The Event Management Software Market statistical report, published by Market Research Future contains succinct information on the event management software market, segmented by deployment (cloud and on-premise) and forecast from 2016-2022. Growing adoption of cloud platform among industries and corporates, the increasing number of smartphone users is driving the event management software market.
On-premise deployment refers to installing the software on the person’s or on or the organization’s computer. On the other hand, cloud deployment refers to installing software on servers, driven by the growing adoption of advanced cloud technology among organizations. The low cost of deployment and easy implementation are the major factors behind the growing preference of cloud based deployment over on-premise deployment. Every application sector namely corporate, education, government, agencies & associations prefers to store their data on cloud instead of saving it on-premise for better security.
Europe Cloud Based Event Management Software Market is expected to reach USD 3.24 Billion by 2022 with a CAGR of 14.46%
Figure1: Europe Event Management Software Market, By Deployment, 2016 Vs 2022 (USD BILLION)