Virtual Event Platform Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
The global virtual event platform market is anticipated to grow at a CAGR of around 12% during the forecast period. The significant rise in funding for the expansion of virtual event platforms by major players is the key factor driving the market growth. Major virtual event platforms such as Hopin, TouchCast, Samaaro, Hubilo, Virtual experience company, Brella, among others are raising funds for the market development. For instance, in February 2021, TouchCast, a New York Video Startup that develops a platform aimed at companies to produce lifelike, virtual conferences, and other events has raised funding $55 million. Similarly in June 2021, Virtual event platform Samaaro has raised $125K in angle round. The funding will be used by the company to scale its product, expand the team, and reach global markets. On the other hand, in February 2020, London-based Virtual Events platform Hopin raised $565 million in series C funding. Hopin used the funding amount to accelerate growth, scale operations, and strengthen the team and virtual event platform to address the demands of its expanding customer base and support its multi-product business. Moreover, in December 2020, Bizzabo had raised $138 million for the virtual event platform. Considering this funding by the top platforms, considerable growth can be expected in the global virtual event platforms market during the forecast period.
Moreover, the key players
operating in the market are introducing new virtual event platforms to the
market which in turn, driving the market growth. For instance, in May 2021,
Zoom has launched Zoom Events Platform for virtual experiences. Zoom Events
will enable businesses to host and monetize both small and large events like
sales summits and user conferences, aimed at recreating the in-person
experience. Furthermore, in July Hubilo Technologies Inc., has introduced its
next-generation hybrid event platform, built for engagement and event
excellence. On the other hand, in September 2020, Aventri expanded its product
offerings by launching the Aventri Virtual Event Platform along with the
release of key industry-leading features. These product launches by key players
will aid in market growth.
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Event Platform Market: https://www.omrglobal.com/request-sample/virtual-event-platform-market
Market Coverage
•
The market number available for – 2022-2030
•
Base year- 2022
•
Forecast period- 2023-2030
Segment Covered-
•
By Component
•
By Organization Size
•
By End-User
Regions Covered-
•
North America
•
Europe
•
Asia-Pacific
•
Rest of the World
•
Competitive Landscape- 6Connex Inc., Cisco
Systems, Inc., Cvent Inc., Hopin, Hubilo Softech Private Ltd., Microsoft Corp.,
Samaaro, Zoom Video Communications, Inc., among others.
Virtual Event Platform Market Report Segment
By Component
•
Platform
•
Services
•
Training and Consulting
•
Support and Maintenance
•
Deployment and Integration
By Organization size
•
Large enterprises
•
Medium-size enterprises
•
Small enterprises
By End-User
•
Non Profit
•
Government
•
Education
•
Healthcare and Lifesciences
•
Third Party Planner
•
Associations
•
Corporations
A
full Report of Virtual Event Platform Market is Available @ https://www.omrglobal.com/industry-reports/virtual-event-platform-market
Virtual Event Platform Market Report by Region
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company
Profiles
• 6Connex
Inc (US)
• Accelevents
(US)
• Airmeet
(India)
• Aventri,
Inc.
• BigMarker.com,
LLC,
• Bizzabo
Inc.
• Brella
Oy, Inc
• Cisco
Systems, Inc.
• Cvent
Inc.
• Eventcube
Solutions Ltd
• EventMobi
(Canada)
• HeySummit
(UK)
• Hopin
(UK),
• Hubilo Softech
Private Ltd
• Intrado Corp
• Livestorm Inc
• Microsoft
Corp (US)
• On24(US)
• Orbits
Intergalactic Pty Ltd
• Pathable,
Inc.
• PheedLoop
Inc
• Run
the World (US)
• Samaaro
(India),
• Socio
Labs LLC
• Splash
(US),
• SpotMe
SA
• Vconfex
(India),
• vFairs
LLC
•
Zoom Video Communications, Inc.
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