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Virtual Events Market size is set to grow by USD 558.9 million from 2024-2028, Rise in number of corporate events boost the market, Technavio

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NEW YORK, June 25, 2024 /PRNewswire/ — The global virtual events market size is estimated to grow by USD 558.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  30.25%  during the forecast period. Rise in number of corporate events is driving market growth, with a trend towards growing popularity of virtual events in education. However, emerging threat from open-source virtual events solutions  poses a challenge. Key market players include 8×8 Inc., Active Network LLC, Adobe Inc., ALE International, Atlassian Corp. Plc, Avaya LLC, Aventri Inc., Bizzabo, Cadence Design Systems Inc., Cisco Systems Inc., Cvent Holding Corp., EventX Ltd., Huawei Technologies Co. Ltd., Hubb, International Business Machines Corp., Microsoft Corp., Mitel Networks Corp., Toshiba Corp., Ungerboeck, and Zoom Video Communications Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Virtual Events Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 30.25%

Market growth 2024-2028

USD 558.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

23.32

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 29%

Key countries

US, China, Germany, Japan, and UK

Key companies profiled

8×8 Inc., Active Network LLC, Adobe Inc., ALE International, Atlassian Corp. Plc, Avaya LLC, Aventri Inc., Bizzabo, Cadence Design Systems Inc., Cisco Systems Inc., Cvent Holding Corp., EventX Ltd., Huawei Technologies Co. Ltd., Hubb, International Business Machines Corp., Microsoft Corp., Mitel Networks Corp., Toshiba Corp., Ungerboeck, and Zoom Video Communications Inc.

Market Driver

Virtual events are gaining popularity in traditional educational institutions, offering students flexible learning opportunities. These events provide access to qualified instructors, reducing expenses and enhancing knowledge. Virtual events employ game dynamics to boost student engagement and develop time management skills. Conferencing facilitates real-time interactions between students and faculty, while social media integration fosters connections. Online classes, such as those offered by Cisco WebEx Training Center, offer high-definition video for face-to-face interaction and collaborative learning experiences. These factors are expected to fuel the growth of the global virtual events market. 

The virtual events market is experiencing significant growth with the adoption of technology for conferencing and networking. Advanced video conferencing platforms enable interactive sessions, live polls, and virtual exhibitions. The trend towards remote work and social distancing measures have accelerated this shift. Companies are investing in customizable event solutions, providing engaging experiences for attendees. Decision-making tools and analytics help event organizers measure success and optimize future events. The convenience and cost savings of virtual events make them an attractive alternative to traditional in-person events. The future of events is digital, with continued innovation and improvement in technology driving the market forward. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

Open-source virtual events pose a significant challenge to the commercial virtual events market. Micro and small-scale enterprises and individual users prefer these freely available solutions due to their cost-effectiveness. Basic features of proprietary virtual events are replicated in most open-source alternatives. This trend is hindering the growth of the global virtual events market, particularly for small-scale events. Open-source software’s accessibility across all platforms further intensifies the competition.The virtual events market has seen significant growth due to the ongoing pandemic. However, it presents unique challenges. Real-time interaction and engagement are crucial for success. Augmented reality and virtual reality technologies can enhance the experience but require considerable investment. Technical issues, such as connectivity and bandwidth, can disrupt events. The lack of physical presence limits networking opportunities. Sponsorships and advertising revenues are also uncertain. Collaboration and innovation are essential to overcome these challenges and provide valuable experiences for attendees.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This virtual events market report extensively covers market segmentation by  

Application 1.1 UC and C and video conferencing1.2 Web conferencingType 2.1 Webinar2.2 Conference2.3 Virtual expo fairs and festivals2.4 EntertainmentGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 UC and C and video conferencing-  The virtual events market is experiencing significant growth as businesses adapt to the new normal. Companies are turning to virtual platforms to host conferences, product launches, and training sessions. This shift offers cost savings, increased accessibility, and the ability to reach a global audience. Virtual events provide a professional and engaging experience, allowing attendees to network and interact with each other in real-time. Companies can measure attendance, engagement, and ROI through analytics tools, making virtual events an effective marketing strategy.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Virtual Events Market has experienced significant growth in various sectors, including Retail & e-commerce, Healthcare, Manufacturing, Construction, Academic institutions, and the Virtual events industry itself. With the implementation of Work-From-Home (WFH) policies and lockdowns due to Coronavirus, digitally simulated events have become the new norm for Sales meetings, Job fairs, Summits, Exhibitions, and Trade shows. Modern technologies, such as artificial intelligence (AI) and networking solutions, have played a crucial role in facilitating seamless business proceedings and maintaining connectivity networks for employees and resources. However, the shift to virtual events has also brought new challenges, including cyberattacks and ensuring secure and reliable workflows. Despite these hurdles, the adoption of virtual events is here to stay, transforming the way we conduct business in the post-pandemic world.

Market Research Overview

The Virtual Events Market has experienced significant growth due to the ongoing global health crisis. This shift towards virtual events is driven by the need for social distancing and the convenience they offer. Virtual events encompass a wide range of activities, including conferences, seminars, product launches, and networking events. They offer various features such as live streaming, on-demand access, interactive sessions, and virtual exhibitions. The market is expected to continue growing as technology advances and businesses recognize the benefits of virtual events. Virtual events provide cost savings, increased accessibility, and the ability to reach a global audience. They also offer valuable data and analytics, enabling organizations to measure engagement and ROI. The market is segmented based on type, application, and region. Types include webinars, virtual conferences, and hybrid events. Applications include corporate training, product launches, and educational events. Regions include North America, Europe, Asia-Pacific, and the Middle East and Africa.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationUC And C And Video ConferencingWeb ConferencingTypeWebinarConferenceVirtual Expo Fairs And FestivalsEntertainmentGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Cyble Unveils Cyble Titan – Next-Gen Endpoint Security Built into Its AI-Native Security Cloud

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CUPERTINO, Calif., May 19, 2025 /PRNewswire/ — Cyble, a global leader in AI-powered cyber threat intelligence and security solutions, has announced the launch of Cyble Titan, its next-generation Endpoint Security. Designed to meet the evolving threat landscape, Cyble Titan integrates seamlessly into the Cyble’s AI-Native Security Cloud, bringing together asset visibility, intelligence-led detection, and automated incident response in a unified solution.

Unlike traditional endpoint security tools that focus solely on detection and alerts, Cyble Titan is built for modern security teams who demand both context and action. Cyble Titan is powered by native threat intelligence from Cyble Vision, allowing defenders to proactively anticipate, prioritize, and neutralize threats—before they cause damage.

“With Cyble Titan, we’re moving beyond legacy EDR into a new era of intelligent, autonomous endpoint protection,” said Beenu Arora, Co-Founder and CEO of Cyble. “By fusing threat intelligence with endpoint telemetry, we’re enabling organizations to not only see what’s happening on their endpoints—but understand why it matters, and respond instantly.”

Key Capabilities of Cyble Titan:

Real-Time Visibility Across All Endpoints: Instantly discover, fingerprint, and classify endpoints—across cloud, on-prem, and hybrid environments.Threat Intelligence-Native Detection & Response: Enriched by Cyble Vision’s intelligence on IOCs, TTPs, malware families, and adversary infrastructure.Unified Management Console: A single pane of glass to manage assets, policies, incidents, and response workflows.Autonomous Response Actions: Kill processes, isolate hosts, quarantine files, and auto-triage incidents with built-in logic and sandboxing.Lightweight Agent, Heavyweight Protection: Optimized for performance without compromising on depth of telemetry or speed of action.

Whether protecting corporate laptops, cloud workloads, or mission-critical servers, Cyble Titan adapts to each organization’s environment and risk profile—empowering defenders to stay one step ahead of cyber adversaries.

Cyble Titan is available for enterprises, MSSPs, and government agencies worldwide.

To schedule a personalized demo, visit https://cyble.com/demo.

About Cyble

Cyble is a leading global cybersecurity company that empowers organizations with real-time threat intelligence, digital risk monitoring, and AI-driven cyber defense. Through platforms like Cyble Vision, Cyble Hawk, and now Cyble Titan, the company helps customers reduce risk, stay ahead of emerging threats, and build cyber resilience across the digital landscape. Cyble is recognized by Forrester, Gartner, and G2 as a trusted innovator in cyber threat intelligence and attack surface management.

To learn more, visit www.cyble.com.

Logo: https://mma.prnewswire.com/media/2470747/Cyble_Inc_New_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/cyble-unveils-cyble-titan–next-gen-endpoint-security-built-into-its-ai-native-security-cloud-302457893.html

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Agoda Spotlights Lantern Festivals Across Asia to Brighten the Year

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SINGAPORE, May 19, 2025 /PRNewswire/ — Digital travel platform Agoda is shining a light on some of Asia’s most enchanting lantern festivals coming up in the remainder of the year. These lantern festivals are unmissable for travelers eager to immerse themselves in culture and dazzling light-filled celebrations. 

Lantern festivals have long been a favorite for travelers, offering a unique blend of tradition, artistry, and community spirit. For those who marveled at earlier festivals this year, like China’s Spring Lantern Festival or Taiwan’s PingXi Lantern Festival, there’s good news—there are still plenty of opportunities to catch more lantern-lit magic in the months ahead. 

Monthly: Hoi An Lantern Festival, Vietnam 

Hoi An’s Lantern Festival transforms this charming riverside town into a glowing wonderland every full moon. Visitors can expect the streets to be bathed in the warm glow of colorful lanterns, while the Thu Bon River sparkles with floating lights. This monthly celebration is a tribute to Vietnam’s rich heritage, offering travelers a chance to release their own lanterns and make a wish. The festival’s intimate atmosphere and timeless beauty make it a must-see for those seeking a serene yet magical experience. 

August 2025: Nara Tokae Lantern Festival and Obon Festival, Japan 

August in Japan is a double delight for lantern lovers. The Nara Tokae Lantern Festival lights up the historic city of Nara with thousands of candle-lit paper lanterns, creating a captivating illumination amidst ancient temples and deer-filled parks. Meanwhile, the Obon Festival, celebrated nationwide, honors ancestors with floating lanterns and traditional dances. Together, these festivals offer a harmonious blend of reflection, celebration, and cultural immersion. 

October 2025: Mid-Autumn Festival, China 

China’s Mid-Autumn Festival, celebrated on the 15th day of the eighth lunar month, is a time for family reunions and moonlit festivities. Lantern displays take center stage, with intricate designs ranging from mythical creatures to modern art. Cities like Beijing and Shanghai host grand celebrations, but smaller towns also offer a more intimate charm. Mooncakes, storytelling, and lantern parades make this festival a feast for the senses and the soul. 

November 2025: Yi Peng and Loy Krathong Festival, Chiang Mai, Thailand 

Chiang Mai’s Yi Peng and Loy Krathong Festival is a breathtaking spectacle of light and water. Thousands of lanterns are released into the sky, while floating krathongs (decorative baskets) are set adrift on rivers. This dual celebration symbolizes letting go of misfortunes and welcoming good luck. The sight of illuminated lanterns ascending into the night sky is a memory that will linger long after the festival ends. 

December 2025: Giant Lantern Festival, Philippines  

The Giant Lantern Festival in San Fernando, Philippines, is a dazzling display of craftsmanship and community spirit. Known as the “Christmas Capital of the Philippines,” San Fernando showcases massive, intricately designed lanterns that light up the night in a kaleidoscope of colors. This festival is a testament to Filipino creativity and a joyful way to usher in the holiday season. 

Krishna Rathi, Senior Country Director at Agoda, said, “Lantern festivals are more than just a visual treat; they’re a window into the heart of a culture. Agoda is here to help travelers experience the magic firsthand and make their journeys as seamless as possible. Whether you’re floating a lantern in Hoi An or Chiang Mai, Agoda’s got your travel plans covered.”

With over 5 million holiday properties, 130,000 flight routes, and 300,000 activities to choose from, Agoda makes it easy to plan a lantern-lit adventure. Visit  Agoda.com and find the best deals on the Agoda mobile app. 

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SOURCE Agoda

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Unlock the Power of Smart Warehousing with SSI Schaefer at the Vietnam Warehousing & Automation Show 2025

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Gain insights on how to achieve success in building resilient cold storage warehouses from intralogistics expertsSee the capabilities of the SSI LOGIMAT® smart storage-and-retrieval solution in action

HO CHI MINH CITY, Vietnam, May 19, 2025 /PRNewswire/ — SSI Schaefer, a global leader in intralogistics and automated warehouses, today announced its participation at Vietnam Warehousing & Automation Show 2025 (VWA 2025) in Binh Duong New City from May 21 to 23, 2025 (Booth 2, Hall A, World Trade Center). During the event, the company will showcase smart warehouse automation solutions through live demonstrations and offer expert insights into cold chain intralogistics on the conference stage.

Visitors can view a live demonstration of SSI Schaefer’s vertical lift module SSI LOGIMAT®. As simple as a plug-and-play solution, the SSI LOGIMAT® allows businesses to optimize warehouse space and improve picking accuracy for small to medium-sized goods.

Sean Lim, Country Head at SSI Schaefer Singapore and Head of Export Market Asia said, “Setting our customers up for success in their warehouse operations is our utmost priority at SSI Schaefer. There are enormous opportunities for companies of all sizes to tap into warehouse automation to meet the growing demand for logistics in Vietnam. With a track record of providing innovative and reliable intralogistics solutions, we are committed to ensuring that our customers retain their competitive edge and stay ahead of the curve.”

Schedule a consultation session here.

Learn Strategies for Cold Storage Warehouses

At VWA 2025, Carsten Spiegelberg, Head of Logistics Solutions at SSI Schaefer Asia & MEA, will share strategies that companies can utilize when building a cold storage warehouse. The session will help the audience gain a clearer understanding of the investment required for a cold storage warehouse and the industry’s best practices.

Date and Time

Topic

Speaker

May 22, 10:00 – 10:45

Taking Your First Step into Cold Storage Automation

Carsten Spiegelberg, Managing Director, MEA and Head of Logistics Solutions, Asia & MEA

Register for the conference here.

SSI Schaefer empowers small and medium-sized enterprises (SMEs) to embark on warehouse automation through efficient, flexible, and scalable solutions.

In partnership with Roto-Trust Horse, a member of the SSI Schaefer Network of Distributors, both companies will work closely to deliver a complete suite of intralogistics solutions to support Vietnam’s burgeoning logistics sector.

About SSI Schaefer

The SSI Schaefer Group is a leading global solution provider for all areas of intralogistics. By leveraging innovative technologies, the Group empowers companies to increase the efficiency and sustainability of their material flow processes through offering cost-effective end-to-end intralogistics solutions. Additionally, the Group is one of the largest software vendors for internal material flow, providing sustainable resource management within warehouses.

Headquartered in Neunkirchen, Germany, SSI Schaefer has about 80 operating companies and seven production sites worldwide.

 

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SOURCE SSI Schaefer

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