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Event Promotion and Management Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Event Promotion and Management Services Market Research Report | ANZSIC N7299 | Jul 2015

Private party: Higher demand for exhibitions and conferences has boosted revenue

IBISWorld’s Event Promotion and Management Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
1.3%
Annual Growth 16-21
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Profit
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Employment
20,280
Businesses
4,387
Industry Analysis & Industry Trends

The Event Promotion and Management Services industry has grown at a steady rate over the past five years, benefiting from higher downstream demand from a wide range of businesses, industries and households. These include industry associations that host conferences for member organisations, government departments holding exhibitions for communities and households purchasing tickets for music concerts and major sporting events. Each of these markets requires event promotion and management services provided by the industry. With stable demand for industry services, industry revenue is projected to increase at a compound annual rate of 1.3% over the five years through 2015-16 to $3.0 billion. This includes a 3.3% increase in the current year as demand strengthens... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Event Promotion and Management Services industry is in the mature phase of its economic life cycle. The industry is considered to be mature as it has established its position as an integral part of the events market, although it is not undergoing substantial growth. The industry is made up of a variety of different service segments, and each of these continues to play a role in holding business and consumer-based events, indicating the industry's maturity.

Industry value added (IVA) measures an industry's contribution to the overall economy. IVA is projected to rise by a compound annual 1.6% over the 10 years through 2020-21. IVA growth will therefore underperforms real GDP growth at a forecast compound annual rate of 2.8% over the same period... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Event Promotion and Management Services Industry?

The primary activities of industry participants are event management, event promotion and ticketing services. The industry also includes tourist information centre operations and fundraising on a commission or fee basis.

Industry Products
Event management servicesTicketing servicesEvent promotion servicesTourist information centre operationOther event services
 
Industry Activities
Event managementSports ticketingSports, art and similar event promotion (without facilities)Theatre and concert bookingTourist information centre operationFundraising on commission or fee basis


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