According to a recent market study published by Growth Market Reports, titled, “Global Live Online Webinar Software Market by Component, Deployment Model, Organization Size, and Regions: Size, Volume, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at USD 741.7 Million in 2022 and is expected to grow at a moderate growth rate of 14.2% by the year 2030. The live online webinar software market has grown significantly in the recent years, due to increasing demand for remote collaboration and communication tools.

As per the Growth Market Reports industry analyst Shreyash Trigune, “The Live Online Webinar Software Market” is anticipated to witness significant growth during the forecast period 2023-2031. Key factors that are anticipated to fuel the demand for the global Live Online Webinar Software market during the forecast period are rise in popularity of online education and training is driving the live online webinar software market. Traditional classroom settings are being supplemented or replaced by virtual learning environments due to the increasing need for effective and interactive tools that facilitate remote education and training sessions. Online courses and webinars provide individuals with the opportunity to learn from anywhere, at their own pace, eliminating the constraints of physical location and time zones. This accessibility has attracted a large number of students, professionals, and organizations to opt for online training programs, creating a demand for reliable webinar software.

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Online webinar refers to a type of digital tools that enables individuals and organizations to participate in webinars, which are online seminars or presentations conducted over the internet.

Webinar has gained significant popularity in recent years, as it connects people from different locations in real-time. This makes it an effective tool for remote collaboration, knowledge sharing, training, and marketing purposes.

Online webinar software is used by businesses to connect with and engage large audiences across the globe. Furthermore, attendees are able to see and hear presentations online as well as interact with the host through Q&A, live polls, discussions, and other features. Live webinars include panel discussions, interviews, seminars, and demo Value/ supply chain management is a pivotal part of any business. A supply chain contains a series of steps to get products from their original state to the customers. These steps include transforming components/raw materials into final products, transporting those products, and distributing them to the end users. Entities in the supply chain include raw material suppliers, manufacturers, distributors, and the final end use-industry. Moreover, value chain analysis is the process of identifying each of these activities, determining their costs and the value they deliver, and then looking for ways to optimize them in keeping with the company's overall strategy.

The primary, as well as secondary research methodology, is used for keen observation and study of the Live Online Webinar Software market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews were conducted with the stakeholders across industry verticals at regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, and current and future trends done by the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess experience of around 10-20 years in the industry. On the other hand, the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights, and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports, and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases were analyzed for macro & microanalysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

The global economic expansion is projected to continue over the next decade, fueled by the growth of developing industries. COVID-19, BREXIT, and escalation of tariff wars between the US and China are projected to create short-term risks and disturbances. Conversely, revenue from the Live Online Webinar Software market is anticipated to grow, due to its increasing demand, which is fueled by its applications in various industries such as education, BFSI, and others.

The COVID-19 outbreak has propelled the global Live Online Webinar Software market. During the emergence of COVID-19, Live Online Webinar Software services help the organization in managing security issues and provide secured information access while operating remotely. Moreover, the threat of cyberattacks including malware and phishing has increased significantly in several organizations due to the rise in internet traffic, which increases the demand for Live Online Webinar Software. For instance, in 2020, Google blocked around 18 million daily phishing and malware emails.

Technological advancements have played a significant role as a macroeconomic factor in shaping the live online webinar software market. Improved video streaming capabilities, cloud computing, interactive features such as real-time polling & survey capabilities, mobile accessibility, and other such advancements have transformed the way businesses and individuals communicate. These advancements have also revolutionized the way webinars are conducted, making them engaging, accessible, and scalable.

Key Takeaways from the Study

  • Based on Component, Live Online Webinar Software market is segmented into Solution and Services. The Services segment held XX% share of the market in 2022 and is projected to expand at a CAGR of XX% during the forecast period owing to adoption of webinar software grows, businesses and individuals require assistance in setting up and managing webinars effectively. Service providers offer various services such as onboarding, training, technical support and customization to meet the need of users.  

  • Based on deployment mode, the Live Online Webinar Software market is segmented into cloud and on-premise. The on-premise segment is projected to hold a considerable share of the market in 2022.  On-premises deployment reduces dependency on third-party organizations providing explicit monitoring and data protection.

Report Scope

Report Metric

Details

Market Value in 2022

USD 741.7  Million

Market Growth Rate (from 2022 to 2031)

20.9%

Historical Data

2016 to 2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (USD Million)

Market Segments

By Component, by Deployment Mode by Organization Size, and by regions.

Key Companies Profiled

LiveWebinar, Business Hangouts, ClickMeeting, BigMarker, Demio, ON24, Inc., Kaltura, Inc., Livestorm, Zoom Video Communications, Inc, Adobe, Cisco Systems, Inc., Internet MegaMeeting, LLC, Microsoft, Google LLC, Zoho Corporation Pvt. Ltd.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Live Webinar Softwareand Software providers and developers

  • Demand Side: Consulting companies and end-consumers

  • Regulatory Side: Concerned government authorities, and other regulatory bodies

  • Associations and Industry Bodies: SME (Society of Manufacturing Engineers) and others.