Global MICE Market 2020-2024
Technavio has been monitoring the mice market and it is poised to grow by $ 38.45 bn during 2020-2024 progressing at a CAGR of 2% during the forecast period. Our reports on mice market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing contribution toward GDP and employment and digitalization of travel payments. In addition, growing contribution toward GDP and employment is anticipated to boost the growth of the market as well.
The mice market analysis includes type segment and geographical landscapes
Technavio's mice market is segmented as below:
By Type
- Meeting
- Incentive
- Exhibition
- Convention
By Geographical Landscapes
- North America
- Europe
- APAC
- MEA
- South America
This study identifies the high impact of MICE on employees as one of the prime reasons driving the mice market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our mice market covers the following areas:
- Mice market sizing
- Mice market forecast
- Mice market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mice market vendors that include ATPI Ltd., BCD Group, Capita Travel and Events, CWT Global BV, Flight Centre Travel Group Ltd., IBTM Events, Maritz Holdings Inc., Questex, The Freeman Co., and The Interpublic Group of Companies Inc.. Also, the mice market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.