February 25, 2021
According to the research report titled ‘India Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) Tourism Market Report: Country Outlook, Analysis, Size, Share and Forecast 2018 ? 2025’, available with Market Study Report, India outbound meetings, incentives, conferences, and exhibitions (MICE) tourism market is expected to generate revenues worth USD 9 billion by the year 2025.
The report states that India had generated more than 2 million outbound tourists in 2020 and is likely to emerge as the fast growing outbound MICE tourism industry in the ensuing years. In fact, the South Asian country is currently the largest source market for Singapore and Dubai MICE industry. Indian travelers are also expected to emerge as major spends in Dubai and the United States.
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Apart from providing such statistical information, the research report consists of vital data regarding the major growth stimulants, challenges & restraints and other expansion trends likely to influence the growth matrix of this business sphere. The document uses advanced market analytics to evaluate the potential growth opportunities as well as the future trends regarding India outbound MICE tourism market.
A detailed country-wise assessment is also included in the research document, covering around 15 countries. The major countries analyzed by India outbound meetings, incentives, conferences, and exhibitions tourism industry are Australia, South Africa, Taiwan, Turkey, Oman, United States, Indonesia, New Zealand, South Korea, Macau, Mauritius, Dubai, Singapore, Malaysia, and Thailand.
The research report also offers comprehensive information regarding theleading companies operating in this business vertical, by talking about the products & services offered as well as their respective specifications and applications.a