January 26, 2022

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Insights on the Global Virtual Events Market 2021-2025: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats

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Press release content from Business Wire. The AP news staff was not involved in its creation.

LONDON–(BUSINESS WIRE)–Feb 1, 2021–

The virtual events market is expected to grow by $ 269.20 bn, decelerating at a CAGR of almost 33% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210201005965/en/

Technavio has announced its latest market research report titled Global Virtual Events Market 2021-2025 (Graphic: Business Wire)

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The rise in the number of corporate events is one of the major factors propelling market growth. However, factors such as emerging threat from open-source virtual events solutions will hamper 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 is expected to witness lucrative growth during the forecast period.

Virtual Events Market: Geographic Landscape

By geography, North America is going to have a lucrative growth during the forecast period. About 29% of the market’s overall growth is expected to originate from North America. The US is a key market for virtual events in North America.

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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

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210201005965/en/

CONTACT: Technavio Research

Jesse Maida

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Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY ENTERTAINMENT MOBILE ENTERTAINMENT TELECOMMUNICATIONS

SOURCE: Technavio Research

Copyright Business Wire 2021.

PUB: 02/01/2021 06:23 PM/DISC: 02/01/2021 06:23 PM

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