How much do you know about event technology? We all know that engagement plays a vital role in being a buzzword when we talk about marketing strategies in exhibitions and trade shows. For people who plan these events and use software such as an event planning software or event registration software, making their strategies compelling is the main challenge
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Alibaba Group - Technology companies from China, Alibaba Group Holding Limited notes, the number of monthly active users (month active user/MAU) reached 785 million.
In line with this, earnings also translucent US$ 16,65 billion, or about Usd 233,1 trillion by September 2019.
Chairman and CEO of Alibaba Group, Daniel Zhang said, just last September, the company was 20 years old.
We have a target to serve one billion active consumers annual at the end of fiscal year 2024,” he said in a press release late last week (1/11).
In addition, the company made Jack Ma is targeting the transaction value (Gross Merchandise Volume GMV) annual translucent 10 trillion renminbi, or about Rp 19,94 quadrillion at the end of 2024.
(Read: Alibaba Is Entering The Second Decade, Jack Ma Share 3 Business Lessons)
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According to a new market research report "Event Management Software Market by Component, Software (Event Registration and Ticketing Software, Event Planning Software, Event Marketing Software), Service, Deployment Type, Organization Size, End-User, and Region - Global Forecast to 2023"published by MarketsandMarkets™, the Event Management Software Market size expected to grow from USD 6.10 billion in 2018 to USD 10.57 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.6% during the forecast period.The growing demand for event automation and increasing focus on gaining actionable business insights from events are the major factors driving the growth of the Event Management Software Market.
Moreover, the increasing organizational budgets for events, conferences, and meetings, and the need for brand marketing are expected to drive the growth of the Event Management Software Market.Browse in-depth TOC on "Event Management Software Market”75-Tables32-Figures155-PagesAsk for Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136859992The Asia Pacific (APAC) region is expected to witness the highest growth rate in the Event Management Software MarketAPAC is one of the fastest-growing regions and has a favorable market for the event management software and service vendors.
The region comprises key economies, such as China, India, Japan, Singapore, Malaysia, and Australia.
APAC is projected to witness the highest adoption rate of event management software, owing to the presence of a large number of Small and Medium-sized Enterprises (SMEs) that are inclined toward the adoption of cloud-based event management software.
The increasing adoption of cloud technologies and the presence of a broad customer base are driving the adoption of event management software across enterprises in APAC.The corporate end-user segment is expected to witness the largest market share during the forecast periodCorporate events are organized to attract customers and channel partners across all small and large companies.
The corporate industry conducts occasions, such as meetings, conferences, exhibitions, product launches, roadshows, buyer-seller meets, press conferences, board meetings, executive retreats, award ceremonies, VIP events, and trade shows.
