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UK and Ireland Virtual Event Market is Expected to Develop at a CAGR of 13.3% During 2021-2027
The UK and Ireland virtual event market size was valued at $3.1 billion in 2019, and is expected to grow at a CAGR of 13.3% to reach $36.1 billion by 2027.
WILMINGTON, DE, UNITED STATES, March 3, 2025 /EINPresswire.com/ -- As per the report published by Allied Market Research, the UK and Ireland virtual event market was accounted for $3.14 billion in 2019, and is estimated to reach $36.18 billion by 2027, growing at a CAGR of 13.3% from 2021 to 2027.
Rise in trend of work from home, surge in sponsorship for virtual events, low operational cost in organizing virtual events, and the globalization of businesses drive the growth of the UK and Ireland virtual event market. However, lack of awareness regarding technology hinders the market growth. On the contrary, technological advancements in the virtual event industry are expected to open lucrative opportunities for the market players in the future.
The UK and Ireland virtual event market is segmented on the basis of event type, revenue source, age group, and country.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ (121 ๐๐๐ ๐๐ฌ ๐ฐ๐ข๐ญ๐ก ๐๐จ๐ซ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ): https://www.alliedmarketresearch.com/request-sample/11518
Based on event type, the entertainment segment dominated the market in terms of revenue, accounting for nearly one-third of the market. However, the webinar segment is expected to register the highest CAGR of 14.7% during the forecast period.
On the basis of revenue source, the ticket sale segment is projected to manifest the highest CAGR of 14.5% during the forecast period. However, the sponsorship segment held the largest share in 2019, contributing to more than half of the market.
๐๐๐ก๐๐๐ฎ๐ฅ๐ ๐ ๐ ๐๐๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ฅ๐ฅ ๐ฐ๐ข๐ญ๐ก ๐๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ/๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฑ๐ฉ๐๐ซ๐ญ๐ฌ ๐ญ๐จ ๐ ๐ข๐ง๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐จ๐ซ ๐๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ @ https://www.alliedmarketresearch.com/purchase-enquiry/11518
Based on country, the market across the UK held the lionโs share in 2019, accounting for more than two-thirds of the market. However, the market across Ireland is anticipated to portray the highest CAGR of 16.3% during the forecast period.
The UK and Ireland virtual event market include an in-depth analysis of the prime market players such as George P Johnson Event Marketing Private Limited
First Event
Hopin
Grooveyard Event Limited
MGN Events Ltd.
Julia Charles Event Management Ltd.
Seven Events Ltd.
Saville Group Ltd.
Verve Live Agency
The Events Company
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐จ๐จ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐ฎ๐ฌ๐ญ๐ซ๐๐ฅ๐ข๐ ๐
๐๐ฌ๐ก๐ข๐จ๐ง ๐๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/australia-fashion-events-market-A285889
๐๐ฌ๐ข๐, ๐๐๐๐, ๐๐ง๐ ๐๐ข๐๐๐ฅ๐ ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ฏ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/asia-scan-middle-america-events-industry-market-A207604
๐๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐๐ฏ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/tourism-event-market-A74644
David Correa
Allied Market Research
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