Event Management Tools Procurement Intelligence
The event management tools category is expected to grow at a CAGR of 14.1% from 2023 to 2030.
The North American region accounts for the largest category share, while the APAC region is anticipated to be the fastest-growing region in the forecast period. North America is the most technologically advanced region in the world and possesses numerous medium to large players, which use excellent advanced equipment tools to hold numerous events. The growth of the category in the region is rising due to numerous factors including the increasing number of film festivals, marathons, private events, and athletics events at educational institutions. The U.S. itself holds more than 800 music festivals in a year with millions of attendees attending the events.
Order your copy of the Event Management Tools category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Event Management Tools Procurement Intelligence Report Scope
The Event Management Tools category is expected to have pricing growth outlook of 8% - 10% from 2023 to 2030, with below pricing models.
- Subscription-based pricing model
- Commission-based Pricing model
Supplier Selection Scope of Report
- Cost and pricing
- Past engagements
- Productivity
- Geographical presence
Supplier selection criteria of Report
- By Event Format – (In-person, Hybrid, Virtual)
- Type – (Networking, Conferences, Internal Events)
- Industry
- Role
- Ease of Use
- Reliability and Uptime
- Technical specifications
- Operational capabilities
- Regulatory standards and mandates
- Category innovations
- others
Event Management Tools Procurement Intelligence Report Coverage
Grand View Research will cover the following aspects in the report:
- Market Intelligence along with emerging technology and regulatory landscape
- Market estimates and forecasts from 2022 to 2030
- Growth opportunities, trends, and driver analysis
- Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developments
- Porter’s 5 forces
- Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis
- Engagement and operating models, KPI, and SLA elements
- LCC/BCC analysis and negotiation strategies
- Peer benchmarking and product analysis
- Market report in PDF, Excel, and PPT and online dashboard versions
Event Management Tools Procurement Cost and Supplier Intelligence
The cost of the category depends upon the platform for development, connectivity through GPS, social features, and integration of APIs. Licensing, installation, training, maintenance, and additional custom value-added services further add up to the total cost. Customized event management software can be built between the ranges of USD 20,000 to 50,000 depending upon the varying functionalities. Eventbrite, the world’s largest events marketplace, price goes up to USD 159 per month. Cvent Inc. charges around USD 660 per year for providing management software. Zoho Backstage, an all-in-one event software platform, charges nearly USD 300 per month. Prices fluctuate based on the requirement of the client for the event.
Identification of requirements is crucial for category sourcing, followed by research about available suppliers, evaluation of software features, consideration of price, and licensing. Requesting trials and demos and checking for software integration and compatibility is necessary. Ensuring the software requirement matches desired output by identifying the event requirements. A well-rounded assessment is required by examining the needs through IT personnel, data experts, and category professionals. Depending upon the requirement, various software is available like Eventbrite for ticketing platform with a small budget, Swoogo for virtual, hybrid, and live events, Rainfocus for virtual events, Aventri and Cvent for larger budgeted events, and Brella for increasing networking and integrating full-scale software.
List of Key Suppliers
- Aventri Inc.
- ACTIVE Network
- Cvent Inc.
- Eventbrite
- Rainfocus
- Zoho Corporation
- Eventzilla
- Bizzabo
- EventMobi
- Certain, Inc.
Add-on Services provided by Grand View Research Pipeline:
- Should Cost Analysis
Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process
- Rate Benchmarking
Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier
- Salary Benchmarking
Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.
- Supplier Newsletter
A typical newsletter study by capturing latest information for specific suppliers related to: MAs, technological innovations, expansion, litigations, bankruptcy etc.
Browse through Grand View Research’s collection of procurement intelligence studies:
Enzymes Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement Operating Model, Competitive Landscape)
Cold Chain Logistics Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement Operating Model, Competitive Landscape)
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
- Market Intelligence involving – market size and forecast, growth factors, and driving trends
- Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
- Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
- Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
