Virtual Event Platform Market Size, Trends and Insights By Solution (Software, Services), By Enterprise Size (Virtual Event Platforms for SMEs, Virtual Event Platforms for Large Enterprises), By End User (Virtual Event Platforms for Enterprises or Corporates, Virtual Event Platforms for Event Management Agencies, Virtual Event Platforms for Academic Institutions, Virtual Event Platforms for Trade Show Organizers, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032


Report Code: CMI25167

Published Date: July 2023

Pages: 220+

Category: Technology

Report Snapshot

CAGR: 14%
12,025.22M
2022
13801.03M
2023
29,783.34M
2032

Source: CMI

Study Period: 2023-2032
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • 6Connex
  • BigMarker
  • Hubilo Softech Private Limited
  • Intrado Corporation
  • Livestorm SAS
  • Others

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Reports Description

As per the current market research conducted by CMI Team, the global Virtual Event Platform market is expected to record a CAGR of 14% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 12,025.22 Million. By 2032, the valuation is anticipated to reach USD 29,783.34 Million.

A virtual event platform is designed to facilitate the hosting of virtual conferences, meetings, workshops, online marketplace exhibitions, virtual sports activities, and other events in a convenient and efficient manner. It enables participants to engage in peer-to-peer and one-to-many interactions, distinguishing it from traditional webinar tools.

With a range of features beyond standard video conferencing software, the platform allows users to create, host, and manage virtual events through web or mobile browsers. Similar to a large-scale social event, virtual event platforms are organized by individuals or entities and attract a large number of attendees. These platforms enhance productivity and ensure smooth operations during gatherings by leveraging various technologies.

The integration of Artificial Intelligence (AI) into business communication platforms has brought about time-saving benefits, increased productivity, and streamlined workflows. Additionally, small and medium-sized enterprises often utilize virtual event platforms for various purposes such as outsourcing, analytics, access management, content creation, social media production, and event promotion.

These virtual events, organized by groups or institutions, attract a significant number of participants and can be likened to large-scale social gatherings. On the other hand, video conferencing is primarily used for internal meetings, discussions, and day-to-day decision-making.

Virtual Event Platform Market – Significant Growth Factors

The global demand for virtual event software is being driven by the increasing preference for virtual events worldwide, coupled with the emergence of live streaming capabilities. The popularity of virtual events has significantly surged since the onset of the COVID-19 pandemic, prompting organizations to adopt virtual event solutions due to lockdown measures.

Interestingly, even with the resumption of live events, a considerable 90% of companies still consider hosting virtual events. This preference is primarily influenced by the substantial costs and logistical challenges associated with traditional in-person events, including expenses and travel requirements for both hosts and attendees.

As a result, technological advancements, particularly the availability of software-as-a-service-based virtual event solutions and online conferences, have emerged as convenient, rapid, and cost-effective alternatives. The adoption of cloud-based tools enables end-users to create interactive experiences and enhance the sales process by incorporating features like podcasting, instant messaging, and virtual product experiences.

Additionally, the growth of virtual events is positively influenced by the availability of live-streaming capabilities. Live streaming allows a broader audience to access content resources, providing a more contextually aligned experience. Consequently, the global virtual event platform market is experiencing significant growth, driven by the adoption of virtual event platforms by approximately 82% of event organizers.

The increasing number of internet users globally has created a demand for virtual events and various platforms that facilitate such engagements. According to the International Telecommunication Union, in 2019, more than half of the global population, approximately 4 billion people, were using the Internet.

Mobile broadband connections are particularly prevalent, with 77% of the global population having an active mobile broadband connection, while fixed broadband subscribers account for only 15%. Presently, internet access is available in over 59% of households, and approximately 93% of the world’s population has access to a mobile broadband network.

Global Virtual Event Platform Market 2023–2032 (By Solution)

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Virtual Event Platform Market – Mergers and Acquisitions

  • Cvent’s Acquisition of Hopin: In June 2021, Cvent, a leading event management technology company, announced its acquisition of Hopin, a popular virtual event platform. This strategic acquisition allowed Cvent to bolster its virtual and hybrid event capabilities, combining their respective strengths in event management and virtual event technology.
  • Intrado’s Acquisition of On24: In February 2022, Intrado, a global provider of communication and network infrastructure services, completed the acquisition of On24, a prominent virtual event and webinar platform. This acquisition expanded Intrado’s digital events portfolio and positioned them as a comprehensive provider of virtual event solutions.
  • Alcatraz AI’s Acquisition of Zoom.ai: In March 2021, Alcatraz AI, a provider of facial authentication solutions for physical access control, acquired Zoom.ai, an artificial intelligence-driven virtual event platform. This acquisition enabled Alcatraz AI to enhance its offerings by incorporating virtual event capabilities and expanding its customer base.
  • 6Connex’s Acquisition of vFairs: In April 2021, 6Connex, a virtual event platform provider, acquired vFairs, another leading virtual event technology company. This acquisition strengthened 6Connex’s position in the market and expanded its product portfolio, enabling them to offer a broader range of virtual event solutions.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Virtual Event Platform Market Music Event Market Events Industry Market
CAGR 14% (Approx) CAGR 8.2% (Approx) CAGR 12% (Approx)
USD 29,783.34 Million by 2032 USD 528.6 Billion by 2032 USD 1752.9 Billion by 2032

Virtual Event Platform Market- Significant Threats

While the virtual event platform market presents numerous growth opportunities, significant threats can also impact the industry. Here are some notable threats in the virtual event platform market:

  • Security and Privacy Concerns: Virtual events involve the exchange of sensitive information and personal data. The security of virtual event platforms, including data encryption, user authentication, and protection against cyber threats, is a critical concern. Any security breach or privacy violation can erode trust among participants and hinder the adoption of virtual event platforms.
  • Technical Issues and Reliability: Virtual events heavily rely on internet connectivity, hardware, and software performance. Technical glitches, such as network interruptions, latency, audio/video quality issues, or platform instability, can disrupt virtual events and negatively impact the user experience. Ensuring the reliability and stability of virtual event platforms is crucial to avoid participant frustration and event failures.
  • Competition from Alternative Technologies: Virtual event platforms face competition from alternative technologies that offer similar functionalities. Web conferencing tools, social media platforms, and other collaboration software may provide basic virtual event capabilities, posing a challenge to dedicated virtual event platforms. The availability of free or low-cost alternatives can also impact the adoption of paid virtual event solutions.
  • Learning Curve and User Adoption: Virtual event platforms often require participants to adapt to new interfaces, functionalities, and workflows. The learning curve associated with these platforms can be a barrier to adoption, especially for less tech-savvy users. Platform providers need to invest in user-friendly interfaces, comprehensive training resources, and customer support to facilitate smooth user adoption.
  • Evolving User Expectations: As virtual events become more prevalent, participants’ expectations continue to evolve. They seek engaging, interactive, and immersive experiences that replicate the benefits of in-person events. Virtual event platforms must continuously innovate and incorporate features like networking opportunities, virtual exhibitor halls, gamification, and immersive content to meet these changing expectations.
  • Regulatory and Compliance Challenges: Virtual events, especially those with global participants, must navigate various regulatory frameworks and compliance requirements related to data privacy, content licensing, intellectual property rights, and accessibility. Adhering to these regulations and ensuring compliance can be complex and may pose challenges for virtual event platform providers.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 13801.03 Million
Projected Market Size in 2032 USD 29,783.34 Million
Market Size in 2022 USD 12,025.22 Million
CAGR Growth Rate 14% CAGR
Base Year 2022
Forecast Period 2023-2032
Key Segment By Organization Size, End-User and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-Wise Insights

By Organization:

The virtual event platform market is segmented based on organization size, including small and medium-sized enterprises (SMEs) and large enterprises. In 2022, the SME segment held the dominant position in the virtual event platform industry.

SMEs are actively investing in the development of new strategies and business frameworks to gain a larger market share, enhance customer service, and establish strong brand identities. These factors are driving the adoption of cloud solutions within SMEs.

The technological advancements, availability of innovative cloud-based solutions, and the increasing adoption of virtualized infrastructure are contributing to the growing popularity of virtual event management platforms among SMEs.

By End-User:

The virtual event platform market is categorized into various end-user segments, including enterprises, healthcare, education, and others. In 2021, the enterprises segment emerged as the largest contributor to the market.

This can be attributed to businesses and public entities’ increasing adoption of digital platforms. Enterprises are utilizing virtual event platforms to create immersive live experiences for their multinational operations and prominent brands, reaching thousands or even millions of users simultaneously.

The availability of full-featured enterprise virtual/hybrid event management platforms allows enterprises to provide easy access to detailed product information, showcase their brands through visuals and videos, incorporate calls to action, and generate immediate sales leads. These platforms redefine the exhibitor and guest experience, enabling enterprises to leverage virtual events for enhanced engagement and business outcomes.

Global Virtual Event Platform Market 2023–2032 (By Million)

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Virtual Event Platform Market – Regional Analysis

The virtual event platform market can be analyzed regionally to understand the market dynamics and trends specific to different geographic areas. Here is a regional analysis of the virtual event platform market:

  • North America: North America is a prominent region in the virtual event platform market. The region has a mature technology infrastructure, a high adoption rate of digital solutions, and a large number of enterprises and organizations hosting virtual events. The presence of major virtual event platform providers in the region contributes to market growth. Additionally, the COVID-19 pandemic has further accelerated the adoption of virtual events in North America.
  • Europe: Europe is another significant market for virtual event platforms. The region has a strong presence of industries such as healthcare, education, and technology that extensively utilize virtual event solutions. The increasing adoption of digital technologies, government initiatives, and the need for remote collaboration and communication drive the market growth in Europe.
  • Asia Pacific: The Asia Pacific region is witnessing significant growth in the virtual event platform market. Countries like China, Japan, India, and South Korea are experiencing a surge in virtual events due to rapid digitalization, increasing internet penetration, and the presence of a large number of SMEs. The demand for virtual event platforms is also driven by the growing popularity of webinars, online training sessions, and virtual trade shows.
  • Latin America: Latin America is an emerging market for virtual event platforms. The region is experiencing a rise in the adoption of digital technologies and virtual events across various sectors, including healthcare, education, and entertainment. Increasing internet connectivity, favorable government regulations, and the need for cost-effective event management solutions contribute to market growth in Latin America.
  • Middle East and Africa: The Middle East and Africa region are witnessing a gradual but steady adoption of virtual event platforms. The market growth is primarily driven by the increasing focus on digital transformation, the presence of large enterprises, and the need for efficient event management solutions. The COVID-19 pandemic has further accelerated the adoption of virtual events in the region.

Global Virtual Event Platform Market 2023–2032 (By Enterprise Size)

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List of the prominent players in the Virtual Event Platform Market:

  • 6Connex
  • BigMarker
  • Hubilo Softech Private Limited
  • Intrado Corporation
  • Livestorm SAS
  • Pathable
  • Microsoft
  • ubivent GmbH
  • Zoom
  • Cisco
  • Others

The Virtual Event Platform Market is segmented as follows:

By Solution

  • Software
    • Integrated Virtual Event Platforms
    • Standalone Software
  • Services
    • Live Event Support
    • Post Event Processing Services
    • Event Consulting Services
    • Support Services
    • Other Services

By Enterprise Size

  • Virtual Event Platforms for SMEs
  • Virtual Event Platforms for Large Enterprises

By End User

  • Virtual Event Platforms for Enterprises or Corporates
  • Virtual Event Platforms for Event Management Agencies
  • Virtual Event Platforms for Academic Institutions
  • Virtual Event Platforms for Trade Show Organizers
  • Others

By Region

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Virtual Event Platform Market, (2023 – 2032) (USD Billion)
    • 2.2 Global Virtual Event Platform Market : snapshot
  • Chapter 3. Global Virtual Event Platform Market – Industry Analysis
    • 3.1 Virtual Event Platform Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Increasing preference for virtual events worldwide
      • 3.2.2 Emergence of live streaming capabilities
      • 3.2.3 Technological advancements
      • 3.2.4 Software-as-a-service
      • 3.2.5 Increasing number of internet users.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Organization Size
      • 3.7.2 Market attractiveness analysis By End-User
  • Chapter 4. Global Virtual Event Platform Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Virtual Event Platform Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Virtual Event Platform Market – Organization Size Analysis
    • 5.1 Global Virtual Event Platform Market overview: By Organization Size
      • 5.1.1 Global Virtual Event Platform Market share, By Organization Size, 2022 and 2032
    • 5.2 Small & Medium-Sized Enterprises
      • 5.2.1 Global Virtual Event Platform Market by Small & Medium-Sized Enterprises, 2023 – 2032 (USD Billion)
    • 5.3 Large Enterprises
      • 5.3.1 Global Virtual Event Platform Market by Large Enterprises, 2023 – 2032 (USD Billion)
  • Chapter 6. Global Virtual Event Platform Market – End-User Analysis
    • 6.1 Global Virtual Event Platform Market overview: By End-User
      • 6.1.1 Global Virtual Event Platform Market share, By End-User, 2022 and 2032
    • 6.2 Education
      • 6.2.1 Global Virtual Event Platform Market by Education, 2023 – 2032 (USD Billion)
    • 6.3 Healthcare
      • 6.3.1 Global Virtual Event Platform Market by Healthcare, 2023 – 2032 (USD Billion)
    • 6.4 Enterprises
      • 6.4.1 Global Virtual Event Platform Market by Enterprises, 2023 – 2032 (USD Billion)
    • 6.5 Others
      • 6.5.1 Global Virtual Event Platform Market by Others, 2023 – 2032 (USD Billion)
  • Chapter 7. Virtual Event Platform Market – Regional Analysis
    • 7.1 Global Virtual Event Platform Market Regional Overview
    • 7.2 Global Virtual Event Platform Market Share, by Region, 2022 & 2032 (USD Billion)
    • 7.3. North America
      • 7.3.1 North America Virtual Event Platform Market, 2023 – 2032 (USD Billion)
        • 7.3.1.1 North America Virtual Event Platform Market, by Country, 2023 – 2032 (USD Billion)
    • 7.4 North America Virtual Event Platform Market, by Organization Size, 2023 – 2032
      • 7.4.1 North America Virtual Event Platform Market, by Organization Size, 2023 – 2032 (USD Billion)
    • 7.5 North America Virtual Event Platform Market, by End-User, 2023 – 2032
      • 7.5.1 North America Virtual Event Platform Market, by End-User, 2023 – 2032 (USD Billion)
    • 7.6. Europe
      • 7.6.1 Europe Virtual Event Platform Market, 2023 – 2032 (USD Billion)
        • 7.6.1.1 Europe Virtual Event Platform Market, by Country, 2023 – 2032 (USD Billion)
    • 7.7 Europe Virtual Event Platform Market, by Organization Size, 2023 – 2032
      • 7.7.1 Europe Virtual Event Platform Market, by Organization Size, 2023 – 2032 (USD Billion)
    • 7.8 Europe Virtual Event Platform Market, by End-User, 2023 – 2032
      • 7.8.1 Europe Virtual Event Platform Market, by End-User, 2023 – 2032 (USD Billion)
    • 7.9. Asia Pacific
      • 7.9.1 Asia Pacific Virtual Event Platform Market, 2023 – 2032 (USD Billion)
        • 7.9.1.1 Asia Pacific Virtual Event Platform Market, by Country, 2023 – 2032 (USD Billion)
    • 7.10 Asia Pacific Virtual Event Platform Market, by Organization Size, 2023 – 2032
      • 7.10.1 Asia Pacific Virtual Event Platform Market, by Organization Size, 2023 – 2032 (USD Billion)
    • 7.11 Asia Pacific Virtual Event Platform Market, by End-User, 2023 – 2032
      • 7.11.1 Asia Pacific Virtual Event Platform Market, by End-User, 2023 – 2032 (USD Billion)
    • 7.12. Latin America
      • 7.12.1 Latin America Virtual Event Platform Market, 2023 – 2032 (USD Billion)
        • 7.12.1.1 Latin America Virtual Event Platform Market, by Country, 2023 – 2032 (USD Billion)
    • 7.13 Latin America Virtual Event Platform Market, by Organization Size, 2023 – 2032
      • 7.13.1 Latin America Virtual Event Platform Market, by Organization Size, 2023 – 2032 (USD Billion)
    • 7.14 Latin America Virtual Event Platform Market, by End-User, 2023 – 2032
      • 7.14.1 Latin America Virtual Event Platform Market, by End-User, 2023 – 2032 (USD Billion)
    • 7.15. The Middle-East and Africa
      • 7.15.1 The Middle-East and Africa Virtual Event Platform Market, 2023 – 2032 (USD Billion)
        • 7.15.1.1 The Middle-East and Africa Virtual Event Platform Market, by Country, 2023 – 2032 (USD Billion)
    • 7.16 The Middle-East and Africa Virtual Event Platform Market, by Organization Size, 2023 – 2032
      • 7.16.1 The Middle-East and Africa Virtual Event Platform Market, by Organization Size, 2023 – 2032 (USD Billion)
    • 7.17 The Middle-East and Africa Virtual Event Platform Market, by End-User, 2023 – 2032
      • 7.17.1 The Middle-East and Africa Virtual Event Platform Market, by End-User, 2023 – 2032 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1 6Connex
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 BigMarker
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Hubilo Softech Private Limited
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Intrado Corporation
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Livestorm SAS
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Pathable
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 Microsoft
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 ubivent GmbH
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 Zoom
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Cisco
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 Others.
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
List Of Figures

Figures No 1 to 20

List Of Tables

Tables No 1 to 52

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Players

  • 6Connex
  • BigMarker
  • Hubilo Softech Private Limited
  • Intrado Corporation
  • Livestorm SAS
  • Pathable
  • Microsoft
  • ubivent GmbH
  • Zoom
  • Cisco
  • Others

FAQs

The Organization category dominated the market in 2022

“North America” had the largest share in the Virtual Event Platform Market.

The key players in the market are 6Connex, BigMarker, Hubilo Softech Private Limited, Intrado Corporation, Livestorm SAS, Pathable, Microsoft, ubivent GmbH, Zoom, Cisco, Others

The global market is projected to grow at a CAGR of 14% during the forecast period, 2023-2030.

The Virtual Event Platform Market size was valued at USD 12,025.22 Million in 2022.

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