Middle East and Africa UHF RFID (RAIN) Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software, and Services) and Application (Retail and Consumer Goods, Logistics and Transportation, Healthcare, Manufacturing, and Other Applications)
Market Introduction
The MEA UHF RFID (RAIN) market is further segmented into South Africa, Saudi Arabia, the UAE, and the rest of the MEA. The UAE is the most advanced country in this region, and its government focuses on boosting the overall retail infrastructure of the country by leveraging technological advancements.
Major infrastructural shift in the Middle East is compelling retailers to change their business models both commercially and operationally. The growth of the retail sector across the region owing to the rise in spending powers of people in Saudi Arabia and the UAE, among others, is encouraging retailers to make significant investments in their businesses. New and high-end retail projects such as Level Kids—a luxury store that combines designer clothing for children—and Café Bateel, a gourmet food store and restaurant, have introduced new retail concepts in the region. They built franchises of well-known international brands. Thus, the rising investments are boosting the adoption of advanced technologies such as UHF RFID across the stores to manage operations more efficiently. Also, automotive manufacturers witnessing production increment is the among other major factor driving the MEA UHF RFID (RAIN) market.
Saudi Arabia, and UAE. The region comprises many growing economies such as UAE and Saudi Arabia, which are prospective markets for UHF RFID (RAIN) providers due to the huge presence of a diverse customer base for the retail and e-commerce industry. The global COVID-19 pandemic would have significant effects on global economies, but the region has negatively impacted as there is already pressure on the economy of various oil-based countries due to falling oil prices. In addition to this, the factory lockdowns, business shutdowns, and travel bans are further aggravating the economic problems of the countries in the region. Hence, the estimated decline in MEA’s economic condition and impact of COVID-19 on the growth of various industries in the region is expected to negatively impact the growth of the market till mid-2021.
Get more information on this report :
Market Overview and Dynamics
The UHF RFID (RAIN) market in MEA is expected to grow from US$ 73.27 million in 2019 to US$ 167.84 million by 2027; it is estimated to grow at a CAGR of 11.1% from 2020 to 2027. Growing complexities in supply chains—due to outsourcing, internationalization, and e-retailing—are leading to mitigation of control over various activities, which has led to vulnerabilities in these supply chains. Counterfeiting is a widespread issue that impacts various businesses. Sports giants such as Reebok and Adidas are taking on the ever-growing number of counterfeits. They filed the trademark suit in federal court against ~50 online sellers for selling, promoting, and providing for sale and distributing quantities of footwear. This lawsuit comes during the attention to the rising counterfeit-centric posts on Facebook platforms, which also comprise sponsored content that sellers pay Instagram to post. Thus, Reebok and Adidas are seeking US$ 2 million from each of the defendants for every counterfeit trademark used. The cases of counterfeits are gradually decreasing with the introduction of UHF RFID technology, as it makes copying or faking the trademark difficult and delivers a multi-layered defense against attacks on supply chain. With this technology, one can identify an individual item, determine its location, and review its chain of custody. Gathering this data makes it easier to handle the supply chain and identify counterfeits.
Key Market Segments
The MEA UHF RFID (RAIN) market is segmented into component, and application. Based on component, the market is segmented into hardware and software and services. The hardware segment held the largest share of MEA UHF RFID (RAIN) market in 2019. The UHF RFID (RAIN) market, based on application, is segmented into retail and consumer goods, logistics and transportation, healthcare, manufacturing, and other applications. The market for the retail and consumer goods segment held the largest share of MEA UHF RFID (RAIN) market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the UHF RFID (RAIN) market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are CAEN RFID S.r.l; Impinj, Inc.; Invengo Technology Pte. Ltd.; Jadak- A Novanta Company; Murata Manufacturing Co., Ltd.; and NXP Semiconductors N.V.
Reasons to buy report
- To understand the MEA UHF RFID (RAIN) market landscape and identify market segments that are most likely to guarantee a strong return.
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA UHF RFID (RAIN) market.
- Efficiently plan M&A and partnership deals in MEA UHF RFID (RAIN) market by identifying market segments with the most promising probable sales.
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA UHF RFID (RAIN) market.
- Obtain market revenue forecast for market by various segments from 2020-2027 in MEA region.
MEA UHF RFID (RAIN) Market Segmentation
MEA UHF RFID (RAIN) Market - By Component
- Hardware
- Tags and Labels
- Readers
- Printers
- Other Hardware
- Software
- Services
MEA UHF RFID (RAIN) Market - By Application
- Retail and Consumer Goods
- Logistics and Transportation
- Healthcare
- Manufacturing
- Other Applications
MEA UHF RFID (RAIN) Market - By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
MEA UHF RFID (RAIN) Market - Company Profiles
- CAEN RFID S.r.l
- Impinj, Inc.
- Invengo Technology Pte. Ltd.
- Jadak- A Novanta Company
- Murata Manufacturing Co., Ltd.
- NXP Semiconductors N.V.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA UHF RFID (RAIN) Market – By Component
1.3.2 MEA UHF RFID (RAIN) Market – By Application
1.3.3 MEA UHF RFID (RAIN) Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA UHF RFID (RAIN) Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA UHF RFID (RAIN) Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Retail Industry Adopting RFID Technologies
5.1.2 Tackling of Counterfeiting Activities
5.2 Market Restraints
5.2.1 Security Problems of RAIN RFID Technology
5.3 Market Opportunities
5.3.1 Rise in IoT Technology Creating New Opportunities
5.4 Future Trends
5.4.1 Automotive Manufacturers Witnessing Production Increment
5.5 Impact Analysis of Drivers and Restraints
6. UHF RFID (RAIN) Market – MEA Analysis
6.1 MEA UHF RFID (RAIN) Market Overview
6.2 MEA UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7. MEA UHF RFID (RAIN) Market Analysis – By Component
7.1 Overview
7.2 MEA UHF RFID (RAIN) Market, by Component (2019 and 2027)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.3 Tags and Labels
7.3.3.1 Tags and Labels: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.4 Readers
7.3.4.1 Readers: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.5 Printers
7.3.5.1 Printers: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.6 Other Hardware
7.3.6.1 Other Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8. MEA UHF RFID (RAIN) Market Analysis – By Application
8.1 Overview
8.2 MEA UHF RFID (RAIN) Market, by Application (2019 and 2027)
8.3 Retail and Consumer Goods
8.3.1 Overview
8.3.2 Retail and Consumer Goods: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Logistics and Transportation
8.4.1 Overview
8.4.2 Logistics and Transportation: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Healthcare
8.5.1 Overview
8.5.2 Healthcare: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Manufacturing
8.6.1 Overview
8.6.2 Manufacturing: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Other Applications
8.7.1 Overview
8.7.2 Other Applications: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9. MEA UHF RFID (RAIN) Market – Country Analysis
9.1 Overview
9.1.1 MEA: UHF RFID (RAIN) Market, by Key Country
9.1.1.1 South Africa: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 South Africa: UHF RFID (RAIN) Market, by Component
9.1.1.1.2 South Africa: UHF RFID (RAIN) Market, by Application
9.1.1.2 Saudi Arabia: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 Saudi Arabia: UHF RFID (RAIN) Market, by Component
9.1.1.2.2 Saudi Arabia: UHF RFID (RAIN) Market, by Application
9.1.1.3 UAE: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 UAE: UHF RFID (RAIN) Market, by Component
9.1.1.3.2 UAE: UHF RFID (RAIN) Market, by Application
9.1.1.4 Rest of MEA: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 Rest of MEA: UHF RFID (RAIN) Market, by Component
9.1.1.4.2 Rest of MEA: UHF RFID (RAIN) Market, by Application
10. MEA UHF RFID (RAIN) Market- COVID-19 Impact Analysis
10.1 MEA
11. Industry Landscape
11.1 Market Initiative
11.2 Mergers and Acquisition
11.3 New Product Development
12. Company Profiles
12.1 CAEN RFID S.r.l.
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 Impinj, Inc.
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 Invengo Technology Pte. Ltd.
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 Jadak- A Novanta Company
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 Murata Manufacturing Co., Ltd.
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 NXP Semiconductors N.V.
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
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. MEA UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. South Africa: UHF RFID (RAIN) Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 3. South Africa: UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 4. South Africa: UHF RFID (RAIN) Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 5. Saudi Arabia: UHF RFID (RAIN) Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 6. Saudi Arabia: UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 7. Saudi Arabia: UHF RFID (RAIN) Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 8. UAE: UHF RFID (RAIN) Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 9. UAE: UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 10. UAE: UHF RFID (RAIN) Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 11. Rest of MEA: UHF RFID (RAIN) Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 12. Rest of MEA: UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of MEA: UHF RFID (RAIN) Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA UHF RFID (RAIN) Market Segmentation
Figure 2. MEA UHF RFID (RAIN) Market Segmentation – By Country
Figure 3. MEA UHF RFID (RAIN) Market Overview
Figure 4. Hardware Segment Held the Largest Market Share in 2019
Figure 5. Retail and Consumer Goods Application Segment Held the Largest Market Share in 2019
Figure 6. Saudi Arabia to Show Great Traction During Forecast Period
Figure 7. MEA– PEST Analysis
Figure 8. MEA UHF RFID (RAIN) Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. MEA UHF RFID (RAIN) Market: Impact Analysis of Drivers and Restraints
Figure 11. MEA UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. MEA UHF RFID (RAIN) Market Revenue Share, by Component (2019 and 2027)
Figure 13. MEA Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. MEA Tags and Labels: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. MEA Readers Market: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. MEA Printers: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. MEA Other Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. MEA Software: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. MEA Services: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. MEA UHF RFID (RAIN) Market Revenue Share, by Application (2019 and 2027)
Figure 21. MEA Retail and Consumer Goods: UHF RFID (RAIN) – Revenue and Forecast to 2027 (US$ Million)
Figure 22. MEA Logistics and Transportation: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. MEA Healthcare: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. MEA Manufacturing: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. MEA Other Applications: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. MEA: UHF RFID (RAIN) Market Revenue Share, by Key Country, Revenue 2019 (US$ Million)
Figure 27. MEA: UHF RFID (RAIN) Market Revenue Share, by Key Country (2019 and 2027)
Figure 28. South Africa: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Saudi Arabia: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. UAE: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Rest of MEA: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic in MEA Country Markets
The List of Companies - Middle East and Africa UHF RFID (RAIN) Market
- CAEN RFID S.r.l
- Impinj, Inc.
- Invengo Technology Pte. Ltd.
- Jadak- A Novanta Company
- Murata Manufacturing Co., Ltd.
- NXP Semiconductors N.V.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA UHF RFID (RAIN) 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 UHF RFID (RAIN) 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 UHF RFID (RAIN) 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