×
  • Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    India MICE Market

    ID: MRFR/CG/44981-HCR
    128 Pages
    Pradeep Nandi
    October 2025

    India MICE Market Research Report By Event Type (Meetings, Incentives, Conferences, Exhibitions) and By Booking Mode (Online, Offline)-Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    India MICE Market Infographic
    Purchase Options

    India MICE Market Summary

    As per MRFR analysis, the India mice market Size was estimated at 62.09 USD Billion in 2024. The mice market is projected to grow from 67.29 USD Billion in 2025 to 150.5 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.38% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The India mice market is experiencing a dynamic shift driven by technological advancements and evolving consumer preferences.

    • Technological integration is reshaping the India mice market, enhancing user experience and functionality.
    • Sustainability initiatives are gaining traction, with companies increasingly focusing on eco-friendly materials and practices.
    • The largest segment in the market is gaming mice, while the fastest-growing segment is ergonomic mice, reflecting changing consumer needs.
    • Rising e-commerce demand and increased gaming popularity are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 62.09 (USD Billion)
    2035 Market Size 150.5 (USD Billion)

    Major Players

    Logitech (CH), Razer (SG), Corsair (US), Microsoft (US), SteelSeries (DK), Zowie (BE), HyperX (US), Cooler Master (TW), ASUS (TW)

    India MICE Market Trends

    The mice market in India is currently experiencing notable growth, driven by various factors including increasing corporate activities and a rising number of international events. The demand for venues that can accommodate large gatherings is on the rise, as businesses seek to enhance their networking opportunities and brand visibility. Additionally, advancements in technology are facilitating more sophisticated event management solutions, which are appealing to organizers looking for efficiency and effectiveness. This evolving landscape suggests a shift towards more integrated services that cater to diverse client needs, potentially reshaping the competitive dynamics within the sector. Moreover, the emphasis on sustainability is becoming increasingly relevant in the mice market. Stakeholders are recognizing the importance of eco-friendly practices, which may influence venue selection and event planning. As organizations strive to align with environmental goals, there is a growing expectation for venues to adopt sustainable measures. This trend could lead to a more conscientious approach to event management, where the ecological footprint is minimized while still delivering high-quality experiences. Overall, the current trajectory of the mice market indicates a vibrant and adaptive environment, poised for further development in the coming years.

    Technological Integration

    The integration of advanced technologies is transforming the mice market. Event organizers are increasingly utilizing digital tools for planning and execution, enhancing attendee engagement through virtual and hybrid formats. This trend indicates a shift towards more interactive experiences, allowing for broader participation and improved accessibility.

    Sustainability Initiatives

    Sustainability is becoming a focal point within the mice market. Venues and organizers are adopting eco-friendly practices, such as waste reduction and energy efficiency. This shift reflects a growing awareness of environmental impact, potentially influencing client preferences and venue selection.

    Diverse Venue Offerings

    There is a noticeable diversification in venue offerings within the mice market. From traditional conference centers to unique locations like heritage sites and outdoor spaces, the variety caters to different client needs. This trend suggests a move towards more personalized experiences, enhancing the appeal of events.

    India MICE Market Drivers

    Work-from-Home Trends

    The shift towards remote work in India has created a new landscape for the mice market. As more professionals work from home, the demand for ergonomic and efficient mice has surged. Studies indicate that a significant % of employees prefer to use high-quality peripherals to enhance their productivity. This trend has prompted manufacturers to focus on creating mice that cater to the needs of remote workers, emphasizing comfort and functionality. The mice market is likely to see an increase in sales as companies invest in better equipment for their employees. Furthermore, the rise of hybrid work models may sustain this demand, as individuals continue to seek out reliable devices for both home and office use.

    Rising E-commerce Demand

    The increasing penetration of e-commerce in India is driving the mice market. With a growing number of consumers preferring online shopping, the demand for computer peripherals, including mice, is on the rise. According to recent data, the e-commerce sector in India is projected to reach $200 billion by 2026, which could significantly impact the sales of mice. This trend indicates a shift in consumer behavior, where convenience and accessibility are prioritized. As more individuals engage in online activities, the need for efficient and ergonomic mice becomes essential. Consequently, manufacturers are likely to innovate and diversify their product offerings to cater to this expanding market. The mice market must adapt to these changes to capture the growing consumer base effectively.

    Increased Gaming Popularity

    The surge in gaming culture in India is a notable driver for the mice market. With the gaming industry expected to reach $3 billion by 2025, the demand for high-performance gaming mice is likely to increase. Gamers often seek specialized equipment that enhances their gaming experience, leading to a rise in sales of advanced mice with features such as customizable buttons and high DPI settings. This trend suggests that manufacturers in the mice market may focus on developing products tailored to gamers' needs. Additionally, the rise of esports and competitive gaming events further fuels this demand, as players require reliable and responsive devices. The gaming segment represents a lucrative opportunity for growth within the mice market.

    Growing Awareness of Ergonomics

    There is a rising awareness of the importance of ergonomics in the workplace, which is influencing the mice market in India. As more individuals recognize the health implications of prolonged computer use, the demand for ergonomic mice is likely to increase. Research suggests that ergonomic devices can reduce the risk of repetitive strain injuries, prompting consumers to invest in better equipment. This trend indicates a shift in consumer priorities, where comfort and health take precedence over cost. The mice market may respond by expanding its offerings to include a variety of ergonomic designs. This focus on health and well-being could lead to sustained growth in the market as consumers seek products that enhance their overall work experience.

    Technological Advancements in Design

    Innovations in technology are reshaping the mice market in India. The introduction of wireless and Bluetooth mice has gained traction, appealing to consumers who value convenience and mobility. Additionally, advancements in sensor technology have led to the development of mice with improved accuracy and responsiveness. As the market evolves, manufacturers are likely to invest in research and development to create cutting-edge products that meet consumer expectations. The mice market may also witness a trend towards customizable designs, allowing users to personalize their devices. This focus on innovation could drive competition among brands, ultimately benefiting consumers with a wider range of options.

    Market Segment Insights

    MICE Market Event Type Insights

    The India MICE Market, a vital component of the country's economy, significantly revolves around the Event Type segment, which consists of Meetings, Incentives, Conferences, and Exhibitions. This segment plays a crucial role in driving engagement among businesses and stakeholders. Meetings, for instance, have become essential for organizations looking to foster collaboration and communication, with the growing trend of remote work highlighting the need for in-person interactions to strengthen relationships. Incentives drive employee motivation and productivity, increasingly being adopted by companies aiming to reward top performers and boost morale, thereby creating a dynamic workforce that enhances overall performance.

    MICE Market Booking Mode Insight

    Conferences, serving as platforms for knowledge sharing, networking, and innovation, have gained traction with the rise of professional associations and the need for ongoing education; they connect thought leaders and industry stakeholders to discuss pressing issues and share insights. Lastly, exhibitions offer unparalleled opportunities for businesses to showcase their products and services, facilitating direct engagements with potential customers and partners, which is increasingly vital in an era of digital transformation.

    Each aspect of this segment not only contributes to the India MICE Market revenue but also highlights the country's position as a key player in the global MICE landscape, fueled by its rich cultural heritage, advanced infrastructure, and growing corporate sector. The MICE industry's growth is driven by favorable government initiatives, significant investments in event facilities, and the burgeoning tourism sector, which altogether foster a conducive environment for hosting diverse events.

    Despite challenges such as changing regulations and environmental concerns, the Event Type segment presents numerous opportunities for growth and innovation, establishing itself as a vital pillar within the overall India MICE Market industry. As this sector continues to evolve, it becomes increasingly important for stakeholders to adapt to changing market trends, harness technological advancements, and explore new avenues for sustainable practices to remain competitive.

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Understanding these insights is vital for stakeholders to navigate the complexities of booking modes effectively.

    Get more detailed insights about India MICE Market

    Key Players and Competitive Insights

    The mice market exhibits a dynamic competitive landscape, characterized by rapid technological advancements and evolving consumer preferences. Key players such as Logitech (CH), Razer (SG), and Microsoft (US) are at the forefront, each adopting distinct strategies to enhance their market positioning. Logitech (CH) focuses on innovation and sustainability, launching eco-friendly products that appeal to environmentally conscious consumers. Razer (SG), on the other hand, emphasizes high-performance gaming peripherals, targeting the burgeoning esports segment. Microsoft (US) leverages its extensive software ecosystem to integrate advanced features into its mice, enhancing user experience and productivity. Collectively, these strategies contribute to a competitive environment that prioritizes innovation and consumer engagement.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and improve supply chain efficiency. This approach not only mitigates risks associated with The mice market demands. The competitive structure of the mice market appears moderately fragmented, with several players vying for market share. However, the influence of major companies remains substantial, as they set trends and standards that smaller firms often follow.

    In October 2025, Logitech (CH) announced the launch of its new line of gaming mice, which incorporates advanced AI-driven features for enhanced performance. This strategic move is significant as it positions Logitech (CH) to capture a larger share of the gaming market, which continues to expand rapidly. The integration of AI technology not only differentiates their products but also aligns with the growing consumer demand for smarter, more responsive devices.

    In September 2025, Razer (SG) unveiled a partnership with a leading esports organization to develop a co-branded line of gaming mice. This collaboration is strategically important as it allows Razer (SG) to tap into the vast audience of esports enthusiasts, thereby enhancing brand visibility and loyalty. By aligning with professional gamers, Razer (SG) reinforces its reputation as a premier gaming brand, which could lead to increased sales and market penetration.

    In August 2025, Microsoft (US) expanded its product line with the introduction of a new ergonomic mouse designed specifically for remote workers. This initiative reflects a growing trend towards remote work solutions, indicating Microsoft's responsiveness to changing work environments. By focusing on ergonomics and user comfort, Microsoft (US) not only addresses consumer needs but also positions itself as a leader in the productivity segment of the mice market.

    As of November 2025, current competitive trends are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances, such as partnerships between hardware manufacturers and software developers, are shaping the landscape, fostering innovation and enhancing product offerings. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, user experience, and supply chain reliability. Companies that prioritize these aspects may gain a competitive edge in an increasingly crowded market.

    Key Companies in the India MICE Market market include

    Industry Developments

    The India MICE Market(Meetings, Incentives, Conferences, and Exhibitions) Market has seen significant developments recently. In October 2023, Radisson Hotels announced their plans to enhance their event offerings across various locations in India, focusing on sustainability and technology integration. InterContinental Hotels Group has also expanded its property portfolio in key cities, aligning with the growing demand for MICE facilities in the country. The Indian Hotels Company Limited, which operates Taj Hotels, reported an uptick in booking rates for events, indicating a resurgence in corporate travel and business events post-pandemic.

    Moreover, Savaari and Incredible India have collaborated to improve travel and logistics for MICE events, showcasing regional tourism, while Hilton Worldwide and Marriott International are investing in new properties tailored specifically for event hosting. There have been noteworthy mergers, such as Accor's acquisition of a local event management company in September 2023, aligning with its expansion strategy in the Indian market. Growth in the market is further reflected in the rising valuations of these companies as they adapt to changing needs and enhance their offerings to capture the evolving MICE segment in India.

    Future Outlook

    India MICE Market Future Outlook

    The mice market in India is projected to grow at 8.38% CAGR from 2024 to 2035, driven by technological advancements, increasing consumer demand, and expanding distribution channels.

    New opportunities lie in:

    • Development of ergonomic gaming mice for eSports enthusiasts.
    • Expansion of subscription-based mouse maintenance services.
    • Introduction of customizable mice with modular components.

    By 2035, the mice market is expected to achieve substantial growth, reflecting evolving consumer preferences and technological innovations.

    Market Segmentation

    India MICE Market Industry Outlook

    • Corporate
    • Healthcare
    • Education
    • Technology
    • Finance

    India MICE Market Event Type Outlook

    • Conferences
    • Exhibitions
    • Incentive Travel
    • Meetings
    • Seminars

    India MICE Market Service Type Outlook

    • Venue Rental
    • Catering Services
    • Audio-Visual Equipment
    • Event Management Services
    • Transportation Services

    India MICE Market Attendee Type Outlook

    • Delegates
    • Exhibitors
    • Sponsors
    • Speakers
    • Organizers

    Report Scope

    MARKET SIZE 2024 62.09(USD Billion)
    MARKET SIZE 2025 67.29(USD Billion)
    MARKET SIZE 2035 150.5(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.38% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Logitech (CH), Razer (SG), Corsair (US), Microsoft (US), SteelSeries (DK), Zowie (BE), HyperX (US), Cooler Master (TW), ASUS (TW)
    Segments Covered Event Type, Service Type, Industry, Attendee Type
    Key Market Opportunities Integration of advanced wireless technology in the mice market enhances user experience and functionality.
    Key Market Dynamics Rising demand for ergonomic designs drives innovation and competition in the mice market.
    Countries Covered India

    Leave a Comment

    FAQs

    What is the expected market size of the India MICE Market in 2024?

    The India MICE Market is expected to be valued at 62.09 USD Billion in 2024.

    What is the projected market size of the India MICE Market by 2035?

    By 2035, the India MICE Market is projected to reach a value of 166.08 USD Billion.

    What is the expected CAGR for the India MICE Market from 2025 to 2035?

    The anticipated CAGR for the India MICE Market from 2025 to 2035 is 9.357%.

    Which event type holds the largest value within the India MICE Market in 2024?

    In 2024, the 'Meetings' segment holds the largest value at 19.0 USD Billion.

    What is the expected value of the Incentives segment in the India MICE Market by 2035?

    The Incentives segment is expected to reach 36.8 USD Billion by 2035.

    Who are some of the major players in the India MICE Market?

    Major players include Radisson Hotels, InterContinental Hotels Group, and Marriott International.

    What will the value of the Conference segment be in 2024?

    The Conference segment will be valued at 16.0 USD Billion in 2024.

    What value is projected for the Exhibition segment in 2035?

    The Exhibition segment is projected to have a value of 34.88 USD Billion by 2035.

    What are the growth drivers for the India MICE Market?

    Key growth drivers include the increasing demand for corporate meetings and events.

    How is the India MICE Market expected to evolve in response to emerging trends?

    The market is likely to evolve with trends like hybrid events and sustainable practices gaining traction.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions