Virtual Event Platform Market 2023 - Industry Trends, Opportunities, Growth And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Virtual Event Platform Market Size, Growth Rate, And Forecast
The global virtual event platform market size grew from $11.99 billion in 2022 to $13.82 billion in 2023 at a compound annual growth rate (CAGR) of 15.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The virtual event platform market size is expected to grow to $23.57 billion in 2027 at a CAGR of 14.3%.

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Virtual Event Platform Market Drivers
An increasing number of online meetings, conferences, lectures, and events is expected to propel the growth of the virtual event platform. The emergence of a global pandemic presented new challenges for corporates to conduct meetings and events. When in-person meetings had to be cancelled, businesses had to immediately switch to virtual meetings using cutting-edge technology to facilitate connectivity and reduce the impact of COVID-19 disease. Due to this sudden shift towards virtual conferences and events, the use of virtual event platforms has increased.

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Virtual Event Platform Market Segments
1) By Component: Platform, Services, Training and Consulting, Support and Maintenance, Deployment and Integration

2) By Organization Size: Large Enterprises, Medium-Size Enterprises, Small Enterprises

3) By End-User: Non Profit, Government, Education, Healthcare and Lifesciences, Third Party Planner, Associations, Corporations

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the virtual event platform market.

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Virtual Event Platform Market Key Players
Major competitors in the virtual event platform market include 6Connex, Cvent Inc., Microsoft Corporation, Cisco Systems Inc., Zoom Video Communications, Hubilo, Vfairs, BigMarker.

The Business Research Company's "Global Virtual Event Platform Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Virtual Event Platform Market Include:
1. Executive Summary
2. Virtual Event Platform Market Characteristics
3. Virtual Event Platform Market Trends And Strategies
4. Virtual Event Platform Market - Macro Economic Scenario
5. Virtual Event Platform Market Size And Growth
....
26. Africa Virtual Event Platform Market
27. Virtual Event Platform Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Virtual Event Platform Market
29. Virtual Event Platform Market Future Outlook and Potential Analysis
30. Appendix

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