Global Cloud Based Event Management Market Analysis: Size, Drivers, Trends, Opportunities And Strategies
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The cloud-based event management market has undergone significant expansion, with its valuation increasing from $8.98 billion in 2023 to $10.45 billion in 2024, demonstrating a commendable compound annual growth rate (CAGR) of 16.4%. This surge in growth can be attributed to several key factors, including the growing adoption of cloud-based technologies within the event management industry, the rising demand for streamlined event planning and execution processes, the increasing globalization trends necessitating scalable and accessible event management solutions, and the accelerating shift towards remote work paradigms driving virtual event demand. Looking ahead, the market is anticipated to continue its upward trajectory, projected to soar to $18.92 billion by 2028, with a projected CAGR of 16.0%. This anticipated growth is driven by factors such as the increasing acceptance of virtual and hybrid event formats, rising demand for event automation solutions, the escalating need for scalable event management frameworks, the growing preference for mobile-centric solutions, and the adoption of on-demand event management platforms to meet dynamic market demands. Major trends in the forecast period encompass continual technological advancements enhancing event management capabilities, seamless integration of AI and machine learning technologies, emphasis on real-time analytics, adoption of VR and AR technologies, and integration of social media platforms to amplify event reach and audience engagement levels.
The cloud-based event management market is set for growth driven by the increasing popularity of virtual events, which offer accessibility, cost-effectiveness, and environmental sustainability compared to in-person gatherings. Cloud-based event management services streamline the organization of virtual events, covering everything from registration and ticketing to attendee engagement and analytics, thereby reducing administrative burdens and enhancing attendee experiences. A survey by Vimeo revealed that 72% of respondents plan to attend the same number or more online events once in-person events resume, indicating sustained interest in virtual gatherings and driving the demand for cloud-based event management solutions, thus fostering market growth.
Get A Free Sample On The Cloud Based Event Management Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14288&type=smp
What Are The Key Trends That Influence Cloud Based Event Management Market Share Analysis?
Major companies in the cloud-based event management market are leveraging strategic partnerships to deliver reliable services to customers. For instance, in March 2022, Microsoft Corporation partnered with Whova Inc., a US-based event technology solutions provider, to streamline virtual and hybrid event management for Microsoft Teams customers. This collaboration integrates robust event planning capabilities from Whova directly into Microsoft Teams, enhancing event management experiences with seamless integration and comprehensive event planning solutions.
Which Market Players Are Driving Growth In The Cloud Based Event Management Market?
Major companies operating in the market areACTIVE Network LLC, The International Business Machines Corporation, RainFocus, Zoho Corporation, Cvent Holding Corp., Arlo Technologies, XING Events, Bitrix24, Eventbrite, Aventri Inc., Tripleseat, Bizzabo Limited, EventMobi, Attendify, Certain Inc., webMOBI, EventBooking, EventsAir, Momentus Technologies, EventGeek, Hopin Ltd., Meeting Evolution Inc., Regpacks, Boomset Inc., EventPro Software, Eventzilla
How Is The Global Cloud Based Event Management Market Segmented?
The cloud based event management market covered in this report is segmented –
1) By Component: Software, Services
2) By Organization Size: Small And Medium-sized Enterprises (SMEs), Large Enterprises
3) By End User: Event Organizers And Planners, Corporate, Government, Education, Other End Users
Read The Full Cloud Based Event Management Market Report Here
https://www.thebusinessresearchcompany.com/report/cloud-based-event-management-global-market-report
The Cloud Based Event Management Global Market Report 2024 provides an overview of the cloud based event managementmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The cloud based event management market forecast analyzes cloud based event management market size, cloud based event management market share, leading competitor and their market positions.
The Table Of Content For The Cloud Based Event Management Market Include
1. Cloud Based Event Management Market Executive Summary
2. Cloud Based Event Management Market Segments
3. Cloud Based Event Management Market Size And Template Market Growth Rate
4. Key Cloud Based Event Management Market Trends
5. Major Cloud Based Event Management Market Drivers
……
25. Key Mergers And Acquisitions In The Cloud Based Event Management Market
26. Top Cloud Based Event Management Companies
27. Cloud Based Event Management Market Opportunities And Strategies
28. Cloud Based Event Management Market, Conclusions And Recommendations
29. Appendix
Explore Similar Reports From The Business Research Company:
Telecom Cloud Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/telecom-cloud-global-market-report
Cloud Gaming Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/cloud-gaming-global-market-report
Cloud Mobile Backend as a Service (BaaS) Market Share, Growth Analysis 2024-2033
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
