Event Management Market: Key Growth Factors Analysis, Potential Opportunities and Prospects 2012
As globalization set in, event management got a head start as multinationals started pouring into India.
(EMAILWIRE.COM, February 13, 2019 ) As globalization set in, event management got a head start as multinationals started pouring into India. The general need to sculpt an event with utmost success has deliberated on the advent of event management as a profession. Today even general family events such as marriages are treading the lines of getting assistance from event management concerns. Formerly what started as a means of streamlining the entire set of activities to make a grand event, has inadvertently transpired into infusing elements of glamour and glitz to make it stand out from the rest.
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The report begins with an introduction of concept of event management along with a brief description of the event planner as well as the activities that is required to manage. It is then followed by a detailing of the key steps in event management. The market overview section entails an understanding of the sector in India as also provides the market size and growth. A description of the key segments that event management concerns look to cover comes next. This gets followed by an analysis of the costs incurred and revenues garnered by a concern in this field on a normal basis. The focus then moves towards discussing the revenue model adopted by majority of the players in this sector. The next section elaborates on the value chain analysis of the sector. The section gets concluded with a Porter's Five Forces analysis of the sector.
Brief descriptions of the drivers that help the sector to prosper include growth in disposable income and consumer spending, increase in below the line activities, increase in corporate vents, spurt in sport events, rise of wedding and other family events and rising need of organized and structured events. Event management service is deemed as a luxury product whose chief driver remains increased disposable income that can be expended beyond one's expenditure for necessity. It is possible for people to splurge on extravagant events only if they have enough income at their hands coupled with their willingness to spend on parties. Another significant aspect in this regard is the increase of below the line (BTL) activities. Marketing as a genre has improved vastly with innovative avenues like BTL churning more publicity and visibility for products. BTL indulges in public events that are required to be organized keeping the interaction quotient in mind.
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A significant driving factor in this sector is the increase in corporate events which are organized on a grand scale and as such require the help of event management concerns. As India awakens to a light towards prosperity, it is beset with a growth in the corporate sector per se. While corporate events get associated with business events, sports events are the latest addition in commercial events that also ask for event management services. Gala events in the likes of ICC World Cup or Commonwealth Games have their opening and closing ceremonies over and above the entire gamut of services required to be meted out during the entire course of event. As people hoard more money, they look at celebrating their personal events with equal extravagance and splendour as seen in weddings and other family events. Finally, the general need of an organized method to structure events that would not only be designed with precision and perfection but also stand out form the rest making it unique and successful in it own manner. While these factors can be termed as growth drivers, there are certain aspects that act as hindrances to the sector namely high entertainment tax and lengthy procedure of import of equipments.
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Table Of Content
Page 1: Executive summary
Introduction
Page 2: Event Management
Page 3: Key Steps in Event Management
Market Overview
Page 4: Event Management Market - Overview, Market Size (2011-2015e)
Page 5-6: Segments of Event Management
Cost Revenue Analysis
Page 7: Cost Revenue Analysis
Page 8: Revenue Model
Page 9: Value Chain Analysis
Page 10: Porter's Five Forces Analysis
Drivers & Challenges
Page 11: Summary
Page 12-18: Drivers
Page 19-20: Challenges
Government Participation
Page 21-23: Event & Entertainment Management Association
Page 24-25: Service Tax
Trends
Page 26: Summary
Page 27-34: Key Trends
Competition
Page 35: Summary
Page 36-68: Major Players
Strategic Recommendation
Page 69: Strategic Recommendations
Appendix
Page 70: Appendix
Page 71: Sources of Information
Get Complete TOC with Figures and Tables Here:https://www.researchreporthub.com/report/event-management-market/10961/#toc
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Download Free Report Sample (PDF) Here:https://www.researchreporthub.com/report/event-management-market/10961/#requestforsample
The report begins with an introduction of concept of event management along with a brief description of the event planner as well as the activities that is required to manage. It is then followed by a detailing of the key steps in event management. The market overview section entails an understanding of the sector in India as also provides the market size and growth. A description of the key segments that event management concerns look to cover comes next. This gets followed by an analysis of the costs incurred and revenues garnered by a concern in this field on a normal basis. The focus then moves towards discussing the revenue model adopted by majority of the players in this sector. The next section elaborates on the value chain analysis of the sector. The section gets concluded with a Porter's Five Forces analysis of the sector.
Brief descriptions of the drivers that help the sector to prosper include growth in disposable income and consumer spending, increase in below the line activities, increase in corporate vents, spurt in sport events, rise of wedding and other family events and rising need of organized and structured events. Event management service is deemed as a luxury product whose chief driver remains increased disposable income that can be expended beyond one's expenditure for necessity. It is possible for people to splurge on extravagant events only if they have enough income at their hands coupled with their willingness to spend on parties. Another significant aspect in this regard is the increase of below the line (BTL) activities. Marketing as a genre has improved vastly with innovative avenues like BTL churning more publicity and visibility for products. BTL indulges in public events that are required to be organized keeping the interaction quotient in mind.
Get Discount & Customization of this Report Here:https://www.researchreporthub.com/report/event-management-market/10961/
A significant driving factor in this sector is the increase in corporate events which are organized on a grand scale and as such require the help of event management concerns. As India awakens to a light towards prosperity, it is beset with a growth in the corporate sector per se. While corporate events get associated with business events, sports events are the latest addition in commercial events that also ask for event management services. Gala events in the likes of ICC World Cup or Commonwealth Games have their opening and closing ceremonies over and above the entire gamut of services required to be meted out during the entire course of event. As people hoard more money, they look at celebrating their personal events with equal extravagance and splendour as seen in weddings and other family events. Finally, the general need of an organized method to structure events that would not only be designed with precision and perfection but also stand out form the rest making it unique and successful in it own manner. While these factors can be termed as growth drivers, there are certain aspects that act as hindrances to the sector namely high entertainment tax and lengthy procedure of import of equipments.
.....
Table Of Content
Page 1: Executive summary
Introduction
Page 2: Event Management
Page 3: Key Steps in Event Management
Market Overview
Page 4: Event Management Market - Overview, Market Size (2011-2015e)
Page 5-6: Segments of Event Management
Cost Revenue Analysis
Page 7: Cost Revenue Analysis
Page 8: Revenue Model
Page 9: Value Chain Analysis
Page 10: Porter's Five Forces Analysis
Drivers & Challenges
Page 11: Summary
Page 12-18: Drivers
Page 19-20: Challenges
Government Participation
Page 21-23: Event & Entertainment Management Association
Page 24-25: Service Tax
Trends
Page 26: Summary
Page 27-34: Key Trends
Competition
Page 35: Summary
Page 36-68: Major Players
Strategic Recommendation
Page 69: Strategic Recommendations
Appendix
Page 70: Appendix
Page 71: Sources of Information
Get Complete TOC with Figures and Tables Here:https://www.researchreporthub.com/report/event-management-market/10961/#toc
Research Report Hub
Research Report Hub offers wide-ranging collection of market research reports under virtually every market verticals and sub-categories from different publishers across the globe. We offer reliable market intelligence reports and report customization services to better understand current and projected market scenarios. It also gives a clearer depiction of industries and facilitates to simply perceive competitor activity in the respective industry. Our services are also geared towards helping organizations procure market reports at the finest price.
About US
Research Report Hub
Sector 04, Plot 101, Sant Nagar,
Moshi PCNDTA, Pune, 412105
Maharashtra, India
Web: www.researchreporthub.com
Find us on: <||>rnhttps://www.facebook.com/reasearchreporthub/ <||>rnhttps://twitter.com/hub_report <||>rnhttps://www.linkedin.com/company/research-report-hub/
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Tel: +918448444687
Email us
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Research Report Hub
Prakriti Mathur
Tel: +918448444687
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results