Global MICE(Meeting, Incentive, Industry and Exhibition) Market 2020-2025
Twenty to thirty year olds have moved into the Conference standard and have now become a predominant power in gatherings. It is an age that is so educated this is intrinsically reflected in their desires when meeting for business and joy.
Team Building is the most well known incorporation in meetings this year, and activities that include network and altruistic exercises for social effect are what organizers are searching for in 2020.
It’s nothing unexpected that a sizable area of lodging patterns are innovation related. Development in the innovation part has been bursting ahead at a fast pace; already costly advances like artificial intelligence and digital room keys are presently more moderate than any time in recent and application abilities imply that hoteliers and visitors have energizing new alternatives.
ROLE OF IOT IN MICE MARKET
The internet of things (IOT) is spreading into homes, yet in addition into lodgings. From access to spilling administrations to a room key on your cell phone, the fundamental luxuries in a guestroom are getting progressively computerized.
Visitors need attendant services or temperature controls at the press of a catch , and voice-enacted controls are growing past basically asking Intelligent personal assistant to play your main tune. These patterns may sound advanced now, however in a couple of years, visitors will anticipate them. A considerable lot of these developments require just negligible changes to a cutting edge guestroom, so a groundbreaking hotelier can execute them rapidly and productively.
An attention on environmental manageability isn’t new, however how much visitors expect eco-accommodating items and administrations is. Basically recommending that the present explorer needs to remain at lodgings that have coordinated green practices in all parts of their business.
From physical changes to lodging structures, similar to the expansion of sun based boards, to F&B menus with more veggie lover and vegetarian decisions, it’s apparent that these naturally cordial patterns are digging in for the long haul.
- Marriott International
- Choice Hotels International
- Hilton Worldwide
- G6 Hospitality LLC
- Extended Stay America
- Wyndham Hotels & Resorts
- InterContinental Hotels Group
- Hyatt Hotels Corporation
- Best Western
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- Market Size and Forecast, by geography($M)
- Opportunities and risks in Global MICE(Meeting, Incentive, Industry and Exhibition) Market
- Important technology trends and regulatory changes
- 5 key predictions for next 5 years in Global MICE(Meeting, Incentive, Industry and Exhibition) Market
- Competitive landscape and market share of leading vendors
|2||Scope of the report|
|7||Insights from Industry stakeholders|
|8||Cost breakdown of Product by sub-components and average profit margin|
|9||Disruptive innovation in the Industry|
|10||Technology trends in the Industry|
|11||Consumer trends in the industry|
|12||Recent Production Milestones|
|13||Component Manufacturing in US, EU and China|
|14||COVID-19 impact on overall market|
|15||COVID-19 impact on Production of components|
|16||COVID-19 impact on Point of sale|
|17||Market Segmentation, Dynamics and Forecast by Geography, 2020-2025|
|18||Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025|
|19||Market Segmentation, Dynamics and Forecast by Application, 2020-2025|
|20||Market Segmentation, Dynamics and Forecast by End use, 2020-2025|
|21||Product installation rate by OEM, 2020|
|22||Incline/Decline in Average B-2-B selling price in past 5 years|
|23||Competition from substitute products|
|24||Gross margin and average profitability of suppliers|
|25||New product development in past 12 months|
|26||M&A in past 12 months|
|27||Growth strategy of leading players|
|28||Market share of vendors, 2020|
|30||Unmet needs and opportunity for new suppliers|