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Events Industry Market Size to Grow by USD 1.07 Trillion from 2025-2029, Surge in Corporate Events to Boost Revenue, Report with the AI Impact on Market Trends – Technavio

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NEW YORK, Feb. 7, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global events industry market  size is estimated to grow by USD 1.07 trillion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  13.5%  during the forecast period. Rise in number of corporate events is driving market growth, with a trend towards growing popularity of events in education. However, emerging threat from open-source virtual events solutions  poses a challenge. Key market players include Access Destination Services, Anschutz Entertainment Group Inc., ATPI Ltd., BCD Travel Services BV, CL EVENTS AND WEDDINGS, Clarion Events Ltd., CS Ellis, Cvent Holding Corp., DRP Holdings Ltd., Entertaining Asia Ltd., Event Rhythm, Group Seven Events Ltd., Liberty Media Corp., Questex Media Group LLC, Regpack Inc., RELX Plc, Riviera Events, Theism Events, and The Freeman Co..

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF

Forecast period

2025-2029

Base Year

2024

Historic Data

2019 – 2023

Segment Covered

Type (Corporate events and seminar, Music concert, Festival, Sports, and Others), Source (Sponsorship, Ticket sale, and Others), Geography (Europe, North America, APAC, Middle East and Africa, and South America), Revenue Type (Ticket Sale, Sponsorship, Food and Beverage, Advertising, Merchandise Sales, Membership Fees, Participation Fees, Media and Licensing Revenue, and Others), Age Group (Below 20 Years, 21 to 40 Years, and Above 40 Years), and Event Location (Tier 1 Cities, Tier 2 Cities, and Tier 3 Cities)

Region Covered

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

Key companies profiled

Access Destination Services, Anschutz Entertainment Group Inc., ATPI Ltd., BCD Travel Services BV, CL EVENTS AND WEDDINGS, Clarion Events Ltd., CS Ellis, Cvent Holding Corp., DRP Holdings Ltd., Entertaining Asia Ltd., Event Rhythm, Group Seven Events Ltd., Liberty Media Corp., Questex Media Group LLC, Regpack Inc., RELX Plc, Riviera Events, Theism Events, and The Freeman Co.

Key Market Trends Fueling Growth

The Events Industry encompasses a wide range of public gatherings, from business objectives such as conferences, exhibitions, seminars, and corporate events, to celebrations of achievements and entertainment. This industry caters to diverse audiences, including corporate organizations, public entities, and non-governmental organizations (NGOs). Events serve various purposes, such as promotions, fundraising initiatives, sports events, festivals, and trade shows. Business events, like conferences and exhibitions, provide a hands-on learning environment for participants, fostering discussions, interactions, and knowledge exchange. They offer significant financial burdens with intricacies like venue costs, event rentals, entertainment expenses, and production costs. Music performances and art performances are integral to the entertainment industry, with music concerts, music festivals, and music conferences featuring international music professionals and performing artists. The sports sector includes sports events, professional sports organizations, and fantasy sports, with telecasting/broadcasting rights and sports sponsorships playing crucial roles. Virtual events and hybrid events have gained popularity in the digital evolution, allowing for cost-effective, easily accessible experiences through smartphones, desktop apps, and mobile apps. Event logistics, registration, ticketing processes, and attendee experiences are essential components of event organization, ensuring customer satisfaction and real-time communication tools. The Events Industry is segmented into various sectors, including corporate events & seminars, music & art performances, sports competitions, and public organizations & NGOs. Event sponsorships are essential for businesses seeking brand loyalty, customer engagement, and positive impressions. Overall, the industry continues to evolve, with emerging technologies and event management companies adapting to societal needs. 

Virtual events in the education sector are gaining popularity as an effective and cost-efficient method for delivering training sessions. These events allow students to access learning materials from qualified instructors at their convenience, regardless of location. Virtual classrooms utilize game dynamics to maintain student engagement and develop time management skills. Additionally, conferencing features enable interactive sessions between students and faculty members, while social media integration enhances networking opportunities. This innovative approach to education reduces expenses and broadens access to quality instruction. 

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Market Challenges

The Events Industry encompasses public gatherings for business objectives, celebrations of achievements, entertainment, and support for community causes. This industry includes conferences, exhibitions, corporate events, seminars, promotions, fundraising initiatives, sports events, festivals, trade shows, and more. Corporate organizations, public entities, and non-governmental organizations (NGOs) host these events for diverse audiences to meet societal needs. Business events offer a hands-on learning environment, discussions, interactions, and knowledge exchange. They aim for financial profitability and positive impressions. Challenges include significant expenditures, intricacies, and communication complexities. The Entertainment Industry intertwines with Events, featuring music concerts, art performances, and sports events. Virtual events, hybrid events, and sponsorships are increasingly popular. Event organization involves event planning, registration, ticketing processes, attendee experiences, and customer satisfaction. Digital evolution impacts the industry with smartphones, desktop apps, and mobile apps. Real-time communication tools, internal processes, international collaborations, and event logistics are essential. The Events Industry is segmented into B2B, B2C, large enterprises, and various event types like corporate events & seminars, music & art performances, and sports competitions.Open-source virtual events pose a significant challenge to commercial enterprise virtual event vendors due to their cost-effectiveness. These software solutions can be downloaded and used on various platforms without any purchasing or licensing fees. Open-source options, such as OpenSim, VirtualBox, and Xen Project, offer basic features comparable to proprietary virtual events. Micro and small-scale enterprises, as well as individual users, prefer open-source virtual events for their affordability. The availability of these free alternatives limits the market for proprietary virtual event providers.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This events industry market report extensively covers market segmentation by

TypeCorporate Events And SeminarMusic ConcertFestivalSportsOthersSourceSponsorshipTicket SaleOthersGeographyEuropeNorth AmericaAPACMiddle East And AfricaSouth AmericaRevenue TypeTicket SaleSponsorshipFood And BeverageAdvertisingMerchandise SalesMembership FeesParticipation FeesMedia And Licensing RevenueOthersAge GroupBelow 20 Years21 To 40 YearsAbove 40 YearsEvent LocationTier 1 CitiesTier 2 CitiesTier 3 Cities

1.1 Corporate events and seminar-  The corporate events and seminars segment of the events industry market is experiencing notable growth due to the complete digitization of core event management processes and the increasing importance of customer-centricity. This segment caters to end-users like private organizations, businesses, corporations, trading associations, educational institutions, and political parties. By outsourcing event planning, these organizations can reduce operational costs by approximately 30%. Services provided include research, venue selection, hotel reservations, transportation, food and entertainment arrangements, site visits, and event execution. Despite this growth, the market share of the corporate events and seminars segment is decreasing due to the expansion of other industries, such as corporations, music, and concerts. Nevertheless, professional development conferences, strategic planning meetings, and annual shareholder meetings continue to contribute significantly to the overall growth of the corporate events and seminars segment. These factors are expected to fuel the expansion of the global events industry market throughout the forecast period.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 – 2023) 

Research Analysis

The Events Industry encompasses a vast array of public gatherings, each with unique business objectives. From celebrations of achievements and entertainment to support for community causes, conferences, exhibitions, corporate events, seminars, promotions, and fundraising initiatives, Events serve various purposes. Business profitability is a significant factor, with transactions taking place through online booking and phone calls. Time and place are crucial elements, ensuring smooth execution and maximum impact. Music and art performances, sports, festivals, and trade exhibits cater to diverse populaces. The Events Industry is a dynamic and vibrant sector, bringing people together for a myriad of reasons.

Market Research Overview

The Events Industry encompasses a wide range of public gatherings, serving various business objectives and societal needs. These events include celebrations of achievements, entertainment spectacles, support for community causes, conferences, exhibitions, corporate events, seminars, promotions, fundraising initiatives, sports events, festivals, trade shows, and more. Participants engage in discussions, interactions, and learning opportunities, while organizers manage the intricacies and significant expenditures. Business entities, public organizations, non-governmental organizations (NGOs), and diverse audiences come together in this vibrant sector. Events serve various purposes, from knowledge exchange and networking to marketing and brand loyalty. The entertainment industry, including music concerts, art performances, and sports, plays a significant role. Virtual events, hybrid events, and sponsorships have become increasingly popular, with organizers leveraging software, platform, and B2B/B2C organizations for cost-effective and easily accessible solutions. Real-time communication tools and digital evolution facilitate seamless event logistics, registration, ticketing processes, and attendee experiences. The Events Industry caters to large enterprises, professional sports organizations, and international collaborations, with various segments, including corporate events & seminars, conferences & exhibitions, promotion & fundraising, music & art performances, and sporting competitions. Overall, the industry continues to evolve, adapting to emerging technologies and the ever-changing needs of its diverse clientele.

Table of Contents:

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

TypeCorporate Events And SeminarMusic ConcertFestivalSportsOthersSourceSponsorshipTicket SaleOthersGeographyEuropeNorth AmericaAPACMiddle East And AfricaSouth AmericaRevenue TypeTicket SaleSponsorshipFood And BeverageAdvertisingMerchandise SalesMembership FeesParticipation FeesMedia And Licensing RevenueOthersAge GroupBelow 20 Years21 To 40 YearsAbove 40 YearsEvent LocationTier 1 CitiesTier 2 CitiesTier 3 Cities

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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TS Imagine Expands Integration with Trumid’s Fixed-Income Trading Platform

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Adds Access to Trumid RFQ Automation
and Trumid Full Self Trading (FST™)

NEW YORK, July 23, 2026 /PRNewswire/ — TS Imagine, a leading global cross-asset provider of trading, portfolio, risk management and prime brokerage solutions, announced an expanded workflow integration with Trumid, a financial technology company and leading fixed income electronic trading platform.

The enhanced integration provides TS Imagine clients with broader access to Trumid’s electronic trading ecosystem, including its list-based workflows—Trumid RFQ and Portfolio Trading (PT)—while expanding RFQ automation and cross-protocol capabilities. Clients can now access:

Trumid’s RFQ network, enabling automated workflows through RFQ Auto-Submit via Trumid AutoPilot™ for RFQ, along with API-driven executionHeadless RFQ responder, initiator, and voice inquiry workflows Trumid Full Self Trading (FST™), Trumid’s automated cross-protocol execution capability connecting liquidity and execution opportunities across Trumid RFQ and Swarms, with expansion to Trumid Attributed Trading (firm dealer streams) planned for H2 2026. 

TS Imagine first integrated with Trumid in 2020, including support for Trumid’s Fair Value Model Price (FVMP™) predictive pricing model for corporate bonds.

Alexis Sainte Marie, Fixed Income Product, TS Imagine, said:

“Our expanded relationship with Trumid is an important step for TS Imagine clients seeking greater access to liquidity and workflow automation. We’ve particularly seen significant growth in areas like portfolio trading and RFQ and will continue to work closely with the Trumid team to enhance trading opportunities for our customers.”

Jason Quinn, Chief Product Officer & Global Head of Sales at Trumid, said: 

“Our mutual clients continue to benefit from the integration with TS Imagine, particularly as adoption of Trumid’s list-based workflows continues to accelerate. As clients increasingly engage across multiple Trumid trading protocols, we see additional opportunities to expand our relationship and deliver even greater value for our mutual clients.”

Trumid’s list protocols continued to deliver strong growth during Q2 2026. Trumid RFQ Average Daily Volume (ADV) increased 122% year-over-year, while automated trade volumes executed through Trumid AutoPilot™ for RFQ more than doubled. Trumid PT volume rose approximately 40% year-over-year, with the protocol recording its highest quarterly ADV alongside all-time highs in buy-side participation and lists traded. 

About TS Imagine 

TS Imagine delivers a best-in-class SaaS platform for integrated electronic front-office trading, portfolio management, prime brokerage, and financial risk management. Our global team of technologists continuously develops software and deploys new technologies that empower financial institutions to outperform markets and manage risk in real time. Many of the world’s leading financial institutions trust TS Imagine’s platform to manage their risk exposure and make better trading decisions across derivatives, equities and fixed income, cutting complexity and driving efficiencies.

About Trumid

Trumid is a financial technology company and fixed income electronic trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. Trumid optimizes the credit trading experience by combining agile technology and market expertise, with a focus on product design. The result is a differentiated ecosystem of protocols and trading solutions delivered within one intuitive platform. Learn more at www.trumid.com.

MEDIA CONTACTS

Greentarget for TS Imagine
tsimagine@greentarget.co.uk

Trumid Press
+1 (212) 618-0300
press@trumid.com

View original content:https://www.prnewswire.com/news-releases/ts-imagine-expands-integration-with-trumids-fixed-income-trading-platform-302832754.html

SOURCE Trumid

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Passage Preparation Wins 2026 CODiE Award for Best Professional Learning Platform

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CHARLOTTESVILLE, Va., July 23, 2026 /PRNewswire/ — Passage Preparation™, a division of K12 Coalition, has been named a 2026 CODiE Award Winner in the category Best Professional Learning Platform.

The CODiE Awards recognize the most innovative products, platforms and services across technology and education. Winners are selected through a rigorous evaluation process led by independent industry experts who assess each solution based on innovation, functionality, market impact, and overall value.

Selected from 228 finalists across 75 categories, the 2026 CODiE Award winners represent the solutions setting new standards for excellence and innovation.

“We are honored to receive this recognition from the CODiE Awards,” said Nathan Estel, Managing Director of Passage Preparation. “This award reflects our team’s commitment to helping aspiring educators build the knowledge, confidence, and instructional expertise they need to succeed on their licensure exams. We remain dedicated to strengthening the educator pipeline through innovative learning experiences that prepare great teachers for the classroom.”

As schools across the country face persistent teacher shortages, Passage Preparation is helping accelerate the path from aspiring educator to licensed classroom teacher. The platform provides comprehensive licensure exam preparation tailored to state certification requirements and subject areas, ensuring candidates focus on the content most relevant to their certification pathway. Developed by experienced teachers and teacher educators, every course is aligned with both licensure standards and evidence-based instructional practices, equipping candidates with the skills they need to succeed on certification exams and in the classroom.

Unlike traditional test-preparation programs that emphasize memorization and test-taking strategies, Passage Preparation builds lasting content knowledge and teaching proficiency through engaging, interactive learning experiences. Candidates benefit from diagnostic assessments that identify strengths and areas for improvement, detailed progress reporting, practice assessments, and personalized study plans. Flexible self-paced learning is complemented by live virtual cohorts that provide instructor guidance, peer collaboration, and accountability, creating a supportive professional learning community for busy educators.

Designed with accessibility and flexibility in mind, Passage Preparation includes tools such as Immersive Reader, offering real-time translation in more than 100 languages, text-to-speech functionality, customizable display settings, and other features that support diverse learning needs. The platform has consistently helped improve certification exam pass rates, enabling many candidates to earn licensure on their first attempt, saving valuable time and costs. By preparing more educators to enter the profession successfully, Passage Preparation helps districts fill critical teaching positions faster and strengthens the educator workforce nationwide.

“The 2026 CODiE Award winners represent some of the most innovative and impactful solutions in the industry,” said Jennifer Baranowski, President of the CODiE Awards. “These organizations are solving meaningful challenges, delivering measurable outcomes, and helping shape the future of technology.”

A complete list of 2026 CODiE Award winners is available at https://codieawards.com/winners.

About K12 Coalition 

K12 Coalition is a collective of specialized education products and services with a common mission to provide a great education for every student in every classroom every day. The company offers deep expertise in solving five macro K-12 education challenges: teacher certification, professional learning, literacy and math curriculum, accelerated student learning through summer school, and district support, including strategic planning and consulting. Learn more at k12coalition.com.

About Passage Preparation

Passage Preparation specializes in providing comprehensive licensure assessment preparation resources designed to bolster teacher confidence and proficiency. These learning resources equip licensure candidates with the knowledge necessary for success on exams and instill in them best teaching practices using methodologies thoughtfully curated to be engaging and aligned precisely with the content covered on the licensure exams. Passage Preparation is part of K12 Coalition, a certified B Corporation helping schools and teachers thrive nationwide.

Media Contact:
Alex Fairchild
K12Coalition@finnpartners.com 

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SOURCE K12 Coalition

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Knox Systems Partners with Microsoft to Accelerate Secure Government Access to Commercial Innovation on Microsoft Azure

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Strategic collaboration helps software companies bring cutting-edge commercial technology to the U.S. Government faster through Microsoft Azure Government Cloud

NEW YORK and WASHINGTON, July 23, 2026 /PRNewswire/ — Knox Systems (Knox), the largest, longest-running federal managed cloud, today announced a collaboration with Microsoft to help commercial software companies deploy secure, mission-ready solutions on Microsoft Azure Government Cloud for U.S. Government customers.

As demand for modern AI, cybersecurity, data, and enterprise software continues to grow across the public sector, the partnership is designed to reduce the barriers that have historically prevented government agencies from accessing the same technologies already transforming the commercial market.

Knox enables software providers to achieve production-ready federal cloud environments in as little as 90 days through its pre-authorized Federal Managed Cloud. By inheriting a substantial portion of required security controls, companies can reduce the time, effort, cost, and compliance burden associated with deploying compliant government cloud solutions. Combined with Microsoft Azure’s trusted government cloud platform, the collaboration provides an accelerated path for innovative software companies seeking to serve federal civilian and defense customers.

“America’s greatest technology companies shouldn’t spend years navigating compliance before they can help solve government missions,” said Irina Denisenko, CEO of Knox Systems. “Microsoft has built one of the world’s most trusted cloud platforms for government. Knox removes the operational barriers that can keep innovative software companies from deploying secure, compliant solutions on Azure Government. Together, we’re making it dramatically faster for agencies to access the technologies they need, securely, compliantly, and at mission speed.”

The collaboration strengthens Microsoft’s ecosystem for independent software vendors (ISVs) pursuing government opportunities while expanding the pathway for AI-native, cybersecurity, enterprise software, and critical infrastructure companies to bring production workloads to Azure.

“Microsoft is committed to helping software companies innovate for government while meeting the highest standards for security and compliance,” said Jamie Harper, VP, Defense Industrial Base, Microsoft. “Our collaboration with Knox provides organizations with an accelerated path to deploy innovative solutions on Microsoft Azure Government Cloud, helping government agencies gain faster access to the technologies that support critical missions.”

Knox currently operates one of the industry’s largest FedRAMP-authorized managed cloud environments, supporting more than 70 software companies and maintaining 16 US Federal and Department of War Authorizations to Operate (ATOs). Customers including Adobe, Armis, Celonis, BigID, and other leading software providers rely on Knox to bring commercial innovation to government faster while maintaining rigorous security standards.

As AI adoption accelerates across government, the partnership reflects a shared commitment to ensuring agencies can securely leverage the same cutting-edge technologies already powering the commercial economy.

About Knox Systems

Knox Systems operates the largest managed federal cloud, trusted by top agencies and partners across defense and civilian sectors. Built for speed, resilience, and compliance, Knox delivers FedRAMP authorization in 90 days – turning the biggest bottleneck in government IT into the fastest path to modernization. Knox proudly serves Adobe, Celonis, OutSystems, Armis, BigID, and more AI and SaaS providers, accelerating secure innovation across the federal landscape. Learn more at knoxsystems.com.

Media Contact:
knox@w2comm.com

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SOURCE Knox Systems, Inc

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