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The global virtual events market size valued at $77.98B in 2019 is expected to grow at a CAGR rate of 23.2% from 2020 to 2027. Rethink The Monetisation Or Sponsorship Models 80% of virtual events are free or almost free. Since the pandemic, virtual events increased by ~1000%. People are also more interested in virtual events.
per year until 2027. Elsewhere, PwC predicts that the UK live music market will generate £1.63bn in 2023, compared to the £1.54bn from 2019. Live music sponsorship will total £420m, while overall ticket sales will total £1.2bn. Photo: Sascha Hormel / Pexels.com PwC said that the 7.4% Got a question you need an answer to?
Virtual is the new reality for project kickoffs, annual board meetings, marketing summits, team huddles, and so many other use cases that have become normalized in global business culture in our digitally transformed world. “We In 2016, the US virtual events market size was $17.7 Virtual Events: The New Normal of the Events Industry.
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