openPR Logo
Press release

Virtual Event Platforms Market Gain Impetus due to the Growing Demand over 2020-2030

12-03-2021 07:45 PM CET | IT, New Media & Software

Press release from: Future Market Insights

Virtual Event Platforms Market Gain Impetus due to the Growing

Future Market Insights’ recent report on the virtual event platforms market anticipates a double-digit growth trajectory for the upcoming decade’s forecast period.

The COVID-19 pandemic has compelled business entities to migrate to virtual platforms, as mandatory social distancing protocols have compelled employers to issue work from home directives, leading to an increase in online business activities. All educational, entertainment and corporate enterprises are now going virtual, which is providing immense traction to the market.

With the pandemic showing limited signs of relenting, adoption of smart devices such as tablets, laptops and smartphones for various virtual events is pushing manufacturers to design integrated, state-of-the-art and user-friendly applications and extract massive financial gains.

Virtual event platforms are designed to emulate real-time activities such as registrations, certifications and participations, making them an indispensable element of business entities. Based on all these factors, the market will surge healthily in the coming years.

“Vendors are tapping into the demands and expectations of target audiences and transform them into actionable insights, helping them make improvements in their existing portfolios,” says an FMI analyst.
Download a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-11938

Key Takeaways from FMI’s Virtual Event Platforms Market Study

Virtual event platforms market shall surge at a CAGR exceeding 20% from 2020-2030
Live event support services will capture the greatest market share, attributed to increasing live streaming sessions
Event management agencies shall emerge as the principal virtual event platform end-users
Enterprises and corporates as well as educational institutions are quickly catching up
Software as a service (SaaS) and unified communications as a service (UCaaS) shall be the most lucrative deployment models
Virtual Event Platforms Market- Key Trends

Small and medium enterprises with budget constraints shall extensively leverage the virtual event platforms market
Manufacturers are developing feature-rich services with augmented reality to provide an immersive experience
Integration with social media platforms such as Facebook, Instagram and Twitter are providing vendors with a competitive edge
Virtual Event Platforms Market- Region-wise Analysis

North America accounted for over 2/5th of the market share in 2019 due to widespread adoption of digitally simulated solutions
India, Australia and New Zealand are creating immense growth opportunities due to penetration of 4G LTE & 5G technologies
Entry of MNCs and beginning of start-ups shall drive growth in Latin America and MEA in the coming years
Virtual Event Platforms Market- Competitive Insights

The virtual event platforms market is characterized by a high degree of competition, attributed to the presence of a multitude of players. Collaborations & partnerships, development of customized solutions and enhancing in-house research capabilities constitute some key expansion strategies.

For instance, in April 2020, Hubilo developed a cloud-based event management platform to facilitate virtual events amid the pandemic. Also, leading companies such as Microsoft are streamlining their research capacities to develop innovative technologies.

For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-11938

Virtual Event Platforms Market Taxonomy

Component

Solutions
Integrated Virtual Event Platforms
Standalone Software Solutions
Services
Live Event Support
Post Event Processing Services
Event Consulting Services
Support Services
End-User

Enterprises/Corporates
Event Management Agencies
Academic Institutions
Trade Show Organizers
Others
Region/Country

North America

U.S
Canada
Latin America

Brazil
Cambodia
Mexico
Rest of Latin America
Europe

EU-5
BENELUX
Russia
Rest of Europe
Southeast Asia & Pacific

India
ASEAN
Oceania
Rest of Southeast Asia & Pacific
East Asia

China
Japan
South Korea
Middle East & Africa

GCC
Northern Africa
South Africa
Turkey
Rest of Middle East & Africa
Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/request-special-price/rep-gb-11938

More Valuable Insights on Virtual Event Platform Market

FMI’s research on the virtual event platform market is segmented into two major segments. By component, the global virtual event platform market is segmented into solutions and services. The solutions sub-segment is further segmented into integrated virtual event platforms and standalone software, while the services sub-segment is further segregated into live event support, post event processing services, event consulting services and support services. With respect to end-user, the global virtual event platform market is segregated into enterprises/corporates, event management agencies, academic institutions, and trade show organizers, among others. The extensive segregation of the market helps readers evaluate lucrative opportunities in the global virtual event platform market.

Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44 (0) 20 7692 8790
Sales: sales@futuremarketinsights.com
Press@futuremrketinsights.com

About Us
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Virtual Event Platforms Market Gain Impetus due to the Growing Demand over 2020-2030 here

News-ID: 2484944 • Views:

More Releases from Future Market Insights

Polygon Mirror Scanner Motor Market Set to Hit USD 88.5 Million by 2035, Powered by Advanced Imaging and Office Tech
Polygon Mirror Scanner Motor Market Set to Hit USD 88.5 Million by 2035, Powered …
The global polygon mirror scanner motor market is experiencing robust growth, forecasted to rise from USD 55.9 million in 2025 to USD 88.5 million by 2035, which represents a nearly 1.6-fold increase over the assessment period. This remarkable expansion is shaped by the widespread adoption of next-generation scanning technologies and the rapid digital transformation across the printing and office equipment industries. As businesses renew their focus on speed, accuracy, and
Global p-Hydroxybenzoic Acid Market to Approach USD 400 Million by 2035, Driven by Polymer and Textile Demand
Global p-Hydroxybenzoic Acid Market to Approach USD 400 Million by 2035, Driven …
The global p-Hydroxybenzoic Acid (PHBA) market is entering a new era of growth, expected to rise from USD 213.0 million in 2025 to USD 399.8 million by 2035, showcasing a compound annual growth rate of 6.5%. This surge is underpinned by PHBA's flourishing adoption in polymer synthesis, textile processing, and supporting industries seeking high-performance and sustainable chemical solutions. As organizations shift towards advanced materials with enhanced durability, thermal stability, and
Sustainable Growth Drives Castor Oil Polyol Market to USD 418.8 Million by 2035 as Manufacturers Innovate for Green Industries
Sustainable Growth Drives Castor Oil Polyol Market to USD 418.8 Million by 2035 …
The castor oil polyol market is set to reshape the landscape of bio-based chemicals, growing from a value of USD 254.7 million in 2025 to USD 418.8 million by 2035. This represents a robust CAGR of 5.1% over the decade, with expansion driven by surging demand across chemical, automotive, construction, and coatings sectors. The market's early growth, spanning 2021 to 2025, reflects steady adoption as sustainable polyols substitute petroleum-based alternatives,
Global Fifth Wheel Coupling Market to Hit USD 1.2 Billion by 2035 Driven by Smart Fleet Innovations
Global Fifth Wheel Coupling Market to Hit USD 1.2 Billion by 2035 Driven by Smar …
The global Fifth Wheel Coupling Market continues to evolve as the logistics and transport sectors demand more efficient, safe, and smart towing systems. Valued at USD 547.3 million in 2020 and reaching USD 672.6 million by 2024, the market is projected to expand at a 6.0% CAGR from 2025 to 2035, ultimately achieving a valuation of USD 1,238.6 million. At the heart of this growth lies the critical role of fifth

All 5 Releases


More Releases for Event

Streamlining Event Planning with Event Zone EMG's Innovative Tools
In the fast-paced world of event planning, having the right tools can make all the difference. Event Zone EMG understands this need and has developed a suite of innovative tools designed to simplify the event planning process for both professional planners and individuals alike. Event Budgeting Tool One of the standout features is the Event Budgeting Tool, which allows users to create and manage their event budgets efficiently. This tool helps users
Collectors Club Grand Opening Event: Wynwood's Premier Luxury Collectibles Event
Image: https://www.abnewswire.com/upload/2025/01/f92aa184d25018eea188d7bc5fe22e65.jpg Miami, FL - January 31, 2025 - A groundbreaking new destination for collectors, enthusiasts, and connoisseurs of high-end trading cards and memorabilia is set to redefine the industry. Collectors Club, located in the heart of Wynwood, Miami, officially opens its doors today, Friday, January 31, at 8 PM. This unprecedented experience combines an elite collectibles showcase, on-site AI-powered card grading, and a luxurious lounge-all in one stunning venue. A Never-Before-Seen
Enhance Any Outdoor Event with A-Frame Event Tents
Outdoor events provide a unique opportunity to connect with your audience in a natural and engaging environment. Whether you're organizing a festival, corporate event, or a community gathering, the choice of event tent can significantly impact the experience of your attendees. Among the various options available, the A-frame event tent [https://www.tourletent.com/pvc-wall-sandwich-panels-wall-glass-wall-single-span-large-area-a-frame-tent-product/] stands out as a versatile and practical choice for manufacturers and event organizers alike. Versatility in Design A-frame event tents [https://www.tourletent.com/transparent-pvc-roof-aluminum-frame-luxury-outdoor-wedding-event-party-marquee-tents-product/]
UK and Ireland Virtual Event Market to Witness Comprehensive Growth by 2027 ; Fi …
As per the report published by Allied Market Research, the UK and Ireland virtual event market was accounted for $3.14 billion in 2019, and is estimated to reach $36.18 billion by 2027, growing at a CAGR of 13.3% from 2021 to 2027. Rise in trend of work from home, surge in sponsorship for virtual events, low operational cost in organizing virtual events, and the globalization of businesses drive the growth of
UK and Ireland Virtual Event Market to Generate $36.18 Billion by 2027 | First E …
As per the report published by Allied Market Research, the UK and Ireland virtual event market was accounted for $3.14 billion in 2019, and is estimated to reach $36.18 billion by 2027, growing at a CAGR of 13.3% from 2021 to 2027. Rise in trend of work from home, surge in sponsorship for virtual events, low operational cost in organizing virtual events, and the globalization of businesses drive the growth of
Event Planning App - How to Develop Event Management Apps?
Event Planners Are Turning to App Makers to Develop Event Planning Apps for Their Business The event management businesses are using technology to develop event planning apps which help them improve their services. Fully-Customizable & Industry Specific Library of Pre-built Business Modules @ Mobile apps have given the event management businesses a platform to improve and better their business by creating event planning apps. Fully-Customizable & Industry Specific Library of Pre-built Business Modules @