Virtual Event Platform Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to virtual event platform market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Virtual Event Platform Market News

in Virtual Event Platform Market
  • In May 2025, AMS (Atlanta Media Services), a leading media production and streaming company announced the launch of a new hybrid event service called Hybridley. The virtual event platform is designed to bridge the gap between live and virtual participants by offering tailor experiences for organizers as per their brand and objectives.
  • In April 2025, In The Room, a renowned name in the events industry launched a new virtual event platform for the United States. The new service allows organizations to create immersive, live online events to engage attendees using latest technology.
  • In February 2025, RingCentral, a leading provider of communication and collaboration solutions announced the launch of Studio to enhance its RingCentral Events platform. The professional production solution is developed to improve the virtual event experience for attendees in Australia and New Zealand.
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Global Virtual Event Platform Market Size was valued at USD 8.45 Billion in 2023 and is poised to grow from USD 9.84 Billion in 2024 to USD 28.83 Billion by 2032, growing at a CAGR of 14.1% during the forecast period (2025-2032).

Virtual event platform providers should focus on simplifying their user interfaces to enable broader adoption. Integrating advanced technologies and improving event experiences are also key opportunities for companies as per this virtual event platform market analysis. 'vFairs', 'Cisco Systems', 'Zoom Video Communication Inc.', 'InEvent Inc.', 'Microsoft Corporation', 'Cvent Inc.', 'SpotMe', 'Cadence', '6Connex', 'BigMarker', 'Accelevents', 'Airmeet Inc.', 'Evenium'

Virtual events are much more affordable than traditional physical events that often require high investments in venue rental, travel, accommodation, staffing, logistics, and printed materials. Companies can reallocate savings toward enhanced content, sponsorships, and attendee engagement tools. Virtual platforms also allow on-demand viewing, further increasing return on investment (ROI). With built-in analytics, sponsors can better track engagement, leading to more meaningful partnerships. This cost efficiency, coupled with technological advancements, is expected to favor the virtual event platform market outlook going forward.

Rise of Hybrid Event Models: Hybrid event models that combine physical and virtual experiences are gaining massive traction on a global level. These models cater to both in-person attendees and remote participants, offering seamless integration across platforms. With advancements in streaming, audience engagement tools, and real-time analytics, hybrid formats allow organizers to scale events while maintaining personalization. This virtual event platform industry trend is prompting companies to innovate with dual-mode capabilities, advanced content delivery systems, and enhanced participant interaction features.

Why North America Leads Virtual Event Platform Adoption on a Global Level?

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Global Virtual Event Platform Market
Virtual Event Platform Market

Report ID: SQMIG45E2351

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