Supply Chain Ecosystem Analysis now part of DBMR Reports
Global Virtual Events Platform Market, By Solution (Software, Service), Enterprise Size (Small and Medium Enterprise, Large Enterprise), End User (Enterprise/Corporates, Event Management Agencies, Academic Institutions, Trade Show Organizers, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Virtual events platform market is expected to reach USD 410,606.40 million by 2028 witnessing market growth at a rate of 23.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on virtual events platform market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
To make new connections for business, virtual event networks are used. Platforms for virtual gatherings are simpler to host and attend. As they need less of a budget, they offer a greater return on investment (ROI). Vendors are providing sophisticated tools to streamline this virtual experience. Work from home guidelines has prompted vendors to incorporate higher bandwidths to ensure smooth workflow.
Increasing popularity of unified communication as a service (UCaaS) among enterprises, corporates, education institutes, and various other organizations across industries, increasing adoption of virtual event platforms in the healthcare industry to conduct medical conferences and seminars, rising demand of VR and AR technologies across business, growing digitalization and increase in the work-from-home (WFH) policy, rise in number of event management companies, time saving and cost-effective alternative for organizers as well as participants are some of the major as well as vital factors which will likely to augment the growth of the virtual events platform market in the projected timeframe of 2021-2028. On the other hand, surging levels of investment for the development of advanced infrastructure along with growing number of technological advancements which will further contribute by generating massive opportunities that will lead to the growth of the virtual events platform market in the above mentioned projected timeframe.
Integrating event management software with important business systems along with compatibility issues at different business levels which will likely to act as market restraints factor for the growth of the virtual events platform in the above mentioned projected timeframe. Network inconsistencies due to insufficient bandwidth and unstable internet connections which will become the biggest and foremost challenge for the growth of the market.
This virtual events platform market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on virtual events platform market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Virtual events platform market is segmented on the basis of solution, enterprise size and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Virtual events platform market is analysed and market size, volume information is provided by country, solution, enterprise size and end user as referenced above.
The countries covered in the virtual events platform market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the virtual events platform market due to the surging levels of investment for the development of advanced infrastructure along with growing number of technological enhancements in the region while Asia-Pacific region will expect to grow in the virtual events platform market during the forecast period of 2021-2028 due to the increasing adoption of digital platforms for communication purposes, rising consumer base along with rising demand of high speed 5G network deployment in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Virtual events platform market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to virtual events platform market.
The major players covered in the virtual events platform market report are 6Connex; BigMarker; Cvent Inc.; Hubilo Technologies Inc.; Intrado.; Livestorm SAS; Pathable, Inc.; Planning Pod; Skift Inc.; meeytoo conferencing GmbH; V2, LLC.; vFairs; Whova; Microsoft; Cisco; Zoom Video Communications, Inc.; Evenium; SpotMe.; Hubb; InEvent, Inc.; Cadence; KitApps, Inc./Attendify; Boomset, Inc.; Kestone; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Virtual Events Platform Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Virtual Events Platform Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.