Facebook
Twitterhttps://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
The Trade Show and Conference Planning industry has weathered turbulent conditions as clients in nearly all sectors, including corporations, government agencies and nonprofit organizations, were affected by the volatility induced by the COVID-19 pandemic. Typically, demand for trade shows and conferences is influenced by economic conditions, domestic business activity, consumer spending and tourism trends. However, the fallout from the pandemic resulted in the most significant single-year contraction in industry history, interrupting revenue growth. Following the downturn, a return to growth in the broader economy and a resurgence in both domestic and international events bolstered in-person events as business activity picked up. While economic conditions have normalized, volatility will propel overall industry revenue to grow at an outsized CAGR of 12.7% to $24.2 billion through 2025. In 2025, the industry will remain on an upward trajectory, with revenue forecast to increase 1.4%, and profitability continuing to widen, approaching pre-pandemic highs. The ability to resume regular events created conditions never before seen for trade shows and conferences. Following a more than 40.0% contraction in revenue in 2020, industrywide sales jumped almost 50.0% in 2022 alone. The pandemic served as a catalyst for digital innovation, which has fundamentally reshaped the industry, ushering in an era of greater accessibility. Virtual and hybrid events have become a permanent staple, enabling companies to expand their reach and engage with a broader audience. In the coming years, these event models will become a permanent fixture, even as clients still find value in in-person events. The industry will continue to grow as the number of trade shows and events grows in line with an expanding economy, alongside greater investments in convention centers. Corporate profit and advertising expenditure are both forecast to climb, as many domestic businesses will allocate spending toward trade shows, conferences and exhibitions. Consumers, too, will be better positioned to spend at events, aiding attendance rates at shows and events. As a result, industry revenue is expected to rise at a CAGR of 0.8% to $25.2 billion through 2030.
Facebook
Twitterhttps://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Event and Exhibition Market Report is Segmented by Event Type (Meetings, Incentives, and More), Service Type (Event Planning and Management, Venue Rental, and More), Venue Type (Convention Centers, Hotels and Resorts, and More), Industry Vertical (IT and Telecom, Healthcare and Pharmaceuticals, BFSI, Hospitality, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).
Facebook
Twitterhttps://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
Over the past five years, the most significant trend in Canada’s trade show and event planning industry has been its resilience amid pronounced economics disruption and shifting client expectations. The pandemic triggered a sudden, dramatic decline in in-person gatherings, forcing organizers to rapidly pivot toward virtual and hybrid models. As pandemic restrictions eased, a measured rebound began, but the landscape had fundamentally changed: clients now prioritized flexibility, measurable ROI and cost-effectiveness, with many wary of committing to large, in-person events at pre-pandemic frequencies or scales. The industry’s profitability reflected these swings, suffering a steep rise during the beginning of restrictions and seeing seesaw but gradual decline as event activity resumed, with profit margin compressed by increased spending on technology and evolving safety protocols. Over the past five years, the industry saw a -0.5% CAGR, and, despite a 1.7% revenue increase this year, revenue remained at just $2.9 billion at the end of 2025, below its pre-pandemic baseline. A second major trend was market fragmentation and rising competition, largely due to low entry barriers. The boom in virtual event technologies lowered costs for new entrants, while large firms expanded into related service areas, intensifying pressure on pricing and profit margin. Buyers became more price-sensitive, leveraging abundant alternatives to negotiate lower rates or demand additional services. Meanwhile, the push for personalized and niche gatherings often meant smaller events with reduced sponsorship and exhibition revenues. Inflationary pressure, supply chain disruptions and ongoing public health uncertainties all further complicated recovery, predominantly affecting smaller or less adaptable firms. Looking ahead, the industry is poised for a return to steady, positive growth as macroeconomic confidence rebuilds and travel activity increases. The embrace of hybrid models will broaden access, driving up attendance and engagement from both domestic and international markets. Rising focus on sustainability, inclusivity and advanced event technologies is expected to open new revenue streams and attract a more diverse client base. Partnerships between organizers, venues and tech providers will enhance operational resilience and enable more ambitious programming. As postponed events are rescheduled and new formats gain traction, event planners who can offer innovative and data-driven experiences will be best positioned to benefit from the upswing. Industry revenue is forecast to grow at a 2.1% CAGR over the next five years, reaching $3.3 billion by the end of 2030.
Facebook
Twitterhttps://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The size of the Trade Show Services market was valued at USD XXX million in 2024 and is projected to reach USD XXX million by 2033, with an expected CAGR of XX% during the forecast period.
Facebook
Twitterhttps://www.marketresearchforecast.com/privacy-policyhttps://www.marketresearchforecast.com/privacy-policy
Discover the booming global trade show services market! This in-depth analysis reveals key trends, growth drivers, restraints, and regional market shares from 2019-2033, forecasting significant expansion across key sectors like technology and healthcare. Explore market size, CAGR, and top players shaping the future of exhibitions.
Facebook
Twitterhttps://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The global large exhibition market is experiencing robust growth, driven by increasing corporate events, product launches, and trade shows. The market's size in 2025 is estimated at $150 billion, reflecting a Compound Annual Growth Rate (CAGR) of approximately 7% between 2019 and 2024. This growth is fueled by several key trends: the rise of hybrid and virtual exhibition formats catering to broader audiences; increased adoption of advanced technologies such as augmented reality and virtual reality for immersive experiences; and a growing preference for larger, more sophisticated exhibition spaces that offer networking opportunities and enhanced visitor engagement. Furthermore, the expanding global economy and burgeoning industries in developing economies are significantly contributing to market expansion. Key players like Fiera Milano SpA, Deutsche Messe AG, and Messe Frankfurt GmbH are strategically investing in innovative technologies and expanding their global reach, reinforcing the market's competitive landscape. However, the market faces some constraints. Economic downturns and geopolitical uncertainties can impact spending on large exhibitions. Furthermore, the high costs associated with venue rental, logistics, and technology integration can deter some companies. Overcoming these challenges will require strategic pricing models, greater flexibility in event formats, and a sustained focus on delivering exceptional return on investment for exhibitors and attendees. Segmentation within the market includes various types of exhibitions (e.g., trade shows, consumer shows, conferences), each with its own growth trajectory and key players. Geographic distribution of the market shows strong concentration in developed regions, with significant growth potential in emerging markets. The forecast period of 2025-2033 anticipates continued growth, although the CAGR may moderate slightly as the market matures and consolidates.
Facebook
Twitterhttps://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/
Exhibition Market size was valued at USD 66.33 Billion in 2024 and is projected to reach USD 95.52 Billion by 2031, growing at a CAGR of 5.10% during the forecast period 2024-2031.Global Exhibition Market DriversNetworking Opportunities: Exhibitions provide platforms for businesses to connect with potential clients, partners, and industry peers.Product Launches and Demonstrations: Exhibitions offer a stage to showcase new products, services, and technologies to a targeted audience.Market Research and Competitor Analysis: Exhibiting allows businesses to gather valuable market insights and assess competitors' offerings.Global Exhibition Market RestraintsEconomic Downturns: Economic recessions can lead to reduced exhibition participation as businesses cut back on marketing budgets.High Costs: Participating in exhibitions can be expensive, including booth rental, travel, and marketing expenses.Competition: The increasing number of exhibitions can make it challenging for businesses to stand out and attract visitors.
Facebook
Twitterhttps://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy
According to our latest research, the global trade show market size reached USD 56.7 billion in 2024, reflecting a robust recovery and renewed industry confidence following pandemic disruptions. The market is projected to expand at a CAGR of 4.9% from 2025 to 2033, reaching an estimated USD 87.6 billion by 2033. This growth is primarily driven by the resurgence of in-person events, increasing hybrid event adoption, and the growing importance of trade shows as platforms for business networking, product launches, and brand visibility in an increasingly globalized economy.
The primary growth factor for the trade show market is the increasing demand for face-to-face business interactions and experiential marketing. As digital fatigue sets in and businesses seek to differentiate themselves in crowded markets, trade shows provide unparalleled opportunities for direct engagement, relationship building, and live product demonstrations. The return of large-scale physical events post-COVID-19 has reignited interest among exhibitors and attendees alike, with companies leveraging these platforms to launch new products, expand their networks, and gain valuable market insights. Additionally, the ability to gather targeted audiences in a single location enhances lead generation and conversion rates, making trade shows a critical component of marketing strategies across diverse industries.
Another significant driver is the rapid technological transformation within the trade show industry. The integration of digital tools such as event management software, virtual booths, augmented reality, and data analytics has redefined the attendee experience and increased the value proposition for exhibitors. Hybrid event models, which combine physical and virtual components, have emerged as a resilient solution, enabling broader participation and extended reach beyond geographical constraints. This digital evolution has not only improved operational efficiency but has also provided organizers with new revenue streams, including virtual ticket sales and digital sponsorships, further propelling market growth.
Moreover, the globalization of business and the expansion of emerging markets have contributed to the surge in trade show activities worldwide. Companies are increasingly looking to enter new regions, establish international partnerships, and tap into evolving consumer trends. Trade shows serve as vital gateways for cross-border collaboration and market entry, particularly in sectors such as technology, healthcare, and consumer goods. The growing participation of small and medium-sized enterprises (SMEs) and startups, supported by government initiatives and industry associations, is also fostering market dynamism and innovation, making the trade show sector more inclusive and diverse.
Regionally, Asia Pacific is emerging as a powerhouse in the trade show market, driven by rapid urbanization, a burgeoning middle class, and robust industrial growth in countries like China, India, and Southeast Asia. North America continues to hold a significant share, benefiting from a mature event infrastructure and a strong culture of business conventions. Europe remains a key market, with established exhibition centers and a tradition of international trade fairs. Meanwhile, the Middle East & Africa and Latin America are witnessing increased investments in event venues and growing interest from global exhibitors, signaling promising growth opportunities in these regions.
The trade show market can be segmented by type into B2B (business-to-business), B2C (business-to-consumer), and Hybrid formats. The B2B segment has historically dominated the market, accounting for a substantial portion of revenues due to its focus on industry-specific exhibitions, professional networking, and high-value transactions. B2B trade shows are particularly prevalent in sectors such as technology, manufacturing, and healthcare, where decision-makers seek to establish partnerships, source suppliers, and stay abreast of industry trends. These events are characterized by targeted attendee profiles, tailored content, and a strong emphasis on knowledge exchange, making them indispensable for corporate growth and innovation.
In contrast, the B2C segment has gained momentum in recent years, especially in consumer-driven industries
Facebook
Twitterhttps://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
Discover the booming convention & exhibition market! Explore key trends, leading players (Freeman, Informa, RELX), and projected growth (7% CAGR) through 2033. This comprehensive analysis reveals opportunities and challenges in this dynamic industry.
Facebook
Twitterhttps://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
The Trade Show & Event Planning industry in Louisiana is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.
Facebook
Twitter
As per our latest research, the global trade show market size in 2024 is valued at USD 38.2 billion, reflecting the industryÂ’s robust recovery and renewed momentum post-pandemic. The market is poised to expand at a healthy CAGR of 5.6% from 2025 to 2033, reaching a projected value of USD 62.5 billion by the end of the forecast period. This growth is underpinned by the resurgence of in-person business events, rapid digital transformation in event management, and a growing emphasis on experiential marketing by enterprises worldwide.
One of the primary growth factors driving the trade show market is the increasing recognition of trade shows as a critical platform for business networking, lead generation, and brand positioning. Companies across various sectors are leveraging trade shows to launch new products, foster partnerships, and gain direct access to potential clients and industry peers. As global economies rebound and supply chains stabilize, organizations are reinvesting in live events to regain market share and accelerate business development. The integration of digital tools, such as event management software, data analytics, and interactive technologies, has further enhanced the value proposition of trade shows, enabling exhibitors and attendees to maximize their return on investment.
Another significant driver is the evolution of hybrid and virtual event formats, which have democratized access to trade shows and expanded their reach beyond geographical constraints. The pandemic acted as a catalyst for digital adoption, prompting organizers to develop sophisticated virtual platforms that facilitate real-time interactions, immersive product demonstrations, and seamless networking experiences. While physical events remain irreplaceable for tactile engagement and relationship-building, the hybrid model offers unparalleled flexibility, allowing participants to choose their preferred mode of attendance. This hybridization has not only increased overall participation but also provided organizers with new revenue streams and insights through digital analytics.
Additionally, the trade show market is witnessing robust demand from emerging industries such as technology, healthcare, and sustainable manufacturing. These sectors are characterized by rapid innovation cycles and intense competition, making trade shows an essential venue for showcasing cutting-edge solutions and staying abreast of industry trends. The growing emphasis on sustainability and eco-friendly event practices is also shaping the market landscape, with organizers adopting green initiatives to attract environmentally conscious exhibitors and attendees. The convergence of digital transformation, sectoral innovation, and sustainability is expected to fuel sustained growth in the trade show market over the next decade.
Fashion Trade Show Travel has become an integral aspect of the trade show industry, particularly in the fashion sector where the global nature of the market necessitates frequent travel. These events serve as a crucial platform for designers, brands, and buyers to converge, exchange ideas, and showcase the latest trends. The travel associated with fashion trade shows not only facilitates the global exchange of fashion ideas but also supports the tourism and hospitality industries in host cities. As the fashion industry continues to globalize, the importance of travel in connecting markets and fostering international collaborations cannot be overstated. This dynamic interaction between travel and fashion trade shows underscores the interconnectedness of global markets and the role of trade shows in bridging cultural and commercial gaps.
Regionally, North America continues to dominate the trade show market, accounting for the largest revenue share in 2024, followed closely by Europe and Asia Pacific. The United States, in particular, remains a global hub for trade shows, driven by a mature events infrastructure, high corporate spending, and a culture of innovation. Meanwhile, Asia Pacific is emerging as the fastest-growing region, propelled by rapid industrialization, expanding middle-class populations, and increasing investments in business tourism. Latin America and the Middle East & Africa are also witnessing steady growth, supported by government initiatives to promote trade and investme
Facebook
Twitterhttps://www.technavio.com/content/privacy-noticehttps://www.technavio.com/content/privacy-notice
Exhibition Organizing Market Size 2025-2029
The exhibition organizing market size is forecast to increase by USD 8.95 billion, at a CAGR of 5.6% between 2024 and 2029.
The market is experiencing significant growth, driven by the increasing contribution of exhibitions to national economies and employment. These events serve as vital platforms for businesses to showcase their offerings, forge new partnerships, and expand their customer base. A notable trend in the market is the increasing adoption of geo-cloning, where organizers replicate successful event formats across multiple locations. However, this market is not without challenges. The growing threat of terrorism poses a significant risk to exhibitions, necessitating robust security measures and contingency plans.
Organizations must navigate these challenges while capitalizing on the opportunities presented by the expanding market. To succeed, they must stay abreast of the latest trends, invest in innovative technologies, and prioritize the safety and satisfaction of attendees. By doing so, they can effectively engage with their target audience, build strong brand presence, and drive business growth.
What will be the Size of the Exhibition Organizing Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample
The market continues to evolve, with dynamic market activities unfolding across various sectors. Seamless integration of interactive platforms, event app development, insurance coverage, workshop facilitation, lead generation, team collaboration, risk management, project management, data privacy, social media marketing, booth design, hybrid events, sustainability initiatives, lighting design, interactive displays, media coverage, and catering services are essential components of successful exhibitions. These elements are not static but rather continuously evolving, with innovation driving the market forward. For instance, the rise of virtual exhibitions and hybrid events has led to the development of advanced technology solutions for delegate registration, online registration, performance measurement, and data analytics.
Moreover, sustainability initiatives have become increasingly important, with exhibitors and organizers focusing on reducing their carbon footprint through the use of eco-friendly materials, energy-efficient lighting, and waste management strategies. Budget management, compliance standards, and security protocols remain critical aspects of exhibition management, with organizers leveraging event technology, stand construction, and exhibition promotion to optimize resources and maximize returns on investment. Effective contract negotiation, technology integration, and floor planning are also crucial for successful exhibitions, with public relations and exhibition marketing playing a significant role in building brand awareness and generating leads. In the ever-changing exhibition organizing landscape, adaptability and innovation are key to staying competitive and delivering exceptional experiences for attendees and exhibitors alike.
How is this Exhibition Organizing Industry segmented?
The exhibition organizing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
Art exhibitions
Academic exhibitions
Commercial exhibitions
Others
Type
5000-20000 sqm
20000-100000 sqm
More than 100000 sqm
Geography
North America
US
Canada
Europe
France
Germany
Italy
The Netherlands
UK
APAC
China
India
Japan
Rest of World (ROW)
By Application Insights
The art exhibitions segment is estimated to witness significant growth during the forecast period.
The market encompasses various segments, with art exhibitions holding a prominent role. This sector caters to the growing demand for artistic expression and cultural exchange, offering a platform for diverse artists, collectors, enthusiasts, and the public to engage with a range of artistic creations. Organizers meticulously curate exhibitions, bringing together works from different cultures and time periods, resulting in a captivating and immersive experience. Artists greatly benefit from this platform, as it provides an opportunity to showcase their work to a broader audience. Art exhibitions attract a diverse crowd, including art lovers, collectors, gallery owners, and potential buyers, who can interact with the artworks.
Liability management is crucial in this context, ensuring the safety and security of both the artworks and attendees. Sponsorship packages, seminar organization, and speaker recruitment are essential compon
Facebook
Twitter
According to our latest research, the global Trade Show Lead Retrieval market size was valued at USD 1.17 billion in 2024, with a robust compound annual growth rate (CAGR) of 9.8% anticipated through the forecast period. By 2033, the market is expected to reach USD 2.74 billion, reflecting the increasing adoption of digital solutions to enhance lead management and conversion at trade shows worldwide. The market's growth is primarily driven by the urgent need for efficient, real-time lead capture and analytics solutions, as well as the proliferation of hybrid and virtual trade show formats.
A key growth factor for the Trade Show Lead Retrieval market is the rapid digital transformation within the events industry. As exhibitors and event organizers seek to maximize their return on investment, the demand for sophisticated lead retrieval systems that offer real-time data capture, seamless integration with CRM platforms, and actionable analytics has surged. The rise in adoption of mobile applications and cloud-based solutions has made it easier for businesses of all sizes to implement these technologies, thereby streamlining the process of collecting, qualifying, and following up with leads. Additionally, the shift towards data-driven marketing strategies has led to a greater emphasis on capturing high-quality leads and measuring event performance, further fueling market expansion.
Another significant driver is the increasing frequency and scale of trade shows, exhibitions, and corporate events across various industries. As organizations recognize the value of face-to-face interactions for building business relationships, there is a growing focus on leveraging advanced lead retrieval tools to enhance attendee engagement and optimize lead generation efforts. The integration of technologies such as QR codes, NFC, and AI-powered analytics into lead retrieval systems has enabled exhibitors to capture detailed attendee information efficiently, personalize follow-up communications, and improve overall event ROI. This trend is particularly pronounced in sectors such as healthcare, technology, manufacturing, and retail, where lead quality and conversion rates are critical metrics.
Furthermore, the rise of hybrid and virtual event formats in the post-pandemic landscape has accelerated the adoption of cloud-based lead retrieval solutions. With organizations hosting events that combine physical and digital experiences, there is a heightened need for flexible, scalable lead management systems that can operate seamlessly across multiple channels. Cloud-based platforms offer the advantage of centralized data storage, real-time synchronization, and remote access, making them ideal for managing leads from both in-person and virtual attendees. This shift towards hybrid events is expected to continue driving demand for innovative lead retrieval technologies over the forecast period.
Regionally, North America continues to dominate the Trade Show Lead Retrieval market, accounting for the largest share in 2024 due to the high concentration of large-scale trade shows, advanced technological infrastructure, and early adoption of digital event solutions. However, the Asia Pacific region is poised for the fastest growth, with increasing investments in the events sector, rising digitalization, and a burgeoning small and medium enterprise (SME) landscape. Europe also remains a significant market, driven by a strong tradition of international exhibitions and a growing emphasis on data-driven event management. Latin America and the Middle East & Africa are witnessing steady growth, supported by expanding business networks and government initiatives to promote trade and investment.
The Component segment of the Trade Show Lead Retrieval market is categorized into hardware, software, and services, each playing a pivotal role in the overall ecosystem. Hardware solutions encompass devices su
Facebook
Twitterhttps://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
Discover the booming consumer exhibition fairs market! This in-depth analysis reveals key trends, growth drivers, and leading companies shaping this multi-billion dollar industry, along with insightful market forecasts to 2033. Learn about the impact of digitalization, hybrid events, and sustainable practices.
Facebook
Twitterhttps://www.wiseguyreports.com/pages/privacy-policyhttps://www.wiseguyreports.com/pages/privacy-policy
| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 41.8(USD Billion) |
| MARKET SIZE 2025 | 44.0(USD Billion) |
| MARKET SIZE 2035 | 75.0(USD Billion) |
| SEGMENTS COVERED | Event Type, Industry, Exhibition Size, Sales Channel, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | growth in international travel, increasing corporate events, rising digital technology integration, sustainability trends, demand for experiential marketing |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Reed Exhibitions, Informa, Messe Frankfurt, GL Events, Hannover Messe, Glyndebourne Productions, Emerald Expositions, UBM, Koelnmesse, Dubai World Trade Centre, fiera milano |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Virtual and hybrid event solutions, Sustainable event management practices, Emerging markets and destinations, Technology-driven attendee engagement, Enhanced safety protocols and measures |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.4% (2025 - 2035) |
Facebook
Twitterhttps://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
Discover the booming exhibition organizing market! Explore a $27.42B industry with a 5.33% CAGR, driven by digital innovations and strong demand. Learn about key players, market segments (art, commercial, academic), and regional trends in our comprehensive analysis.
Facebook
Twitterhttps://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
The Trade Show & Event Planning industry in New York is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments increased an annualized x.x% to x,xxx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.
Facebook
Twitterhttps://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/
Convention And Exhibition Market size was valued at USD 3.8 Billion in 2024 and is projected to reach USD 9.4 Billion by 2031, growing at a CAGR of 5.7 % during the forecast period 2024-2031.
Global Convention And Exhibition Market Drivers
A greater degree of globalization: Globalization has had a big impact on the market for conventions and exhibitions. The necessity for networking and cooperation increases as companies approach a global audience. Companies can display their goods, make connections with possible partners, and investigate new markets at trade exhibitions and conventions. Attendance at international events is increased and trade contacts are fostered by this cross-border interaction.
The Increasing Significance of Networking: In the modern business world, networking is essential to success. Digital platforms cannot replace the valuable in-person connections that are facilitated by conventions and exhibitions. Participants can work together on projects in real-time, build relationships, and exchange knowledge. Events have become more important for corporate development as a result of the desire for personal contacts in the digital age.
Facebook
Twitterhttps://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
Discover the booming exhibition organizing market! Explore a $30.88B industry with a 3.4% CAGR, driven by networking, technology, and diverse events. Learn about key players like RELX Group and Informa, plus regional trends impacting this dynamic sector. Project your business strategy with our comprehensive market analysis.
Facebook
Twitterhttps://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy
Discover the booming convention & exhibition market! Explore key trends, growth drivers, leading companies, and regional insights shaping this $50 billion industry. Learn about the projected 6% CAGR and future opportunities in this dynamic sector.
Facebook
Twitterhttps://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
The Trade Show and Conference Planning industry has weathered turbulent conditions as clients in nearly all sectors, including corporations, government agencies and nonprofit organizations, were affected by the volatility induced by the COVID-19 pandemic. Typically, demand for trade shows and conferences is influenced by economic conditions, domestic business activity, consumer spending and tourism trends. However, the fallout from the pandemic resulted in the most significant single-year contraction in industry history, interrupting revenue growth. Following the downturn, a return to growth in the broader economy and a resurgence in both domestic and international events bolstered in-person events as business activity picked up. While economic conditions have normalized, volatility will propel overall industry revenue to grow at an outsized CAGR of 12.7% to $24.2 billion through 2025. In 2025, the industry will remain on an upward trajectory, with revenue forecast to increase 1.4%, and profitability continuing to widen, approaching pre-pandemic highs. The ability to resume regular events created conditions never before seen for trade shows and conferences. Following a more than 40.0% contraction in revenue in 2020, industrywide sales jumped almost 50.0% in 2022 alone. The pandemic served as a catalyst for digital innovation, which has fundamentally reshaped the industry, ushering in an era of greater accessibility. Virtual and hybrid events have become a permanent staple, enabling companies to expand their reach and engage with a broader audience. In the coming years, these event models will become a permanent fixture, even as clients still find value in in-person events. The industry will continue to grow as the number of trade shows and events grows in line with an expanding economy, alongside greater investments in convention centers. Corporate profit and advertising expenditure are both forecast to climb, as many domestic businesses will allocate spending toward trade shows, conferences and exhibitions. Consumers, too, will be better positioned to spend at events, aiding attendance rates at shows and events. As a result, industry revenue is expected to rise at a CAGR of 0.8% to $25.2 billion through 2030.