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Third party legwork can consist of registration, promotional items, air manifest, air bookings, transportation, food and beverage, audiovisual production, collection of information, collection of speaker notes, agendas, and on-site logistics. Compression of the market is huge. The larger groups are booking out at three to five years now.
According to Grandview Research , the industry is estimated to grow to $14.48B in 2028 — up from $6.36B in 2021). Can I monitor event registration and campaign performance in real time? How many payment processors/types does your registration platform support? These numbers are current as of August 2023.)
What’s more, Verified Market Research , a leading global research and consulting firm, expects the global events industry to bring in a whopping $2.194 trillion by 2028 — quite the uptick from the $887 billion the market commanded in 2020. Case in point: On the Bizzabo platform, 51% of events in January 2023 were virtual.
” While “value” could be the revenue generated from registrations, it could also include sponsorships and partnerships, leads added to the sales pipeline, the number of people who attended the event, the satisfaction of attendees, and more. . Increase Event Registrations. # of Registrations. Business Goals.
” While “value” could be the revenue generated from registrations, it could also include sponsorships and partnerships, leads added to the sales pipeline, the number of people who attended the event, the satisfaction of attendees, and more. Note that “value” is a much broader term than “event revenue.”
What’s more, Verified Market Research , a leading global research and consulting firm, expects the global events industry to bring in a whopping $2.194 trillion by 2028 — quite the uptick from the $887 billion the market commanded in 2020. 54% of virtual event registrants convert to virtual attendees. Bizzabo , 2020). Bizzabo , 2020).
between 2021 and 2028, according to Grand View Research. Registration and fees currently cost $600 USD. Event planning is a lucrative and evergreen career choice. The global event management market is estimated to be worth $6.36 billion and is projected to grow at a rate of 12.5% Fee Structure. Benefits CEPS Certification.
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