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Industry Landscape

The event management industry is currently experiencing a robust recovery and growth phase post-pandemic, driven by increasing demand for in-person, hybrid, and virtual events. Technology integration, sustainability, and personalized experiences are key trends shaping the industry, with a strong focus on delivering measurable ROI for clients.

Industries:
Event PlanningCorporate EventsLive EventsEvent TechnologyExperiential Marketing

Total Assets Under Management (AUM)

Event Management Market Size in United States

~37.1 billion USD

(15.0% CAGR)

• Corporate events dominate the market.

• Live entertainment and sports contribute significantly.

• Hybrid and virtual events drive technological adoption.

Total Addressable Market

37.1 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

AI-Powered Event Personalization

AI and machine learning can analyze attendee data to personalize event content, recommendations, and networking opportunities, significantly enhancing the attendee experience.

Immersive Virtual & Hybrid Event Platforms

Advanced virtual and hybrid platforms incorporating augmented reality (AR) and virtual reality (VR) will create more engaging and realistic experiences for remote attendees, bridging the gap with in-person events.

Blockchain for Ticketing & Data Security

Blockchain technology can provide secure, transparent, and immutable solutions for ticketing, ensuring authenticity and reducing fraud, while also enhancing data security and privacy for attendees and organizers.

Impactful Policy Frameworks

Americans with Disabilities Act (ADA) Amendments Act of 2008 (ADAAA)

While not new, the ADAAA continues to be enforced, requiring public accommodations, including event venues and virtual platforms, to provide accessible experiences for individuals with disabilities. This includes physical access, communication access, and increasingly, digital accessibility standards for online events.

Event organizers must ensure both physical venues and virtual platforms are fully accessible to comply with ADA regulations, impacting venue selection, platform choice, and event design.

California Consumer Privacy Act (CCPA) - 2018 (amended by CPRA 2020)

The CCPA, significantly bolstered by the California Privacy Rights Act (CPRA) in 2020, grants California consumers extensive rights regarding their personal information collected by businesses, including the right to know, delete, and opt-out of the sale or sharing of their data. This impacts how event organizers collect, store, and use attendee data.

Businesses like Power Station Events must implement robust data privacy protocols, obtain explicit consent for data collection, and provide clear mechanisms for attendees to manage their personal information.

CAN-SPAM Act of 2003

This federal law establishes requirements for commercial email, including event marketing communications, giving recipients the right to have emails stopped from being sent to them and outlining strict penalties for violations. It mandates clear identification of the sender, an opt-out mechanism, and prohibits deceptive subject lines.

Event marketers must adhere strictly to email marketing regulations, ensuring all promotional communications are compliant with opt-out mechanisms and transparency requirements to avoid penalties.

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