Key Takeaways
- The global event management software market size was valued at USD 7.45 billion in 2023 and is projected to reach USD 15.98 billion by 2030, growing at a CAGR of 11.5% during the forecast period.
- In 2022, the event management software market in North America accounted for over 35% of the global revenue share, driven by high adoption in corporate events.
- The cloud-based segment of the event management software market is expected to grow at a CAGR of 12.8% from 2024 to 2030, due to scalability advantages.
- 78% of event planners worldwide use event management software, up from 52% in 2019.
- In 2023, 65% of corporate event organizers reported daily use of event management software for planning.
- 92% of users cite time savings as the primary reason for adopting event management software.
- Registration and ticketing features are used by 95% of event management software adopters.
- Email marketing automation is the second most used feature at 87% in event management software.
- Analytics and reporting tools are prioritized by 79% of users in event management software selection.
- Cvent holds 24.5% market share in event management software as of 2023.
- Eventbrite commands 18.2% of the global event ticketing and management software market in 2023.
- Hopin (now part of RingCentral) captured 12% share in virtual event software segment 2023.
- 68% of event pros predict AI integration as top trend by 2025.
- Sustainability features in event software expected to rise 45% adoption by 2026.
- Blockchain for ticketing projected to grow at 28% CAGR in event management to 2030.
Event management software is rapidly growing and evolving to meet increasing demand.
Adoption Rates and Usage Statistics
- 78% of event planners worldwide use event management software, up from 52% in 2019.
- In 2023, 65% of corporate event organizers reported daily use of event management software for planning.
- 92% of users cite time savings as the primary reason for adopting event management software.
- Among non-profits, 41% adopted event management software in the last two years as of 2023.
- 73% of event professionals integrate CRM with event management software for better attendee data.
- Mobile app usage in event management software reached 68% adoption among planners in 2023 surveys.
- 55% of small businesses using event management software report ROI within 6 months.
- In Europe, 82% of conference organizers use cloud-based event management software as of 2023.
- 47% of event planners switched event management software vendors in 2022-2023 due to feature gaps.
- Virtual event platforms saw 310% increase in adoption from 2020 to 2023 among enterprises.
- 61% of millennials in event planning roles prefer integrated event management software suites.
- 84% of users access event management software via mobile devices at least weekly in 2023.
- Government sector adoption of event management software rose to 39% in 2023 from 22% in 2020.
- 70% of event agencies report using AI features in their event management software daily.
- Hybrid events drove 52% adoption increase in multi-platform event management software in 2023.
- 66% of U.S. event planners use free trials before committing to event management software.
- Education sector shows 58% penetration of event management software for webinars and conferences.
- 75% retention rate for users of event management software after first year of use in 2023.
- 89% of adopters integrate payment gateways with event management software platforms.
Adoption Rates and Usage Statistics Interpretation
Challenges and Trends
- 62% of planners face integration challenges as primary pain point.
- Data security breaches affected 29% of event software users in 2023.
- High costs deter 44% of SMBs from advanced event management software.
- User training gaps reported by 53% leading to underutilization.
- Scalability issues during peak events challenge 37% of cloud users.
- Poor mobile UX causes 41% churn in event management software.
- Customization limitations frustrate 48% of enterprise buyers.
- Vendor lock-in concerns for 56% of multi-tool users.
- Attendance prediction inaccuracy impacts 35% ROI calculations.
- Multi-vendor integration fails for 49% in hybrid setups.
Challenges and Trends Interpretation
Emerging Trends and Forecasts
- 68% of event pros predict AI integration as top trend by 2025.
- Sustainability features in event software expected to rise 45% adoption by 2026.
- Blockchain for ticketing projected to grow at 28% CAGR in event management to 2030.
- Metaverse events forecast to represent 15% of virtual events by 2027.
- Personalization via AI to be standard in 72% of event platforms by 2025.
- Contactless check-in tech adoption expected to hit 95% by end of 2025.
- Data privacy compliance (GDPR/CCPA) as top priority for 81% of vendors by 2024.
- AR/VR integration in event apps to grow 35% annually through 2028.
- Predictive analytics for attendance forecasting in 55% of software by 2026.
- Zero-party data collection trend rising, used by 40% planners by 2025.
- Edge computing for real-time event data processing to surge 50% by 2027.
- NFT ticketing projected for 12% of premium events by 2026.
- Voice assistant integration in event apps expected in 30% platforms by 2025.
- 76% forecast growth in B2B matchmaking automation by 2028.
- Phygital experiences to dominate 60% of hybrid events post-2025.
- Quantum-safe encryption adoption in event software by 2027 for 25% users.
- 5G-enabled live streaming to boost virtual attendance 40% by 2026.
- Inclusive design features (accessibility) mandatory for 90% by regulatory push 2026.
- Web3 community events software to emerge with 18% CAGR to 2030.
- Hyper-personalized agendas via ML in 65% enterprise tools by 2025.
- Global event management software market to integrate ESG metrics in 50% platforms by 2027.
Emerging Trends and Forecasts Interpretation
Feature Preferences
- Registration and ticketing features are used by 95% of event management software adopters.
- Email marketing automation is the second most used feature at 87% in event management software.
- Analytics and reporting tools are prioritized by 79% of users in event management software selection.
- Virtual/hybrid event support ranks as top feature request, desired by 92% of surveyed planners.
- Mobile responsiveness is a must-have for 88% of event management software buyers in 2023.
- CRM integration tops the list with 85% usage rate in advanced event management software.
- Customizable templates for invitations and badges used by 76% of event software users.
- AI-powered attendee matching is emerging, with 42% expressing interest in future features.
- Agenda builders and scheduling tools utilized by 91% of corporate event software users.
- Badge printing and check-in features adopted by 82% for in-person events in 2023.
- Sustainability tracking features requested by 35% of eco-conscious event planners.
- Gamification elements integrated in 28% of event management software platforms used.
- Live polling and Q&A tools used in 77% of virtual event management software sessions.
- Floor plan and seating arrangement tools preferred by 69% for conferences.
- Budget tracking modules valued by 83% of SMB event managers in software.
- Multi-language support demanded by 51% for international events.
- Lead capture and scoring features used by 74% in trade show event software.
- Post-event survey automation employed by 80% of professional users.
Feature Preferences Interpretation
Market Size and Growth
- The global event management software market size was valued at USD 7.45 billion in 2023 and is projected to reach USD 15.98 billion by 2030, growing at a CAGR of 11.5% during the forecast period.
- In 2022, the event management software market in North America accounted for over 35% of the global revenue share, driven by high adoption in corporate events.
- The cloud-based segment of the event management software market is expected to grow at a CAGR of 12.8% from 2024 to 2030, due to scalability advantages.
- Asia-Pacific region is anticipated to register the fastest CAGR of 13.2% in the event management software market between 2023 and 2030.
- The enterprise segment held a 62% market share in event management software in 2023, owing to complex event needs.
- Event management software market revenue in Europe reached USD 2.1 billion in 2023, with a projected growth to USD 4.5 billion by 2028.
- The on-premise deployment model captured 45% of the event management software market in 2022 but is declining at -2.5% CAGR.
- Corporate event management software sub-segment is expected to grow from USD 3.2 billion in 2023 to USD 7.8 billion by 2030 at 13.6% CAGR.
- In 2023, the global event management software market saw a YoY growth of 14.2%, accelerated by post-pandemic recovery.
- Latin America event management software market is projected to grow at 10.8% CAGR from 2024-2032, reaching USD 1.2 billion.
- The Middle East & Africa segment contributed 8% to global event management software market in 2023, with growth at 11.9% CAGR.
- SMB segment in event management software market grew 16% YoY in 2023, faster than enterprises due to affordable SaaS options.
- Virtual event management software market size was USD 4.1 billion in 2023, expected to hit USD 12.3 billion by 2030 at 17.2% CAGR.
- Hybrid event solutions within event management software grew 22% in 2023, comprising 28% of total market revenue.
- The U.S. event management software market alone was valued at USD 2.6 billion in 2023, with 12.1% CAGR forecast.
- Event registration software, a key component, held 25% market share in 2023 valued at USD 1.86 billion.
- Post-COVID, event management software market rebounded with 18.5% growth in 2022-2023 period globally.
- By 2025, event management software market is expected to surpass USD 10 billion, per industry forecasts.
- The software as a service (SaaS) model dominates with 58% share in 2023 event management software market.
- India’s event management software market grew at 15.4% CAGR from 2018-2023, reaching USD 450 million.
Market Size and Growth Interpretation
Vendor Landscape
- Cvent holds 24.5% market share in event management software as of 2023.
- Eventbrite commands 18.2% of the global event ticketing and management software market in 2023.
- Hopin (now part of RingCentral) captured 12% share in virtual event software segment 2023.
- Bizzabo leads enterprise segment with 15.8% market share per 2023 analyst reports.
- Whova has 9.3% share in mobile-first event app management software.
- vFairs dominates Middle East with 22% regional market share in 2023.
- Splash ranks top in marketing-focused event software with 14% U.S. share.
- Accelevents grew to 7.5% share in SMB virtual events post-2022.
- Webex Events (Cisco) holds 11.2% in hybrid enterprise solutions 2023.
- SpotMe secures 8.1% in luxury and pharma event management niche.
- Tripleseat leads catering and venue management integration with 19% share.
- Grip (formerly Bizzabo Engage) has 6.4% in matchmaking features market.
- Swoogo captures 5.9% in all-in-one SMB event platforms 2023.
- Airmeet holds 10.5% in Asia-Pacific virtual events market share.
- Hubilo grew fastest with 320% YoY revenue, 4.2% total share 2023.
- EventMobi has 7.8% share in non-profit event management software.
- Remo leads casual networking events with 13% niche market share.
- InEvent secures 9.7% in Latin America event tech landscape 2023.
Vendor Landscape Interpretation
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