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Event Management Software Market size is set to grow by USD 2.77 billion from 2024-2028, Rising requirements for low total cost of ownership (TCO) to boost the market growth, Technavio

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NEW YORK, July 15, 2024 /PRNewswire/ — The global event management software market  size is estimated to grow by USD 2.77 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 8.21%  during the forecast period.  Rising requirements for low total cost of ownership (TCO) is driving market growth, with a trend towards emergence of chatbots. However, uncertainty regarding return on investment  poses a challenge. Key market players include 5Touch Solution Inc., Arlo Software Ltd., Aventri Inc., Bizzabo, CadmiumCD LLC, Certain Inc., Cvent Holding Corp., Eventbrite Inc., EventGeek Inc., Eventzilla Corp., Fortive Corp., Global Payments Inc., Glue Up, Hubb, MIE Software Pty Ltd., New Work SE, RainFocus LLC, Ungerboeck, Whova Inc., and Zoho Corp. Pvt. Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Deployment (Cloud-based and On-premise), Component (Software and Services), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and Africa, and South America

Key companies profiled

5Touch Solution Inc., Arlo Software Ltd., Aventri Inc., Bizzabo, CadmiumCD LLC, Certain Inc., Cvent Holding Corp., Eventbrite Inc., EventGeek Inc., Eventzilla Corp., Fortive Corp., Global Payments Inc., Glue Up, Hubb, MIE Software Pty Ltd., New Work SE, RainFocus LLC, Ungerboeck, Whova Inc., and Zoho Corp. Pvt. Ltd.

Key Market Trends Fueling Growth

Event management organizations are increasingly leveraging AI-enabled chatbots to enhance attendee experience and streamline operations. These chatbots function as personal assistants, answering frequently asked questions, collecting feedback, and delivering customized notifications. They can inform attendees of schedule changes, speaker cancellations, and room switches in real-time. Chatbots offer a cost-effective, data-driven, and personalized communication solution, accessible through instant messaging services. Their popularity in events and conference environments is growing due to their app-like functions without the need for downloads. Organizers benefit from mass personalization and time and cost savings, making chatbots a valuable innovation in the event management industry. This trend is anticipated to fuel market growth during the forecast period. 

The Event Management Software market is seeing significant trends emerge in 2023. Event marketing surveys reveal a growing demand for actionable insights to enhance attendee experience. Higher price tags are attached to software with updated technologies and end-to-end functionality. Developing and less developed regions are investing in event management platforms for strategic partnerships. Containment measures have led to a surge in virtual events for athletics, marathons, film festivals, and private events. Mobile devices dominate event marketing, requiring software with real-time data analysis, social media integration, and gamification. SMEs prioritize digital infrastructure and internet penetration for effective data management. Tripleseat, General Atlantic, Billboard, and primary ticketing companies lead the market. Event managers seek software with event execution workflows, brand marketing, and data-handling attributes. Opinions and attendee behavior continue to shape the market, with technology remaining a key driver. 

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Market Challenges

•         Event management software and technologies are essential tools for companies hosting events related to their products or services. However, the high initial investment required for these solutions makes budgeting a crucial consideration. Before implementation, companies assess the event’s size and future goals to ensure a good fit with their workforce. For global adoption, compatibility with existing software applications is vital. Events are often viewed as cost centers, and calculating the return on investment is challenging. Low engagement and participant energy at corporate events can also hinder growth. Consequently, uncertainty regarding ROI may restrict the expansion of the global event management software market during the forecast period.

•         ai_dominating_segment_factor

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This event management software market report extensively covers market segmentation by

Deployment 1.1 Cloud-based1.2 On-premiseComponent 2.1 Software2.2 ServicesGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Cloud-based-  Event management requires effective time management for success. Cloud-based event management software addresses capacity issues with infinite data storage. Vendors offer SaaS pricing models, reducing operational and investment risks. The shift to cloud- deployment models provides cost-effective solutions. The extensive use of the Internet drives this trend, leading to market growth for cloud-based event management software. This growth is expected to continue during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Supply Chain Management (SCM) software market is experiencing robust growth, driven by the increasing need for efficient and streamlined operations in businesses. Innovations in AI, IoT, and data analytics are enhancing SCM capabilities, providing real-time insights, and improving decision-making. Key players are focusing on cloud-based solutions to offer flexibility and scalability, meeting the demands of a dynamic market.

The global output management software market is expanding rapidly due to the rising demand for efficient document management solutions. Businesses are adopting these tools to optimize workflow, reduce costs, and ensure compliance with regulatory standards. Advanced features like cloud integration, data security, and automation are key drivers, attracting diverse industries looking to enhance productivity and streamline operations.

Research Analysis

The Event Management Software (EMS) market is experiencing significant growth due to the increasing popularity of virtual events in the wake of the global pandemic. EMS solutions offer advanced data management capabilities, enabling real-time data analysis and social media integration for better audience engagement. Gamification features add an interactive element, making events more engaging for Small and Medium Enterprises (SMEs) and large-scale planners alike. The digital infrastructure required for virtual events relies heavily on technology and internet penetration, making EMS essential for event organizers and managers. Opinions vary on the importance of data-handling attributes in EMS, with some emphasizing the need for robust security measures, while others prioritize ease of use and customization. Brand marketing opportunities abound with EMS, allowing for targeted messaging and personalized experiences. Real-time data analysis provides valuable insights into attendee behavior, enabling event planners to adapt and optimize their strategies on the fly. From worldwide conferences and exhibits to cultural events, sports, gaming, and entertainment, EMS caters to the diverse needs of professional organizers and freelance planners alike.

Market Research Overview

The Event Management Software Market is experiencing significant growth due to the increasing popularity of virtual events and the need for advanced data management solutions. Real-time data analysis, social media integration, gamification, and digital infrastructure are key features driving demand. Small and Medium Enterprises (SMEs) and large-scale planners alike are adopting cloud-based software, Software-as-a-Service (SaaS), and cloud-based platforms for managing events, exhibits, sports, gaming, entertainment, and cultural events. Technology trends such as Artificial Intelligence (AI), Machine Learning (ML), chatbots, digital assistants, automation technologies, Augmented Reality (AR), and Virtual Reality (VR) are transforming the industry. Payment gateways and sustainability are becoming essential data-handling attributes. Event managers and organizers of worldwide conferences, social events, awareness gatherings, fundraising events, and hybrid events are leveraging these solutions for actionable insights and higher price tags. The market is witnessing new solutions for sports, gaming, and entertainment events, as well as collaborations between marketing firms and event organizers. The demand for innovations in hosting events, theme-based meetings, and attractive destinations is on the rise. Mobile devices and online dashboards provide convenience for event attendees. Containment measures and the shift towards virtual events are shaping the market landscape in developing and less developed regions. Strategic partnerships and updated technologies are crucial for success in this competitive market. Tripleseet, with its end-to-end functionality and event execution workflows, is a notable player in this space. General Atlantic’s investment in the market underscores its potential for growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentCloud-basedOn-premiseComponentSoftwareServicesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Where’s the Best Deal on the Block? Realtor.com® Launches Dynamic Map Layers to Help Homebuyers Find It and So Much More

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Homebuyers can now visualize hyperlocal insights and broader neighborhood trends to find their perfect home

SANTA CLARA, Calif., Sept. 24, 2024 /PRNewswire/ — Today, Realtor.com® announced the launch of dynamic map layers, a set of new map-based search features that allow users to answer classic home-buying questions like “Is this house the best deal on the street?” and “Where can I find the newest homes in a neighborhood?” or “Where are houses selling for a lower price per sqft.?” Now, users can explore multiple ZIP codes and neighborhoods with one quick glance and use this information to find the home they want.

Dynamic map layers deliver a unique zoom and pan experience that shows real-time visualizations of property data and neighborhood insights all in one map. When applied, each layer illustrates search parameters through color shading that represents aggregated data including market trends for a specific area. The shading dynamically adjusts to the property level as the user zooms in, and gets broader as they zoom out, adapting to highlight different data at each zoom level. Users can apply different map layers and access unique Realtor.com® econometric data, like market hotness, to find the best home options based on what they’re looking for.

“Do you remember when you bought your first smartphone and how it completely changed how you use a phone? Dynamic map layers are going to change how people search for homes online,” said Mausam Bhatt, Chief Product and Technology Officer, Realtor.com®. “They are an entirely new pathway to home discovery that allows buyers to answer their most pressing questions with a look at a map. They present data in an interactive way that is easy to use, easy to understand, and easy to make the most informed decisions with – so users can confidently choose the place they call home.”

Seventy-one percent of real estate website/app users think that more visual or map-based features could help them learn more about properties and compare homes more easily, according to a recent survey conducted by Realtor.com®. Ninety percent stated they would value being able to search for “home size” and “home value” via a map on a real estate search sites.

Whether it’s someone with a limited budget searching for the best buy in a specific area; a buyer who wants to understand the market competition of a home in order to make the best offer; or, a buyer who is comparing multiple neighborhoods so they can decide where to invest, Realtor.com® users can dive deeper and explore homes with the following layer options:

Home Estimate – the home’s current estimated value, powered by RealEstimatesmEstimate/ sqft. – the home’s current estimate total value divided by its total square footage, powered by RealEstimatesmLot Size – the property’s parcel size as measured in acresLot Slope – the property parcel’s average lot slopeHome Size – the size of the home measured in sqft.Year Built – the year the home was builtMarket Hotness – an index from 1-100 (very cool to very hot) indicating how quickly homes sell and the level of buyer demandSold Price vs. List Price – the sold price shown as a percentage of the original list price (based on properties sold in the last year)Sold Price/ sqft. – the home’s most recent sale price divided by its total square footageDays on Market – the time it takes properties to sell (based on properties sold in the last year)Neighborhood – display neighborhood boundaries and access details on the number of homes on the market, the median number of days homes spend on the market and the median list price within a neighborhood

Dynamic map layers offer unparalleled data visualization with dynamic zoom and pan functionality. By using these layers, users can get an equally holistic and granular view of a home’s characteristics and a neighborhood’s attributes.

About Realtor.com®
Realtor.com® is an open real estate marketplace built for everyone. Realtor.com® pioneered the world of digital real estate more than 25 years ago. Today, through its website and mobile apps, Realtor.com® is a trusted guide for consumers, empowering more people to find their way home by breaking down barriers, helping them make the right connections, and creating confidence through expert insights and guidance. For professionals, Realtor.com® is a trusted partner for business growth, offering consumer connections and branding solutions that help them succeed in today’s on-demand world. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. For more information, visit Realtor.com®.

Media Contact
Asees Singh press@realtor.com

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SOURCE realtor.com

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Socket Mobile Announces CaptureSDK Support for iOS 18

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FREMONT, Calif., Sept. 24, 2024 /PRNewswire/ — Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions designed to enhance workplace productivity, is excited to announce that CaptureSDK and its entire line of barcode scanners and NFC reader/writers have been thoroughly tested and have achieved full compatibility with iOS 18.

iOS 18 compatibility across the entire Socket Mobile product line ensures that Apple users can maximize the utility of both their Socket Mobile data readers and their Bluetooth-paired Apple iPhones or iPads. CaptureSDK’s support for iOS 18 means that business applications continue to run smoothly on Apple’s latest platform, offering stability, efficiency, and access to the newest features. Users can seamlessly integrate the latest Apple advancements into their workflow and expect optimal performance from both devices.

“Socket Mobile has a strong track record of maintaining compatibility with Apple’s latest advancements and is devoted to supporting our app developer partners. We strive to provide ultimate device compatibility and best-in-class development tools,” said Dave Holmes, Chief Business Officer at Socket Mobile. “With iOS 18 support added to CaptureSDK, all users of our data capture devices can stay current with Apple’s latest technology while discovering new ways to leverage the power and versatility of our barcode scanners and NFC reader/writers.

“To ensure compatibility and to take full advantage of the features offered by our barcode scanners and NFC reader/writers, app development partners only need to upgrade their apps to the latest version of CaptureSDK whenever new updates are released. Our world-class support team is always available to ensure that their data capture solutions continue to work seamlessly. Combined with the quality of our products and dedicated support, this makes Socket Mobile’s CaptureSDK, along with our scanners and readers, an excellent choice for Apple device users.”

CaptureSDK has been integrated into thousands of applications and gives app providers reliable and consistent data capture performance, enabling their apps to efficiently capture data in the physical world. With CaptureSDK, app providers can maximize the value of their solution and increase their customer’s overall productivity and satisfaction. With CaptureSDK-enabled apps, end-users can interchange any of Socket Mobile’s data capture devices, resulting in the freedom to choose the best reader for each customer’s requirements at any given time. With iOS 18 compatibility, Socket’s CaptureSDK delivers a new level of control and adaptability for iOS app developers.

iOS compatibility will always be a focus for Socket Mobile as Apple continues to roll out new updates for its customers.

Learn More About CaptureSDK

Media Contact: David Holmes, David.holmes@socketmobile.com

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SOURCE Socket Mobile, Inc.

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JinkoSolar Unveils its First Climate White Paper at 2024 New York Climate Week

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SHANGRAO, China, Sept. 24, 2024 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its principle operating subsidiary Jinko Solar Co., Ltd.’s participation in the 2024 New York Climate Week, where we officially launch the English version of our first Climate White Paper*. This comprehensive report outlines our commitment to sustainability, innovative strategies to reduce carbon emissions, and actionable steps for creating a greener, more resilient future.

As one of the leading voices in the fight against climate change, JinkoSolar has long been dedicated to aligning its operations with global climate goals. The new White Paper not only highlights the progress we’ve made, but also identifies new opportunities in both the PV and BESS sectors to collaborate across industries to accelerate decarbonization and enhance sustainability efforts.

Meanwhile, Jinko Solar Co., Ltd. as a member of the Board of Directors of the Global Solar Council, is honored to be part of the Finance Roundtable and, together with the Global Solar Council, co-hosting the discussion for lowering solar PV cost. This roundtable brings together development and commercial banks, industry experts, policymakers, and business leaders in shaping the future of climate action. Our active participation underscores our firm belief that addressing the climate crisis requires bold and decisive action together with financial players.

JinkoSolar looks forward to continuing its leadership in the bankability and sustainability space and to driving meaningful change in the global effort to combat climate change.

*Note: Disclosed information in the report covers our principal operating subsidiary Jinko Solar Co., Ltd. and its subsidiaries. The report is available on the Company’s website at https://www.jinkosolar.com/en/site/responsibility.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to utility-scale, commercial and residential customers in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions. 

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of June 30, 2024.

To find out more, please see: www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com

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SOURCE JinkoSolar Holding Co., Ltd.

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