Middle East & Africa Digital Radar Market Size & Outlook
The digital radar market in Middle East & Africa is expected to reach a projected revenue of US$ 786,915.6 million by 2030. A compound annual growth rate of 15.1% is expected of Middle East & Africa digital radar market from 2024 to 2030.
Revenue, 2023 (US$M)
$293,565.3
Forecast, 2030 (US$M)
$786,915.6
CAGR, 2024 - 2030
15.1%
Report Coverage
Middle East & Africa
MEA digital radar market highlights
- The MEA digital radar market generated a revenue of USD 293,565.3 million in 2023.
- The market is expected to grow at a CAGR of 15.1% from 2024 to 2030.
- In terms of segment, active was the largest revenue generating type in 2023.
- Active is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 293,565.3 million |
| Market revenue in 2030 | USD 786,915.6 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | Active |
| Fastest growing segment | Active |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Active |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.6% of the global digital radar 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 4,468,053.5 million by 2030.
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Digital Radar Market Scope
Digital radar market segmentation & scope
Dimension
2D
3D
4D
Application
Security & Surveillance
Safety
Others
End Use
Automotive
Defense & Aerospace
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Digital Radar Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| PPD | View profile | 11-50 | Tunbridge Wells, Kent, United Kingdom, Europe | https://ppdukltd.com/ |
| Syneos Health | View profile | 1001-5000 | Morrisville, North Carolina, United States, North America | https://www.syneoshealth.com/ |
| PAREXEL | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.parexel.com |
| IQVIA Holdings Inc | View profile | 87000 | 2400 Ellis Road, Durham, NC, United States, 27703 | https://www.iqvia.com |
| Wuxi AppTec Co Ltd | View profile | 41116 | 288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, China, People's Republic of, 200131 | https://www.wuxiapptec.com |
| Icon PLC | View profile | 41150 | South County Business Park, Leopardstown, Dublin, Ireland, D18 X5R3 | https://www.iconplc.com |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| Charles River Laboratories International Inc | View profile | 21400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | https://www.criver.com |
| Eurofins Scientific SE | View profile | 61798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | https://www.eurofins.com |
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