Virtual Event Platforms: Market Size & Forecast 2026

The global virtual event platform market sits at approximately USD 11.5 billion in 2025 (base year), expanding at a 12.4% CAGR through 2032 to a forecast endpoint of approximately USD 26.0 billion. The category is structurally balanced between enterprise-suite consolidation (Cvent, Zoom, Microsoft) absorbing niche virtual event specialists and a sustained shift by corporate buyers toward per-attendee plus platform hybrid pricing. Buyer Power Score of -1.8, supplier-favoring, reflects concentrated platform-tier supply, multi-year switching friction for embedded customers, and persistent EU AI Act compliance overhead that disfavours smaller challengers. > **Analyst Take. Our view: the December 2027 EU AI Act high-risk deadline is the single most under-appreciated inflection. Buyers running matchmaking, automated transcription, or AI-driven content moderation on a platform that has not form

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