Middle East and Africa Artwork Management Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment (On-Premise and Cloud) and Application (Life-Sciences, Retail, Manufacturing, and others)

Retail segment to Dominate the Middle East & Africa Artwork Management Software Market during the Forecast Period

According to this research study titled “Middle East & Africa Artwork Management Software Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Deployment and Application,” the market is expected to reach US$ 14.80 million by 2028 from US$ 12.71 million in 2021. The market is estimated to grow at a CAGR of 2.2% from 2021 to 2028. The report provides trends prevailing in the Middle East & Africa artwork management software market along with the drivers and restraints pertaining to the market growth. Raising FMCG industry worldwide, Up-surging pharmaceutical and life science business, and Occurrence of new and sophisticated technologies are the major factor driving the growth of the artwork management software market. However, Familiar artwork management challenges hinder the growth of artwork management software market.

South Africa, the UAE, Saudi Arabia, Morocco, Egypt, and Kuwait are the main countries facing the economic effects of COVID-19 in the Middle East and African region. It is becoming clear with the COVID-19 pandemic spreading through the above-mentioned countries that few can avoid its effects, posing major challenges for all sectors including food & beverage, retail, and pharmaceutical. The COVID-19 outbreak has highly disrupted the supply and demand gap in the adoption of artwork management tool in MEA countries.

Middle East & Africa artwork management software market is segmented based on deployment and application. The Middle East & Africa artwork management software market based on deployment is segmented into on-premise and cloud. On-premises segment accounted for the highest share in the market in 2020 and cloud is expected to be fastest growing during forecast period. Based on application, is segmented into life sciences, retail, manufacturing, and others. The life sciences segment accounted for the highest share in 2020 and retail segment is expected to be the fastest growing during forecast period.

enLabel Global Services; Karomi Inc.; Loftware, Inc.; Freyr.; Esko-Graphics BV.; Twona.; Kallik; and Lascom are among some of the leading companies in the Middle East & Africa artwork management software market. The market players focus on new product innovations and developments in order to achieve sustainable growth and to distinguish themselves among competitors present in the highly competitive artwork Management Software Market. For instance, Freyr Solutions, a leading provider of regulatory solutions and services, has launched Freyr LABEL 360, a ground-breaking labelling tool. Freyr LABEL 360, billed as a one-stop labelling solution, is designed from the ground up to develop, monitor, and manage various aspects of the drug labelling lifecycle in real time, from content to carton