Virtual Conference Market Growth Driven by Weak Economy

Feb. 8, 2010 - PRLog -- The worldwide virtual conference market is forecasted to grow at a compound annual growth rate (CAGR) of 56% between the period of 2010 and 2015. This prediction has been made by Market Research Media Ltd, a leading market and technology research company, in its recent research report “Virtual Conference & Trade Show Market Forecast 2010-2015“ (http://www.marketresearchmedia.com/2010/02/07/virtual-conference/). In the estimates made by the report the worldwide virtual conference and trade show market is predicted to reach $18.6 Billion over the period 2010 - 2015.

The virtual conference and trade show market has more than doubled in a year from 2008 to 2009 and analysts of Market Research Media expect this trend to continue. Attendance of physical professional events has long suffered from economic stagnation, influenza and and terrorist act fear.

The “Virtual Conference & Trade Show Market Forecast 2010-2015” report by Market Research Media presents a detailed analysis of the current state of the market and technology behind it, and provides year-by-year forecasts by market segments and geographic regions.

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Market Research Analyst is a panel of experts with extensive experience in custom and syndicated market research as well as strategic consulting across numerous technology-driven markets.