The latest market report published by Credence Research, Inc. “Global Events and Exhibitions Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The Events and exhibitions market has witnessed steady growth in recent years and is expected to continue growing at a CAGR of 3.50 % between 2023 and 2030. The market was valued at USD 8.9 billion in 2022 and is expected to reach USD 11.3 billion in 2030.
Events and exhibitions market provides key insights into the industry, including market segmentation, drivers, challenges, and growth opportunities. The report analyzes the market based on exhibition type, revenue stream, industry type, and region, highlighting the significant growth potential and the obstacles faced by the industry.
According to the report, the B2B category accounted for the majority of the Europe exhibitions & events market, with the exhibitors’ fees and services being the leading revenue stream segments. The Automotive & Transportation industry type is outpacing other sectors in terms of demand, and Western Europe is leading the market in terms of growth.
The Europe events and exhibitions market is driven by factors such as a growing interest in trade shows and exhibitions, as well as a rising interest in hybrid events. However, the market faces challenges from the impact of the COVID-19 pandemic on the industry and increased competition from alternative marketing channels and platforms.
Browse 210 pages report Events and Exhibitions Market By Exhibition TypeB2B (Mixed, B2C) By Revenue Stream (Exhibitor Fees, Services, Sponsorship Fees, Entrance Fees)-Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/events-and-exhibitions-market
Despite the challenges, the Europe events and exhibitions market offers significant growth potential, particularly in virtual events and exhibitions that broaden horizons and promote sustainability. The report also highlights the future expansion of the industry into emerging markets and new industries.
The report emphasizes the growing interest in trade shows and exhibitions, as well as hybrid events, as key drivers of the Europe events and exhibitions market. It also acknowledges the challenges faced by the market, including the impact of the COVID-19 pandemic and increased competition from alternative marketing channels and platforms. The report further highlights the growth opportunities in the market, particularly in virtual events and exhibitions and sustainability practices.
Events and Exhibitions Market Top Trends report provides a comprehensive analysis of the current landscape in this dynamic industry. As technology continues to advance, it has become evident that virtual events are on the rise, offering immersive experiences from the comfort of one’s own home. Additionally, sustainability is gaining momentum as an important trend, with event organizers making conscious efforts to reduce waste and carbon footprint. Another notable trend is the incorporation of interactive elements within exhibitions, allowing attendees to actively engage and participate in unique ways. Furthermore, personalization is becoming increasingly significant, with event planners tailoring experiences based on individual preferences and interests.
Why to Buy This Report-
- The report provides a qualitative as well as quantitative analysis of the global Events and Exhibitions Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
- The report includes information on the competitive landscape, such as how the market’s top competitors operate at the global, regional, and country levels.
- Major nations in each region with their import/export statistics
- The global Events and Exhibitions Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
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