Event Services considered in the study refer to the services required for the event management and execution including communication, event catering, logistics, attendees management, virtual or hybrid event enabler, venue rentals, and others.
India Event Services Market is likely to experience significant growth for the forecast period owing to driving factors such as a rise in the number of corporate events, the increased spending power of the consumers on music & sports events, and other events. Technical developments and the digital revolution in the events sector in India also propel the growth of the events industry and also offer tremendous growth opportunities in the future. The major challenges faced by the live events industry in the country include the rapid adoption of virtual events in response to the outbreak of Covid-19.
By Service
The Location Rental segment dominated the market in 2021, and is also anticipated to be lucrative during the forecast period.
The demand for hybrid events has been growing in the recent past post the Covid-19 pandemic owing to the adoption of remote working and ease of event sharing through virtual event advancements. The challenge faced by the events industry includes the rising costs of the event services with technological advancements and players in the market are competing to gain a higher position in the market by providing lucrative and innovative event packages to the customers. The above factors are collectively likely to contribute to the growth of the event services market in India.
By Event Type
The Sports segment dominated the market in 2021, and is also anticipated to be lucrative during the forecast period.
The India 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.
By End User
The Sports segment held the major revenue share in 2021 and is expected to grow with the highest CAGR during the forecast period.
The major players profiled in the report are Meraevents.com, BookMyShow, Explara, Townscript, Instamojo, Qyuki, Eventifi, Hoppr and Yapsody.
By Organization
The Small and Medium Enterprises segment is anticipated to grow at a fastest CAGR during the forecast period.
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 India event services market.
- Assess and rank the top factors that are expected to affect the growth of India event services market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the India event services market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
India Event Services Market Report Highlights
| Aspects | Details |
 Forecast period | 2021 - 2031 |
 Report Pages | 90 |
 By Service |
|
 By Event Type |
|
 By End User |
|
 By Organization |
|
 Key Market Players | Qyuki, Meraevents.com, Hoppr, Instamojo, Townscript, Yapsody, Alibaba, Eventifi, Explara, BookMyShow |
The India Event Services Market is estimated to reach $17.3 billion by 2031
Meraevents.com, BookMyShow, Explara, Townscript, Alibaba, Instamojo, Qyuki, Eventifi, Hoppr, Yapsody are the leading players in India 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 india event services market.
3. Assess and rank the top factors that are expected to affect the growth of india event services market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the india event services market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
India Event Services Market is classified as by service, by event type, by end user, by organization
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