The Global MICE Market to Surpass USD 1,478 Billion by 2032, Accelerated by Growing Number of Business Events Globally, Estimates Extrapolate
This is a significant increase from the base market size of USD 506.1 billion in 2022, with the growing proliferation of event organizations.
- This is a significant increase from the base market size of USD 506.1 billion in 2022, with the growing proliferation of event organizations.
- The significant advancement in the use of technology for MICE events is propelling the market further.
- The meetings segment dominated the market in 2022 owing to the growing number of global business events.
- The Australian government has announced USD 50 million in grants for the MICE market, which can cover up to 50% of the expenses.