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This “Types of event industries, income sources, organizers and age groups: Global opportunity analysis and industry forecasts, 2021-2028” Report has been added to ResearchAndMarkets.com provide.
The scale of the competition industry in 2019 is US$1.1354 billion, and it is expected to reach US$1.5529 billion by 2028, with a compound annual growth rate of 11.2% from 2021 to 2028.
The incident refers to the public collection of civilian art at a certain time and place. The purpose of holding events can be to increase the profitability of the company, celebration, entertainment and community cause. The most popular events include conferences and exhibitions, company events and seminars, promotions and fundraising, music and art performances, sports, festivals, trade shows, and product launches. The main stakeholders in the event market are corporate organizations, public organizations and non-governmental organizations.
The growth of the global event industry is mainly driven by the frequent appearance of company meetings, orientation sessions, conferences, exhibitions, music concerts and sporting events. In addition, the deployment of state-of-the-art technology that can handle the entire event has promoted the development of the industry. In addition, multidimensional events that are customarily held are the main driving force of the global event market. In addition, sponsorship from various brands such as Redbull, Monster Energy, Nike, Cocoa, etc., to reduce the three-day major global festivals, as well as small performances or performances in social clubs or arenas can promote market growth. The introduction of new media platforms and distribution methods further provides space for the giant to interact and organize activities with artists, performers, speakers and business coaches. However, higher entry costs and industry fragmentation are some of the main constraints in this industry.
The global event market is divided into types, sources of income, organizers and age groups. According to the type, the market is divided into music concerts, music festivals, sports, exhibitions and conferences, corporate events and seminars. According to the source of income, it is divided into ticket sales, sponsorship and others. According to the organizer, it is divided into company, sports, education, entertainment, etc. According to age group, it is divided into under 20 years old, 21-40 years old and over 40 years old.
Main benefits
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The report provides an extensive analysis of current and emerging event industry trends and opportunities.
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The report provides a detailed qualitative and quantitative analysis of current trends and future estimates, helping to assess the major event industry opportunities in the market.
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Provide event industry forecasts and information related to key drivers, constraints and opportunities.
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Conduct market analysis by following key product positioning and monitoring top competitors within the market framework.
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The report provides a broad range of qualitative insights into potential and niche market segments or regions that exhibit favorable growth.
Market dynamics
Rider
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Increase event sponsorship
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Young people’s interest in entrepreneurs and business seminars is rising
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Disposable income rises
Restraint
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Organizing events involves high operating costs
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The presence of existing giants creates barriers to entry
opportunity
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skill improved
Company Profile
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Visit Destination Services LLC
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Anschutz Entertainment Group
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Bcd meetings and events
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per capita
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Cl event
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Horn Events Ltd.
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Cvent, Inc.
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PhD Group
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Entertainment Asia
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Atpi Group
For more information about this report, please visit https://www.researchandmarkets.com/r/9udzzz
View the source code version on businesswire.com: https://www.businesswire.com/news/home/20210514005419/zh/
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