Global Exhibition Organizing Market Report 2023: Sector is Expected to Reach $40.39 Billion by 2028 at a CAGR of 4.58% - ResearchAndMarkets.com

The "Exhibition Organizing Market by Area, Application, and Region 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global exhibition organizing market size reached US$ 30.88 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 40.39 Billion by 2028, exhibiting a CAGR of 4.58% during 2022-2028.

Companies Mentioned

• Coex
• Emerald Events
• Fiera Milano S.p.A.
• GL events
• Hong Kong Trade Development Council
• Koelnmesse GmbH
• Messe Frankfurt GmbH
• Messe Munchen GmbH
• NurnbergMesse GmbH
• RELX Plc
• Tokyo Big Sight Inc.

The increasing number of different events, government initiatives to organize exhibitions supporting artisans, and the rising usage of social media for promotional purposes represent some of the key factors driving the market.

An exhibition refers to an organized presentation and display of an exquisite selection of products and services. It assists in attracting a wider number of visitors and building new customer relationships. It is usually organized within an educational and cultural setting, including a library, museum, art gallery, park, and hall.

An exhibition is organized by planning a theme, finding locations and sponsors, marketing, generating sales, promoting, delivering a message, and building a brand. It is arranged by specialists to simplify the entire event, including the preparation, planning, and post-event stages. It provides the possibility to bring suppliers, buyers, purchase influencers, consultants, and the media together.

The increasing number of events, art and commercial exhibitions, and trade fairs represent one of the major factors driving the demand for exhibition organizing around the world. Moreover, the rising popularity of virtual events in small and medium-scale enterprises (SMEs) on account of rapid digitization and the increasing adoption of the remote working module is favoring the growth of the market.

These events rely on numerous collaborative tools, including polling, announcements, live chats, and live questions and answers (Q&A) columns, to improve the efficiency of the exhibition. In addition, the growing demand for exhibition management services and the emerging trend of theme parties are influencing the market positively.

Apart from this, several exhibition organizers are focusing on using social media for various promotional activities like celebrity endorsements, branding, and event invitations. Furthermore, the growing number of professional exhibition planners to address the evolving needs of clients is creating a positive outlook for the market.

Besides this, governing agencies of numerous countries are undertaking initiatives to organize exhibitions supporting artisans with design and promoting culture. They are also collaborating with social media influencers to promote exhibitions. Additionally, the increasing use of guest data for personalized services is propelling the growth of the market.

Exhibition organizers and hotels are connecting via the social media profiles of guests as this helps them provide services according to the requirements of the guests, which include early and late check-in facilities for the convenience of guests. Such services offered by exhibition organizers and hotels to their guests drive them to revisit the same venue and hotel, which is anticipated to provide a favorable outlook to the market.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each segment of the global exhibition organizing market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on area and application.

Area Insights:

• 5000-20000 Sqm
• 20000-100000 Sqm
• More Than 100000 Sqm

The report has also provided a detailed breakup and analysis of the exhibition organizing market based on the area. This includes 5000-20000, 20000-100000, and More Than 100000 Sqm. According to the report, 5000-20000 sqm represented the largest segment.

Application Insights:

• Commercial Exhibitions
• Art Exhibitions
• Academic Exhibitions
• Others

A detailed breakup and analysis of the exhibition organizing market based on the application has also been provided in the report. This includes commercial exhibitions, art exhibitions, academic exhibitions, and others. According to the report, art exhibitions accounted for the largest market share.

Key Questions Answered in This Report:

• How has the global exhibition organizing market performed so far and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global exhibition organizing market?
• What are the key regional markets?
• Which countries represent the most attractive exhibition organizing markets?
• What is the breakup of the market based on the area?
• What is the breakup of the market based on the application?
• What is the competitive structure of the global exhibition organizing market?
• Who are the key players/companies in the global exhibition organizing market?

For more information about this report visit https://www.researchandmarkets.com/r/1dlwvl

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