Industry Analysis & Industry Trends
After a period of slow growth and diminished corporate spending plagued industry operators, trade show and event planners will experience improved conditions over the next five years. With domestic travel on the rise and a return of corporate profit, more individuals will attend trade shows and conventions again. Nevertheless, the growth of online events may limit future growth... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Trade Show and Conference Planning industry is in the mature phase of its life cycle. Although many cities have heavily invested in convention centers over the past decade, the industry is expected to grow slower than the overall economy during the 10 years to 2020. IBISWorld estimates that the industry's contribution to the overall economy, measured by industry value added (IVA), will increase by an average of 3.8% annually, which is slightly above annualized GDP growth of 2.5% over the same period.
In addition, the industry has recently experienced a period of consolidation. IBISWorld estimates that the number of industry enterprises is expected to increase during the same 10 year period, at an average annual rate of 2.2% to 5,008 enterprises... purchase to read more