Singapore MICE Tourism Market Scope, Segmentation, Increasing Demands, Statistics and Regional Forecast

(MENAFN- America News Hour) Singapore MICE tourism market is projected to reach nearly US$ 2.5 Billion across the 20 countries covered in this report by the year end of 2021.

Singapore is one of the world's top MICE (Meetings, Incentives, Conventions & Exhibitions) destination. Singapore is a stellar MICE city, maintaining a perfect tourism impression among world-wide travelers with its stable and conducive business environment, convenient transportation, pleasant environment and well-appointed facilities.

These factors tend to attract international organizations to base their regional offices in the city. Singapore has always been a magnetic venue for business and leisure. Sightseeing, catering, entertainment, business events and exhibitions together create an integrated tourism chain in this country. Facilities for both business and leisure such as World Resort Sentosa, Universal Studios Singapore, Merlion's Park, Suntec Singapore and Singapore EXPO ensure Singapore's position as a prime MICE destination. Singapore provides a conducive platform for MICE travelers to achieve their success in Singapore through a dynamic environment underpinned by vibrant knowledge, wide networks, ease of doing business and a sense of fun.

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The Singapore MICE Tourism Market report answers the following questions:

What is the aim of the report?

• The Singapore MICE Tourism Market report presents the estimated Singapore MICE Tourism Market size of Singapore MICE Tourism Market by the end of forecast period. Additionally, the historical and current Singapore MICE Tourism Market size is also examined in the report.
• Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
• An overview of the Singapore MICE Tourism Market based on geographical scope, Singapore MICE Tourism Market segmentation and financial performance of key players is presented in the report.
• The report presents current trends in the industry and future scope of the Singapore MICE Tourism Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
• The various parameters accelerating the growth of the Singapore MICE Tourism Market are incorporated in the research report.
• The report analyzes growth rate, Singapore MICE Tourism Market size and valuation of the Singapore MICE Tourism Market during the forecast period.

Singapore MICE Travelers Insights

China and Indonesia will be the major source market for Singapore MICE tourism by the year end of 2021. India will be the third leading source market for Singapore MICE tourism by 2021. Japan stand at the fourth spot with XX% share of the Singapore MICE tourist arrivals. South Korea and Thailand holds the fifth and sixth highest share of the Singapore MICE tourist arrivals, being followed by United States by the year end of 2021.

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Singapore MICE Tourism Market Revenue Insights

Japan MICE travelers has enjoyed a significant role in contributing revenue to the Singapore economy in 2015. Japan contributed 18.1% share in 2015 but Japan will not retain its #1 position in the revenue generator due to the fall in the MICE travelers' in Singapore. It is predicted that China, India and Indonesia will be leading revenue generators by the year end of 2021. Other countries such as South Korea, United States and Thailand will also be the major revenue generators by the year end of 2021.

The research report titled ' Singapore Meetings, Incentives, Conventions, Exhibitions (MICE) Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2016 – 2021' provides detailed information on the Singapore MICE Tourism Market. This report analyzes market data and provides a better understanding of MICE travelers flows and revenue to Singapore. Market outlook in value terms for the forecasted period for Singapore MICE tourism market has been detailed in the report. This report also entails a detailed description of growth drivers and challenges of the Singapore MICE tourism market.

Based on what factors are the key Singapore MICE Tourism Market players assessed in this report?

• The report offers detailed analysis of leading companies in the Singapore MICE Tourism Market across the globe.
• A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report.
• The facts and figures about Singapore MICE Tourism Market competitors along with standpoints of leading Singapore MICE Tourism Market players are presented in the report.
• The recent developments, mergers and acquisitions related to mentioned key players are provided in the Singapore MICE Tourism Market report.

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This 115 Page report with 84 Figures and 4 Tables has been analyzed from 5 viewpoints:

Singapore MICE Tourism Market – 20 Countries Covered

Table of Contents

1. Executive Summary

2. Singapore – Overall MICE Travelers, Revenue & Forecast (2010 – 2021) 
2.1 Singapore – Overall MICE Travelers & Forecast
2.2 Singapore – Overall MICE Revenue & Forecast

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3. Singapore – MICE Travelers, Revenue Share & Forecast (2010 – 2021) 
3.1 Singapore MICE Travelers Share & Forecast
3.2 Singapore MICE Revenue Share & Forecast

4. Singapore MICE Travelers, Revenue & Forecast – Top 20 Country Analysis (2010 – 2021) 
4.1 Indonesia – MICE Travelers, Revenue & Forecast
4.1.1 Indonesia – MICE Travelers to Singapore
4.1.2 Indonesia – MICE Revenue to Singapore
4.2 Malaysia – MICE Travelers, Revenue & Forecast
4.2.1 Malaysia – MICE Travelers to Singapore
4.2.2 Malaysia – MICE Revenue to Singapore
4.3 Philippines – MICE Travelers, Revenue & Forecast
4.3.1 Philippines – MICE Travelers to Singapore
4.3.2 Philippines – MICE Revenue to Singapore
4.4 Thailand – MICE Travelers, Revenue & Forecast
4.4.1 Thailand – MICE Travelers to Singapore
4.4.2 Thailand – MICE Revenue to Singapore
4.5 China – MICE Travelers, Revenue & Forecast
4.5.1 China – MICE Travelers to Singapore
4.5.2 China – MICE Revenue to Singapore
4.6 Taiwan – MICE Travelers, Revenue & Forecast
4.6.1 Taiwan – MICE Travelers to Singapore
4.6.2 Taiwan – MICE Revenue to Singapore

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Source :Singapore MICE Tourism Market

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