Middle East & Africa Vehicle Analytics Market Size & Outlook

The vehicle analytics market in Middle East & Africa is expected to reach a projected revenue of US$ 833.5 million by 2030. A compound annual growth rate of 25.2% is expected of Middle East & Africa vehicle analytics market from 2024 to 2030.
Revenue, 2023 (US$M)
$173.0
Forecast, 2030 (US$M)
$833.5
CAGR, 2024 - 2030
25.2%
Report Coverage
Middle East & Africa

Middle East & Africa vehicle analytics market, 2018-2030 (US$M)

Middle
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MEA vehicle analytics market highlights

  • The MEA vehicle analytics market generated a revenue of USD 173.0 million in 2023.
  • The market is expected to grow at a CAGR of 25.2% 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 2023USD 173.0 million
Market revenue in 2030USD 833.5 million
Growth rate25.2% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentSolution
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution
Key market players worldwideHarman International, International Business Machines Corp, Microsoft Corp, SAP SE


Other key industry trends

  • In terms of revenue, MEA region accounted for 4.9% of the global vehicle analytics 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 4,700.5 million by 2030.

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Vehicle Analytics Market Scope

Vehicle analytics market segmentation & scope
Services
Deployment
Cloud
On-premises
Application
Predictive Maintenance
Traffic Management
Safety & Security Management
Driver & User Behavior Analysis
Dealer Performance Analysis
Usage-Based Insurance
Others
End Use
Original Equipment Manufacturers (OEMs)
Automotive Dealers
Fleet Owners
Regulatory Bodies
Insurers
Service Providers

Vehicle Analytics Market Companies

Name Profile # Employees HQ Website

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