Report cover image

Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market

Publisher Coherent Market Insights
Published Jan 11, 2024
Length 160 Pages
SKU # CMI18533542

Description

Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market, By Event Type (Meetings, Incentives, Conferences, Exhibitions & Trade Shows, Others), By Facility Size (Large (more than 1,00,000 sq. ft.), Medium (50,000 - 1,00,000 sq. ft.), Small (less than 50,000 sq. ft.)), By Venue Type (Hotels, Convention & Exhibition Centers, Unique Venues, Others), By Attendee Origin (Domestic, International, Others), By Revenue Source (Participant Fees, Sponsorships, Exhibit Fees, Others)


Meetings, Incentives, Conferences, and Exhibitions (MICE) play a crucial role in today's global business landscape. These events provide opportunities for businesses and organizations to foster connections, collaborate, and showcase their products and services on a large scale. The significance of Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market has grown rapidly over the years, making it a prominent part of the global economy.

Market Dynamics:

The Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market has witnessed remarkable growth in recent years, propelling it to become one of the most sought-after destinations for business events in the Asia Pacific region. The city-state boasts state-of-the-art facilities and a well-developed infrastructure to accommodate various types of MICE events. Some of the prominent venues in Singapore include Suntec Singapore, Marina Bay Sands, Singapore EXPO, and Raffles City Convention Centre, among others.

Several factors drive the growth of Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market. Firstly, Singapore provides excellent connectivity, with its world-class Changi Airport serving as a major regional hub. This accessibility attracts international delegates and exhibitors, enhancing the global appeal of the MICE events held in the country. Additionally, the country offers a safe and reliable business environment, making it an ideal choice for hosting conferences and meetings.

While Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market presents vast opportunities, it is not without challenges. The intense competition from other global MICE destinations necessitates continuous innovation and differentiation. Moreover, geopolitical and economic uncertainties can impact travel and business confidence, affecting the overall demand for MICE events.

Key Features of the Study:
  • This report provides an in-depth analysis of the Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Suntec Singapore, Resorts World Convention Centre, Marina Bay Sands, Singapore EXPO Convention and Exhibition Centre, Raffles City Convention Centre, Singapore International Convention & Exhibition Centre, Changi Exhibition Centre, One Farrer Hotel & Spa, Grand Copthorne Waterfront Hotel, Capella Singapore, PARKROYAL on Beach Road, M Social Hotel Singapore, The Ritz-Carlton Millenia Singapore, InterContinental Singapore, and Shangri-La Hotel
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market
Detailed Segmentation:
  • Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market by Event Type:
  • Meetings
  • Incentives
  • Conferences
  • Exhibitions & Trade Shows
  • Others
  • Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market by Facility Size:
  • Large (more than 100,000 sq. ft.)
  • Medium (50,000 - 100,000 sq. ft.)
  • Small (less than 50,000 sq. ft.)
  • Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market by Venue Type:
  • Hotels
  • Convention & Exhibition Centers
  • Unique Venues
  • Others
  • Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market by Attendee Origin:
  • Domestic
  • International
  • Others
  • Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market by Revenue Source:
  • Participant Fees
  • Sponsorships
  • Exhibit Fees
  • Others
  • Top Companies in the Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) Market
  • Suntec Singapore
  • Resorts World Convention Centre
  • Marina Bay Sands
  • Singapore EXPO Convention and Exhibition Centre
  • Raffles City Convention Centre
  • Singapore International Convention & Exhibition Centre
  • Changi Exhibition Centre
  • One Farrer Hotel & Spa
  • Grand Copthorne Waterfront Hotel
  • Capella Singapore
  • PARKROYAL on Beach Road
  • M Social Hotel Singapore
  • The Ritz-Carlton Millenia Singapore
  • InterContinental Singapore
  • Shangri-La Hotel

Table of Contents

160 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Event Type
Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Facility Size
Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Venue Type
Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Attendee Origin
Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Revenue Source
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Government support and initiatives
Seasonality of demand
Hybrid Events
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Event Type, 2023-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Event Type
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Incentives
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Conferences
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Exhibitions & Trade Shows
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
6. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Facility Size, 2023-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Large (more than 1,00,000 sq. ft.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Medium (50,000 - 1,00,000 sq. ft.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Small (less than 50,000 sq. ft.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
7. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Venue Type, 2023-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Venue Type
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Convention & Exhibition Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Unique Venues
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
8. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Attendee Origin, 2023-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Domestic
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
International
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
9. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Revenue Source, 2023-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Participant Fees
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Sponsorships
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Exhibit Fees
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
10. Competitive Landscape
Suntec Singapore
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Resorts World Convention Centre
Marina Bay Sands
Singapore EXPO Convention and Exhibition Centre
Raffles City Convention Centre
Singapore International Convention & Exhibition Centre
Changi Exhibition Centre
One Farrer Hotel & Spa
Grand Copthorne Waterfront Hotel
Others
Analyst Views
11. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market” - Global forecast to 2030

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us