MICE Tourism Market Is Set to Fly High Growth in Years to Come : Meetings & Events, Cievents, Questex

The latest study released on the Global MICE Tourism Market by AMA Research evaluates market size, trend, and forecast to 2028. The MICE Tourism market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Key Players in This Report Include:
ATPI (India), Capita Travel and Events (United Kingdom), IBTM Events (Spain), CWT Meetings & Events (United States), Interpublic Group (United States), BCD Meetings and Events (United States), Cievents (Australia), Grass Roots Meetings and Events (United Kingdom), Questex (United States).

Definition:
MICE industry offers tourism services in which 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. MICE industry growth shall have a positive impact in the growth of businesses, cities, destinations, and other covered spectrums. According to expertise, The estimated global market size for MICE is 808 Bn USD for the year 2017. The industry is growing at a blistering pace of 7.5% per annum and is expected to touch 1200 Bn in 5 years’ time from now. According to AMA, the market for MICE Tourism is expected to register a CAGR of 7.5% during the forecast period to 2027. This growth is primarily driven by There has been a surge in presence of corporate industries all around the globe. This has increased the frequency of business activities such as client meetings, brand promotions, and employee training activities and has supplemented the growth of global MICE industry.

Market Opportunities:
lnvestments in infrastructural development and technological advancements are expected to provide avenues for growth in the coming future.

Market Trends:
Increasing infrastructural development and continuous technological advancements in emerging nations

Market Drivers:
There has been a surge in presence of corporate industries all around the globe. This has increased the frequency of business activities such as client meetings, brand promotions, and employee training activities and has supplemented the growth of global

The Global MICE Tourism Market segments and Market Data Break Down are illuminated below:
by Type (Inbound Meetings, Incentives, Conferences, Exhibitions), Application (Hotel, Traffic, Retail, Entertainment), Channel (Direct Sales, Distributor)

Global MICE Tourism market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

What can be explored with the MICE Tourism Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyze and Measure the Global MICE Tourism Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in MICE Tourism
• Understand the Competitive Scenarios
o Track Right Markets
o Identify the Right Verticals

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
-To carefully analyze and forecast the size of the MICE Tourism market by value and volume.
-To estimate the market shares of major segments of the MICE Tourism
-To showcase the development of the MICE Tourism market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the MICE Tourism market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the MICE Tourism
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the MICE Tourism market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:

MICE Tourism Market Study Coverage:
It includes major manufacturers, emerging player's growth story, and major business segments of MICE Tourism market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.

MICE Tourism Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
MICE Tourism Market Production by Region MICE Tourism Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in MICE Tourism Market Report:
MICE Tourism Overview, Definition and Classification Market drivers and barriers
MICE Tourism Market Competition by Manufacturers
Impact Analysis of COVID-19 on MICE Tourism Market
MICE Tourism Capacity, Production, Revenue (Value) by Region (2022-2028)
MICE Tourism Supply (Production), Consumption, Export, Import by Region (2022-2028)
MICE Tourism Production, Revenue (Value), Price Trend by Type {Inbound Meetings
Incentives
Conferences
Exhibitions

}
MICE Tourism Market Analysis by Application {Hotel
Traffic
Retail
Entertainment}
MICE Tourism Manufacturers Profiles/Analysis MICE Tourism Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing

Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
How feasible is MICE Tourism market for long-term investment?
What are influencing factors driving the demand for MICE Tourism near future?
What is the impact analysis of various factors in the Global MICE Tourism market growth?
What are the recent trends in the regional market and how successful they are?

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