Speaking during Imex's opening ceremony at Messe Frankfurt in Germany today, Imex chairman Ray Bloom highlighted the "resilience" of the meetings industry.
"After caution and restricted demand we are glad to see signs of upturn in the indsutry," said Bloom.
He added that emerging markets were "increasingly making their mark" and that overall the events industry is more "outward looking, stronger and more flexible".
"One area in which evolution has accelerated at an extraordinary pace is in technology," said Bloom.
"Technology has changed the content of meetings, the interaction of delegates and the speed, type and method of delivery."
Meanwhile, MPI chairman Eric Rozenberg said the meetings industry was set to grow through "collaboration, innovation and motivation".
"I am convinced the future of the industry relies on the passion of the people in it," he said.
"True innovators will embrace technology and push the boundaries of what a meeting or event can or should do. As we move into the future we must anchor those people that stand out for the power of innovation. Our reliance on each other in tough times keeps us motivated."
The ninth Imex Frankfurt is being held until 26 May and includes more than 90 educational seminars.