Middle East & Africa Electronic Article Surveillance Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Electronic Tag, Electronic Antenna, Deactivator/Detacher, and Others), Product Type (Radio Frequency Systems, Acousto-Magnetic Systems, Electromagnetic Systems, and Microwave Systems), and Application (Apparel & Fashion Accessories, Cosmetic & Pharmaceuticals, and Supermarkets & Grocery Stores)
The Middle East & Africa electronic article surveillance market is expected to grow from US$ 78.57 million in 2022 to US$ 94.35 million by 2028. It is estimated to grow at a CAGR of 3.1% from 2022 to 2028.
Technology Integration in Electronic Article Surveillance Systems is Driving Middle East & Africa Electronic Article Surveillance Market
The rise in technology adoption across retail outlets is increasing the demand for advanced security systems to reduce the risk of retail losses. Global electronic article surveillance market players are engaged in integrating advanced technologies to increase the efficiency of systems, thereby enabling real-time data of all inventory and products across the retail outlets. For instance, Agon Systems Ltd. offers a next-generation concept tag for retail loss prevention across the retail industry. The distinct locking technology and they the patented detacher helps retailers to reduce the risk of shoplifting by 50% compared to the traditional security tags. These concept tags are offered with integrated technologies such as radio frequency (RF) and acousto-magnetic technologies. Similarly, Checkpoint Systems, Inc. offers NEO Systems integrated with wireless connectivity for easier installation and less cable requirement. It is directly connected to store networks through a cloud platform, which eliminates the need for middlemen such as security personnel and workers, thereby ensuring easy and accurate data collection of store activities. In addition, several companies are offering RFID-based EAS solutions for faster and more convenient checkout options. For instance, Nedap offers RFID tags for simplifying checkout across retail stores, thereby enhancing the overall customer experience. Therefore, all these factors are expected to contribute to the growth of the electronic article surveillance market over the coming years.
Middle East & Africa Electronic Article Surveillance Market Overview
The Middle East & Africa electronic article surveillance market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. Infrastructure development in the countries across the MEA, including commercial infrastructure, has been rising over the years. Attributing to the fact that these countries are focusing extensively on tourism, the commercial infrastructure plays a major role in the respective country’s economy. The region witnessed high investment in commercial construction, such as supermarkets, specialty stores, and malls. These factors are increasing the demand for electronic article surveillance, thereby contributing to the growth of the market.
Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Electronic Article Surveillance Market Segmentation
The Middle East & Africa electronic article surveillance market is segmented into component, product type, application, and country.
Based on component, the Middle East & Africa electronic article surveillance market is sub segmented into electronic tag, electronic antenna, deactivator/detacher, and others. The electronic tag segment held the largest market share in 2022.
Based on product type, the Middle East & Africa electronic article surveillance market is segmented into radio frequency systems, acousto-magnetic systems, electromagnetic systems, and microwave systems. The acousto-magnetic systems segment held the largest market share in 2022.
Based on application, the Middle East & Africa electronic article surveillance market is segmented into apparel & fashion accessories, cosmetic & pharmaceuticals, and supermarkets & grocery stores. The apparel & fashion accessories segment held the largest market share in 2022.
Based on country, the Middle East & Africa electronic article surveillance market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The UAE dominated the market in 2022.
Amersec Sro; Sensormatic Electronics Corp; Checkpoint Systems Inc; Nedap NV; Feltron Security Systems LLC; Cross Point Middle East Technologies LLC; and Tekno Electro Solutions Pvt Ltd are the leading companies operating in the Middle East & Africa electronic article surveillance market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Electronic Article Surveillance Market Landscape
4.1 Market Overview
4.2 Middle East & Africa PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Middle East & Africa Electronic Article Surveillance Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Retail Outlets by Various Brands
5.1.2 Growing Product Development Initiatives by Key Players
5.1.3 Rising Number of Supermarkets
5.2 Market Restraints
5.2.1 High Presence of Unorganized Retail Sector
5.3 Market Opportunities
5.3.1 Increasing Construction of Commercial Complexes
5.4 Future Trends
5.4.1 Technology Integration in Electronic Article Surveillance Systems
5.5 Impact Analysis of Drivers and Restraints
6. Electronic Article Surveillance Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Electronic Article Surveillance Market Overview
6.2 Middle East & Africa Electronic Article Surveillance Market Revenue Forecast and Analysis
7. Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 – Component
7.1 Overview
7.2 Middle East & Africa Electronic Article Surveillance Market, By Component (2021 & 2028)
7.3 Electronic Tag
7.3.1 Overview
7.3.2 Electronic Tag: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.4 Electronic Antenna
7.4.1 Overview
7.4.2 Electronic Antenna: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.5 Detacher/Deactivator
7.5.1 Overview
7.5.2 Detacher/Deactivator: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 – Product Type
8.1 Overview
8.2 Middle East & Africa Electronic Article Surveillance Market, By Product Type (2021 & 2028)
8.3 Radio-frequency Systems
8.3.1 Overview
8.3.2 Radio-frequency Systems: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.4 Acousto-Magnetic Systems
8.4.1 Overview
8.4.2 Acousto-Magnetic Systems: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.5 Electromagnetic Systems
8.5.1 Overview
8.5.2 Electromagnetic Systems: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.6 Microwave Systems
8.6.1 Overview
8.6.2 Microwave Systems: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 – Application
9.1 Overview
9.2 Middle East & Africa Electronic Article Surveillance Market, By Application (2021 & 2028)
9.3 Apparel and Fashion Accessories
9.3.1 Overview
9.3.2 Apparel and Fashion Accessories: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9.4 Cosmetic and Pharmaceuticals
9.4.1 Overview
9.4.2 Cosmetic and Pharmaceuticals: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9.5 Supermarkets and Grocery Stores
9.5.1 Overview
9.5.2 Supermarkets and Grocery Stores: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
10. Middle East & Africa Electronic Article Surveillance Market – Country Analysis
10.1 Overview
10.1.1 MEA: Electronic Article Surveillance Market, by Key Country
10.1.1.1 Saudi Arabia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Saudi Arabia: Electronic Article Surveillance Market, By Component
10.1.1.1.2 Saudi Arabia: Electronic Article Surveillance Market, by Product Type
10.1.1.1.3 Saudi Arabia: Electronic Article Surveillance Market, by Application
10.1.1.2 UAE: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 UAE: Electronic Article Surveillance Market, By Component
10.1.1.2.2 UAE: Electronic Article Surveillance Market, by Product Type
10.1.1.2.3 UAE: Electronic Article Surveillance Market, by Application
10.1.1.3 South Africa: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 South Africa: Electronic Article Surveillance Market, By Component
10.1.1.3.2 South Africa: Electronic Article Surveillance Market, by Product Type
10.1.1.3.3 South Africa: Electronic Article Surveillance Market, by Application
10.1.1.4 Rest of MEA: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of MEA: Electronic Article Surveillance Market, By Component
10.1.1.4.2 Rest of MEA: Electronic Article Surveillance Market, by Product Type
10.1.1.4.3 Rest of MEA: Electronic Article Surveillance Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
12. Company Profiles
12.1 Amersec Sro
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Cross Point Middle East Technologies LLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Feltron Security Systems LLC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Tekno Electro Solutions Pvt Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Sensormatic Electronics Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Checkpoint Systems Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Nedap NV
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Saudi Arabia: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 3. Saudi Arabia: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Saudi Arabia: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. UAE: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. South Africa: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 9. South Africa: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. South Africa: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of MEA: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of MEA: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of MEA: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East & Africa Electronic Article Surveillance Market Segmentation
Figure 2. Middle East & Africa Electronic Article Surveillance Market Segmentation – By Country
Figure 3. Middle East & Africa Electronic Article Surveillance Market Overview
Figure 4. Middle East & Africa Electronic Article Surveillance Market, by Component
Figure 5. Middle East & Africa Electronic Article Surveillance Market, by Country
Figure 6. Middle East & Africa – PEST Analysis
Figure 7. Middle East & Africa Electronic Article Surveillance Market – Ecosystem Analysis
Figure 8. Middle East & Africa Electronic Article Surveillance Market Impact Analysis of Drivers and Restraints
Figure 9. Middle East & Africa Electronic Article Surveillance Market Revenue Forecast and Analysis (US$ Million)
Figure 10. Middle East & Africa Electronic Article Surveillance Market, By Component (2021 & 2028)
Figure 11. Electronic Tag: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Electronic Antenna: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Detacher/Deactivator: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Middle East & Africa Electronic Article Surveillance Market, By Product Type (2021 & 2028)
Figure 16. Radio-frequency Systems: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Acousto-Magnetic Systems: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Electromagnetic Systems: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Microwave Systems: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Middle East & Africa Electronic Article Surveillance Market, By Application (2021 & 2028)
Figure 21. Apparel and Fashion Accessories: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Cosmetic and Pharmaceuticals: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Fashion: Middle East & Africa Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. MEA: Electronic Article Surveillance Market, by Country – Revenue (2021) (US$ Million)
Figure 25. MEA: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 26. Saudi Arabia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. UAE: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. South Africa: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Rest of MEA: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
- Amersec Sro
- Sensormatic Electronics Corp
- Checkpoint Systems Inc
- Nedap NV
- Feltron Security Systems LLC
- Cross Point Middle East Technologies LLC
- Tekno Electro Solutions Pvt Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa electronic article surveillance 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 Middle East & Africa electronic article surveillance 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 Middle East & Africa market trends and outlook coupled with the factors driving the electronic article surveillance 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