A head of events at a mid-sized industry association has 40,000 euros, one afternoon in November and a board that wants to see “more member connections” on the next report. She could run a webinar and reach 2,000 people. She could run a matchmaking day and reach 300. Only one of those formats will put confirmed meetings on the report. That is the choice this guide is about.
Virtual events have long stopped being a pandemic substitute. Statista counts 21 per cent of all events planned for 2025 as fully virtual (via Cvent, 2026), and Amex GBT’s 2026 forecast names “more virtual meetings” as the number one tactic planners use to cope with tight budgets (39 per cent). The question in 2026 is not whether to run virtual events. It is which of the ten types below produces the outcome you will be measured on.
Below you will find each format explained, rated by its networking yield (how many real one-to-one conversations it produces per attendee), and a decision matrix at the end that maps goal, audience size and budget to the right format.
What Are Virtual Events?
A virtual event is an organised gathering that takes place entirely online, combining live or on-demand content with interactive tools such as chat, polls, breakout rooms and scheduled one-to-one meetings. The ten most common types are webinars, virtual conferences, virtual trade shows, virtual networking events, virtual career fairs, hosted buyer programmes, virtual product launches, virtual workshops, virtual team building events and hybrid events.
What separates them is not the technology. Most run on similar platforms. What separates them is the direction of the interaction: one-to-many (a webinar), many-to-many (a conference or expo) or one-to-one (a matchmaking programme). That direction decides how many business conversations the event produces, and that is the number your board cares about.
The market behind these formats keeps growing. Grand View Research’s 2026 report values the global virtual events market at USD 119.8 billion for 2025 and projects USD 145.0 billion for 2026, rising to USD 472.9 billion by 2033 at a CAGR (compound annual growth rate) of 18.4 per cent. For an organiser, that growth means one thing: your attendees are being invited to more virtual events every year, and a format that produces nothing but passive viewing will lose them.
What Are Online Virtual Events?
“Online virtual event” and “virtual event” are used interchangeably, but the phrase carries a specific meaning in procurement discussions. Online virtual events exist entirely in a digital environment, with no physical venue and no hybrid component, and are designed for audiences spread across regions and time zones. They range from a single-track webinar with 50 attendees to a multi-day global conference with tens of thousands of participants.
The strategic case rests on data as much as on cost. A well-built online event records session attendance, dwell time and meeting activity per participant, which a physical event cannot capture at the same granularity. Bizzabo’s 2026 platform data shows virtual sessions are completed to 71 per cent of their length on average, with roughly 46 minutes of viewing time per session. That is the baseline your content has to beat before anyone opens a meeting request.
Market data
The Virtual Events Market in Numbers
10 Types of Virtual Events
Each type below carries a networking yield rating: low, medium, high or maximum. The rating describes how many qualified one-to-one conversations the format typically produces per attendee, not how “engaging” it feels.
1. Webinars
A webinar, short for “web seminar”, is a single-track online session in which one or more presenters deliver content to a live audience, supported by Q&A, polls and chat. Webinars remain the workhorse of B2B content marketing: Mordor Intelligence attributes 45.75 per cent of all virtual event revenue in 2025 to the webinar format, and Bizzabo reports that 61 per cent of organisers saw webinar attendance rise year on year in 2026. The format is cheap, repeatable and easy to record.
Networking yield: Low. A webinar points every attendee at the speaker, not at each other. Q&A and chat create some interaction, but nobody leaves a webinar with three confirmed meetings.
Best for: Lead generation, product education, thought leadership and nurturing an audience between larger events.
2. Virtual Conferences
A virtual conference replicates the multi-track structure of an in-person conference online: keynotes, breakout rooms, sponsor areas and a dedicated networking layer. Attendees move between sessions, join roundtables and schedule one-to-one meetings with other participants without leaving their desk. Conferences and summits made up 42.64 per cent of the virtual events market by application in 2025 (Mordor Intelligence, 2026), which makes them the second largest format after webinars.
Networking yield: High, if the meeting layer is built in rather than bolted on. The multi-session structure creates natural pauses for conversation, and platforms with profile-based matching and a shared meeting calendar turn those pauses into booked slots. Which platforms do that well is covered in our guide to event networking apps.
Best for: Industry associations, professional networks, large B2B events and annual membership gatherings.
3. Virtual Trade Shows and Online Expos
A virtual trade show, or online expo, moves the exhibitor and buyer dynamic of a physical fair into a digital environment. Exhibitors set up virtual booths; buyers browse, collect materials and book meetings. Mordor Intelligence expects virtual expos, fairs and festivals to grow at 11.43 per cent a year to 2031, faster than the market average in its model, because organisers can add an online edition between physical shows at low marginal cost.
Networking yield: High for structured buyer and seller interaction. The format is transactional by design, which makes it a natural home for pre-scheduled buyer and seller meetings and procurement events where qualified introductions are the deliverable.
Best for: Trade associations, destination marketing organisations (DMOs), procurement events and tourism trade shows.
4. Virtual Networking Events
Virtual networking events put connection, not content, at the centre. They use speed networking rounds, rotating breakout rooms or interest-based group assignments to create conversations between people who would not otherwise meet. The best ones are engineered in advance: participant profiles are collected at registration, and a matching logic assigns conversations by role, interest or stated goal.
Networking yield: Very high when structured, unreliable when random. Random breakout rooms produce small talk. Profile-based matching produces conversations that lead to follow-ups. The mechanics that make the difference, from profile design to slot length, are in our step-by-step guide to running a virtual networking event that produces real meetings.
Best for: Professional associations, alumni networks, startup and investor communities, and any event where relationship-building is the primary objective.
5. Virtual Career Fairs
A virtual career fair connects candidates with employers through structured one-to-one interviews, group information sessions and company booths. Many platforms add automated screening and scheduling so that a limited time window produces the maximum number of qualified conversations. For organisers, the format removes geographic barriers on both sides, which matters most for international recruitment programmes.
Networking yield: High in a structured context. Candidate and employer matching is a networking problem at heart: the right introduction at the right moment does what no job board can.
Best for: Universities, recruitment agencies, large corporate HR teams and sector-specific workforce events.
6. Hosted Buyer Programmes
Hosted buyer programmes are the most controlled and commercially precise format in the virtual and hybrid landscape. The organiser curates a group of pre-qualified buyers, senior decision-makers with confirmed budgets and active procurement needs, and brings them together with a selected group of suppliers who want to reach exactly those buyers. Every meeting is pre-assigned according to rules the organiser sets. Nothing is left to chance.
The defining feature is organiser control. The organiser decides who meets whom, and, just as important, who does not. Organisers of hosted buyer events are industry specialists: they know which supplier fits which buyer, which conversations are worth engineering, and which pairings would waste both parties’ time. That expertise is the product.
For buyers, the value is access: sponsored or subsidised participation in return for a guaranteed number of confirmed meetings with relevant suppliers. For suppliers, the value is precision: every paid meeting slot is with a verified decision-maker. Conversion from hosted buyer meetings consistently outperforms open trade show contacts, which is why the format is established at ITB Berlin, WTM London and IMEX, and growing in procurement, professional services and technology events.
Networking yield: Maximum, inside a curated universe. Hosted buyer programmes do not produce broad peer networking. They produce a small number of high-value, pre-qualified business meetings. Quality over quantity, by design.
Best for: Tourism trade shows, procurement events, professional services exhibitions and any event where the organiser’s industry knowledge is the competitive advantage.
Networking
Why Structured Formats Beat Open Rooms
That last number is the one to sit with. If virtual leads convert at roughly a third of the in-person rate, the format has to generate more qualified conversations per attendee, not more registrations, to reach the same pipeline. Formats with a meeting layer do that. Broadcast formats do not.
Solution: Converve’s matchmaking platform is built for B2B programmes that need structured, scalable one-to-one meetings. Organisers define the meeting matrix (buyer and seller categories, mandatory pairings, VIP quotas), and the platform handles profile-based matching, scheduling and post-event analytics in one system, for virtual, hybrid and on-site formats alike. See how Converve’s matchmaking works.
7. Virtual Product Launches
A virtual product launch combines live presentation, product demonstration and Q&A to introduce a new product or service to a distributed audience at the same moment. The format allows real-time audience reactions, pre-booked media slots and immediate follow-up through integrated CRM (customer relationship management) connections. Mordor Intelligence lists product launches as the fastest-growing application in the virtual events market, at 12.01 per cent a year to 2031.
Networking yield: Low. The relationship runs between audience and brand, not between attendees. Peer networking is not the objective here.
Best for: Software companies, consumer brands and organisations announcing a significant release to a broad stakeholder audience.
8. Virtual Workshops and Training Sessions
Unlike webinars, virtual workshops require active participation from everyone present. Participants work through exercises, contribute to group outputs and receive feedback from facilitators in real time. Breakout activities, shared whiteboards, live polling and case discussions keep engagement high. The format works best in smaller cohorts where everyone shares a role or a professional challenge.
Networking yield: Medium. Collaborative exercises build peer connections as a by-product, particularly when participants share a domain. Workshop alumni often stay in touch long after the session ends.
Best for: Professional development programmes, compliance training, accreditation events and skill-building for defined professional communities.
9. Virtual Team Building Events
Virtual team building events face inward: they strengthen relationships within a distributed workforce rather than creating external connections. Formats range from online quizzes and collaborative games to facilitated strategy sessions and cross-department innovation sprints. With remote and hybrid work now standard for a large share of office staff, the format meets a real operational need.
Networking yield: Medium, within a closed group. The format deepens existing relationships rather than creating new ones, which is exactly what distributed teams need.
Best for: Remote and hybrid organisations, distributed teams and internal engagement programmes across multiple offices.
10. Hybrid Events
A hybrid event combines a physical gathering with a virtual component, so that in-person and remote audiences take part at the same time. A Zoom study cited by Cadmium (2026) puts the average organiser budget at 37 per cent hybrid, 35 per cent virtual and 28 per cent in-person only, which makes hybrid the single largest line item in many event budgets. The appeal is reach without losing the depth of the in-person experience.
The central challenge is equity: giving virtual attendees the same quality of networking as the people in the room. Platforms that run one meeting calendar across both audiences come closest to solving it. Whether that investment pays off for your event, and where it does not, is the subject of our updated analysis of the pros and cons of hybrid events; the operational side is in our hybrid event planning guide.
Networking yield: Variable. Hybrid done well delivers high yield for both audiences. Hybrid done poorly creates a two-tier event in which virtual attendees watch other people network.
Best for: Annual conferences, flagship industry events and organisations with stakeholders who cannot all travel to one location.
Which Type of Virtual Event Is Right for You?
Back to the head of events with 40,000 euros and one November afternoon. Her decision comes down to four variables, and the table below maps them to the ten formats.
| Format | Direction | Networking yield | Sweet spot (attendees) | Relative cost |
|---|---|---|---|---|
| Webinar | One-to-many | Low | 100 to 5,000+ | Low |
| Virtual conference | Many-to-many | High | 300 to 10,000 | Medium to high |
| Virtual trade show | Many-to-many, meeting layer | High | 200 to 5,000 | Medium to high |
| Virtual networking event | One-to-one | Very high | 50 to 500 | Low to medium |
| Virtual career fair | One-to-one | High | 200 to 3,000 | Medium |
| Hosted buyer programme | One-to-one, curated | Maximum | 50 to 800 | Medium |
| Virtual product launch | One-to-many | Low | 500 to 20,000+ | Medium |
| Virtual workshop | Small group | Medium | 10 to 100 | Low |
| Virtual team building | Closed group | Medium | 10 to 200 | Low |
| Hybrid event | Mixed | Variable | 200 to 5,000 | High |
Your primary goal. Content distribution and lead capture point to webinars and launches. Relationship-building points to networking events, hosted buyer programmes and conferences with a meeting track. Internal engagement points to workshops and team building.
Your audience size. Broadcast formats scale to thousands with modest infrastructure. Meeting formats perform best between 50 and 500 participants, where match quality and conversation depth are highest. Above that, you need rules (categories, quotas, mandatory pairings) to keep the meeting schedule from collapsing into noise.
Your networking ambition. If confirmed one-to-one meetings are the deliverable rather than a bonus, choose a hosted buyer programme or embed a curated meeting track inside a conference or trade show. If meetings are secondary, a webinar with a strong follow-up sequence may serve you better than a half-built networking layer.
Your budget. Webinars are the cheapest format to run. Hybrid events are the most expensive. Matchmaking formats sit in between and, measured per confirmed meeting, usually deliver the best return of the ten. How to price the platform side is covered in our buyer’s guide to event matchmaking software pricing.
You do not have to choose only one. Many B2B programmes run a webinar series as the pipeline into an annual hosted buyer show, or embed a matchmaking track inside a virtual conference. The formats are composable. What is not composable is the measurement: decide before you book the platform whether the report to your board will count viewers or meetings.
Frequently Asked Questions
What are the main types of virtual events?
The ten main types are webinars, virtual conferences, virtual trade shows and online expos, virtual networking events, virtual career fairs, hosted buyer programmes, virtual product launches, virtual workshops and training sessions, virtual team building events and hybrid events. They differ mainly in the direction of interaction: one-to-many, many-to-many or one-to-one.
What are the three main types of virtual meetings?
Grouped by interaction, there are three: one-to-many meetings (webinars, product launches), many-to-many meetings (virtual conferences, expos, workshops) and one-to-one meetings (matchmaking sessions, hosted buyer programmes, career fair interviews). One-to-one formats produce the most business conversations per attendee.
What are some examples of virtual events?
Typical B2B examples include a 60-minute product webinar with live Q&A, a two-day virtual industry conference with breakout tracks, an online tourism trade show with pre-scheduled buyer and seller meetings, a virtual career fair with 15-minute interview slots, and a hybrid annual conference with a shared meeting calendar for on-site and remote attendees.
Which type of virtual event produces the most business meetings?
Hosted buyer programmes and structured virtual networking events produce the most confirmed one-to-one meetings per attendee, because participants are matched on profiles and meetings are scheduled in advance. Webinars and product launches produce the fewest, because the interaction runs from the stage to the audience rather than between attendees.
How big is the virtual events market in 2026?
Grand View Research (2026) values the global virtual events market at USD 145.0 billion for 2026, up from USD 119.8 billion in 2025, and projects USD 472.9 billion by 2033. Estimates vary with the definition used: Mordor Intelligence (2026) applies a narrower scope and reports USD 16.61 billion for 2026.
How do I choose between a webinar and a virtual networking event?
Ask what the report after the event has to show. If the answer is reach, registrations and content downloads, run a webinar. If the answer is confirmed meetings, follow-ups and pipeline, run a structured networking event or a hosted buyer programme, and keep the audience between 50 and 500 so the matching stays precise.
Conclusion: Count Meetings, Not Viewers
Virtual events in 2026 are a deliberate choice, not a fallback. The ten formats above run from lean content distribution to precision-engineered B2B matchmaking, and the difference between them shows up in one number: how many real conversations each attendee walks away with. Choose the format for the number you will be measured on, then build the meeting layer to match.
If the quality of business connections is your primary measure of success, whether in a hosted buyer programme, a matchmaking conference or a trade show with a structured networking track, Converve gives you the platform to run it at scale. We work with organisers in tourism, associations and corporate events to design programmes where every meeting is planned, not accidental.
Every one of these formats has to be financed, and virtual event sponsorship packages explains how to price tiers that sponsors actually buy.
Get in touch with our team or request a demo to see how rule-based matchmaking works in practice.