Global Meetings, Incentives, Conventions, and Exhibitions Market 2022-2026
Technavio has been monitoring the meetings, incentives, conventions, and exhibitions market and it is poised to grow by $ 97.95 bn during 2022-2026, decelerating at a CAGR of 6.23% during the forecast period. Our report on the meetings, incentives, conventions, and exhibitions 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the digitalization of travel payments, the high impact of MICE on employees, and the growing contribution to GDP and employment.
The meetings, incentives, conventions, and exhibitions market analysis includes type and service segments and geographic landscape.
Technavio's meetings, incentives, conventions, and exhibitions market is segmented as below:
By Type
- Meeting
- Incentive
- Exhibition
- Convention
By Service
- Hospitality
- Transportation
- Retail
- Entertainment
By Geographical Landscape
- 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 market growth during the next few years. Also, the launch of low-cost airlines and growing demand for leisure travel will lead to sizable demand in the market.
Technavio 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. Our report on meetings, incentives, conventions, and exhibitions market covers the following areas:
- Meetings, incentives, conventions, and exhibitions market sizing
- Meetings, incentives, conventions, and exhibitions market forecast
- Meetings, incentives, conventions, and exhibitions market industry analysis
Technavio's 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 market vendors that include 360 Destination Group, ATPI Ltd., BCD Group, BI WORLDWIDE, Capita Plc, Conference Care Ltd., Coterie Spark, CSI DMC, CWT Global BV, 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 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.
Technavio 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. Technavio's 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.