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The event management as a service market is projected to grow by USD 576.5 Million from 2024-2028, with AI impacting trends and rising demand for online registration and payments – Technavio

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NEW YORK, Sept. 24, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global event management as a service market size is estimated to grow by USD 576.5 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 12.1% during the forecast period. increasing demand for online registration and payment is driving market growth, with a trend towards emergence of ibeacons for event management However, threat from open-source event management software poses a challenge – Key market players include Accelevents Inc., Active Network LLC, Arlo Software Ltd., Aventri Inc., Bitrix Inc., Bizzabo, Certain Inc., Cvent Holding Corp., Event Temple Labs Inc., Eventbrite Inc., Fortive Corp., Glue Up, Hopin, New Work SE, RainFocus LLC, Ungerboeck, WebMobi, Whova Inc., XING Events GmbH, and Zoho Corp. Pvt. Ltd..

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Event Management As A Service Market Scope

Report Coverage

Details

Base year

2023

Historic period

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 12.1%

Market growth 2024-2028

USD 576.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

10.92

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 47%

Key countries

US, China, UK, Canada, and Germany

Key companies profiled

Accelevents Inc., Active Network LLC, Arlo Software Ltd., Aventri Inc., Bitrix Inc., Bizzabo, Certain Inc., Cvent Holding Corp., Event Temple Labs Inc., Eventbrite Inc., Fortive Corp., Glue Up, Hopin, New Work SE, RainFocus LLC, Ungerboeck, WebMobi, Whova Inc., XING Events GmbH, and Zoho Corp. Pvt. Ltd.

 

Market Driver

The Event Management as a Service market refers to the outsourcing of event planning and execution to specialized companies. Businesses can benefit from this model by reducing costs, improving efficiency, and gaining access to expert resources. Event management companies offer a range of services, including venue selection, vendor coordination, logistics, and marketing. By partnering with a reputable event management firm, businesses can focus on their core competencies while ensuring the success of their events. 

Event Management as a Service (EMaaS) is a growing trend in the business world, offering specialized tools and mobile applications to simplify event planning for event organizers. With the increasing complexity of events, productivity is key. EMaaS provides real-time interaction, email notifications, and feedback collection to ensure informed choices for future events. Blockchain technology adds security, while functionality adapts to cultural variations and communication hurdles. Small businesses on tight budgets benefit from automation of tasks, training staff, and internal communication. Personalized experiences and real-time feedback mechanisms enhance the overall experience for varied audiences. Cloud-based software offers low maintenance costs, virtual storage, and backup-restore facilities. Service delivery is seamless, and data-handling attributes ensure security. Assumptions are minimized through automated tasks and real-time interaction. Specialized tools cater to the needs of worldwide conferences, exhibits, and cultural events, making event management more efficient and effective. 

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Market Challenges

The Event Management as a Service market refers to the outsourcing of event planning and execution to specialized companies. Businesses can leverage this model to save time and resources, focusing on their core operations. Service providers offer end-to-end solutions, from venue selection and vendor coordination to attendee management and post-event analysis. This market continues to grow as more companies recognize the benefits of partnering with experts to deliver successful events.The Event Management as a Service market faces several challenges. Purchasing tickets and interaction are key areas where seamless digital solutions are required. In the software segment, capabilities for financial management, conference scheduling, logistical management, vendor management, and monitoring of tasks are essential. Corporate spending and shifting customer preferences towards virtual events present challenges. Sustainability initiatives, regulatory compliance, and emerging markets require adaptability. Economic downturns, seasonality, security issues, environmental factors, event type, and client type add complexity. Event management software, digital tools, and cloud-based platforms offer solutions, including virtual exhibitor booths, chat functionality, live broadcasting, content distribution, and virtual event platforms. Regulatory restrictions and security issues necessitate robust solutions.

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Segment Overview

This event management as a service market report extensively covers market segmentation by

End-user 1.1 Corporate1.2 PO and NGO1.3 IndividualsType 2.1 Pre-event services2.2 Onsite services2.3 Post-event servicesGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Corporate- The Event Management as a Service market is experiencing significant growth due to the complete digitization of core event management processes and the adoption of customer-centricity. This segment caters to end-users such as private organizations, corporations, trading associations, educational institutions, and political parties. By outsourcing event management services, these organizations can effectively manage event logistics and enhance operational efficiency, resulting in cost savings of nearly 30%. Services include research, venue selection, hotel reservations, transportation arrangements, food and entertainment planning, site visits, and event execution. The corporate segment is particularly thriving in the UAE, where the government’s strong support for the MICE industry, as outlined in initiatives like Dubai Tourism Vision 2020 and Abu Dhabi Economic Vision 2030, fuels growth. Favorable policy adjustments, enhanced government funding, and robust infrastructure developments create an ideal environment for the expansion of event management enterprises in the UAE, contributing to the growth of the corporate segment of the global Event Management as a Service market.

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Research Analysis

The Event Management as a Service (EMaaS) market is experiencing significant growth due to various factors. Corporate spending on events is on the rise, driven by the understanding that well-executed events can boost brand awareness and customer engagement. Shifting customer preferences towards virtual and hybrid events are also fueling the market’s growth. Sustainability initiatives and regulatory compliance are becoming increasingly important considerations in event planning. Emerging markets and regulatory restrictions present both opportunities and challenges. Economic downturns and seasonality can impact event attendance and budgets. Event management software, digital tools, cloud-based platforms, and mobile applications are transforming the industry, offering event managers specialized tools to streamline processes, increase productivity, and provide informed choices for event organizers. The complexity of events and the importance of delivering an overall excellent experience continue to be key drivers. Blockchain technology and data-handling attributes are gaining attention for their potential to enhance security and streamline event operations. Opinions and behavior of attendees continue to shape event strategies, with a focus on providing informed choices for future events.

Market Research Overview

The Event Management as a Service (EMaaS) market is experiencing significant growth due to corporate spending shifts, changing customer preferences, and sustainability initiatives. Regulatory compliance, economic downturns, seasonality, security issues, and environmental factors also impact the industry. EMaaS offers various tools such as event management software, digital tools, cloud-based platforms, mobile applications, and specialized tools to manage the complexity of events. Event strategies, productivity, and engagement are key considerations, with blockchain, functionality, and security being essential features. Small businesses with tight budgets benefit from EMaaS, while end-user organizations require real-time interaction, personalized experiences, and data-handling attributes. Assumptions about automation of tasks, email notifications, feedback collection, and training staff are important for effective event planning. Cultural variations and communication hurdles present challenges for planning varied audiences and cross-border activities. New features like gamification, AI-powered chatbots, and social media engagement enhance the overall experience for attendees.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userCorporatePO And NGOIndividualsTypePre-event ServicesOnsite ServicesPost-event ServicesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Wistron Celebrates Grand Opening of First U.S. Smart Factory Marking Milestone in Global Smart Manufacturing Strategy

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FORT WORTH, Texas, July 21, 2026 /PRNewswire/ — Wistron Corporation (“Wistron”) celebrated the grand opening of its D1 AI smart facility in Fort Worth, Texas, the site where the first NVIDIA GB300 Grace Blackwell Ultra Superchip was built and mass-produced in the United States. The US$ 700 million facility, spanning approximately 324,000 square foot, was officially unveiled during a ceremony led by Wistron Chairman Simon Lin and NVIDIA Founder and CEO Jensen Huang. Jessica Rogers, Director of the Economic Development Department for the City of Fort Worth, and Alexander Tah-ray Yui, Taiwan’s Representative to the United States, were among the government officials and business leaders who attended, marking a milestone in the expansion of Wistron’s global footprint and advanced manufacturing capabilities.

This is a key hub in Wistron’s global AI infrastructure manufacturing network. The facility runs on NVIDIA accelerated computing and integrates NVIDIA’s Nemotron and Cosmos open frontier models and Omniverse and Metropolis libraries, using digital twin technology to optimize factory design, production workflows, and operational efficiency. It is Wistron’s first U.S.-based manufacturing facility, established to serve customers locally and produce NVIDIA’s most advanced and cutting-edge products. Wistron Chairman Simon Lin said “The operation here is not typical manufacturing. It is new, very comprehensive, and high-tech. Right now we produce the NVIDIA GB300 Grace Blackwell Ultra Superchip, and beyond, we are also going to produce the NVIDIA Vera Rubin Superchip here. In the next couple of years, this location will be one of the most important, as we build AI infrastructure here in the United States. I think this is the reason we say that there will be the next chapter, and we are going to empower AI from Texas.”

Responding to Customer Needs: Texas, the Newest Global Manufacturing Hub
At this pivotal moment for global AI infrastructure, Wistron is drawing on decades of global manufacturing experience to expand its footprint in Texas, a state with a well-established ecosystem for logistics, talent recruitment, and advanced manufacturing. The new D1 facility produces the NVIDIA GB300 Grace Blackwell Ultra Superchip and soon, the NVIDIA Vera Rubin Superchip — critical to powering the next generation of AI computing. The new Fort Worth facility strengthens a critical upstream layer of the AI infrastructure supply chain by expanding domestic capacity to assemble and test NVIDIA AI systems. These servers can be integrated into NVIDIA DSX infrastructure, with DSX providing the common architecture and technologies needed to deploy and operate energy-efficient AI factories at scale.

One-Stop Operational Ecosystem Strengthens U.S. AI Supply Chain Resilience
Behind every breakthrough in AI computing lies the manufacturing capability to scale it. Wistron is expanding its AI server production capabilities from Taiwan to the United States, guided by a vision of precision, efficiency, and sustainability. This reflects a broader industry shift: AI leadership is determined not only by technological breakthroughs, but also by the operational capability to transform innovation into high-volume production with consistent quality, supply chain resilience, and predictable delivery. By establishing AI infrastructure manufacturing capacity in the United States, Wistron is building a one-stop operational ecosystem spanning manufacturing and after-sales service — shortening delivery timelines and customer support cycles, strengthening supply chain resilience, and laying the foundation for long-term competitive advantage as AI infrastructure continues to scale.

Partnering with NVIDIA to Pioneer a New Model for Smart Manufacturing and Energy Optimization
As the era of physical AI begins, Wistron is extending its smart manufacturing capabilities to the United States, creating a new model for AI infrastructure production built on digital manufacturing, energy optimization, and local operations. Jensen Huang said: “The largest infrastructure buildout in history is underway. Demand for AI factories—the engine of this next industrial revolution—is incredible, and they must be produced everywhere. Together, NVIDIA and Wistron are restoring US advanced manufacturing capacity in Texas, creating skilled jobs and strengthening America’s AI supply chain.” As demand for advanced manufacturing grows in Texas, smarter planning of production loads and energy use will give the plant greater control and flexibility over its electricity needs.

Turning Global Experience into Scalable AI Infrastructure
Simon Lin stressed that the speed the AI era demands comes with its own responsibility. “In the AI era, the pressure of speed is also a form of responsibility,” Lin said. “We don’t just need to build fast; we need to build right.”

The Fort Worth plant will serve as the core engine of Wistron’s U.S. manufacturing operations, the company said, connecting its global production network with ecosystem partners as it scales advanced AI manufacturing. Wistron said that the investment reflects efforts to deepen its technical capabilities, strengthen the resilience and efficiency of global supply chains, and support the next phase of AI infrastructure development.

About Wistron:
Wistron Corporation is a leading global technology service provider delivering advanced ICT products, AI infrastructure, and manufacturing solutions to technology brands worldwide. With more than 63,000 employees across North America, Europe, and Asia, Wistron continues to expand its AI, cloud, and advanced manufacturing capabilities to support the next generation of intelligent computing. For more information about Wistron, please visit the official website at www.wistron.com. Additional information about the event is available on the event website.

Media Contact:
Joyce WL Chou
joyce_wl_chou@wistron.com

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SOURCE Wistron Corporation

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NSG Bio Accelerates Breakthrough Biotech Innovation in Singapore

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New initiative under NSG Bio Tomorrow will support promising startups developing next-generation approaches in respiratory and neonatal care

SINGAPORE, July 22, 2026 /PRNewswire/ — The NSG Bio Tomorrow initiative aims at supporting emerging life sciences startups working on complex challenges in respiratory and neonatal care.

Launched through the support of Chiesi Group, The Impulse initiative will provide a selected startup with one year of NSG Bio membership and access to a dedicated laboratory bench at NSG Bio Singapore. The initiative is designed to help early-stage biotech companies move from promising science toward stronger proof-of-concept work in a fully equipped research environment.

The initiative comes at a time when the biotech industry is increasingly looking for faster, more connected ways to move high-potential science from the lab toward real-world patient impact. For startups, access to infrastructure is only one part of the challenge. Equally important are the right networks, industry visibility, technical environment, and opportunities to engage with partners who understand the path from early discovery to clinical relevance.

The programme will focus on startups developing innovative biotechnological solutions with potential relevance to chronic respiratory diseases and neonatal conditions. Areas of interest include cell therapies, gene therapies, gene-editing technologies, regenerative tissue engineering, engineered or programmable living systems, lung-targeted delivery platforms, preventive approaches, and small-molecule-based approaches.

The selected startup will gain access to NSG Bio’s laboratory infrastructure, shared workspaces, meeting facilities, and wider community of biotech entrepreneurs, researchers, scientific leaders, and industry partners. The support is intended to help the company advance key research milestones while becoming part of Singapore’s growing life-science innovation ecosystem.

For NSG Bio, the initiative is part of NSG Bio Tomorrow, its ecosystem-building arm created to expand the company’s role beyond facilities and real estate. While NSG Bio is known for providing high-quality laboratory and office infrastructure for biotech companies, NSG Bio Tomorrow focuses on building the programmes, partnerships, and opportunities that help startups grow.

“Biotech companies need more than lab space. They need access, momentum, and the right ecosystem around them,” said Hasyim Sim, Co-Founder and Chief Operating Officer, NSG Bio. “Through NSG Bio Tomorrow, we are building initiatives that help promising startups connect with partners, unlock opportunities, and move their science forward. This initiative reflects exactly the kind of role we want to play in the biotech ecosystem.”

“Chiesi is committed to supporting innovation that can make a meaningful difference for patients, and we work with entrepreneurs, researchers and partners to advance meaningful ideas,” said Fabrizio Conicella, Vice President, Center of Open Innovation & Competence at Chiesi Group. “By supporting this NSG Bio Tomorrow initiative, we want to create an opportunity for early-stage innovators to access the infrastructure and ecosystem support needed to develop impactful science in respiratory and neonatal care.”

NSG Bio Tomorrow programme also reinforces Singapore’s position as a growing hub for biotech innovation in Asia, where startups, research institutions, investors, and industry partners are increasingly coming together to support the next generation of healthcare companies.

Applications open on 22 July 2026 at 09:00 a.m. SGT. Finalists will be invited to present at a virtual pitch event, after which the selected startup will be announced.

About NSG Bio

NSG Bio is Singapore’s leading provider of BSL-2 certified co-working laboratory and office spaces, supporting life-science companies from early research through growth. Through its facilities, community, and ecosystem initiatives, NSG Bio enables biotech innovators to accelerate research, access networks, and build companies that address critical healthcare challenges.

About NSG Bio Tomorrow

NSG Bio Tomorrow is NSG Bio’s ecosystem-building arm, created to support the next generation of biotech innovation through partnerships, programmes, community initiatives, and opportunities that extend beyond physical laboratory infrastructure. Its mission is to strengthen the biotech industry by connecting startups with the resources, expertise, and networks they need to thrive.

About Chiesi Group 

Chiesi is a research-oriented international biopharmaceutical group that develops and markets innovative therapeutic solutions in respiratory health, rare diseases, and specialty care. The company’s mission is to improve people’s quality of life and act responsibly towards both the community and the environment. As a certified B Corp since 2019, Chiesi is part of a global community of businesses that meet high standards of social and environmental impact. 

With 90 years of experience, Chiesi is headquartered in Parma (Italy), with 31 affiliates worldwide, and counts more than 7,900 employees. The Group’s research and development centre in Parma works alongside 6 other important R&D hubs in France, the US, Canada, China, the UK, and Sweden. For further information please visit https://www.chiesi.com/en/home 

Media Contact
Giridharan
Laboratory Manager
NSG Bio
giridharan@nsgbio.com
87797175

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SOURCE NSG Bio

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House Judiciary Committee Passes Bill that Would Prevent Future Immigration Crises: Swift Action Needed by Full House, Says FAIR

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WASHINGTON, July 21, 2026 /PRNewswire/ — Today, the House Judiciary Committee passed an updated version of H.R. 2, the landmark border security bill from last congressional session. The bill now awaits consideration by the full House of Representatives. The Federation for American Immigration Reform (FAIR) urges Speaker Mike Johnson to schedule a final floor vote as soon as possible.

The Secure Border Act systematically closes the loopholes that allowed the Biden administration to unleash the largest and most damaging wave of illegal immigration in American history. Enactment of this legislation would prevent future anti-borders administrations from shirking their responsibilities to secure our borders and enforce our immigration laws; asserting unlimited discretion to parole inadmissible aliens to enter the country; or releasing millions of illegal aliens into the country, rather than detaining them or returning them to the country from which they entered.

“We congratulate the Judiciary Committee for its swift action on this critical legislation,” said Dale Wilcox, executive director and general counsel of FAIR. “Ending border chaos and rampant illegal immigration was a key reason that Republicans regained control of the White House and both chambers of Congress in the last election. The clock is ticking on the 119th Congress, and Republicans only have a short time to deliver on the promises they made to voters in 2024, before the midterms.

“Right now, our immigration laws are being enforced in the interests of the American people. As the last administration demonstrated, enforcement of those laws is not guaranteed unless Congress acts to prevent similar abuse in the future. Now is the time for decisive action in the House, where this bill can be passed with a simple majority vote, and an opportunity for Senate Majority Leader John Thune to put every member of that body on record before voters go to the polls in the fall,” Wilcox concluded.

Hayley Hill, hhill@fairus.org 202-328-7004

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SOURCE Federation for American Immigration Reform (FAIR)

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