The Virtual Event Platform Global Market Report 2023, provides comprehensive information on the virtual event platform market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Virtual Event Platform Global Market Report 2023, the market size will grow from $11.99 billion in 2022 to $13.82 billion in 2023 at a compound annual growth rate (CAGR) of 15.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the virtual event platform is expected to grow to $23.57 billion in 2027 at a CAGR of 14.3%.

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The technological advancement in augmented reality (AR) and virtual reality (VR) is a key trend gaining popularity in the virtual events platform market. Major companies operating in the virtual event platform market are focused on providing a technologically advanced platform to strengthen their market position. These companies are implementing next-generation virtual event platform technologies into their platforms, such as CRM, video API, text API, AI and ML, and others. The AR and VR technologies enable users to interact and manipulate 3D models projected into a real-world environment to enhance a fictional reality. For instance, in January 2022, VRXtream, an immersive event platform, introduced the Metaverse platform for events, connected with the NFT marketplace with equipped AR and VR technologies. This newly announced platform provides a comprehensive suite of realistic, interactive, and feature-assisted events that can be immediately modified with VR Spaces, NFT characters, and NFT features.

The virtual event platform market is segmented:
1) By Component: Platform, Services, Training and Consulting, Support and Maintenance, Deployment and Integration
2) By Organization Size: Large Enterprises, Medium-Size Enterprises, Small Enterprises
3) By End-User: Non-Profit, Government, Education, Healthcare and Lifesciences, Third Party Planner, Associations, Corporations

North America was the largest region in the virtual event platform market in 2022.

The table of contents in TBRC’s virtual event platform market report includes:
1. Executive Summary
2. Virtual Event Platform Market Characteristics
3. Virtual Event Platform Market Trends And Strategies
4. Virtual Event Platform Market – Macro Economic Scenario
5. Virtual Event Platform Market Size And Growth
…..
26. Africa Virtual Event Platform Market
27. Virtual Event Platform Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Virtual Event Platform Market
29. Virtual Event Platform Market Future Outlook and Potential Analysis
30. Appendix

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