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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Starting a New Business Chapter

The various products and service lines provided by industry operators have different entry barriers. Event promoters and event managers tend to have far lower barriers to entry than ticketing agencies. As event promotion and event management account for the majority of industry revenue, barriers to entry into the industry are considered to be low. These segments are heavily reliant on human capital investment, which means greater ease of entry as start-up costs are heavily reduced. Low entry barriers are reflected in the high level of competition within the segment and the large number of non-employing businesses... 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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