Corporate Event Market Overview:
Maximize Market Research, a leading business consultancy has recently published a research report on the Corporate Event Market. The market overview provides a concise synopsis of a commercial or industrial market. Its purpose is to offer a current snapshot of the market to gain a better understanding of its key features. This summary reports profile the important criteria of a market to inform further marketing activities. The overview draws information from various sources, including government departments, trade and industry associations, market publications, industry analysis, individual companies, state economic development agencies, port authorities, information brokers, and other organizations.
Expected Expansion of Corporate Event Market:
Corporate Event Market was valued at US$ 7.01 Bn in 2023 and is expected to reach US$ 21.43 Bn by 2030, at a CAGR of 17.3% during the forecast period.
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Dynamics of the Corporate Event Market:
Both the packaging sector and commercial composite applications make extensive use of nanoclay. This is because the product enhances flame retardance by acting as an efficient nanofiller. End users of the market are increasing their investments in product research and development since they are always introducing new goods, which propels the expansion of the worldwide Corporate Event market. Growing demand for Corporate Event-based nanocomposites, rising disposable income, shifting lifestyles, and the expansion of the global automotive and aerospace sectors are the main drivers anticipated to propel market growth.
Corporate Event Market Segmentation:
by Type
Conference/ Seminars
Exhibitions
Incentive Programs
Company Meetings
Others
The corporate event market is broken down by kind, including company meetings, incentive programs, conferences and seminars, and exhibitions. In 2023, conferences and seminars will hold a 53.2% market share, dominating the corporate event industry. This is because more meetings are being held in a number of industries, mostly for training and motivational reasons. These industries include information technology, banking and finance, food and beverage, real estate and infrastructure, and automotive.
by Platform
Offline
Online
The corporate event market is divided into two segments based on platform: offline and online. Both online and physical platforms are available for corporate events. Due to COVID-19, offices were locked and most meetings were conducted online. In 2023, lockdowns were loosened globally, and offline corporate events began to reappear, but not on a large scale. As a result, online events dominated the corporate event market with a 54% market share.
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Corporate Event Market Key Players:
1. 360 destination group
2. Access destination services
3. BCD travel services B.V.
4. Bi worldwide
5. Cwt
6. Cievents
7. Creative group, inc.
8. ITA group
9. Maritz holdings inc.
10. Reed exhibitions ltd.
11. Google
12. Microsoft Teams
13. Zoom
14. Cisco Webex
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Key Questions Answered in the Corporate Event Market Report:
- What is the definition of the Corporate Event Market?
- What is the forecast period for the Corporate Event Market?
- What is the competitive scenario of the Corporate Event market?
- Which region holds the largest market share in the Corporate Event Market?
- What are the opportunities for the Corporate Event Market?
- What factors are affecting the growth of the Corporate Event market?
- Who are the key players in the Corporate Event market?
- Which company holds the largest share in the Corporate Event market?
- What will be the compound annual growth rate (CAGR) of the Corporate Event market during the forecast period?
- What key trends are likely to emerge in the Corporate Event market in the coming years?
Looking to gain insights into market trends? Explore the summary of the research report: https://www.maximizemarketresearch.com/market-report/corporate-event-market/148291/
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Market Segmentation: Detailed analysis by Corporate Event Market
- Landscape: Leading key players and other prominent participants.
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