Virtual Events Market Insight

Here are some interesting facts about the future of the virtual events market. The whole article is available here: http://www.virtualedgeinstitute.com/2013/01/virtual-events-market-insight/

“TechNavio, an independent market research company, conducted research study on the global virtual events market. The aim of the study was to assess the market opportunity and to spotlight the opportunities and challenges the industry faces. TechNavio conducted interviews with industry experts and prepared Global Virtual Events Market 2012-2016 report based on an in-depth market analysis.The report revealed that virtual events is a fast-growing emerging market and forecasted that the market will grow at a compound annual growth rate of 53.10 percent from 2012 to 2016.

It concludes that the market for virtual events is poised for a new phase of growth as virtual events enables organizations to extend their reach, cut down costs as well as boosts registrations of physical events. One of the key findings is that hybrid events are also gaining momentum but lack of proper marketing objectives could be the main barrier to its development.

The Global Virtual Events Market 2012-2016 report can be downloaded from TechNavio website: http://goo.gl/q9v5s

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