State of the Industry 2017: 83% of agencies forecast growth

C&IT's State of the Industry reveals that 83% agencies are expecting to report improved financial performance in 2017 despite current political and economic uncertainties.

State of the Industry 2017: 83% of agencies forecast growth
State of the Industry 2017: 83% of agencies forecast growth

This was down from 91% who predicted positive growth in C&IT's State of the Industry Report in 2016.

C&IT surveyed and interviewed UK 100 event agencies and 50 corporate event planners to gather insight into the key trends and challenges facing the UK events industry in 2017 and beyond, and compile the Top 50 agencies table (ranked by event-based turnover).

Half of agencies (50%) said client budgets have mostly remained flat in 2017, 40% have seen budgets increase, while 40% of corporate respondents have also seen their budgets rise (up from 35% last year) and 71% of corporate planners expect to organise more events in 2017 than 2016.

Read the full State of the Industry Report 2017 preview

The top 20 Agencies will be revealed tomorrow (4 July) followed by the top 50 Agencies on 11 July.

Download last year's State of the Industry Report

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