Middle East & Africa Lighting As A Service Market Size & Outlook
MEA lighting as a service market highlights
- The MEA lighting as a service market generated a revenue of USD 228.0 million in 2024.
- The market is expected to grow at a CAGR of 34.4% from 2025 to 2033.
- In terms of segment, services was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 228.0 million |
| Market revenue in 2033 | USD 3,058.5 million |
| Growth rate | 34.4% (CAGR from 2025 to 2033) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.9% of the global lighting as a service market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,529.6 million by 2033.
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Lighting as a Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ARQUILED | View profile | 51-100 | Lisbon, Lisboa, Portugal, Europe | https://www.arquiled.com/ |
| TellCo Europe | View profile | 11-50 | Agno, Ticino, Switzerland, Europe | https://tellco-europe.com |
| LUMENSTREAM | View profile | 1-10 | Belfast, Belfast, United Kingdom, Europe | https://www.lumenstream.com/ |
| Trilux | View profile | 1001-5000 | Boreham, Essex, United Kingdom, Europe | https://www.trilux.com |
| US LED | View profile | 51-100 | Houston, Texas, United States, North America | http://usled.com |
| LED Solutions | View profile | 1-10 | Brooklyn, New York, United States, North America | https://www.ledsolutionsny.com |
| Facility Solutions Group | View profile | 11-50 | Fenton, Missouri, United States, North America | https://www.fsg-stl.com |
| Airis Energy Solutions | View profile | 11-50 | Miami, Florida, United States, North America | https://airisenergy.us |
| Stouch Lighting Inc | View profile | 1-10 | Aston, Pennsylvania, United States, North America | https://www.stouchlighting.com |
| Future Energy Solutions | View profile | 51-100 | Fort Lauderdale, Florida, United States, North America | http://www.feslighting.com/ |
| Signifyd | View profile | 501-1000 | San Jose, California, United States, North America | https://www.signifyd.com/ |
| ESB | View profile | 1001-5000 | Dublin, Dublin, Ireland, Europe | http://www.esb.ie |
| Urban Volt | View profile | 11-50 | Dublin, Dublin, Ireland, Europe | http://urbanvolt.com |
| Firefly Global | View profile | 11-50 | Belmont, Massachusetts, United States, North America | https://fireflyglobal.com/ |
Middle East & Africa lighting 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 lighting as a service market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 125.75% in 2024. Horizon Databook has segmented the Middle East & Africa lighting as a service market based on services covering the revenue growth of each sub-segment from 2021 to 2033.
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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 Middle East & Africa lighting as a service market databook
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Our clientele includes a mix of lighting 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 lighting as a service market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa lighting as a service market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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