Press release
Global Virtual Events Market to grow at a CAGR of 21.97% Between 2017-2021
Virtual events are online exhibitions that include breakout sessions, video conferencing, web conferencing, collaboration tools, communication, and social networking. They are used in various sectors such as education, healthcare, hospitality, and finance and banking. Virtual events can be enabled on smartphones, desktops, laptops, and tablets. They can be used to announce the launch of new products, provide additional information to people, and obtain new vendors. The exhibit below represents the differences between physical events and virtual events.
The global virtual events market to grow at a CAGR of 21.97% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global virtual events market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Virtual Events Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Adobe Systems
Avaya
Cisco Systems
Citrix Systems
IBM
Microsoft
Other prominent vendors
8x8
Mitel Networks
Alcatel-Lucent
Atlassian
BroadSoft
COREX (PTY)
Huawei Technologies
Toshiba
ubivent
Zoom Video Communications
Market driver
Rise in number of corporate events
For a full, detailed list, view our report
Market challenge
Emerging threat from open-source virtual events solutions
For a full, detailed list, view our report
Market trend
Growing popularity of virtual events in education
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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