Product Code: IRTNTR45539
The meetings, incentives, conventions, and exhibitions (mice) market is forecasted to grow by USD 249.2 bn during 2023-2028, accelerating at a CAGR of 11.94% during the forecast period. The report on the meetings, incentives, conventions, and exhibitions (mice) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by digitalization of travel payments, high impact of mice on employees, and growing importance of corporate social responsibility.
Technavio's meetings, incentives, conventions, and exhibitions (mice) market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 9.64% |
CAGR | 11.94% |
Incremental Value | $249.2bn |
By Type
- Meeting
- Incentive
- Exhibition
- Convention
By Service
- Hospitality
- Transportation
- Retail
- Entertainment
By Geography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the rapid increase in globalization as one of the prime reasons driving the meetings, incentives, conventions, and exhibitions (mice) market growth during the next few years. Also, launch of low-cost airlines and growing focus on employee wellness and well-being will lead to sizable demand in the market.
The report on the meetings, incentives, conventions, and exhibitions (mice) market covers the following areas:
- Meetings, incentives, conventions, and exhibitions (mice) market sizing
- Meetings, incentives, conventions, and exhibitions (mice) market forecast
- Meetings, incentives, conventions, and exhibitions (mice) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading meetings, incentives, conventions, and exhibitions (mice) market vendors that include 360 Destination Group, ATPI Ltd., BCD Group, BI WORLDWIDE, Capita Plc, Carlson Inc., Conference Care Ltd., Coterie Spark, CSI DMC, Direct Travel Inc., Flight Centre Travel Group Ltd., GL events Group, ITA Group Inc., Maritz Holdings Inc., Meetings and Incentives Worldwide Inc., One10 LLC, Questex Media Group LLC, RELX Plc, REVEZ Corp. Ltd., and Sustain Europe. Also, the meetings, incentives, conventions, and exhibitions (mice) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Service
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Meetings, Incentives, Conventions, And Exhibitions (MICE) Market 2018 - 2022
- Historic Market Size - Data Table on Global Meetings, Incentives, Conventions, And Exhibitions (MICE) Market 2018 - 2022 ($ billion)
- 4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
- 4.3 Service segment analysis 2018 - 2022
- Historic Market Size - Service Segment 2018 - 2022 ($ billion)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
- 6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 6.3 Meeting - Market size and forecast 2023-2028
- Chart on Meeting - Market size and forecast 2023-2028 ($ billion)
- Data Table on Meeting - Market size and forecast 2023-2028 ($ billion)
- Chart on Meeting - Year-over-year growth 2023-2028 (%)
- Data Table on Meeting - Year-over-year growth 2023-2028 (%)
- 6.4 Incentive - Market size and forecast 2023-2028
- Chart on Incentive - Market size and forecast 2023-2028 ($ billion)
- Data Table on Incentive - Market size and forecast 2023-2028 ($ billion)
- Chart on Incentive - Year-over-year growth 2023-2028 (%)
- Data Table on Incentive - Year-over-year growth 2023-2028 (%)
- 6.5 Exhibition - Market size and forecast 2023-2028
- Chart on Exhibition - Market size and forecast 2023-2028 ($ billion)
- Data Table on Exhibition - Market size and forecast 2023-2028 ($ billion)
- Chart on Exhibition - Year-over-year growth 2023-2028 (%)
- Data Table on Exhibition - Year-over-year growth 2023-2028 (%)
- 6.6 Convention - Market size and forecast 2023-2028
- Chart on Convention - Market size and forecast 2023-2028 ($ billion)
- Data Table on Convention - Market size and forecast 2023-2028 ($ billion)
- Chart on Convention - Year-over-year growth 2023-2028 (%)
- Data Table on Convention - Year-over-year growth 2023-2028 (%)
- 6.7 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by Service
- 7.1 Market segments
- Chart on Service - Market share 2023-2028 (%)
- Data Table on Service - Market share 2023-2028 (%)
- 7.2 Comparison by Service
- Chart on Comparison by Service
- Data Table on Comparison by Service
- 7.3 Hospitality - Market size and forecast 2023-2028
- Chart on Hospitality - Market size and forecast 2023-2028 ($ billion)
- Data Table on Hospitality - Market size and forecast 2023-2028 ($ billion)
- Chart on Hospitality - Year-over-year growth 2023-2028 (%)
- Data Table on Hospitality - Year-over-year growth 2023-2028 (%)
- 7.4 Transportation - Market size and forecast 2023-2028
- Chart on Transportation - Market size and forecast 2023-2028 ($ billion)
- Data Table on Transportation - Market size and forecast 2023-2028 ($ billion)
- Chart on Transportation - Year-over-year growth 2023-2028 (%)
- Data Table on Transportation - Year-over-year growth 2023-2028 (%)
- 7.5 Retail - Market size and forecast 2023-2028
- Chart on Retail - Market size and forecast 2023-2028 ($ billion)
- Data Table on Retail - Market size and forecast 2023-2028 ($ billion)
- Chart on Retail - Year-over-year growth 2023-2028 (%)
- Data Table on Retail - Year-over-year growth 2023-2028 (%)
- 7.6 Entertainment - Market size and forecast 2023-2028
- Chart on Entertainment - Market size and forecast 2023-2028 ($ billion)
- Data Table on Entertainment - Market size and forecast 2023-2028 ($ billion)
- Chart on Entertainment - Year-over-year growth 2023-2028 (%)
- Data Table on Entertainment - Year-over-year growth 2023-2028 (%)
- 7.7 Market opportunity by Service
- Market opportunity by Service ($ billion)
- Data Table on Market opportunity by Service ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape2023-2028 (%)
- Data Table on Market share By Geographical Landscape2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Market opportunity By Geographical Landscape($ billion)
- Data Tables on Market opportunity By Geographical Landscape($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 360 Destination Group
- 360 Destination Group - Overview
- 360 Destination Group - Product / Service
- 360 Destination Group - Key offerings
- 12.4 ATPI Ltd.
- ATPI Ltd. - Overview
- ATPI Ltd. - Product / Service
- ATPI Ltd. - Key offerings
- 12.5 BCD Group
- BCD Group - Overview
- BCD Group - Product / Service
- BCD Group - Key offerings
- 12.6 BI WORLDWIDE
- BI WORLDWIDE - Overview
- BI WORLDWIDE - Product / Service
- BI WORLDWIDE - Key offerings
- 12.7 Capita Plc
- Capita Plc - Overview
- Capita Plc - Business segments
- Capita Plc - Key news
- Capita Plc - Key offerings
- Capita Plc - Segment focus
- 12.8 Carlson, Inc.
- Carlson, Inc. - Overview
- Carlson, Inc. - Product / Service
- Carlson, Inc. - Key offerings
- 12.9 Conference Care Ltd.
- Conference Care Ltd. - Overview
- Conference Care Ltd. - Product / Service
- Conference Care Ltd. - Key offerings
- 12.10 Coterie Spark
- Coterie Spark - Overview
- Coterie Spark - Product / Service
- Coterie Spark - Key offerings
- 12.11 Direct Travel Inc.
- Direct Travel Inc. - Overview
- Direct Travel Inc. - Product / Service
- Direct Travel Inc. - Key offerings
- 12.12 Flight Centre Travel Group Ltd.
- Flight Centre Travel Group Ltd. - Overview
- Flight Centre Travel Group Ltd. - Product / Service
- Flight Centre Travel Group Ltd. - Key news
- Flight Centre Travel Group Ltd. - Key offerings
- 12.13 ITA Group Inc.
- ITA Group Inc. - Overview
- ITA Group Inc. - Product / Service
- ITA Group Inc. - Key offerings
- 12.14 Maritz Holdings Inc.
- Maritz Holdings Inc. - Overview
- Maritz Holdings Inc. - Product / Service
- Maritz Holdings Inc. - Key offerings
- 12.15 Meetings and Incentives Worldwide Inc.
- Meetings and Incentives Worldwide Inc. - Overview
- Meetings and Incentives Worldwide Inc. - Product / Service
- Meetings and Incentives Worldwide Inc. - Key offerings
- 12.16 Questex Media Group LLC
- Questex Media Group LLC - Overview
- Questex Media Group LLC - Product / Service
- Questex Media Group LLC - Key offerings
- 12.17 RELX Plc
- RELX Plc - Overview
- RELX Plc - Business segments
- RELX Plc - Key offerings
- RELX Plc - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations