Global Outbound MICE Market to touch $1272.2 Billion by 2031

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Growing at a CAGR of 13.3% from 2022 to 2031, the global outbound MICE market is projected to reach $1272.2 billion by 2031, according to the latest report by Allied Market Research. The market generated $225.9billion in 2021. The excellent connectivity with key international destinations to boost the growth of the global outbound MICE market. Thriving international business travel, global tourism, and an increase in the frequency of mouse events such as meetings around the world will create lucrative growth avenues for the global industry. Governments’ enacted strict laws on tourism and travel during the COVID-19 to stop the spread of virus that hindered the growth of the global market. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape.