Middle East & Africa Vehicle Subscription Market Size & Outlook
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MEA vehicle subscription market highlights
- The MEA vehicle subscription market generated a revenue of USD 221.1 million in 2024.
- The market is expected to grow at a CAGR of 18.4% from 2025 to 2030.
- In terms of segment, oem was the largest revenue generating service provider in 2024.
- Third Party Providers is the most lucrative service provider segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 221.1 million |
| Market revenue in 2030 | USD 610.5 million |
| Growth rate | 18.4% (CAGR from 2025 to 2030) |
| Largest segment | Oem |
| Fastest growing segment | Third Party Providers |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OEM, Third Party Providers |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.7% of the global vehicle subscription 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 5,890.4 million by 2030.
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Vehicle Subscription Market Scope
Vehicle Subscription Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Roam | View profile | 11-50 | Brooklyn, New York, United States, North America | https://ro.am |
| FINN | View profile | 251-500 | Munich, Bayern, Germany, Europe | https://www.finn.com |
| Carvolution | View profile | 51-100 | Bannwil, Aargau, Switzerland, Europe | https://www.carvolution.com/en |
| Orix | View profile | 501-1000 | Dallas, Texas, United States, North America | https://orix.com.my |
| Maruti Suzuki Accelerator | View profile | 11-50 | Haryana, Haryana, India, Asia | https://www.marutisuzukiinnovation.com/accelerator |
| Hertz | View profile | 10001+ | Naples, Florida, United States, North America | http://www.hertz.com |
| Mercedes-Benz Group AG | View profile | 166056 | Mercedesstrasse 120, Stuttgart, BW, Germany, 70372 | https://www.daimler.com |
| Sixt SE | View profile | 8735 | Zugspitzstrasse 1, Pullach, BY, Germany, 82049 | https://www.sixt.com |
| Volkswagen AG | View profile | 656134 | Berliner Ring 2, Wolfsburg, NI, Germany, 38440 | https://www.volkswagenag.com |
Middle East & Africa vehicle subscription 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 vehicle subscription market will help companies and investors design strategic landscapes.
Oem was the largest segment with a revenue share of 75.03% in 2024. Horizon Databook has segmented the Middle East & Africa vehicle subscription market based on oem, third party providers covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa vehicle subscription market databook
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Our clientele includes a mix of vehicle subscription 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 vehicle subscription market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa vehicle subscription market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA vehicle subscription market size, by country, 2018-2030 (US$M)
Middle East & Africa Vehicle Subscription Market Outlook Share, 2024 & 2030 (US$M)
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