India M!CE outbound market to GCC set to surpass US$ 5bn by 2025

According to a report by ResearchAndMarkets.com titled ‘India Outbound Meetings, Incentives, Conferences and Exhibitions (M!CE) Tourism to Gulf Cooperation Council (GCC) Countries – Market Trends and Opportunities to 2025’ released in December 2019, UAE is the top destination for Indian MICE tourists. Saudi Arabia and Bahrain accounted for more than 15 per cent of the share of the total outbound MICE spending by Indians in 2018. The India outbound MICE market to the Gulf Cooperation Council (GCC) countries is set to surpass US$ 5 Billion by 2025. The report uses a country-focused analysis to explore India outbound MICE tourism market to GCC countries. The report includes historical data from 2014-2018 and forecasts until 2025. It covers six GCC nations: Saudi Arabia, United Arab Emirates (UAE), Kuwait, Qatar, Oman, and Bahrain.