The event apps market size is projected to reach US$ 5.01 billion by 2031 from US$ 1.66 billion in 2023. The market is expected to register a CAGR of 14.8% during 2023–2031. The positive impact of digitalization and increasing international events are likely to remain key trends and drivers in the market.
Event Apps Market Analysis
The demand for the event apps market is anticipated to grow with the rising digitization. Digitization has surged efficiency and cost-effectiveness. Digitalization is being used heavily in every aspect, such as virtual and hybrid events, conferences, etc. Moreover, increasing government initiatives for various events. All these factors are driving the growth of the event apps market.
Event Apps Market Overview
An event app is like the apps that are used on any Apple, iPhone or Android device. Just like a ordinary app, event organizers will create an app that’s specific to any event and add it to the app store. Attendees can download the app to ustilize during the event to find information, content, and people. Event apps can also allow attendees to connect with presenters or other attendees. An individual can easily find people who share their interests or are attending the same sessions, making networking that much easier.
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You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Event Apps Market Drivers and Opportunities
Virtual and Hybrid Events to Favor Market
Since the pandemic, hybrid and virtual events have gained importance. A hybrid event is a fusion of both a live in-person event and virtual online components. With the right technology, an individual can sync the content and engagement features so that both live and online attendees can have a similar experience this generates the requirement of the event apps. For a seamless and errorless experience of communication, event apps are required. This fuels the event apps market growth.
Event Apps Market Report Segmentation Analysis
Key segments that contributed to the derivation of the Event Apps market analysis are component and applications.
- Based on type, the event apps market is divided into enterprise event apps, hybrid apps, corporate meeting apps, conference apps, trade show apps, festival apps, and sports event apps. The enterprise event apps segment is anticipated to hold a significant share in the forecast period.
- Based on the operating system, the event apps market is divided into iOS, Android, and web-based. The iOS segment is anticipated to hold a significant share in the forecast period.
- Based on end users, the event apps market is divided into event organizers and planners, corporates, government, education, and others. The event organizer and planners segment is anticipated to hold a significant share in the forecast period.
Event Apps Market Share Analysis by Geography
The geographic scope of the event apps market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America has dominated the event apps market. High technology adoption trends in various industries in the North American region have fuelled the growth of the event apps market. Factors such as increased adoption of digital technology and high technological spending by government agencies are expected to drive the North American event apps growth. Moreover, a strong emphasis on research and development in the developed economies of the US and Canada is forcing the North American players to bring technologically advanced solutions into the market. In addition, the US has a large number of event app market players who have been increasingly focusing on developing innovative solutions. All these factors contribute to the region's growth of the event apps market.
Event Apps Market Regional Insights
The regional trends and factors influencing the Event Apps Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Event Apps Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Event Apps Market
Event Apps Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.66 Billion |
Market Size by 2031 | US$ 5.01 Billion |
Global CAGR (2023 - 2031) | 14.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Event Apps Market Players Density: Understanding Its Impact on Business Dynamics
The Event Apps Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Event Apps Market are:
- Whova
- Cvent Inc.
- Evenium
- Eventbase Technology Inc.
- Livestorm
- Meeting Application
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Event Apps Market top key players overview
Event Apps Market News and Recent Developments
The event apps market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the event apps market are listed below:
- Eventsforce, powered by Simpleview, released the Eventsforce mobile app — a scalable event app solution designed to drive event planning success. The new mobile app utilizes an upgraded technology stack to help inspire, engage, and connect event attendees. (Source: Eventsforce Company Website, November 2023)
- InvitePeople, a leading event management platform, introduced a new Progressive Web App (PWA) for event attendees. The PWA is connected to the InvitePeople event management platform, providing a seamless experience for event organizers and attendees. (Source: InvitePeople Company Website, May 2023)
Event Apps Market Report Coverage and Deliverables
The “Event Apps Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Event apps market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
- Event apps market trends as well as market dynamics such as drivers, restraints, and key opportunities.
- Detailed PEST/Porter’s Five Forces and SWOT analysis.
- Event apps market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the event apps market.
- Detailed company profiles.
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Operating System, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The expected CAGR of the event apps market is 14.8%.
The global event apps market is expected to reach US$ 5.01 billion by 2031.
The key players holding majority shares in the global event apps market are Whova, Cvent Inc., Evenium, Eventbase Technology Inc., Livestorm, Meeting Application, On24, SpotMe, Webex Events (Formerly Socio), and Yapp Inc.
Hosting international events is anticipated to drive the market in the forecast period.
The positive impact of digitalization and increasing international events are some of the factors driving the event apps market.
North America is anticipated to dominate the event apps market in 2023.