0

MICE Tourism Market: Current Analysis and Forecast (2021-2027)

Region:Global

Author(s):

Product Code:UMME21261

Download Sample Report download
Buy the Full ReportStarting from $3500
Published on

June 2021

Total pages

116

Table of Content

Download Sample Report download
Buy the Full ReportStarting from $3500

About the Report

About the Report

MICE INDUSTRY OFFERS TOURISM SERVICES IN WHICH ORGANIZERS AND SUPPLIERS 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 ON THE GROWTH OF BUSINESSES, CITIES, DESTINATIONS, AND OTHER COVERED SPECTRUMS.

THE SURGE IN PRESENCE OF CORPORATE INDUSTRIES WORLDWIDE HAS INCREASED THE FREQUENCY OF BUSINESS ACTIVITIES SUCH AS CLIENT MEETINGS, BRAND PROMOTIONS, AND EMPLOYEE TRAINING ACTIVITIES AND HAS SUPPLEMENTED THE GROWTH OF THE GLOBAL MICE INDUSTRY. MOREOVER, THE RISE IN GOVERNMENT INITIATIVES TO PROMOTE SMES AND LIBERALIZATION OF MARKET ENTRY TO INCREASE FDIS HAS BOOSTED THE GROWTH OF THIS MARKET EVEN FURTHER. OTHER KEY FACTORS THAT BOOSTING THE GROWTH OF THE MARKET ARE CHANGES IN THE LIFESTYLE OF BUSINESS TRAVELERS TO SEEK LEISURE TRIPS, RAPID URBANIZATION, AND INDUSTRIAL GROWTH. FURTHERMORE, INFRASTRUCTURAL DEVELOPMENT AND CONTINUOUS TECHNOLOGICAL ADVANCEMENTS IN EMERGING NATIONS HAVE FUELED THE MICE INDUSTRY MARKET GROWTH. HOWEVER, THE HIGH COST ASSOCIATED WITH MICE EVENTS AND UNCERTAIN GLOBAL GEOPOLITICAL CONDITIONS HAMPERS THE GROWTH OF THE MARKET.

BASED ON EVENT TYPES, THE MARKET IS FRAGMENTED INTO MEETINGS, INCENTIVES, CONVENTIONS, AND EXHIBITIONS. THE MEETING SEGMENT GENERATED REVENUE OF USD XX MILLION IN 2020. THE MARKET IS EXPECTED TO GROW AT A CAGR OF XX% DURING THE FORECAST PERIOD TO REACH A MARKET VALUATION OF USD XX MILLION BY 2027F OWING TO THE TECHNOLOGICAL ADVANCEMENT AND RAPID GLOBALIZATION OF BUSINESSES. HOWEVER, THE INCENTIVES SEGMENT IS ANTICIPATED TO GROW AT THE HIGHEST CAGR DURING THE PROJECTED TIMEFRAME.

FOR A BETTER UNDERSTANDING OF THE MARKET ADOPTION OF THE MICE TOURISM MARKET, THE MARKET IS ANALYZED BASED ON ITS WORLDWIDE PENETRATION IN THE COUNTRIES SUCH AS NORTH AMERICA (UNITED STATES, CANADA, AND REST OF NORTH AMERICA), EUROPE (GERMANY, FRANCE, ITALY, SPAIN, UNITED KINGDOM AND REST OF EUROPE), ASIA-PACIFIC (CHINA, JAPAN, INDIA, AUSTRALIA, AND REST OF APAC), AND REST OF WORLD. ASIA-PACIFIC CONSTITUTES A MAJOR MARKET FOR THE MICE TOURISM INDUSTRY AND GENERATED REVENUE OF USD XX MILLION IN 2020 OWING TO LIBERAL VISA REGULATIONS AND RISING INVESTMENT FOR BETTER INFRASTRUCTURE BY THE COMPANIES, ETC., HOWEVER, THE EUROPE REGION WOULD GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD.

SOME OF THE MAJOR PLAYERS OPERATING IN THE MARKET INCLUDE MARITZ, BI WORLDWIDE, ITA GROUP, ONE10 LLC, MEETINGS AND INCENTIVES WORLDWIDE, CREATIVE GROUP, ACCESS DESTINATION SERVICE, 360 DESTINATION GROUP, CSI DMC, THE FREEMAN COMPANY, ETC. SEVERAL M&A'S ALONG WITH PARTNERSHIPS HAVE BEEN UNDERTAKEN BY THESE PLAYERS TO BOOST THEIR PRESENCE IN DIFFERENT REGIONS.

Products


Companies

MARITZ

BI WORLDWIDE

ITA GROUP

ONE10 LLC

MEETINGS AND INCENTIVES WORLDWIDE

CREATIVE GROUP

ACCESS DESTINATION SERVICE

360 DESTINATION GROUP

CSI DMC

AND THE FREEMAN COMPANY

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1 MARKET DEFINITIONS

1.2 OBJECTIVE OF THE STUDY

1.3 LIMITATION

1.4 STAKE HOLDERS

1.5 CURRENCY USED IN REPORT

1.6 SCOPE OF THE GLOBAL MICE TOURISM MARKET STUDY

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1 RESEARCH METHODOLOGY FOR THE GLOBAL MICE TOURISM MARKET

2.1.1 MAIN OBJECTIVE OF THE GLOBAL MICE TOURISM MARKET

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 TOP START-UPS UNDER MICE TOURISM SECTOR

6 MICE TOURISM AMID COVID-19

7 GLOBAL MICE TOURISM MARKET REVENUE (USD BN), 2021-2027F

8 MARKET INSIGHTS BY EVENT TYPE

8.1 MEETINGS

8.2 INCENTIVES

8.3 CONVENTIONS

8.4 EXHIBITION

9 MARKET INSIGHTS BY REGION

9.1 NORTH AMERICA MICE TOURISM MARKET

9.1.1 UNITED STATES

9.1.2 CANADA

9.1.3 REST OF NORTH AMERICA

9.2 EUROPE MICE TOURISM MARKET

9.2.1 GERMANY

9.2.2 FRANCE

9.2.3 UNITED KINGDOM

9.2.4 ITALY

9.2.5 SPAIN

9.2.6 REST OF EUROPE

9.3 ASIA-PACIFIC MICE TOURISM MARKET

9.3.1 CHINA

9.3.2 INDIA

9.3.3 JAPAN

9.3.4 AUSTRALIA

9.3.5 REST OF ASIA PACIFIC

9.4 REST OF WORLD MICE TOURISM MARKET

10 MICE TOURISM MARKET DYNAMICS

10.1 MARKET DRIVERS

10.2 MARKET CHALLENGES

10.3 IMPACT ANALYSIS

11 MICE TOURISM MARKET OPPORTUNITIES

12 MICE TOURISM MARKET TRENDS

13 LEGAL & REGULATORY FRAMEWORK

14 DEMAND AND SUPPLY SIDE ANALYSIS

14.1 DEMAND SIDE ANALYSIS

14.2 SUPPLY SIDE ANALYSIS

14.2.1 TOP PRODUCT LAUNCHES

14.2.2 TOP BUSINESS PARTNERSHIPS

14.2.3 TOP BUSINESS EXPANSIONS, INVESTMENTS AND DIVESTITURES

14.2.4 TOP MERGER AND ACQUISITIONS

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

16.1 PORTER'S FIVE FORCES ANALYSIS

16.1.1 BARGAINING POWER OF SUPPLIER

16.1.2 BARGAINING POWER OF BUYER

16.1.3 INDUSTRY RIVALRY

16.1.4 AVAILABILITY OF SUBSTITUTE

16.1.5 THREAT OF NEW ENTRANTS

17 COMPANY PROFILED

17.1 MARITZ

17.2 BI WORLDWIDE, LTD

17.3 ITA GROUP, INC.

17.4 ONE10

17.5 MEETINGS AND INCENTIVES WORLDWIDE (M&IW)

17.6 CREATIVE GROUP, INC.

17.7 ACCESS DESTINATION SERVICE

17.8 360 DESTINATION GROUP

17.9 CSI DMC

17.10 THE FREEMAN COMPANY

18 DISCLAIMER

You can also purchase parts of this report.
Do you want to check out a section wise price list?
Get Price Break-up

Why Buy From US?

RRR
Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

reach
Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Research
Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

Insite
More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Trust
Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

support
Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository
150+ Consulting project a year
100+ Analysts
8000+ Client Queries in 2022