Published on : May 19, 2016
ALBANY, New York, May 19, 2016: A new market research report, titled “Global Event Management Software Market 2016-2020,” featured on ResearchMoz.us, analyzes the market by stating its current value, size, and market performance and statistics. The report is an in-depth study of the key dynamics of the global event management software market. According to the report, global investments in event management software are expected to expand at a CAGR of 8.42% during the period from 2016 to 2020 due to growing trend of organizing corporate events.
The report comprises findings such as the challenges involved in the event management software market and the opportunities and future growth prospects, which will be beneficial for an interested reader or an enterprise wishing to invest in the market. The report highlights the current trends that will impact the event management software market in the future. The buying criteria of event management software such as security, affordability, transparency, and usability have been discussed.
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Event management software (EMS) is used for the management of professional conferences, exhibitions, shows, and academic conferences. An event management software enables online registration, venue selection, venue procurement, online payment, paper management, exhibition management, content management, sourcing, and booking and billing. The software helps in maintaining the quality of an event and offers complete visibility of the financial operational management of an event.
The global event management software market is boosted by the rising number of events being held across the globe. The trend of increased corporate events is benefitting the market. The use of social networking sites is expected to drive the event management software market. The convenience and affordability that event management software offers are also expected to boost the adoption of EMS worldwide.
The challenges faced by the market include uncertainty over ROI and lower demand from APAC countries. Compliance with regulations is also a challenge faced by the market. Furthermore, difficulties in choosing the right vendor will restrain the market. However, the growing popularity of EMS in education programs and the rising demand for cloud-based EMS systems are some of the trends that will impact the market positively. The availability of mobile apps and the growing demand for trade shows will also aid the global event management software market to grow significantly.
The report segments the global event management software market on the basis of geography into Asia Pacific, Americas, and Europe, the Middle East, and Africa (EMEA). Key operators in the global event management software market that have been profiled in the report include: Cvent, etouches, Eventbrite, Lanyon, Bizzabo, Certain, Dean Evans & Associates - EMS Software, The Pulse Network, and Ungerboeck Software.
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