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Event Management Software Industry Worth $14+ Billion by 2026 | Global Market Research Report, 2022 | Gamification of Events to Engage a Larger Audience – ResearchAndMarkets.com

Event Management Software Industry Worth $14+ Billion by 2026 | Global Market Research Report, 2022 | Gamification of Events to Engage a Larger Audience - ResearchAndMarkets.com

DUBLIN–()–The “Event Management Software Market with COVID-19 Impact, by Component (Software (Event Registration and Ticketing, Content Management) and Services), Deployment Mode, Organization Size, End User and Region – Global Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.

The Global Event Management Software Market is forecast to grow from USD 7 billion in 2021 to USD 14.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period.

Event management software helps organizations keep track of all of their event’s moving parts to help their event run more smoothly. It also facilitates organizations to automate various processes, including sourcing, coordination, event planning, venue management, expense tracking, marketing, and data analysis, throughout the life cycle of their events. This helps enterprises manage these processes from a centralized platform, enabling them to improve their operational processes and increase their marketing leads from events.

By Component, the Services segment to grow at the higher CAGR during the forecast period

By Component, the Services segment is expected to grow at a higher growth rate during the forecast period. Services are necessary for easy deployment, integration, and proper functioning of the software. The services segment has been further segmented into professional services and managed services. Rising pressure on event management service providers to stay competitive in the market leads to improved quality of service being provided to the customers.

By Services, the Professional Services segment to hold the larger market size

The Professional Services segment is expected to hold a larger market size. These services include deployment and integration, consulting, and support and maintenance services. The professional services provide an expert level of deployment, integration, consulting, and support and maintenance services for the proper installation of a specific software either on-premises or over the cloud.

By Deployment Mode, Cloud segment to grow at the highest CAGR during the forecast period

The Cloud segment is projected to grow at the highest CAGR during the forecast period. Cloud-based solutions are provided directly through cloud-deployed network connectivity. These solutions help reduce the overall costs while providing highly flexible and scalable access to event management solutions through the IT infrastructure hosted by cloud service providers.

Research Coverage

The Event Management Software Market is segmented by Component, Deployment Mode, Organization Size, End-user, and Region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; solutions and services; key strategies; new product launches and product enhancements; partnerships, acquisitions, and mergers; agreements and business expansions; and competitive landscape associated within the Event Management Software Market.

The following key vendors are profiled in the report:

  • Cvent (US)
  • Aventri (US)
  • Eventbrite (US)
  • Ungerboeck (US)
  • Hopin (UK)
  • XING Events (Germany)
  • Bizzabo (US)
  • Certain (US)
  • RainFocus (US)
  • ACTIVE Network (US)
  • Eventzilla (US)
  • Meeting Evolution (US)
  • EventMobi (Canada)
  • Zoho (India)
  • Regpack (US)
  • EventBooking (US)
  • Bitrix24 (US)
  • Arlo (UK)
  • webMOBI (US)
  • Tripleseat (US)
  • Hubilo (US)
  • Circa (US)
  • Hubb (US)
  • Accelevents (US)
  • Glue Up (US)
  • idloom (Belgium)
  • Eventdex (US)
  • Event Temple (Canada)
  • Whova (US)
  • Airmeet (US)

Market Dynamics

  • Drivers

    • COVID-19: A Catalyst to Accelerate the Adoption of Virtual Events
    • Rise in Demand to Manage Large Volumes of Data and Automate Event Management Tasks
    • Compelling Need to Save Time and Money with Real-Time Data Analysis
    • Increase in Demand to Capture Actionable Business Insights from Events
    • Growth in the Use of Social Media for Event Marketing
  • Restraints

    • Difficulty in Integrating Event Management Software with Business Systems
    • High Initial Cost Associated with Event Management Software
  • Opportunities

    • Gamification of Events to Engage a Larger Audience
    • Growth in Inclination Toward Adoption of AI and ML in Event Management
  • Challenges

    • Wide Gap Between Organizers’ Offerings and Attendees’ Needs
    • Lack of Awareness of Event Management Software

Case Study Analysis

  • NEC Corporation Showcasing Proven SaaS Solutions to Customers Through Virtual Events on the Cvent Platform
  • HLB Designed a Virtual Event with Aventri Virtual Event Platform
  • Glassdoor Used Hopin for Its First Fully Virtual Sales Kickoff
  • Acronis Scales Their Hybrid Event Strategy with Bizzabo

Premium Insights

  • Growing Demand for Event Management Software Solutions Would Tackle High Demand from Event Organizers and Planners
  • Software to Account for a Larger Market Share During the Forecast Period
  • The Support and Maintenance Segment to be the Largest Market During the Forecast Period
  • On-Premises Deployment to Account for a Larger Market Share During the Forecast Period
  • Large Enterprise Segment to Account for a Larger Market Share During the Forecast Period
  • Event Organizers and Planners Segment to Account for the Largest Market Share During the Forecast Period
  • Asia-Pacific to Emerge as the Best Market for Investments in the Next Five Years

For more information about this report visit https://www.researchandmarkets.com/r/lnsgqz

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Ungerboeck’s Latest Acquisition Enables Launch of Risk Management Tool for Venues and Events

Ungerboeck's Latest Acquisition Enables Launch of Risk Management Tool for Venues and Events

ST. LOUIS, May 24, 2022 (GLOBE NEWSWIRE) — Ungerboeck, the global leader in event management software, announced today that it has acquired the products developed by risk management agency Reliance Risk and will be debuting an industry-first application for mitigating risk to events and venues.

Risk management is an essential part of venue management and event planning. As the industry continues to be impacted by major shocks like the COVID-19 pandemic, terrorism, accidents, and severe weather incidents, Ungerboeck is committed to helping its customers better manage risks of all kinds.

The acquisition of both Reliance Risk products, RiskSense101 and VRM360, gives Ungerboeck the power to offer a valuable new solution: Risk Manager by Ungerboeck. The new application is specifically designed to give venue and event organizers a better understanding of threats and help them be proactive instead of reactive in the face of potential issues. 

“The unique nature of events dictates the need for a customized, simple, but powerful technology solution to help mitigate and monitor risk,” said Wayne Middleton, founder of Risk Sense Technologies and co-developer of the new application. “We have built this into Risk Manager by Ungerboeck and are grateful for the shared vision, passion, and global reach that Ungerboeck brings to help our industry manage risk.”

Steve Mackenzie, Executive Vice President of Ungerboeck, said the new application fills a void in the market. 

“Over the past few years, several events have become major headlines for all the wrong reasons,” he said. “Think of the Manchester Arena bombing, the shooting in Las Vegas, or the Astroworld crowd incident. By offering this tool, we are ensuring venue and event operators are equipped to identify potential risks and produce the necessary tasks and reports to back up the process.” 

Before joining the Ungerboeck family, Middleton’s risk management software was already used in venues across the Asia Pacific Region. Now thanks to Ungerboeck’s global reach, thousands of additional organizations will benefit. 

“Qudos Bank Arena, along with the larger ASM Global operated venues throughout Australia, have held a license to the software for over seven years. It has been an important tool in helping us understand the risks that our venues encounter and ensure that we have taken appropriate measures to mitigate them,” said Steve Hevern CVE, General Manager of Qudos Band Arena. “We congratulate Wayne and Ungerboeck on this global partnership and look forward to more innovative technology that will help us continue to host safe and successful events.” 

Middleton will continue in his role as Managing Director of Reliance Risk, and as a risk management consultant, setting the benchmark for best practices across the industry.

“We’ll build on the unique system that Wayne, a world-renowned risk management expert, has developed over the past decade,” Mackenzie said. “This is incredibly exciting for the market to finally have access to a dedicated risk management software.” 

About Ungerboeck

Ungerboeck provides industry-leading event and venue management software to over 50,000 users in more than 50 countries, empowering the people that bring people together. Its comprehensive platform offers event professionals powerful Software as a Service (SaaS) technology that provides a 360-view of their business, allowing them to cut costs, save time, and increase revenue. Founded in 1985, Ungerboeck is headquartered in the United States, with regional presence in Germany, France, Mexico, England, Australia, Mainland China, Hong Kong, and Singapore. ungerboeck.com

About Reliance Risk

Reliance Risk is a risk management consultancy established to provide quality risk management and safety support. We offer services across the risk spectrum with expertise in health and safety, business risk, business continuity and resilience, security, and emergency management. Many of our consultants have international risk management experience working across a range of industry sectors and we draw upon our network of technical experts to provide the right solution for client needs.


        
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Ask SAM: Are there any shredding events coming up?

Ask SAM: Are there any shredding events coming up?

Mount Tabor United Methodist Church, 3543 Robinhood Road, Winston Salem, will have a shredding event from 9 a.m. to noon April 23. They will accept monetary donations to benefit food programs serving children in Forsyth County and other missions of the United Methodist Women. Make checks payable to Mt. Tabor UMC-Circle 5. For more information, call the church 336-765-5561 or go to www.mttaborumc.org.

New Philadelphia Moravian Church, 4440 Country Club Road, Winston-Salem, will have a document shred from 9 a.m. to noon April 23. The cost is $5 per box. Enter from Kilpatrick Street. They will unload. You do not have to get out of your vehicle. The shredding is sponsored by the Advent Class. Proceeds will benefit outreach ministries of the Moravian Church. For more information, call 336-972-0494 or visit www.newphilly.org.

Fries Memorial Moravian Church, 251 N. Hawthorne Road, Winston Salem, will have a community shred day from 9 a.m. to noon April 30. Shamrock Shredding will be shredding documents on-site in the church parking lot. Donations of $5 per file box or bag are requested. Paper only, no plastic or non-paper trash will be accepted. Proceeds will benefit local youth and family ministries.

Hopewell Moravian Church will have two shredding events at the Griffith Volunteer Fire Department, 5190 Peters Creek Parkway, Winston-Salem. The first will be 10 a.m. to 1 p.m. April 30. The second will be 10 a.m. to 1 p.m. June 25. A $5 per bag or box donation is suggested.