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Event Management Software Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 23.51 Billion by 2030: Verified Market Research®
The “Global Event Management Software Market Size By Type (Premise, Cloud), By End-User (Consumer Electronics, Event Organizers And Planners), By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Event Management Software Market, including its growth prospects, market trends, and market challenges
JERSEY CITY, N.J., July 7, 2023 /PRNewswire/ — The Global Event Management Software Market is projected to grow at a CAGR of 11% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 10.2 Billion in 2022 and is expected to reach USD 23.51 Billion by the end of the forecast period.
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Browse in-depth TOC on “Event Management Software Market“
202 – Pages
126 – Tables
37 – Figures
Event Management Software Market: Expanding Digital Platforms and Business Insights Drive Global Growth
The global event management software market is experiencing substantial growth, fueled by the increasing utilization of digital platforms and the demand for data-driven insights. Event management software has emerged as a comprehensive solution for efficient coordination of logistics in various types of gatherings, including conferences, weddings, and other planned events. In a new market research report, Verified Market Research®, a leading market analysis firm, examines the key features and benefits of event management software, explores the driving forces behind its global market expansion, and highlights the challenges faced by software providers.
The rise of social media platforms, especially in digital event promotion and engagement, has significantly propelled the demand for event management software. By leveraging these platforms, event organizers can reach a wider audience, enhance event visibility, and increase attendee engagement. The integration of social media functionalities within event management software has become a critical driver for its adoption.
The increasing competition in the global market has compelled marketers to seek data-driven insights to gain a competitive edge. Event management software allows marketers to harness real-time data, providing valuable business insights necessary for effective organizational growth. This growing demand for data analytics further drives the expansion of the event management software market.
Technological advancements, such as the development of social media platforms and the widespread adoption of smartphones, have played a pivotal role in the market growth of event management software. These advancements have facilitated real-time communication, improved accessibility, and heightened the popularity of such software solutions among event organizers and attendees alike.
Moreover, the expanding use of smartphones worldwide, coupled with the expansion of internet services on mobile devices, has accelerated the demand for event management software. This surge is particularly evident in the rising number of cultural events, including social gatherings, charity events, and fundraising activities. Even small and medium-sized enterprises (SMEs) are increasingly adopting event management software for their marketing initiatives, driving Event Management Software Market growth.
Despite the market’s tremendous potential, event management software providers face certain challenges. The lack of awareness and technical expertise in developing economies restricts the adoption of event management software, hindering its overall market growth potential. To fully harness the market’s potential, raising awareness and providing technical support in these regions is crucial.
Another significant challenge is the growing number of cyberattacks, which poses a threat to the event management software market. Data privacy and security are paramount concerns, and software providers must address these threats to maintain user trust and sustain market growth. Implementing robust security measures and ensuring data protection will be essential for the success of event management software providers.
Key Players in the Global Event Management Software Market:
- Pigeonhole Live
- Bubo Management
- ProClass
- Smeetz
- Slido
- ARC Business Solutions
- vCongress
- My School Dance
- Aventri, Inc.
- Cvent Inc.
The competitive landscape section of the market research report provides a comprehensive analysis of the key players’ market strategies, including key development strategies, market share, and market ranking analysis. These leading companies are continually innovating to enhance their offerings, address emerging market trends, and capture a significant share of the global event management software market.
The global event management software market is witnessing robust growth, driven by the expanding applications of digital platforms, the demand for data-driven business insights, and the proliferation of smartphones. However, challenges such as limited awareness in developing economies and cybersecurity threats need to be addressed to fully capitalize on the market’s potential. By overcoming these obstacles, event management software providers can drive innovation, enhance data security measures, and establish a strong foothold in the global market.
For further information, detailed market insights, and a comprehensive analysis of the Global Event Management Software Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Event Management Software Market into Type, End-User, And Geography.
- Event Management Software Market, by Type
- On-Premise
- Cloud
- Event Management Software Market, by End-User
- Consumer Electronics
- Event Organizers and Planners
- Education
- Corporate
- Others
- Event Management Software Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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Top Event Management Software beautifying success of international level events
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A new bill introduced in the U.S. House of Representatives, known as the Blockchain Integrity Act, seeks to address concerns surrounding the use of cryptocurrency mixers and tumblers. The proposed legislation aims to regulate these privacy-enhancing tools, which are often used to obscure the origins of cryptocurrency transactions.
The bill, if passed into law, would impose strict regulations on the operation of cryptocurrency mixers and tumblers within the United States. These tools, which allow users to mix their funds with those of other users to obfuscate the transaction trail, have raised concerns among law enforcement agencies and regulators due to their potential use in money laundering, terrorist financing, and other illicit activities.
Under the Blockchain Integrity Act, operators of cryptocurrency mixers and tumblers would be required to register with the Financial Crimes Enforcement Network (FinCEN) and comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. Failure to register or comply with these requirements could result in significant penalties, including fines and imprisonment.
The proposed legislation also seeks to empower law enforcement agencies to investigate and prosecute individuals and entities that operate unregistered cryptocurrency mixers and tumblers. By enhancing regulatory oversight and enforcement capabilities, the bill aims to safeguard the integrity of the blockchain ecosystem and prevent the illicit use of cryptocurrencies.
However, critics argue that the Blockchain Integrity Act could stifle innovation in the cryptocurrency space and infringe on individuals’ privacy rights. They contend that while cryptocurrency mixers and tumblers can be used for illicit purposes, they also serve legitimate privacy-enhancing functions, such as protecting users’ financial privacy and security.
The introduction of the Blockchain Integrity Act reflects growing concerns among policymakers about the potential risks associated with cryptocurrencies and their use in illicit activities. As lawmakers continue to grapple with these issues, it remains to be seen how the regulatory landscape for cryptocurrencies will evolve in the United States and around the world.
Source: cointelegraph.com
The post Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years appeared first on HIPTHER Alerts.
The government-owned KfW Bank, based in Germany, is delving further into its plans to issue digital bonds leveraging blockchain technology. This move underscores the institution’s commitment to exploring innovative financial solutions in the digital age.
The proposed digital bond issuance is poised to mark a significant milestone for KfW, as it seeks to embrace the transformative potential of blockchain technology. By tokenizing bonds on a blockchain platform, KfW aims to streamline the issuance process, enhance transparency, and optimize operational efficiency.
One of the key advantages of digital bonds lies in their potential to reduce the reliance on intermediaries and streamline the entire bond lifecycle. Through blockchain-based tokenization, KfW aims to automate various aspects of bond management, including interest payments and maturity settlements, thereby reducing the need for manual intervention and minimizing operational costs.
Moreover, digital bonds have the potential to enhance liquidity in the secondary market, allowing investors to trade bonds seamlessly on digital asset exchanges. This increased liquidity could attract a broader range of investors, thereby diversifying KfW’s investor base and potentially lowering borrowing costs.
In addition to the issuance of digital bonds, KfW is also exploring the integration of blockchain technology into other areas of its operations. By leveraging blockchain for various use cases, such as trade finance and supply chain management, KfW aims to unlock new efficiencies and drive greater transparency across its ecosystem.
Overall, KfW’s foray into blockchain-based digital bonds underscores its commitment to innovation and its recognition of the transformative potential of blockchain technology. As the institution continues to explore and implement blockchain solutions, it is poised to stay at the forefront of digital innovation in the financial sector.
Source: ledgerinsights.com
The post Government-owned KfW elaborates on blockchain digital bond plans appeared first on HIPTHER Alerts.
During the recent crypto bull market, blockchain education initiatives have gained significant traction as individuals seek to capitalize on the growing opportunities in the digital asset space. These initiatives aim to empower enthusiasts, developers, and professionals with the knowledge and skills needed to navigate the complex world of blockchain technology and cryptocurrencies.
As interest in blockchain continues to soar, educational platforms and programs have emerged to cater to the diverse needs of learners. These initiatives offer a wide range of courses, workshops, and resources covering various aspects of blockchain technology, including smart contracts, decentralized finance (DeFi), non-fungible tokens (NFTs), and more.
One of the key drivers behind the surge in blockchain education is the growing demand for blockchain talent in the job market. With companies across industries exploring blockchain solutions, there is a pressing need for skilled professionals who can design, develop, and implement blockchain-based applications. As a result, individuals are increasingly turning to educational initiatives to gain the necessary expertise and credentials to pursue lucrative career opportunities in the blockchain space.
Moreover, the crypto bull market has fueled interest in cryptocurrencies and digital assets, prompting individuals to seek comprehensive education on topics such as trading, investment strategies, and risk management. Blockchain education initiatives play a crucial role in providing individuals with the knowledge and tools they need to make informed decisions in the fast-paced and volatile crypto market.
In addition to traditional educational platforms, blockchain-focused communities, forums, and online resources have become invaluable sources of learning and knowledge-sharing. These communities provide a supportive environment for enthusiasts and professionals to exchange ideas, collaborate on projects, and stay updated on the latest developments in the blockchain industry.
Overall, blockchain education initiatives are playing a vital role in democratizing access to blockchain knowledge and empowering individuals to participate in the digital economy. As the crypto bull market continues to fuel interest in blockchain technology, these initiatives are expected to play an increasingly important role in shaping the future of the industry and driving innovation across sectors.
Source: cointelegraph.com
The post Blockchain education initiatives take off amid crypto bull market appeared first on HIPTHER Alerts.
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