"The event will receive 70,469 participants from 163 countries, with a large number of visitors coming from the United Kingdom, Germany, Brazil and the United States, among others," Web Summit said.

"This year gender parity also surpassed all editions of the Web Summit, with 46.3% of women participants,” they added.

The fourth edition of the Web Summit in Portugal will have 1,206 speakers who will speak on the 22 stages distributed throughout the event venue.

Founded in 2010 by Paddy Cosgrave, Daire Hickey and David Kelly, the Web Summit is considered one of the world's largest events in technology, innovation and entrepreneurship and has evolved in less than six years from a team of only three people to a company with over 150 employees.

The technology summit, which began in 2010 in Ireland, has been held in Lisbon since 2016 and will remain in the capital until 2028, after a decision was made in November last year to keep the conference in Portugal for another 10 years, after a successful application.

The event takes place in Lisbon between 4 and 7 November.