Middle East & Africa Energy As A Service Market Size & Outlook
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MEA energy as a service market highlights
- The MEA energy as a service market generated a revenue of USD 3,111.8 million in 2024.
- The market is expected to grow at a CAGR of 4.7% from 2025 to 2030.
- In terms of segment, supply services was the largest revenue generating service in 2024.
- Demand services is the most lucrative service segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 3,111.8 million |
| Market revenue in 2030 | USD 4,529.7 million |
| Growth rate | 4.7% (CAGR from 2025 to 2030) |
| Largest segment | Supply services |
| Fastest growing segment | Demand services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Supply services, Demand services, Energy optimization services |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.2% of the global energy as a service market in 2024.
- 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 39,097.6 million by 2030.
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Energy As A Service Market Scope
Energy As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bernhard | View profile | 1001-5000 | Metairie, Louisiana, United States, North America | https://bernhard.com |
| Entegrity LLC | View profile | - | Arlington, Virginia, United States, North America | https://entegrityllc.com |
| NORESCO | View profile | 501-1000 | Westborough, Massachusetts, United States, North America | http://noresco.com |
| Wendel | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.wendelgroup.com/ |
| EDF Energy | View profile | 10001+ | London, England, United Kingdom, Europe | http://www.edfenergy.com |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.ge.com |
| Orsted A/S | View profile | 8900 | Kraftvaerksvej 53, Skaerbaek, Fredericia, Denmark, DK-7000 | https://www.orsted.com |
| Enel SpA | View profile | 60905 | Viale Regina Margherita, 137, Rome, Italy, 00198 | https://www.enel.com |
| Centrica PLC | View profile | 21014 | Maidenhead Road, Millstream, Windsor, Berkshire, United Kingdom, SL4 5GD | https://www.centrica.com |
| Veolia Environnement SA | View profile | 218288 | 30, rue Madeleine Vionnet, Aubervilliers, France, 93300 | https://www.veolia.com |
| Engie SA | View profile | 97000 | 1, Place Samuel de Champlain, Courbevoie, France, 92400 | https://www.engie.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
Middle East & Africa energy as a service 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 energy as a service market will help companies and investors design strategic landscapes.
Supply services was the largest segment with a revenue share of 46.44% in 2024. Horizon Databook has segmented the Middle East & Africa energy as a service market based on supply services, demand services, energy optimization services covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa (MEA) is experiencing a significant surge in energy demand, driven by rapid urbanization, population growth, and industrialization. As cities expand and populations increase, reliable energy sources become paramount.
This growing demand is particularly evident in countries such as Nigeria, South Africa, and the Gulf Cooperation Council (GCC) countries, where economic activities are rising. The traditional energy supply models often cannot keep pace with this demand, creating an opportunity for innovative solutions such as EaaS.
Eaas allows consumers to access energy without the burden of ownership or maintenance costs, thus appealing to both residential and commercial sectors. As cities in the MEA become more digitized, integrating smart grids, energy management systems, and advanced analytics transforms how energy is consumed and managed.
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Target buyers of Middle East & Africa energy as a service market databook
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Our clientele includes a mix of energy as a service market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa energy as a service market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa energy as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA energy as a service market size, by country, 2018-2030 (US$M)
Middle East & Africa Energy As A Service Market Outlook Share, 2024 & 2030 (US$M)
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