US MICE market expected to reach USD 416,683.8 Million by 2033 with 6.8% CAGR
From GlobeNewswire.: 2024-07-29 00:30:00
Custom Market Insights published a report on the US MICE market, showing a value of USD 215,821.2 Million in 2023 expected to reach USD 416,683.8 Million by 2033 with a 6.8% CAGR. Technological advances, hybrid event adoption, sustainability focus, destination diversity, strategic partnerships, and government support drive market growth. Partnerships with ITA Group and PRM Marketing Services and Meeting and Incentives Worldwide, Inc. with Bizly enhance market operations. The market thrives on collaboration, government support, infrastructure investments, and strategic partnerships. The COVID-19 pandemic disrupted in-person events, leading to a shift to virtual and hybrid formats and the implementation of enhanced health and safety protocols. Strategic marketing, partnerships, and collaboration are key for market recovery and growth. The US MICE market faces threats that could impact growth and profitability in the future.
Read more at GlobeNewswire.: [Latest] US MICE Market Size/Share Worth USD 416,683.8