Global Virtual Event Platforms Market Report 2022 – Yahoo Finance | Jewelry Dukan



Major players in the virtual event platform market are 6Connex, Cvent Inc, Microsoft Corporation, Cisco Systems Inc, Zoom Video Communications, Hubilo, Vfairs, BigMarker, Hopin, Remo, Kestone, Accelevents, Whova, EventMobi, On24, Vconfex and Airmeet.

NEW YORK, Sept. 14, 2022 (GLOBE NEWSWIRE) — announces the release of the Virtual Event Platform Global Market Report 2022 –

The global virtual event platform market is expected to grow from US$10.31 billion in 2021 to US$12.09 billion in 2022 at a compound annual growth rate (CAGR) of 17.31%. The virtual event platform market is expected to reach $21.00 billion in 2026 at a CAGR of 14.80%.

The virtual event platform market consists of companies (organizations, sole proprietorships and partnerships) selling virtual event platforms related to a tool that hosts interactive events such as conferences, trade shows and workshops through the events platform intended to expand audience base and create inclusivity .

It also offers an efficient means to increase sales and track important data about the audience.

The main components of the virtual event platform are platform, services, training and consulting, support and maintenance, and deployment and integration. Deployment and integration refers to a service that involves the installation, configuration, integration and deployment of technology across complex environments.

The components are designed based on the size of the organization such as large enterprise, medium sized enterprise and small business. Key end users of virtual event platforms include nonprofits, government, education, healthcare and life sciences, third-party planners, associations, and corporations.

North America was the largest region in Virtual Event Platforms Market in 2021. Asia Pacific is projected to be the fastest growing region during the forecast period.

The regions covered in Virtual Event Platforms market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The Virtual Event Platform market research report is one of a series of new reports that provide Virtual Event Platform market statistics, including global Virtual Event Platform industry market size, regional shares, competitors with Virtual Event Platform market share, detailed Virtual Event Platform market segments, market trends and opportunities and any other data you may need to succeed in the virtual event platform industry. This Virtual Event Platforms Market Research Report provides a complete overview of everything you need with an in-depth analysis of the current and future scenarios of the industry.

An increasing number of online meetings, conferences, lectures and events are expected to fuel the growth of the virtual events platform. The emergence of a global pandemic presented companies with new challenges in conducting meetings and events.

When face-to-face meetings had to be canceled, companies had to immediately switch to virtual meetings, which use cutting-edge technology to facilitate connectivity and reduce the impact of the COVID-19 disease, as virtual event platforms have proliferated.

For example, according to Kaltura’s The State of Virtual Events 2022 survey report, a global survey of approximately 1250 organizers and attendees, 92% of organizers switched to virtual events in 2021, 94% plan to have virtual events in 2022, and 48% plan to increase the number of virtual ones Events in 2023. Therefore, increasing number of virtual events, conferences and lectures will drive the growth of virtual event platform market.

Technological advancement in Augmented Reality (AR) and Virtual Reality (VR) is a major trend that is gaining popularity in the virtual events platform market. Large companies operating in the Virtual Event Platforms market focus on providing a technologically advanced platform to strengthen their market position.

These companies are implementing next-gen virtual event platform technologies into their platforms, such as: B. CRM, Video API, Text API, AI and ML and others. World environment to enhance a fictional reality.

For example, in January 2022, VRXtream, an immersive events platform, launched the Metaverse platform for events, connected to the NFT marketplace with equipped AR and VR technologies. This newly announced platform offers a comprehensive suite of realistic, interactive, and feature-driven events that can be instantly modified with VR spaces, NFT characters, and NFT features.

In June 2021, UK-based online events platform company Hopin Ltd acquired Boomset Inc for an undisclosed amount. With this acquisition, Hopin expands its product offering with industry-leading on-premises event tools for hybrid and in-person events and becomes an event production solution provider.

Boomset is a New York-based event services company providing solutions for in-person and hybrid events.

The countries covered in Virtual Event Platforms market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
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