Press release
MICE Industry will increase from its value of $1,337.4 Billion in 2028 At 21.3% CAGR major key players Maritz , BI Worldwide Ltd, Meetings and Incentives Worldwide Inc. (M&IW)
The global MICE industry size is expected to reach $1,337.4 billion by 2028 at a CAGR of 21.3% from 2021 to 2028.
Request Sample Report: https://www.alliedmarketresearch.com/request-sample/2433
Rise in the emergence of corporate industries and increase in government initiatives to promote SMEs &FDIs are expected to push the global MICE market. However, the COVID-19 pandemic has negatively impacted the MICE market due to global travel restrictions, uncertain business environment, and dependability on online platforms to conduct events. By region, Europe, followed by Asia-Pacific and North America is expected to lead the market.
The global MICE industry is segmented on the basis of event type and region. Depending on event type, it is divided into meeting, incentive, convention, and exhibition. The market is analyzed across North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa 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 market.
Based on event type, the meeting segment contributed to the highest market share in 2017, attributing to more than three-fifths of the total market share, and is anticipated to dominate the market during the forecast period. On the other hand, the incentive segment is expected to manifest the fastest CAGR of 24.1% from 2021-2028.
Based on region, Asia-Pacific is expected to witness the highest growth rate of 8.6% during the forecast period. This region is significantly driven by emerging countries such as Singapore, China, and India. Moreover, ease of visa restrictions, investments in better infrastructure, and high demand in commercial aviation further fuel the growth of the MICE industry.
Buy Now :- https://www.alliedmarketresearch.com/checkout-final/c77340fee843f0cb054c476619d3872c
COVID-19 scenario:
The pandemic imposed strict lockdown regulations that resulted in a partial or complete ban on travel across the world. As a result, all the MICE events during 2020 were either cancelled or postponed hampering the global MICE industry.
During the pandemic online and ICT platforms such as Zoom and Google Meet gained traction. Companies started using these platforms to conduct MICE events. This trend is expected to have a long-term impact on the MICE market.
Key players of the global MICE market analyzed in the research include:
• Maritz
• BI Worldwide Ltd.
• ITA Group Inc
• One10 LLC
• Meetings and Incentives Worldwide Inc. (M&IW)
• Creative Group Inc.
• ACCESS Destination Service
• 360 Destination Group
• CSI DMC
• Carlson Wagonlit Travel
• IBTM
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2433
Contact Us
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | Twitter | LinkedIn |
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release MICE Industry will increase from its value of $1,337.4 Billion in 2028 At 21.3% CAGR major key players Maritz , BI Worldwide Ltd, Meetings and Incentives Worldwide Inc. (M&IW) here
News-ID: 3325515 • Views: …
More Releases from Allied market research
Horse Betting Market's CAGR Surge: A USD Billion Dollar Growth Story 2022 - 2032
Horse betting, one of the oldest forms of bet, has evolved dramatically over the centuries. From its origins in ancient civilizations to the high-tech, data-driven industry it is today, the horse betting market has adapted to cultural, technological, and economic shifts. This article explores the current landscape of the horse betting market, its challenges, opportunities, and the factors driving its growth.
The horse betting market was valued at $44.3 billion in…
Password Management Market Growing at a 20.7% CAGR Reach USD 15.2 Billion by 203 …
Allied Market Research published a new report, titled, " Password Management Market Growing at a 20.7% CAGR Reach USD 15.2 Billion by 2032 ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and…
Cloud Artificial Intelligence Market Growing at 35.8% CAGR Reach USD 887 Billion …
Allied Market Research published a new report, titled, "Cloud Artificial Intelligence Market Growing at 35.8% CAGR Reach USD 887 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine…
Microserver Market Growing at 15.8% CAGR Reach USD 122.4 Billion by 2032
Allied Market Research published a new report, titled, "Microserver Market Growing at 15.8% CAGR Reach USD 122.4 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps to…
More Releases for MICE
Humanized Mice Model Market - From Mice to Medicine: Redefining Research with Im …
Newark, New Castle, USA - new report, titled Humanized Mice Model Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Humanized Mice Model market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Humanized Mice Model market. The report offers an overview of…
Thailand MICE Forum 2019 Brings World's MICE Leaders Together
Bangkok, 25 September 2019 – The Thailand Convention and Exhibition Bureau (TCEB) recently successfully staged the Thailand MICE Forum 2019 and for the first time brought together leaders of the world's top MICE organisations under one roof in Bangkok, helping to drive Thailand towards its goal of becoming Asia's top MICE destination.
In just its third year, the event attracted leaders of the world's most prominent MICE associations including Mr. Philip…
Mice Model Market (Type - Transgenic Mice Model, Knockout Mice Model, Carcinogen …
Biomedical research has taken a front seat in the healthcare and pharmaceutical industries, to a point where a nation’s research and development landscape can be gauged by its level of investment in biomedical research. The past decade has consequently witnessed a staggering rise in biomedical research in most countries, both developed and developing. A significant part of this research investment typically goes into animal models, more specifically, mice models. This…
Global Mice Model Market |mice model, transgenic mice, knockout mice, knockout m …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Mice Model Market “
Mouse is a popular model system because it is a mammal with sophisticated genetic tools and significant genetic resources. The prospect of the mice as a model for exploring human pathophysiology and disease progression and for developing drugs is…
Mice Model Market: Mice Model Usage Increases in Scope Through Advanced Models
Biomedical research has taken a front seat in the healthcare and pharmaceutical industries, to a point where a nation’s research and development landscape can be gauged by its level of investment in biomedical research. The past decade has consequently witnessed a staggering rise in biomedical research in most countries, both developed and developing. A significant part of this research investment typically goes into animal models, more specifically, mice models. This…
Mice Model Market - Development of mice models of human diseases has progressed …
Mouse is a popular model system because it is a mammal with sophisticated genetic tools and significant genetic resources. The prospect of the mice as a model for exploring human pathophysiology and disease progression and for developing drugs is likely to be further widened by the introduction of new models such as immunedeficient and humanizing mouse in which human tissues and cells or genes are reconstituted. With 99% of their…
