Press release
Saudi Arabia Meetings, Incentives, Conferences and Exhibitions (MICE) Market Sector Analysis, Market Trends, and Growth Overview Report 2024 - 2031 | General Entertainment Authority, Al Hokair Group
Saudi Arabia meetings, incentives, conferences and exhibitions (MICE) market is estimated to be valued at USD 2.59 Bn in 2024 and is expected to reach USD 5.49 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 11.3% from 2024 to 2031.The latest market intelligence report published by CMI with the title "Global Saudi Arabia Meetings, Incentives, Conferences and Exhibitions (MICE) Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Information and Communication Technology industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.
The Research report on Saudi Arabia Meetings, Incentives, Conferences and Exhibitions (MICE) Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
Do you think, if this report could be of your interest? If yes, request Sample Copy of this Report: https://www.coherentmarketinsights.com/insight/request-sample/6477
*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.
***key Trends***
Government Support and Initiatives: Strong support from the Saudi government for the MICE sector as part of Vision 2030, which aims to diversify the economy and position Saudi Arabia as a global business and tourism hub.
Investment in Infrastructure: Significant investments in infrastructure development, including state-of-the-art convention centers, exhibition halls, and hotels, to enhance the country's capabilities to host large-scale international events.
Growth in Business Tourism: Increasing focus on attracting international conferences, exhibitions, and incentive travel, driven by the growing reputation of Saudi Arabia as a desirable destination for business events.
Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):
By Event Type:
Corporate Meetings
Conferences
Exhibitions
Incentive Travels
Others
By Revenue Source:
Delegate Registration Fees
Exhibit Space Rental
Sponsorships
Accommodation
Transportation
Others
By Enterprises Size:
Large Enterprises
Small & Medium Enterprises
By Industry:
Pharmaceuticals
IT & Telecom
Banking, Financial Services and Insurance
Automotive
Construction
Energy & Utilities
Others
• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
Following are the players analyzed in the report:
Elegant Events, MICE Arabia, Nadd Al Shiba PR & Event Management, Zahid Travel Group, Cozmo Travel, Al Tayyar Group, General Entertainment Authority, Al Hokair Group, Saudi Commission for Tourism and National Heritage, Tetrapylon
Want to access more insights? The journey starts from requesting Sample: https://www.coherentmarketinsights.com/insight/request-sample/6477
*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.
Deep-dive Analysis:
The Report provides deep-dive qualitative and quantitative analysis on Saudi Arabia Meetings, Incentives, Conferences and Exhibitions (MICE) Market for all the regions and countries covered below:
● North America (the United States, Canada, and Mexico
● Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
● Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
● South America (Brazil, Argentina, and Rest of South America)
● Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
Each Country is covered in detail, and report provides qualitative and quantitative analysis on Saudi Arabia Meetings, Incentives, Conferences and Exhibitions (MICE) Market on each country.
The research provides answers to the following key questions:
1.What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2.What are the key driving forces responsible for shaping the fate of the Saudi Arabia Meetings, Incentives, Conferences and Exhibitions (MICE) market during the forecast period?
3.Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Saudi Arabia Meetings, Incentives, Conferences and Exhibitions (MICE) market?
4.What are the prominent market trends influencing the development of the Saudi Arabia Meetings, Incentives, Conferences and Exhibitions (MICE) market across different regions?
5.What are the major threats and challenges likely to act as a barrier in the growth of the Saudi Arabia Meetings, Incentives, Conferences and Exhibitions (MICE) market?
6.What are the major opportunities the market leaders can rely on to gain success and profitability?
Get access to the latest Edition of this Market Study (comprising 150+ pages): https://www.coherentmarketinsights.com/insight/buy-now/6477
Key insights provided by the report that could help you take critical strategic decisions?
● Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
● Reports provide opportunities and threats faced by suppliers in the Saudi Arabia Meetings, Incentives, Conferences and Exhibitions (MICE) and tubes industry around the world.
● The report shows regions and sectors with the fastest growth potential.
●A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
●The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
●This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
●This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
Author of this marketing PR:
Priya Pandey is a dynamic and passionate PR writer with over three years of expertise in content writing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes writing contents and documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
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