Product Code: A107130
According to a new report published by Allied Market Research, titled, "Event Marketing Service Market," The event marketing service market was valued at $447.7 billion in 2022, and is estimated to reach $972 billion by 2032, growing at a CAGR of 7.2% from 2023 to 2032.
Event marketing services help to advertise the event to increase its visibility & attendance. For this purpose, marketing initiatives must be developed and put into action using a variety of channels, including social media, email marketing, content development, advertising, public relations, and the use of influencers or media partnerships. Event marketing services use techniques to include participants before, during, and after the event to provide a memorable and participatory experience. Gamification, interactive seminars, networking possibilities, real-time polling, surveys, and follow-ups after events are some instances of such marketing services tactics.
The market is analyzed on the basis of service, event type, end user, and region. By service, it is divided into event planning & management, event promotion & publicity, event sponsorship & partnerships, and others. As per event type, it is segmented into trade shows, product launches, exhibitions & conferences, promotional events, and others. Depending on end user, it is classified into corporate, trade associations, educational institutions, entertainment, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (France, Germany, Italy, Spain, the UK, and rest of Europe), Asia-Pacific (China, Japan, India, Singapore, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, United Arab Emirates, and rest of LAMEA).
Businesses must take ROI into account when allocating marketing budgets. The indicators for measuring the success of events, such as attendee engagement, lead generation, sales conversions, and brand exposure, are provided by event marketing services which help in increasing ROI during a particular period of time. Demand for event marketing services is driven by the ability to track event performance and provide ROI.
Delivering targeted event experiences depends heavily on event marketing services that offer sector-specific expertise and target niche markets. Industry knowledge and the need for customized strategies are what is driving demand for industry-focused event marketing services.
Sustainability and eco-friendly methods at events are becoming more important to clients & attendees. Event marketing service providers must modify their operations to include sustainable event management strategies into practice as well as locating eco-friendly suppliers. On the other hand, in the event marketing services market, establishing and preserving solid customer connections is crucial. Thus, managing client expectations, fulfilling particular event needs, and guaranteeing client satisfaction can be difficult. But this can be achieved through implementation of relevant strategies. Thus, effective client relationship management is a necessary step for service providers if they want to keep their current customers and attract new ones.
Further, collaboration with industry leaders & influencers raises the profile and legitimacy of events. To promote events, boost attendance, & amplify brand messaging, influencers along with event marketing service providers help customers & form connections. Moreover, it improves the quality & value of events to include thought leaders and subject matter experts as speakers or panels. Events are a key component of integrated marketing campaigns, and service providers for event marketing promote themselves as partners in delivering comprehensive marketing plans. Service providers maximize the impact of events by integrating digital marketing, content marketing, social media, and traditional advertising into event experiences to match them with larger marketing campaigns.
Professionals with the necessary skills, such as event planners, marketers, designers, technologists, and project managers, are in high demand in the event marketing sector. The competitive nature of the market, strong demand for event marketing services, and requirement for specialized knowledge make it difficult to attract & keep top clients and customers. The quantity & quality of services offered are impacted by skilled labor shortages. To remain competitive and meet customer expectations, event marketing service companies must consistently make investments in technology. However, implementing new technology is expensive and requires numerous resources. Thus, some service providers find it difficult to keep up with the quickly changing technologies in the market.
The major players operating in the global event marketing service market are Bassett Events, Cvent, CWT Meetings & Events, Freeman, Hello Destination Management, Jack Morton Worldwide, Maritz Global Events, Planit Inc., PRA Business Events, and Viva Creative. One such firm, Encore Event Technologies, specializing in event production and technology solutions, was bought by Freeman, a top global provider of event management services in 2019. With the help of this acquisition, Freeman was better equipped to provide audiovisual services, event technology, & staging, expanding its menu of event solutions. In addition, Social Tables was bought by Cvent, a well-known provider of event management technology, in 2018. The software for event seating, diagramming, and check-in was introduced by Social Tables. Through the acquisition, Cvent was able to improve its event planning and diagramming abilities, giving customers a seamless end-to-end event management solution.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the event marketing service market analysis from 2022 to 2032 to identify the prevailing event marketing service market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the event marketing service market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global event marketing service market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 20% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline talk to the sales executive to know more)
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
Key Market Segments
By Service
- Event Planning and Management
- Event Promotion and Publicity
- Event Sponsorship and Partnerships
- Others
By Event Type
- Trade Shows
- Product Launches
- Exhibitions and Conferences
- Promotional Events
- Others
By End User
- Corporate
- Trade Associations
- Educational Institutions
- Entertainment
- Others
By Region
- North America
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Singapore
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of LAMEA
Key Market Players:
- Planit Inc.
- Jack Morton Worldwide Inc.
- CWT Global B.V.
- The Freeman Company, LLC
- Hello Destination Management, LLC
- VIVA Creative
- PRA Events, Inc.
- Maritz Holdings LLC
- Cvent Holding Corp.
- Bassett Events
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. Moderate threat of substitutes
- 3.3.4. Moderate intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Growth in the importance of experiential marketing
- 3.4.1.2. Increase in demand for live events
- 3.4.1.3. Digital transformation and technological advancements
- 3.4.2. Restraints
- 3.4.2.1. Budget constraints
- 3.4.2.2. Uncertainty and risk related to services
- 3.4.3. Opportunities
- 3.4.3.1. Personalized event experiences
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: EVENT MARKETING SERVICE MARKET, BY SERVICE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Event Planning and Management
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Event Promotion and Publicity
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Event Sponsorship and Partnerships
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
CHAPTER 5: EVENT MARKETING SERVICE MARKET, BY EVENT TYPE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Trade Shows
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Product Launches
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Exhibitions and Conferences
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Promotional Events
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
CHAPTER 6: EVENT MARKETING SERVICE MARKET, BY END USER
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Corporate
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Trade Associations
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Educational Institutions
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Entertainment
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
- 6.6. Others
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country
CHAPTER 7: EVENT MARKETING SERVICE MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Service
- 7.2.3. Market size and forecast, by Event Type
- 7.2.4. Market size and forecast, by End User
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Service
- 7.2.5.1.2. Market size and forecast, by Event Type
- 7.2.5.1.3. Market size and forecast, by End User
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Service
- 7.2.5.2.2. Market size and forecast, by Event Type
- 7.2.5.2.3. Market size and forecast, by End User
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Service
- 7.2.5.3.2. Market size and forecast, by Event Type
- 7.2.5.3.3. Market size and forecast, by End User
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Service
- 7.3.3. Market size and forecast, by Event Type
- 7.3.4. Market size and forecast, by End User
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. France
- 7.3.5.1.1. Market size and forecast, by Service
- 7.3.5.1.2. Market size and forecast, by Event Type
- 7.3.5.1.3. Market size and forecast, by End User
- 7.3.5.2. Germany
- 7.3.5.2.1. Market size and forecast, by Service
- 7.3.5.2.2. Market size and forecast, by Event Type
- 7.3.5.2.3. Market size and forecast, by End User
- 7.3.5.3. Italy
- 7.3.5.3.1. Market size and forecast, by Service
- 7.3.5.3.2. Market size and forecast, by Event Type
- 7.3.5.3.3. Market size and forecast, by End User
- 7.3.5.4. Spain
- 7.3.5.4.1. Market size and forecast, by Service
- 7.3.5.4.2. Market size and forecast, by Event Type
- 7.3.5.4.3. Market size and forecast, by End User
- 7.3.5.5. UK
- 7.3.5.5.1. Market size and forecast, by Service
- 7.3.5.5.2. Market size and forecast, by Event Type
- 7.3.5.5.3. Market size and forecast, by End User
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Market size and forecast, by Service
- 7.3.5.6.2. Market size and forecast, by Event Type
- 7.3.5.6.3. Market size and forecast, by End User
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Service
- 7.4.3. Market size and forecast, by Event Type
- 7.4.4. Market size and forecast, by End User
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Service
- 7.4.5.1.2. Market size and forecast, by Event Type
- 7.4.5.1.3. Market size and forecast, by End User
- 7.4.5.2. Japan
- 7.4.5.2.1. Market size and forecast, by Service
- 7.4.5.2.2. Market size and forecast, by Event Type
- 7.4.5.2.3. Market size and forecast, by End User
- 7.4.5.3. India
- 7.4.5.3.1. Market size and forecast, by Service
- 7.4.5.3.2. Market size and forecast, by Event Type
- 7.4.5.3.3. Market size and forecast, by End User
- 7.4.5.4. Singapore
- 7.4.5.4.1. Market size and forecast, by Service
- 7.4.5.4.2. Market size and forecast, by Event Type
- 7.4.5.4.3. Market size and forecast, by End User
- 7.4.5.5. Australia
- 7.4.5.5.1. Market size and forecast, by Service
- 7.4.5.5.2. Market size and forecast, by Event Type
- 7.4.5.5.3. Market size and forecast, by End User
- 7.4.5.6. Rest of Asia-Pacific
- 7.4.5.6.1. Market size and forecast, by Service
- 7.4.5.6.2. Market size and forecast, by Event Type
- 7.4.5.6.3. Market size and forecast, by End User
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Service
- 7.5.3. Market size and forecast, by Event Type
- 7.5.4. Market size and forecast, by End User
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Brazil
- 7.5.5.1.1. Market size and forecast, by Service
- 7.5.5.1.2. Market size and forecast, by Event Type
- 7.5.5.1.3. Market size and forecast, by End User
- 7.5.5.2. South Africa
- 7.5.5.2.1. Market size and forecast, by Service
- 7.5.5.2.2. Market size and forecast, by Event Type
- 7.5.5.2.3. Market size and forecast, by End User
- 7.5.5.3. Saudi Arabia
- 7.5.5.3.1. Market size and forecast, by Service
- 7.5.5.3.2. Market size and forecast, by Event Type
- 7.5.5.3.3. Market size and forecast, by End User
- 7.5.5.4. United Arab Emirates
- 7.5.5.4.1. Market size and forecast, by Service
- 7.5.5.4.2. Market size and forecast, by Event Type
- 7.5.5.4.3. Market size and forecast, by End User
- 7.5.5.5. Rest of LAMEA
- 7.5.5.5.1. Market size and forecast, by Service
- 7.5.5.5.2. Market size and forecast, by Event Type
- 7.5.5.5.3. Market size and forecast, by End User
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. Bassett Events
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.2. Hello Destination Management, LLC
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.3. Jack Morton Worldwide Inc.
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Key strategic moves and developments
- 9.4. Planit Inc.
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.5. PRA Events, Inc.
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Key strategic moves and developments
- 9.6. VIVA Creative
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.7. Maritz Holdings LLC
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Key strategic moves and developments
- 9.8. Cvent Holding Corp.
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
- 9.9. CWT Global B.V.
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.10. The Freeman Company, LLC
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio