MICE, Travel & Hospitality Indirect · Indirect
Monitoring · monthlyProcurement Category Intelligence
Virtual Event Platforms
Overview
Market size
$11.5B
global, USD
CAGR
12.4%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity
Market outlook
2031$20.6B
What changed
Demand by region
North America demand40%
Europe demand25%
Asia Pacific demand20%
Rest of world demand15%
share of global demandtotal 100%
Cost drivers
Software Development and Engineering35%
Cloud Infrastructure and Hosting25%
Customer Support and Account Management15%
Sales and Marketing15%
Third Party API Integrations and Licensing10%
share of delivered cost (analyst estimate)