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The Event Technology industry is rapidly evolving, driven by the continued hybridisation of events. There's a strong demand for integrated solutions that offer both online and offline capabilities, precise timing, and seamless audience engagement. Data privacy and security, like GDPR compliance, are increasingly important. Specialised tools for live production and broadcasting are seeing sustained growth.
Total Assets Under Management (AUM)
Event Management Software Market Size in United States
~$5.3 Billion (2023)
(13.6% CAGR)
- Market size for Event Management Software (EMS) was $5.3 billion in 2023.
- Expected to reach $10.5 billion by 2028.
- Driven by hybrid events and automation needs.
5.3 billion USD
Utilizing AI and machine learning to analyze past event data and speaker patterns to predict potential timing overruns and suggest real-time adjustments.
Incorporating augmented reality (AR) and virtual reality (VR) into event production for immersive timing displays and interactive presenter cues.
Implementing blockchain technology for immutable and transparent logging of event data, including timing and attendance, enhancing security and compliance.
The CCPA (2020) grants California consumers extensive rights regarding their personal information, including the right to know, delete, and opt-out of the sale of their data, while the CPRA (2023) expanded these rights and established the California Privacy Protection Agency (CPPA).
Stagetimer.io must ensure its data collection and processing practices for US users, particularly in California, comply with strict consumer rights regarding data access, deletion, and opt-out, potentially requiring changes to data handling and consent mechanisms.
Though not yet law, this proposed federal legislation aims to prevent dominant online platforms from unfairly favoring their own products or services, potentially impacting how event tech platforms integrate and compete.
If passed, Stagetimer.io could face implications related to how its services are offered or integrated within larger event management platforms, potentially affecting partnerships and market access.
This federal law mandates minimum security requirements for IoT devices owned or controlled by federal agencies, pushing for better cybersecurity practices across the IoT ecosystem.
While not directly regulating Stagetimer.io's software, this act fosters an environment where robust cybersecurity is expected for all connected devices used in government or enterprise settings, pushing Stagetimer.io to maintain high security standards for its multi-device control capabilities.
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