With virtual events looking to exceed $400 billion by 2027, you might be wondering whether it’s worth jumping on board and developing your own event strategy. While some virtual attendees and businesses might be awaiting the return of the physical event, it seems like virtual events are here to stay. After all, they offer many opportunities for both large and small businesses. In this post, the focus will be on virtual events and the benefits they can bring to your business.
Key Virtual Event Stats 2023
Virtual Event Preparation Statistics
Virtual Event Promotion Statistics
Virtual Event Success and Challenges Statistics
Virtual Event Audience Engagement Statistics
Virtual Event Financial Statistics
Virtual Event Investment Statistics
Event Sponsorship Statistics
Event ROI Statistics
Virtual Events Sustainability Statistics
Event Industry Statistics
B2B Event Industry Statistics
Virtual Event Software and Technology Event Statistics
Commercial and Professional Services Event Statistics
Media Event Statistics
Hybrid Event Statistics
Virtual Events Forecast Statistics
What is the average no-show rate for virtual events?
The average no-show percentage of virtual events is 35%.
How long should a virtual event be?
A virtual event should last between two and four hours, but anything up to a five-hour duration works well for engagement.
What percentage of virtual event costs come from technology?
The biggest expense for a virtual event is technology, which can be as much as 75%.
What’s the market size of virtual events platform vendors?
According to Verified Market Research, the Global Virtual Events Market Platform size was valued at $9.03 billion in 2020.
Conclusion
Now you’ve got some insight into the best way to set up your virtual events. You’re probably raring to go. There are several types of events to choose from, such as a virtual job fair, webinars, virtual event marketing summits, and even standup comedy sessions. But one common factor is that they look set to play a significant role, both on their own and as part of a hybrid event approach. To help compile this list of virtual event statistics, we used the following resources:
Statista Eventtus Markletic LAI Live Drift Bizzabo Personify StreamGo Cvent PR Newswire
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