Virtual Events Market Size and Share

Virtual Events Market (2026 - 2031)
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Virtual Events Market Analysis by Mordor Intelligence

The virtual events market size stood at USD 16.61 billion in 2026 and is projected to reach USD 27.65 billion by 2031, advancing at a 10.72% CAGR during the forecast period. Corporate procurement teams now benchmark browser-based venues against physical gatherings on total cost of ownership, widening adoption whenever venue rental, travel subsidies, and carbon-offset liabilities inflate in-person budgets. Generative AI is lowering the barriers to real-time interpretation and personalized agendas, while 5G backbones in Asia-Pacific boost high-definition streaming. Platform providers respond by bundling event features inside unified-communications suites, compressing buying cycles and emphasizing API extensibility. Immersive extended-reality (XR) showcases, blockchain-verified credentials, and AI-driven matchmaking round out a product roadmap that seeks to sustain attendee engagement after the novelty of webcams alone has faded.

Key Report Takeaways

  • By platform, web-based solutions secured a 48.43% revenue share of the virtual events market in 2025, whereas XR environments are forecast to expand at an 11.64% CAGR through 2031.
  • By service type, communication services led with 38.64% of the virtual events market size in 2025, while marketing and promotion services are poised to grow at an 11.98% CAGR to 2031.
  • By application, conferences and summits accounted for 42.64% of virtual events market share in 2025; product launches show the fastest trajectory at a 12.01% CAGR during the outlook period.
  • By event type, webinars generated 45.75% of 2025 revenue inside the virtual events market, whereas virtual expos, fairs, and festivals are projected to rise at an 11.43% CAGR.
  • By end-user industry, corporate enterprises commanded 41.52% demand in 2025, yet educational institutions represent the quickest upswing with an 11.57% CAGR through 2031.
  • By revenue source, sponsorship delivered 52.35% of income in 2025; ticket sales are on track to climb at a 12.22% CAGR as tiered-access models mature.
  • By geography, North America retained 40.12% share in 2025, whereas Asia-Pacific is accelerating at 12.45% CAGR.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Platform: Browser Convenience Outpaces Yet Catalyzes XR Adoption

Web-based solutions claimed 48.43% of the virtual events market share in 2025, underscoring how HTML5 and WebRTC deliver frictionless log-on experiences inside corporate firewalls. Enterprises value zero-install access, automatic scaling, and straightforward compliance audits. The dominance of browsers keeps entry costs low, inviting frequent internal updates and external webinars that expand the overall virtual events market size. Yet immersive XR venues are set to grow at an 11.64% CAGR to 2031, powered by multi-vendor headset standards that shrink integration hurdles. Automotive design walk-throughs, surgical simulations, and luxury real-estate tours already showcase the experiential lift of spatial presence. Although headset prices and user comfort remain hurdles, early adopters in manufacturing, healthcare, and education validate the pathway for broader adoption.

The interplay between browser and XR platforms is symbiotic. Browser-based lobbies increasingly route high-value sessions to optional headset environments, melding accessibility with immersion. Cloud orchestration lets organizers spin up parallel 2D and 3D streams, preserving audience reach while experimenting with advanced interactivity. As venture investment pours into photorealistic avatars, gesture recognition, and spatial audio, the virtual events market gains optionality, positioning XR as an additive layer rather than a binary substitute.

Virtual Events Market: Market Share by Platform
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By Service Type: Marketing Spend Migrates to Data-Rich Activations

Communication services accounted for 38.64% of revenue in 2025, serving as the backbone of every webinar, town hall, and training module. Bundling UCaaS contracts compresses incremental spend, while data gathered through chats, polls, and Q&A feeds broader analytics stacks, reinforcing platform stickiness. Marketing and promotion services are forecast to compound at 11.98% annually, mirroring a shift from traditional trade shows to sponsored virtual booths that quantify every click and dwell. First-party data captured through gated registration forms becomes even more valuable as browser cookies are phased out, enabling brands to build owned audiences and refine lead-scoring models. Enhanced dashboards visualize asset downloads, booth traffic, and meeting requests in real time, elevating sponsorship packages and boosting the overall size of the virtual events market.

Cross-functional teams now co-design campaigns that weave pre-event email journeys with in-platform quizzes and post-event nurture tracks, linking marketing automation, CRM, and analytics APIs. White-label customization lets sponsors overlay visual identities on lobbies, slide decks, and session replay hubs, amplifying brand recall. The virtuous loop of data-driven insights and measurable ROI keeps advertiser budgets flowing toward digital floor plans, accelerating growth inside the virtual events market.

By Application: Global Launches Trump Logistical Barriers

Conferences and summits delivered 42.64% of aggregate spending in 2025, benefiting from their familiar agenda structure, multi-track depth, and strong sponsor appetite. On-demand replays extend shelf life beyond live days, allowing continual lead harvesting. Product launches are projected to climb at a 12.01% CAGR across 2026-2031 as automakers, smartphone brands, and software vendors premiere offerings for global audiences without coordinating simultaneous press events in multiple cities. High-definition streams, interactive 3D renderings, and immediate preorder links compress marketing funnels and feed social-media amplification, boosting conversion rates. This simultaneity differentiates digital showrooms and locks in greater share of the virtual events market.

Elsewhere, exhibitions replicate expo halls with clickable booths and one-on-one video chats, although exhibitor satisfaction hinges on lead-capture fidelity. Shareholder meetings gain traction after regulators clarified quorum and e-voting procedures, while community forums and awards galas round out the portfolio, each with unique monetization levers. The breadth of use cases safeguards resilience, even as individual formats cycle through hype and fatigue.

Virtual Events Market: Market Share by Application
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By Event Type: Webinars Anchor Lead Flow, Expos Keep Revenue Rolling

Webinars commanded 45.75% of revenue in 2025, prized for low setup cost, tight storytelling, and repurposable assets that feed blogs, podcasts, and gated ebooks. Marketing teams schedule series around product life cycles, using polling to qualify leads that flow into CRM pipelines. Virtual expos, fairs, and festivals are on pace to expand at an 11.43% CAGR, propelled by municipal and association organizers who monetize year-round pavilions rather than single-weekend spectacles. Persistent halls enable content refreshes, sponsor swaps, and month-long appointment calendars that generate incremental tickets and ad inventory. These recurring touchpoints deepen wallet share for the virtual events market.

Hybrid models now stream keynote concerts or film premieres while maintaining in-person satellite gatherings, capturing both global reach and localized community experience. Gamified quests award points for booth visits and quiz completions, driving footfall inside digital aisles. As broadband penetration widens, mobile-first interfaces and adaptive bitrates minimize dropout risk, ensuring broader demographic participation.

By End-User Industry: Campuses and Corporates Advance in Tandem

Corporate enterprises produced 41.52% of the 2025 demand, leveraging quarterly earnings calls, partner academies, and internal town halls to synchronize dispersed teams. Centralized procurement favors platforms that integrate with identity management, learning systems, and analytics dashboards, trimming redundancy. Educational institutions are projected to grow at an 11.57% CAGR, aligning with hybrid lecture halls, virtual open houses, and alumni fundraising galas. University IT leaders rank AI integration and workforce development as strategic imperatives, elevating event infrastructure from tactical stopgap to core digital campus asset. These shifts enlarge addressable revenue for the virtual events market.

Government agencies adopt platforms for public consultations and policy workshops, especially in regions where travel budgets and security restrictions limit physical convening. Healthcare congresses demand HIPAA-compliant streaming, while non-profits deploy low-cost tools for donor engagement. The diversity of sectoral requirements drives modular architectures, enabling vendors to package compliance, certification tracking, or continuing education credits as add-on modules, deepening lifetime value.

Virtual Events Market: Market Share by End-User Industry
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By Revenue Source: Tiered Access Monetizes Attention

Sponsorship contributed 52.35% of 2025 income, driven by lead-gen-hungry brands that value real-time dashboards and deterministic attribution. Logo placements, branded networking lounges, and co-hosted sessions command premium rates whenever attendee quality trumps raw volume. Ticket sales, however, are forecast to rise at a 12.22% CAGR through 2031 as organizers adopt tiered models that reserve VIP meet-and-greets, downloadable toolkits, or lifetime replay libraries for paying tiers. Freemium gates broaden funnel reach, while premium upsells lock in revenue, enhancing the scalability of the virtual events market size.

Emerging monetization levers include microtransactions for avatar skins in XR spaces, blockchain-verified certificates for continuing education, and resale markets for transferable passes. Exhibitor fees, advertising slots, and content licensing complete a diversified revenue stack, insulating organizers from volatility in a single channel. Converging income streams fortify margin profiles and fund experimentation with new engagement formats.

Geography Analysis

North America wielded 40.12% of virtual events market share in 2025, backed by robust broadband, high software budgets, and a dense vendor ecosystem. U.S. enterprises rapidly bundle event modules into collaboration suites, while Canada’s financial sector leans on compliant cloud hosting. Mexico’s call-center expansion fuels incremental training demand. A second growth pole emerges in Asia-Pacific, projected to compound at 12.45% annually as 1.9 billion 5G connections unlock low-latency streaming. Governments from India to South Korea bankroll digital-service roadmaps, reinforcing cloud uptake. Diverse language landscapes and rising SME digitalization drive demand for AI subtitles and mobile-first apps, widening the virtual events market.

Europe’s regulatory environment, defined by GDPR, prioritizes encryption and sovereign-cloud options, steering procurement toward platforms with robust data-protection pedigrees. Multilingual conference norms elevate AI translation modules. Germany and France host frequent automotive and pharmaceutical summits, while the United Kingdom’s fintech clusters generate steady webinar cadences. South America trails but shows momentum as Brazil accelerates broadband rollout and Argentina’s export tech hubs court foreign investors online. Development-bank schemes channel grants into virtual civic forums, anchoring public-sector uptake.

The Middle East and Africa remain heterogeneous. Saudi Arabia and the United Arab Emirates fund hyperscale data centers under national digital blueprints, spurring enterprise adoption. African markets face bandwidth bottlenecks, yet mobile internet leads many users to engage via low-bitrate streams, prompting vendors to optimize codecs and offline-synced apps. South Africa and Nigeria pilot hybrid trade shows for mining and fintech, respectively, signaling an upward curve for the regional virtual events market.

Virtual Events Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The virtual events market is fragmented, populated by UCaaS giants, purpose-built event platforms, and hyperscale cloud providers. Zoom, Microsoft, and Cisco leverage embedded user bases and bundled pricing to entrench share, limiting churn through identity management and IT policy alignment. Pure-play providers such as Cvent, ON24, and Hopin differentiate on sponsor analytics, white-label design, and audience matchmaking granularity. Meanwhile, hyperscalers like Amazon Web Services and Microsoft Azure provide composable building blocks that corporate developers stitch into bespoke portals, winning contracts in regulated sectors that require sovereign control. Vendor strategies coalesce around generative AI feature rollouts, vertical-specific compliance, and international expansion.

Funding flows illustrate competitive heat. Hopin’s USD 150 million Series D backs Asia-Pacific rollouts, Cvent’s Splash acquisition embeds rich microsite templates, and vFairs collaborates with Meta Quest headsets for XR expo halls. Smaller disruptors, Airmeet, Accelevents, BigMarker, court community-driven creators with revenue-share models and rapid feature cadence, often undercutting incumbents on price. Patent filings in sentiment analysis and blockchain credentialing hint at future moat areas, but commercialization timelines remain fluid.

Buyers react by demanding open APIs and single sign-on compatibility to avoid lock-in, widening the addressable market for integration middleware. White-space persists in healthcare, finance, and public sector, where stringent audits deter less-mature vendors. As platforms converge on core streaming and chat, differentiation shifts to data insights, sponsorship ROI, and immersive presence, forcing continuous innovation to sustain share in the virtual events market.

Virtual Events Industry Leaders

  1. Avaya LLC

  2. 6Connex Inc.

  3. Alive Events Agency Pty Ltd

  4. vFairs LLC

  5. Zoom Video Communications Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Virtual Events Market Concentration
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Recent Industry Developments

  • January 2026: Zoom Video Communications expanded its AI Companion to auto-generate meeting summaries and action items inside its Events suite.
  • December 2025: Microsoft embedded generative AI translation for live events in Teams Premium, covering 40+ languages.
  • November 2025: Cvent acquired Splash for USD 200 million, adding branded microsite and email automation tools.
  • October 2025: Cisco launched Webex Hologram, projecting life-size 3D avatars without headsets.

Table of Contents for Virtual Events Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Industry Supply-Chain Analysis
  • 4.3 Market Drivers
    • 4.3.1 Rapid Adoption of Unified Communications as a Service (UCaaS) and Cloud-Based Collaboration Platforms
    • 4.3.2 Expansion of Remote and Hybrid Work Models Globally
    • 4.3.3 Cost Savings and Extended Reach Versus Physical Events
    • 4.3.4 Growing Acceptance of Immersive VR and XR Experiences for Audience Engagement
    • 4.3.5 Integration of Generative AI for Real-Time Translation and Content Personalization
    • 4.3.6 Carbon-Neutral Event Mandates Driving Virtual Format Adoption in Fortune 500 ESG Strategies
  • 4.4 Market Restraints
    • 4.4.1 Data Security and Privacy Concerns in Large-Scale Online Events
    • 4.4.2 Limited Audience Engagement and Networking Fatigue
    • 4.4.3 Rising Platform Saturation Leading to Vendor Lock-In Risk for Enterprises
    • 4.4.4 Inconsistent Cross-Border Virtual Event Taxation and Compliance Requirements
  • 4.5 Impact of Macroeconomic Factors on the Market
  • 4.6 Regulatory Landscape
  • 4.7 Technological Outlook
  • 4.8 Porter's Five Forces Analysis
    • 4.8.1 Bargaining Power of Suppliers
    • 4.8.2 Bargaining Power of Consumers
    • 4.8.3 Threat of New Entrants
    • 4.8.4 Threat of Substitute Products
    • 4.8.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Platform
    • 5.1.1 Web-Based Platform
    • 5.1.2 XR Platform
    • 5.1.3 Cloud Deployment
    • 5.1.4 On-Premise Deployment
  • 5.2 By Service Type
    • 5.2.1 Communication Services
    • 5.2.2 Recruitment and Networking
    • 5.2.3 Marketing and Promotion
    • 5.2.4 Training and Education
  • 5.3 By Application
    • 5.3.1 Conferences and Summits
    • 5.3.2 Exhibitions / Trade Shows
    • 5.3.3 Product Launches
    • 5.3.4 Other Applications
  • 5.4 By Event Type
    • 5.4.1 Webinar
    • 5.4.2 Virtual Expo / Fairs / Festivals
    • 5.4.3 Entertainment and Festivals
    • 5.4.4 Corporate Meetings
    • 5.4.5 Other Event Types
  • 5.5 By End-User Industry
    • 5.5.1 Educational Institutions
    • 5.5.2 Corporate Enterprises
    • 5.5.3 Government and Public Sector
    • 5.5.4 Other End-User Industries
  • 5.6 By Revenue Source
    • 5.6.1 Sponsorship
    • 5.6.2 Ticket Sale
    • 5.6.3 Other Revenue Sources
  • 5.7 By Geography
    • 5.7.1 North America
    • 5.7.1.1 United States
    • 5.7.1.2 Canada
    • 5.7.1.3 Mexico
    • 5.7.2 South America
    • 5.7.2.1 Brazil
    • 5.7.2.2 Argentina
    • 5.7.2.3 Rest of South America
    • 5.7.3 Europe
    • 5.7.3.1 Germany
    • 5.7.3.2 France
    • 5.7.3.3 United Kingdom
    • 5.7.3.4 Italy
    • 5.7.3.5 Spain
    • 5.7.3.6 Rest of Europe
    • 5.7.4 Asia-Pacific
    • 5.7.4.1 China
    • 5.7.4.2 Japan
    • 5.7.4.3 India
    • 5.7.4.4 South Korea
    • 5.7.4.5 Australia
    • 5.7.4.6 Rest of Asia-Pacific
    • 5.7.5 Middle East and Africa
    • 5.7.5.1 Middle East
    • 5.7.5.1.1 Saudi Arabia
    • 5.7.5.1.2 United Arab Emirates
    • 5.7.5.1.3 Turkey
    • 5.7.5.1.4 Rest of Middle East
    • 5.7.5.2 Africa
    • 5.7.5.2.1 South Africa
    • 5.7.5.2.2 Egypt
    • 5.7.5.2.3 Nigeria
    • 5.7.5.2.4 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 6Connex Inc.
    • 6.4.2 Alive Events Agency Pty Ltd
    • 6.4.3 Zoom Video Communications Inc.
    • 6.4.4 Avaya LLC
    • 6.4.5 vFairs LLC
    • 6.4.6 ALE International SAS
    • 6.4.7 NTT DATA Corporation
    • 6.4.8 Cisco Systems Inc.
    • 6.4.9 Cvent Holding Corp.
    • 6.4.10 EventX Limited
    • 6.4.11 George P. Johnson Experience Marketing Inc.
    • 6.4.12 Airmeet Inc.
    • 6.4.13 Microsoft Corporation
    • 6.4.14 ON24 Inc.
    • 6.4.15 Hopin Ltd.
    • 6.4.16 Accelevents Inc.
    • 6.4.17 BigMarker Holdings Inc.
    • 6.4.18 Stova Inc.
    • 6.4.19 Hubilo Technologies Inc.
    • 6.4.20 Bizzabo Ltd.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
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Global Virtual Events Market Report Scope

Virtual events are gatherings, conferences, meetings, or exhibitions held entirely online or in a digital environment. The market for the study encompasses revenue from the sale of various virtual events, including webinars, live-streamed conferences, virtual trade shows, online workshops, networking sessions, and virtual exhibitions.

The Virtual Events Market Report is Segmented by Platform (Web-Based Platform, XR Platform, Cloud Deployment, and On-Premise Deployment), Service Type (Communication Services, Recruitment and Networking, Marketing and Promotion, and Training and Education), Application (Conferences and Summits, Exhibitions/Trade Shows, Product Launches, and Other Applications), Event Type (Webinar, Virtual Expo/Fairs/Festivals, Entertainment and Festivals, Corporate Meetings, and Other Event Types), End-User Industry (Educational Institutions, Corporate Enterprises, Government and Public Sector, and Other End-User Industries), Revenue Source (Sponsorship, Ticket Sale, and Other Revenue Sources), and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

By Platform
Web-Based Platform
XR Platform
Cloud Deployment
On-Premise Deployment
By Service Type
Communication Services
Recruitment and Networking
Marketing and Promotion
Training and Education
By Application
Conferences and Summits
Exhibitions / Trade Shows
Product Launches
Other Applications
By Event Type
Webinar
Virtual Expo / Fairs / Festivals
Entertainment and Festivals
Corporate Meetings
Other Event Types
By End-User Industry
Educational Institutions
Corporate Enterprises
Government and Public Sector
Other End-User Industries
By Revenue Source
Sponsorship
Ticket Sale
Other Revenue Sources
By Geography
North AmericaUnited States
Canada
Mexico
South AmericaBrazil
Argentina
Rest of South America
EuropeGermany
France
United Kingdom
Italy
Spain
Rest of Europe
Asia-PacificChina
Japan
India
South Korea
Australia
Rest of Asia-Pacific
Middle East and AfricaMiddle EastSaudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
AfricaSouth Africa
Egypt
Nigeria
Rest of Africa
By PlatformWeb-Based Platform
XR Platform
Cloud Deployment
On-Premise Deployment
By Service TypeCommunication Services
Recruitment and Networking
Marketing and Promotion
Training and Education
By ApplicationConferences and Summits
Exhibitions / Trade Shows
Product Launches
Other Applications
By Event TypeWebinar
Virtual Expo / Fairs / Festivals
Entertainment and Festivals
Corporate Meetings
Other Event Types
By End-User IndustryEducational Institutions
Corporate Enterprises
Government and Public Sector
Other End-User Industries
By Revenue SourceSponsorship
Ticket Sale
Other Revenue Sources
By GeographyNorth AmericaUnited States
Canada
Mexico
South AmericaBrazil
Argentina
Rest of South America
EuropeGermany
France
United Kingdom
Italy
Spain
Rest of Europe
Asia-PacificChina
Japan
India
South Korea
Australia
Rest of Asia-Pacific
Middle East and AfricaMiddle EastSaudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
AfricaSouth Africa
Egypt
Nigeria
Rest of Africa
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Key Questions Answered in the Report

What is the current size of the virtual events market?

The virtual events market size reached USD 16.61 billion in 2026 and is on track to surpass USD 27.65 billion by 2031.

Which segment holds the largest virtual events market share?

Web-based platforms led in 2025 with a 48.43% virtual events market share, reflecting widespread browser accessibility.

Which region is growing fastest in virtual events adoption?

Asia-Pacific is forecast to expand at a 12.45% CAGR through 2031, driven by 5G rollouts and government digitalization mandates.

How are companies monetizing virtual events beyond sponsorship?

Organizers now layer tiered ticket sales, premium networking lounges, and on-demand libraries, supporting a 12.22% CAGR in ticket revenue.

What technologies boost engagement in virtual events?

Generative AI for real-time translation, XR environments for immersive demos, and AI matchmaking engines are key engagement drivers.

What is the main restraint facing virtual events platforms?

Heightened data-security and privacy requirements increase compliance costs and slow adoption in regulated industries.

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