UK and Ireland Virtual Event Market will Gain Momentum by 2027 to Surpass USD 36.1 Billion by 2027

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 the UK and Ireland virtual event market. However, lack of awareness regarding technology hinders the market growth. On the contrary, technological advancements in the virtual event industry are expected to open lucrative opportunities for the market players in the future.

The UK and Ireland virtual event market is segmented on the basis of event type, revenue source, age group, and country.

Download Sample PDF (121 Pages with More Insight): https://www.alliedmarketresearch.com/request-sample/11518

Based on event type, the entertainment segment dominated the market in terms of revenue, accounting for nearly one-third of the market. However, the webinar segment is expected to register the highest CAGR of 14.7% during the forecast period.

On the basis of revenue source, the ticket sale segment is projected to manifest the highest CAGR of 14.5% during the forecast period. However, the sponsorship segment held the largest share in 2019, contributing to more than half of the market.

Based on country, the market across the UK held the lion's share in 2019, accounting for more than two-thirds of the market. However, the market across Ireland is anticipated to portray the highest CAGR of 16.3% during the forecast period.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/purchase-enquiry/11518

The UK and Ireland virtual event market include an in-depth analysis of the prime market players such as George P Johnson Event Marketing Private Limited

First Event

Hopin

Grooveyard Event Limited

MGN Events Ltd.

Julia Charles Event Management Ltd.

Seven Events Ltd.

Saville Group Ltd.

Verve Live Agency

The Events Company

Key Benefits For Stakeholders

The report provides a quantitative analysis of the current UK and Ireland virtual event market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis and the market size and segmentation assists to determine the prevailing UK and Ireland virtual event market opportunities.
Drivers and restraints are analyzed depending on event type in the UK and Ireland virtual event market.

Know More- https://www.globenewswire.com/news-release/2021/07/01/2256646/0/en/UK-and-Ireland-Virtual-Event-Market-to-Generate-36-18-Billion-by-2027-Allied-Market-Research.html

Similar Reports in Consumer Goods Industry
Tourism event market https://www.alliedmarketresearch.com/tourism-event-market-A74644
Australia Adventure Tourism Market https://www.alliedmarketresearch.com/australia-adventure-tourism-market-A12705
Domestic Tourism Market https://www.alliedmarketresearch.com/domestic-tourism-market-A13033
Culinary Tourism Market https://www.alliedmarketresearch.com/culinary-tourism-market-A06326

Contact:
Davin Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.

Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.

This release was published on openPR.