Virtual Events Market Statistics - Forecast and Analysis 2023-2027
The virtual events market is predicted to grow at a CAGR of 21.34% during the forecast period 2022-2027 by Technavio data and research experts. This market research report also predicts the statistics about the market size growth that will grow by USD 273.82 million. There are various key factors that directly influence the virtual events market growth such as rising number of the corporate events, increasing popularity of the social networking sites, and the growing need for the improvement of competitive responsiveness.
The predicted growth momentum seems incremental thus gives a positive outlook for the market as well as its respective investors. Consequently, such market conditions will further reinforce the position of vendors in the market.
Our researchers provide the major statistical predictions about some key market drivers via thorough data and information analysis. One of these market drivers is the rising number of the corporate events that is helpful in the virtual events market growth. Although there are other factors such as possible threat from the open-source virtual events solutions may affect the market growth negatively.
Additionally, there are some key vendors operating in the market, mentioned below:
- Adobe Inc.
- Cvent Inc.
- ALE International
- Aventri Inc.
- Avaya Holdings Corp.
- Atlassian Corp. Plc
- Cadence Design Systems Inc
The precisely illustrated statistical data consists of some key market information and analysis to get a better understanding of specific business requirement. Technavio, also has the subscription platform having an instant lifetime access to the 17,000+ market reports and the world-class market intelligence at customized plans and rates.