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Virtual Events Market Share

Report ID: GMI7371
Published Date: Nov 2023
Report Format: PDF

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Virtual Events Market Share

The major players operating in the virtual events industry are:

6Connex
Accelevents
Cisco Systems Inc.
Cvent Inc.
Hopin
Microsoft Corporation
Remo
WHOVA
Zoom Communications Inc.

Companies in this space are adopting various strategies to bolster their presence. This includes enhancing technology features, offering unique interactive experiences, forming strategic partnerships, and expanding global reach to attract and retain clients in an increasingly competitive and rapidly evolving industry.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of virtual events was worth USD 118.9 billion in 2022 and is expected to register over 19.5% CAGR through 2032, due to the rapid shift from in-person to virtual events for maintaining business continuity and ensuring public safety worldwide.

The large enterprises segment registered 66% share of the virtual events industry in 2022 and is expected to register appreciable CAGR from 2023 to 2032, due to the rising need for cost-effective solutions to substantially reduce expenses associated with physical gatherings.

North America held 36% share of the virtual events market in 2022 and is expected to register commendable CAGR till 2032, due to the rapid technological advancements and the growing corporate landscape in the region.

6Connex, Accelevents, Cisco Systems Inc., Cvent Inc., Hopin, Microsoft Corporation, Remo, WHOVA, and Zoom Communications Inc. are some of the major virtual events companies worldwide.