Europe Events Market By Service (Strategy, Planning, Budget And Development, Communication And Logistics, Attendees Management And Engagement, Event Catering, Virtual Or Hybrid Event Enabler, Personnel Services, Location Rental, Furniture/Equipment/Music Service Rentals, Team Building/Experience Providers), By Type (Meeting And Conference, Seminars, Exhibition, Incentive, Others), By Smes (Small And Medium Enterprises, Large Enterprises), : Opportunity Analysis and Industry Forecast, 2020-2030
The Europe events market size was valued at $31,425.0 million in 2020 and is expected to reach $123,851.6 million by 2030, registering a CAGR of 8.7% from 2021 to 2030. Corporate event refers to public gathering at a predetermined time and place for incentive group events, marketing events, product launches, company general meetings, corporate retreats, or training programs, conference/seminar, and tradeshows/exhibition. The purpose for staging an event can be increase in business profitability, celebratory, and community causes. Corporate events help to build and strengthen relationship with existing and future clients and agencies. It serves as a way of conveying a message to inspire and motivate employees, stakeholders, and business associates. The key stakeholders within the events industry are corporate organizations, public & private organizations, and similar others.
The growth of the Europe events market is driven by massive increase in business activities such as conference/seminar, brand promotions, and employee training activities, rapid development of the tourism & hospitability sectors, and expansion of IT hubs in Europe. Other significant factors that promote the growth of the market include rise in business travel coupled with change in lifestyle of business travelers to seek leisure trips, rapid urbanization, and increase in disposable incomes. Therefore, surge in business activities fuels the demand for the services of event planners, personnel service providers, furniture & equipment rental services, and other components of the corporate events. Furthermore, deployment of best-in-class technology that can handle the entire event propels the industry growth. Moreover, customarily held multi-dimensional events act as a key driver of the Europe events market.
Moreover, surge in government initiatives to promote SMEs by providing fund to deploy advanced technology and liberalization of market entry to increase foreign direct investment (FDIs) are anticipated to boost the market growth. Europe is characterized by the presence of huge number of small and medium enterprises (SMEs), which is a significant contributor to the growth of the Europe events industry. According to the European Commission, around 99% of the overall businesses in Europe represents SMEs.
The Europe events industry is segmented into service, type, SMEs, and country. On the basis of service, the market is divided into strategy, planning, budget and development, communication and logistics, attendee management and engagement, event catering, virtual or hybrid event enabler, personnel services, location rental, furniture/equipment/music service rentals, and team building/experience providers. On the basis of type, it is segregated into meeting and conference, seminars, exhibition, incentive, and others. By SMEs, it is fragmented into small and medium enterprises and large enterprises. Depending on the country, the Europe events industry is analyzed across Italy, Sweden, Spain, France, UK, Germany, and Netherlands.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the europe events market analysis from 2020 to 2030 to identify the prevailing europe events market opportunity.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the europe events market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the regional market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as regional europe events market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Service
Strategy, Planning, Budget And Development
Communication And Logistics
Attendees Management And Engagement
Event Catering
Virtual Or Hybrid Event Enabler
Personnel Services
Location Rental
Furniture/Equipment/Music Service Rentals
Team Building/Experience Providers
By Type
Meeting And Conference
Seminars
Exhibition
Incentive
Others
By Smes
Small And Medium Enterprises
Large Enterprises
By Region
Europe
Italy
Sweden
Spain
France
UK
Germany
Netherlands
Key Market Players
compass group
dorier group
elior group
Europa International
Event Security Management Ltd.
Intelligent (UK Holdings) Limited
London Filmed
Martin Audio Ltd
the creative engagement group
Titan Security Europe
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