Event Planning Industry Statistics 2018
Is the event planning industry growing? Job growth for event planners is expected to be 11% between 2016 and 2026. Compared to 7% job growth across the economy, this indicates that the event planning industry is growing.. The global event industry was valued at $1,100 Billion dollars in 2018. Looking for even more trends? Check out our post.
Event planning industry statistics 2018. Event technology statistics. Event creators depend on their technology stack. But with so many different tech tools out there, it’s hard to tell which ones are worth adopting. Here’s the tech the industry relies on. 87% of event creators plan to use augmented reality (AR) in 2018. 88% plan to use virtual reality (VR). Events Industry Outlook - 2026. The global events industry size was valued at $1,100 billion in 2018, and is expected to grow at a CAGR of 10.3% to reach $2,330 billion by 2026. Richard Green, CEO and founder of Evvnt, on how technology is changing the way in which the events industry operates. Our lives are made up of a steady stream of events. From the celebratory to the sporting, the professional to the cultural, almost every individual will attend some form of event on a monthly, or even weekly, basis. experience when it comes to planning meetings in the top five meetings cities in Latin America. While dynamic and ever-changing, the meetings industry has bounced back from the recession a decade ago, experiencing years of consistent growth and settling into a new normal. We see corporations working to create global visibility for their meetings
The outlook for the global event industry is positive, with 85% of event planners being optimistic about the future and only 15% expressing concern or worry. (EventMB, 2018). Graph available. Most event planners (89%) love their career in the event industry. Less than 10% felt indifferent and less than 2% said they didn’t love their career. Event planning job growth outpaces the average by 4%. According to data from the Bureau of Labor Statistics, job growth for meeting and event planners is expected to grow at a rate of 11% from 2016 to 2026. Compared to the total expected growth of 7%, event planners appear to have a bright future ahead of them on the job market. One less thing. Event planners organize, execute, and promote events like trade shows, conferences, corporate meetings, and more. Event planning is a business with a low barrier to entry, so competition within the industry is high (Couillard, 2018).Factors that have a strong impact on the success of event planning businesses are personal relationships with customers, the ability to manage costs and contracts. Take a look at the latest Event Planning industry trends and find out what it's like to work within the Event Planning industry. See Event Planning reports for an overview of this career path.. according to the National Center for Health Statistics. One industry study of weddings in 2014 found couples spending an average of $31,213 on.
Find industry analysis, statistics, trends, data and forecasts on Party & Event Planners in the US from IBISWorld. Get up to speed on any industry with comprehensive intelligence that is easy to read. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. What event trends will shape 2018 in Australia? With the new year upon us, we take a look at what forward-thinking event organisers are doing to capture the hearts and minds of attendees — and how Australian event professionals can put these into play for their own events. Free Download: Stay Relevant: 6 Event Trends Shaping the Future of. The 2018 Global Meetings and Events Forecast is the independent collaborative work of American Express Meetings & Events personnel and subject matter and industry experts. The advertising within the 2018 Global Meetings and Events Forecast was sold and managed independently The 2018 event trends also dictate that the venue itself should reflect the personality, values, and statements of the event. A company with an eco-friendly image would not want to hold an event in an industrial setting, for example.
19 Event Planning Statistics for 2019 By Samantha Stallard, Director of Marketing & Business Development From the Super Bowl to Art Basel, Sundance to the iHeartRadio Music Festival , brands across the globe invested more money than ever into crafting personalized, creative events for their guests in 2018. Meeting, convention, & event planners are most often employed by the Other administrative & other support services industry. The average yearly wage for Meeting, convention, & event planners was $47,298 in 2016. The top 3 most similar occupations to Meeting, convention, & event planners by wage are Postal service mail sorters, processors, & processing machine operators, Computer numerically. But according to the survey respondents, these technologies are poised for mass adoption in 2018. B2B event industry statistics. According to American Express’ Global Meetings and Events Forecast, the number of B2B events — like tradeshows, conference, or sales and marketing meetings — are on the rise. 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.
As per the Bizzabo’s blog (Link) * 48% of event planners typically start planning for their event 6-12 months in advance. (Bizzabo, 2016) * 46% of event marketers claimed that curating content and building their event agenda are the most time cons... The events industry is booming — so how can you stay ahead in a saturated market? Find out in this infographic, using new data from more than 1,000 event creators in the United States and Canada. You’ll discover new insights to help you benchmark against your competition. The most comprehensive list of event marketing statistics, event management statistics, and event planning statistics on the internet for 2020 and beyond.. While unprecedented circumstances related to COVID-19 have forced companies and the event industry as a whole to pause, step back, pivot, and make remarkable changes in the short term, there is no doubt the power of connection and community. 12 Shocking Event Industry Statistics That Will Make You Think Twice #1 - $115 billion Amount the events industry directly contributes annually to the U.S. GDP That's simply a lot of cabbage. And because there are few 800-lb gorilla companies in our industry, that revenue is spread across thousands of small businesses. #2 - 10%
The best practices surrounding event venues are evolving just as quickly as the event industry itself. Make sure to stay on top of the event venue trends for 2018. As we accelerate into 2018, the events space is rapidly changing — and we mean “space” in the most literal sense.