MICE Industry Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027

The report on the global MICE industry market provides qualitative and quantitative analysis for the period from 2019 to 2027. The report predicts the global MICE industry market to grow with a CAGR of 21.60% over the forecast period from 2021-2027. The study on the MICE industry market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2019 to 2027.



The report on MICE industry market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global MICE industry market over the period of 2019 to 2027. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global MICE industry market over the period of 2019 to 2027. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• Increasing number of corporate meetings and events from the business sector
• Growing acceptance of online travel agencies

2) Restraints

• High cost associated with MICE Events

3) Opportunities

• Technological development will enhance investment opportunities

Research Methodology

A) Primary Research

The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered

The global MICE industry market is segmented on the basis of event type, and application.

The Global MICE Industry Market by Event Type

• Meetings
• Incentives
• Conventions
• Exhibitions

The Global MICE Industry Market by Application

• Academic Field
• Business Field
• Political Fielda

Company Profiles

The companies covered in the report include

• Carlson Wagonlit Travel
• Meetings and Incentives Worldwide
• Creative Group, Inc.
• ACCESS Destination Service
• 360 Destination Group
• IBTM
• Capita Travel
• BCD Group
• Ci Events
• CONFERENCE CARE LTD.

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the MICE industry market.
2. Complete coverage of all the segments in the MICE industry market to analyze the trends, developments in the global market and forecast of market size up to 2027.
3. Comprehensive analysis of the companies operating in the global MICE industry market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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