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In particular, ABPCO has achieved a 13% increase in PCO members, bringing the total to 155, a significant step towards its goal of 200 members by 2027. Revenue Increase: A boost in revenue to £137K, fuelled by expanded membership and enhanced sponsorship and partnerships across its event portfolio.
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%. The global virtual events market size valued at $77.98B in 2019 is expected to grow at a CAGR rate of 23.2% People are also more interested in virtual events.
per year until 2027. Live music sponsorship will total £420m, while overall ticket sales will total £1.2bn. rise until 2027 will mean that live music revenue reaches a total of £1.95bn, a 27% increase on the figure from 2019, while ticket sales will reach 1.43bn and sponsorships will reach £527m by 2027.
And by 2027 it is projected to be more than $100 billion. 87% of event organizers are of the opinion that virtual events generate successful revenue, networking, and sponsorship opportunities, according to a survey by Markletic. In 2016, the US virtual events market size was $17.7 And this is not a US-only phenomenon, but a global one.
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