According to a new market research report " Event Management Software Market by
Component, Software, Service, Deployment Mode (On-Premise, Cloud), Organization
size, Verticals (Education, corporate, Third-Party Planners, Government, & others),
and Region - Global Forecast to 2020", published by MarketsandMarkets,
the global EMS market to grow from USD 5.44 Billion in
2015 to USD
9.28 Billion by 2020, at a
Compound Annual Growth Rate (CAGR) of 11.3% during the forecast period.
Browse
60 market data tables and 47 figures spread through 140 pages and in-depth TOC
on "Event Management
Software Market - Global Forecast to 2020"
http://www.marketsandmarkets.com/Market-Reports/event-management-software-market-136859992.html
Early buyers will receive 10% customization on this report.
Early buyers will receive 10% customization on this report.
Analytics
software to grow at the highest CAGR
With
the increase in the demand of meetings, inductions, conferences, exhibitions
(MICE), event organizers are trying to implement best-in-class technology that
can handle the entire event lifecycle from start to end. The report segments
the global market on the basis of components, software, service, deployment
mode, organization size, verticals and regions, along with providing an
in-depth analysis and the market size estimations. The components include
software and services, which have further been segmented. Services are expected
to grow at a higher CAGR as compared to software segment. Managed services are
expected to have the highest growth rate while professional services account
for the highest market share in 2015. Analytics software is one of the
fastest-growing software in the EMS market.
North America to be the largest revenue generator
The
report has been segmented by region: North America, Europe, Asia-Pacific, the Middle East and Africa,
and Latin
America. The North American region is expected to continue being the
largest revenue generator region for EMS vendors for the next five years,
followed by Europe. The APAC region is expected to be the
fastest-growing region in the EMS market during the forecast period. The market
growth in developing regions such as APAC and MEA is due to the rapid adoption
of emerging trends such as mobility and cloud. The figure below shows the
market share of different regions in 2015 and 2020.
The
market is competitive due to the entry of new players with new and innovative
offerings. Major vendors in the EMS market space include Cvent, Xing Events,
Certain Inc., Ungerboeck, etouches, EventbriteDEA, Active Networks, Lanyon,
Zerista, while companies such as RegPoint Solutions, SocialTables, Eventzilla
have also emerged as key innovators in this space.
The
report provides a picture of growth of the Event
Management Software Market in
various regions and industry verticals. The report aims at estimating the
market size and future growth potential of this market across segments such as
components, software, services, deployment mode, organization size, verticals
and regions. Furthermore, the report also includes in-depth competitive
analysis of the key players in the EMS market, with their company profiles,
swot analysis, recent developments, and key market strategies.
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