The Evolving Virtual Event Market in Recent Times

JAIPUR, India - Jan. 8, 2022 - PRLog -- The pandemic certainly has taken a lot away, but it has also made the world grow and learn for a better future the hard way. The concept of hosting events virtually was a bizarre idea in the beginning. However, it became a necessity as the pandemic took over and as organizing many significant events could not be ignored by the organizations. The concept became extremely useful as the world began to accept its effectiveness.

Latest Virtual Event Market Statistics

As analyzed by various institutions, the pandemic turned out to be a boon for the virtual events market. It is so because businesses from around the world had to shift to the virtual medium of communication irrespective of their preferences. According to a global virtual event market analysis report (2021-2028); "The global virtual events market size is estimated to reach USD 504.76 billion by 2028, recording an estimated CAGR of 23.7% from 2021 to 2028."

According to the same report, a notable rise in business events and the use of virtual infrastructure, and services by global organizations to host meetings & other events is expected to maintain the inclined growth of the virtual events market. Another significant statistic to note as mentioned in the report is, "The Asia Pacific region is expected to register the fastest CAGR of over 26.0% from 2021 to 2028."

Key Industry Players that Witnessed Inclined Growth in the Market

While the market was packed with various virtual event companies, a few saw matchless success. Here are the top 2 platforms that maintained a constant growth rate throughout.

#1 Dreamcast- With more than ten years of experience in the industry, Dreamcast has radiated excellence throughout its journey. It is a comprehensive virtual event suite solution that provides all-in-one services with in-house facilities. Apart from virtual events, Dreamcast also excels in providing hybrid events, and live streaming solutions. Mentioned below are some of the best & most innovative tools rendered by the platform:
- Excellent customer support
- Safe & secure platform
- Audio-based notifications
- Complete customization

#2 Hubilo- Hubilo is yet another excellent platform that promotes audience engagement & event perfection. The platform also provides a complete full-time customer support team to ensure a smooth event. Here are some of the best features of Hubilo:
- Performance & reliability
- Event marketing
- Interactivity
- Session scheduling

The sphere of virtual events is indeed changing the way we perceive the idea of hosting events. And, it for sure has a bright future ahead in the market.

Visit: https://dreamcast.co