWOT Analysis

12.7.6    Key Developments

12.8    Eventbrite, Inc.

12.8.1    Key Facts

12.8.2    Business Description

12.8.3    Products and Services

12.8.4    Financial Overview

12.8.5    SWOT Analysis

12.8.6    Key Developments

12.9    Grenadine Technologies Inc.

12.9.1    Key Facts

12.9.2    Business Description

12.9.3    Products and Services

12.9.4    Financial Overview

12.9.5    SWOT Analysis

12.9.6    Key Developments

12.10  Zerista Inc. (Simpleview, LLC.)

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13.           Appendix

13.1    About The Insight Partners

13.2    Glossary


LIST OF TABLES

Table 1.            North America Event Management Software Market Revenue and Forecasts to 2027 (US$ Mn)

Table 2.            North America Event Management Software Market Revenue and Forecast To 2027, By Country (US$ Mn)

Table 3.            US Event Management Software Market Revenue and Forecast To 2027 – By Solution Type (US$ Mn)

Table 4.            US Event Management Software Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 5.            US Event Management Software Market Revenue and Forecast To 2027 – By End User (US$ Mn)

Table 6.            Canada Event Management Software Market Revenue and Forecast To 2027 – By Type (US$ Mn)

Table 7.            Canada Event Management Software Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 8.            Canada Event Management Software Market Revenue and Forecast To 2027 – By End User (US$ Mn)

Table 9.            Mexico Event Management Software Market Revenue and Forecast To 2027 – By Solution Type (US$ Mn)

Table 10.         Mexico Event Management Software Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 11.         Mexico Event Management Software Market Revenue and Forecast To 2027 – By End User (US$ Mn)

Table 12.         Glossary of Terms, Event Management Software Market


LIST OF FIGURES

Figure 1.          Event Management Software Market Segmentation

Figure 2.          North America Event Management Software Market Overview

Figure 3.          North America Event Management Software Market, By Solution Type

Figure 4.          North America Event Management Software Market, By Application

Figure 5.          North America Event Management Software Market, By End-User

Figure 6.          North America Event Management Software Market, By Country

Figure 7.          North America PEST Analysis

Figure 8.          Event Management Software Market Ecosystem Analysis

Figure 9.          Event Management Software Market Impact Analysis of Drivers and Restraints

Figure 10.       North America Event Management Software Market Forecast and Analysis, (US$ Mn)

Figure 11.       North America Event Management Software Market Breakdown by Solution Type, 2018 & 2027 (%)

Figure 12.       North America Software Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 13.       North America Service Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 14.       North America Event Management Market Breakdown, by Application, 2018 and 2027 (%)

Figure 15.       Event Planning Software Market, Revenue and Forecast to 2027 (US$ Mn)

Figure 16.       Event Marketing Software Market, Revenue and Forecast to 2027 (US$ Mn)

Figure 17.       Venue and Ticket Management Software Market, Revenue and Forecast to 2027 (US$ Mn)

Figure 18.       Analytics and Reporting Software Market, Revenue and Forecast to 2027 (US$ Mn)

Figure 19.       Others Market, Revenue and Forecast to 2027 (US$ Mn)

Figure 20.       North America Event Management Market Breakdown, By End User, 2018 & 2027 (%)

Figure 21.       Corporate Market, Revenue and Forecast to 2027 (US$ Mn)

Figure 22.       Government Market, Revenue and Forecast to 2027 (US$ Mn)

Figure 23.       Education Market, Revenue and Forecast to 2027 (US$ Mn)

Figure 24.       Media and Entertainment Market, Revenue and Forecast to 2027 (US$ Mn)

Figure 25.       Others Market, Revenue and Forecast to 2027 (US$ Mn)

Figure 26.       North America Event Management Software Market Breakdown, By Country, 2018 & 2027 (%)

Figure 27.       US Event Management Software Market Revenue and Forecast To 2027 (US$ Mn)

Figure 28.       Canada Event Management Software Market Revenue and Forecast To 2027 (US$ Mn)

Figure 29.       Mexico Event Management Software Market Revenue and Forecast To 2027 (US$ Mn)

 

The List of Companies

  1. Active Network
  2. Arlo Technologies
  3. KitApps, Inc. /Attendify
  4. Aventri, Inc.
  5. Bizzabo Inc.
  6. Cvent Inc.
  7. Dean Evans and Associates, Inc.
  8. Eventbrite, LLC
  9. Grenadine Technologies Inc.
  10. Zerista, Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America event management software market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the North America event management software market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth North America event management software market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.