Market Segmentation
- Virtual Events Event Type Outlook (Revenue, USD Million, 2018 - 2030)
- Internal
- External
- Extended
- Virtual Events Component Outlook (Revenue, USD Million, 2018 - 2030)
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Virtual Events Market Organization Size Outlook (Revenue, USD Million, 2018 - 2030)
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Virtual Events Market End User Outlook (Revenue, USD Million, 2018 - 2030)
- Educational Institutions
- Corporate
- Government
- Others
- Virtual Events Market Application Outlook (Revenue, USD Million, 2018 - 2030)
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Virtual Events Industry Vertical Outlook (Revenue, USD Million, 2018 - 2030)
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Virtual Events Use Case Outlook (Revenue, USD Million, 2018 - 2030)
- Everyday Events
- Large-scale Events
- Virtual Events Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- North America virtual events market, by event type
- Internal
- External
- Extended
- North America virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- North America virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- North America virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- North America virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- North America virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- North America virtual events market, by use case
- Everyday Events
- Large-scale Events
- U.S.
- U.S. virtual events market, by event type
- Internal
- External
- Extended
- U.S. virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- U.S. virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- U.S. virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- U.S. virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- U.S. virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- U.S. virtual events market, by use case
- Everyday Events
- Large-scale Events
- Canada
- Canada virtual events market, by event type
- Internal
- External
- Extended
- Canada virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Canada virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Canada virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- Canada virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Canada virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Canada virtual events market, by use case
- Everyday Events
- Large-scale Events
- Europe
- Europe virtual events market, by event type
- Internal
- External
- Extended
- Europe virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Europe virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Europe virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- Europe virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Europe virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Europe virtual events market, by use case
- Everyday Events
- Large-scale Events
- U.K.
- U.K. virtual events market, by event type
- Internal
- External
- Extended
- U.K. virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- U.K. virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- U.K. virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- U.K. virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- U.K. virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- U.K. virtual events market, by use case
- Everyday Events
- Large-scale Events
- Germany
- Germany virtual events market, by event type
- Internal
- External
- Extended
- Germany virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Germany virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Germany virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- Germany virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Germany virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Germany virtual events market, by use case
- Everyday Events
- Large-scale Events
- France
- France virtual events market, by event type
- Internal
- External
- Extended
- France virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- France virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- France virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- France virtual events market, by application
- Conferences
- Exhibitions/Trade Shows
- Summits
- Others
- France virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- France virtual events market, by use case
- Everyday Events
- Large-scale Events
- Italy
- Italy virtual events market, by event type
- Internal
- External
- Extended
- Italy virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Italy virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Italy virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- Italy virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Italy virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Italy virtual events market, by use case
- Everyday Events
- Large-scale Events
- Asia Pacific
- Asia Pacific virtual events market, by event type
- Internal
- External
- Extended
- Asia Pacific virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Asia Pacific virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Asia Pacific virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- Asia Pacific virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Asia Pacific virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Asia Pacific virtual events market, by use case
- Everyday Events
- Large-scale Events
- China
- China virtual events market, by event type
- Internal
- External
- Extended
- China virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- China virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- China virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- China virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- China virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- China virtual events market, by use case
- Everyday Events
- Large-scale Events
- Japan
- Japan virtual events market, by event type
- Internal
- External
- Extended
- Japan virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Japan virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Japan virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- Japan virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Japan virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Japan virtual events market, by use case
- Everyday Events
- Large-scale Events
- India
- India virtual events market, by event type
- Internal
- External
- Extended
- India virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- India virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- India virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- India virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- India virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- India virtual events market, by use case
- Everyday Events
- Large-scale Events
- South Korea
- South Korea virtual events market, by event type
- Internal
- External
- Extended
- South Korea virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- South Korea virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- South Korea virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- South Korea virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- South Korea virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- South Korea virtual events market, by use case
- Everyday Events
- Large-scale Events
- Australia
- Australia virtual events market, by event type
- Internal
- External
- Extended
- Australia virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Australia virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Australia virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- Australia virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Australia virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Australia virtual events market, by use case
- Everyday Events
- Large-scale Events
- Latin America
- Latin America virtual events market, by event type
- Internal
- External
- Extended
- Latin America virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Latin America virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Latin America virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- Latin America virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Latin America virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Latin America virtual events market, by use case
- Everyday Events
- Large-scale Events
- Brazil
- Brazil virtual events market, by event type
- Internal
- External
- Extended
- Brazil virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Brazil virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Brazil virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- Brazil virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Brazil virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Brazil virtual events market, by use case
- Everyday Events
- Large-scale Events
- Mexico
- Mexico virtual events market, by event type
- Internal
- External
- Extended
- Mexico virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Mexico virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Mexico virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- Mexico virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Mexico virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Mexico virtual events market, by use case
- Everyday Events
- Large-scale Events
- MEA
- MEA virtual events market, by event type
- Internal
- External
- Extended
- MEA virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- MEA virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- MEA virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- MEA virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- MEA virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- MEA virtual events market, by use case
- Everyday Events
- Large-scale Events
- South Africa
- South Africa virtual events market, by event type
- Internal
- External
- Extended
- South Africa virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- South Africa virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- South Africa virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- South Africa virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- South Africa virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- South Africa virtual events market, by use case
- Everyday Events
- Large-scale Events
- Saudi Arabia
- Saudi Arabia virtual events market, by event type
- Internal
- External
- Extended
- Saudi Arabia virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- Saudi Arabia virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Saudi Arabia virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- Saudi Arabia virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- Saudi Arabia virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Saudi Arabia virtual events market, by use case
- Everyday Events
- Large-scale Events
- UAE
- UAE virtual events market, by event type
- Internal
- External
- Extended
- UAE virtual events market, by component
- Platform
- Services
- Communication
- Recruitment
- Sales & Marketing
- Training
- UAE virtual events market, by organization size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- UAE virtual events market, by end user
- Educational Institutions
- Corporate
- Government
- Others
- UAE virtual events market, by application
- Conferences and Conventions
- Exhibitions & Trade Shows
- Seminars and Workshops
- Corporate Meetings and Training
- Others
- UAE virtual events market, by industry vertical
- Banking, Financial Services, and Insurance (BFSI)
- Consumer Electronics
- Healthcare
- IT
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- UAE virtual events market, by use case
- Everyday Events
- Large-scale Events
Virtual Events Market Dynamics
Driver: Surge in the number of business events
Whether internal or external, corporate events can benefit businesses in many ways, such as increasing brand awareness, customer conversion & retention, staff & client education, and team cohesion. In addition to raising brand cognizance, such events also increase the brand reach and help generate revenue for the firm. Business events including trade shows, conferences, seminars, and product launches are gaining popularity as it helps enterprises to build a connection with their target audience. Moreover, several organizations are expanding their geographical presence globally for better business opportunities, which increased demand for overseas communication facilities to improve business processes. This is expected to drive the market of virtual events for corporates since they allow data sharing in real-time and enable end users to reduce their overall communication costs significantly.
Virtual event solutions are incorporated with numerous interactive tools, such as chats, polling, and live questions and answers (Q&A), to enhance business events. There has been a surge in the adoption of virtual events for numerous purposes, including marketing, sales, and recruitment, training, and management activities. These tools enable organizations to offer an exclusive interactive environment to their end users and enhance the overall event experience through instant messaging, chats, Q&A, and virtual experience. Moreover, the emerging trend of digitization, along with the extensive utilization of video and audio conferencing is expected to drive the demand for virtual event solutions for business events. for current and future pilots seeking job opportunities.
Driver: Growing popularity of Unified Communication as a Service (UCaaS)
UCaaS is an advanced service that facilitates all modes of communication, including voice solutions, conferencing, and messaging. UCaaS provides a common platform for varied devices to work together on different software versions, operating systems, and configurations. This technology is emerging as one of the most successful developments in the virtual events market. The use of UCaaS for team collaboration witness growth due to digitization, as industry players are focusing on business process automation to streamline their business operations. UCaaS combines communications into a single source to allow collaboration, increase employee productivity, and to unify communications such as conferencing, voice, SMS, and chat. In addition, UCaaS unites different real-time communication channels, integrates them with different enterprise IT business processes and applications across multiple devices and media types, and is accessible in a consistent unified user interface. Furthermore, UCaaS also enables access to services such as data sharing, messaging, phone communications, and conferencing from various devices and allows every user to move seamlessly between them. Besides, UCaaS can be set up on-premise and over the cloud. Furthermore, cloud based UCaaS services are rapidly becoming the new norm, making it even easier for businesses to deploy them to boost internal efficiency, reduce costs, and create a better virtual experience.
Restraint: Data security and privacy concerns
Enterprises deploying virtual events solutions are required to take into account the legal risk associated with these solutions. If these risks are left unregulated and unchecked, they may be enormously damaging to the company with consequences ranging from costly litigations to negative publicity. Government policies and compliances heavily regulate enterprises from numerous industries, including education, finance & banking, healthcare, and hospitality. Virtual events market vendors need to take the privacy and security threats into account while designing and providing collaboration solutions, as enterprises have to deal with the issue of data ownership during litigation and are required to monitor the content that employees create, edit, or share. Additionally, companies also have to keep track of their employee’s interactions within virtual events platform to reduce the risk of data privacy and security.
Governments are enforcing stringent regulations regarding the safety and security of internet-connected devices to overcome the threat of cybercrimes. For instance, according to the U.S. Federal Rules of Civil Procedure (FRCP), business records need to be stored and supervised for compliance needs, regardless of the channel used for the document and content sharing. FRCP is imposed to administrate civil procedure in U.S. district courts. Virtual event platform providers also need to comply with these regulations as it involves an exchange of business-related document and content during conferences and meetings. Therefore, effective guidelines for virtual platforms are expected to overcome the constraints of privacy and security threats during the forecast period.
What Does This Report Include?
This section will provide insights into the contents included in this virtual events market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Virtual events market qualitative analysis
Virtual Events market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance