Middle East & Africa Iot In Construction Market Size & Outlook
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MEA iot in construction market highlights
- The MEA iot in construction market generated a revenue of USD 353.4 million in 2024.
- The market is expected to grow at a CAGR of 17.4% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 353.4 million |
| Market revenue in 2030 | USD 941.6 million |
| Growth rate | 17.4% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Sony Group Corp, Intel Corp, STMicroelectronics NV, Samsung Electronics Co Ltd, LG Electronics Inc ADR, Sharp Corp, Toshiba Corporation, Luxvisions, FUJIFILM Holdings Corp |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.6% of the global iot in construction market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,248.5 million by 2030.
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IoT in Construction Market Scope
IoT in Construction Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Luxvisions | View profile | - | Lantau, New Territories, Hong Kong, Asia | https://www.luxvisions-inno.com/ |
| Sharp Corp | View profile | 46200 | 1 Takumi-machi, Sakai-ku, Sakai-shi, Osaka, Japan, 590-8522 | https://www.sharp.co.jp |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | http://www.bosch.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
Middle East & Africa iot in construction market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot in construction market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 69.47% in 2024. Horizon Databook has segmented the Middle East & Africa iot in construction market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of iot in construction market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa iot in construction market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa iot in construction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA iot in construction market size, by country, 2018-2030 (US$M)
Middle East & Africa IoT in Construction Market Outlook Share, 2024 & 2030 (US$M)
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