Virtual Event Platform Trends and Forecast
The future of the global virtual event platform market looks promising with opportunities in the non profit, government, education, healthcare and lifesciences, third-party planner, associations, and corporations markets. The global virtual event platform market is expected to reach an estimated $29.8 billion by 2030 with a CAGR of 15.0% from 2024 to 2030. The major drivers for this market are increasing use of internet streaming, growing importance of the field of event management, and the affordability of hybrid platforms and virtual events, as well as important technological developments.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Virtual Event Platform by Segment
The study includes a forecast for the global virtual event platform by component, organization size, end use industry, and region.
Virtual Event Platform Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Platform
• Services
• Training and Consulting
• Support and Maintenance
• Deployment and Integration
Virtual Event Platform Market by Organization Size [Shipment Analysis by Value from 2018 to 2030]:
• Large enterprises
• Medium-sized enterprises
• Small enterprises
Virtual Event Platform Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Non Profit
• Government
• Education
• Healthcare and Lifesciences
• Third-Party Planner
• Associations
• Corporations
Virtual Event Platform Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Virtual Event Platform Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies virtual event platform companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the virtual event platform companies profiled in this report include-
• 6Connex
• Cvent
• Remo
• Hubilo
• Vfairs
• Bigmarker
• Zoom
• Hopin
• Microsoft
• Cisco
Virtual Event Platform Market Insights
Virtual Event Platform Market Insights
Lucintel forecasts that services is expected to witness highest growth over the forecast period .
Within this market, corporation will remain the largest segment due to growing awareness of the advantages of virtual events and the growing deployment of virtual event technologies
APAC is expected to witness highest growth over the forecast period due to availability of skilled labor and the expansion of small and medium-sized enterprises in the area are projected to drive the use of virtual event platforms in the upcoming years
Features of the Global Virtual Event Platform Market
Market Size Estimates: Virtual event platform market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Virtual event platform market size by component, organization size, end use industry, and region in terms of value ($B).
Regional Analysis: Virtual event platform market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component, organization size, end use industry, and regions for the virtual event platform market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the virtual event platform market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the virtual event platform market size?
Answer: The global virtual event platform market is expected to reach an estimated $29.8 billion by 2030.
Q.2 What is the growth forecast for virtual event platform market?
Answer: The global virtual event platform market is expected to grow with a CAGR of 15.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the virtual event platform market?
Answer: The major drivers for this market are increasing use of internet streaming, growing importance of the field of event management, and the affordability of hybrid platforms and virtual events, as well as important technological developments.
Q4. What are the major segments for virtual event platform market?
Answer: The future of the global virtual event platform market looks promising with opportunities in the non profit, government, education, healthcare and lifesciences, third-party planner, associations, and corporations markets.
Q5. Who are the key virtual event platform market companies?
Answer: Some of the key virtual event platform companies are as follows:
• 6Connex
• Cvent
• Remo
• Hubilo
• vFairs
• BigMarker
• Zoom
• Hopin
• Microsoft
• Cisco
Q6. Which virtual event platform market segment will be the largest in future?
Answer: Lucintel forecasts that services is expected to witness highest growth over the forecast period.
Q7. In virtual event platform market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to availability of skilled labor and the expansion of small and medium-sized enterprises in the area are projected to drive the use of virtual event platforms in the upcoming years
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the virtual event platform market by component (platform, services, training and consulting,support and maintenance, and deployment and integration), organization size (large enterprises, medium-sized enterprises, and small enterprises), end use industry (non profit, government, education, healthcare and lifesciences, third-party planner, associations, and corporations), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Virtual Event Platform Market, Virtual Event Platform Market Size, Virtual Event Platform Market Growth, Virtual Event Platform Market Analysis, Virtual Event Platform Market Report, Virtual Event Platform Market Share, Virtual Event Platform Market Trends, Virtual Event Platform Market Forecast, Virtual Event Platform Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.