Middle East & Africa Industry 4.0 Market Size & Outlook
- Enterprise Technology & Automation
- AI, Data & Analytics
- Industry 4.0 Market Outlook
- AI, Data & Analytics
Middle East Africa market 4.0 Market, 2018-2030 (US$M)
Global Market
Related Markets
Ask a question about the industry 4.0 market
MEA industry 4.0 market highlights
- The MEA industry 4.0 market generated a revenue of USD 4,569.0 million in 2023.
- The market is expected to grow at a CAGR of 21.5% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 4,569.0 million |
| Market revenue in 2030 | USD 17,886.2 million |
| Growth rate | 21.5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | ABB Ltd, Cisco Systems Inc, Cognex Corp, Denso Corp, Emerson Electric Co, Fanuc Corp, GE Aerospace, Honeywell International Inc, Intel Corp, Johnson Controls International PLC, Robert Bosch Engineering & Business Solutions, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, Kuka Group |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.6% of the global industry 4.0 market in 2023.
- Globally, Asia Pacific 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 251,662.2 million by 2030.
The Middle East and Africa region is experiencing significant growth in its Industry 4.0 market, driven by various factors such as government support, availability of skilled labor, and strategic location. Industry 4.0 refers to the integration of advanced technologies such as robotics, artificial intelligence, and the Internet of Things (IoT) into the manufacturing process to improve efficiency and productivity.
In recent years, governments in the Middle East and Africa have recognized the importance of Industry 4.0 and have made efforts to promote its adoption. Countries such as Saudi Arabia, UAE, and South Africa have invested heavily in infrastructure, education, and research to support the growth of advanced manufacturing technologies.
The region has a large pool of technical and engineering talent, which is essential for the adoption of advanced technologies. This talent pool is expected to grow further as the region invests in education and training programs to develop the skills required for Industry 4.0.
No credit card required*
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Industry 4.0 Market Scope
Industry 4.0 Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson Controls International PLC | View profile | 102,000 | One Albert Quay, Cork, Ireland, T12 X8N6 | www.johnsoncontrols.com |
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| Intel Corp | View profile | 124,800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | www.intel.com |
| ABB Ltd | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| GE Aerospace | View profile | 125,000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | www.geaerospace.com |
| Rockwell Automation Inc | View profile | 29,000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | www.rockwellautomation.com |
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| Emerson Electric Co | View profile | 67,000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | www.emerson.com |
| Fanuc Corp | View profile | 11,532 | 3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, Japan, 401-0597 | www.fanuc.co.jp |
Middle East & Africa Industry 4.0 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 Industry 4.0 Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 51.37% in 2023.
Horizon Databook has segmented the Middle East & Africa industry 4.0 market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East and Africa region is experiencing significant growth in its Industry 4.0 market, driven by various factors such as government support, availability of skilled labor, and strategic location. Industry 4.0 refers to the integration of advanced technologies such as robotics, artificial intelligence, and the Internet of Things (IoT) into the manufacturing process to improve efficiency and productivity.
In recent years, governments in the Middle East and Africa have recognized the importance of Industry 4.0 and have made efforts to promote its adoption. Countries such as Saudi Arabia, UAE, and South Africa have invested heavily in infrastructure, education, and research to support the growth of advanced manufacturing technologies.
The region has a large pool of technical and engineering talent, which is essential for the adoption of advanced technologies. This talent pool is expected to grow further as the region invests in education and training programs to develop the skills required for Industry 4.0.
- Middle East & Africa Industry 4.0 Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Services
- Middle East & Africa Industry 4.0 Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Industrial Internet of Things (IIoT)
- Robotics & Automation
- Artificial Intelligence (AI) & Machine Learning (ML)
- Big Data & Advanced Analytics
- Additive Manufacturing (3D Printing)
- Augmented Reality (AR) & Virtual Reality (VR)
- Digital Twin & Simulation
- Blockchain and Secure Data Exchange
- Others
- Middle East & Africa Industry 4.0 Market Industry Vertical Outlook (Revenue, USD Million , 2018-2030)
- Manufacturing
- Petrochemicals
- Automotive
- Energy and Utilities
- Oil and Gas
- Food and Beverages
- Aerospace and Defense
- Others
Reasons to subscribe to Industry 4.0 Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Industry 4.0 Market Outlook databook
- Our clientele includes a mix of Industry 4.0 Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- 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 Industry 4.0 Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Industry 4.0 Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa market 4.0 Market, 2018-2030 (US$M)
MEA industry 4.0 market statistics, by component, 2018-2030 (US$M)
