Invest in Russia — invest in Russian regions!
All analytics

Meetings Industry as a Driver of Economic Development. Regional Aspect

Research
8 February 2018
Индустрия встреч как драйвер развития экономики. Региональный аспект
Source
Release date
05/30/2017

Meetings Industry is one of three segments of the event industry, including the organisation of business meetings, with dedicated market participants, goals and objectives, standards, development priorities and communication tools. The meeting in this context means a business event in case of which a certain number of people gather together to discuss or carry out certain activities.


The International Congress and Convention Association ICCA has determined that the congress market is composed of40 million events, 2 billion participants and annual industry revenues of more than €800 billion. According to the ICCA, around 19,000 different events are held around the world by 7,000 international specialist associations on a regular basis. The list of the top five world leaders, where business events are held, remains unchanged: the United States, Germany, UK, France, Spain.

The share of Russia in the world market of international congress events, according to official estimates, is less than 1%. According to the ICCA, Russia ranks 22nd in the European ranking of countries by events held. The first place is occupied by Germany. The total number of congress events held annually in Russia is 12,000 — 13,000.

According to VNITs R&C, Moscow hosts more than 5,000 events annually, St. Petersburg hosts 2,000-3,000 large business events including congresses, conferences, forums, summits. In 2017, VNITs R&C prepared a new project reflecting the level of congress and exhibition potential of the capitals of the SCO member states and the CIS. The international rating covers 15 cities, including the capitals of existing members of international organisations, as well as two countries — India and Pakistan, which will become the SCO official members in the near future.

According to the survey data, the following capitals were included in the top 5 international rating: Beijing, Moscow, Kiev, New Delhi, and Astana.

Anlytics on the topic

All analytics
Research
18 April 2019
Budget surplus saved for the future

The Analytical Credit Rating Agency (ACRA) has published 2018 budget results for Russian regions.


Research
13 November 2020
Russia's tourism appeal for Europeans

In this work the Research Centre NAFI studies how Europeans perceive Russia as a tourist destination.

Research
15 June 2022
Russia and Kazakhstan – drivers of regional development

The study of the Roscongress Foundation presents the main areas of cooperation between the Russian Federation and the Republic of Kazakhstan in the field of economy, humanitarian interaction and in the geopolitical arena.

Research
27 August 2020
The rating of the efficiency of the functioning of the agro-industrial complex in the entities of the Russian Federation in the Q1 2020

The rating developed by the Institute for Complex Strategic Studies (ICSS) makes it possible to assess the effectiveness of the functioning of the agro-industrial complex in the constituent entities of the Russian Federation, to determine the leading entities and to reveal the scale of imbalances in the development of agriculture in the country as a whole.