The event services industry in the UAE is expanding rapidly due to a variety of factors. The population's increased disposable income has resulted in an increase in the number of organized events, generating a need for specialized event services. Initiatives from the public and commercial sectors centered on social events, sports competitions, business exhibits, and conferences have propelled the market's growth.
The COVID-19 pandemic, on the other hand, had a negative influence on the sector owing to limits on large gatherings, leading to a temporary drop in overall demand for event services. In addition, high production costs, such as venue leasing and labor expenditures, provide a significant hurdle for event organizers.
Furthermore, acquiring experienced staff to serve the event service sector is a huge challenge, resulting in increased expenses and event planning delays. However, technological advancements have created new options for more effective and affordable event planning. Digitalization and the development of cutting-edge solutions like artificial intelligence, big data analytics, and cloud technology are altering event management procedures and increasing client engagement. While the growing acceptance of virtual and hybrid events has created new opportunities for the event service sector in UAE as companies are concentrating on digitizing their services.
UAE 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 concerts, 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.
Key companies tracked in the report are, CN Media Events., Bright Events, Al Rostamani Events, Twofour54, Mawased, ADNEC Group, GEMS Events, Expo Centre Sharjah, Artal Events, DMG Events Dubai.
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 UAE event services market.
- Assess and rank the top factors that are expected to affect the growth of UAE event services market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the UAE event services market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
UAE Event Services Market Report Highlights
| Aspects | Details |
 Forecast period | 2021 - 2031 |
 Report Pages | 71 |
 By Service |
|
 By Event Type |
|
 By End User |
|
 By Organization |
|
 Key Market Players | CN Media Events., Artal Events, GEMS Events, DMG Events Dubai, ADNEC Group, Twofour54, Bright Events, Expo Centre Sharjah, Al Rostamani Events, Mawased |
The UAE Event Services Market is projected to grow at a CAGR of 9.9% from 2021 to 2031
CN Media Events., Bright Events, Al Rostamani Events, Twofour54, Mawased, ADNEC Group, GEMS Events, Expo Centre Sharjah, Artal Events, DMG Events Dubai are the leading players in UAE 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 uae event services market.
3. Assess and rank the top factors that are expected to affect the growth of uae event services market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the uae event services market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
UAE Event Services Market is classified as by service, by event type, by end user, by organization
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