NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global virtual events market size is estimated to grow by USD 539.5 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 26.1% during the forecast period. Rise in number of corporate events is driving market growth, with a trend towards growing popularity of virtual events in education. However, emerging threat from open-source virtual events solutions poses a challenge. Key market players include 8×8 Inc., Active Network LLC, Adobe Inc., ALE International, Atlassian Corp Plc, Avaya LLC, Aventri Inc., Bizzabo, Cadence Design Systems Inc., Cisco Systems Inc., Cvent Holding Corp., EventX Ltd., Huawei Technologies Co. Ltd., Hubb, International Business Machines Corp., Microsoft Corp., Mitel Networks Corp., Toshiba Corp., Ungerboeck, and Zoom Video Communications Inc..
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