The future of Australia: 25 years of change · The future of meetings: 25 years of change...
Transcript of The future of Australia: 25 years of change · The future of meetings: 25 years of change...
Demographics 1992 NOW 2042
Australian population 17,557,133 24,917,746 37,582,040
Victorian population 4,458,219 6,187,875 9,413,745
Average annual income $30,503 $78,832 $184,428
Average house cost -Melbourne $125,000 $770,000 $5,180,000
Number of births 262,600 315,500 441,474
Median age Australia 32.7 37.2 39.3
Population growth rate 1.1% 1.4% 1.7%
The future of Australia: 25 years of changeTourism 1992 NOW Increase
Short-term arrivals to Australia 2,603,300 7,836,300
Short-term arrivals to Australiafor convention / conference 32,300 199,700
Estimated international visitorexpenditure in Australia $4,264,200,000 $38,800,000,000
Average expenditure ofvisitors to Australia $1,634 $4,951
Top 5 source countries ofarrivals to Australia
Japan
New Zealand
UK
USA
Singapore
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Significantmoments intechnology
Melbourneevents
1992 NOWThe NEC SX-3/44 became the fastest supercomputer,performing 22 million calculations per second.
Coca-Cola was the world’s most valuable company.
Computer Gaming World magazine namedLemmings (released just the previous year) as theAction Game of the Year.
The Sunway TaihuLight supercomputer from Chinabecame the world's most powerful computer. It canperform around 125,000 trillion calculations per second.
Google parent Alphabet passes Apple in 2016 tobecome the world's most valuable public company.
Pokémon Go downloaded over 500 million times.
AFL Grand Final:West Coast Eagles won their first premiership.
AFL Grand Final:Western Bulldogs win the 2016 premiership after a62-year drought.
Australian Open mens singles final:Jim Courier defeated Stefan Edberg to win the title.
Australian Open mens singles final:Roger Federer won his fifth Australian Open title.
630,000
447,800
290,000
262,900
116,800
New Zealand
China
UK
USA
Singapore
1,327,500
1,160,600
708,300
670,900
432,000
Because everything is so techy and virtual,
conference becomes all the more important
because that face to face is lacking…the touch is
not there, the eye contact is not there, the human
connectivity is not there.*
5,700,000times faster
The future of meetings: 25 years of changeConventions
Top 3 technologies to impact the industry
Communication in the future
Meetings
Methodology
1992 NOWLargely male Australians,pen and paper in hand.
Half international, moredeveloping countries andminimum of 2-3 devicesin hand.
Past Present
Number of meetings - global 12,260 54,844
Number of Associationmeetings - Australia 304 1,140
Total participants - Australia 200,974 521,065
Average length of meeting (days) 4.9 3.8 days
Proportion of all meetings thatare held annually 42.5% 57.6%
Average number of participantsper meeting - global 591 424
Average registration fee*
Average expenditure perdelegate*
$562 $698
1988-1992
2008-2012
$2,553 $3,174
* Data from 1993-1994
Research analysis and infographic by McCrindle 2017.
The Future of Australia – ABS.
Melbourne Housing figures – REIV.
International Visitor Expenditure – State of the Industry 2015.
Expenditure in Victoria – DEDJTR TV Annual Report 2015.
Conventions – ICCA – A Modern History of International Association Meetings.
† McCrindle conducted a survey of stakeholders in the MICE industry, yielding a total of 224 responses. The survey was in field from 15 December 2016 to 23 January 2017.
* McCrindle conducted 14 in-depth interviews with industry experts, during November and December 2016.
1 3Internetof things
Live informationfeeds for instantpresentationadaptation
Real timelanguagetranslation
The history of delegates
2
1 2
3
4Face-to-face
89%
Online
Social media
Event apps
88%81%
70%
The average conferencelength is getting shorter.
The average plenarysession is getting shorter.
The average networkingtime is getting longer.
7% 57%
Longer Shorter
7% 42%
64% 10%
Comparison
10 years ago: 70min | Now: 50min | 10 years time: 35min
mccrindle.com.au
C O M M I S S I O N E D B Y
R E S E A R C H & I N F O G R A P H I C B Y
% of surveyrespondents†
Change