Press release
Thailand MICE and Mega Event Opportunity To Grow and Exceed $12.23 Billion Valuation, With Growing CAGR of 11.63% by 2027
The Thailand MICE and mega event market size generated revenue of $6.93 billion in 2019, and is expected to grow at a CAGR of 11.63% to reach $12.23 billion by 2027. The term MICE in the context of travel is an acronym for meetings, incentives, conferences, exhibitions, and mega event. MICE and mega events are events and activities that involve attendees who share a common interest. The venue for these events provide space and facilities necessary to meet the needs of those who attend the gathering. The MICE market refers to a specialized niche of group tourism dedicated to planning, booking, and facilitating conferences, seminars, and is the highest revenue contributor to the travel industry in Thailand. The MICE industry provides easy and convenient methods for organizing events, and helps choose the right destination, which is the basis of a successful event. The tourism sector has witnessed exponential growth in the MICE industry, owing to rapid globalization, expansion of service industries, and continuous evolution of scientific & technology.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ก๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/6517
Some sectors such as hotel and transportation are directly involved in the MICE industry. These industries may benefit from MICE business by offering their services and facilities to the planners and attendees of MICE events. Hotels are the key suppliers of MICE and mega events, and serve as the major beneficiaries. These business travelers are connected to different sectors of the tourism and hospitality industry through their MICE activities.
On the basis of event type, the market is categorized into meetings, incentives, conventions, exhibitions, and mega events. The exhibition segment is expected to exhibit a CAGR of 9.70% during the forecast period, due to the development of the travel & tourism industry, surge in international business travels, and rise in government initiatives for the development of MICE segment & SME sector.
Depending on source, the domestic segment accounted for a significant Thailand MICE and Mega Event Market share of 81.78% in 2019, and is expected to retain its dominance throughout the forecast period. However, the international segment is expected to register the highest CAGR of 22.09% during the forecast period, owing to increase in incentive travel plan by event management companies.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/6517
๐๐๐ฒ ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ฌ๐ญ๐ฎ๐๐ฒ :
โข The market was valued at $6.93 billion in 2019 and is estimated to reach $12.23 billion by 2027, growing at a CAGR of 11.63% throughout the forecast period.
โข Based on event type, the incentive segment is expected to witness rapid growth, registering a CAGR of 25.28% during the forecast period.
โข Based on source, the domestic segment held the highest share in the Thailand MICE and mega event market in 2019.
โข Exhibition event segment held the highest share in the Thailand MICE and Mega Event industry.
๐๐๐๐๐๐๐-๐๐๐๐ ๐๐ ๐ ๐๐ - ๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐๐ง ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/6814ae8dabf3db777666df7d8c1d3b75
๐๐๐๐ฌ๐จ๐ง๐ฌ ๐๐จ ๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐ก๐๐ข๐ฅ๐๐ง๐ ๐๐๐๐ ๐๐ง๐ ๐๐๐ ๐ ๐๐ฏ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
> Mergers and acquisitions should be well-planned by identifying the best manufacturer.
> Sort new clients or possible partners into the demographic you're looking for.
> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors.
๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐?
Q1. What will be the Thailand MICE and Mega Event Market Size From 2021 to 2027?
Q2. What is the CAGR of Thailand MICE and Mega Event Market?
Q3. How can I get sample report of Thailand MICE and Mega Event Market?
Q4. What is the Thailand MICE and Mega Event Market effecting factor?
Q5. What are the segments of Thailand MICE and Mega Event Market?
Q6. What would be forecast period in the market report?
Q7. How the major currents trends will be shape the market in the future?
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ "๐๐๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
UAE Event Services Market https://www.alliedmarketresearch.com/uae-event-services-market-A20639
US Event Services Market https://www.alliedmarketresearch.com/u-s-event-services-market-A20622
UK Event Services Market https://www.alliedmarketresearch.com/united-kingdom-event-services-market-A20628
Canada Event Services Market https://www.alliedmarketresearch.com/canada-event-services-market-A20621
๐๐จ๐ง๐ญ๐๐๐ญ :
๐๐๐ฏ๐ข๐ ๐๐จ๐ซ๐ซ๐๐
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 | LinkedIn | YouTube |
๐๐๐จ๐ฎ๐ญ ๐๐ฌ :
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 Thailand MICE and Mega Event Opportunity To Grow and Exceed $12.23 Billion Valuation, With Growing CAGR of 11.63% by 2027 here
News-ID: 3334657 • Views: โฆ
More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collectโฆ

Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโฆ

Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโฆ

Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโฆ
More Releases for MICE
Humanized Mice Model Market - From Mice to Medicine: Redefining Research with Im โฆ
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 ofโฆ
Thailand MICE Forum 2019 Brings World's MICE Leaders Together
Bangkok, 25 September 2019 โ 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. Philipโฆ
Mice Model Market (Type - Transgenic Mice Model, Knockout Mice Model, Carcinogen โฆ
Biomedical research has taken a front seat in the healthcare and pharmaceutical industries, to a point where a nationโs 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. Thisโฆ
Global Mice Model Market |mice model, transgenic mice, knockout mice, knockout m โฆ
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 โMice Model Market โ
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 isโฆ
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 nationโs 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. Thisโฆ
Mice Model Market - Development of mice models of human diseases has progressed โฆ
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 theirโฆ