How big is the Virtual Events Market?

The Virtual Events Market size is expected to reach USD 13.69 billion in 2024 and grow at a CAGR of 10.60% to reach USD 22.66 billion by 2029. Read More

What is the current Virtual Events Market size?

In 2024, the Virtual Events Market size is expected to reach USD 13.69 billion. Read More

Who are the key players in Virtual Events Market?

6Connex International sp. z.o.o., Alive Events Agency, Zoom Video Communications Inc, Avaya LLC and vFair are the major companies operating in the Virtual Events Market. Read More

Which is the fastest growing region in Virtual Events Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Virtual Events Market?

In 2024, the North America accounts for the largest market share in Virtual Events Market. Read More

What years does this Virtual Events Market cover, and what was the market size in 2023?

In 2023, the Virtual Events Market size was estimated at USD 12.24 billion. The report covers the Virtual Events Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Virtual Events Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Virtual Events Market - Size, Industry Trends

Virtual Events Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Virtual Event Market Report is Segmented by Service Type (Communication, Recruitment, Sales & Marketing, Training), by Application (Conferences, Exhibitions/Trade Shows, Summits, Other Applications), by End-User Industry (Educational Institutions, Enterprises, Organizations, Other End-User Industries) and by Geography (North America, Europe, Asia-Pacific, Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Virtual Events Industry Overview

The competitive rivalry between various firms in the market studied depends on prices, products, market shares, and the intensity with which they compete against one another.

The virtual events market is fiercely competitive, with numerous mid-sized and large players offering domestic and international solutions. While the market shows moderate concentration, key players employ product innovations and mergers & acquisitions strategies to outpace competitors and broaden their geographical footprint.

Innovation can give companies a sustainable competitive advantage. Market players are adopting powerful strategies based on product differentiation and expansion. The big companies strongly influence the market through R&D, collaborations, and consolidation activities. Conversely, the market can be characterized by high levels of penetration and increasing fragmentation.