Meetings, Incentives, Conferences, and Exhibitions (MICE) Market 2021: Looking For New Opportunity

On the basis of region, the global MICE market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa. In 2018, Europe was the dominant region in the MICE market with 38% market share and is expected to hold the dominant position over the forecast period. According to International Congress and Convention Association, countries that hosted most number of meetings in Europe region include Germany, U.K., Spain, Italy, France, the Netherlands and have significant CAGR as 3% to 5% for the average number of meetings for the period 2015 to 2018.These mentioned countries dominated the meeting space market holding more than 250 meetings per annum. The presence of multi-billion dollar companies such as Royal Dutch cell and Volkswagen Group in Europe region have large number of employees and generally they choose venue location nearby to their headquarters. The presence of multi-billion dollar companies increases the number of business activities held in these regions, which is fuelling the growth of the MICE market in Europe region.

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To provide information on the competitive landscape, this report includes detailed profiles of major key players of the Meetings, Incentives, Conferences, and Exhibitions (MICE) Market Industry: 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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• This report covers product portfolios of the top company players.
• Review on competitive assessment, new products launch, and geographical development.

Market Dynamics Drivers and Restraints Opportunities:-
The increased sales of automobiles all across the globe are expected to augment the growth of the global Meetings, Incentives, Conferences, and Exhibitions (MICE) Market market. Moreover, an increase in disposable income among individuals especially in developing nations is expected to create propulsion in the global market. In addition, the Optical research report also offers a deep analysis of the recently adopted growth strategies and development plans of the industry. This report explores all the key factors affecting the growth of the Meetings, Incentives, Conferences, and Exhibitions (MICE) Market market including supply and demand scenario, pricing structure, profit margins.
 
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