MICE Market To Witness A Significant Growth Of USD 1,563.29 Billion By 2030
San Francisco, 30 March 2023: The Report MICE Market Size, Share & Trends Analysis Report By Event Type (Meetings, Incentives, Conferences, Events), By Region (Asia Pacific, North America, Central & South America, Europe), And Segment Forecasts, 2023 - 2030 The global MICE market size is expected to reach USD 1,563.29 billion by 2030, registering a CAGR of 7.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. Companies are utilizing MICE events and incentive travel to promote their business, thereby driving local tourism. A rise in the number of B2B/B2C events sponsored by enterprises and the use of advanced technology is driving the events industry. Several countries with varied diversity and cultures are boosting their tourism sector by organizing MICE events as it acts as a source of revenue. Moreover, the increasing number of business travelers for corporate events, and exhibitions, coupled with factors, such as employee engagement, is driving