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Top 3 Industry Sectors in B2B Exhibitions Market in US

Published date : Jan-2018

The B2B exhibitions market in US is projected to grow from $12.83 billion in 2017 to $16.16 billion by 2023. The market is projected to grow at a CAGR of 3.92%


Arizton’s recent market research report on the B2B exhibitions market in the US in US identifies RELX Group, UBM, Informa Exhibitions, and Emerald Expositions as the leading vendors that are likely to dominate the market during the forecast period. This research report provides detailed analysis of market segmentation by industry sectors(consumer goods and retail, AFF and energy, medical and healthcare, business services, machinery, IT, electronics, and telecommunications, and others) and offers detailed competitive analysis.

 

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The B2B exhibitions market in US by industry sectors has seven major segments: consumer goods and retail, AFF and energy, medical and healthcare, business services, machinery, IT, electronics, and telecommunications, and others.

Top 3 industries are discussed below:

Consumer goods and retail industry in the B2B exhibitions market in US to occupy the largest market share during the forecast period

The consumer goods and retail industry sector was the largest segment in the B2B exhibitions market in the US, occupying 10,321 thousand sq. mtr. rented area during 2017. The consumer goods and retail industry in the B2B exhibitions market in US expected to reach 12,253 thousand sq. mtr. area by 2023, growing at a CAGR of close to 3% during the forecast period. The incorporation of media content that focuses on promoting the product uniqueness, brand awareness, and increase consumer satisfaction will drive the growth of the consumer goods and retail industry sector in the B2B exhibitions market in US.

AFF and energy industry sectors in the B2B exhibitions market in US will grow at steady CAGRs during the forecast period

The AFF and energy industry sectors in the B2B exhibitions market in the US are expected to reach 9,557 thousand sq. mtrs by 2023, growing at a CAGR of 2.66% during the forecast period.

The growth in population, the strategy of energy dominance, radical growth inefficiency, and increased exports of fish are some of the factors that are driving the B2B exhibitions market in the US in this industry segment. The integration of sensing technologies and robotics in the agricultural process is creating a demand for trade shows in the AFF and energy industry to gain insight primarily on new applications. The prominent vendors in this industry sector in the B2B exhibitions market in the US are providing panel discussions, practice-oriented events, special shows and multi-faceted programs of related events to add value to the overall consumer experiences.

Medical and healthcare industry sectors in the B2B exhibitions market in US will grow at a satisfactory CAGRs during the forecast period

The medical and healthcare industry sectors in the B2B exhibitions market in US expected to reach 7,743 thousand sq. mtr. by 2023, growing at a CAGR of 3.29% during the forecast period. The rising popularity of telehealth programs and innovations introduced in this industry sector is fueling the growth of the B2B exhibitions market in US. The vendors in this market segment are offering free workshops, keynote presentations, and seminars to increase the participation in these trade shows and exhibitions. Additionally, the incorporation of networking lounges and interactive learning hubs will propel the growth of the B2B exhibitions market in the US during the forecast period.

PennWell Corporation, Messe Frankfurt, ITE Group, MCH Group, Koelnmesse, Tarsus Group, and Deutsche Messe are the other prominent vendors in the B2B exhibitions market in the US.

The complete overview of the latest market research report on the B2B exhibitions market in the US by Arizton is now available.

The report also offers a detailed study of major trends, drivers, challenges, and provides the market size and forecast for major geographical regions and key countries.

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