The global event management software (EMS) market will rise at a compound annual growth rate (CAGR) of 8% between 2016 and 2020, reaching $8.66 billion, according to a recent report by Technavio Research.

The increasing number of corporate events and meetings is the major growth factor for the market, the firm says. EMS helps companies identify the target audience, find venues, design concepts, plan logistics, create online registration and feedback forms, and coordinate with the technical team.

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