Product Code: PM2888
The global event services market size is expected to reach USD 968.20 billion by 2030, according to a new study by Polaris Market Research. The report "Event Services Market Share, Size, Trends, Industry Analysis Report, By Component (Software and Solution); By Deployment Type; By Organization Size; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into the current market dynamics and provides analysis on future market growth.
Rapid growth in the number of events of various types, increasing consumer disposable income, and the high purchasing power of consumers coupled with the rising popularity of virtual events are major factors expected to drive market growth. Development of small and large size corporate and personal events across the globe such as ceremonies, conferences, festivals, formal parties, and weddings, forcing service providers to introduce new and more innovative services and coordinate with technical aspects of the events are further likely to be one of the major driving factors in the forecasted period.
Furthermore, increasing focus on research & development activities by key market companies and their shift towards a few business developing strategies including mergers, acquisitions, and collaborations are estimated to create lucrative growth opportunities over the course of the forecast period. For instance, in December 2021, Cvent merged with Dragonner Growth Opportunities Corporation II. With this merger, Cvent get USD 801 million, which would enable the company to accelerate its product innovation, increase R&D, and expand its market share.
In the last few years, the trend of organizing events or parties on any type of special occasions like weddings, birthdays, conferences, and inaugurations has been on the rise, which has substantially increased the demand for event services and is likely to impact the global market positively over the coming years. Nowadays, event service companies have started coupling with concierge services for the expansion of their market reach and to strengthen their market position.
Event Services Market Report Highlights
Service segment is expected to register the fastest growth rate over the forecast period due to several types of professional services offered by vendors globally which help business in mitigating security gaps and makes them highly strong to ensure the effective implementation of event services
Cloud segment accounted for over significant market revenue share in 2021 and is likely to continue its position during the projected period owing to its capabilities to allow businesses and organizations to run multiple campaigns at the same time from many different locations
Large enterprises segment held a significant market share in 2021 due to the large corporate network and availability of several revenue streams along with their capabilities to integrate with the latest and innovative technologies and help them to connect with their investors and colleagues
North America dominated the event services market in 2021 with a significant holding of market share on account of the numerous public events organizing including sports, film festivals, product launches, and marathons, and the growing need for efficient event services by consumers in the region
The global players include Access Destination Services, BCD Group, Seven Events, Penguins Ltd., and Clarion Events
Polaris Market Research has segmented the event services market report based on component, deployment type, organization size, and region:
Event Services, Component Outlook (Revenue - USD Billion, 2018 - 2030)
Software
Service
Event Services, Deployment Type Outlook (Revenue - USD Billion, 2018 - 2030)
On-premises
Cloud
Event Services, Organization Size Outlook (Revenue - USD Billion, 2018 - 2030)
Small & Medium Enterprise
Large Enterprise
Event Services, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Event Services Market Insights
- 4.1. Event Services - Industry Snapshot
- 4.2. Event Services Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising development in online registration processes
- 4.2.1.2. Growing popularity and prevalence of virtual events
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Lack of awareness regarding available advanced event services
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Event Services Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Event Services Market, by Component
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 5.3. Software
- 5.3.1. Global Event Services Market, by Software, by Region, 2018 - 2030 (USD Billion)
- 5.4. Service
- 5.4.1. Global Event Services Market, by Service, by Region, 2018 - 2030 (USD Billion)
6. Global Event Services Market, by Deployment Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 6.3. On-premises
- 6.3.1. Global Event Services Market, by On-premises, by Region, 2018 - 2030 (USD Billion)
- 6.4. Cloud
- 6.4.1. Global Event Services Market, by Cloud, by Region, 2018 - 2030 (USD Billion)
7. Global Event Services Market, by Organization Size
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 7.3. Small & Medium Enterprise
- 7.3.1. Global Event Services Market, by Small & Medium Enterprise, by Region, 2018 - 2030 (USD Billion)
- 7.4. Large Enterprise
- 7.4.1. Global Event Services Market, by Large Enterprise, by Region, 2018 - 2030 (USD Billion)
8. Global Event Services Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Event Services Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 8.3. Event Services Market - North America
- 8.3.1. North America: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.3.2. North America: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.3.3. North America: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.3.4. Event Services Market - U.S.
- 8.3.4.1. U.S.: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.3.4.2. U.S.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.3.4.3. U.S.: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.3.5. Event Services Market - Canada
- 8.3.5.1. Canada: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.3.5.2. Canada.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.3.5.3. Canada: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.4. Event Services Market - Europe
- 8.4.1. Europe: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.4.2. Europe.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.4.3. Europe: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.4.4. Event Services Market - UK
- 8.4.4.1. UK: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.4.4.2. UK.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.4.4.3. UK: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.4.5. Event Services Market - France
- 8.4.5.1. France: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.4.5.2. France.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.4.5.3. France: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.4.6. Event Services Market - Germany
- 8.4.6.1. Germany: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.4.6.2. Germany.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.4.6.3. Germany: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.4.7. Event Services Market - Italy
- 8.4.7.1. Italy: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.4.7.2. Italy.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.4.7.3. Italy: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.4.8. Event Services Market - Spain
- 8.4.8.1. Spain: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.4.8.2. Spain.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.4.8.3. Spain: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.4.9. Event Services Market - Netherlands
- 8.4.9.1. Netherlands: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.4.9.2. Netherlands.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.4.9.3. Netherlands: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.4.10. Event Services Market - Russia
- 8.4.10.1. Russia: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.4.10.2. Russia.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.4.10.3. Russia: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.5. Event Services Market - Asia Pacific
- 8.5.1. Asia Pacific: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.5.2. Asia Pacific.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.5.3. Asia Pacific: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.5.4. Event Services Market - China
- 8.5.4.1. China: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.5.4.2. China.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.5.4.3. China: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.5.5. Event Services Market - India
- 8.5.5.1. India: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.5.5.2. India.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.5.5.3. India: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.5.6. Event Services Market - Malaysia
- 8.5.6.1. Malaysia: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.5.6.2. Malaysia.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.5.6.3. Malaysia: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.5.7. Event Services Market - Japan
- 8.5.7.1. Japan: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.5.7.2. Japan.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.5.7.3. Japan: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.5.8. Event Services Market - Indonesia
- 8.5.8.1. Indonesia: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.5.8.2. Indonesia.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.5.8.3. Indonesia: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.5.9. Event Services Market - South Korea
- 8.5.9.1. South Korea: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.5.9.2. South Korea.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.5.9.3. South Korea: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.6. Event Services Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.6.2. Middle East & Africa.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.6.3. Middle East & Africa: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.6.4. Event Services Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.6.4.3. Saudi Arabia: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.6.5. Event Services Market - UAE
- 8.6.5.1. UAE: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.6.5.2. UAE.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.6.5.3. UAE: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.6.6. Event Services Market - Israel
- 8.6.6.1. Israel: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.6.6.2. Israel.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.6.6.3. Israel: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.6.7. Event Services Market - South Africa
- 8.6.7.1. South Africa: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.6.7.2. South Africa.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.6.7.3. South Africa: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.7. Event Services Market - Latin America
- 8.7.1. Latin America: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.7.2. Latin America.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.7.3. Latin America: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.7.4. Event Services Market - Mexico
- 8.7.4.1. Mexico: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.7.4.2. Mexico.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.7.4.3. Mexico: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.7.5. Event Services Market - Brazil
- 8.7.5.1. Brazil: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.7.5.2. Brazil.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.7.5.3. Brazil: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
- 8.7.6. Event Services Market - Argentina
- 8.7.6.1. Argentina: Event Services Market, by Component, 2018 - 2030 (USD Billion)
- 8.7.6.2. Argentina.: Event Services Market, by Organization Size, 2018 - 2030 (USD Billion)
- 8.7.6.3. Argentina: Event Services Market, by Deployment Type, 2018 - 2030 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Basset Events
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Access Destination Services
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. BCD Group
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. ATPI
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. FX Group
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Martin Audio
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. International Security Agency
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Intelligent Protection International
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Wonderland
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Seven Events
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Clarion Events
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. CL Events
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Riviera Events
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Penguins
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Capita PLC
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development