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The event management as a service market is projected to grow by USD 576.5 Million from 2024-2028, with AI impacting trends and rising demand for online registration and payments – Technavio

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NEW YORK, Sept. 24, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global event management as a service market size is estimated to grow by USD 576.5 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 12.1% during the forecast period. increasing demand for online registration and payment is driving market growth, with a trend towards emergence of ibeacons for event management However, threat from open-source event management software poses a challenge – Key market players include Accelevents Inc., Active Network LLC, Arlo Software Ltd., Aventri Inc., Bitrix Inc., Bizzabo, Certain Inc., Cvent Holding Corp., Event Temple Labs Inc., Eventbrite Inc., Fortive Corp., Glue Up, Hopin, New Work SE, RainFocus LLC, Ungerboeck, WebMobi, Whova Inc., XING Events GmbH, and Zoho Corp. Pvt. Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Event Management As A Service Market Scope

Report Coverage

Details

Base year

2023

Historic period

–

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 12.1%

Market growth 2024-2028

USD 576.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

10.92

Regional analysis

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

Performing market contribution

North America at 47%

Key countries

US, China, UK, Canada, and Germany

Key companies profiled

Accelevents Inc., Active Network LLC, Arlo Software Ltd., Aventri Inc., Bitrix Inc., Bizzabo, Certain Inc., Cvent Holding Corp., Event Temple Labs Inc., Eventbrite Inc., Fortive Corp., Glue Up, Hopin, New Work SE, RainFocus LLC, Ungerboeck, WebMobi, Whova Inc., XING Events GmbH, and Zoho Corp. Pvt. Ltd.

 

Market Driver

The Event Management as a Service market refers to the outsourcing of event planning and execution to specialized companies. Businesses can benefit from this model by reducing costs, improving efficiency, and gaining access to expert resources. Event management companies offer a range of services, including venue selection, vendor coordination, logistics, and marketing. By partnering with a reputable event management firm, businesses can focus on their core competencies while ensuring the success of their events. 

Event Management as a Service (EMaaS) is a growing trend in the business world, offering specialized tools and mobile applications to simplify event planning for event organizers. With the increasing complexity of events, productivity is key. EMaaS provides real-time interaction, email notifications, and feedback collection to ensure informed choices for future events. Blockchain technology adds security, while functionality adapts to cultural variations and communication hurdles. Small businesses on tight budgets benefit from automation of tasks, training staff, and internal communication. Personalized experiences and real-time feedback mechanisms enhance the overall experience for varied audiences. Cloud-based software offers low maintenance costs, virtual storage, and backup-restore facilities. Service delivery is seamless, and data-handling attributes ensure security. Assumptions are minimized through automated tasks and real-time interaction. Specialized tools cater to the needs of worldwide conferences, exhibits, and cultural events, making event management more efficient and effective. 

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Market Challenges

The Event Management as a Service market refers to the outsourcing of event planning and execution to specialized companies. Businesses can leverage this model to save time and resources, focusing on their core operations. Service providers offer end-to-end solutions, from venue selection and vendor coordination to attendee management and post-event analysis. This market continues to grow as more companies recognize the benefits of partnering with experts to deliver successful events.The Event Management as a Service market faces several challenges. Purchasing tickets and interaction are key areas where seamless digital solutions are required. In the software segment, capabilities for financial management, conference scheduling, logistical management, vendor management, and monitoring of tasks are essential. Corporate spending and shifting customer preferences towards virtual events present challenges. Sustainability initiatives, regulatory compliance, and emerging markets require adaptability. Economic downturns, seasonality, security issues, environmental factors, event type, and client type add complexity. Event management software, digital tools, and cloud-based platforms offer solutions, including virtual exhibitor booths, chat functionality, live broadcasting, content distribution, and virtual event platforms. Regulatory restrictions and security issues necessitate robust solutions.

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Segment Overview

This event management as a service market report extensively covers market segmentation by

End-user 1.1 Corporate1.2 PO and NGO1.3 IndividualsType 2.1 Pre-event services2.2 Onsite services2.3 Post-event servicesGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Corporate- The Event Management as a Service market is experiencing significant growth due to the complete digitization of core event management processes and the adoption of customer-centricity. This segment caters to end-users such as private organizations, corporations, trading associations, educational institutions, and political parties. By outsourcing event management services, these organizations can effectively manage event logistics and enhance operational efficiency, resulting in cost savings of nearly 30%. Services include research, venue selection, hotel reservations, transportation arrangements, food and entertainment planning, site visits, and event execution. The corporate segment is particularly thriving in the UAE, where the government’s strong support for the MICE industry, as outlined in initiatives like Dubai Tourism Vision 2020 and Abu Dhabi Economic Vision 2030, fuels growth. Favorable policy adjustments, enhanced government funding, and robust infrastructure developments create an ideal environment for the expansion of event management enterprises in the UAE, contributing to the growth of the corporate segment of the global Event Management as a Service market.

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Research Analysis

The Event Management as a Service (EMaaS) market is experiencing significant growth due to various factors. Corporate spending on events is on the rise, driven by the understanding that well-executed events can boost brand awareness and customer engagement. Shifting customer preferences towards virtual and hybrid events are also fueling the market’s growth. Sustainability initiatives and regulatory compliance are becoming increasingly important considerations in event planning. Emerging markets and regulatory restrictions present both opportunities and challenges. Economic downturns and seasonality can impact event attendance and budgets. Event management software, digital tools, cloud-based platforms, and mobile applications are transforming the industry, offering event managers specialized tools to streamline processes, increase productivity, and provide informed choices for event organizers. The complexity of events and the importance of delivering an overall excellent experience continue to be key drivers. Blockchain technology and data-handling attributes are gaining attention for their potential to enhance security and streamline event operations. Opinions and behavior of attendees continue to shape event strategies, with a focus on providing informed choices for future events.

Market Research Overview

The Event Management as a Service (EMaaS) market is experiencing significant growth due to corporate spending shifts, changing customer preferences, and sustainability initiatives. Regulatory compliance, economic downturns, seasonality, security issues, and environmental factors also impact the industry. EMaaS offers various tools such as event management software, digital tools, cloud-based platforms, mobile applications, and specialized tools to manage the complexity of events. Event strategies, productivity, and engagement are key considerations, with blockchain, functionality, and security being essential features. Small businesses with tight budgets benefit from EMaaS, while end-user organizations require real-time interaction, personalized experiences, and data-handling attributes. Assumptions about automation of tasks, email notifications, feedback collection, and training staff are important for effective event planning. Cultural variations and communication hurdles present challenges for planning varied audiences and cross-border activities. New features like gamification, AI-powered chatbots, and social media engagement enhance the overall experience for attendees.

Table of Contents:

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

End-userCorporatePO And NGOIndividualsTypePre-event ServicesOnsite ServicesPost-event ServicesGeographyNorth 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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Technology

Draup and The Josh Bersin Company launch report on the impact of AI and workers, skills, and organizations

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November 12, 2024

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THE WOODLANDS, Texas, Nov. 12, 2024 /PRNewswire/ — Draup, a leading talent strategy platform that delivers multi-dimensional talent data to support enterprises’ talent decisions, and The Josh Bersin Company, a trusted industry advisor for global HR leaders, have partnered to release an in-depth report titled, “How Integrating AI with Human Skills is the On-Ramp to Flourishing in a Rapidly Evolving Job Landscape.”  The report offers insights on adapting job roles to an AI-driven landscape, emphasizing strategies to integrate AI into existing workflows, boosting productivity and fostering innovation

This comprehensive report explores how AI’s integration across business functions (e.g., software engineering, HR, sales, finance) is set to reshape the workforce. Key insights include how to measure AI’s influence on specific roles, understand emerging and critical skills by work effort and recommend skill development & organizational changes to prepare for the future of work “This study explains the enormous opportunity AI presents by re-engineering functional work practices,” said Josh Bersin, Global Industry Analyst and CEO of The Josh Bersin Company. “By focusing on the blend of AI capabilities with human expertise, organizations can create value-driven strategies that support sustainable growth and a transformative approach to workforce planning.”

The report also underscores the importance of understanding AI’s evolving role in areas like soft skills management, creative work, and customer experience. Each chapter delves into these shifts, providing readers with actionable insights into emerging skills requirements, changing job roles in finance and supply chain, and how HR can spearhead safe AI adoption within organizations.

Vijay Swaminathan, CEO of Draup, commented, “At Draup, we are dedicated to equipping organizations with the talent strategy & intelligence needed to navigate AI-driven changes effectively. This report highlights not only the transformative potential of AI but also the importance of a strategic approach to upskilling and workforce planning. We believe that by partnering AI with human skills, companies can proactively future-proof their talent and strengthen their competitive edge.”

This report provides practical guidance on navigating workforce transformation, detailing the benefits and limitations of AI in diverse organizational contexts and helping leaders reimagine the value of their workforce.

The report is currently available exclusively to Josh Bersin Company Corporate Members and Draup Customers. To access the report and learn more about how AI and human skills can empower your organization, visit https://joshbersin.com/about-2 and request more information about Corporate Membership. 

About Draup

Draup is a leading Talent Strategy Platform that delivers multi-dimensional global labor market data to drive enterprises’ Workforce Planning, Recruitment & Transformative Skills Architecture initiatives. Draup supports HR Leaders in optimizing their workforce strategies by helping them address evolving workforce needs, assess global talent & peer group landscape, and design career paths for long-term success. With real-time access to granular data and personalized insights, Draup empowers customers with actionable intelligence & recommendations to strengthen their talent strategies. https://www.draup.com/talent 

About The Josh Bersin Company

The Josh Bersin Company is the most trusted human capital advisors in the world. More than a million HR and business leaders rely on us to help them overcome their greatest people challenges. Thanks to our understanding of workplace issues, informed by the largest, and most up-to-date data sets on workers and employees, we give leaders the confidence to make decisions in line with the latest thinking and evidence about work and the workplace. https://joshbersin.com/ 

This release underscores Draup and The Josh Bersin Company’s shared mission to equip leaders with the insights needed for driving workforce transformation.

 

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ezACH Direct Deposit Software From Halfpricesoft.com Has Been Updated With New Quick Start Guide

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November 12, 2024

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The latest edition of ezACH direct deposit software allows companies to seamlessly pay both contractors and employees quickly with a new quick start guide. Clients are invited to download and test drive at no cost or obligation at halfpricesoft.com.

NEWARK, N.J., Nov. 12, 2024 /PRNewswire-PRWeb/ — Businesses that want to switch to ACH deposits rather than process paper checks, are turning to ezACH direct deposit software from https://www.halfpri cesoft.com/ [Halfpricesoft.com. __title__ Business Software With Remote or Office Use Capability]Clients will get unlimited payments to employees, contractors, vendors and can also pay the government quarterly taxes with ezACH as well. Even better, a new quick start guide has been added for customer ease of use. See link below
ezACH Quick Start Guide

Eliminate the check writing process and headaches when paying employees, contractors, vendors and the government. With ezACH Direct Deposit Software clients get the included, easy to follow quick start guide.

“Both novice and seasoned company owners can eliminate the check writing process and headaches when paying employees, contractors, vendors and the government. With ezACH Direct Deposit Software clients get the included, easy to follow quick start guide .” Says developer, Dr. Ge.

For only $199.00 for a single installation, a company client can purchase and process unlimited ACH payments for unlimited companies for one flat rate. Potential customers can download and test with no obligation at https://www.halfpricesoft.com/NACHA-ACH-direct-deposit-software.asp

Benefits to using ezACH Direct Deposit-

Increased security: Direct deposit will reduce the risk of lost, stolen or damaged checks.Quicker access to funds: ezACH Direct deposit ensures that funds are available in accounts immediately, giving quicker access to money.

Go Green: Direct deposit eliminates the need for paper checks and reduces the environmental impact of paper waste.

Convenience: With ezACH direct deposit, there is no need to go to the bank or wait for a check to clear. Funds are automatically deposited into your account on a specified date.

Time-saving: Direct deposit saves time for both employers and employees. Employees don’t have to go to the bank to deposit paychecks, and employers don’t have to spend time preparing and distributing paper checks.

Cost-effective: ezACH is only $199.00 flat rate for a single installation to process unlimited deposits for unlimited companies. (Please check with the bank for the transaction fees that may be charged by the bank).

No more hassle dealing with the banks or high cost third party companies. To start this test drive of this direct deposit software, visit https://www.halfpricesoft.com/NACHA-ACH-direct-deposit-software.asp

About halfpricesoft.com
Halfpricesoft.com is a leading provider of small business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software, Accounting software, 1095 form software and ezACH direct deposit software.
Software from halfpricesoft.com is trusted by thousands of customers and will assist Business owners in simplifying payroll processing and streamline business management.

Media Contact

T. Bernard, halfpricesoft.com, 502-259-0936, services@halfpricesoft.com, halfpricesoft.com

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EPCR partners with Eluvio to super-charge EPCR TV

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17 mins ago

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November 12, 2024

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Super-charged new EPCR TV platform powered by award-winning global content distribution platform takes off for 2024/25 Investec Champions Cup and EPCR Challenge Cup seasonAvailable across multiple services, Eluvio will bring a hugely upgraded experience to rugby fansGlobal reach and innovative tailor-made viewing options ensure EPCR tournaments will be available to more fans than ever before

LAUSANNE, Switzerland and BERKELEY, Calif., Nov. 12, 2024 /PRNewswire/ — EPCR, the tournament organiser of the Investec Champions Cup and EPCR Challenge Cup, has selected Eluvio to power its global streaming subscription service, EPCR TV. The new EPCR TV will now bring an enhanced experience to fans thanks to Eluvio’s advanced full-feature platform.

The service is a first-of-its kind streaming experience for fans powered by Eluvio. This next-gen streaming video platform brings the excitement of current and past EPCR matches to fans worldwide, offering a digital front-row seat to the best of elite international club rugby, both live and on-demand and super-charging the viewing experience.  A preview video of the new experience can be seen by clicking here.

EPCR TV will feature the Investec Champions Cup and EPCR Challenge Cup in key markets across the world, providing fans with unparalleled access to the best of international club rugby. Subscribers can choose from multiple payment options, including a season pass for €49.99, which includes access to the live matches. Alternatively, fans can opt for a weekend pass for €14.99, which includes access to the live matches of the round, or purchase single matches for €7.99 each. Some archival content will be also available for on-demand rewatch during the season.*

Jacques Raynaud, CEO of EPCR, said: “We are delighted to be partnering with Eluvio to bring best-in-class experiences for EPCR TV audiences. This represents a significant step forward in working with next-generation technology to deliver high performance streaming and expand the global reach of international club rugby’s best competitions.

“This major improvement to fans’ viewing experience represents a major part of the innovations we are introducing ahead of our 30th season, to bring incredible entertainment, every try and nail-biting moment of the Investec Champions Cup and EPCR Challenge Cup to more fans than ever before.” Michelle Munson, CEO and founder of Eluvio, said, “We’re honoured that EPCR selected Eluvio to bring the new EPCR TV to life. This is a first-of-a-kind experience for Rugby fans to enjoy high-quality streaming, with access to the best live and archival video content EPCR has to offer. EPCR and fans can engage directly through the platform for maximum enjoyment while benefiting from the most efficient and cutting-edge technology.” 

Eluvio also provides EPCR with state-of-the-art content security and end-to-end anti-piracy protection. Eluvio’s end-to-end security capability provides strong encryption, DRM (digital rights management), authorization, proof of authenticity, forensic watermarking, and rights control for a tamper-proof streaming experience.

EPCR TV is available on a web browser, mobile devices, and Apple TV, Android TV, and Amazon Fire TV via the Eluvio App available to download on the respective store. The platform allows fans to watch multiple live matches simultaneously, catch up on live matches in progress, and rapidly search through live, upcoming and past games. Streaming is provided in full HD, with dynamic automatic adaptation of the streaming resolution to the user’s available bandwidth, and low latency delivery powered by Eluvio technology. Fans can choose from multiple audio tracks for a custom experience with or without commentary. The 2024/25 EPCR season will kick off on the weekend of December 6th, promising an unforgettable experience for rugby fans. Both the Investec Champions Cup and EPCR Challenge Cup will feature the top clubs and the most exciting talent, ensuring viewers have access to unmissable rugby action.

EPCR’s 30th season kicks off on Friday 6 December, with Bath Rugby taking on Stade Rochelais at The Rec in the first match of Investec Champions Cup (KO 2000 local time) and the EPCR Challenge Cup gets underway with Dragons RFC v Montpellier Hérault Rugby (Rodney Parade, KO 2000 local time) and Gloucester Rugby v Edinburgh Rugby (Kingsholm, KO 2000).

For EPCR TV subscription options, click here.
For all Investec Champions Cup fixtures, click here.
For all EPCR Challenge Cup fixtures, click here.
*Subscription offers are subject to broadcast agreements in each territory – see full Where to Watch details

About Eluvio
Eluvio (https://eluv.io) is solving the generational problems of video over the Internet with its Content Fabric Protocol, a next-generation content distribution and storage protocol transforming the distribution and monetization of premium video and digital media–in contrast to legacy cloud workflows and CDNs. Eluvio users include Amazon Studios/MGM, European Professional Club Rugby, FOX, Gladius Sports, SONY Pictures, Telstra Broadcast Services, UEFA, Warner Bros., WWE, and others. Eluvio is led by Michelle Munson and Serban Simu, founders and inventors of Aspera (Emmy Award winning, acquired by IBM in 2014). Based in Berkeley, California with a worldwide team of 40 engineers, scientists and commercial leaders, Eluvio has received the NAB Product of the Year in 2024, Seicon Grand prize, and the prestigious Engineering Excellence Award by the Hollywood Professional Association and holds 13 issued US patents.  On X: @EluvioInc ; On LinkedIn @ https://www.linkedin.com/company/eluv-io/ 

ABOUT EPCR
European Professional Club Rugby (EPCR) is the organiser of the Investec Champions Cup and EPCR Challenge Cup. EPCR’s mission is to create outstanding rugby experiences for all key stakeholders, including leagues, clubs, players, match officials, unions, fans, broadcast and commercial partners, communities and the media.

The Investec Champions Cup and EPCR Challenge Cup features teams from the Gallagher Premiership, TOP14 and United Rugby Championship. 42 clubs from across the three clubs and eight unions compete each season to win club rugby’s most elite titles. Broadcast to over 100 territories around the world, last season EPCR welcomed 1.5 million fans into stadia and achieved a broadcast audience of over 70 million. The EPCR Finals Weekend is a destination rugby weekend held in a different city every year. On 23 and 24 May 2025, the rugby heartland of Cardiff will welcome the EPCR Challenge Cup Final and Investec Champions Cup Final to the iconic Principality Stadium. Established in 2014 with headquarters in Lausanne, Switzerland, EPCR has the following members: Fédération Française de Rugby (FFR), Federazione Italiana Rugby (FIR), Irish Rugby Football Union (IRFU), Ligue Nationale de Rugby (LNR), Premier Rugby Ltd (PRL), PRO Rugby Championship DAC (URC), Rugby Football Union (RFU), Scottish Rugby Union (SRU) and Welsh Rugby Union (WRU).

The Board of EPCR has the following members: Dominic McKay (Chairman), Jacques Raynaud (EPCR CEO), Anthony Lepage (EPCR COO), Martin Anayi (URC), Emmanuel Eschalier (LNR), Simon Massie-Taylor (PRL), Mark McCafferty (independent director), Arnaud Nourry (independent director), Bill Sweeney (RFU) and Andrea Rinaldo (FIR). EPCR’s revenues are distributed on the basis of an equal three-way division to Premiership Rugby clubs, URC clubs and LNR clubs. EPCR’s tournaments are run according to World Rugby’s Laws of the Game, and to World Rugby Regulations. On LinkedIn: https://www.linkedin.com/company/epcrugby/ 

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SOURCE Eluvio, Inc.

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