Events Industry Global Market Report 2024

Description

The events industry encompasses the planning, production, management, and execution of a wide range of events, varying in size and purpose. These include corporate events, conferences, exhibitions, trade shows, festivals, weddings, sporting events, concerts, and other social gatherings. The industry plays a key role in connecting individuals or organizations for social, educational, entertainment, or business objectives, often promoting networking, learning, and brand exposure. It also significantly contributes to the economy, especially in sectors such as tourism, hospitality, and media.

The main categories within the events industry include music concerts, festivals, sports events, exhibitions and conferences, corporate events and seminars, among others. Music concerts are live performances by artists or bands, typically hosted in venues such as arenas, theatres, or outdoor spaces. The participating age groups are typically below 20 years, 21-40 years, and above 40 years. Revenue sources include ticket sales, sponsorships, food and beverage sales, and other streams, with events organized by corporate entities, sports, educational, entertainment, and other organizers.

The events industry market research report is one of a series of new reports from The Business Research Company that provides events industry market statistics, including events industry global market size, regional shares, competitors with events industry market share, detailed events industry market segments, market trends, and opportunities, and any further data you may need to thrive in the events industry. This events industry market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The events industry market size has grown strongly in recent years. It will grow from $1,124.07 billion in 2023 to $1,227.30 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth during the historic period can be attributed to an increase in religious and cultural festivals, the emergence of public fairs, evolving consumer preferences, a focus on sustainability, and government support and regulation.

The events industry market size is expected to see strong growth in the next few years. It will grow to $1,764.13 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth during the forecast period can be attributed to a rising interest in eco-friendly events, an increase in tourism and destination events, variations in corporate investment, a rise in business conferences, and a growing number of sports leagues. Key trends expected in this period include technological innovations, the emergence of 3D virtual venues, advancements in event technology, data-driven event planning, and the integration of artificial intelligence (AI).

The increasing popularity of sports leagues is expected to drive growth in the events industry market. Sports leagues are structured groups of teams or individual athletes that compete against one another over a defined period, typically governed by established rules and regulations. The rise in the number of sports leagues can be attributed to the growing interest in sports among participants and spectators, greater availability of resources for organizing events, and the expansion of broadcasting and digital media. The events industry offers essential infrastructure, including venue management, ticketing, and promotional activities, to support live sporting leagues that attract large audiences and enhance community engagement. For example, in January 2024, Deloitte Touche Tohmatsu Limited, a UK-based professional services network, reported that the top 20 football money league clubs generated a record revenue of $11.6 billion (€10.5 billion) in 2022-2023, reflecting a 14% increase from the previous year. Thus, the growing popularity of sports leagues is fueling the expansion of the events industry market.

Key players in the events industry market are concentrating on creating innovative solutions, such as event management software, to enhance various aspects of event organization, including registration and billing processes. Event management software is a digital tool designed to assist organizers in efficiently planning, executing, and managing events. These solutions streamline multiple components of event planning, from logistics and registration to marketing and post-event analysis. For instance, in June 2024, Evexus, an Australia-based software development firm, launched a comprehensive event management software solution aimed at enhancing event planning processes globally. This platform incorporates advanced technologies such as artificial intelligence (AI), sequential registration, and pay-first billing to fill a notable gap in the current event management market. These features are designed to redefine industry standards, streamline organization, and improve the overall event experience. Additionally, it helps event organizers promote sponsors, provide on-demand content, gather valuable data insights, and live-stream events.

In June 2023, Blackstone Inc., a US-based investment management company, acquired Cvent Holding Corp. for $4.6 billion. This acquisition aims to bolster Blackstone's portfolio in event management and extend its market reach to deliver top-tier technology solutions to clients. Cvent Holding Corp. is a US-based software company that specializes in event management technology.

Major companies operating in the events industry market are Live Nation Entertainment Inc., RELX Group PLC, Anschutz Entertainment Group Inc., BCD Group Inc., Freeman Company, Informa PLC, ATPI Ltd., GL Events SA, Reed Exhibitions Limited, Messe Frankfurt GmbH, Cvent Inc, MCH Group AG, Clarion Events Ltd, Emerald Holding, Hyve Group plc, Questex LLC, Access Destination Services LLC, Bizzabo Inc., Social Tables Inc., Outback Concerts LLC, Riviera Events LLC, IMEX Group Ltd., Eventful Inc, CL Events Limited, Entertaining Asia Ltd.

Europe was the largest region in the events industry market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the events industry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the events industry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The events industry market includes revenues earned by entities by providing services such as catering services, venue selection and management, and advertising campaigns. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Events Industry Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on events industry market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for events industry ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The events industry market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Music Concerts; Festivals; Sports; Exhibitions And Conferences; Corporate Events And Seminar; Other Types
2) By Age Group: Below 20 Years; 21-40 Years; Above 40 Years
3) By Revenue Source: Ticket Sale; Sponsorship; Food And Beverage; Other Revenue Sources
4) By Organizer: Corporate; Sports; Education; Entertainment; Other Organizers
Companies Mentioned: Live Nation Entertainment Inc.; RELX Group PLC; Anschutz Entertainment Group Inc.; BCD Group Inc.; Freeman Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r20229

1. Executive Summary

2. Events Industry Market Characteristics

3. Events Industry Market Trends And Strategies

4. Events Industry Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Events Industry Market Size and Growth

5.1. Global Events Industry Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Events Industry Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Events Industry Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Events Industry Market Segmentation

6.1. Global Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Music Concerts
Festivals
Sports
Exhibitions And Conferences
Corporate Events And Seminar
Other Types
6.2. Global Events Industry Market, Segmentation By Age Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Below 20 Years
21-40 Years
Above 40 Years
6.3. Global Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Ticket Sale
Sponsorship
Food And Beverage
Other Revenue Sources
6.4. Global Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Corporate
Sports
Education
Entertainment
Other Organizers

7. Events Industry Market Regional And Country Analysis

7.1. Global Events Industry Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Events Industry Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Events Industry Market

8.1. Asia-Pacific Events Industry Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Events Industry Market

9.1. China Events Industry Market Overview
9.2. China Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Events Industry Market

10.1. India Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Events Industry Market

11.1. Japan Events Industry Market Overview
11.2. Japan Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Events Industry Market

12.1. Australia Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Events Industry Market

13.1. Indonesia Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Events Industry Market

14.1. South Korea Events Industry Market Overview
14.2. South Korea Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Events Industry Market

15.1. Western Europe Events Industry Market Overview
15.2. Western Europe Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Events Industry Market

16.1. UK Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Events Industry Market

17.1. Germany Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Events Industry Market

18.1. France Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Events Industry Market

19.1. Italy Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Events Industry Market

20.1. Spain Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Events Industry Market

21.1. Eastern Europe Events Industry Market Overview
21.2. Eastern Europe Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Events Industry Market

22.1. Russia Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Events Industry Market

23.1. North America Events Industry Market Overview
23.2. North America Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Events Industry Market

24.1. USA Events Industry Market Overview
24.2. USA Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Events Industry Market

25.1. Canada Events Industry Market Overview
25.2. Canada Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Events Industry Market

26.1. South America Events Industry Market Overview
26.2. South America Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Events Industry Market

27.1. Brazil Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Events Industry Market

28.1. Middle East Events Industry Market Overview
28.2. Middle East Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Events Industry Market

29.1. Africa Events Industry Market Overview
29.2. Africa Events Industry Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Events Industry Market, Segmentation By Revenue Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Events Industry Market, Segmentation By Organizer, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Events Industry Market Competitive Landscape And Company Profiles

30.1. Events Industry Market Competitive Landscape
30.2. Events Industry Market Company Profiles
- 30.2.1. Live Nation Entertainment Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. RELX Group PLC
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Anschutz Entertainment Group Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. BCD Group Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Freeman Company
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Events Industry Market Other Major And Innovative Companies

31.1. Informa PLC
31.2. ATPI Ltd.
31.3. GL Events SA
31.4. Reed Exhibitions Limited
31.5. Messe Frankfurt GmbH
31.6. Cvent Inc
31.7. MCH Group AG
31.8. Clarion Events Ltd
31.9. Emerald Holding
31.10. Hyve Group plc
31.11. Questex LLC
31.12. Access Destination Services LLC
31.13. Bizzabo Inc.
31.14. Social Tables Inc.
31.15. Outback Concerts LLC

32. Global Events Industry Market Competitive Benchmarking

33. Global Events Industry Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Events Industry Market

35. Events Industry Market Future Outlook and Potential Analysis

35.1 Events Industry Market In 2028 - Countries Offering Most New Opportunities
35.2 Events Industry Market In 2028 - Segments Offering Most New Opportunities
35.3 Events Industry Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer