The events market in Europe is expected to grow from US$ 375.69 billion in 2022 to US$ 678.27 billion by 2028; it is estimated to grow at a CAGR of 10.3% from 2021 to 2028
The events market in Europe is expected to grow from US$ 375.69 billion in 2022 to US$ 678.27 billion by 2028; it is estimated to grow at a CAGR of 10.3% from 2021 to 2028. Entrepreneurship education for secondary and post-secondary students has a beneficial impact on entrepreneurial skills and goals, but it is unclear if this translates into long-term entrepreneurial engagement or revenue. A few comprehensive reviews in this domain in developing countries imply that secondary/tertiary entrepreneurship education impacts entrepreneurial ambitions, mentality, and abilities. Due to a shortage of job opportunities, many young people turn to entrepreneurship, particularly in developing countries. However, they may not necessarily be in entrepreneurial positions. Youth, families, and communities are more interested in developing programs that include skills training that may be used after the project ends. Access to financing is essential for young entrepreneurs who want to start or develop their firms. Unfortunately, many young individuals have the least ready access to funds. Access to money differs not only across countries but also between communities. This entails a detailed examination of various financial models and the development of goods customized according to the demand of users, which is further anticipated to drive the market in Europe.
Europe Events Market Segmentation
The Europe events market is segmented based on event type, type, revenue source, organizer, enterprise size, application, and country. Based on event type, the market is segmented into virtual, hybrid, and physical. The physical segment would dominate the market in 2022. The virtual segment is sub segmented into webinars and others. The others segment would dominate the market in 2022. In terms of application, the Europe events market is bifurcated into B2B and B2C. The B2B segment would dominate the market in 2022. Based on enterprise size, the market is categorized into small and medium enterprises and large enterprises. The large enterprises segment would dominate the market in 2022. In terms of revenue source, the Europe events market is segmented into ticket sale, sponsorship, and others. The sponsorship segment would dominate the market in 2022. Based on organizer, the market is segmented into corporate, sports, education, entertainment, and others. The corporate segment would account for the largest market share in 2022. In terms of type, the Europe events market is segmented into music concert, festivals, sports, exhibitions and conferences, corporate events and seminars, and others. The sports segment would dominate the market in 2022. Based on country, the Europe events market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. The UK would dominate the market in 2022.
Key players operating in the Europe events market include Anschutz Entertainment Group; ATPI Ltd.; BCD Meetings & Events; Cvent Inc; Live Nation Worldwide, Inc.; Pollstar; and StubHub.