The mice market in India is expected to reach a projected revenue of US$ 103,686.5 million by 2030. A compound annual growth rate of 13.2% is expected of India mice market from 2025 to 2030.
The India mice market generated a revenue of USD 49,402.6 million in 2024 and is expected to reach USD 103,686.5 million by 2030.
The India market is expected to grow at a CAGR of 13.2% from 2025 to 2030.
In terms of segment, meetings was the largest revenue generating event type in 2024.
Incentives is the most lucrative event type segment registering the fastest growth during the forecast period.
Mice market data book summary
Market revenue in 2024
USD 49,402.6 million
Market revenue in 2030
USD 103,686.5 million
Growth rate
13.2% (CAGR from 2025 to 2030)
Largest segment
Meetings
Fastest growing segment
Incentives
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Meetings, Incentives, Conferences, Events
Key market players worldwide
American Express Co, CWT Meetings & Events, BCD Meetings & Events, Maritz, Conference Care, ATPI Limited, FCM Travel Solutions, Global Cynergies, Aviareps AG, ITL World, Questex, Global Business Travel Group Inc Ordinary Shares - Class A, Meetings & Incentives Worldwide, One10, Creative Group, CWT
Other key industry trends
In terms of revenue, India accounted for 5.7% of the global mice market in 2024.
Country-wise, Germany is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China mice market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 103,686.5 million by 2030.
MICE tourism is increasing significantly in India. It benefits the economy in a number of ways, including opening up new business prospects, spreading knowledge, offering training, and improving skills. MICE destinations play a key role in market growth.
In India, MICE destinations are greatly facilitated by the Central and State Governments. The State Governments are tasked with providing last-mile connectivity, local civic infrastructure & services, and facilitating core MICE infrastructure, while the Central Government will be in charge of promoting India in international markets, developing aviation infrastructure, liberalizing the VISA regime, etc.
These factors are expected to accelerate market growth over the forecast period. The exhibition industry in India is rapidly growing, which will accelerate the market growth over the forecast period.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to MICE Market Outlook will help companies and investors design strategic landscapes.
Meetings was the largest segment with a revenue share of 48.0% in 2024.
Horizon Databook has segmented the India mice market based on meetings, incentives, conferences, events covering the revenue growth of each sub-segment from 2018 to 2030.
MICE tourism is increasing significantly in India. It benefits the economy in a number of ways, including opening up new business prospects, spreading knowledge, offering training, and improving skills. MICE destinations play a key role in market growth.
In India, MICE destinations are greatly facilitated by the Central and State Governments. The State Governments are tasked with providing last-mile connectivity, local civic infrastructure & services, and facilitating core MICE infrastructure, while the Central Government will be in charge of promoting India in international markets, developing aviation infrastructure, liberalizing the VISA regime, etc.
These factors are expected to accelerate market growth over the forecast period. The exhibition industry in India is rapidly growing, which will accelerate the market growth over the forecast period.
India Mice Market Event Type Outlook (Revenue, USD Million , 2018-2030)
Meetings
Incentives
Conferences
Events
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Horizon Databook provides a detailed overview of country-level data and insights on the India MICE Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India MICE Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.