Saudi Arabia Virtual Events Market Size & Outlook
Saudi Arabia virtual events market, 2018-2030 (US$M)
Related Markets
Saudi Arabia virtual events market highlights
- The Saudi Arabia virtual events market generated a revenue of USD 675.4 million in 2023 and is expected to reach USD 2,499.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 20.6% from 2024 to 2030.
- In terms of segment, external event was the largest revenue generating event type in 2023.
- Extended Event is the most lucrative event type segment registering the fastest growth during the forecast period.
Virtual events market data book summary
| Market revenue in 2023 | USD 675.4 million |
| Market revenue in 2030 | USD 2,499.8 million |
| Growth rate | 20.6% (CAGR from 2023 to 2030) |
| Largest segment | External event |
| Fastest growing segment | Extended Event |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Internal Event, External Event, Extended Event |
| Key market players worldwide | AliveCor, Avaya, Alexium International Group Ltd, NTT Data Group Corp, Cisco Systems Inc, Microsoft Corp, Zoom Video Communications Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.9% of the global virtual events market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE virtual events market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,499.8 million by 2030.
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Virtual Events Market Scope
Virtual Events Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia virtual events market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to virtual events market will help companies and investors design strategic landscapes.
External event was the largest segment with a revenue share of 41% in 2023. Horizon Databook has segmented the Saudi Arabia virtual events market based on internal event, external event, extended event covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Virtual Events Event Type Outlook (Revenue, USD Million, 2018-2030)
- Internal Event
- External Event
- Extended Event
- Saudi Arabia Virtual Events Service Outlook (Revenue, USD Million, 2018-2030)
- Communication
- Recruitment
- Sales & Marketing
- Training
- Saudi Arabia Virtual Events Establishment Size Outlook (Revenue, USD Million, 2018-2030)
- SMBs
- Large Institutions
- Saudi Arabia Virtual Events End-Use Outlook (Revenue, USD Million, 2018-2030)
- Educational Institution
- Enterprises
- Organizations
- Others
- Saudi Arabia Virtual Events Application Outlook (Revenue, USD Million, 2018-2030)
- Conferences
- Exhibitions/Trade Shows
- Summits
- Others
- Saudi Arabia Virtual Events Industry Vertical Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- Consumer Electronics
- Healthcare
- Information Technology
- Manufacturing
- Media & Entertainment
- Telecom
- Others
- Saudi Arabia Virtual Events Virtual Events Market Outlook (Revenue, USD Million, 2018-2030)
- Everyday events
- Large-scale events
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Target buyers of Saudi Arabia virtual events market databook
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Our clientele includes a mix of virtual events market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia virtual events market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia virtual events market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia virtual events market size, by event type, 2018-2030 (US$M)
Saudi Arabia Virtual Events Market Outlook Share, 2023 & 2030 (US$M)
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