Middle East & Africa Transportation Technology Market Size & Outlook
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MEA transportation technology market highlights
- The MEA transportation technology market generated a revenue of USD 10,976.9 million in 2023.
- The market is expected to grow at a CAGR of 25.7% from 2024 to 2030.
- In terms of segment, roadway was the largest revenue generating transportation mode in 2023.
- Railway is the most lucrative transportation mode segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 10,976.9 million |
| Market revenue in 2030 | USD 54,315.1 million |
| Growth rate | 25.7% (CAGR from 2023 to 2030) |
| Largest segment | Roadway |
| Fastest growing segment | Railway |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Roadway, Railway |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.7% of the global transportation technology 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 172,008.6 million by 2030.
Key Regions: UAE , U.S. , UK , Brazil , South Africa
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Transportation Technology Market Scope
Transportation Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| No records found. | ||||
Middle East & Africa transportation technology 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 transportation technology market will help companies and investors design strategic landscapes.
Roadway was the largest segment with a revenue share of 73.46% in 2023. Horizon Databook has segmented the Middle East & Africa transportation technology market based on roadway, railway covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa transportation technology market databook
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Our clientele includes a mix of transportation technology 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 transportation technology market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa transportation technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA transportation technology market size, by country, 2018-2030 (US$M)
Middle East & Africa Transportation Technology Market Share, 2023 & 2030 (US$M)
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