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Growing popularity of virtual events such as video conferencing and web conferencing augmenting the growth of the virtual events market, Top Participants – IBM Corporation, Microsoft, Mitel Networks, Alcatel-Lucent

Virtual Events – How do you make them a success?

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Shifting the preferences of companies to reduce travel expenses is driving the growth of the Virtual Events Market. Virtual events support companies to cater to clients across various countries where the organization does not have a physical presence. Key players are introducing various corporate events to launch new products, customer summits, and product promotions which are again fostering the growth of the market. For instance, in October 2019, OnePlus, a mobile manufacturer in India, launched its new product OnePlus7T in a live event that was telecasted live across the globe via several online platforms. Moreover, the growing adoption of online platforms for such events is further anticipated to propel the growth of the virtual events market. Rapid penetration of virtual events in the education field such as online learning platforms and applications are projected to bring new market opportunities.

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North America is expected to hold the dominant position in the global market and this is accredited to the growing popularity of virtual events such as video conferencing and web conferencing among others. This region has the highest number of companies that have global headquarters in the U.S. and Canada. For instance, a company such as Google has its presence globally uses virtual communication services not only to communicate with its regional offices but also to communicate with global customers.

??? ????????? ???????Adobe Systems, Avaya, Cisco Systems, Citrix Systems, IBM Corporation, Microsoft, Mitel Networks, Alcatel-Lucent, Atlassian, BroadSoft, COREX (PTY), Huawei Technologies, Toshiba, ubivent, and Zoom Video Communications.

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Key Development

  1. In May 2021, Zoom has launched a paid platform to enable users to host large-scale virtual events. The move comes as several events including large conferences and concerts worldwide continue to be held virtually

  2. In April 2021, Percept digitICE announced the launch of virtual product for Sintex-BAPL

  3. In May 2020, LinkedIn launches a new virtual events tool. It was launched in tandem with a new Polls feature on the professional networking platform and represents a tighter integration between the existing LinkedIn Live and LinkedIn Events products.

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North America: United States, Mexico and Canada

South & Central America: Argentina, Chile, Brazil and Others

Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.

Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.

Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.

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A virtual event is basically an internet-based event that involves participants interacting over the internet, rather than physically meeting each other in an offline venue. Virtual events are often multi-Session online events, which tend to feature webcasts and webinars. Participants can easily communicate with each other using personal computers and text chat/ emoticons. These events generally take place within the group’s own virtual space, with all of the group members sharing the same room.

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Conduct research on and make predictions on the amount and value of the Virtual Events Market.

Determining market shares for the Virtual Events Market‘s significant segments.

To show how different regions of the world’s markets for Virtual Events Market are evolving.

To research and analyze micromarkets with regard to their potential and unique growth patterns, as well as their contributions to the Virtual Events Market.

To give accurate and practical information on the factors impacting the development of Virtual Events Market.

To provide a detailed analysis of the various business tactics used by the Virtual Events Market, including R&D, partnerships, agreements, collaborations, acquisitions, mergers, new product launches, and acquisitions, mergers, and acquisitions.

Global Virtual Events Market: Taxonomy

The global virtual events market is segmented on the basis of type, End Use Industry, enterprise size and region

  • On the Basis of Type

    • Tele-conference/tele-seminar

    • Video Conferences

    • Unified Communication and Collaboration

    • Web Conferences

  • On Basis of End Use Industry

    • Banking, Financial Services, and Insurance (BFSI)

    • Education

    • Corporate Offices

    • Healthcare

    • Hospitality

    • Government

    • Others

  • On Basis of Enterprise Size

    • SMEs

    • Large Enterprises

  • On the Basis of Region

    • North America

    • Europe

    • Asia Pacific

    • Latin America

    • Middle East and Africa

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What is the estimated growth rate of the market for the forecast period of 2022-2028?

What will the market size be in the anticipated time frame?

What are the primary aspects that will determine the Virtual Events Market‘s fate over the forecast period?

What are the major market players’ winning strategies for building a strong presence in the Virtual Events Market industry?

What are the primary market trends influencing the Virtual Events Market’s growth in various regions?

What are the biggest dangers and difficulties that are likely to stymie the Virtual Events Market’s growth?

What are the most critical opportunities for market leaders to succeed and profit?

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1. Market Overview

▪ Research Objective and Assumption

▪ Research Objectives

▪ Assumptions

▪ Abbreviations

2. Market Preview

▪ Report Description

▪ Market Definition and Scope

▪ Executive Summary

▪ Market Snippet, By Function

▪ Market Snippet, By Application

▪ Market Snippet, By Region

▪ Coherent Opportunity Map (COM)

3.Market Dynamics, Regulations, and Trends Analysis

▪ Market Dynamics

▪ Drivers

▪ Restraints

▪ Market Opportunities

▪ Regulatory Scenario

▪ Industry Trend

▪ Merger and Acquisitions

▪ New system Launch/Approvals

▪ Value Chain Analysis

▪ Porter’s Analysis

▪ PEST Analysis

Continue…

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