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24/7 Market News: TEN Holdings (NASDAQ: XHLD) Redefines Event Tech with Xyvid Pro and Ten Pro SaaS, Tapping into the $400 Billion Global Events Market
Globenewswire· 2025-09-15 12:45
Core Insights - TEN Holdings is transforming the event industry with its Xyvid Pro Platform and the upcoming Ten Events Pro SaaS solution, targeting both virtual and in-person experiences [1][3][4] Market Opportunity - The company is positioned to capture a significant share of the $404.3 billion global virtual events market, which is expected to grow at a CAGR of 11.1% through 2027, and the $1.2 trillion live events industry, projected to grow at a CAGR of 7.5% through 2030 [2] - The global SaaS market is also experiencing explosive growth, with a CAGR of 18.7% through 2030, providing a favorable environment for TEN Holdings' SaaS transition [2] Product Offerings - The Xyvid Pro Platform offers studio-grade event experiences with real-time interactivity, customizable branding, and robust analytics, catering to high-stakes corporate events [3] - The Ten Pro SaaS platform enhances event management with cloud-based scalability, predictable pricing, and real-time dashboards for instant customization [3][4] Strategic Shift - The transition to a SaaS model is a defining milestone for TEN Holdings, aligning with industry trends where SaaS companies often see stock price surges of 200-400% post-launch [2][4] - The Early Adopter Program for Ten Pro has accelerated its development, positioning the company for significant growth in the high-margin SaaS sector [4][7] Financial Metrics - Subscription pricing ensures steady cash flows and higher customer lifetime value, enhancing forecasting accuracy [7] - The event management software market is valued at $18.2 billion, with a projected CAGR of 14.1%, indicating strong growth potential for TEN Holdings [7]
TEN Holdings Recognized as a "High Performer" and "Easy to Do Business With" in G2's Spring 2025 Reports
Prnewswire· 2025-05-08 12:30
Core Insights - TEN Holdings, Inc. has been recognized in G2's Spring 2025 Reports, earning the "High Performer" and "Easy to Do Business With" badges, reflecting strong customer satisfaction and operational excellence [1][2][3] Company Overview - TEN Holdings is a provider of event planning, production, and broadcasting services, primarily focusing on virtual, hybrid, and physical events, supported by its proprietary Xyvid Pro platform [5] Recognition and Impact - The "High Performer" badge indicates exceptional customer satisfaction and strong business performance, while the "Easy to Do Business With" badge emphasizes the company's commitment to seamless client experiences, which is crucial in the enterprise event production sector [2] - The recognition from G2 reinforces the trust and confidence clients have in TEN Holdings, validating the company's strategy and long-term value [3] Strategic Initiatives - TEN Holdings is advancing key growth initiatives, including enhancing the Xyvid Pro platform, developing a new self-service PaaS solution, and executing a strategic M&A roadmap to meet the evolving needs of enterprise clients [3] - The company is well-positioned to capitalize on the growing demand for hybrid and virtual experiences, serving as a trusted partner for enterprise organizations [4]