Market For Meetings, Incentives, Conferences, and Exhibitions (MICE) To Witness High Growth Owing To Increased Corporate Spending And Rising Number Of International Events
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Meetings, Incentives, Conferences, and Exhibitions (MICE) The Meetings, Incentives, Conferences, and Exhibitions (MICE) Market is estimated to be valued at US$ 876.42 Bn in 2023 and is expected to exhibit a CAGR of 7.5% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The MICE market involves the organization of meetings, incentive trips, conferences, exhibitions, and other events for businesses and organizations. Key products and services in this market include conference room facilities, event planning and management, transport services, and accommodation facilities. The MICE market caters to corporate meetings, seminars, trade shows, product launches, and incentive trips. Market Dynamics: The MICE market is driven by increased corporate spending on meetings, events, and travel. According to the Global Business Travel Association, business events and travel spending was projected to reach US$ ...