Meetings, Incentives, Conferences and Exhibitions (MICE) Market Research Report: Information by Region (Europe, Asia Pacific, North America and South America), Type and Application, Forecast to 2030
The Global Meetings, Incentives, Conferences and Exhibitions (MICE) Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
Meetings, incentives, conventions, and exhibitions or MICE represents a sector of tourism that includes business events and activities. Travelers attending MICE activities have a purpose beyond leisure tourism, and are in fact business travelers. These business travelers are connected to different sectors of the tourism and hospitality industry through their MICE activities. In general, MICE events are events and activities that involve attendees who share a common interest and gather in a place. The place for the gathering needs to be a venue arranged beforehand. The venue will provide space and facilities necessary to satisfy the needs of those who attend the gathering.
Asia-Pacific is expected to be the fastest growing segment during the forecast period, owing to the rapid growth in the business travel sector in recent decades. Furthermore, economic growth, regional cooperation, intellectual development, and high penetration of internet & technology in the densely populated countries are expected to boost the market growth in the region. Penetration of IoT supports both travelers and travel operators in managing different operations related to business travel such as planning, booking, and being updated with the current status of their travel program.
As the report focuses on global Meetings, Incentives, Conferences and Exhibitions (MICE) Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
This report focuses on Meetings, Incentives, Conferences and Exhibitions (MICE) volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Meetings, Incentives, Conferences and Exhibitions (MICE) market size by analysing historical data and future prospect.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Questex
CWT Meetings & Events
IBTM Events
BCD Meetings and Events
Capital Travel and Events
CiEvents
Conference Care
The Freeman
ATPI
Interpublic Group of Companies
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Meetings
Incentives
Conventions
Exhibitions
In Market segmentation by applications :
Academic Feild
Business Feild
Political Field
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Meetings, Incentives, Conferences and Exhibitions (MICE) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Meetings, Incentives, Conferences and Exhibitions (MICE) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Meetings, Incentives, Conferences and Exhibitions (MICE) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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