Middle East and Africa Equipment Rental Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services), Deployment (On-Premise and Cloud-Based), Organization Size (Small and Medium Enterprises and Large Enterprises), and End Users (Manufacturing, Construction, Transportation, and Others)

Name: Middle East and Africa Equipment Rental Software Market
SKU: Technology, Media and Telecommunications
Rating: 4.8 (20 reviews)

The MEA equipment rental software market is expected to grow from US$ 20.07 million in 2021 to US$ 29.71 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2021 to 2028.

The Internet of Things (IoT) generates a massive amount of data that can transform the rental industry. Organizations can work more efficiently, better understand their processes, and gain more profits by using this data. The use of analytical tools makes IoT data more potent for business flourishment. The insights obtained from these tools are used for predictive analysis, ensuring that maintenance is completed before the occurrence of any defects. Companies can predict when equipment requires maintenance through data analysis and revolutionizing asset management. Maintenance is usually dictated by time or use. Rental businesses adhere to the OEM's maintenance schedules to ensure that equipment operates efficiently. However, if companies can predict when equipment needs to be serviced, they may save money on wasteful early maintenance, thereby enhancing usage and attaining greater overall efficiency. Thus, the use of IoT and predictive analytics is likely to emerge as a significant trend in the equipment rental software market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA equipment rental software market. The MEA equipment rental software market is expected to grow at a good CAGR during the forecast period.

MEA Equipment Rental Software Market Revenue and Forecast to 2028 (US$ Million)

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MEA Equipment Rental Software Market Segmentation

The MEA equipment rental software market is segmented based on component, deployment, organization size, end users, and country. Based on component, the MEA equipment rental software market is segmented into software and services. The software segment dominated the market in 2020 and services segment is expected to be fastest growing during forecast period. Based on deployment, the MEA equipment rental software market is segmented into on-premise and cloud-based. The cloud-based segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on organization size, the MEA equipment rental software market is segmented into SMEs and large enterprises. The large enterprises segment dominated the market in 2020 and SMEs segment is expected to be fastest growing during forecast period. Based on end user, the MEA equipment rental software market is segmented into manufacturing, construction, transportation, and others. The construction segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on country, the MEA equipment rental software market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of MEA.

Booqable.com; EZRentOut; HQ Rental Software; inspHire Ltd; MCS Global Ltd; Orion Software Inc.; and Point of Rental are among the leading companies operating in the MEA equipment rental software market.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 MEA Equipment Rental Software Market – By Component

1.3.2 MEA Equipment Rental Software Market – By Deployment

1.3.3 MEA Equipment Rental Software Market – By Organization Size

1.3.4 MEA Equipment Rental Software Market – By End User

1.3.5 MEA Equipment Rental Software Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. MEA Equipment Rental Software Market Landscape

4.1 Market Overview

4.2 MEA PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. MEA Equipment Rental Software Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growth of Construction Industry

5.1.2 Enhanced Security and Accessibility for Dealers

5.2 Market Restraints

5.2.1 Rising Acceptance of Leasing

5.3 Market Opportunities

5.3.1 Escalating Demand for Construction in Power Sector

5.4 Future Trends

5.4.1 Growth of IoT & Predictive Analysis

5.5 Impact Analysis of Drivers and Restraints

6. Equipment Rental Software Market – MEA Analysis

6.1 MEA Equipment Rental Software Market Overview

6.2 MEA Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

7. MEA Equipment Rental Software Market Analysis – By Component

7.1 Overview

7.2 MEA Equipment Rental Software Market, By Component (2020 and 2028)

7.3 Software

7.3.1 Overview

7.3.2 Software: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Services

7.4.1 Overview

7.4.2 Services: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

8. MEA Equipment Rental Software Market Analysis – By Deployment

8.1 Overview

8.2 MEA Equipment Rental Software Market, By Deployment (2020 and 2028)

8.3 On-Premise

8.3.1 Overview

8.3.2 On-Premise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Cloud-based

8.4.1 Overview

8.4.2 Cloud-based: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

9. MEA Equipment Rental Software Market Analysis – By Organization Size

9.1 Overview

9.2 MEA Equipment Rental Software Market, By Organization Size (2020 and 2028)

9.3 Small and Medium Enterprises (SME’s)

9.3.1 Overview

9.3.2 SME’s: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Large Enterprise

9.4.1 Overview

9.4.2 Large Enterprise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

10. MEA Equipment Rental Software Market Analysis – By End Users

10.1 Overview

10.2 MEA Equipment Rental Software Market, By End Users (2020 and 2028)

10.3 Manufacturing

10.3.1 Overview

10.3.2 Manufacturing: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

10.4 Construction

10.4.1 Overview

10.4.2 Construction: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

10.5 Transportation

10.5.1 Overview

10.5.2 Transportation: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

10.6 Others

10.6.1 Overview

10.6.2 Others: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

11. MEA Equipment Rental Software Market – Country Analysis

11.1 Overview

11.1.1 MEA: Equipment Rental Software Market, by Key Country

11.1.1.1 South Africa: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 South Africa: Equipment Rental Software Market, By Component

11.1.1.1.2 South Africa: Equipment Rental Software Market, By Deployment

11.1.1.1.3 South Africa: Equipment Rental Software Market, By Organization Size

11.1.1.1.4 South Africa: Equipment Rental Software Market, By End Users

11.1.1.2 Saudi Arabia: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Saudi Arabia: Equipment Rental Software Market, By Component

11.1.1.2.2 Saudi Arabia: Equipment Rental Software Market, By Deployment

11.1.1.2.3 Saudi Arabia: Equipment Rental Software Market, By Organization Size

11.1.1.2.4 Saudi Arabia: Equipment Rental Software Market, By End Users

11.1.1.3 UAE: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 UAE: Equipment Rental Software Market, By Component

11.1.1.3.2 UAE: Equipment Rental Software Market, By Deployment

11.1.1.3.3 UAE: Equipment Rental Software Market, By Organization Size

11.1.1.3.4 UAE: Equipment Rental Software Market, By End Users

11.1.1.4 Rest of MEA: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1 Rest of MEA: Equipment Rental Software Market, By Component

11.1.1.4.2 Rest of MEA: Equipment Rental Software Market, By Deployment

11.1.1.4.3 Rest of MEA: Equipment Rental Software Market, By Organization Size

11.1.1.4.4 Rest of MEA: Equipment Rental Software Market, By End Users

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Development

13. Company Profiles

13.1 EZRentOut

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Booqable.com

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 HQ Rental Software

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 inspHire Ltd

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 MCS Global Ltd

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Orion Software Inc.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Point of Rental

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.7.7 SWOT Analysis

13.7.8 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. MEA Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. MEA: Equipment Rental Software Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3. South Africa: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 4. South Africa: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)

Table 5. South Africa: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)

Table 6. South Africa: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)

Table 7. Saudi Arabia: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 8. Saudi Arabia: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)

Table 9. Saudi Arabia: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)

Table 10. Saudi Arabia: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)

Table 11. UAE: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 12. UAE: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)

Table 13. UAE: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)

Table 14. UAE: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)

Table 15. Rest of MEA: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 16. Rest of MEA: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)

Table 17. Rest of MEA: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest of MEA: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)

Table 19. List of Abbreviation

LIST OF FIGURES

Figure 1. MEA Equipment Rental Software Market Segmentation

Figure 2. MEA Equipment Rental Software Market Segmentation – By Country

Figure 3. MEA Equipment Rental Software Market Overview

Figure 4. MEA Equipment Rental Software Market, By Component

Figure 5. MEA Equipment Rental Software Market, By Country

Figure 6. MEA: PEST Analysis

Figure 7. Expert Opinion

Figure 8. MEA Equipment Rental Software Market: Impact Analysis of Drivers and Restraints

Figure 9. MEA Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10. MEA Equipment Rental Software Market Revenue Share, By Component (2020 and 2028)

Figure 11. MEA Software: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. MEA Services: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. MEA Equipment Rental Software Market Revenue Share, By Deployment (2020 and 2028)

Figure 14. MEA On-Premise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. MEA Cloud-based Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. MEA Equipment Rental Software Market Revenue Share, By Organization Size (2020 and 2028)

Figure 17. MEA SME’s: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. MEA Large Enterprise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. MEA Equipment Rental Software Market Revenue Share, By End Users (2020 and 2028)

Figure 20. MEA Manufacturing: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. MEA Construction: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. MEA Transportation: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. MEA Others: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. MEA: Equipment Rental Software Market, by Key Country – Revenue (2020) (US$ Million)

Figure 25. MEA: Equipment Rental Software Market Revenue Share, by Key Country (2020 & 2028)

Figure 26. South Africa: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Saudi Arabia: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. UAE: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Rest of MEA: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA equipment rental software market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the MEA equipment rental software market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the equipment rental software market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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