U.S. MEETINGS, INCENTIVES, CONFERENCES AND EXHIBITIONS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Meetings, incentives, conferences, and exhibitions (MICE) is an integral part of the event management industry, which plays a significant role in business and economic development. MICE events are organized with the purpose of bringing people together for various reasons such as knowledge sharing, networking, and promotion of products or services. This sector has gained immense popularity globally due to its ability to generate substantial revenue and contribute to the growth of different industries.

The U.S. meetings, incentives, conferences, and exhibitions (MICE) market encompasses a wide range of events, including business meetings, corporate conferences, trade shows, exhibitions, incentive programs, and more. These events are crucial for connecting businesses, fostering collaboration, and creating opportunities for organizations to showcase their offerings to a target audience. The MICE sector not only drives economic growth but also supports local communities by boosting tourism, hospitality, and other related industries.

Market Dynamics:

The U.S. meetings, incentives, conferences, and exhibitions market is a robust and highly competitive space. Several key market players in the industry, such as One10 LLC (Provider of performance improvement solutions, including incentives and recognition, travel and events, and marketing services.), CWT Meetings & Events (Delivering engaging events and creating strategic meeting management programs), and Event rite (an American event management and ticketing website. The service allows users to browse, create, and promote local events), among others, operate in this market. These companies leverage their expertise to provide end-to-end event management solutions and create impactful experiences for clients.

The market dynamics of the U.S. meetings, incentives, conferences, and exhibitions (MICE) market  are influenced by various factors. The drivers include the emphasis on networking and knowledge exchange, the rising trend of experiential marketing, and the growing demand for unique event experiences. Technological advancements, such as online event registration platforms and virtual/hybrid event solutions, have transformed the way events are organized and attended.

However, the market also faces certain challenges. Factors like cost constraints, budget limitations, and the need for careful event planning and execution can pose restraints to the growth of the industry. Furthermore, with the COVID-19 pandemic impacting the event industry, there have been temporary disruptions in terms of cancellations or postponements of MICE events.

Nevertheless, the U.S. meetings, incentives, conferences, and exhibitions (MICE) market presents numerous opportunities. As businesses continue to value face-to-face interactions and meaningful connections, the demand for well-organized meetings, conferences, and exhibitions remains strong. Adoption of innovative technologies and the integration of advanced event management solutions can enhance the overall event experience and attract a wider audience.

Key Features of the Study:

• This report provides in-depth analysis of the U.S. meetings, incentives, conferences, and exhibitions market, providing market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), with 2022 as the base year.
• It elucidates potential revenue opportunities across different market segments and explains attractive investment propositions for this industry.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• Key players in the U.S. meetings, incentives, conferences, and exhibitions (MICE) market are profiled in this report based on parameters such as company highlights, product portfolios, key highlights, financial performance, and strategies.
• Key companies covered in this study include One10 LLC, CWT Meetings & Events, Event rite, and many more.
• Insights from this report would enable marketers and management authorities to make informed decisions regarding future product launches, upgrades, market expansion, and marketing tactics.
• The U.S. meetings, incentives, conferences, and exhibitions (MICE) market report caters to various stakeholders, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders can benefit from the various strategy matrices used in analyzing the U.S. meetings, incentives, conferences, and exhibitions (MICE) market, facilitating ease in decision-making.

Detailed Segmentation:

• U.S. Meetings, Incentives, Conferences and Exhibitions Market, By Event Type:
  • Corporate Events
  • Association Events
  • Trade shows
  • Conferences
  • Exhibitions
  • Others (product launches, galas, award ceremonies)
• U.S. Meetings, Incentives, Conferences and Exhibitions Market, By Revenue Source:
  • Exhibit Rentals
  • Registration Fees
  • Sponsorships
  • Advertising
  • Accommodations
  • Transportation
  • Others (Audiovisual, electricity, equipment rentals)
• U.S. Meetings, Incentives, Conferences and Exhibitions Market, By Size:
  • Small (less than 1,000 attendees)
  • Medium (1,000 to 5,000 attendees)
  • Large (more than 5,000 attendees)
• Top Companies in U.S. Meetings, Incentives, Conferences and Exhibitions Market
  • Freeman
  • Maritz
  • BI Worldwide
  • Conference Care Ltd.
  • One10 LLC
  • 360 Destination Group
  • CWT Meetings & Events
  • ITA Group
  • ConferenceDirect
  • Experient, Inc.
  • BCD Meetings and Events
  • ATPI Ltd.
  • Interpublic Group
  • Ruckus Marketing, LLC
  • Hubb
  • Eventbrite
  • Cvent Inc.
  • Reed Exhibitions
  • Informa plc.