Site icon AlphaGamma

The future of events: virtual, in-person or hybrid?

alphagamma Future of events entrepreneurship

It doesn’t come as a surprise that virtual events since 2020 have outnumbered the in-person conventions. When the pandemic started, we had to redefine major aspects of our lives. I can remember hours spent editing opportunities articles and crossing them out from our weekly newsletter when (almost) all events were canceled in March 2020.

Since a big part of my work involves researching and sharing opportunities with you, I started to worry about what other opportunities we could write about. We locked ourselves at homes and had to reduce a human contact to a minimum. It was harder than ever to stay sane. Fortunately, it didn’t take long for the event industry to rise from the ashes.

Virtual summits became a great ersatz of gatherings we all needed

The events industry outdid itself in reformatting and adapting to a new reality. The software allowed them to create experiences we craved, such as virtual networking lounges, live sessions and even exhibition halls at some point.

The events were finally back, so we could all learn, meet other professionals and hear great keynote speeches. But how long did it take you to become tired of a home office, events at home, chilling at home and everything home?

Even though the industry mastered organizing online events, from the last quarter of 2020 to the second quarter of 2021, pivoting the next major event to virtual decreased by 18% (Virtual Tech Event Guide 2021, Event Manager Blog).

Since the vaccination and the COVID downfall, we are trying to get our “old normal” back. With the necessary safety measures, the events are expanding the attendance possibilities combining online with in-person gatherings. The hybrid format seems like a golden mean.

I attended a couple of virtual conferences and summits this year, and a number of speakers have said that they cannot wait to meet in person soon. I shared this feeling.

Let’s take a look at some of the upcoming events in 2022

Glimpsing at 2022, the majority of events are planned to be in-person. According to the GBTA Report: currently, three-quarters (76%) of respondents feel in-person meetings are typically “somewhat more effective” (44%) or “much more effective” (32%) than virtual meetings. The report also mentions that the three major challenges for hybrid events are lower attendees engagement, difficulties to execute and lack of effectiveness.

Pros and cons of virtual events

The biggest advantage of online conferences is that even social distancing, closed borders and a travel ban cannot affect them. Here are some more good things:

Here’s what I’ve missed the most:

I’m sure there’s more to add (feel free to share your pros and cons in the comments!), but after this short summary, I must say that:

No virtual experience is superior to a real one

Online events are great – they are more accessible and affordable. In-person gatherings are also amazing. It’s thrilling to meet people you’ve always admired or have a coffee chat with someone new.

There’s no doubt that after months of distancing from others we appreciate the return of in-person gatherings. Looks like they’re here to stay?

What’s your favorite event format and how do you feel about the future of events. Is it going to be virtual, in-person or hybrid?


For more business and entrepreneurship tips, subscribe to our weekly newsletter and follow us on TwitterFacebook, Instagram and LinkedIn.

Exit mobile version