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Virtual Event Platform Market

The global virtual event platform market is anticipated to grow at a CAGR of around 12%

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Virtual Event Platform Market

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  1. Virtual Event Platform Market to see Huge Growth by 2029 The global virtual event platform market is anticipated to grow at a CAGR of around 12% during the forecast period (2022-2028). 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. To Request a Sample of our Report on Virtual Event Platform Market https://www.omrglobal.com/request-sample/virtual-event-platform-market 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. A full Report of Virtual Event Platform Market https://www.omrglobal.com/industry-reports/virtual-event-platform-market Market Coverage    The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 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. Key questions addressed by the report          What is the market growth rate? Which segment and region dominate the market in the base year? Which segment and region will project the fastest growth in the market? How COVID-19 impacted the market? Deviation from the pre-COVID-19 forecast Most affected region and segment Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? Global Virtual Event Platform Market Report Segment Global Virtual Event Platform Market, By Component      Platform Services Training and Consulting Support and Maintenance Deployment and Integration Global Virtual Event Platform Market, By Organization size     Large enterprises Medium-size enterprises Small enterprises

  2. Global Virtual Event Platform Market, By End-User        Non Profit Government Education Healthcare and Lifesciences Third Party Planner Associations Corporations For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/virtual-event-platform-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

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