According to a recent research report titled “MICE Market (By Event Type: Meetings, Incentives, Conferences, Events) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032″ published by Precedence Research, the global MICE market size is projected to touch around USD xx billion by 2032 and growing at a CAGR of xx% over the forecast period 2023 to 2032. This comprehensive study examines various factors and their impact on the growth of the MICE market.
Key Takeaways
- Asia-Pacific contributed more than 44% of revenue share in 2022.
- Europe is estimated to expand the fastest CAGR between 2023 and 2032.
- By event type, the meetings segment has held the largest market share of 42% in 2022.
- By event type, the incentives segment is anticipated to grow at a remarkable CAGR of 8.4% between 2023 and 2032.
The report primarily focuses on the volume and value of the MICE market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.
Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.
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The research also highlights significant progressions in both organic and inorganic growth strategies within the global MICE market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the MICE market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.
MICE Market Scope
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 7.20% |
| Market Size in 2023 | USD 935.01 Billion |
| Market Size by 2032 | USD 1,748.07 Billion |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Event Type |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Market Key Players
The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the MICE market.
MICE Market Players
- CWT Meetings & Events
- BCD Meetings & Events
- Maritz Global Events
- American Express Meetings & Events
- The Freeman Company
- Grass Roots Meetings & Events
- ATPI Ltd.
- ITA Group
- Creative Group, Inc.
- MCI Group
- BCD Travel
- BESynergy
- Eventive
- HelmsBriscoe
- Kuoni Global Travel Services
Segments Covered in the Report
By Event Type
- Meetings
- Incentives
- Conferences
- Events
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Table of Content:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on MICE Market
5.1. COVID-19 Landscape: MICE Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global MICE Market, By Event Type
8.1. MICE Market, by Event Type, 2023-2032
8.1.1. Meetings
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Incentives
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Conferences
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Events
8.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global MICE Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.1.2. U.S.
9.1.2.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.1.3. Rest of North America
9.1.3.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.2.2. UK
9.2.2.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.2.3. Germany
9.2.3.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.2.4. France
9.2.4.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.2.5. Rest of Europe
9.2.5.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.3.2. India
9.3.2.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.3.3. China
9.3.3.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.3.4. Japan
9.3.4.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.3.5. Rest of APAC
9.3.5.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.4.2. GCC
9.4.2.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.4.3. North Africa
9.4.3.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.4.4. South Africa
9.4.4.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.4.5. Rest of MEA
9.4.5.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.5.2. Brazil
9.5.2.1. Market Revenue and Forecast, by Event Type (2020-2032)
9.5.3. Rest of LATAM
9.5.3.1. Market Revenue and Forecast, by Event Type (2020-2032)
Chapter 10. Company Profiles
10.1. CWT Meetings & Events
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. BCD Meetings & Events
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Maritz Global Events
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. American Express Meetings & Events
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. The Freeman Company
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Grass Roots Meetings & Events
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. ATPI Ltd.
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. ITA Group
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Creative Group, Inc.
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. MCI Group
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
Why should you invest in this report?
This report presents a compelling investment opportunity for those interested in the global MICE market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for MICE. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.
Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.
Some of the key questions answered in this report:
- What is the size of the overall MICE market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities and challenges of the MICE market and how they are expected to impact the market?
- What are the attractive investment opportunities within the MICE market?
- What is the MICE market size at the regional and country-level?
- Who are the key market players and their key competitors?
- What are the strategies for growth adopted by the key players in MICE market?
- What are the recent trends in MICE market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the MICE market growth?
- What are the key market trends impacting the growth of MICE market?
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