The global MICE Market was valued at USD 693.21 billion in 2022. It is expected to grow significantly, reaching USD 904.30 billion in 2023 and expanding to USD 1,605.17 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.54% over the forecast period.

MICE refers to the travel segment centered around organizing, planning, and booking business events such as seminars, conferences, and corporate meetings. The market’s expansion is being fueled by the increasing effects of globalization, which create new opportunities for business growth.

This data is included in the research report from Fortune Business Insights™ titled "MICE Market, 2023-2030."

Get a Free Sample Research Report PDF: https://www.fortunebusinessinsights.com/mice-market-108653

Key Market Players:

• ITA Group (U.S.)
• Flight Centre Travel Group Limited (Australia)
• Freeman (U.S.)
• Meetings and Incentives Worldwide, Inc. (U.S.)
• Conference Care (U.K.)
• One10, LLC (U.S.)
• BCD Meetings & Events (U.S.)
• Creative Group, Inc. (U.S.)
• Access (U.S.)
• CWT Meetings & Events (U.S.)

Market Segmentation:

Meetings Segment Leads the Market

The MICE market is divided into four main event types: incentives, meetings, exhibitions, and conventions. Of these, the meetings segment holds the largest market share, driven by the growing number of corporate events. These events include management planning meetings, general business meetings, annual meetings, supplier meetings, and others.

Geographical Breakdown