Middle East & 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)

Abstract
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. The adoption of smart devices and increasing government investments focused on the R&D and installations of Internet of Things (IoT) in the manufacturing, utilities, retail, and other sectors is fueling the growth of IoT. It confers various objects with the ability to interconnect and share data. IoT applications necessitate a data connection between the physical and digital world, and UHF RFID is the finest technology to bridge these spaces. With the boom in IoT in various countries, most networked objects would be connected wirelessly through the passive UHF RFID technology that seamlessly allows passive objects to communicate crucial data, which can be used to identify these objects with exact place and time details. The technology adds intelligence to the IoT ecosystem and simplifies new applications for connected resources. As per RAIN RFID, in 2015, the technology connected~20 billion things, tracking the identity and authenticity of items. In addition, the implementation of UHF RFID increased by ~29% CAGR in healthcare, retail apparel, pharmaceutical, supply chain, and logistics industries. Further, as per IWEC Foundation, there will be ~64 billion IoT devices by 2025, which is up from ~10 billion in 2018. Thus, being a crucial building block of the IoT, the UHF RFID technology will allow several new applications and business models, along with making them affordable and practical for users. Additionally, increasing production in the automotive manufacturering is among the other major factor driving the growth of the MEA UHF RFID (RAIN) market.

Based on component, the MEA UHF RFID (RAIN) market for the hardware segment is expected to grow at the fastest pace during the forecast period.The hardware in the UHF RFID (RAIN) market provides a considerable benefit to the organizations by enabling it to simplify all their business processes and current internal systems, such as inventory management and the technology being used. In addition, enterprises can implement their data security standards that control an entire process housed within the hardware of the enterprise. The hardware segment of the market includes tags and labels, readers, printers, and antennas.

Among the MEA countries, South Africa has recorded the highest number of COVID-19 confirmed cases. Other major countries such as Iran, Iraq, Israel, Morocco, Saudi Arabia, and the UAE are facing the economic impact of COVID-19 outbreak. The region comprises many growing economies such as the 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. Other than the impact of COVID-19 pandemic, there is already a pressure on the economies of various oil-based countries in the region due to falling oil prices. In addition, 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 the economic condition of MEA countries, and impact of COVID-19 pandemic on the growth of various industries in the region are expected to hinder the growth of the MEA UHF RFID (RAIN) market till mid-2021.

The overall MEA UHF RFID (RAIN) market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the MEA UHF RFID (RAIN) market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the MEA UHF RFID (RAIN) market. CAEN RFID S.r.l; Impinj, Inc.; Invengo Technology Pte. Ltd.; Jadak- A Novanta Company; Murata Manufacturing Co., Ltd.; and NXP Semiconductors N.V. are among the key players operating in the market.

Content
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

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

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