Event Management Software Market (EMS) to Grow at 8.42% CAGR Driven by Growing Online Education Programs Popularity to 2020
PUNE, India, May 3, 2016 /PRNewswire/ --
One of the major trends in event management software market is growing popularity of online education programs. Education holds the majority share of EMS. Educational institutions and organizations are increasing using EMS to organize events such as alumni reunions and concerts to attract more students to the school. The analysts forecast global event management software market to grow at a CAGR of 8.42% during the period 2016-2020.
Complete report on event management software market spread across 54 pages, analyzing 4 major companies and providing 20 data exhibits is now available at http://www.reportsnreports.com/reports/533976-global-event-management-software-market-2016-2020.html.
One of the major drivers for event management software market is the increased number of corporate events. Product launch events are increasingly being used to introduce new products into the market. NGOs also conduct awareness programs by organizing events that promote a cause and help to raise funds. International sports events are also increasingly adopting EMS to track their events, which enable clear visibility of cash inflow.
According to this market research, the primary end user of the EMS is the individual users segment. An increase in the number of social events such as weddings, reunions, graduations, birthday celebrations, and other hospitality events will result in the strong growth of this market segment. Since individual users make substantial investments in events, they have high expectations for the outcome.
The Americas was the largest geography for the event management software market as it accounted for a market share of more than 60% during 2015. Since end users in the US were early adopters of this technology, they will be the largest users of EMS during the forecast period. Also, an increase in the number of conferences and meetings will lead to the steady growth of this market in the Americas until the end of the forecast period.
The global event management software market is competitive due to the presence of several large multinational vendors. In this market study, the analysts have considered vendors based on their capabilities and product features, platforms, and price.
Key players in the global event management software market: Cvent, etouches, Eventbrite, and Lanyon. Other prominent vendors in the market are: Bizzabo, Certain, Dean Evans & Associates - EMS Software, The Pulse Network, and Ungerboeck Software. Order a copy of Global Event Management Software Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=533976.
Further, the event management software market report states that although organizations strive to achieve efficiency while deploying event management solutions, there is a lack of understanding among managers about the cash flow in handling and managing an event.
Another related report is Global Event Management as a Service Market 2015-2019, which forecasts the worldwide Event Management as a Service market to grow at a CAGR of 23.45% over the period 2014-2019. This report covers the present scenario and the growth prospects of the Global Event Management as a Service market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the subscription of event management software and its maintenance.
Key players in the global event management as a service market: ACTIVE Network LLC, Cvent Inc., etouches Inc. and Eventbrite Inc. Other prominent vendors in the market are: Pulse Network, Ungerboeck Software, Certain, Dean Evans and Associates, EventPro (Profit Systems), Eventzilla, Lyyti, Member Solutions, PlanetReg, Regpack, RegPoint Solutions, ReServe Interactive, SignUp4 and Xing Events. Browse complete report @ http://www.reportsnreports.com/reports/351725-global-event-management-as-a-service-market-2015-2019.html.
Explore other new reports on IT & Telecommunication Market @ http://www.reportsnreports.com/market-research/information-technology/.
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