The growing digitization is increasing the demand for event management software, facilitating the planning of arrangements for occasions, parties, and weddings among event planners. Western Europe's event management software industry is projected to attain a valuation of USD 2,173.3 million in 2024, with expectations to reach up to USD 4,380.5 million by 2034. The industry in Western Europe is estimated to register a CAGR of 7.3% during the forecast period.
The escalating popularity of video games, sports events, and entertainment is driving consumer demand for event management software. The rise of real-time, live-streaming, and well-planned events significantly contributes to the growth of Western Europe's event management software industry. The increasing prevalence of applications such as smartphones, laptops, and tablets is rapidly fostering the adoption of event management software in Western Europe.
Adoption Analysis of Event Management Software in Western Europe
Changing lifestyles, modernization, and new technologies are driving the increased adoption of event management software in Western Europe. Various businesses are embracing this software to plan and organize numerous meetings, events, and programs, leveraging the integration of artificial intelligence. These intelligent technologies, equipped with devices, are gaining immense popularity among end-users.
Event planners are effectively managing their upcoming events through significant investments in practical and innovative strategies within the Western Europe industry. Utilizing event management software, they meticulously monitor each moment, from the organization to security, ensuring the fulfillment of end-users' requirements through efficient operations. Key players are continually discovering new ideas to address challenges, and the coordination of people's arrangements is boosting the adoption of event management software in Western Europe.
| Attributes | Details |
|---|---|
| Industry Size of Western Europe in 2024 | USD 2,173.3 million |
| Expected Industry Size of Western Europe by 2034 | USD 4,380.5 million |
| Forecasted CAGR between 2024 to 2034 | 7.3% |
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Organizers are increasingly adopting event management software due to the rising consumer trends toward football matches, live events, etc. The growing prevalence of cloud platforms, the Internet of Things, and emerging advanced technologies is fueling the demand for event management software in Western Europe. A vast consumer base, rapidly increasing programs, and the growing trend of online meetings are accelerating the demand for event management software.
Key companies are organizing and hosting meetings with rapid wireless access to bolster the demand for event management software in Western Europe. Rising urbanization, data analytics, music concerts, and exhibitions are driving the adoption of this software among end users. The growing trends of hybrid events, online tickets, and hosting conferences are further boosting the demand for event management software in Western Europe's countries.
| Segment | Industry Share in 2024 |
|---|---|
| On-premises | 53.20% |
| Event Management Companies | 16.50% |
Based on deployment, on-premises solutions are likely to dominate Western Europe by securing a share of 53.20% in 2024. The increasing consumer demand for low-cost services, better infrastructure, and seamless networking is driving the adoption of on-premises deployment among a wide consumer base. Event managers find it easy to discover solutions to store their data with improved services, and these solutions are gaining immense popularity in Western Europe.
Based on end use, event management companies are estimated to secure a share of 16.50% in Western Europe in 2023. The increasing demand for numerous trade shows, events, exhibitions, parties, and weddings is prompting consumers to seek event management companies to arrange their programs smoothly and reliably.
Consumers prefer these event management companies to handle large-scale events with practical solutions, thereby contributing to the growth of the Western European industry. These companies record, analyze, and reduce costs through discount offers to meet consumers' requirements.
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| Countries | Forecast CAGR through 2034 |
|---|---|
| United Kingdom | 4.3% |
| Germany | 5.5% |
| France | 6.7% |
The United Kingdom is projected to record a CAGR of 4.3% in Western Europe during the forecast period. The vast consumer base, live shows, and music concerts are rapidly expanding the event management industry in the United Kingdom. Key companies are effectively managing their activities through real-time monitoring, and the surge in demand for event management software is attributed to advanced technical features.
The growing adoption of innovative and unique technologies, along with the integration of tools, represents significant boons for the United Kingdom industry in Western Europe.
Germany is estimated to exhibit a CAGR of 5.5% in Western Europe during the forecast period. New technologies, including artificial intelligence and the Internet of Things, along with expanding economies, drive the event management software industry in Germany. The growing competition, the entrance of new players, unique features, and advanced technologies are contributing to the increased demand for event management software in Germany. The rising trends of trade shows and online meetings are further surging the adoption of event management software for the development of smooth working systems.
France is anticipated to register a CAGR of 6.7% in the Western Europe event management software industry. The growing consumer awareness, increasing artwork, and fashion trends are driving the demand for event management software for exhibitions in France. The vast workforce, innovations, and festivals are gaining popularity in France, catering to end users' desires. Key players are innovating high-quality software to meet consumers' needs and boost sales in the French industry.
Key players play a significant role in the event management software industry in Western Europe. They adopt intelligent technologies such as artificial intelligence and data analytics through their ongoing research activities. These players invest widely to develop unique and cost-effective solutions to meet end users' needs. Key players employ various strategies to gain a valuable share in the Western Europe event management software market.
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| Attributes | Details |
|---|---|
| Estimated Industry Size in 2024 | USD 2,173.3 million |
| Projected Industry Valuation by 2034 | USD 4,380.5 million |
| Value-based CAGR 2024 to 2034 | 7.3% |
| Historical Analysis of Event Management Software in Western Europe | 2019 to 2023 |
| Demand Forecast for Event Management Software in Western Europe | 2024 to 2034 |
| Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing Event Management Software in Western Europe Insights on Global Players and their Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western Europe Providers |
| Key Countries Analyzed While Studying Opportunities in Event Management Software in Western Europe | United Kingdom, Germany, France, BENELUX, Sweden, Norway, Denmark, Italy, Spain |
| Key Companies Profiled | Cvent Inc.; InEvent, Inc.; Ungerboeck; Eventzilla; Certain, Inc.; Eventbrite; Arlo; XING Events; Eventsforce; Aventri Inc.; Hubilo Technologies Inc. |
The event management software industry in Western Europe is valued at USD 2,173.3 million in 2024.
The adoption of event management software in Western Europe is likely to surpass USD 4,380.5 million by 2034.
The demand for event management software in Western Europe is likely to rise at a CAGR of 7.3% from 2024 to 2034.
Companies of all sizes are enhance customer interactions, gather feedback, and improve overall customer satisfaction.
The United Kingdom witnesses rapid rise in demand for event management software in Western Europe demand.
1. Executive Summary 2. Market Overview 3. Market Background 4. Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034 5. Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Deployment 5.1. Cloud 5.2. On-premise 6. Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Enterprise Size 6.1. Small & Medium Enterprises (SMEs) 6.2. Large Enterprises 7. Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By End User 7.1. Event Management Companies 7.2. Travel & Hospitality Companies 7.3. Corporates 7.4. Government 7.5. Academic Institution 7.6. Others 8. Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Country 8.1. UK 8.2. Germany 8.3. Italy 8.4. France 8.5. Spain 8.6. Rest of Western Europe 9. UK Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region 10. Germany Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region 11. Italy Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region 12. France Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region 13. Spain Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region 14. Rest of Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034 15. Market Structure Analysis 16. Competition Analysis 16.1. Cvent Inc. 16.2. InEvent, Inc. 16.3. Ungerboeck 16.4. Eventzilla 16.5. Certain, Inc. 16.6. Eventbrite 16.7. Arlo 16.8. XING Events 16.9. Eventsforce 16.10. Aventri Inc. 16.11. Hubilo Technologies Inc. 17. Assumptions & Acronyms Used 18. Research Methodology
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Event Management Software Industry Analysis in Western Europe
