Global Exhibition Organizing Market 2019-2023 | Growing Use of Social Media by Exhibition Organizers to Boost Growth | Technavio

Technavio has announced its latest market research report titled global exhibition organizing market 2019-2023. (Graphic: Business Wire)

LONDON--()--The exhibition organizing market size is poised to grow at a CAGR of over 5% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

Several factors contribute to the growth of the GDP of the host country, such as taxes paid to the government, the use of local suppliers, and the procurement of products and services from the local market. For instance, in 2016, the exhibition organizing market in Hong Kong contributed 2.13% to the total GDP of the country. Further, exhibitions and trade fairs employ individuals to serve the attendees. This helps to create jobs in various industries such as hotels, restaurants, airlines, retail, and entertainment which directly contributes to the economy. Thus, the contribution of exhibitions toward GDP and employment is one of the major factors behind the growth of the exhibition organizing market.

To learn more about the global trends impacting the future of market research, download free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30953

As per Technavio, the growing use of social media by exhibition organizers will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Exhibiting Organizing Market: Growing Use of Social Media by Exhibition Organizers

The use of social media channels such as Facebook, Twitter, LinkedIn, Google+, WhatsApp, and YouTube by exhibition organizers for campaigns and event invitations is increasing significantly.. For instance, Reed Exhibitions, a subsidiary of RELX Group plc, extensively uses social media platform for promotions, branding, and event invitations. Some of the most popular methods used by exhibition organizers include the use of Facebook basics, viral videos, and event hashtags, targeting communities through LinkedIn, and popularizing the exhibition either through stories, pictures, or videos. Major players in the exhibition organizing market also use social media analytics tools to analyze the performance and audience reach of their event to enhance the subsequent events.

“Other factors such as the introduction of low-cost airlines, and increased use of guest data for personalized services will have a significant impact on the growth of the exhibiting organizing market value during the forecast period,” says a senior analyst at Technavio.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Exhibiting Organizing Market: Segmentation Analysis

This market research report segments the exhibiting organizing market by size of venue (5,000-20,000 sqm, 20,000-1,00,000 sqm, and more than 1,00,000 sqm) and geography (APAC, North America, Europe, MEA, and South America).

The North American region held the largest share of the market in 2018, followed by Europe, APAC, MEA, and South America respectively. The growth of the exhibiting organizing market share in North America can be attributed to the higher number of exhibition venues in the region as compared to the other regions.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Request a free sample report

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The exhibition organizing market size is poised to grow at a CAGR of over 5% during the period 2019-2023, according to the Technavio

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com