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Virtual Events Market to Grow by USD 539.5 Million (2025-2029), Rising Corporate Events Boosting Growth, AI Driving Market Evolution – Technavio

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global virtual events market size is estimated to grow by USD 539.5 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  26.1%  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..

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Virtual Events Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 26.1%

Market growth 2025-2029

USD 539.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

22.6

Regional analysis

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

Performing market contribution

APAC at 30%

Key countries

US, China, Germany, Japan, Canada, India, UK, France, Italy, and Brazil

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

The virtual events industry has seen a significant due to lockdowns and the impact of coronavirus. Retail & e-commerce, healthcare, manufacturing, construction, academic institutions, and various sectors are adopting digitally simulated events for sales meetings, job fairs, summits, audio/video conferences, exhibitions, and trade shows. Modern technologies like artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) are driving the trend. Virtual conferences offer networking solutions, hospitality, and collaboration tools for employees and resources. However, challenges include cyberattacks, connectivity network issues, regulations, and compatibility problems. Stable internet connections, streaming platforms, and collaboration tools are essential for successful virtual events. Technological advances like real-time data analytics, on-demand content, interactive virtual environments, and session popularity help make data-driven decisions. The success of events depends on attendee engagement, timing, accessibility, and experience. Virtual simulation platforms offer a cost-effective and accessible solution for global audiences, customers, and partners. Despite challenges, virtual events are here to stay, shaping the future of business proceedings and workflow. 

Virtual events in the education sector are gaining popularity as an effective and cost-efficient means of learning. Traditional educational institutions are incorporating virtual classrooms to offer flexibility in studying, allowing students to attend sessions from anywhere at any time. These sessions, led by qualified educators, provide cost savings and expanded access to knowledge. Virtual events also incorporate game dynamics to maintain student interest and develop essential skills like time management. Conferencing tools facilitate improved interactions between students and faculty, while social media integration enhances networking opportunities. 

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Market Challenges

The virtual events industry has seen a significant due to lockdowns and the impact of coronavirus. Retail & e-commerce, healthcare, manufacturing, construction, academic institutions, and various other sectors have turned to digitally simulated events for business proceedings. Sales meetings, job fairs, summits, audio/video conferences, exhibitions, and trade shows are now being held virtually. However, challenges persist. Connectivity network issues, cyberattacks, regulations, and compatibility problems are major factors affecting virtual events. Employees and resources require stable internet connections and streaming platforms for effective workflow. Technological advances, such as artificial intelligence (AI), augmented reality (AR), and virtual reality (VR), offer interactive virtual environments for networking and collaboration. Time and accessibility are crucial for virtual events, with on-demand content and presentations providing flexibility. Future events will depend on real-time information, data analytics, attendee engagement, and successful outcomes. Event strategies must consider these challenges and leverage modern technologies for successful virtual events.Open-source virtual events present a significant competition for commercial enterprise virtual solutions. These software can be downloaded and utilized on various platforms, making them an attractive option for micro and small-scale enterprises and individual users. The high purchasing and licensing costs of proprietary virtual events often deter these entities from opting for commercial solutions. Open-source virtual events offer common features comparable to proprietary ones, making them a viable choice for small-scale events. Their availability on the internet, free of cost, adds to their appeal. This trend poses a challenge for vendors providing proprietary virtual event management as a service.

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Segment Overview 

This virtual events market report extensively covers market segmentation by  

ApplicationUC And C And VCWeb ConferencingTypeWebinarConferenceVirtual Expo Fairs And FestivalsEntertainmentGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

1.1 UC and C and VC-  Unified communications and collaboration (UC and C) is a business technique that optimizes processes by integrating real-time and non-real-time communications. Real-time communication includes online chatting, instant messaging, video conferencing, telephony, speech recognition, and call control. Non-real-time communication includes voicemail, email, unified messaging, SMS, and fax. UC and C facilitates communication using different modes, media, and devices anywhere and anytime, leading to improved productivity, enhanced communication among employees globally, increased collaboration tools usage, better business process optimization, faster decision-making, and increased employee availability. The virtual events market is witnessing a shift towards video and web conferencing solutions over audio conferencing due to consumer preference. Video conferencing allows real-time two-way communication across geographies and provides full-motion video images and high-quality audio. SMBs are adopting SaaS-based models due to their affordability, and vendors are offering local language support to cater to this segment. UC and C is popular among businesses as it enables real-time collaboration and communication among disparate teams, and the integration of rich video, web, and audio conferencing creates a connected workspace. The market is expected to grow rapidly due to the increasing adoption by SMEs and the BYOD policy trend. SMEs adopt virtual client computing solutions to accelerate processes and virtualize applications and desktops to reduce costs and improve efficiency.

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Research Analysis

The Virtual Events Market has experienced exponential growth in the wake of the global health crisis, with Retail & e-commerce, Healthcare, Manufacturing, Construction, Academic institutions, and various industries adopting digitally simulated events as a viable alternative to traditional in-person gatherings. Sales meetings, job fairs, summits, exhibitions, and trade shows have all transitioned to virtual platforms, enabling businesses to continue their proceedings despite WFH policies and lockdowns. Modern technologies like virtual conference solutions, networking platforms, and AI-powered connectivity networks have become essential resources for employees and businesses to engage, collaborate, and innovate. However, cybersecurity concerns and connectivity issues remain challenges to be addressed in this rapidly evolving landscape. Morressier, a leading virtual conference platform, offers advanced networking solutions and a user-friendly interface to facilitate productive and engaging virtual events.

Market Research Overview

The Virtual Events Market has experienced significant growth due to the global shift towards digitally simulated events in various sectors including Retail & e-commerce, Healthcare, Manufacturing, Construction, Academic institutions, and the Virtual events industry itself. With the impact of lockdowns and the Coronavirus pandemic, sales meetings, job fairs, summits, audio/video conferences, exhibitions, and trade shows have all moved online. Modern technologies like artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) have become major factors in creating interactive virtual environments. However, challenges such as connectivity problems, bandwidth limitations, software glitches, and compatibility issues can affect the success of events. Regulations, cyberattacks, and restrictions on the movement of people also pose challenges. Employees and resources must adapt to business proceedings in a workflow that integrates modern technologies with physically organized events. Networking solutions, collaboration tools, streaming platforms, and online communication have become essential for remote workforces and global audiences. The future of events lies in data-driven decisions based on attendee engagement, session popularity, lead generation, and real-time information. Event strategies must consider timing, accessibility, and the experience of customers and partners, whether they are at home or in offices, and the impact of travel and work on event attendance. Technological advances continue to shape the virtual events landscape, with video conferencing platforms and on-demand content becoming increasingly popular.

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 VCWeb 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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Gemtek and Dixon Advance Strategic Collaboration to Expand Optical Connectivity Business in India

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Combining photonic integration expertise with localized manufacturing to address growing demand for high-speed optical connectivity across Broadband, Telecom and AI Infrastructure

TAIPEI, Sept. 1, 2026 /PRNewswire/ — Gemtek Technology Co., Ltd. (“Gemtek”) and Dixon Technologies (India) Limited (“Dixon”) are advancing their strategic collaboration through their joint venture in India, expanding manufacturing and market opportunities for Optical Transceivers, BOSA (Bidirectional Optical Sub-Assembly) and other high-speed optical connectivity solutions.

The collaboration combines Gemtek’s expertise in optical communications, photonic integration and product development with Dixon’s manufacturing scale, supply-chain capabilities and market presence in India, creating a scalable platform to serve Broadband, Telecom, Cloud, Data Center and AI Infrastructure markets in India and globally.

Expanding Next-Generation Optical Connectivity

Gemtek is expanding its optical connectivity portfolio with solutions spanning 1G to 1.6T, including Optical Transceivers, SFPs, BOSA and high-speed optical connectivity solutions.

Leveraging EIC-PIC photonic integration and advanced manufacturing capabilities, Gemtek is advancing its roadmap toward 800G, 1.6T and next-generation photonic integration technologies to address growing demand for high-bandwidth and high-performance connectivity driven by AI, cloud and data center infrastructure.

Strengthening Local Manufacturing and Supply-Chain Resilience in India

The collaboration supports India’s growing focus on local manufacturing of Optical Transceivers, BOSA and other high-speed optical solutions. By combining Gemtek’s technology and product development expertise with Dixon’s local manufacturing and supply-chain capabilities, the partnership enables scalable production in India while complementing Gemtek’s global manufacturing footprint, strengthening geographic diversification and overall supply-chain resilience.

Gemtek to Showcase Optical Connectivity at IMC 2026

Gemtek will participate in India Mobile Congress (IMC) 2026, taking place October 7–10, 2026, at Yashobhoomi, New Delhi, India, Hall 2, Booth B1.

Gemtek will showcase its 1G-to-1.6T Optical Connectivity portfolio and solutions for Broadband, Telecom and AI Data Center applications, including Optical Transceivers, BOSA and next-generation high-speed optical connectivity technologies.

About Gemtek

Gemtek Technology is a global provider of networking and communications solutions across Broadband, Wi-Fi, Fiber, 5G, Optical Connectivity and AI-enabled Networking. Combining photonic integration, product innovation and advanced manufacturing capabilities, Gemtek continues to expand its high-speed optical connectivity technologies and solutions.

About Dixon

Dixon Technologies (India) Limited is a leading Indian design-focused and manufacturing company serving consumer electronics, telecommunications, IT hardware and other technology sectors, with extensive capabilities in product design, engineering, large-scale manufacturing and supply-chain management.

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Haut.AI Launches AI-Powered Hair Analysis for Beauty Brands Worldwide

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New technology turns a smartphone selfie and short questionnaire into personalized hair profiles and product recommendations for beauty brands and retailers

NEW YORK, Sept. 1, 2026 /PRNewswire/ — Haut.AI, a SaaS technology company specializing in AI-powered skin intelligence and personalized skincare, today announced the commercial launch of Hair Analysis, a B2B AI-powered hair assessment technology that enables beauty brands and retailers to deliver personalized haircare recommendations through digital commerce experiences.

Hair Analysis combines a smartphone selfie with a short questionnaire to create a personalized hair profile. The technology evaluates six visible hair characteristics, combines those findings with information about a consumer’s routine and concerns and connects the resulting profile with relevant products from a brand’s catalog. Hair Analysis is now commercially available to beauty and retail companies worldwide.

The launch expands Haut.AI’s personalization platform beyond skincare, allowing brands to offer AI-powered skin and hair experiences through the same SaaS infrastructure.

“Haircare has faced a longstanding personalization challenge: hair is highly individual, yet product discovery still often relies on broad categories and trial and error,” said Anastasia Georgievskaya, CEO & Co-founder of Haut.AI. “Hair Analysis addresses that gap by combining visual assessment with consumer-provided insights to help brands connect people with more relevant products.”

How Haut.AI Hair Analysis Works

Consumers can complete a Hair Analysis assessment in less than one minute. After answering a short questionnaire about their hair, styling habits and concerns, they take a smartphone selfie that is analyzed using Haut.AI’s computer-vision technology.

The system evaluates six visible characteristics:

Hair curvatureHair densityHair volumeFrizz levelHair colorColor uniformity

Those findings are combined with questionnaire responses to create a personalized hair profile. The combined inputs support recommendations across 19 hair concerns, including dryness, frizz, split ends, hair loss, chemical damage, dandruff, lack of volume and oily or greasy hair.

Hair Analysis spans 12 product categories, from shampoos and conditioners to treatments, masks, oils, and styling products.

How Hair Analysis Helps Beauty Brands Personalize Haircare

Hair Analysis is delivered through Haut.AI’s SaaS platform and can be integrated into beauty brands’ and retailers’ digital commerce experiences. Brands can manage product catalogs, configure recommendation logic, connect individual hair profiles with relevant products from their own portfolios, and access consumer insights generated from hair analysis data to better understand customer needs and preferences.

Companies already using Haut.AI for skin analysis can add hair personalization through the same platform, creating a unified technology foundation for personalized skin and hair experiences.

Hair Analysis Builds on Haut.AI’s Beauty Personalization Technology

Hair Analysis was initially co-developed with Grupo Boticário following the Brazilian beauty company’s strategic investment in Haut.AI. The collaboration combined Haut.AI’s computer-vision and AI-powered personalization capabilities with Grupo Boticário’s experience in haircare science, consumer insights and diverse hair needs. Grupo Boticário served as Haut.AI’s launch partner for the technology, which is now available to beauty brands and retailers worldwide.

“As an early partner in the development of Hair Analysis, we’ve seen firsthand how this technology can make haircare discovery intuitive for consumers,” said Gustavo Dieamant, Executive Director of R&D at Grupo Boticário. “Hair needs are incredibly diverse, and Haut.AI has developed a solution that translates that complexity into an experience that helps consumers identify products suited to their individual needs. We’re excited to see Haut.AI now bring this technology to beauty brands around the world.”

With Hair Analysis joining Haut.AI’s Face Analysis 3.0 and recently launched Body Analysis, Haut.AI now provides AI-powered personalization across face, body and hair. This broad coverage enables beauty brands, pharmacy groups and retailers with diverse product portfolios to use a unified technology platform. It helps them address a wider range of consumer needs, deliver more personalized product recommendations and create connected beauty experiences across digital and in-store channels.

Learn more about Hair Analysis, visit https://haut.ai/products/hair-analysis.

Try the Hair Analysis demo at: https://haut.ai/hair-analysis-demo.

Press images and assets can be downloaded here.

About Haut.AI

Haut.AI is a SaaS technology company at the forefront of generative AI-powered skincare personalization and skin intelligence. Founded by scientists and AI innovators, the company has built proprietary technology that turns skin data into objective, quantifiable intelligence across all skin tones and body regions. Haut.AI collaborates with leading global beauty and wellness brands, including Neutrogena, Beiersdorf, Ulta Beauty, and Grupo Boticário, enabling them to deliver science-backed, hyper-personalized skincare experiences that drive measurable consumer engagement and business impact. For more information, visit www.haut.ai.

Media contact:
Michael Tebo
Gabriel Marketing Group (for Haut.AI)
Phone: 571-835-8775
Email: michaelt@gabrielmarketing.com 

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AI is a Mirror, Not a Replacement: Bionic Artist Viktoria Modesta Challenges the Core of Human Value in the Machine Age

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Groundbreaking Futurist and Former MIT Media Lab Fellow Joins C. M. (Cathy) Rubin on AI for a Better World—Produced by the Planet Classroom Network—to Reframe the Emerging AI Identity Crisis for the Next Generation

NEW YORK, Sept. 1, 2026 /PRNewswire/ — As artificial intelligence shifts from a corporate automation tool into an intimate part of daily identity, a profound psychological question is emerging: If machines can replicate human intelligence, what happens to the value of human experience?

In a landmark new episode of AI For A Better World, host C. M. (Cathy) Rubin—in the acclaimed series produced by the Planet Classroom Network—sits down for an in-depth conversation with internationally recognized multimedia artist, futurist, and former MIT Media Lab Fellow Viktoria Modesta to explore how emerging technology is reshaping identity, creativity, and human agency.

“We’ve spent centuries using technology to change the world around us,” Rubin states. “But AI is doing something entirely different—it is beginning to change us. It forces us to ask: what does it truly mean to be human when the baseline of intelligence is automated?”

Dismantling the Apex Predator Fallacy

Born in the USSR within a rigid societal value system obsessed with biological perfection, Modesta has spent two decades upending conventional narratives around disability and beauty by transforming her prosthetic limb into an iconic cultural symbol of bionic potential. In her dialogue with Rubin, she notes that AI’s rapid disruption is forcing a much-needed re-evaluation of how society measures human worth.

“What’s interesting about AI is that it’s creating a juxtaposition to what is human value for the first time at scale,” Modesta explains. “We’ve valued in the past biology, abilities with sports, and intelligence. We’re now left with having to really look at the foundation… I think that it’s super exciting because for the first time, I think we will start having a little bit more appreciation for things like nature and animals, which we’ve discarded historically because it’s not the apex predator.”

AI as an Intimate Mind Prosthetic

Rather than viewing AI with existential dread, Modesta frames the technology through her unique perspective on physical augmentation, defining AI as a “prosthetic of the mind.”

“This is a relationship question,” Modesta tells Rubin. “We have created a technology that is much closer to a musical instrument. It’s something that responds to our emotions… It’s no longer just functional. This is a vehicle for our intention, it’s a vehicle for our emotion, for our aspiration of what we would like to have for ourselves and the world.”

Modesta argues that because technology adaptation is a deeply intimate, individual process, the mystery and fear dissipate when individuals actively decide what internal cognitive gaps they want the tool to expand.

The Tyranny of Uniformity and the Rise of the “Edges”

Addressing Rubin’s concerns regarding technological conformity among youth growing up alongside AI companions, Modesta delivers an optimistic counter-narrative. She argues that the flat, homogenized outputs of current Large Language Models (LLMs) will naturally expose the absurdity of uniformity.

“We’re noticing how absurd it is for LLM systems to just kind of flatline all the information and remove all the kind of edges,” says Modesta. “If you have a resume by 20 people who all use the same models, there is no meaning. There is no differentiation. We should actually end up in a better place where for the first time somebody’s just like, ‘Well, wait a minute. What are my ideas? What is my lived experience?'”

Prototyping the Future Without Permission

Through her latest project, Metabodies—an AI-powered visual framework exploring human identity across Earth, space, and virtual environments—Modesta is using AI to democratize how future human forms are imagined. Rather than relying on corporate Hollywood or scientific pillars to dictate tomorrow’s aesthetics, she uses AI to fast-track representation across body shapes, ability, race, and gender.

Reflecting on the generations entering adulthood by 2050, Modesta notes that younger builders no longer view technology through the lens of a human-versus-machine divide. To them, the integration is fluid, and the historical barriers are dissolving. “I will be talking to somebody about why disability is actually innovation,” Modesta smiles, “and they’re like, ‘Yeah, sure. I get that.'”

Key Takeaways from the Interview:

The Redefinition of Value: Why the automation of routine intelligence will push humanity to value raw intuition, emotional depth, and ecological interconnectedness.The Cognitive Instrument: Reframing AI as a fluid, responsive medium for human intention rather than a cold threat to human agency.The Power of the Non-Standard: Why the flattening effect of AI writing and design tools will create an economic premium on distinct lived experiences and “imperfect” creative edges.Democratic World-Building: How individual creators are bypassing massive institutional gatekeepers to prototype diverse futures in digital and aerospace environments.

Rubin concludes: “Viktoria reminds us that if AI is a prosthetic for the mind, it is ultimately a vehicle for human intention. AI is not a threat to what makes us human; it is a mirror that forces us to discover it. As machines automate the routine and flatline the standard, our unique perspectives, lived experiences, and creative edges become humanity’s greatest assets.

Watch AI for a Better World: What Does It Mean to Be Human in the Age of AI?

About Viktoria Modesta

Viktoria Modesta is an internationally acclaimed British-Latvian multimedia artist, creative director, futurist, and the world’s first Bionic Pop Artist. A former MIT Media Lab Fellow, her multidisciplinary work spans bionic wearables, human-machine interaction, and aerospace research with partners including NASA JPL, the Aurelia Institute, and Mission AstroAccess. Her current project, Metabodies, uses AI to explore future human identity across real and virtual environments.

About C. M. (Cathy) Rubin

C. M. (Cathy) Rubin is Co-Founder and CEO of Planet Classroom and Founder of CMRubinWorld. A multimedia journalist, author, and regular Forbes contributor who has published over 800 interviews with global leaders, her work focuses on human-centered AI strategy, institutional innovation, and the future of global education.

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SOURCE Planet Classroom Network

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