by
According to Foreclaro Global Research, the Global
MICE Market size was valued at USD 896460 million in 2024. The report “Global MICE Market
Segmentation, By Event Type (Meetings, Incentives, Conferences, Exhibitions),
By Service Type (Venue Rentals {Convention Centres, Hotels & Resorts, Conference
Halls}, Accommodation, Transportation, Food & Beverages {In-event Catering,
Gala Dinners, On-site Restaurants}, Event Management & AV Services, Others),
By Booking Mode (Offline / Direct Booking, Online Booking), By End-User
Industry (Corporate / Business, Healthcare / Pharma, Finance & Banking, Technology,
Tourism & Hospitality)- Industry Trends and Forecast to 2033” gives a detailed insight into current market
dynamics and provides analysis on future market growth.
The MICE (Meetings, Incentives, Conferences,
and Exhibitions) enterprise is a key phase of the worldwide tour and tourism
marketplace, facilitating enterprise development, expertise exchange, and
expert networking. It features an extensive variety of prepared occasions which
include company meetings, incentive trips, large-scale conferences, and trade
exhibitions. MICE occasions function systems for organizations to show off
products, construct partnerships, and interact with worldwide audiences. The
marketplace is pushed through globalization, growing company tour budgets, and
growing demand for destination-primarily based totally experiences.
Technological advancements, which include hybrid event formats, virtual
registration systems, and immersive technologies, are reshaping how MICE
occasions are deliberate and executed. Furthermore, authoritie’s projects in
rising economies and investments in contemporary-day infrastructure are fueling
the quarter's expansion, in particular in Asia-Pacific and the Middle East.
Sustainability, personalization, and well-being integration have come to be
sizable trends, influencing event layout and execution. As a result, the MICE
enterprise is evolving into a dynamic, innovation-led quarter, important to
enterprise tourism and financial growth.
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Global MICE
Market Report Highlights
· Despite
setbacks from the COVID-19 pandemic, the worldwide MICE marketplace has
rebounded with robust momentum, in massive aspect pushed through way of
technique of pent-up business enterprise tour call for and resumed
massive-scale events.
· Combining
in-person or woman and digital factors has emerged as essential, permitting
organizers to boost reach, beautify attendee engagement, and achieve
cost-efficiency.
· Greener
practices, which incorporate paperless events, renewable energy, and carbon
offset obligations, are increasingly important, with stakeholders prioritizing
environmental responsibility.
· Locations
in Asia-Pacific, the Middle East, and Africa (e.g., Dubai, Singapore, Cape
Town) have turned out to be appealing because of upgraded infrastructure,
aggressive pricing, and robust authorities’ incentives.
· AI-pushed
matchmaking, event apps, AR/VR experiences, and real-time records analytics are
redefining attendee experience and occasion management efficiency.
· Incorporating
nicely being factors, which include wholesome dining, mindfulness sessions, and
health breaks, along with immersive cultural or amusement sports activities
sports is improving event price and attendee satisfaction.
Foreclaro
Global Research has segmented the MICE Market report based on Event Type, Service
Type, Booking Mode, End User Industry and region:
MICE
Market, Event Type Outlook (Revenue - USD Million, 2020 - 2033)
Meetings
Incentives
Conferences
Exhibitions
MICE
Market, Service Type Model Outlook (Revenue - USD Million, 2020 - 2033)
Venue
Rentals
• Convention Centers
• Hotels & Resorts
• Conference Halls
Accommodation
Transportation
Food &
Beverages
• In-event Catering
• Gala Dinners
• On-site Restaurants
Event
Management & AV Services
Others
MICE
Market, Booking Mode Outlook (Revenue - USD Million, 2020 - 2033)
Offline /
Direct Booking
Online
Booking
MICE
Market, End User Industry Outlook (Revenue - USD Million, 2020 - 2033)
Corporate /
Business
Healthcare
/ Pharma
Finance
& Banking
Technology
Tourism
& Hospitality
MICE
Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global MICE
Market Key Players
·
CWT
Meetings & Events
·
Maritz
·
Conference
Care
·
ATPI
Ltd.
·
FCM
Meetings & Events
·
Capita
plc
·
AVIAREPS
AG
·
Questex
·
Beyond
Summits
·
American
Express Global Business Travel (GBT)
·
Meetings
and Incentives Worldwide, Inc.
·
BCD
Meetings & Events
