United Kingdom Event Industry Market Size, Share, and COVID-19 Impact Analysis, By Type (Music Concert, Festivals, Sports, Exhibitions and Conferences, Corporate Events and Seminars, Others), By Revenue Source (Ticket Sale, Sponsorship, Others), By Organizer (Corporate, Sports, Education, Entertainment, Others), and United Kingdom Event Industry Market Insights, Industry Trend, Forecasts to 2035
Industry: Consumer GoodsUnited Kingdom event industry Market Insights Forecasts to 2035
- The United Kingdom Event Industry Market Size was Estimated at USD 80.21Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 4.92%from 2025 to 2035
- The United Kingdom Event Industry Market Size is Expected to Reach USD 136.10 Billion by 2035
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According to a research report published by Spherical Insights & Consulting, the United Kingdom Event Industry Market Size is anticipated to reach USD 136.10 Billion by 2035, Growing at a CAGR of 4.92%from 2025 to 2035. The market's growth is driven by the technologically advanced sector's and the international market's rapid growth, as well as a young audience who visit conferences, seminars, and additional events to learn fresh knowledge. Moreover, it provides platforms for emerging forms of art, culture, and other things that open up opportunities for new markets.
Market Overview
The United Kingdom event industry market refers to the marketplace related to the consumer goods industry that focuses on executing the required preparations, organizing, and carrying out a variety of special events, including conferences, business meetings, exhibits, festivals, concerts, and social events. Concurrently, this industry provides a wide range of services to provide visitors with experiences they won't soon forget, from venue selection and event planning to logistics management, catering, and technological integration. Corporate, entertainment, sports, and education are just a few key industries that the events industry serves. Additionally, entertainment events like music festivals and theatrical performances provide cultural and recreational experiences, demonstrating the major significance of the event market and its expanding prospects in the days ahead. The platform is integrated with ticketing services like Eventbrite and Skiddle, as well as accounting software Xero, making it easier for event professionals to manage costs, forecasting, approvals, and stakeholder coordination. The growth was driven by business events, exhibitions, and conferences, which attracted 6.9 million attendees and supported 114,000 jobs. The expansion of the events sector is aided by the surge in conferences, conventions, and trade shows brought about by globalization, international trade, and corporate networking opportunities.
Report Coverage
This research report categorizes the market for the United Kingdom event industry market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom event industry market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom event industry market.
United Kingdom Event Industry Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 80.21Billion |
Forecast Period: | 2025 - 2035 |
Forecast Period CAGR 2025 - 2035 : | 4.92% |
2035 Value Projection: | USD 136.10 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 189 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Type, By Revenue Source, By Organizer |
Companies covered:: | Showsec, The Ambassador Theatre Group Limited, The NEC Birmingham, Carnival UK (P&O Cruises & Cunard), RingCentral Events, FIRST, Live Group, Eventbrite, and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
The market for United Kingdom event industry market is influenced by the growing need for marketing that engages their target audience. Furthermore, event planners and marketers are progressively using innovative strategies in response to the increased demand from customers and enterprises, which drives market expansion. The industry has grown as a result of the increased number of seminars, meetings, and exhibitions made possible by the growth of globalization, which has led to international trade and entrepreneurial prospects. There is an increasing need for event management and planning services due to the growth of the United Kingdom event industry market.
Restraining Factors
The United Kingdom event industry market's susceptibility to fluctuations in the economy is impeding its expansion. Further, in economic downturns, companies may reduce their high event expenses, resulting in fewer events, fewer entertainment expenditures by consumers, and more cancellations or delays.
Market Segmentation
The United Kingdom event industry market share is classified into type, revenue source, and organizer.
- The exhibitions and conferences segment held a significant share in 2024 and is expected to grow at a rapid pace over the forecast period.
The United Kingdom event industry market is divided by type into music concert, festivals, sports, exhibitions and conferences, corporate events and seminars, and others. Among these, the exhibitions and conferences segment held a significant share in 2024 and is expected to grow at a rapid pace over the forecast period. This is because various types of events provide diversity to promote staff participation and connections with customers while communicating their opinions, strategies, and breakthroughs by addressing specific interests and catering to niche clients. The rise of these divisions is also being driven by growth drivers such as increased consumer disposable income, better event management and digital marketing, and continuous innovation in immersive advertising.
- The sponsorship segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The United Kingdom event industry market is differentiated by revenue source into ticket sale, sponsorship, and others. Among these, the sponsorship segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. As compared to other segments, this one is an effective tool since it conquers the target audience, boosts awareness of the brand, and is influenced by the basic principles of successful advertising. Additionally, by sponsoring events, major companies can reach a wider range of prospective consumers and clients, which will ultimately increase financial gain.
- The entertainment segment held the highest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
The United Kingdom event industry market is segmented by organizer into corporate, sports, education, entertainment, and others. Among these, the entertainment segment held the highest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Video games and esports' popularity and substantial revenue share are the main drivers of this segmental growth. The segment's growth is further enhanced by the fact that esports events, conventions, and expos unite gamers and are supported by global business executives.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom event industry market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Showsec
- The Ambassador Theatre Group Limited
- The NEC Birmingham
- Carnival UK (P&O Cruises & Cunard)
- RingCentral Events
- FIRST
- Live Group
- Eventbrite
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom event industry Market based on the below-mentioned segments:
United Kingdom Event Industry Market, By Type
- Music Concert
- Festivals
- Sports
- Exhibitions and Conferences
- Corporate Events and Seminars
- Others
United Kingdom Event Industry Market, By Revenue Source
- Ticket Sale
- Sponsorship
- Others
United Kingdom Event Industry Market, By Organizer
- Corporate
- Sports
- Education
- Entertainment
- Others
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