Virtual events are online exhibitions that include breakout sessions, video conferencing, web conferencing, collaboration tools, communication, and social networking. Virtual events can be enabled on smartphones, desktops, laptops, and tablets. They can be used to announce the launch of new products, provide additional information to people, and obtain new vendors. The exhibit below represents the differences between physical events and virtual events.
According to the report, the automotive industry is one of the fastest growing industries, contributing a major portion to the global virtual inspection market. Virtual inspection helps minimize production losses, lowers the requirement for trained staff, and reduces the chances of reworking. The use of the technology provides 24/7 support for fatigue-free functioning and so, manufacturing and assembly line plants implement this technology to ensure consistent quality.
This report studies the global Virtual Events demand, key companies, and key regions.
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This report is a detailed and comprehensive analysis of the world market for Virtual Events, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Virtual Events that contribute to its increasing demand across many markets.
The global Virtual Events market size is expected to reach $ 346630 million by 2029, rising at a market growth of 16.5% CAGR during the forecast period (2023-2029).
Global Virtual Events Market, Segmentation by Type
Online Exhibitions
Web Conferencing
Others
Global Virtual Events Market, Segmentation by Application
Education
Healthcare
Finance and Banking
Others
Companies Profiled:
Adobe Systems
Avaya
Cisco Systems
Citrix Systems
IBM
Microsoft
8x8
Mitel Networks
Alcatel-Lucent
Atlassian
BroadSoft
COREX
Huawei
Toshiba
Ubivent
Zoom Video Communications
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