Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market, By Event Type, By Facility Size, By Venue Type, By Attendee Origin, By Revenue Source

Description

The Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market size is estimated at US$ 4.8 Billion in 2025 and is expected to reach US$ 8.89 Billion by 2032, growing at a compound annual growth rate (CAGR) of 9.20% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 4.8 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	9.20%	2032 Value Projection:	USD 8.89 Bn

Figure. Singapore Meetings, Incentives, Conferences And Exhibitions (MICE) Market Share (%), By Attendee Origin 2025

Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market - IMG1

Meetings, Incentives, Conferences, and Exhibitions (MICE) play a crucial role in today's global business landscape. These events provide opportunities for businesses and organizations to foster connections, collaborate, and showcase their products and services on a large scale. The significance of Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market has grown rapidly over the years, making it a prominent part of the global economy.

Market Dynamics:

The Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market has witnessed remarkable growth in recent years, propelling it to become one of the most sought-after destinations for business events in the Asia Pacific region. The city-state boasts state-of-the-art facilities and a well-developed infrastructure to accommodate various types of MICE events. Some of the prominent venues in Singapore include Suntec Singapore, Marina Bay Sands, Singapore EXPO, and Raffles City Convention Centre, among others.

Several factors drive the growth of Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market. Firstly, Singapore provides excellent connectivity, with its world-class Changi Airport serving as a major regional hub. This accessibility attracts international delegates and exhibitors, enhancing the global appeal of the MICE events held in the country. Additionally, the country offers a safe and reliable business environment, making it an ideal choice for hosting conferences and meetings.

While Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market presents vast opportunities, it is not without challenges. The intense competition from other global MICE destinations necessitates continuous innovation and differentiation. Moreover, geopolitical and economic uncertainties can impact travel and business confidence, affecting the overall demand for MICE events.

Key Features of the Study:

This report provides an in-depth analysis of the Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Suntec Singapore, Resorts World Convention Centre, Marina Bay Sands, Singapore EXPO Convention and Exhibition Centre, Raffles City Convention Centre, Singapore International Convention & Exhibition Centre, Changi Exhibition Centre, One Farrer Hotel & Spa, Grand Copthorne Waterfront Hotel, Capella Singapore, PARKROYAL on Beach Road, M Social Hotel Singapore, The Ritz-Carlton Millenia Singapore, InterContinental Singapore, and Shangri-La Hotel
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market

Detailed Segmentation:

Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market by Event Type:
- Meetings
- Incentives
- Conferences
- Exhibitions & Trade Shows
- Others
Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market by Facility Size:
- Large (more than 100,000 sq. ft.)
- Medium (50,000 - 100,000 sq. ft.)
- Small (less than 50,000 sq. ft.)
Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market by Venue Type:
- Hotels
- Convention & Exhibition Centers
- Unique Venues
- Others
Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market by Attendee Origin:
- Domestic
- International
- Others
Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market by Revenue Source:
- Participant Fees
- Sponsorships
- Exhibit Fees
- Others
Company Profiles
- Suntec Singapore
- Resorts World Convention Centre
- Marina Bay Sands
- Singapore EXPO Convention and Exhibition Centre
- Raffles City Convention Centre
- Singapore International Convention & Exhibition Centre
- Changi Exhibition Centre
- One Farrer Hotel & Spa
- Grand Copthorne Waterfront Hotel
- Capella Singapore
- PARKROYAL on Beach Road
- M Social Hotel Singapore
- The Ritz-Carlton Millenia Singapore
- InterContinental Singapore
- Shangri-La Hotel

Product Code: CMI6467

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Event Type
- Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Facility Size
- Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Venue Type
- Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Attendee Origin
- Market Singapore Meetings, Incentives, Conferences and Exhibitions (MICE), By Revenue Source
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Government support and initiatives
- Seasonality of demand
- Hybrid Events
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Event Type, 2020-2032, (US$ Mn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Event Type
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Incentives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Conferences
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Exhibitions & Trade Shows
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)

6. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Facility Size, 2020-2032, (US$ Mn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Large (more than 1,00,000 sq. ft.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
Medium (50,000 - 1,00,000 sq. ft.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
Small (less than 50,000 sq. ft.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)

7. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Venue Type, 2020-2032, (US$ Mn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Venue Type
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
Convention & Exhibition Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
Unique Venues
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)

8. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Attendee Origin, 2020-2032, (US$ Mn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Domestic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
International
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)

9. Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Market , By Revenue Source, 2020-2032, (US$ Mn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Participant Fees
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
Sponsorships
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
Exhibit Fees
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)

10. Competitive Landscape

Suntec Singapore
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Resorts World Convention Centre
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Marina Bay Sands
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Singapore EXPO Convention and Exhibition Centre
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Raffles City Convention Centre
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Singapore International Convention & Exhibition Centre
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Changi Exhibition Centre
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
One Farrer Hotel & Spa
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Grand Copthorne Waterfront Hotel
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Others
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

11. Section

Research Methodology
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