Events Market Size, Share, Future Trends, Revenue, Application and Present Scenario on Growth Analysis and High Demand to 2028

PRESS RELEASE
Published January 31, 2023

Latest research study from The Insight Partners on “Events Market Size, Share, Growth, Industry Trends and Forecast to 2028– COVID-19 Impact and Global Analysis – by Technology, Event Type, Revenue Source, Type, Organizer, Application, Enterprise Size, and Geography,” the events industry market share is projected to reach US$ 1,965.99 billion by 2028 from US$ 958.54 billion in 2021. The events industry market size is estimated to grow at a CAGR of 11.1% from 2022 to 2028. The Global Events Industry performance of these manufacturers globally, their business strategies, and SWOT analysis are profiled. This Events Market report has all the essential data and analysis of market advantages or disadvantages, impact of COVID 19 and future industry scope all stated in a very clear manner. This report also calculates the Events Market size, future trends, market drivers, opportunities and challenges, sales channels and distributors and forecast.

 

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Report Scope:

Market Size Value in US$ 958.54 Billion in 2021
Market Size Value by US$ 1,965.99 Billion by 2028
Growth rate CAGR of 11.1% from 2022 to 2028
Forecast Period 2022-2028
Base Year 2021
No. of Pages 244
No. of Tables 197
No. of Charts & Figures 121

 

Over the last 50 years, the relevance and popularity of sports have given rise to a new business, the sports industry. Much of the success of fantasy sports is due to effective customer relationship management (CRM). Customer loyalty and retention increase if a supplier can give rapid, accurate, and informative information to its customers. Professional sports organizations cannot run successfully without funds earned from commercial operations, major sporting events have become an essential component of global business, and sports sponsorship has expanded. Sports organizations rely on the sale of telecasting/broadcasting rights, sponsorship money, and ticket sales to organize sporting events.

 The Segments and Sub-Section of Events Market are shown below:

By Event Type (Virtual, Hybrid, and Physical)

By Revenue Source (Ticket Sale, Sponsorship, and Others)

By Type (Music Concert, Festivals, Sports, Exhibitions and Conferences, Corporate Events and Seminars, and Others)

By Organizer (Corporate, Sports, Education, Entertainment, Association, and Others)

By Application (B2B and B2C), and Enterprise Size (Small and Medium Enterprises and Large Enterprises)

Top Key Companies or Players (this may not be a complete list and extra companies can be added upon request): Access Destination Services; Anschutz Entertainment Group; ATPI Ltd.; BCD Meetings & Events; Cvent Inc.; Entertaining Asia; Live Nation Worldwide, Inc.; Pollstar; Riviera Events; and StubHub are the major companies operating in the events industry market.

 

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Global Events Market Research Report also provides the latest companies data and industry future trends, allowing you to identify the products and end users driving profits growth and productivity. The Market report lists the most important competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, investigation and discussion of significant industry trends, market volume, market share estimates and profiles of the leading industry Players. Global Events Industry Market Research Report is providing exclusive vital statistics, information, data, trends and competitive landscape details.

 

Sports have become more commercialized, generating more promotion and sponsorship. Businesses that participate in sponsorship programs gain recognition for their brands and expand their footprints. On the other hand, sponsoring firms get both concrete and intangible advantages, such as increased brand exposure and presenting a favorable picture of the company to stakeholders in the events industry market.

Events industry market analysis by event type, the events industry market is segmented into virtual, hybrid, and physical. Events industry market analysis by application, the market is segmented into B2B and B2C. Events industry market analysis by enterprise size, the market is segmented into small and medium enterprises and large enterprises. Based on revenue sources, the events industry market is segmented into ticket sale, sponsorship, and others. Based on organizer, the market is segmented into corporate, sports, education, entertainment, and others. Based on type, the market is segmented into music concert, festivals, sports, exhibitions and conferences, corporate events and seminars, and others. Based on geography, the global events industry market is segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).

 

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Scope of Report:                                                                                 

The Market report lists the most important competitors and provides the insights strategic industry Analysis of the key factors influencing the market. This report will help you to establish a landscape of industrial development and characteristics of the Events market. The Global Events market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, price, cost, revenue and gross margins.

Impact of COVID-19 Pandemic on Events Industry Market Growth

According to the latest situation report from the World Health Organization (WHO), the US, Brazil, India, Russia, South Africa, Spain, the UK, Germany, and France are some of the worst affected countries due to the COVID-19 outbreak. The COVID-19 crisis impacted industries worldwide, with 2020 and 2021 being the worst years for the global economy. The pandemic created challenges for medical institutions, healthcare, manufacturing unit, commercial office premises, shopping complexes, and airports worldwide, which led to the need for intervention of the governments and market players in public healthcare emergencies and their assistance in the revival of market operations and revenue through collaborative efforts of research and development initiatives to recover the losses during the forecast period.

 

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According to the Regional Segmentation the Events Market provides the Information covers following regions:

  • North America
  • South America
  • Asia & Pacific
  • Europe
  • MEA (Middle East and Africa)

The key countries in each region are taken into consideration as well, such as United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

 

Browse other research published by The Insight Partners:

Events Industry Market – The global Events industry market share is expected to grow from US$ 958.54 billion in 2021 to US$ 1,965.99 billion by 2028. Events industry market size is estimated to grow at a CAGR of 11.1% from 2022 to 2028.

Virtual Event Software Market – The global virtual event software market size is expected to grow from US$ 9,675.8 million in 2021 to US$ 24,201.6 million by 2028; it is estimated to register a CAGR of 12.4% from 2021 to 2028.

Event Management Platform Market – The global event management platform market size was valued at US$ 30,628.23 million in 2022 and is projected to reach US$ 59,068 million by 2028. It is expected to grow at a CAGR of 11.6% from 2022 to 2028.

Global Event Management Software Market – The global event management software market size garnered US$ 5,810.6 million in 2018 and is projected to generate US$ 21,287.6 million by 2027, registering a CAGR of 16.02% from 2019 to 2027.

Event Logistics Market – Event logistics involves transporting, managing, and coordinating the physical movement of goods; sharing information from the event manager to the appropriate venue where the event is held to satisfy customer requirements; and contracting firms specialized in handling functions such as storage, warehousing, and freight and storage.

About The Insight Partners

The Insight Partners is a one-stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as technology, media, and telecommunications.

Our research model is very simple. We believe in client servicing and delivering the best quality to our customers. Through our research content, we are making sure that our customers get value for their money along with better quality data and analysis.

Our research content is majorly focused toward market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis, etc. We provide a detailed break-up of segmentation in terms of geography, technology, products, services, etc., which helps our clients gain a deeper analytical understanding of various research topics.

Contact Us:
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Contact Person: Sameer Joshi
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Phone: +1-646-491-9876

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