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The virtual event platforms market refers to the industry that provides software and services for hosting virtual events such as conferences, trade shows, webinars, and exhibitions. The rise of remote work and social distancing measures due to the COVID-19 pandemic has increased the demand for virtual event platforms. Key players in the market include Zoom, WebEx, BlueJeans, GoToWebinar, and Microsoft Teams. The market is expected to continue to grow as companies and organizations look for ways to host events online and connect with customers, partners, and employees.
From 2022 to 2028, demand for virtual event platforms is anticipated to grow at an astounding CAGR of 16.6%. The market for virtual event platforms is currently valued at US$ 6.78 billion, but by the end of 2028, it is expected to reach US$ 17.05 billion. With a 36.8% market share, businesses and corporations dominate the global market. The COVID-19 epidemic accelerated the growth of virtual conference platforms as businesses everywhere embraced the trend of remote work and staff members required engaging virtual meeting environments to collaborate and operate effectively.
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Competitive Landscape
Virtual event platform providers are focusing on mergers and collaboration to expand the scope of their offerings and maximize their business potential across the world.
Key Companies Profiled
What will be the performance of the virtual event platforms market globally?
Regional Market in South Asia & Pacific to Expand at Fastest CAGR Over the course of the forecast period, the worldwide market for virtual event platforms is expected to be dominated by North America.
The prospective market for virtual event platforms is anticipated to benefit from the presence of important businesses like Apple and Microsoft in this area. Through 2028, growth is anticipated to be boosted by these businesses’ expanding use of online event platforms.
The fast use of virtual conference platforms and online event platforms by end-use industries including banking, healthcare, and finance is expected to create highly lucrative prospects for virtual event platform providers in the South Asia and Pacific area.
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Key Segments of Virtual Event Platforms Industry Survey
Virtual Event Platforms Market by Solution:
Virtual Event Platforms Market by Enterprise Size:
Virtual Event Platforms Market by End User:
Virtual Event Platforms Market by Region:
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Innovation / Development Trends
4. Virtual Event Platforms, Key Feature Analysis
4.1. Host Live & On-Demand Sessions
4.2. Conduct Live Polling
4.3. Host Live Q&A
4.4. Virtual Event Networking
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