Virtual events have dominated the events industry throughout the COVID-19 pandemic. Virtual events provide various benefits for event organizers and participants alike, such as reaching wider audiences and allowing the collection of real-time data, advantages that physical events simply do not have. Nevertheless, although the advantages of holding virtual events are beginning to eclipse the benefits of in-person events, there are some crucial elements that virtual events are not yet able to replicate.
For instance, do you ever begin to feel bored when perpetually talking with others via a monitor? Would you prefer chatting with people face-to-face or in a virtual world? Face-to-face communication is the most important element of an in-person event as it fulfills the human desire for emotional interaction. Interactions provide better opportunities for greater engagement and the exchange of information, as both listeners and speakers can see and interpret each other’s body language and facial expressions. Hybrid events maintain that element while adding the bonuses of the virtual world.
Right now the potential for hybrid events is huge. According to EventX’s recent report, a majority of event industry experts believe that at least 50% of events are going to be organized in virtual or hybrid formats after the pandemic. This opinion was especially strong in event organizers based in Singapore and shows the highest rate of adoption for hybrid and virtual events.