Event Management Software (EMS) Market Size, Status, Share And Forecast By 2026
The Event Management Software (EMS) Market is
expected to reach USD 14.32 Billion by 2026, according to a new report by
Reports and Data. When compared to in-house planners, event management software
is the highly preferred tool for third-party planners as they plan more than a
particular concert or show that occur at any time of the year. Such a
considerable responsibility makes the media and entertainment events one of the
most complex events to plan, compared to events hosted by several other areas,
such as cultural and industrial. Furthermore, downtime in any event organizing
method has a disastrous impact on the reputation of the events.
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Businesses have quickly moved towards cloud technologies
globally in recent times, the primary reason for the large scale acceptance of
cloud technologies have been extensive scalability and decreased operational
costs offered by cloud services. Tremendous opportunity for growth awaits the
market as it is an emerging technology.
Due the presence of advanced economies, like the United
States (US) and Canada, North America is estimated to hold the largest market
share of 42.3% in 2018. The region’s powerful financial position also allows it
to invest heavily in advanced software tools and technologies. These
improvements have provided North American organizations a competitive edge in
the market.
Further key findings from the report suggest
- The
Event Management Software (EMS) Market is estimated to reach USD 14.32
Billion by 2026, at a CAGR of 11.1% during the forecast period.
- Event
management software provides a set of traits involving event website, a
dashboard for planning networking platform, and event analytics.
- The
events industry is stepping into the future with certain innovations
already on their way to becoming mainstream. Events are now quite a
tech-driven affair.
- The
application in education segment is anticipated to grow at the highest
rate of 11.4% during the forecast period.
- The
emergence of mobile applications for event management keeps speakers,
planners, and attendees up to date on everything. Starting from the
program and the location of specific sessions and meetings to last minute
adjustments and schedules, the EMS software keeps track of everything.
- These
applications enable attendees to obtain a list of sessions with
matchmaking opportunities, live polls, speaker bios, and other
information.
- The
cloud deployment is estimated to reach USD 4.58 billion by 2026. Due to
several benefits, such as high computing speed, scalability,
cost-efficiency, and decreased expense on Information Technology (IT)
infrastructure, the cloud deployment is expected to grow higher.
- By
software, the Event Registration and Ticketing Software segment accounts
for the largest share of 30.8% in 2018.
- Europe
is forecast to be the fastest growing market with the highest rate of
11.4% during the forecast period.
- Various
players are developing strategies to mark their presence in the industry.
- Certain
acquired Gather Digital in Dec 2017.
- Gather
is a mobile event application suitable for associations, enterprises, and
educational institutions.
- Certain
extended its mobile-development and data-integration capabilities with
this acquisition.
- The
Key players in the Event Management Software (EMS) Market include Whova,
Active Network LLC, Etouches, Lanyon Solutions Inc., Regfox LLC, Certain
Inc., Eventbrite, Ungerboeck Software International, Pulse Network,
Bizzabo, Cvent Inc, Aventri, Cvent, Eventbrite, Xing Events, Arlo,
Attendify, Eventbank, Eventbooking, Eventgeek, Eventmobi, Eventpro, Eventuosity,
Eventzilla, Gather Technologies, Hubb, Meeting Evolution, Regpack,
Signupgenius, Social Tables, Ungerboeck Software
To identify the key trends in the industry, click on the
link below:https://www.reportsanddata.com/report-detail/event-management-software-ems-market
For the purpose of this study, Reports and Data have
segmented the market on the basis of Deployment Mode, Software, Application and
region:
Deployment Mode Outlook (Revenue, USD Million;
2018-2026)
- Cloud
- On-premises
Software Outlook (Revenue, USD Million; 2018-2026)
- Event
Registration and Ticketing Software
- Venue
Management Software
- Event
Planning Software
- Event
Marketing Software
- Analytics
and Reporting Software
- Others
Application Outlook (Revenue, USD Million; 2018-2026)
- Corporate
- Education
- Government
- Third-party
Planners
- Others
Regional Outlook (Revenue, USD Billion ; 2018-2026)
- North
America
- U.S.
- Europe
- France
- UK
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- Middle
East and Africa
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