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From improving personalisation to automating logistical processes, this technology is redefining the way events are planned and executed. According to a recent report, the global market for artificial intelligence solutions in events will reach $2.9 billion by 2030. No technical skill is required at all.
Cvent (Nasdaq: CVT), a market-leading meetings, events, travel and hospitality technology provider, is one of several key industry leaders supporting and helping fund the beta version of the sustainability web app: SAM , which was recently launched by In-House CorporateEvents (ICE).
According to the United Nations World Tourism Organization, the GCC will attract 195 million visitors per year by 2030 – this is above the global average for any region. The congress and cultural centre will be directly linked to the O2 Arena, with its 15,000 capacity for corporateevents, adding 50,000sqm spread across four floors.
The pandemic served to make sustainability more of an imperative for events,” Hansen told Convene. During COVID, people tried virtual tradeshows and organizers saw revenue streams rapidly disappearing if that became the way of business going forward. If it’s a tradeshow, there’s a lot of stuff that moves in and out.
Undoubtedly, the global virtual events market will play an important role in this process, as it’s the fastest-growing industry vertical. In fact, Grand View Research indicates that the virtual events market is outpacing the rest of the industry, soaring at an impressive CAGR of 21.4% between 2022 to 2030.
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