Qatar’s events and exhibition market will have the highest CAGR by 2029 as per ResearchAndMarkets.com

Qatar has demonstrated notable expansion and is one of the most popular locations for GCC exhibitions and events. By 2029, the events and exhibition market in Qatar is expected to have the greatest compound annual growth rate (CAGR) in the area, according to a recent analysis published by ResearchAndMarkets.com, the leading market research marketplace in the world. 

The expanding number of business and leisure travelers, infrastructure development investments, and active government assistance are all contributing to the rapid growth of the events and exhibition market in Qatar, according to the research.

In the Gulf Cooperation Council, Qatar's economy is anticipated to develop at one of the quickest rates during the projection period.

Qatar is now better equipped to host major events thanks to its cutting-edge venues, which include the Doha Exhibition and Convention Center (DECC) and the Qatar National Convention Centre (QNCC). 

Qatar's hosting of 2022 FIFA World Cup greatly enhanced the nation's reputation internationally.

The survey also noted that a number of variables, including as data-driven decision-making, the GCC's emphasis on innovation, greater ROI, and improved attendee experience, have made the use of digital technologies and big data analytics a significant trend in the GCC events and exhibitions sector.

As per the report, the exhibition-type segmentation is predicted to develop at a quicker pace than mixed segmentation, whilst B2B segment will hold the greatest market share in the GCC.