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Middle East & Africa RFID Market Forecast to 2030 - Regional Analysis By Type, Frequency Band, End User, Product, Offering, Application

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    Report

  • 155 Pages
  • September 2023
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5898215
The Middle East & Africa RFID market is expected to grow from US$ 1,168.04 million in 2023 to US$ 2,178.81 million by 2030. It is estimated to grow at a CAGR of 9.3% from 2023 to 2030.

Increasing Uses of IoT Devices Fuels Middle East & Africa RFID Market

In many industries, the integration of RFID and IoT devices helps in tracking the location of assets in warehouses or supply chains; monitoring the conditions of assets, such as temperature and humidity, in healthcare industries; and automating tasks such as inventory management. RFID and IoT systems are developed to provide accurate, and zero fuel loss. It can help to improve efficiency, reduce costs, and prevent the loss or disarrangement of items. Companies such as Impinj, Inc. are investing strong capital foe the new IoT devices with advanced RAIN RFID chips. The new E710, E510, and E310 RAIN RFID reader chips enable the development of quick-to-market IoT devices that reliably identify, locate, and authenticate connected things. Thus, the benefits of RFID deployment in IoT devices would propel the Middle East & Africa RFID market growth in the coming years.

Middle East & Africa RFID Market Overview

The Middle East & Africa RFID market is further segmented into South Africa, Saudi Arabia, UAE, and the Rest of the Middle East & Africa. In mining applications, RFID technology is used for the regular inspection of plant equipment, mining machines, pumps, valves, and pipes. RFID tags use an electromagnetic field to identify and track tags attached to objects and devices automatically. It helps to verify and maintain the smooth manufacturing process and ensure compliance with all regulatory reporting requirements. In 2020 Aury Africa introduced RFID track-and-trace solutions for applications in the mining industry. The RFID system provides an effective asset management in register, ensures compliance with inspection requirements, and enables efficient knowledge transfer by allowing mine administrators to develop digital and hard-copy logbooks.
Middle East & Africa RFID Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa RFID Market Segmentation

The Middle East & Africa RFID market is segmented into type, frequency band, end user, product, offering, application, and country.

Based on type, the Middle East & Africa RFID market is segmented into active and passive. The passive segment held the larger share of the Middle East & Africa RFID market in 2023.

Based on frequency band, the Middle East & Africa RFID market is segmented into low frequency, high frequency, and ultrahigh frequency. The high frequency segment held the largest share of the Middle East & Africa RFID market in 2023.

Based on end user, the Middle East & Africa RFID market is segmented into public sector, healthcare, education, sports & recreation, hospitality, residential, BFSI, manufacturing, telecommunications, and others. The hospitality segment held the largest share of the Middle East & Africa RFID market in 2023.

Based on product, the Middle East & Africa RFID market is segmented into cards, key fob, smartphones, band, and others. The cards segment held the largest share of the Middle East & Africa RFID market in 2023.

Based on offering, the Middle East & Africa RFID market is segmented into tags, readers, and software & services. The tags segment held the largest share of the Middle East & Africa RFID market in 2023.

Based on application, the Middle East & Africa RFID market is segmented into parcel & mailboxes, lockers, ticketing, and others. The others segment held the largest share of the Middle East & Africa RFID market in 2023.

Based on country, the Middle East & Africa RFID market is segmented into South Africa, Saudi Arabia, UAE, and the Rest of the Middle East & Africa. South Africa dominated the share of the Middle East & Africa RFID market in 2023.

Assa Abloy AB; dormakaba Holding AG; Honeywell International Inc; OMRON Corp; Siemens AG; and Zebra Technologies Corp are some of the leading companies operating in the Middle East & Africa RFID market.

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa RFID 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 RFID 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 market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-Economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Middle East & Africa RFID 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 RFID Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Uses of RFID Technology in Healthcare and Retail Industries
5.1.2 Rising Deployment of RFID Technology
5.2 Market Restraints
5.2.1 Availability of RFID Alternatives
5.3 Market Opportunities
5.3.1 Growing Demand for Traceability and Real-Time Monitoring
5.4 Future Trends
5.4.1 Increasing Uses of IoT Devices
5.5 Impact Analysis of Drivers and Restraints
6. RFID Market - Middle East & Africa Market Analysis
6.1 Middle East & Africa RFID Market Overview
6.2 Middle East & Africa RFID Market Revenue and Volume Forecast and Analysis
7. Middle East & Africa RFID Market - By Type
7.1 Overview
7.2 Middle East & Africa RFID Market, by Type (2022 and 2030)
7.3 Active
7.3.1 Overview
7.3.2 Active: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Passive
7.4.1 Overview
7.4.2 Passive: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa RFID Market Analysis - by Frequency Band
8.1 Overview
8.2 Middle East & Africa RFID Market, by Frequency Band (2022 and 2030)
8.3 Low Frequency
8.3.1 Overview
8.3.2 Low Frequency: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
8.4 High Frequency
8.4.1 Overview
8.4.2 High Frequency: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Ultrahigh Frequency
8.5.1 Overview
8.5.2 Ultrahigh Frequency: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa RFID Market Analysis - by End User
9.1 Overview
9.2 Middle East & Africa RFID Market, by End User (2022 and 2030)
9.3 Public Sector
9.3.1 Overview
9.3.2 Public Sector: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.5 Education
9.5.1 Overview
9.5.2 Education: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.6 Sports & Recreation
9.6.1 Overview
9.6.2 Sports & Recreation: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.7 Hospitality
9.7.1 Overview
9.7.2 Hospitality: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.8 Residential
9.8.1 Overview
9.8.2 Residential: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.9 BFSI
9.9.1 Overview
9.9.2 BFSI: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.10 Manufacturing
9.10.1 Overview
9.10.2 Manufacturing: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.11 Telecommunications
9.11.1 Overview
9.11.2 Telecommunications: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
9.12 Others
9.12.1 Overview
9.12.2 Others: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa RFID Market Analysis - Product
10.1 Overview
10.2 Middle East & Africa RFID Market, by Product (2022 and 2030)
10.3 Cards
10.3.1 Overview
10.3.2 Cards: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
10.4 Key Fob
10.4.1 Overview
10.4.2 Key Fob: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
10.5 Smartphone
10.5.1 Overview
10.5.2 Smartphone: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
10.6 Band
10.6.1 Overview
10.6.2 Band: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
10.7 Others
10.7.1 Overview
10.7.2 Others: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
11. Middle East & Africa RFID Market Analysis - Offering
11.1 Overview
11.2 Middle East & Africa RFID Market, by Offering (2022 and 2030)
11.3 Tags
11.3.1 Overview
11.3.2 Tags: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
11.4 Readers
11.4.1 Overview
11.4.2 Readers: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
11.5 Software & Services
11.5.1 Overview
11.5.2 Software & Services: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
12. Middle East & Africa RFID Market Analysis - Application
12.1 Overview
12.2 Middle East & Africa RFID Market, by Application (2022 and 2030)
12.3 Parcel & Mailboxes
12.3.1 Overview
12.3.2 Parcel & Mailboxes: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
12.4 Lockers
12.4.1 Overview
12.4.2 Lockers: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
12.5 Ticketing
12.5.1 Overview
12.5.2 Ticketing: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
12.6 Others
12.6.1 Overview
12.6.2 Others: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
13. Middle East & Africa RFID Market - Country Analysis
13.1 Overview
13.1.1 Middle East & Africa RFID Market, by Key Country
13.1.1.1 Saudi Arabia: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
13.1.1.1.1 Saudi Arabia: Middle East & Africa RFID Market, by Type
13.1.1.1.2 Saudi Arabia: Middle East & Africa RFID Market, by Frequency Band
13.1.1.1.3 Saudi Arabia: Middle East & Africa RFID Market, by End User
13.1.1.1.4 Saudi Arabia: Middle East & Africa RFID Market, by Product
13.1.1.1.5 Saudi Arabia: Middle East & Africa RFID Market, by Offering
13.1.1.1.6 Saudi Arabia: Middle East & Africa RFID Market, by Application
13.1.1.2 UAE: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
13.1.1.2.1 UAE: Middle East & Africa RFID Market, by Type
13.1.1.2.2 UAE: Middle East & Africa RFID Market, by Frequency Band
13.1.1.2.3 UAE: Middle East & Africa RFID Market, by End User
13.1.1.2.4 UAE: Middle East & Africa RFID Market, by Product
13.1.1.2.5 UAE: Middle East & Africa RFID Market, by Offering
13.1.1.2.6 UAE: Middle East & Africa RFID Market, by Application
13.1.1.3 South Africa: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
13.1.1.3.1 South Africa: Middle East & Africa RFID Market, by Type
13.1.1.3.2 South Africa: Middle East & Africa RFID Market, by Frequency Band
13.1.1.3.3 South Africa: Middle East & Africa RFID Market, by End User
13.1.1.3.4 South Africa: Middle East & Africa RFID Market, by Product
13.1.1.3.5 South Africa: Middle East & Africa RFID Market, by Offering
13.1.1.3.6 South Africa: Middle East & Africa RFID Market, by Application
13.1.1.4 Rest of MEA: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
13.1.1.4.1 Rest of MEA: Middle East & Africa RFID Market, by Type
13.1.1.4.2 Rest of MEA: Middle East & Africa RFID Market, by Frequency Band
13.1.1.4.3 Rest of MEA: Middle East & Africa RFID Market, by End User
13.1.1.4.4 Rest of MEA: Middle East & Africa RFID Market, by Product
13.1.1.4.5 Rest of MEA: Middle East & Africa RFID Market, by Offering
13.1.1.4.6 Rest of MEA: Middle East & Africa RFID Market, by Application
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 Product Development
14.4 Mergers & Acquisitions
15. Company Profiles
15.1 Zebra Technologies Corp
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Assa Abloy AB
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 Honeywell International Inc
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 OMRON Corp
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Siemens AG
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 dormakaba Holding AG
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
16. Appendix
16.1 About the Publisher
16.2 Word Index
List of Tables
Table 1. Middle East & Africa RFID Market Revenue and Forecast to 2030 (US$ Million)
Table 2. Middle East & Africa RFID Market, by Country - Revenue and Forecast to 2030 (US$ Million)
Table 3. Saudi Arabia: Middle East & Africa RFID Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 4. Saudi Arabia: Middle East & Africa RFID Market, by Frequency Band - Revenue and Forecast to 2030 (US$ Million)
Table 5. Saudi Arabia: Middle East & Africa RFID Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 6. Saudi Arabia: Middle East & Africa RFID Market, by Product - Revenue and Forecast to 2030 (US$ Million)
Table 7. Saudi Arabia: Middle East & Africa RFID Market, by Offering - Revenue and Forecast to 2030 (US$ Million)
Table 8. Saudi Arabia: Middle East & Africa RFID Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 9. UAE: Middle East & Africa RFID Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 10. UAE: Middle East & Africa RFID Market, by Frequency Band - Revenue and Forecast to 2030 (US$ Million)
Table 11. UAE: Middle East & Africa RFID Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 12. UAE: Middle East & Africa RFID Market, by Product - Revenue and Forecast to 2030 (US$ Million)
Table 13. UAE: Middle East & Africa RFID Market, by Offering - Revenue and Forecast to 2030 (US$ Million)
Table 14. UAE: Middle East & Africa RFID Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 15. South Africa: Middle East & Africa RFID Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 16. South Africa: Middle East & Africa RFID Market, by Frequency Band - Revenue and Forecast to 2030 (US$ Million)
Table 17. South Africa: Middle East & Africa RFID Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 18. South Africa: Middle East & Africa RFID Market, by Product - Revenue and Forecast to 2030 (US$ Million)
Table 19. South Africa: Middle East & Africa RFID Market, by Offering - Revenue and Forecast to 2030 (US$ Million)
Table 20. South Africa: Middle East & Africa RFID Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 21. Rest of MEA: Middle East & Africa RFID Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 22. Rest of MEA: Middle East & Africa RFID Market, by Frequency Band - Revenue and Forecast to 2030 (US$ Million)
Table 23. Rest of MEA: Middle East & Africa RFID Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 24. Rest of MEA: Middle East & Africa RFID Market, by Product - Revenue and Forecast to 2030 (US$ Million)
Table 25. Rest of MEA: Middle East & Africa RFID Market, by Offering - Revenue and Forecast to 2030 (US$ Million)
Table 26. Rest of MEA: Middle East & Africa RFID Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 27. List of Abbreviation
List of Figures
Figure 1. Middle East & Africa RFID Market Segmentation
Figure 2. Middle East & Africa RFID Market Segmentation - By Country
Figure 3. Middle East & Africa RFID Market Overview
Figure 4. Middle East & Africa RFID Market, by Frequency Band
Figure 5. Middle East & Africa RFID Market, by Country
Figure 6. MEA - PEST Analysis
Figure 7. Middle East & Africa RFID Market- Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Middle East & Africa RFID Market: Impact Analysis of Drivers and Restraints
Figure 10. Middle East & Africa RFID Market Revenue and Forecast (US$ Million)
Figure 11. Middle East & Africa RFID Market Revenue Share, by Type (2022 and 2030)
Figure 12. Active: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Passive: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Middle East & Africa RFID Market Revenue Share, by Frequency Band (2022 and 2030)
Figure 15. Low Frequency: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. High Frequency: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Ultrahigh Frequency: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 18. Middle East & Africa RFID Market Revenue Share, by End User (2022 and 2030)
Figure 19. Public Sector: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Healthcare: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. Education: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Sports & Recreation: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. Hospitality: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. Residential: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 25. BFSI: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 26. Manufacturing: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 27. Telecommunications: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 28. Others: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 29. Middle East & Africa RFID Market Revenue Share, by Product (2022 and 2030)
Figure 30. Cards: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 31. Key Fob: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 32. Smartphone: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 33. Band: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 34. Others: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 35. Middle East & Africa RFID Market Revenue Share, by Offering (2022 and 2030)
Figure 36. Tags: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 37. Readers: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 38. Software & Services: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 39. Middle East & Africa RFID Market Revenue Share, by Application (2022 and 2030)
Figure 40. Parcel & Mailboxes: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 41. Lockers: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 42. Ticketing: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 43. Others: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 44. Middle East & Africa RFID Market, by Key Country- Revenue (2022) (US$ Mn)
Figure 45. Middle East & Africa RFID Market Revenue Share, by Key Country (2022 and 2030)
Figure 46. Saudi Arabia: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 47. UAE: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 48. South Africa: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)
Figure 49. Rest of MEA: Middle East & Africa RFID Market - Revenue and Forecast to 2030 (US$ Million)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Assa Abloy AB
  • dormakaba Holding AG
  • Honeywell International Inc
  • OMRON Corp
  • Siemens AG
  • Zebra Technologies Corp

Table Information