Corporate Event Market Drivers:
Strong economic growth and liberal decisions - One of the primary elements driving the expansion of the corporate event market is strong economic growth. Furthermore, the recent rapid rise of the business travel sector has positioned the world to host more corporate gatherings. The expansion of the corporate event sector is fueled by government measures to attract private investment and foreign direct investment (FDI). Furthermore, measures to enhance the corporate event segment have increased the frequency of business travel around the world, augmenting the growth of the corporate event industry.
Advancements in technology - Increased infrastructure investment and technological advancements, such as projection mapping, which creates an augmented reality of experience using projectors, and branded multi-use apps that are used to buy tickets, survey attendees, and poll crowds in real time, are helping to drive market growth. These variables are expected to provide significant chances for corporate event participants.
Corporate Event Market Report Overview:
Maximize Market Research has issued papers to help clients understand the landscape of the Corporate Event Market in which they compete. The research provides market insights to help clients understand future demand for their product and the Artichokes’s competitiveness. The Artichokes market overview provides detailed information on the market’s size, trade data, key players, and several market metrics such as life cycle, trends, and so on.
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Corporate Event Market Growth:
Corporate Event Market was valued at US$ 5.98 Bn in 2022 and is expected to reach US$ 18.29 Bn by 2029, at a CAGR of 17.3% during the forecast period.
Corporate Event Market Regional Insights:
The report is segmented into several key countries, with market size, growth rate, import and export of EV Connectors market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Corporate Event Market Segmentations:
by Type
Conference/ Seminars
Exhibitions
Incentive Programs
Company Meetings
Others
by Platform
Offline
Online
By Platform, the Corporate Event Market is segmented as Offline and Online. Corporate events can be done on both platforms, online and offline. Online dominates the Corporate Event Market with the market share of 54% in 2022 as due to Covid-19, the offices were closed and most meetings were happening online and in 2022, the lockdowns were relaxed all over the world, the offline corporate events started to happen again but not on full scale. Employees and companies still want to work online as it is cost and money saving so it is expected that online platform might grow at a higher pace and hold more market share. Offline has the market share of 46% in 2022 as it is a traditional way to do events and are still in demand as the communication here can be better and some times it’s more fun than an online event like an expo or trade shows.
By Type, the Corporate Event Market is segmented as Conference/ Seminars, Exhibitions, Incentive Programs, Company meetings, others. Conference/ Seminars dominates the Corporate Event Market with the market share of 53.2% in 2022. This is due to an increase in meeting activity across a variety of industries, including information technology, banking and finance, food and beverage, real estate and infrastructure, and automotive majorly for training and motivational purposes. Exhibitions are very important corporate events for any product launch and exhibitions of new projects coming up resulting in market share of 15% in 2022 followed by Incentive Programs with the market share of 13% as these also happen in corporates as incentive are very important part of any employee’s life and is done boost their moral and is kind of a celebration for them. Company meetings have the market share of 8.5% in 2022 as these meetings has to be done properly on time to keep everyone on track and up what company is going through. Others involve company annual parties, events, etc. and has the market share of 10.3%
Table of Content: Corporate Event Market :
Part 01: Executive Summary
Part 02: Scope of the Corporate Event Market Report
Part 03: Corporate Event Market Landscape
Part 04: Corporate Event Market Sizing
Part 05: Corporate Event Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Corporate Event Market Key Players:
1. 360 destination group
2. Access destination services
3. BCD travel services B.V.
4. Bi worldwide
5. Cwt
6. Cievents
7. Creative group, inc.
8. ITA group
9. Maritz holdings inc.
10. Reed exhibitions ltd.
11. Google
12. Microsoft Teams
13. Zoom
14. Cisco Webex
Key questions answered in the Corporate Event Market are:
- What are the Corporate Event Market segments?
- Which Artichokes market segment is expected to grow rapidly during the forecast period?
- What is the expected CAGR of the Artichokes market during the forecast period?
- Who are the top players in the Artichokes industry?
- Which region is expected to grow at a high CAGR during the forecast period?
- Which region held the largest Artichokes market share in 2024?
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Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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