SAN FRANCISCO, Feb. 5, 2014 /PRNewswire/ -- ON24, the global market share leader in webinars and virtual communication solutions, today announced 2013 statistics that illustrate the significant growth of the ON24 Network. "With do-it-yourself solutions like our Webcast Elite, we are empowering business users and providing cost-effective solutions for companies of all sizes," said ON24 CEO Sharat Sharan. "These factors are contributing to the rapid adoption and significant growth of our network, the world's largest."
According to analyst firm Frost & Sullivan, ON24 has the world's largest web events network with 29% market share – and 2013 was a record-breaking year.
- Over 26,000 live webinars were delivered to audiences in over 200 countries
- Webinar viewers increased in number by 30%
- Webinars delivered on the Webcast Elite platform increased by 140%
The ON24 Network, which leverages two redundant data centers and a network of global delivery partners, can distribute massive amounts of information to millions of viewers. This scale can be best illustrated by the following:
- A new registrant joins the ON24 Network every 1.8 seconds
- A viewer enters a webinar every 2.3 seconds
- The ON24 network delivers 7.2 slides every second
Over the last five years, the ON24 Network delivered 106,000 live webinars to more than 30 million viewers who watched over 27 million hours of content.
ON24 remains committed to providing ubiquitous access to its webinars – anytime, anywhere, and on any device. Its "one-click access / no downloads / no apps" philosophy is fueling the use of mobile devices to view ON24 webinars and other rich media content.
- 6% of ON24 viewers use mobile devices to register for webinars
- In 2013, the use of mobile devices by webinar registrants increased by 76%
The ON24 platform leads the industry in its ability to deliver engaging, interactive webinars. With its 30 "widgets" – including social media, group discussion, Q&A and breakout sessions – ON24 webinars offer an unprecedented number of options for interactivity, feedback and engagement, as exemplified by the following:
- On average, ON24 viewers watch over 46 minutes of a 60-minute webinar
- Every hour, 732 hours of ON24 webinars are watched
- Social media sites are accessed every 35 seconds in ON24 webinars
- Questions are asked every 47 seconds
"The ON24 Network isn't just about our products—the key is what it enables," Sharan explained. "Our webinar network provides the foundation for efficiently and cost-effectively distributing a significant amount of high-value information to a global audience."
About the ON24 Network
The ON24 Network is the world's largest webinar network. It leverages two redundant data centers and a network of global delivery partners to distribute massive amounts of information to millions of viewers. With new registrants joining every 1.8 seconds, the ON24 Network's audience is growing 30% each year. Over the last five years, the ON24 Network delivered 106,000 live webinars to more than 30 million viewers who watched over 27 million hours of content. According to Frost & Sullivan, ON24 is the web events industry leader, with 29% market share.
ON24 provides interactive, cloud-based solutions that drive outstanding results and return-on-investment. ON24 offers a broad and innovative product portfolio accessible from any device and supported by robust reporting and analytics. More than 800 organizations, including IBM, CA Technologies, Merck, Eli Lilly, JPMorgan Chase, Deloitte, Credit Suisse, Ernst & Young and SAP, rely on ON24. Applications for the ON24 platform include demand generation, product launches, sales enablement, talent development, internal meetings and user conferences. The company is headquartered in San Francisco, with offices throughout the world. For more information, visit http://www.on24.com.