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How Has the Corporate Event Global Market Report 2025 Market Size Changed, over the years?

The size of the corporate event market has expanded precipitously in the past few years. It is anticipated to escalate from $254.53 billion in 2024 to $282.17 billion in 2025, signifying a compound annual growth rate (CAGR) of 10.9%. The growth during the historical period can be ascribed to the surge in corporate expenditures on events, amplified significance of brand interaction, MICE industry expansion, growing disposable income of businesses, and a rise in sponsorship and alliance.

How Much Will the Corporate Event Global Market Report 2025 Market Be Worth in 2029?

The market size for corporate events is predicted to experience a significant surge in the coming years and is expected to reach $421.89 billion by 2029, growing at a compound annual growth rate (CAGR) of 10.6%. This projected growth during the forecast period is due to the increasing acceptance of hybrid events, a rise in sustainability focused events, heightened interest in customized event experiences, and an escalation in the use of artificial intelligence and data analytics in event organization. In addition, there is also an uptick in corporate travel budgets. The upcoming market trends within this period are likely to be innovations in virtual and augmented reality, AI integration in event planning and management, introduction of the Internet of Things for smart event management, adoption of 5G for robust virtual connectivity, and the rise of AI-driven chatbots for event support.

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Which is the Largest Company in the Corporate Event Global Market Report 2025 Market?

Major companies operating in the corporate event market are Jack Morton Worldwide, Zoom Video Communications Inc., Informa PLC, American Express Global Business Travel, BCD Travel Services B.V., Maritz Holdings Inc., Cvent Inc., Global Experience Specialists, MCI Group, BI WORLDWIDE, Clarion Events Ltd., ITA Group Inc., Eventbrite Inc., Creative Group Inc., Flight Centre Travel Group Limited (FCM), Access Destination Services LLC, The Big Group, Hosts Global, 360 Destination Group LLC, ATTRI, Magma Event Group, PRA Events Inc.

What Are the Main Market Drivers in the Corporate Event Global Market Report 2025 Industry?

The corporate event market’s expansion is anticipated to be bolstered by the growing business travel sector. Business travel refers to all work-related journeys, such as those meant for conferences, client interactions, meetings, and corporate events. Global company expansions necessitate professionals to participate in conferences and client engagements, which is the reason for the growth of business travel. Corporate events contribute to business travel as they generate demand for trips to conferences and meetings that foster business development. For example, the Global Business Travel Association, a professional association based in the US, has predicted that global business travel spending will see an increase of 11.1% in 2024, after witnessing significant year-on-year growth of 30% to 47% in 2022 and 2023. Hence, the expansion of the business travel sector is fueling the growth of the corporate event market.

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How Is the Corporate Event Global Market Report 2025 Market Segments Structured?

The corporate event market covered in this report is segmented –

1) By Event Type: Conferences And Seminars, Company Meetings, Trade Fairs And Exhibitions, Product Launches, Incentive Or Reward Programs, Other Event Types

2) By Platform: Offline Event, Hybrid Event, Online Event

3) By Event Size: Mega And Large Scale, Small And Medium Scale

4) By Industry: Banking, Financial Services And Insurance (BFSI), Automotive, Real Estate And Infrastructure, Information Technology, Other Industries

Subsegments:

1) By Conferences And Seminars: Business Conferences, Academic Conferences, Industry-Specific Seminars, Leadership Summits

2) By Company Meetings: Board Meetings, Shareholder Meetings, Annual General Meetings (AGMs), Team Building Meetings

3) By Trade Fairs And Exhibitions: B2B Trade Shows, B2C Expos, Industry-Specific Exhibitions, Networking Trade Fairs

4) By Product Launches: New Product Unveilings, Brand Promotion Events, Media And Press Launches, Private VIP Launch Events

5) By Incentive or Reward Programs: Employee Recognition Programs, Sales Incentive Trips, Performance-Based Rewards, Customer Loyalty Events

6) By Other Event Types: Corporate Retreats, Charity And Fundraising Events, Award Ceremonies, Training And Development Workshops

What Strategic Trends Are Transforming the Corporate Event Global Market Report 2025 Market?

Leading firms in the corporate event market are leaning into technology advancements, such as AI-powered matchmaking platforms, to maintain an edge in the market. These platforms are revolutionizing corporate functions by bolstering networking, involvement, and lead generation via smart attendee-exhibitor interactions. For example, in September 2024, Stova, an American event management platform, unveiled its novel and expandable Exhibitor Resource Center (ERC), crafted to simplify exhibitor and sponsor management for event professionals. This centralized platform allows exhibitors and sponsors to effectively organize their involvement in corporate and industry activities, including trade shows, conferences, and exhibitions. The ERC provides an all-inclusive set of tools for managing exhibitor profiles, sponsorship deliverables, registrations, promotional efforts, and logistical tasks. Widely used in corporate environments, it escalates exhibitor engagement, refines event management, and bolsters ROI for organizers and event-goers alike.

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Which Global Regions Offer the Highest Growth in the Corporate Event Global Market Report 2025 Market?

North America was the largest region in the corporate event market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the corporate event market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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This Report Delivers Insight On:

1. How big is the corporate event global market report 2025 market, and how is it changing globally?

2. Who are the major companies in the corporate event global market report 2025 market, and how are they performing?

3. What are the key opportunities and risks in the corporate event global market report 2025 market right now?

4. Which products or customer segments are growing the most in the corporate event global market report 2025 market?

5. What factors are helping or slowing down the growth of the corporate event global market report 2025 market?

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