Asia Pacific Event Management Software Market By Component (Software (Without Services) and Services), By Organization Size (Large Enterprises and Small & Medium Enterprises), By Deployment Type (On premises and Cloud), By Vertical (Event Organizers & Planners, Corporate, Government, Education and Others), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Asia Pacific Event Management Software Market would witness market growth of 13.4% CAGR during the forecast period (2020-2026). Event management software becomes extremely useful for event organizers, as a majority of the media & entertainment events are consistently involved in the high capital solutions like analytic tools.
As there is high outsourcing of event planning to third-party planners, these extra features become a significant factor in encouraging the customer to adopt various event management software products in the present market situation.
Events or functions become a necessary and beneficial mode of communication between companies and their clients. Events are regularly being conducted by different companies, governments, universities, agencies, public/private associations, and other hospitality sectors. Well-organized planning & execution of the different tasks of the event are essential for the success of these events. These aspects include venue sourcing, session management, event registration, venue sourcing, event marketing, on-site technology (mobile apps, speaker management, and others), among several other aspects. This event planning needs a high-level of preparation, pre-booking of venue & hotels or rooms, marketing, and has to maintain a record in the form of paperwork. Therefore, it’s a difficult and time-consuming task to manage all these tasks in an independent manner.
Countries like India, China, Australia, and Japan are anticipated to encourage the growth of the event management software market in the region. SMEs in APAC region are increasingly adopting the cloud deployment type with an aim to expand their productivity. APAC is anticipated to witness the highest growth rate in the event management software market, because of the high competition between companies and organizations expanding their businesses in the region.
The China market dominated the Asia Pacific Small & Medium Enterprises Event Management Software Market by Country 2019, growing at a CAGR of 13.1 % during the forecast period. The Japan market is exhibiting a CAGR of 14.6% during (2020 - 2026). Additionally, The India market is anticipated to grow at a CAGR of 16% during (2020 - 2026).
The On premises market dominated the Malaysia Event Management Software Market by Deployment Type 2019, thereby, achieving a market value of $62.8 million by 2026. The Cloud market is expected to witness a CAGR of 18.5% during (2020 - 2026).
Based on Component, the market is segmented into Software (Without Services) and Services. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into On premises and Cloud. Based on Vertical, the market is segmented into Event Organizers & Planners, Corporate, Government, Education and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include New Work SE (Xing Event), Active Network, LLC (Global Payments, Inc.), Eventbrite, Inc., Ungerboeck Software International, Inc., Bizzabo Limited, RainFocus, LLC, KitApps, Inc. (Attendify), Aventri, Inc., Cvent, Inc., and EventMobi (5Touch Solutions, Inc.)
Scope of the Study
Market Segments Covered in the Report:
- Software (Without Services)
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Deployment Type
- On premises
- Event Organizers & Planners
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- New Work SE (Xing Event)
- Active Network, LLC (Global Payments, Inc.)
- Eventbrite, Inc.
- Ungerboeck Software International, Inc.
- Bizzabo Limited
- RainFocus, LLC
- KitApps, Inc. (Attendify)
- Aventri, Inc.
- Cvent, Inc.
- EventMobi (5Touch Solutions, Inc.)
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