Meetings, Incentives, Conferences and Exhibitions (MICE) Market | Size | Analysis | Share | Outlook to 2025

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MarketResearchNest.com adds “Global Meetings, Incentives, Conferences and Exhibitions (MICE) Market Size, Status and Forecast 2019-2025” new report to its research database. The report spread across 95 with table and figures in it.

Meetings, incentives, conventions, and exhibitions or MICE represent 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 and 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.

This report studies the Meetings, Incentives, Conferences and Exhibitions (MICE) Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Meetings, Incentives, Conferences and Exhibitions (MICE) market analysis segmented by companies, region, type and applications in the report.

In 2018, the global Meetings, Incentives, Conferences and Exhibitions (MICE) market size was – – million US$ and it is expected to reach – – million US$ by the end of 2025, with a CAGR of – -% during 2019-2025.

This report focuses on the Global Meetings, Incentives, Conferences and Exhibitions (MICE) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Meetings, Incentives, Conferences and Exhibitions (MICE) development in United States, Europe and China.

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The key players covered in this study:

  • Questex
  • CWT Meetings and Events
  • IBTM Events
  • BCD Meetings and Events
  • Capital Travel and Events
  • CiEvents
  • Conference Care
  • The Freeman
  • ATPI
  • Interpublic Group of Companies

Market segment by Type, the product can be split into

  • Meetings
  • Incentives
  • Conventions
  • Exhibitions

Market segment by Application, split into

  • Academic Field
  • Business Field
  • Political Field
  • Others

Market segment by Regions/Countries, this report covers

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central and South America

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Highlights of the Global Meetings, Incentives, Conferences and Exhibitions (MICE) report:

  1. A complete backdrop analysis, which includes an assessment of the Meetings, Incentives, Conferences and Exhibitions (MICE) Market
  2. An objective assessment of the trajectory of the market
  3. Market segmentation up to the second or third level
  4. Reporting and evaluation of recent industry developments
  5. Important changes in market dynamics
  6. Emerging niche segments and regional markets
  7. Historical, current, and projected size of the market from the standpoint of both value and volume
  8. Market shares and strategies of key players
  9. Recommendations to companies for strengthening their foothold in the market

The study objectives of this report are:

  • To analyze global Meetings, Incentives, Conferences and Exhibitions (MICE) status, future forecast, growth opportunity, key market and key players.
  • To present the Meetings, Incentives, Conferences and Exhibitions (MICE) development in North America, Europe, China and Japan.
  • To strategically profile the key players and comprehensively analyze their development plan and strategies.
  • To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Meetings, Incentives, Conferences and Exhibitions (MICE) are as follows:

  • History Year: 2014-2018
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year 2019 to 2025

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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Industry Analysis

IT stands for information technology. It is all about organizing, storing and processing information. IT is mainly associated with computers that use network to share information. Telecommunication occurs when two devices communicate with each other with the use of technology. It can be signals transmitted electrically over physical media, such as cables, or via electromagnetic radiation.

The use of fiber optics has drastically improved the speed of communication. Networks are thousand times faster today than the previous phone connection internet which we earlier seem to make use of. Introduction of the Smart phones had brought up a revolutionary change in the lifestyle of people. There is a huge market for various types of smart phone applications. People are getting access to the IOT (internet of things) more easily than it was. There are Different kind of sensors fitted to the devices for example GPS, gyroscope, compass which has introduced different kinds of applications.

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