Global Exhibition Market
Global Exhibition Market Size By Type, By Vertical, By Geographic Scope And Forecast
According to Verified Market Research, The Global Exhibition Market was valued at USD 57.40 Billion in 2018 and is projected to reach USD 84.84 Billion by 2026, growing at a CAGR of 5.10% from 2019 to 2026.
Exhibitions can be defined as temporary events in different recurring intervals wherein new products and services are presented. The number of exhibitions occurring worldwide are observed to be increasing and they should not be underestimated as important marketing tools as they allow companies to reach a huge target market at one go. Exhibitions represent the marketplace in one place and time - bringing together suppliers, buyers, purchase influencers, consultants and the media. As a result, it can be seen that exhibitions are an incredibly versatile marketing medium that provide an environment for companies to launch new products, generate media coverage, build brand awareness, generate leads and retain existing customers. Exhibitors (or sellers) can typically range from manufacturers or distributers to retail outlets or service organizations that are looking to bring their products/services directly to the end user.
Exhibition companies provide the arrangement of the venues, facilities at the location. These companies facilitate in B2B businesses. It is an effective medium for the growth of the business as it provides an open showcase for the business and networking in the market. The exhibition market is worthy of a business to launch their new product. With the increasing adoption of technology, there is an increasing number of exhibitions that are beginning to offer their own apps. Moreover, with the expanding capacities for industries, exhibitions provide potential for businesses to attract an audience. As a result, the increased demand for business focused events are driving the growth of the exhibition market.
Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.