Dublin, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The "Exhibition Organizing - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Exhibition Organizing Market to Reach $60.7 Billion by 2030
The global market for Exhibition Organizing estimated at US$19.7 Billion in the year 2022, is projected to reach a revised size of US$60.7 Billion by 2030, growing at a CAGR of 15.1% over the analysis period 2022-2030.
The analysis covers different types of exhibitions, such as art exhibitions, commercial exhibitions, academic exhibitions, and other applications, providing insights into their respective revenues and growth trends across different regions. This data offers a detailed view of the exhibition organizing industry, highlighting its historical performance and future prospects in various segments and geographic areas.
Art Exhibitions, one of the segments analyzed in the report, is projected to record 16.5% CAGR and reach US$33.3 Billion by the end of the analysis period. Growth in the Commercial Exhibitions segment is estimated at 14.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.3 Billion, While China is Forecast to Grow at 18.1% CAGR
The report presents a comprehensive analysis of the global exhibition organizing market. It includes data on annual sales from 2014 to 2030, recent and future revenue projections with corresponding growth rates for various geographic regions, historical revenue analysis from 2014 to 2021, and a 16-year perspective on the market.
The Exhibition Organizing market in the U.S. is estimated at US$7.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.3 Billion by the year 2030 trailing a CAGR of 18.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.2% and 13.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.8% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 360 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $19.7 Billion |
| Forecasted Market Value (USD) by 2030 | $60.7 Billion |
| Compound Annual Growth Rate | 15.1% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Impact of Covid-19 and a Looming Global Recession
- World Shifts to an Endemic COVID-19 Strategy With Focus on Multilateral Approach to Managing Future Pandemics
- War & Inflation Supersedes COVID-19 as Major Downside Risks for the Global Economy in 2022
- World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
- COVID-19 Spells Doom for Global Market
- COVID-19 Effect on Global Event Activities: Estimated Percentage Change in Event Revenues for 1H 2020 over 1H 2019
- Select Major Events and Direct Losses (in US$ Million) due to Cancellations
- COVID-19 Crisis Similar to 2008 Financial Crisis for Event Industry
- 14 Major Events Cancelled or Deferred or Conducted Virtually due to COVID-19
- Specter of COVID-19-Induced Challenges Prompt Events Industry to Bet on Virtual Event
- Virtual Events Gain Prominence
- Competition
- Exhibition Organizing - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- GLOBAL MARKET OVERVIEW AND ANALYSIS
- Global Exhibition Organizing Market Set to Display Spectacular Performance
- North America Steals Show on Global Exhibition Organizing Market
- US B2B Exhibition Industry Marches Ahead with Robust Recovery
- Art Exhibitions Hold a Major Share of the Market
- Global Exhibition Organizing Market: Prominent Drivers & Restraints
- Market Restraint: Rising Concerns over Terrorism
- Market Outlook: Global Exhibitions Market Heads towards Expedited Recovery after Headwinds
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Digitalization Emerges as Humming Trend in Exhibitions in Post-Pandemic World
- Digitalization in Exhibition Space Paving Way for Smart Events
- Digital Technology is Almost Omnipresent in Exhibition Organizing World
- Adoption of Smart Events Set to Rise
- Slew of Technology Trends Making Big Difference to Event & Exhibition Organizing
- Contactless Technology
- Wearable Event Technology
- Live Streaming, Translation & Polls
- Event Gamification & Matchmaking Algorithms
- AR & VR and More Bandwidth
- Going Hybrid
- RFID, Geofencing & Wayfinding
- QR Codes & Holograms
- Social Media & Community Forums
- Outdoor Spaces & Better Studio Areas
- Hybrid Model: The New Fad
- Mega Hybrid Event Trends that Exhibition Organizers Need to Focus On
- Triumphant Trends with Transformative Implications for Events & Exhibitions
- Metaverse Bodes Significant Opportunities for Exhibition Organizing
- Increasing Use of Non-Fungible Tokens (NFTs) to Support Market Growth
- Global Market Capitalization of NFT Transactions (In US$ Million) for Years 2018 Through 2022
- Enhanced Internet Network Capabilities to Support Large Scale Adoption of Exhibition Organizing
- Breakdown of Internet Users (in %) by Region: 2021
- Internet Penetration Rate (%) in Select Countries: 2021
- Increasing Usage of Smartphones to Drive Growth of Exhibition Organizing Market
- Worldwide Smartphone Sales (in Million Units) by Geographic Region/Country for the Years 2018 & 2022
- Smartphone Adoption Worldwide by Region (in %): 2018 & 2025
- Virtual Events Continue to Evolve
- Growing Focus On Sustainability
FOCUS ON SELECT PLAYERS(Total 99 Featured)
- Chronical Specials Events and Promotions India Pvt., Ltd. (Chronicle Exhibits)
- Craftworld Events Management Company
- Garment Technology Expo Pvt., Ltd.
- Countrywide Events Pvt., Ltd.
- Forum S.A.
- Coconnex
- EXHIBIT Global
- GAT International Co., Ltd.
- BBN Congress Management Agency
- ConvExx
- Clarion Events Ltd
- Fiera Milano S.p.A.
- EIC Exhibitions LLC
- Global Experience Specialists, Inc. (GES)
- Axis Exhibition Organizers
For more information about this report visit https://www.researchandmarkets.com/r/ocjbwa
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