Event Apps Market 2023 Size, Growth Analysis Report, Forecast to 2033

 The event apps market is likely to increase from US$ 1,374.84 billion in 2023 to US$ 5,186.97 billion by 2033. The market is expected to capture a 14.2% CAGR during the forecast period. 

Expanding eCommerce Industry Fueling the Market 

The increased emphasis on mobile-assisted purchasing, the e-commerce business has grown at an exponential rate in recent years. Customers' browsing flexibility is increased by mobile phones, which provide not only product selection but also browsing flexibility. Marketers can now use omnichannel marketing techniques because of the increased popularity of m-commerce apps on mobile phones. As a result, numerous retailers are turning to mobile to increase sales. 

For example, in March 2018, the Government of India's Ministry of Tribal Affairs announced the commencement of a digital commerce project. It is centered on e-commerce and m-commerce platforms. As a result of the increased emphasis on providing an omnichannel market experience, increases mobile-based m-commerce app usage. Throughout the projected period, this may boost the worldwide mobile app market. 

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Hybrid mobile apps are apps that use web technologies like Hypertext Markup Language (HTML) and JavaScript. These hybrid mobile apps are hosted in the native application, which creates mobile-compatible web apps using mobile WebView.

This gives the program access to the device's hardware components, such as the accelerometer and camera, among others. This arrangement allows for the development of mobile apps using native mobile infrastructure as well as the hosting of web-based content. 

Digitization is Required to Revive Small and Medium-sized Businesses  

Several small and medium-sized businesses have closed, necessitating the need for these types of mobile event apps. In addition, the growth in sizable and medium-sized businesses, particularly in developing countries, may boost the market in the future. Moreover, the mobile event apps market is predicted to expand tremendously among the mobile user population in emerging countries. 

Key Takeaways of the Market 

  • The market is expected to surpass US$ 5,186.97 billion by 2033.  
  • The market is being driven by rising mobile usage and the growing trend of digitization in business promotion to reach out to consumers. 
  • The market is expected to thrive at a CAGR of 14.2% during the forecast period 2023 to 2033. 
  • North America dominated the event apps market. 

Key Development in the Market 

  • In 2021, Event Base, the leading technology provider for workplace events, collaborated with LiveSafe to integrate fundamental LiveSafe capabilities for conference and event security. The LiveSafe platform is now available as an a-la-carte option for Event-based clients. Allowing for seamless communication between event attendees and the security team in the responsibility of ensuring their safety.   
  • in 2022, During Cvent's client conference, the firm revealed the new Cvent App Marketplace. The new marketplace also serves as a collaborative space for other notable technology partners to build ready-to-use apps.  Moreover, the Cvent platform allows its capabilities to be expanded and tailored.

Market Key Segment

Market by Type:

  • Event Apps for Enterprise Event Apps
  • Event Apps for Hybrid Apps
  • Event Apps for Meeting Apps
  • Event Apps for Conference Apps
  • Event Apps for Trade Show Apps
  • Event Apps for Festival Apps
  • Event Apps for Sports Event Apps

Market by Operating System:

  • Event Apps for IOS
  • Event Apps for Android
  • Event Apps for Web-based

Market by End User:

  • Event Apps for Event Organizers and Planners
  • Event Apps for Corporates
  • Event Apps for Government
  • Event Apps for Education

Market by Region:

  • Event Apps Market in North America Market
  • Event Apps Market in Europe Market
  • Event Apps Market in Asia Pacific Market
  • Event Apps Market in South America Market
  • Event Apps Market in the Middle East & Africa Market
 

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