Exhibition World Issue 5 — 2019 | Page 12

UFI Comment Measurements you can trust et me start with three short headlines from recent months: – In 2018, exhibition space sold in Asia grew 4.8% – Exhibitions generated US$325bn in business sales during 2018 – More than 50% of exhibition companies in Europe are looking to expand their business into at least one additional geographical market. All three are taken from media reporting on research data that UFI published in recent months, working together with many industry associations and collaborating with hundreds of companies active in our sector around the world. It is a vital part of UFI’s role and mission as the global trade association for our exhibition industry to provide data and insights. We devote a lot of time and resources to this, and we are delighted to be seen as the leader for neutral data in the industry. When I was invited to join the board meeting of one UFI member last month, the CEO shared that the UFI data had been one key sources in the company’s decision- making process to invest millions into new developments. But he also shared that, from his conversations within the industry, he noted that the size and scope of UFI research available is not known to everyone. Allow me, therefore, to use my column this time to run through the vastly expanded main research offers from UFI for you, our members. You will find them online at www. ufi.org/research. Today, UFI delivers research for the industry in three dimensions: globally, regionally, and topically. Global reports, like the bi-annual Global Barometer, take the pulse of our industry around the world. But they don’t just deliver 12 Issue 5 2019 global ‘headline figures’. Based on well- established global standards, they break down the data into regions and markets. This allows you to really compare market trends and growth opportunities in, for instance, Asia with those in America, based on the same data points. In an industry where a lot of data is market-specific and delivered in ‘data dialects’, this alignment provides a lot of additional value. We can deliver that because of the unique UFI network and collaboration with exhibition industry associations all around the world. To take the Barometer as an example again, here we work together with 14 exhibition industry associations, from SISO in the USA to EEIA in Australia, from the AEO in the UK to AMPROFEC in Mexico. We apply the same approach of collaboration on the regional reports – did you know, for instance, that more than a dozen European exhibition industry associations work with our research team to produce the annual Eurofairs Statistics? Annual, updated metrics on the Kai Hattendorf UFI Managing Director development of our industry for Europe as well as Asia/Pacific are also core UFI research products. And we are currently doing fieldwork on an initial report to track our industry’s development in Latin America. Last but not least, there is topical research. Most of you will be familiar with the projects we run with Explori, our research partner, tracking the changing expectations of tradeshow visitors and exhibitors. For the current Visitor Insights, we worked with input from more than 13,000 tradeshow visitors from 135 countries to identify trends relating to visitor behaviour. Their main ‘pain points’ as well as their growing expectations towards sustainable action from organisers, venues, and service providers have been the topic of dozens of presentations and industry discussions since we released this report. At the upcoming UFI Congress in Bangkok, we will release a new report, focusing this time again on exhibitor trends. Besides these reports, there are hundreds of best practice cases available in UFI research compendiums – from marketing to operations, and from sustainability policies to implementations of the United Nations Sustainable Development Goals. Let me encourage you to make good use of all these resources available on the UFI website at ufi.org/research – and don’t hesitate to contact me personally with feedback. Rest assured, we will continue on the path to deliver data and insights that help you drive your business forward – we have a number of projects in the pipeline, together with core partners like SISO, or through the global collaboration with fellow global MICE trade associations AIPC and ICCA. w w w.exhibitionworld.co.uk