Virtual events market forecast reaches $1.39 trillion by 2035
The virtual events industry market is projected to generate between $392.10 billion and $1,388.4 billion from 2024 to 2035. This growth is attributed to globalization and the increased demand for communication solutions driven by remote work. The article forecasts a substantial market expansion over the next decade.
Key Takeaways
- Projected virtual events market size ranges from $392.10 billion to $1,388.4 billion over 2024-2035.
- Globalization is cited as a driver of virtual events adoption.
- Remote work has increased demand for efficient communication solutions.
- The article frames virtual events as part of the broader video streaming and delivery platform market.
Why It Matters
The immediate implication is that virtual events are moving from a niche use case into a very large addressable market, with the forecast spanning $392.10 billion to $1,388.4 billion from 2024 to 2035. The article ties that growth to globalization and remote work, which makes communication infrastructure more central to how distributed teams and audiences connect. For StreamingMeme readers, the key signal is the size of the projected market range itself: $1,388.4 billion at the top end by 2035.
Read full article at lincolnjournal.com
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