Cape town - growing the africa events industry by encouraging meetings of local associations to rotate on the continent, could offer a huge opportunity, according to amanda kotze nhlapo, executive manager of the sa national convention bureau (sancb. Event industry and event management the events industry is affluent and dynamic, which provides worldwide chances and creates strong performance in addition, the foundations for events industry include a whole set of sellers and buyers, and attractive dynamics. 2018 technology industry outlook navigating to the future: leveraging tech advances in the digital era the 2018 technology outlook reviews which industry trends are top-of-mind and strategies that tech companies are leveraging as they plan for growth. ”the rapid growth of events in the past decades led to a formation of an identifiable events industry, with its own practitioners and suppliers and professional associations” (allen et al, 2008 p, 17) events industry has a huge potential to be a sustainable resource of economic income for.
It may be popular for part-time, casual and entry-level work, but there are also opportunities for graduates to make their mark in the hospitality and events sector companies in the hospitality sector also recruit graduates to a range of head office functions such as finance, it, human resources (hr. Key growth drivers for growth are digital activation, sports leagues, rural expansion and government initiatives followed by ips, personal events, product launches, expansion of minimetros and below the line spends, the report, based on a survey of 64 event management companies and 31marketers, said. Chief among these is the “event management software” industry, which is valued at $28 billion and is projected to have a cagr (compound annual growth rate) of 33% moving forward and there’s good reason for the industry to be growing, given that b2b events account for $512 billion in annual spend. The uk events industry is now worth £391bn, according to the new events are great britain report from the business visits & events partnership (bvep) introducing the report at international confex, 13 march, bvep chairman michael hirst, obe, said the events industry now provided a major platform for britain’s greatness “the report attempts to put a value on all events in the uk and.
However, with the growth of public and private social networks, tradeshows and events can participate in the conversation year-round, allowing them to develop and build a dedicated army of attendees and exhibitors. Business events industry report dr margaret deery tourism and business events international china saw significant growth in all components of business events, with beijing, shanghai and in the accommodation industry over the period 2005 to 2011, growth in rooms increased by 107. The trucking industry also enjoyed a sustained period of economic growth, beginning in the interstate highway era, as more goods were shipped via truck, and through a so-called piggy-back system.
While some experts predict that the growth of festivals may have reached saturation point, event organizers and band managers believe that there’s actually room for even more growth, and that the festival industry is just starting to come into its own. This statistic shows the percent growth in exhibition industry revenue in the united states from the first quarter of 2011 to the second quarter of 2018 the industry grew by 16 percent in the. It can be beneficial for new meeting, convention, and event planners to have some experience in the hospitality industry working in a variety of positions at hotels, convention centers, and convention bureaus provides knowledge of how the hospitality industry operates. Event management in india, is an industry that is growing rapidly, with mega shows and events recurrently given the professional aspect, event management is a glamorous and exciting profession that needs a lot of hard work and enthusiasm. Just as with many industries in the middle east, the event space has not escaped the exponential growth in interest and business that helps define the region as an emerging force, there is a real sense of entrepreneurship and boldness from event planners and organizers, and a thirst for innovation.
What do event industry leaders think about the future of events we have asked seven inspiring women about the future of the event industry the event industry is an incredible environment made of exceptional individuals. Event planning industry statistics according to inside business, the event planning industry is expected to grow 20% with the median income of an event planning being $42,180 a year by 2016, this industry is expected to grow to over 60,000 jobs 50% of event revenue comes from registration, while food and beverage eats up 33% of expenses. Within the context of the hospitality industry, the conference and events sector is a rising star, estimated to be growing at a rate of 20% annually in 2013, 340 meetings took place in china, making it 8 th largest meeting destination in the world . Events market research reports & industry analysis for event automation and increasing focus on gaining actionable business insights from events are driving the growth of the event management software market the global event management software market size is expected to grow from.
The uk is a world leader in the events industry it is clear from the success of the olympics and paralympics in 2012 and, more recently, the priorities for growth 1 the business visits and events sector is incredibly diverse, covering trade fairs, conferences and congresses, outdoor and. The meetings and events industry is experiencing growth discover the national average salary for an event planner and what's expected in the future the meetings and events industry is experiencing growth discover the national average salary for an event planner and what's expected in the future. The primary shift in the meetings and events industry in 2017 is going to revolve around delivering business events that engage attendees in more multidisciplinary ways. The events industry improves every year, their are an enormous amount of factors which contribute to the growth of the events industry these factors either increase or decrease the worth of the events industry (penrose, 2014.
The rise and rise of events industry in india : events industry statistics in india event management is looked upon as a sunrise industry in the service sector the word ‘event’ now needs to be re-defined in view of the manifold growth of the various ‘happenings’ in the ‘commercial’ as well as in the non-commercial’ world. It’s december and (along with all the trade press) time to start focussing on what the new year may bring research we conducted recently with over 700 event professionals explored where the greatest potential for growth was in the events industry over the next couple of years. Growth predicted for global mice industry in 2017 12 dec 2016 ibtm events’ annual ibtm world trends watch report , has predicted growth for the global mice industry in 2017, despite the turbulent geopolitical and economic environment.