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Europe Virtual Event Software Market

2021

Europe Virtual Event Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Solution (Software and Services), Enterprise Size (SMEs and Large Enterprises), and End-User (Trade Show Organizers, Event Management Agencies, Corporates, Academic Organizations, and Others)

Publication Month: Oct 2021 | Report Code: TIPRE00025354 | No. of Pages: 109 | Category: Technology, Media and Telecommunications | Status: Published

Market Insights

Europe Virtual Event Software Market to Grow at a CAGR of 12.0% to reach US$ 6,311.77 million Million from 2021 to 2028

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The virtual event software market in Europe is expected to grow from US$ 2,854.47 million in 2021 to US$ 6,311.77 million by 2028; it is estimated to grow at a CAGR of 12.0% from 2021 to 2028.


The in-person host event industry has experienced a disruption in face-to-face networking, live events, and buzz of an exhibition events owing to COVID-19. This disruption has triggered the scope of virtual events and is expanding across the globe. Therefore, factors such as, Flexible ticketing and smaller micro events are reshaping the event industry and especially virtual events. It has been observed that even in 2021, approximately 90% of event professionals are aiming to invest in virtual events from moving forward. Additionally, around 80% of event organizers/planners are looking ahead to use virtual event and persist with a potential to reach wider group of audience through virtual events. In addition, over 60% of event professionals has turned a physical event into a virtual one owing to COVID-19. Thus, companies like Cvent, Aventri, Ubivent, and Pathable, Inc. are offering advanced virtual event software to help organizers/planners/corporates manage their events successfully.

The impact of COVID-19 varied from country to country across the European region, as selected countries witnessed a surge in number of confirmed cases and subsequently attracted stringent as well as longer lockdown period or social isolation. However, western European countries such as Germany, France, Russia, the United Kingdom, and other owing to robust healthcare infrastructure have witnessed a comparatively moderate decline in their production activities. The European economy is expected to shrink by 0.1%, with negative growth rate in first half of the year 2020, followed by mild recovery in the second-half of 2020. Countries such as UK, Italy, and Germany are expected to have bigger impact on the economy. The imbalance in revenue generation of the companies and the lockdown phase in several European countries will have the significant negative impact on the virtual event software market in the first half of year 2020. Online meetings might lack many of the benefits of an in-person conference: conversations over dinner; and face-to-face networking but in this pandemic situation companies have no option other than doing virtual meetings. The pandemic does not cause a huge impact on virtual event software market. However, the market is expected to have significant growth in forecast period. Thus, the overall impact of COVID-19 on the European region is low to moderate.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe virtual event software market. The Europe virtual event software market is expected to grow at a good CAGR during the forecast period.

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Europe Virtual Event Software Market Segmentation

Europe Virtual Event Software Market – By Solution

  • Software
  • Services

Europe Virtual Event Software Market – By Enterprise Size

  • SMEs
  • Large Enterprises

Europe Virtual Event Software Market – By End-User

  • Trade Show Organizers
  • Event Management Agencies
  • Corporates
  • Academic Organizations
  • Others

Europe Virtual Event Software Market – By Country

  • Germany
  • France
  • Italy
  • Russia
  • UK
  • Rest of Europe

Europe Virtual Event Software Market – Companies Mentioned

  • Hopin
  • InEvent Inc.
  • Pathable, Inc.
  • Hubilo Technologies Inc.
  • ubivent
  • Cvent Inc.
  • Whova Inc
  • EventMobi

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Virtual Event Software – Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe Virtual Event Software Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Advanced inclination toward virtual events

5.1.2 Elevating application of virtual events by planners

5.2 Key Market Restraints

5.2.1 Growing threat of data protection

5.3 Key Market Opportunities

5.3.1 Launching live streaming feature and rising concept of hybrid events

5.4 Future Trends

5.4.1 Origination of advanced technologies

5.5 Impact Analysis of Drivers and Restraints

6. Europe Virtual Event Software – Market Analysis

6.1 Europe Virtual Event Software Market Overview

6.2 Europe Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

7. Europe Virtual Event Software Market Analysis – By Solution

7.1 Overview

7.2 Europe: Virtual Event Software Market- by Solution

7.3 Software

7.3.1 Overview

7.3.2 Software: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Services

7.4.1 Overview

7.4.2 Services: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

8. Europe Virtual Event Software Market – By Enterprise Size

8.1 Overview

8.2 Europe: Virtual Event Software Market- By Enterprise Size

8.3 SMEs

8.3.1 Overview

8.3.2 SMEs: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Large Enterprises

8.4.1 Overview

8.4.2 Large Enterprises: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

9. Europe Virtual Event Software Market – By End-User

9.1 Overview

9.1.1 Europe: Virtual Event Software Market- By End-user

9.2 Trade Show Organizers

9.2.1 Overview

9.2.2 Trade Show Organizers: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

9.3 Event Management Agencies

9.3.1 Overview

9.3.2 Event Management Agencies: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Corporates

9.4.1 Overview

9.4.2 Corporates: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Academic Organizations

9.5.1 Overview

9.5.2 Academic Organizations: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Other End-Users

9.6.1 Overview

9.6.2 Other End-Users: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

10. Europe Virtual Event Software Market – Country Analysis

10.1 Overview

10.1.1 Europe: Virtual Event Software Market- by Key Country

10.1.1.1 Germany: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Germany: Virtual Event Software Market- by Solution

10.1.1.1.2 Germany: Virtual Event Software Market- By Enterprise Size

10.1.1.1.3 Germany: Virtual Event Software Market- By End-user

10.1.1.2 France: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 France: Virtual Event Software Market- by Solution

10.1.1.2.2 France: Virtual Event Software Market- By Enterprise Size

10.1.1.2.3 France: Virtual Event Software Market- By End-user

10.1.1.3 Italy: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Italy: Virtual Event Software Market- by Solution

10.1.1.3.2 Italy: Virtual Event Software Market- By Enterprise Size

10.1.1.3.3 Italy: Virtual Event Software Market- By End-user

10.1.1.4 UK: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 UK: Virtual Event Software Market- by Solution

10.1.1.4.2 UK: Virtual Event Software Market- By Enterprise Size

10.1.1.4.3 UK: Virtual Event Software Market- By End-user

10.1.1.5 Russia: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Russia: Virtual Event Software Market- by Solution

10.1.1.5.2 Russia: Virtual Event Software Market- By Enterprise Size

10.1.1.5.3 Russia: Virtual Event Software Market- By End-user

10.1.1.6 Rest of Europe: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of Europe: Virtual Event Software Market- by Solution

10.1.1.6.2 Rest of Europe: Virtual Event Software Market- By Enterprise Size

10.1.1.6.3 Rest of Europe: Virtual Event Software Market- By End-user

11. Europe Virtual Event Software Market – COVID-19 Impact Analysis

11.1 Overview

12. Europe Virtual Event Software Market – Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Merger and Acquisition

12.4 New Product Launch

13. Company Profiles

13.1 Cvent Inc.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 EventMobi (5Touch Solution Inc.)

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Hopin

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 InEvent Inc.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Pathable, Inc

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Hubilo Technologies Inc.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 ubivent

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Whova Inc.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index


LIST OF TABLES

Table 1. Germany: Virtual Event Software Market- by Solution –Revenue and Forecast to 2028 (US$ Million)

Table 2. Germany: Virtual Event Software Market- By Enterprise Size–Revenue and Forecast to 2028 (US$ Million)

Table 3. Germany: Virtual Event Software Market- By End-user –Revenue and Forecast to 2028 (US$ Million)

Table 4. France: Virtual Event Software Market- by Solution –Revenue and Forecast to 2028 (US$ Million)

Table 5. France: Virtual Event Software Market- By Enterprise Size–Revenue and Forecast to 2028 (US$ Million)

Table 6. France: Virtual Event Software Market- By End-user –Revenue and Forecast to 2028 (US$ Million)

Table 7. Italy: Virtual Event Software Market- by Solution –Revenue and Forecast to 2028 (US$ Million)

Table 8. Italy: Virtual Event Software Market- By Enterprise Size–Revenue and Forecast to 2028 (US$ Million)

Table 9. Italy: Virtual Event Software Market- By End-user –Revenue and Forecast to 2028 (US$ Million)

Table 10. UK: Virtual Event Software Market- by Solution –Revenue and Forecast to 2028 (US$ Million)

Table 11. UK: Virtual Event Software Market- By Enterprise Size–Revenue and Forecast to 2028 (US$ Million)

Table 12. UK: Virtual Event Software Market- By End-user –Revenue and Forecast to 2028 (US$ Million)

Table 13. Russia: Virtual Event Software Market- by Solution –Revenue and Forecast to 2028 (US$ Million)

Table 14. Russia: Virtual Event Software Market- By Enterprise Size–Revenue and Forecast to 2028 (US$ Million)

Table 15. Russia: Virtual Event Software Market- By End-user –Revenue and Forecast to 2028 (US$ Million)

Table 16. Rest of Europe: Virtual Event Software Market- by Solution –Revenue and Forecast to 2028 (US$ Million)

Table 17. Rest of Europe: Virtual Event Software Market- By Enterprise Size–Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest of Europe: Virtual Event Software Market- By End-user –Revenue and Forecast to 2028 (US$ Million)

Table 19. List of Abbreviation


LIST OF FIGURES

Figure 1. Virtual Event Software Market Segmentation

Figure 2. Europe Virtual Event Software Market Segmentation – By Country

Figure 3. Europe Virtual Event Software Market Overview

Figure 4. Software Segment Held the Largest Market Share in 2020

Figure 5. Large Enterprises Segment Held the Largest Market Share in 2020

Figure 6. Trade Show Organizers End-user Held the Largest Market Share in 2020

Figure 7. Germany was the Largest Revenue Contributor in 2020

Figure 8. Europe – PEST Analysis

Figure 9. Virtual Event Software Market– Ecosystem Analysis

Figure 10. Expert Opinion

Figure 11. Europe virtual event software market: Impact Analysis of Drivers and Restraints

Figure 12. Europe Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Europe: Virtual Event Software Market Revenue Share, By Solution (2020 and 2028)

Figure 14. Software: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. Services: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Europe: Virtual Event Software Market Revenue Share, By Enterprise Size (2020 and 2028)

Figure 17. SMEs: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Large Enterprises: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. Europe: Virtual Event Software Market Revenue Share, By End-user (2020 and 2028)

Figure 20. Trade Show Organizers: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Event Management Agencies: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Corporates: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Academic Organizations: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Other End-Users: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Geographic Overview of Virtual Event Software Market

Figure 26. Europe: Virtual Event Software Market Revenue Share, By Key Country (2020 and 2028)

Figure 27. Germany: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. France: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Italy: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. UK: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. Russia: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Rest of Europe: Virtual Event Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Impact of COVID-19 Pandemic in Europe

  1. Hopin         
  2. InEvent Inc.                        
  3. Pathable, Inc.                      
  4. Hubilo Technologies Inc.  
  5. ubivent   
  6. Cvent Inc.                           
  7. Whova Inc                          
  8. EventMobi          
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe virtual event software market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe virtual event software market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the virtual event software market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution  
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