Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market, By Event Type (Meetings, Incentives, Conferences, Exhibitions & Trade Shows, Others), By Facility Size (Large (more than 1,00,000 sq. ft.), Medium (50,000 - 1,00,000 sq. ft.), Small (less than 50,000 sq. ft.)), By Venue Type (Hotels, Convention & Exhibition Centers, Unique Venues, Others), By Attendee Origin (Domestic, International, Others), By Revenue Source (Participant Fees, Sponsorships, Exhibit Fees, Others)
Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market, By Event Type (Meetings, Incentives, Conferences, Exhibitions & Trade Shows, Others), By Facility Size (Large (more than 1,00,000 sq. ft.), Medium (50,000 - 1,00,000 sq. ft.), Small (less than 50,000 sq. ft.)), By Venue Type (Hotels, Convention & Exhibition Centers, Unique Venues, Others), By Attendee Origin (Domestic, International, Others), By Revenue Source (Participant Fees, Sponsorships, Exhibit Fees, Others)
Meetings, Incentives, Conferences, and Exhibitions (MICE) play a crucial role in today's global business landscape. These events provide opportunities for businesses and organizations to foster connections, collaborate, and showcase their products and services on a large scale. The significance of the MICE industry has grown rapidly over the years, making it a prominent part of the global economy.
Market Dynamics:
The Singapore MICE market has witnessed remarkable growth in recent years, propelling it to become one of the most sought-after destinations for business events in the Asia Pacific region. The city-state boasts state-of-the-art facilities and a well-developed infrastructure to accommodate various types of MICE events. Some of the prominent venues in Singapore include Suntec Singapore, Marina Bay Sands, Singapore EXPO, and Raffles City Convention Centre, among others.
Several factors drive the growth of the Singapore MICE market. Firstly, Singapore provides excellent connectivity, with its world-class Changi Airport serving as a major regional hub. This accessibility attracts international delegates and exhibitors, enhancing the global appeal of the MICE events held in the country. Additionally, the city offers a safe and reliable business environment, making it an ideal choice for hosting conferences and meetings.
While the Singapore MICE market presents vast opportunities, it is not without challenges. The intense competition from other global MICE destinations necessitates continuous innovation and differentiation. Moreover, geopolitical and economic uncertainties can impact travel and business confidence, affecting the overall demand for MICE events.
Key features of the study:
- This report provides in-depth analysis of the Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Suntec Singapore, Resorts World Convention Centre, Marina Bay Sands, Singapore EXPO Convention and Exhibition Centre, Raffles City Convention Centre, Singapore International Convention & Exhibition Centre, Changi Exhibition Centre, One Farrer Hotel & Spa, Grand Copthorne Waterfront Hotel, Capella Singapore, PARKROYAL on Beach Road, M Social Hotel Singapore, The Ritz-Carlton Millenia Singapore, InterContinental Singapore, Shangri-La Hotel, Pan Pacific Singapore, The Fullerton Hotel Singapore, The Ritz-Carlton Millenia Singapore, Sofitel Singapore City Centre and The St. Regis Singapore.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) market
- By Event Type:
- Meetings
- Incentives
- Conferences
- Exhibitions & Trade Shows
- Others
- By Facility Size:
- Large (more than 1,00,000 sq. ft.)
- Medium (50,000 - 1,00,000 sq. ft.)
- Small (less than 50,000 sq. ft.)
- By Venue Type:
- Hotels
- Convention & Exhibition Centers
- Unique Venues
- Others
- By Attendee Origin:
- Domestic
- International
- Others
- By Revenue Source:
- Participant Fees
- Sponsorships
- Exhibit Fees
- Others
- Company Profiles
- Suntec Singapore
- Resorts World Convention Centre
- Marina Bay Sands
- Singapore EXPO Convention and Exhibition Centre
- Raffles City Convention Centre
- Singapore International Convention & Exhibition Centre
- Changi Exhibition Centre
- One Farrer Hotel & Spa
- Grand Copthorne Waterfront Hotel
- Capella Singapore
- PARKROYAL on Beach Road
- M Social Hotel Singapore
- The Ritz-Carlton Millenia Singapore
- InterContinental Singapore
- Shangri-La Hotel
- Pan Pacific Singapore
- The Fullerton Hotel Singapore
- The Ritz-Carlton, Millenia Singapore
- Sofitel Singapore City Centre
- The St. Regis Singapore
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Event Type
- Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Facility Size
- Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Venue Type
- Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Attendee Origin
- Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Revenue Source
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Government support and initiatives
- Seasonality of demand
- Hybrid Events
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Event Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Event Type
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Incentives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Conferences
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Exhibitions & Trade Shows
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- 6. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Facility Size, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Large (more than 1,00,000 sq. ft.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Medium (50,000 - 1,00,000 sq. ft.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Small (less than 50,000 sq. ft.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 7. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Venue Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Venue Type
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Convention & Exhibition Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Unique Venues
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 8. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Attendee Origin, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Domestic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- International
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 9. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Revenue Source, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Participant Fees
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Sponsorships
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Exhibit Fees
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 10. Competitive Landscape
- Suntec Singapore
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Resorts World Convention Centre
- Marina Bay Sands
- Singapore EXPO Convention and Exhibition Centre
- Raffles City Convention Centre
- Singapore International Convention & Exhibition Centre
- Changi Exhibition Centre
- One Farrer Hotel & Spa
- Grand Copthorne Waterfront Hotel
- Others
- Analyst Views
- 11. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market” - Global forecast to 2030
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