Middle East & Africa Connected Enterprise Market Size & Outlook
The connected enterprise market in Middle East & Africa is expected to reach a projected revenue of US$ 334.2 million by 2030. A compound annual growth rate of 32.3% is expected of Middle East & Africa connected enterprise market from 2024 to 2030.
Revenue, 2023 (US$M)
$47.0
Forecast, 2030 (US$M)
$334.2
CAGR, 2024 - 2030
32.3%
Report Coverage
Middle East & Africa
Middle East & Africa connected enterprise market, 2018-2030 (US$M)
MEA connected enterprise market highlights
- The MEA connected enterprise market generated a revenue of USD 47.0 million in 2023.
- The market is expected to grow at a CAGR of 32.3% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 47.0 million |
| Market revenue in 2030 | USD 334.2 million |
| Growth rate | 32.3% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
| Key market players worldwide | Rockwell Automation Inc, Microsoft Corp, Honeywell International Inc, PTC Inc, International Business Machines Corp |
Other key industry trends
- In terms of revenue, MEA region accounted for 10.0% of the global connected enterprise market in 2023.
- 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 836.1 million by 2030.
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Connected Enterprise Market Scope
Connected enterprise market segmentation & scope
Connectivity Management
Application Enablement
Services
Real-Time Collaboration
Enterprise Infrastrucutre Management
Streaming Analytics
Security Solution
Data Management
Remote Monitoring System
Network Management
Mobile Workforce Management
Asset Performance Management
Customer Experience Management
Platform
Professional Services
Consulting Services
Integration and Deployment Services
Support and Maintenance
Managed Services
Application
Manufacturing
BFSI
IT & Telecom
Retail
Healthcare
Food & Beverage
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Japan
China
India
Australia
South Korea
Brazil
Saudi Arabia
South Africa
UAE
Connected Enterprise Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa connected enterprise market
Related regional statistics
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