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In the end, the global tradeshow, which according to organizers was cut a day short as “an additional safety measure,” drew 40,000 attendees. It was a far cry from the 171,000 who showed up in 2020, making it a disappointing turn of events for a show that tends to serve as an industry health-check. SK TELECOM.
Virtual events offer convenience, cost savings, flexibility, and far fewer overheads and logistics to manage. They are a great option for various types of events, from conferences and tradeshows to networking sessions and webinars. With the right technology, the organization process can be easy and hassle-free.
billion by 2030.” This growth brings both ample opportunities and new challenges as planners work to accommodate an influx of attendees while booking, planning and executing events. Respondents also confirm the importance of tradeshows, exhibitions and conferences.
From improving personalisation to automating logistical processes, this technology is redefining the way events are planned and executed. According to a recent report, the global market for artificial intelligence solutions in events will reach $2.9 billion by 2030. No technical skill is required at all.
The pandemic served to make sustainability more of an imperative for events,” Hansen told Convene. During COVID, people tried virtual tradeshows and organizers saw revenue streams rapidly disappearing if that became the way of business going forward. If it’s a tradeshow, there’s a lot of stuff that moves in and out.
Undoubtedly, the global virtual events market will play an important role in this process, as it’s the fastest-growing industry vertical. In fact, Grand View Research indicates that the virtual events market is outpacing the rest of the industry, soaring at an impressive CAGR of 21.4% between 2022 to 2030.
Consider the fact that the global events industry was officially added, as of last fall, as a partner in the United Nations’ drive to reach SDGs by 2030. But that is changing fast. Just look at Amazon, which popularized individually tailored product recommendations and the personalized homepage.
Consider the fact that the global events industry was officially added, as of last fall, as a partner in the United Nations’ drive to reach SDGs by 2030. But that is changing fast. Just look at Amazon, which popularized individually tailored product recommendations and the personalized homepage.
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