Event management software market forecast to witness phenomenal growth opportunities by 2024

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Event Management Software Market Global
Industry Analysis Report, Share, Growth, Price
Trends and Forecast, 2017 2024 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Application Analysis of Event Management Software
Market

• Event Management Software Market is driven by the
  need to plan an event in a fast and efficient
  manner. The key metrics for a successful event
  for event organizers include satisfaction of
  attendees and revenue generation. Event
  management software is a business solution that
  is concerned with various steps of event
  organization, which comprises event planning to
  post-event steps. Some applications emphasize on
  specific event organization processes, which
  consist of ticketing, registration, schedulers,
  surveys, analytics, and floor planning. Some
  solutions, which are end-to-end systems also
  provide tools for the complete event lifecycle.
  The management software is used in the management
  of academic and professional conferences,
  meetings and conventions, and trade exhibitions.
• Enterprises have now understood the importance of
  events and launches, improving the market for the
  event management software. It helps companies in
  developing, promoting, and managing the event.
  This enables branding of the event with
  encouragement to discussions and monitoring every
  aspect of the event. The final decision about the
  event and the supervision with the help of
  analytics ensures that customer feedback is
  available to make promotion strategies for future
  events.

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• Furthermore, the software gives flexibility to
  customize and build a brand for the event by
  designing applications and websites as per need.
  The event management software caters to various
  event planning tasks, which can be managed from a
  single platform, reducing cost operations and
  time. Event management software includes a set of
  features comprising a dashboard for planning
  networking platform, event website, and event
  analytics.
• Some of the widely used applications of the event
  management software include the creation of
  customized websites for the event, venue
  selection, RFPs, sourcing and procurement, live
  slide sharing, second screen tool for QA and
  live polls, audience response solutions,
  exhibition management, delegate management, and
  online registration with online payment and
  on-site operations comprising badges,
  registration, and networking.

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• However, critical drawbacks of the software are
  complexity, cost ineffectiveness, integration
  problems, lack of support, and overlapping
  functionalities. The software needs to be
  simplistic for the user, which enables the
  software to be utilized as per the desired
  workflows. The software needs to be flexible to
  integrate with other business systems to avoid
  experiencing incapability to generate insights.
  The software needs to be updated to check
  end-to-end event solutions and work efficiently
  and cover full-event stages.

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Regional Analysis of Event Management Software
Market

• The event management software market is growing
  in geographical regions of APAC and the MEA due
  to an increase in the musical events and stand-up
  comedies. Americas hold the majority of the
  market owing to the rise in corporate and
  commercial events.
• Europe is expected to have a moderate growth due
  to events taking place in Western Europe,
  especially stand-up comedy shows and launches of
  new products by the telecom industry. China and
  India are likely to be the beneficiaries of this
  software owing to changing lifestyles and the
  focus on business outlook by enterprises.

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Competitive Market Share of Event Management
Software Market

• AR
• Drones
• Beacons
• wearable devices
• Some of the players present in the event
  management software market are Eventbrite, Ticket
  Tailor, Eventzilla, Cvent, XING Events, Voxvote,
  123Contact Form, Acuity Scheduling, and
  Livestorm. The majority of the market is taken
  care by pure players, trying to customize their
  solutions according to the customer demand and
  improving their brand value.

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