Australia event service market is forecasted to witness robust growth over the forecast period, Stakeholder companies of the market are significantly focusing on offering quality event service to the customer. Moreover, the increased penetration of top-quality tailored event services has provided a boost to support overall market development. After the pandemic, the increased number of company and federal government events has provided significant growth for digital and hybrid event platforms.
The event services market is mainly dominated by strategy, planning and budget planning, logistics; event food catering; digital or hybrid Occasion enabler services. These types of services have a strong revenue impact on the overall event. Moreover, the changing dynamics of the industry from virtual to hybrid have slightly altered the trend of personalized events. An increasing number of celebrations, professional fairs, product launch events, and other key corporate is anticipated to drive the event service market.
The Event Catering segment held the major revenue share in 2021 and is expected to grow with the highest CAGR during the forecast period.
By Service
Austraila event services market is segmented into Service, Event Type, End User and Organization. On the basis of service, the market is fragmented into strategy, planning, budget & development; communication & logistics; attendees management & engagement; event catering; virtual or hybrid event enabler; location rental; and others. As per the event type, it is segregated into music concert, festivals, sports, exhibitions & conferences, corporate events & seminar, and others. By end user, it is categorized into corporate, sports, education, entertainment, and others. According to organization, it is classified into small & medium enterprises, large enterprises, and government bodies & NGOs.
The Sports segment dominated the market in 2021, and is also anticipated to be lucrative during the forecast period.
By Event Type
With the intro of CSR efforts, business have been significantly arranging event to perform their CSR tasks. This is expected to have a favorable effect on the Australia event service market over the forecast duration. Increasing adoption of occasion monitoring software program, which allows firms to automate tasks associated with event planning, budget monitoring, client enrollment as well as ticketing, is anticipated to support market growth in the coming years. Raising awareness regarding the setting is encouraging business to use environment-friendly occasion service to lower their carbon impact. This is anticipated to produce demand for environment-friendly occasion options in the coming years.
The Sports segment held the major revenue share in 2021 and is expected to grow with the highest CAGR during the forecast period.
By End User
he event services market in Australia is fragmented due to numerous players and SMEs in the market. These competitors are constantly engaged in various market developmental strategies, including acquisition, mergers, partnerships, etc. The key players profiled in the report are Harry the hirer, Staging Connections, Encore Event Technologies, Scene Change, Decorative Events & Exhibitions, Exhibitions & Trade Fairs, Funktionality, Impact AV, Solution Entertainment, and CMS Australasia. These competitors are offering a range of event-related services including event planning, production, audiovisual equipment, theming, logistics, etc.
The Small and Medium Enterprises segment is anticipated to grow at a fastest CAGR during the forecast period.
By Organization
Key Benefits for Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in Australia event services market.
- Assess and rank the top factors that are expected to affect the growth of Australia event services market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the Australia event services market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
Australia Event Services Market Report Highlights
| Aspects | Details |
 Forecast period | 2021 - 2031 |
 Report Pages | 78 |
 By Service |
|
 By Event Type |
|
 By End User |
|
 By Organization |
|
 Key Market Players | Scene Change, CMS Australasia, Encore Event Technologies, Funktionality, Harry the hirer, Staging Connections, Solution Entertainment, Decorative Events & Exhibitions, Impact AV |
The Australia Event Services Market is estimated to reach $56.3 billion by 2031
Party Equipment Hire & Decorations Services: Aussiessentials, Eventfull, Party Time, All Events Parties Decoration., Catering Services: Serval Catering, Leura Catering & Events, Eventful Catering, Audio Visual & Technology Services: Rentacomputer, JNS Events, Next Phase Audio Visual., Professional Event Photography & Videography Services: Piranha Photos & Films, Front Season Productions, Elite Digital Films & Photography., Event Security & Management Services: Security One, Pardini Security, Evans Security., Marquee and Tent Hire Services: Star Tents, Platinum Party Hire, Marquee Weddings and Events, Activity Providers and Entertainers: Circus Monoxide, JR Events, The Big Adventure Company., Event Floral Design: Floral Artistry By Chantal, Bloombox Design, The Blooming Flower Studio., Venue Hire Services: Venue Finder, EventSpaces, VenueCentral., Event Management Companies: Instyle Events, Bespoke Event Creators, Red Scooter. are the leading players in Australia Event Services Market
1. Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
2. Analyze the key strategies adopted by major market players in australia event services market.
3. Assess and rank the top factors that are expected to affect the growth of australia event services market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the australia event services market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
Australia Event Services Market is classified as by service, by event type, by end user, by organization
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