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Global MICE Industry Market Opportunities and Forecast 2023-2030

  •   DLR2324
  •   September, 2021
  •   Pages: 120
  •  Global
Covid-19 Impact on MICE Industry Market:

Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.

MICE Industry Market Overview

The MICE industry involves suppliers and organizers that deliver and manage a conference, exhibition, meetings, and other events. These events are held to achieve objectives such as cultural, academic, professional, and business. Creative services such as banners, event photography, event marketing, sponsorship management, kiosks/exhibit space, AV/technical production, supplier management, virtual meetings, and risk management services are provided by MICE event organizers. MICE industry activities play important role in the future growth of businesses, cities, and other fields.

Meeting travel, Incentive travel, Conference travel, and Exhibition travel are four types of travel markets included by the MICE industry. The huge increase in the business activities such as employee training activities, brand promotion, client meetings, and other drive the growth of the global MICE industry. Thanks to government initiatives to encourage SMEs and liberalization of market entry to increase FDIs are expected to boost the growth of the global MICE industry further. Other important aspects to upsurge the market are growing urbanization, rapid industrial growth and changing lifestyle of business travelers, etc. Furthermore, fast development in infrastructure and improvement in technologies are expected to fuel the market growth in upcoming years. The MICE industry is rising due to the growth of the corporate sector globally, increase in Foreign Direct Investment, booming Small and Medium Scale Enterprises. Also, a continuous increase in global tourism is anticipated to boost the growth of the MICE industry in the future. Additionally, an increase in disposable income of people and expansion in the events for business activities by the companies or individuals are expected to increase the growth of the MICE industry.

On other hand, the high cost of MICE events may hamper the growth of the market. However technological advancement and a good investment for infrastructure are some factors that will open good opportunities for the market in incoming years.

MICE Industry Market Segment Overview

The meeting segment has the highest share in the MICE industry. This is due to the increase in the globalization of businesses. Besides, rapid growth in the hospitality sector, has further added to the growth of this segment. Vast use of social media, meeting apps, and trends of hybrid meetings are expected to boost the market growth in the future.

Incentive travel is a reward subset of a recognition program, which is a business tool planned to change consumer behaviour to improve profit, employee engagement and customer engagement. Generally, the incentive trip included hotel stays, tour packages, etc. The incentive segment boost in the market due to the rapid growth in the travel and tourism industry.

MICE Industry Regional Overview

The Europe region is anticipated to hold the highest market share in the MICE industry over the forecast period. Owing to rise in the adaptation of smart devices, an increase in meeting activities, and the rise in penetration of the internet in this region are some reasons facilitating market development. Furthermore, the Asia-Pacific region also shows remarkable growth in the market, due to an increase in business and tourism activities, supportive government regulations, and higher acceptance of AI & IoT. Additionally, most of the countries in this region are developing countries and these countries offer profitable business opportunities for investors.

MICE Industry Market, Key Players

•      Inc, Conference Care Ltd
•      BI Worldwide, Ltd.
•      ITA Group
•      BCD Group
•      One10
•      LLC Meetings and Incentives Worldwide (M&IW)
•      ACCESS Destination Service
•      360 Destination Group
•      CSI DMC
•      Maritz
•      Cievents
•      the Freeman Company
•      IBTM
•      ATPI Ltd
•      Carlson Wagonlit Travel
•      Creative Group, Inc.
•      the Interpublic Group of Companies, Inc.
•      others.

MICE Industry Market Segmentation

MICE Industry Market, By Event type

·     Meetings
·     Incentives
·     Conventions
·     Exhibitions

MICE Industry Market, By Applications

·     Academic Feild
·     Business Feild
·     Political Field
·     Exhibitions
·     Others

MICE Industry market, By Region:
  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • GCC
    • South Africa
    • Rest of Middle East and Africa


1. Introduction

  • 1.1. Research Scope
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
  • 1.4. Definitions and Assumptions

2. Executive Summary

    3. Market Dynamics

    • 3.1. Market Drivers
    • 3.2. Market Restraints
    • 3.3. Market Opportunities

    4. Key Insights

    • 4.1. Key Emerging Trends – For Major Countries
    • 4.2. Latest Technological Advancement
    • 4.3. Regulatory Landscape
    • 4.4. Industry SWOT Analysis
    • 4.5. Porters Five Forces Analysis

    5. Global MICE Industry Market Analysis (USD Billion), Insights and Forecast, 2016-2027

    • 5.1. Key Findings / Summary
    • 5.2. Market Analysis, Insights and Forecast – By Event type
      • 5.2.1. Meetings
      • 5.2.2. Incentives
      • 5.2.3. Conventions
      • 5.2.4. Exhibitions
    • 5.3. Market Analysis, Insights and Forecast – By Application
      • 5.3.1. Academic Feild
      • 5.3.2. Business Feild
      • 5.3.3. Political Field
      • 5.3.4. Exhibitions
      • 5.3.5. Others
    • 5.4. Market Analysis, Insights and Forecast – By Region
      • 5.4.1. North America
      • 5.4.2. Latin America
      • 5.4.3. Europe
      • 5.4.4. Asia Pacific
      • 5.4.5. Middle East and Africa

    6. North America MICE Industry Market Analysis (USD Billion), Insights and Forecast, 2016-2027

    • 6.1. Key Findings / Summary
    • 6.2. Market Analysis, Insights and Forecast – By Event type
      • 6.2.1. Meetings
      • 6.2.2. Incentives
      • 6.2.3. Conventions
      • 6.2.4. Exhibitions
    • 6.3. Market Analysis, Insights and Forecast – By Application
      • 6.3.1. Academic Feild
      • 6.3.2. Business Feild
      • 6.3.3. Political Field
      • 6.3.4. Exhibitions
      • 6.3.5. Others
    • 6.4. Market Analysis, Insights and Forecast – By Country
      • 6.4.1. U.S.
      • 6.4.2. Canada

    7. Latin America MICE Industry Market Analysis (USD Billion), Insights and Forecast, 2016-2027

    • 7.1. Key Findings / Summary
    • 7.2. Market Analysis, Insights and Forecast – By Event type
      • 7.2.1. Meetings
      • 7.2.2. Incentives
      • 7.2.3. Conventions
      • 7.2.4. Exhibitions
    • 7.3. Market Analysis, Insights and Forecast – By Application
      • 7.3.1. Academic Feild
      • 7.3.2. Business Feild
      • 7.3.3. Political Field
      • 7.3.4. Exhibitions
      • 7.3.5. Others
    • 7.4. Insights and Forecast – By Country
      • 7.4.1. Brazil
      • 7.4.2. Mexico
      • 7.4.3. Rest of Latin America

    8. Europe MICE Industry Market Analysis (USD Billion), Insights and Forecast, 2016-2027

    • 8.1. Key Findings / Summary
    • 8.2. Market Analysis, Insights and Forecast – By Event type
      • 8.2.1. Meetings
      • 8.2.2. Incentives
      • 8.2.3. Conventions
      • 8.2.4. Exhibitions
    • 8.3. Market Analysis, Insights and Forecast – By Application
      • 8.3.1. Academic Feild
      • 8.3.2. Business Feild
      • 8.3.3. Political Field
      • 8.3.4. Exhibitions
      • 8.3.5. Others
    • 8.4. Market Analysis, Insights and Forecast – By Country
      • 8.4.1. UK
      • 8.4.2. Germany
      • 8.4.3. France
      • 8.4.4. Italy
      • 8.4.5. Spain
      • 8.4.6. Russia
      • 8.4.7. Rest of Europe

    9. Asia Pacific MICE Industry Market Analysis (USD Billion), Insights and Forecast, 2016-2027

    • 9.1. Key Findings / Summary
    • 9.2. Market Analysis, Insights and Forecast – By Event type
      • 9.2.1. Meetings
      • 9.2.2. Incentives
      • 9.2.3. Conventions
      • 9.2.4. Exhibitions
    • 9.3. Market Analysis, Insights and Forecast – By Application
      • 9.3.1. Academic Feild
      • 9.3.2. Business Feild
      • 9.3.3. Political Field
      • 9.3.4. Exhibitions
      • 9.3.5. Others
    • 9.4. Market Analysis, Insights and Forecast – By Country
      • 9.4.1. China
      • 9.4.2. India
      • 9.4.3. Japan
      • 9.4.4. Australia
      • 9.4.5. South East Asia
      • 9.4.6. Rest of Asia Pacific

    10. Middle East & Africa MICE Industry Market Analysis (USD Billion), Insights and Forecast, 2016-2027

    • 10.1. Key Findings / Summary
    • 10.2. Market Analysis, Insights and Forecast – By Event type
      • 10.2.1. Meetings
      • 10.2.2. Incentives
      • 10.2.3. Conventions
      • 10.2.4. Exhibitions
    • 10.3. Market Analysis, Insights and Forecast – By Application
      • 10.3.1. Academic Feild
      • 10.3.2. Business Feild
      • 10.3.3. Political Field
      • 10.3.4. Exhibitions
      • 10.3.5. Others
    • 10.4. Market Analysis, Insights and Forecast – By Country
      • 10.4.1. GCC
      • 10.4.2. South Africa
      • 10.4.3. Rest of Middle East & Africa

    11. Competitive Analysis

    • 11.1. Company Market Share Analysis, 2018
    • 11.2. Key Industry Developments
    • 11.3. Company Profile
    • 11.4. Inc, Conference Care Ltd
      • 11.4.1. Business Overview
      • 11.4.2. Segment 1 & Service Offering
      • 11.4.3. Overall Revenue
      • 11.4.4. Geographic Presence
      • 11.4.5. Recent Development
    *Similar details will be provided for the following companies
    • 11.5. BI Worldwide, Ltd.
    • 11.6. ITA Group
    • 11.7. BCD Group
    • 11.8. One10
    • 11.9. LLC Meetings and Incentives Worldwide (M&IW)
    • 11.10. ACCESS Destination Service
    • 11.11. 360 Destination Group
    • 11.12. CSI DMC
    • 11.13. Maritz
    • 11.14. Cievents
    • 11.15. the Freeman Company
    • 11.16. IBTM
    • 11.17. ATPI Ltd,
    • 11.18. Carlson Wagonlit Travel
    • 11.19. Creative Group, Inc.
    • 11.20. the Interpublic Group of Companies, Inc.
    List of Figures

    Figure 1: Global MICE Industry Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
    Figure 2: Global MICE Industry Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 3: Global MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 4: Global MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 5: Global MICE Industry Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 6: Global MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 7: Global MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 8: Global MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 9: Global MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 10: Global MICE Industry Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 11: Global MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 12: Global MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 13: Global MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 14: Global MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 15: Global MICE Industry Market Value (USD Billion), by Region, 2019 & 2027
    Figure 16: North America MICE Industry Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 17: North America MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 18: North America MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 19: North America MICE Industry Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 20: North America MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 21: North America MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 22: North America MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 23: North America MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 24: North America MICE Industry Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 25: North America MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 26: North America MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 27: North America MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 28: North America MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 29: North America MICE Industry Market Forecast (USD Billion), by U.S., 2016-2027
    Figure 30: North America MICE Industry Market Forecast (USD Billion), by Canada, 2016-2027
    Figure 31: Latin America MICE Industry Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 32: Latin America MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 33: Latin America MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 34: Latin America MICE Industry Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 35: Latin America MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 36: Latin America MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 37: Latin America MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 38: Latin America MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 39: Latin America MICE Industry Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 40: Latin America MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 41: Latin America MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 42: Latin America MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 43: Latin America MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 44: Latin America MICE Industry Market Forecast (USD Billion), by Brazil, 2016-2027
    Figure 45: Latin America MICE Industry Market Forecast (USD Billion), by Mexico, 2016-2027
    Figure 46: Latin America MICE Industry Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
    Figure 47: Europe MICE Industry Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 48: Europe MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 49: Europe MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 50: Europe MICE Industry Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 51: Europe MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 52: Europe MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 53: Europe MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 54: Europe MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 55: Europe MICE Industry Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 56: Europe MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 57: Europe MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 58: Europe MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 59: Europe MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 60: Europe MICE Industry Market Forecast (USD Billion), by U.K., 2016-2027
    Figure 61: Europe MICE Industry Market Forecast (USD Billion), by Germany, 2016-2027
    Figure 62: Europe MICE Industry Market Forecast (USD Billion), by France, 2016-2027
    Figure 63: Europe MICE Industry Market Forecast (USD Billion), by Italy, 2016-2027
    Figure 64: Europe MICE Industry Market Forecast (USD Billion), by Spain, 2016-2027
    Figure 65: Europe MICE Industry Market Forecast (USD Billion), by Russia, 2016-2027
    Figure 66: Europe MICE Industry Market Forecast (USD Billion), by Rest of Europe, 2016-2027
    Figure 67: Asia Pacific MICE Industry Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 68: Asia Pacific MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 69: Asia Pacific MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 70: Asia Pacific MICE Industry Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 71: Asia Pacific MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 72: Asia Pacific MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 73: Asia Pacific MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 74: Asia Pacific MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 75: Asia Pacific MICE Industry Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 76: Asia Pacific MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 77: Asia Pacific MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 78: Asia Pacific MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 79: Asia Pacific MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 80: Asia Pacific MICE Industry Market Forecast (USD Billion), by China, 2016-2027
    Figure 81: Asia Pacific MICE Industry Market Forecast (USD Billion), by India, 2016-2027
    Figure 82: Asia Pacific MICE Industry Market Forecast (USD Billion), by Japan, 2016-2027
    Figure 83: Asia Pacific MICE Industry Market Forecast (USD Billion), by Australia, 2016-2027
    Figure 84: Asia Pacific MICE Industry Market Forecast (USD Billion), by Southeast Asia, 2016-2027
    Figure 85: Asia Pacific MICE Industry Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
    Figure 86: Middle East & Africa MICE Industry Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 87: Middle East & Africa MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 88: Middle East & Africa MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 89: Middle East & Africa MICE Industry Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 90: Middle East & Africa MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 91: Middle East & Africa MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 92: Middle East & Africa MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 93: Middle East & Africa MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 94: Middle East & Africa MICE Industry Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 95: Middle East & Africa MICE Industry Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 96: Middle East & Africa MICE Industry Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 97: Middle East & Africa MICE Industry Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 98: Middle East & Africa MICE Industry Market Forecast (USD Billion), by Others, 2016-2027
    Figure 99: Middle East & Africa MICE Industry Market Forecast (USD Billion), by GCC, 2016-2027
    Figure 100: Middle East & Africa MICE Industry Market Forecast (USD Billion), by South Africa, 2016-2027
    Figure 101: Middle East & Africa MICE Industry Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
    List of Tables
    Table 1: Global MICE Industry Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 2: Global MICE Industry Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 3: Global MICE Industry Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 4: Global MICE Industry Market Revenue (USD Billion) Forecast, by Region, 2016-2027
    Table 5: North America MICE Industry Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 6: North America MICE Industry Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 7: North America MICE Industry Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 8: North America MICE Industry Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 9: Europe MICE Industry Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 10: Europe MICE Industry Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 11: Europe MICE Industry Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 12: Europe MICE Industry Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 13: Latin America MICE Industry Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 14: Latin America MICE Industry Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 15: Latin America MICE Industry Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 16: Latin America MICE Industry Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 17: Asia Pacific MICE Industry Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 18: Asia Pacific MICE Industry Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 19: Asia Pacific MICE Industry Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 20: Asia Pacific MICE Industry Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 21: Middle East & Africa MICE Industry Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 22: Middle East & Africa MICE Industry Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 23: Middle East & Africa MICE Industry Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 24: Middle East & Africa MICE Industry Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Research Process

    Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

    In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

    FIGURE 1: DLR RESEARH PROCESS

    research-methodology1

    Primary Research

    Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

    In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

    It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

    Secondary Research

    Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

    Market Size Estimation

    Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

    Forecast Model

    research-methodology2