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Description
MICE Industry Growth, Trends and Analysis Forecast - 2030The global MICE Industry size is predicted to garner USD 1. 78 billion by 2030, with a CAGR of 6. 1%. MICE stands for Meetings, Incentives, Conferences, and Exhibitions. The MICE industry is a specialized niche of group tourism committed to booking, planning, manage & deliver meetings, seminars, exhibitions, and other events. Download FREE Sample: https: www. nextmsc. com mice industry request sample The MICE industry is booming due to market dynamics
The global MICE Industry size is predicted to garner USD 1.78 billion by 2030, with a CAGR of 6.1%. MICE stands for Meetings, Incentives, Conferences, and Exhibitions. The MICE industry is a specialized niche of group tourism committed to booking, planning, manage & deliver meetings, seminars, exhibitions, and other events.
Download FREE Sample: https://www.nextmsc.com/mice-industry/request-sample
The MICE industry is booming due to market dynamics such as worldwide growth of the corporate sector, augmentation in Foreign Direct Investment (FDI) activities, proliferating Small and Medium Scale Enterprises, as well as increasing trends towards the adoption of AI & IoT at global level. Besides, a consistent increase in global tourism is expected to drive the growth of the industry in the future.
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Europe region is expected to hold the highest market share in the MICE industry over the forecast period owing to the increase in meeting activities, increased adoption of smart devices on a wide scale along with the rise in penetration of the internet in the region.
Asia-Pacific is expected to grow at the highest CAGR, accounting for a substantial market share. This is attributed to the increase in tourism and business activities in the MICE industry, supporting government regulations, and higher adoption of AI & IoT.
The highly competitive MICE industry consists of several key players, such as Conference Care Ltd, BI Worldwide, Ltd., ITA Group, BCD Group, One10, LLC Meetings and Incentives Worldwide (M&IW), ACCESS Destination Service, 360 Destination Group, CSI DMC, Maritz, Cievents, the Freeman Company, IBTM, ATPI Ltd, Carlson Wagonlit Travel, Creative Group, Inc., and the Interpublic Group of Companies, Inc., and others.
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