DUBLIN, July 26, 2022 /PRNewswire/ — The “Events Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Event Type, Revenue Source, Type, Organizer, Application, and Enterprise Size” report has been added to ResearchAndMarkets.com’s offering.
The global Events market share is expected to grow from US$ 958.54 billion in 2021 to US$ 1,965.99 billion by 2028. Events market size is estimated to grow at a CAGR of 11.1% from 2022 to 2028.
Entrepreneurship education for secondary and post-secondary students has a beneficial impact on entrepreneurial skills and goals, but it is unclear if this translates into long-term entrepreneurial engagement or revenue. A few comprehensive reviews in this domain in developing countries imply that secondary/tertiary entrepreneurship education impacts entrepreneurial ambitions, mentality, and abilities. For example, in Tunisiauniversity-based entrepreneurship programs raised entrepreneurial intention, mentality, skills, and self-employment rates in the near term, but these effects dissipated four years later, owing to financial restrictions.
Due to a shortage of job opportunities, many young people turn to entrepreneurship, particularly in developing countries. However, they may not necessarily be in entrepreneurial positions. Youth, families, and communities are more interested in developing programs that include skills training that may be used after the project ends. Access to financing is essential for young entrepreneurs who want to start or develop their firms. Unfortunately, many young individuals have the least ready access to funds. Access to money differs not only across countries but also between communities.
According to the Organization for Economic Co-operation and Development, startups are the key drivers of the economy, employing about 50% of the workforce at any given time, even though they are about 20% of the total companies in a country. As a result, development programs must carefully consider how to assist young people in effectively obtaining the finances they want. This entails a detailed examination of various financial models and the development of goods customized according to the demand of users.
North America has the highest rate of advanced technology adoption due to favorable government policies fostering innovation and enhancing infrastructural abilities. As a result, every factor affecting the region’s industrial performance obstructs its economic development. The US became one of the world’s worst-affected countries by the pandemic , causing governments to impose several limitations on industrial, commercial, and public activities in the country to contain the disease’s spread.
The COVID-19 pandemic massively affected Asia Pacific (APAC), with a significantly high number of cases in India and China. China is the most crucial manufacturer and industrial producer and trades most manufacturing goods. It is also a world leader in several types of goods. According to the Organization for Economic Co-operation and Development (OECD), the other major economies, such as South Korea, India, Australiaand Japanhave also been impacted by the pandemic and are experiencing downward growth.
The mobility restrictions and cancellation/postponement of various business conferences and events due to the COVID-19 outbreak affected the overall market in this region. Since firms started working from home, the demand for software solutions mounted gradually, even during the breakdown. Thus, this disruption negatively…