Meetings, Incentives, Conferences, and Exhibitions (MICE) Market Up-To-Date Development Data And Industry Trends Forecast From 2022 to 2028 |

Conference Management 101: A Complete Guide

โฉ ๐—ฆ๐˜‚๐—บ๐—บ๐—ฎ๐—ฟ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ โ€“ Global Meetings, Incentives, Conferences and Exhibitions (MICE) Market, by event type (exhibitions, meetings, conferences and incentives), by industry (IT, healthcare, manufacturing and automotive), by end-user (private groups, corporate and government agencies) and by region (North America). , Europe, Asia Pacific, , Latin America, Middle East and Africa), is expected to grow at a CAGR of XX% during the forecast period (2021-2028) as mentioned in a new report published by Coherent Market Insights.

โฉ market overview

MICE events are a major source of seasonal revenue for many cities around the world. They’re also a great way to increase productivity. Meetings are often organized as an incentive to motivate employees and improve business processes. Business owners or an incentive travel agency can find a MICE event that suits their needs. In addition to meeting requirements, MICE events often involve a variety of other business functions. The main goal of incentive travel is to control the costs for the sponsoring company while providing motivating opportunities for the participants. These events usually also include services for other MICE professionals. MICE events are valuable resources for learning about the latest business travel trends and practices.

โœ… ๐—š๐—ฒ๐˜ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† :

โฉ market driver

The global meetings, incentives, conferences and exhibitions (MICE) market is growing due to an increasing corporate presence driven by a proliferation of business activities such as client meetings, brand promotion, employee training and others.

In addition, increased government efforts to support SMEs and market liberalization to increase FDI are expected to drive the growth of the global meetings, incentives, conferences and exhibitions (MICE) market even further.

โฉ ๐— ๐—ฎ๐—ท๐—ผ๐—ฟ ๐—ž๐—ฒ๐˜† ๐—ฝ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ถ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜:

Maritz Holdings Inc., BI Worldwide, ITA Group, ONE 10, Meetings and Incentives Worldwide Inc., Creative Group, Access Destination Services, 360 Destination Group, CSI DMC, CWT, Reed Exhibitions Ltd, BCD Group, Corporate and Leisure Events and ATPI ltd

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โฉ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ ๐—ฏ๐˜† ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜:

The study examined the product and application niches. The researchers have recorded what is now offered on the Meetings, Incentives, Conferences, and Exhibitions (MICE) Market. They have also provided information on the latest product launches and developments by major companies. In the segmentation analysis, researchers presented revenue projections for the years 2021-2027 based on type and application. Furthermore, they talked about the potential and growth rate of each segment from 2021 to 2027.

โœ… ๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ผ๐—ณ

โฉ Summary of the consequences of COVID-19

The outbreak of COVID-19 posed a significant threat to the global meetings, incentives, conferences and exhibitions (MICE) market. Travel and tourism have been partially or fully banned due to the strict lockdown laws. The majority of tourist destinations around the world have imposed access restrictions on visitors. As a result, all MICE events scheduled for 2020 were either canceled or postponed, causing significant harm to MICE attendees.

โฉ ๐—ง๐—ต๐—ฒ ๐—ณ๐—ผ๐—น๐—น๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐—น๐—ถ๐˜€๐˜ ๐—ผ๐—ณ Meetings, Incentives, Conferences and Exhibitions (MICE) market. ๐—ณ๐—ฎ๐—ฐ๐˜๐—ผ๐—ฟ๐˜€ ๐—ถ๐˜€ ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ถ๐—ฑ๐—ฒ๐—ฑ ๐—ถ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฟ๐—ฒ๐—ฝ๐—ผ:

1. Key Strategic Developments in the Global Meetings, Incentives, Conferences, and Exhibitions (MICE) Market: The research includes the key strategic initiatives of the leading market players operating at global and regional levels such as R&D plans, finalized M&A agreements, new launches, collaborations, partnerships and (JV) joint ventures, and regional expansion.

2. Market Features of Global Meetings, Incentives, Conferences, and Exhibitions (MICE) Market: This section of the report highlights key market characteristics in the global Meetings, Incentives, Conferences, and Exhibitions (MICE) Market, including revenue, weighted regional average price, capacity utilization, production rate, gross margin, consumption, import and export, supply and demand, cost benchmarking, Market Share, CAGR and Gross Margin.

3. Analytical Market Approach & Highlights: The market analysis provides details about the major market players and the scope of their activities in the industry using a number of analytical approaches. For example, feasibility studies, SWOT analysis, ROI analysis and Porter’s Five Forces Analysis have been used to analyze the development of the key market players.

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โฉ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ ๐—ฏ๐˜† ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป:

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions:

The study examines the Middle East, Africa, Central and South America, Asia, Europe, North America and the Pacific. The experts in this part of the study examined a variety of industries that are evolving and could offer prospects for lucrative growth for manufacturers in the future. Sales and revenue forecasts by country and territory for the years 2021-2027 are also included in the study.

๐Ÿ“Œ ๐—ง๐—ต๐—ฒ ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐˜€ (United States, Canada)

๐Ÿ“Œ ๐—”๐˜€๐—ถ๐—ฎ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฃ๐—ฎ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ (China, Japan, India, South Korea, Australia, Indonesia, others)

๐Ÿ“Œ ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ (Germany, France, UK, Italy, Spain, Russia, others)

๐Ÿ“Œ ๐—ฆ๐—ผ๐˜‚๐˜๐—ต ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ (Brazil, Mexico, others)

๐Ÿ“Œ ๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐—ป ๐—ฎ๐—ป๐—ฑ ๐— ๐—ถ๐—ฑ๐—ฑ๐—น๐—ฒ ๐—˜๐—ฎ๐˜€๐˜๐—ฒ๐—ฟ๐—ป ๐—ฟ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป

โฉ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐— ๐—ฒ๐˜๐—ต๐—ผ๐—ฑ๐—ผ๐—น๐—ผ๐—ด๐˜†:

The Meetings, Incentives, Conferences, and Exhibitions (MICE) market relies heavily on specific plans offered by knowledgeable data analysts. As a part of research technique, analysts gather data before carefully analyzing and filtering it to produce meaningful forecasts for the Meetings, Incentives, Conferences, and Exhibitions (MICE) Market forecast period. The Meetings, Incentives, Conferences, and Exhibitions (MICE) market research process also includes interviews with key market influencers, making the primary research relevant and helpful. For the MICE (Meetings, Incentives, Conferences, and Exhibitions) market, secondary technology provides a clear picture of the relationships between market supply and demand. For detailed information and an overview of the entire Meetings, Incentives, Conferences, and Exhibitions (MICE) market, see the Meetings, Incentives, Conferences, and Exhibitions (MICE) Market met of the report.

โœ… ๐—–๐—น๐—ถ๐—ฐ๐—ธ ๐—›๐—ฒ๐—ฟ๐—ฒ ๐—•๐˜‚๐˜† ๐—ง๐—ต๐—ถ๐˜€ ๐—–๐—ผ๐—บ๐—ฝ๐—ฟ๐—ฒ๐—ต๐—ฒ๐—ป๐˜€๐—ถ๐˜ƒ๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ :

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โฉ The central theses

  • The global Meetings, Incentives, Conferences, and Exhibitions (MICE) market is projected to grow at a CAGR of X percent during the forecast period as mental and physical illnesses among employees increase due to inactive lifestyles. For example, Tencent Holdings Limited announced in January 2022 that its WeChat platform had 450 million users in 2021.

  • North America dominated the global meetings, incentives, conferences, and exhibitions (MICE) market in 2019, due to the large number of corporate offices and wide adoption of staff training solutions in the region.

  • Due to the growing IT sector in countries like India and China, the global meetings, incentives, conferences and exhibitions (MICE) market in Asia-Pacific is expected to grow rapidly.

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—–๐—ผ๐—ต๐—ฒ๐—ฟ๐—ฒ๐—ป๐˜ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€

Coherent market insights is a global market research and consulting organization focused on helping our multitude of clients achieve transformative growth by helping them make critical business decisions. We are headquartered in Indiawith office in global finance capital in which US and Sales Advisor in United Kingdom and Japan. Our customer base includes players from various industries in over 32 countries worldwide. We are uniquely positioned to help companies around the world achieve practical and lasting results through diverse recommendations on operational improvements, technologies, emerging market trends and new ways of working. We pride ourselves on serving clients across the length and breadth of horizons, from Fortune 500 companies to nonprofits to startups looking to break into the marketplace. We meticulously examine emerging trends across multiple industries on both a global and regional scale to identify new opportunities for our clients.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐˜€

Lord Shah

Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, USA

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