Middle East & Africa Control Tower Market Size & Outlook
Middle East & Africa control tower market, 2017-2030 (US$M)
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MEA control tower market highlights
- The MEA control tower market generated a revenue of USD 932.5 million in 2023.
- The market is expected to grow at a CAGR of 22.7% from 2024 to 2030.
- In terms of segment, operational was the largest revenue generating type in 2023.
- Analytical is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 932.5 million |
| Market revenue in 2030 | USD 3,898.7 million |
| Growth rate | 22.7% (CAGR from 2023 to 2030) |
| Largest segment | Operational |
| Fastest growing segment | Analytical |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Analytical, Operational |
| Key market players worldwide | E2open Parent Holdings Inc Class A, Infor, Kinaxis Inc, Coupang Inc Ordinary Shares - Class A, One Network Enterprises, SAP SE, Friedman Industries Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 11.2% of the global control tower market in 2023.
- Globally, North America 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 9,575.2 million by 2030.
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Control Tower Market Scope
Control Tower Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa control tower 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 control tower market will help companies and investors design strategic landscapes.
Operational was the largest segment with a revenue share of 83.38% in 2023. Horizon Databook has segmented the Middle East & Africa control tower market based on analytical, operational covering the revenue growth of each sub-segment from 2017 to 2030.
Political instability, terrorism, and low growth of the industrial manufacturing sector have impacted the economic growth and development in the Middle Eastern & African region. Increasing infrastructure development projects in Saudi Arabia offer a huge opportunity for large-scale adoption of control tower systems in the country.
Dubai’s transportation & logistics industry has changed notably with low operational and logistical costs and favorable government guidelines attracting investors from around the world. This is expected to create growth opportunities for the control towers market players in the country.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa control tower market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa control tower market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa control tower market
Middle East & Africa Control Tower Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa control tower market
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