Mordor Intelligence ranks Percept No. 1 in the Events & Exhibitions domain in India 20 March, 2025
Mordor Intelligence, a global market research consulting firm, has recognized & featured Percept Ltd. as a key leader in India’s Event & Exhibition industry. Their latest report, "India Event & Exhibition Market (2024-2029)", highlights Percept Live, Percept MICE, and Percept ICE for their impact on the Events, Exhibitions and Intellectual Properties landscape in the sub-continent. The India Event And Exhibition Market size is estimated at USD 5.66 billion in 2025, and is expected to reach USD 8.44 billion by 2030, at a CAGR of 8.31% during the forecast period (2025-2030). • Exhibitions and events are some of the critical enablers and triggers of the economy. With India being one of the fastest-growing economies, the government initiatives to help enterprises in different industries are expected to improve the need for events and exhibitions in the country. • India has a vast consumer market, and it offers an unparalleled opportunity for enterprises to invest and expand in the country. According to the India Brand Equity Foundation and Retailers Association of India, the retail market size across India will reach USD 1,750 billion by 2026. • Exhibitions are among some of the powerful enablers of trade and economic growth globally. Various nations in Europe and Asia used exhibitions as business platforms to propel their regions' economic development and investments. In line with India's economic development, the exhibitions industry has seen rapid growth. Today, India is one of the prime exhibition destinations globally. • Event planning goes hand in hand with the marketing efforts of the organizers. In order to do so, such event organizers charge a hefty amount from participants. Inefficient marketing may lead to lower footfall which leads to lower sales for vendors that signed up for the exhibition. Such scenarios are why organizers tend to have hefty entry fees to communicate appropriately about the exhibition. • The COVID-19 pandemic had a harsh negative impact on various industries across the country. The event and exhibition industry was no stranger to this trend. With the lockdown announcement, the sphere of outdoor entertainment came to an absolute standstill. According to the Indian Exhibitions Industry Association (IEIA), India's exhibition sector lost an estimated INR 3,570 crore. In such a fragmented, competitive market, it’s kudos to Percept for emerging as the No.1 player in the Experiential space and continuing to set tall benchmarks in the Entertainment, Media & Communications domain! Read more at: https://www.mordorintelligence.com/industry-reports/event-and-exhibition-market-india