White Papers from the Gold Coast Institute Fellows

Statistically Speaking

 

Numbers on the Professional Speaking & Meeting Industries

by Dan Poynter, CSP.

Fellow, Gold Coast Institute

http://parapub.com/speaking/

 

 

Here are some interesting facts and figures about the professional speaking industry. (For statistics on the Book Publishing industry see http://parapub.com/getpage.cfm?file=statistics/index.html )

 

Sources are noted when known. Many of the statistics reference web sites or email addresses. These are the people and organizations that originally published the information. The statistic is not necessarily on the referenced site. Contact the person or organization through the email address or web site for more information on the number.

 

Before quoting a statistic, it is strongly recommended that you contact the source and verify the number. We may have misinterpreted the data. The sites usually have far more information on the industry than what we quoted. Acquire background information including how the statistics were obtained.

 

Some statistics are dated; they are the latest we could find. Historical numbers can be compared with current ones to forecast trends. Figures are for the United States unless otherwise noted.

 

You may repeat any of these numbers as long as you cite http://parapub.com/statistics/ and the reference, if noted, as the sources. Remember, without this Document, you would not have found the statistic.

 

 

Outlook—State of the Industry

 

"The health of the meetings industry mirrors that of business and the economy in general. Increased meetings, particularly those requiring international travel, are fuel for a worldwide economic engine and are signs of continued steady growth in the meetings industry in 2005 and its supporting effect on a stabilizing, recovering world economy."

--Meeting Professionals International, Futurewatch 2005 survey.

http://www.mpiweb.org/aboutmpi/home/futurewatch2005.pdf

 

"While two years ago, 32 percent of planners reported the need to cancel a meeting, only 20 percent of planners canceled in 2004. Furthermore, only 28 percent of planners had a meeting that failed to fulfill its room commitment in 2004, down from 37 percent two years ago. And where food and beverage were concerned, only 13.6 percent had a meeting that failed to reach contracted levels, down from 20.6 in 2002."

--Successful Meetings "State of the Industry Report". -- http://www.successmtgs.com/successmtgs/images/pdf/2005SOI.pdf

 

 

The size of the meetings industry

 

Figures may be for small intra-company meetings up to large conventions.

 

2004: $102.3 billion (USD) is spent on business meetings and events, worldwide. The meetings industry is expected to grow again in 2005, with increases in key areas, including budgets, employment, employee training, proposal activity, number of attendees per meeting or event and expenditures per meeting or event.

--MPI Futurewatch 2005 survey.

http://www.mpiweb.org/aboutmpi/home/futurewatch2005.pdf

 

Approximately 11 million meetings occur in the U.S. each and every day.

Most professionals attend a total of 61.8 meetings per month

-- Effective Meetings, http://www.effectivemeetings.com/meetingbasics/meetstate.asp referencing a network MCI Conferencing White Paper. Meetings in America: A study of trends, costs and attitudes toward business travel, teleconferencing, and their impact on productivity (Greenwich, CT: INFOCOMM, 1998), 3.

 

37% of employee time is spent in meetings.

-- National Statistics Council

http://e-meetings.mci.com/meetingsinamerica/uswhitepaper.php3

 

More than 50% of meeting time is wasted.

-- Effective Meetings, http://www.effectivemeetings.com/meetingbasics/meetstate.asp referencing Robert B. Nelson and Peter Economy, Better Business Meetings (Burr Ridge, IL: Irwin Inc, 1995), 5.

 

Most professionals who meet on a regular basis admit to

Daydreaming: 91%

Missing meetings: 96%

Missing parts of meetings: 95%

73% say they have brought other work to meetings

39% say they have dozed during meetings

-- Effective Meetings, http://www.effectivemeetings.com/meetingbasics/meetstate.asp referencing A network MCI Conferencing White Paper, Meetings in America: A study of trends, costs and attitudes toward business travel, teleconferencing, and their impact on productivity (Greenwich, CT: INFOCOMM, 1998), 10.

 

The number of meetings is increasing. 46% of those polled agreed.

-- Effective Meetings, http://www.effectivemeetings.com/meetingbasics/meetstate.asp referencing A network MCI Conferencing White Paper. Meetings in America: A study of trends, costs and attitudes toward business travel, teleconferencing, and their impact on productivity (Greenwich, CT: INFOCOMM, 1998), 3.

 

2005: "In the last two years, the number of meetings held in all categories increased by margins ranging from nearly 30 percent to more than 183 percent."

--Successful Meetings "State of the Industry Report". -- http://www.successmtgs.com/successmtgs/images/pdf/2005SOI.pdf

 

2001: Total spending for the meeting and convention industry was $102.3 billion, as determined by the total value of output delivered to final demand as a result of delegate, association, exhibitor, corporate and incentive traveler expenditures.
--Convention Industry Council

http://www.conventionindustry.org

 

2002: As of April 2002, the IRS recognized 71,032 organizations as tax exempt under Section 501(c)(6) of the Tax Code.

 

Associations' annual budgets now exceed $21 billion, which translates into billions of dollars more in indirect benefits to the U.S. economy.

Although largely tax exempt, associations still pay more than $1.1 billion annually in local, state and federal taxes.

 

Associations employ 260,000 people full time and another 35,000 part time.

 

According to ASAE research, association-sponsored meetings and conventions now account for more than 26 million overnight stays in hotels each year.

 

Associations dominate the $102 billion U.S. meetings business. Ninety-two percent of associations hold meetings accounting for 67 percent of the total meetings industry, according to a study by the Convention Industry Council (CIC).

 

95 percent of associations offer education programs for members, making that service the single most common association function.

 

Membership education and training is the single largest budget item for associations--accounting for $3.6 billion per year, or about 18 percent of the average association's budget.

 

With more than 23,000 individual members, ASAE is the largest organization of association executives and industry suppliers in the world.

--American Society of Association Executives.

http://www.asaenet.org/asae/cda/index/1,1584,ETI17733_MEN3_NID4067,00.html

 

 

Meeting size (attendance)

 

2004: Sales meetings down 21%

Conventions down 23.2%

Training and education increased 25%

--Successful Meetings "State of the Industry Report". -- http://www.successmtgs.com/successmtgs/images/pdf/2005SOI.pdf

 

 

Budgets for meetings

 

2003: -1%

2004: +3%

2005: +5% (forecast)

--MPI Futurewatch 2005 survey.

http://www.mpiweb.org/aboutmpi/home/futurewatch2005.pdf

 

2005. Meeting planners reported their budgets

72% Remained the same or increased

26% Budgets increased

6% Budgets climbed more than 10%

But corporate planners expected a decrease.

http://www.meetingsfocus.com/displayarticle.asp?id=4578

 

2005 International budgets for meeting planners

European: +6.5%

Canadian: +5%

U.S.: +4.6%

--MPI Futurewatch 2005 survey.

http://www.nsaspeaker.org/media_center/speaking_stats.shtml

 

2004: Meeting planners in the U.S., Canada and Europe project an overall average meetings budget decrease of 1.1 percent in 2004 vs. 2003.

U.S. planners alone project a 1.7 percent decline in average meetings budgets.

--MPI Futurewatch 2005 survey.

http://www.mpiweb.org/aboutmpi/home/futurewatch2005.pdf

 

2003: Most NSA members say speaking budgets are shrinking.

--National Speakers Association

http://www.nsaspeaker.org/2003_survey_results.shtml

 

2002: Meeting revenue dropped 6.4 percent, on average but is projected to stabilize in 2003.

--Convene magazine's "13th Annual Meetings Market Survey," http://www.pcma.org/resources/convene/archives/displayArticle.asp?ARTICLE_ID=4700

 

Average meeting budget

2000: $225,410

2002: $214,481

--Successful Meetings "State of the Industry Report". http://www.successmtgs.com/successmtgs/images/pdf/2005SOI.pdf

 

2004: The medical industry seems to be the healthiest in terms of

meetings, while manufacturing seems the weakest.

planners expect training and education meetings to see the biggest boost in 2005,

--Successful Meetings "State of the Industry Report". -- http://www.successmtgs.com/successmtgs/images/pdf/2005SOI.pdf

 

How did Association meeting budgets compare in 2003 over 2002?

43% up

38% no change

21% down

--Convene magazine's "13th Annual Meetings Market Survey," http://www.pcma.org/resources/convene/archives/displayArticle.asp?ARTICLE_ID=4700

 

2005: Speaking to government workers. The largest concentrations of federal employees are in the cities of

Washington, DC

Denver

Kansas City

Seattle

--Tim Gard, kirby@TimGard.com, Humor Lab, Tempe, AZ, May 2005.

 

2005: The Society of Government Meeting Professionals has 3,500 members in 26 chapters.

--Society of Government Meeting Professionals

http://www.sgmp.org/default.asp

 

 

Training budgets

 

2004: +5%

2005: +7%

--MPI Futurewatch 2005 survey.

http://www.mpiweb.org/aboutmpi/home/futurewatch2005.pdf

 

2004: Organizations spent more on training; most was spent on customer-service employees.

Hours of formal training increased to 28 to 38 hours per employee.

--ASTD 2004 State of the Industry Report

http://www.astd.org/NR/rdonlyres/49A44CD8-2A3E-471F-B80E-42504F4A1726/0/SOIR_2004_Executive_Summary.pdf

 

 

Amount spent on professional speakers

 

2002. There was a 32 percent increase in budgets for speakers.

--Successful Meetings "State of the Industry Report". -- http://www.successmtgs.com/successmtgs/images/pdf/2005SOI.pdf

 

Speakers and entertainment account for

2003: 8.6%

2004. 9.3%

of expenditures for events sponsored by associations.

--Convene magazine's "13th Annual Meetings Market Survey," http://www.pcma.org/resources/convene/archives/displayArticle.asp?ARTICLE_ID=4700

 

2003. 71% of the survey respondents of the NSA membership said the average fees for the services professional speakers provide were the same or higher in 2003 as compared to 2002.

--National Speakers Association

http://www.nsaspeaker.org/media_center/speaking_stats.shtml

 

2004. Average expenditure for speakers per meeting.

Corporate: $4,330.

Association: $9,316

--Successful Meetings "State of the Industry Report". -- http://www.successmtgs.com/successmtgs/images/pdf/2005SOI.pdf

 

 

What professional speakers charge

 

Average: $3,500, plus travel.

Emerging speakers: $500, plus travel.

Non-celebrity speakers: $1,000 to $5,000, plus travel

Experienced and nationally-recognized speakers: $5,000 to $100,000.

--National Speakers Association

http://www.nsaspeaker.org/media_center/speaking_stats.shtml

 

2003: (See the charts on the NSA web site for fees charged for keynotes, breakouts, training, public seminars, facilitation, coaching and consulting).

--National Speakers Association

http://www.nsaspeaker.org/2003_survey_results.shtml

 

 

Number of meetings

 

2004: Meeting planners in the U.S., Canada and Europe forecast a growth in the number of meetings.

--MPI Futurewatch 2005 survey.

http://www.mpiweb.org/aboutmpi/home/futurewatch2005.pdf

 

90% of all planners expect to hold the same or more meetings in 2005.

http://www.meetingsfocus.com/displayarticle.asp?id=4578

 

 

Number of attendees--Audience size

 

2003:

64.4% of NSA members reported their average audience size was less than 100 attendees.

--National Speakers Association http://www.nsaspeaker.org/media_center/speaking_stats.shtml

http://www.nsaspeaker.org/2003_survey_results.shtml

 

2004: +5%

2005: +6%

--MPI Futurewatch 2005 survey.

http://www.mpiweb.org/aboutmpi/home/futurewatch2005.pdf

 

2005: Attendance during the 12 months prior to the survey appears to be rising.

Association and independent planners: 28% reported an increase; up from 6% who reported an increase in 2004.

Independent planners: 27% reported an increase; up 7.5% from 2004

Corporate planners: 24% reported an increase; up 6.6% from 2004.

 

 

Types of presentations preferred

 

NSA members most often address corporation and association audiences.

--National Speakers Association

http://www.nsaspeaker.org/media_center/speaking_stats.shtml

http://www.nsaspeaker.org/2003_survey_results.shtml

 

2004. 75% of attendees find informational speakers more appealing and 50% find panel discussions and motivational speakers more appealing.

-- Meetings and Conventions 2004 attendee survey, http://www.nsaspeaker.org/media_center/speaking_stats.shtml

 

2003: Percent of NSA members who provided.

81.4%: Keynote and general session presentations

76.6%: Training

76.1%: Breakout sessions

--National Speakers Association

http://www.nsaspeaker.org/media_center/speaking_stats.shtml

 

2005: Program breakouts.

Association planners choosing activity options.

Golf +18%

Spousal programs: +12.9%

Casino outings: +5.8%

Attractions & theme parks: +13.2%

Spa activities: +12.1%

 

Corporate planners choosing activity options.

Golf: -11%

Spousal programs: -4.3%

Casino outings: -5.8%

Spa activities: -9.4%

 

Independent planners choosing activity options.

Casino/Gaming activities: +6.3%

--Meetings Focus

http://www.meetingsfocus.com/displayarticle.asp?id=4578

 

81 percent of meeting planners prefer to book or hear motivational speakers, industry leaders or business executives.

-- Meeting Professional International's (MPI) 2004 online survey.

http://www.nsaspeaker.org/media_center/speaking_stats.shtml

 

2004: Learning content was delivered to:

Managerial and executive development

Information technology

Business processes

Industry-specific content.

          In that order.

--ASTD 2004 State of the Industry Report

http://www.astd.org/NR/rdonlyres/49A44CD8-2A3E-471F-B80E-42504F4A1726/0/SOIR_2004_Executive_Summary.pdf

 

Six to eight percent of your audience will dislike you no matter what you do because they associate you with something or someone negative. Hence, their evaluations are essentially invalid.

A similar percentage, roughly 6% to 8%, will approve of you almost regardless of what you do because they like the way you look or your personality. Their feedback is invalid, too.

Your real task becomes reaching the middle 84% to 88% of the audience who arrive relatively-free of inclinations toward you one way or the other. I learned this from a Domino's Pizza's division president.

-- Jeff Davdison, Jeff@GhostWiththeMost.com

 

2005: What subjects do attendees prefer?

At the Global Speaker Summit in Singapore in March, 2005, 83 speakers in 18 categories were given 14 minutes to show their stuff. Some 95 meeting planners, agents and speakers were additional registrants for the showcase event.

 

Showcases were broken into tracks and ran all day. Each track attracted between 15 and 50 attendees. Here is the breakdown:

 

50 Humor/Entertainment

40-50 Sales/Service

30 Leadership/Management

25-50 Communication/Presentation

20-50 Motivation/Success

14-30 Future/Technology

15-30 Various topics (undefined or other)

 

Some tracks were presented more than once and some speakers brought an entourage.

--Report by Dan Poynter

http://ParaPublishing.com

 

 

Lead time for planning meetings

 

Domestic programs: Meeting planners start organizing

Management meetings 15.4 weeks out

Sales gatherings 16.1 weeks

Training meetings 20.5 weeks

Incentives 28.3 weeks

Conventions 44.5 weeks.

 

International meetings have longer lead times in all categories, from

23.1 weeks for sales to 49.0 for conventions.

--Successful Meetings "State of the Industry Report". -- http://www.successmtgs.com/successmtgs/images/pdf/2005SOI.pdf

 

2003: A majority of NSA members say that lead times are shrinking.

--National Speakers Association

http://www.nsaspeaker.org/2003_survey_results.shtml

 

2005: Meetings are not being booked as far in advance.

http://www.meetingsfocus.com/displayarticle.asp?id=4578

 

 

Meeting planners who use the Internet as a planning tool

 

2000: 41%

2002: 55%

"Planners know that Web familiarity is vital, and are correspondingly hungry for knowledge."

--Successful Meetings "State of the Industry Report". -- http://www.successmtgs.com/successmtgs/images/pdf/2005SOI.pdf

 

                                

Venues-Geographic

 

2005: 23% of U.S. meetings are held outside the U.S.; up 1% from 2004.

6% Europe

5% Canada

3% Central America

2% South America

3% Asia

 

29% (forecast) of Canadian meetings are held outside of Canada; 13% in the U.S.

--MPI Futurewatch 2005 survey.

http://www.mpiweb.org/aboutmpi/home/futurewatch2005.pdf

 

2005: U.S. meeting planners selected

9% Convention centers

11% Restaurants, country clubs, & unique venues

10% Conference centers and universities

15% Airport & Suburban hotels

25% Resort hotels

32% City Hotels

 

--MPI Futurewatch 2005 survey.

http://www.mpiweb.org/aboutmpi/home/futurewatch2005.pdf

 

 

Tele-Conferencing (Audio, Video & Web)

 

In 2004, face-to-face meetings were being replaced with Web casting, teleconferencing, videoconferencing or satellite broadcasts.

58% confirmed that teleconferencing was substituting for some meetings while 49 percent reported the same increase for videoconferencing.

--Successful Meetings "State of the Industry Report". -- http://www.successmtgs.com/successmtgs/images/pdf/2005SOI.pdf

 

2003-2004. More than half of technology-based delivery was online and at least 75 percent of online learning was self-paced.

Projected increase for 2004 is 29-35%.

--ASTD 2004 State of the Industry Report

http://www.astd.org/NR/rdonlyres/49A44CD8-2A3E-471F-B80E-42504F4A1726/0/SOIR_2004_Executive_Summary.pdf

 

Video-conferencing units shipped (U.S.)

1996: 300,000

1997: 1.4 million

-- Effective Meetings, http://www.effectivemeetings.com/meetingbasics/meetstate.asp referencing Sam Greengard, "Videoconferencing: Making the Right Connections," in Beyond Computing, par. 21 [online magazine] (1997 [cited 14 April 1999]); available from World Wide Web at http://www.beyondcomputingmag.com/archive/1997/11%2D97/connect.html

 

A five-person meeting conducted in-person (involving plane travel for four of the attendees) is more than seven times more expensive than a meeting conducted by audio-conference, and nearly three times as expensive as a videoconference:

In-person meeting $5,197.50

Audio-conference $ 689.24

Video-conference $1,700.69

--MCI Conferencing whitepaper. See this document for more figures.

http://e-meetings.mci.com/meetingsinamerica/uswhitepaper.php3

 

2003: The overall market for live e-learning applications and services will increase 30 percent in 2004 giving it a three-year compound average growth rate of 22.7 percent, and making it the fastest growing sector of the overall corporate training market by a substantial margin.

--The Simba Report and quoted by

http://www.webex.com/pr/pr314.html

 

2004: 56.3% of meeting planners believe that the use of alternative meeting means, such as Web-, video-, and tele-conferencing, will increase in the next year.

--Successful Meetings "State of the Industry Report". -- http://www.successmtgs.com/successmtgs/images/pdf/2005SOI.pdf

 

2004: Size of the teleconferencing industry.

Audio-conferencing market: $2.1 billion,

Video-conferencing market: $285 million

Web-conferencing market: $119 million. The Web conferencing market is the fastest growing almost quadrupling in size every year, and will touch $2.8 billion in 2005.

–Forbes

 

The $2.9 billion global teleconferencing market is growing at almost 48 percent a year and will touch almost $10 billion in 2005.

–Wainhouse Research

 

830,000 desktop videoconferencing systems worldwide are used in business..

–Presentations Magazine

 

North American businesses will be paying out $2.8 billion on streaming video technology by 2005, up from a lowly $140 million last year.

–Jupiter Media Metrix

 

The US represents 86 percent of the audio-conferencing market worldwide market.

–TeleSpan Publishing Corporation

 

2000: The web-conferencing market and its vendors experienced a nearly 178 percent rate.

–Frost & Sullivan

 

Web-conference users by year

2000: 13.4 million

2001: 30 million

2005: 161 million (estimate).

--International Data Corp. as reported in  

–The Industry Standard

 

--ConferZone

http://www.conferzone.com/about/download/cz_stat.pdf

 

 

PowerPoint usage

 

More than 400 million copies of the program are currently in circulation.

20 to 30 million PowerPoint-based presentations are given around the globe each day.

--Tad Simons, Presentations.com

http://www.presentations.com/presentations/delivery/article_display.jsp?vnu_content_id=1000482464

 

2003: Survey on what audiences found most annoying about the PowerPoint presentations they saw.

The speaker read the slides to us  60.4%

Text so small I couldn't read it       50.9%

Full sentences instead of bullet points       47.8%

Slides hard to see because of color choice  37.1%

Moving/flying text or graphics       24.5%

Annoying use of sounds                22.0%

Overly complex diagrams or charts   22.0%

--Dave Paradi

http://www.communicateusingtechnology.com/articles/pptsurvey_article.htm

 

 

Number of professional speakers