Virtual Events Market to Reach USD 269.20 billion, Registering at a CAGR of Almost 33% During 2021-2025|Technavio
NEW YORK, April 22, 2021 /PRNewswire/ --
The virtual events market is expected to grow by USD 269.20 billion, decelerating at a CAGR of almost 33% during the forecast period.
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The rise in the number of corporate events is one of the major factors driving the market growth. However, factors such as the emerging threats from open-source virtual events solutions may impede the market growth.
More details: https://www.technavio.com/report/virtual-events-market-industry-analysis
Virtual Events Market: Application Landscape Based on the application, the UC&C technology segment saw maximum growth in 2020. It offers various benefits such as improved employee productivity, enhanced communication among employees across the globe, increased use of collaboration tools and software, better optimization of business processes, faster decision-making capabilities, and increased availability of employees. The market growth in the segment will be significant over the forecast period.
Virtual Events Market: Geographic Landscape By geography, North America is going to have lucrative growth during the forecast period. About 29% of the market's overall growth is expected to originate from North America. The rise in the use of virtual event platforms for organizing global conferences, summits, and sports events will increase the virtual events market growth in North America over the forecast period.
The US is a key market for virtual events in North America. Market growth in this region will be faster than the growth of the market in Europe.
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Companies Covered:
- Adobe Inc.
- Avaya Holdings Corp.
- Aventri Inc.
- Cisco Systems Inc.
- Cvent Inc.
- Huawei Investment & Holding Co. Ltd.
- International Business Machines Corp.
- Microsoft Corp.
- Ungerboeck
- Zoom Video Communications Inc.
What our reports offer:
- Market share assessments for the regional and country-level segments.
- Strategic recommendations for the new entrants.
- Covers market data for 2020, 2021, until 2025.
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations).
- Strategic recommendations in key business segments based on the market estimations.
- Competitive landscaping mapping the key common trends.
- Company profiling with detailed strategies, financials, and recent developments.
- Supply chain trends mapping the latest technological advancements.
Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- UC and C and video conferencing - Market size and forecast 2020-2025
- Web conferencing - Market size and forecast 2020-2025
- Market opportunity by Application
Market segmentation by End-Users
- Virtual events for educational institutions
- Virtual events for trade shows
- Virtual events for enterprises
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Adobe Inc.
- Avaya Holdings Corp.
- Aventri Inc.
- Cisco Systems Inc.
- Cvent Inc.
- Huawei Investment & Holding Co. Ltd.
- International Business Machines Corp.
- Microsoft Corp.
- Ungerboeck
- Zoom Video Communications Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ Report Page: https://www.technavio.com/report/virtual-events-market-industry-analysis
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