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Exhibition Market Analysis

  • Report ID: GMI10095
  • Published Date: Jul 2024
  • Report Format: PDF

Exhibition Market Analysis

Based on type, the market is divided into trade shows, consumer shows, art and culture exhibitions, and others. The trade shows segment accounted for a market share of over 57% in 2023. Trade shows are increasingly incorporating advanced data analytics to enhance exhibitor and attendee experiences. By leveraging real-time data, organizers can personalize interactions, optimize layouts, and improve matchmaking between participants. This data-driven approach ensures more targeted networking opportunities and maximizes the return on investment for all stakeholders.
 

Additionally, the use of AI in trade shows is on the rise. AI-powered tools are being utilized for tasks such as automating registration, providing personalized recommendations, and facilitating efficient lead generation. This integration of AI enhances operational efficiency and elevates the overall event experience for attendees and exhibitors alike.
 

Exhibition Market Revenue Share, By Enterprise Size, 2023

Based on enterprise size, the exhibition market is categorized into large enterprise and SMEs. The large enterprise segment accounted for around 73% of the market share in 2023. Large enterprises are increasingly investing in exhibition experiences tailored to their brand identities and strategic goals. These customized showcases incorporate interactive technologies, immersive displays, and exclusive networking opportunities. Such tailored approaches not only enhance brand visibility but also attract high-value partnerships and stakeholders.
 

For instance, in February 2024, Messe Frankfurt, an international trade show organizer, planned to enhance its presence in Central Asia by launching seven new brand events in Tashkent, Uzbekistan. These gatherings will focus on crucial sectors including automotive, logistics, transportation, textiles and clothing, and cosmetics. 
 

North America Exhibition Market Size, 2022-2032 (USD Billion)

North America dominated the exhibition market, with a major share of around 35% in 2023. In North America, there is a notable shift toward hybrid exhibition formats blending physical and virtual elements. This growth allows broader audience engagement, accommodating both local attendees and participants. Hybrid events offer flexibility, lower costs, and increased accessibility, catering to diverse preferences and maximizing reach across the continent. For instance, in September 2023, Engage Works, a creative technology agency, unveiled Flux Innovation Lounge 2.0, an innovative event space tailored for in-person gatherings, hybrid events, collaboration workshops, and client sessions.

 

In Europe, countries such as France, Italy, Germany, and the UK are witnessing a surge in sustainability-focused exhibitions. Organizers are prioritizing eco-friendly practices, from venue selection and waste reduction strategies to promoting renewable energy and sustainable materials. These efforts align with regional environmental policies and consumer demands for greener events. Sustainability-driven exhibitions not only attract environmentally conscious exhibitors and attendees but also position Europe as a leader in responsible event management within the global exhibition market.
 

Asia Pacific is experiencing rapid growth in virtual and hybrid exhibition formats, driven by technological advancements and increasing digital connectivity. These formats enable broader participation from across the region and globally, accommodating diverse cultural and business needs. The shift toward virtual platforms offers cost-effective solutions and enhances accessibility, particularly in markets, such as China, Japan, India, and Southeast Asia, where traditional and digital engagement are merging to optimize attendee experiences.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of exhibition reached USD 39.4 billion in 2023 and is set to witness 7% CAGR between 2024 and 2032, due to ization along with increasing cross-border business interactions for facilitating business relationships and partnerships.

The large enterprise segment in the exhibition industry held 73% revenue share in 2023, owing to investments in customized exhibition experiences with interactive technologies and immersive displays for enhancing brand visibility and attracting key partnerships.

North America market accounted for 35% revenue share in 2023, driven by a shift towards hybrid formats blending physical and virtual elements, enhancing audience engagement, flexibility, and accessibility for local and participants.

Reed Exhibitions, Informa PLC, Messe Frankfurt, Messe Düsseldorf, Fiera Milano, Emerald Expositions Events, Inc., and Koelnmesse GmbH, among others.

Exhibition Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 300
  • Countries covered: 25
  • Pages: 250
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