Press release
Global Meetings, Incentives, Conventions, and Exhibitions (MICE) Market to grow at a CAGR of 6.93% during the period 2017-2021
The main objective of this report is to define, describe, and forecast the global “Meetings, Incentives, Conventions, and Exhibitions (MICE)” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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About Meetings, Incentives, Conventions, and Exhibitions (MICE)
Meetings, incentives, conferences, and exhibitions (MICE) are events and activities that involve attendees who share a common interest and gather in a place. The place for the gathering needs to be a venue arranged beforehand. The venue will provide space and facilities necessary to satisfy the needs of those who attend the gathering. MICE have been one of the most critical aspects of the global business travel market. It is used by the companies for various purposes such as marketing of new products that are being launched, discussing the performance of various verticals of the company operating across the globe, as well as attending conferences and seminars to motivate employees. The market has also demonstrated tremendous resilience by maintaining a slow and steady growth despite the increasing incidences of terrorist attacks and instability of economies worldwide during the forecast period.
Technavios analysts forecast the global meetings, incentives, conventions, and exhibitions (MICE) market to grow at a CAGR of 6.93% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global meetings, incentives, conventions, and exhibitions (MICE) market for 2017-2021. To calculate the market size, the report considers the revenue generated from the meetings, incentives, conventions, and exhibitions (MICE).
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Meetings, Incentives, Conventions, and Exhibitions (MICE) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Capita Travel and Events
CWT Meetings & Events
IBTM Events
Interpublic Group of Companies (IPG)
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Other prominent vendors
ATPI
BCD Meetings and Events
cievents
Freeman
Grass Roots Meetings and Events
Questex
Market driver
Digitalization of travel payments
For a full, detailed list, view our report
Market challenge
Threat from growing terrorism
For a full, detailed list, view our report
Market trend
Personalization of guest data
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 06: MARKET SIZING
Market definition
Market sizing 2016
Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 08: MARKET SEGMENTATION BY TYPE
Segmentation by type
Comparison by type
Meeting Market size and forecast 2016-2021
Incentive Market size and forecast 2016-2021
Exhibition Market size and forecast 2016-2021
Convention Market size and forecast 2016-2021
Market opportunity by type
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PART 09: MARKET SEGMENTATION BY PRODUCT
Segmentation by services
Comparison by service
Hospitality Market size and forecast 2016-2021
Transportation Market size and forecast 2016-2021
Retail Market size and forecast 2016-2021
Entertainment Market size and forecast 2016-2021
Market opportunity by service
PART 10: CUSTOMER LANDSCAPE
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