Global Exhibitions Market projected to reach USD 66,749.9 Million by 2033, with 4.7% CAGR growth
From GlobeNewswire: 2024-08-02 00:30:00
The global Exhibitions Market is projected to reach approximately USD 66,749.9 Million by 2033, with a compound annual growth rate (CAGR) of about 4.7% between 2024 and 2033. Factors driving growth include globalization, technological advancements, networking opportunities, brand promotion, knowledge sharing, government support, and consumer preferences for immersive experiences.
In 2023, The Orange County Convention Center and Walt Disney World formed a Gold Key Partnership to enhance exposure for corporate events and trade shows. Flash Entertainment expanded to Riyadh, Saudi Arabia, aligning with the country’s entertainment sector growth. The Exhibitions Market is forecasted to witness continued growth in revenue and industry development.
The COVID-19 pandemic had both positive and negative impacts on the Exhibitions Market, causing event cancellations and a shift to virtual formats. However, with the gradual return to in-person events and the adoption of hybrid event models, the industry is experiencing a resurgence in attendance. Innovative technologies and collaboration among stakeholders are driving recovery and growth post-pandemic.
The Exhibitions Market offers growth opportunities for businesses, with North America, Europe, Asia-Pacific, and LAMEA emerging as key regions. Market dynamics include growth drivers, restraints, investment opportunities, and leading trends. The competitive landscape features top vendors and other prominent players, providing insights for strategic decision-making in the industry.
Read more at GlobeNewswire: [Latest] Global Exhibitions Market Size/Share Worth USD