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Virtual Events Industry Report 2024: A Global $889 Billion Market by 2032, Driven by Rise in the Demand for Flexible, Time-saving, and Cost-effective Solutions [Yahoo! Finance]
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Use, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering. The global virtual events market size reached US$ 171.4 Billion in 2023. Looking forward, the market to reach US$ 889.0 Billion by 2032, exhibiting a growth rate (CAGR) of 20.1% during 2023-2032. The increasing number of smartphone users around the world, emergence of various advanced technologies, and rising adoption among companies to build brand image and engage more customers represent some of the key factors driving the market. North America (the United States and Canada) was the largest market for virtual events. Some of the factors driving the North America virtual events market included the growing adoption of digitally simulated platforms in the healthcare industry, rising number of multinational companies and increasing demand for business meetings in the government sector. In addition, the rising demand for virtual events, as they are easy to conduct and assist in generating more reve
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