Press release
MICE Market growth overview 2018 to 2023 including leading key players like Questex, LLC, CWT Meetings & Events, IBTM Events, BCD Meetings and Events, Capital Travel and Events
The MICE industry consists of organizers and suppliers that manage and deliver meetings, conferences, exhibitions, and other related events held to achieve a range of professional, business, cultural, or academic objectives. The growth of the MICE industry is driven by the surging presence of corporate industries, due to the massive increase in business activities such as client meetings, brand promotions, employee training activities & others.Moreover, rise in government initiatives to promote SMEs and liberalization of market entry to increase FDIs are anticipated boost the growth further. Other significant factors that promote the growth of the market are change in lifestyle of business travelers to seek leisure trips, rapid urbanization, and industrial growth.
Also, infrastructural development and continuous technological advancements fuel the growth. However, high cost associated with MICE events and uncertain global geopolitical conditions hamper market growth. Factors such as investments in infrastructural development and technological advancements are expected to provide lucrative opportunities for market growth.
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The major players profiled in the report are as follows:
Questex, LLC
CWT Meetings & Events
IBTM Events
BCD Meetings and Events
Capital Travel and Events
CiEvents
Conference Care Ltd.
The Freeman Company
ATPI Ltd.
Interpublic Group of Companies, Inc.
The global MICE industry is segmented based on event type into meetings, incentives, conventions, and exhibitions. The market is analyzed based on four regions into North America, Europe, Asia-Pacific, and LAMEA to understand its regional trends. The report highlights the drivers, restraints, opportunities, and growth strategies adopted by the key players to understand the dynamics and potential of the market. Key players operating in the global MICE industry are also profiled to provide a competitive landscape of the marketspace.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the MICE Industry with current and future trends to elucidate the imminent investment pockets in the market.
It presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
Porter’s Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers.
Market player positioning in the report provides a clear understanding of the position of leading companies.
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Table Of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: MICE Market by Event Type
Chapter 8: Mice Market by Geography
Chapter 6: Company Profiles
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