Middle East and Africa IoT Market Size- By Component, By End User Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Middle East and Africa IoT Market Introduction and Overview

According to SPER Market Research, 'Middle East and Africa IoT Market Size- By Component, By End Use Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' states that the Middle East and Africa IoT Market is estimated to reach USD 504.52 billion by 2033 with a CAGR of 27.81%.

The networking of physical objects with electronics integrated into their architecture to sense and communicate with one another and the outside world is known as the Internet of Things (IoT). IoT-based technology will provide higher quality services and essentially transform how people live their daily lives in the coming years. IoT is widely established in a number of categories, including gene therapies, smart homes, smart cities, smart power, and medical advancements.

The IoT market has been significantly impacted by the COVID-19 pandemic. On the one hand, it hastened the adoption of IoT solutions to deal with the problems brought on by the crisis, especially in supply chain management, remote monitoring, and healthcare. The need for remote patient monitoring, remote operations to ensure business continuity, and supply chain resilience optimization drove this spike in demand for IoT technologies.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Component, By End-User Industry

Regions covered Kingdom of Saudi Arabia, United Arab Emirates, Rest of Middle East & Africa

Companies Covered ACACIA (UAE), Avnet (US), EPm AI Empowered Solutions (UAE), IOTPlus (UAE), iSAT Africa (Africa), iWire Global (UAE), Scope Middle East (UAE), Telit (US), Trinity (South Africa), Others

Middle East and Africa IoT Market Segmentation:

By Component: Based on the component, Middle East and Africa IoT Market is segmented as; Platform, Solution & Services.

By End-use Industry: Based on the end-use industry, Middle East and Africa IoT Market is segmented as; BFSI, Retail, Government, Healthcare, Manufacturing, Agriculture, Sustainable Energy, Transportation, IT & Telecom.

By Region: This research also includes data for Kingdom of Saudi Arabia, United Arab Emirates, Rest of Middle East & Africa.

Product Code: IACT24103

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Middle East and Africa IoT Market.

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Middle East and Africa IoT Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East and Africa IoT Market

7. Middle East and Africa IoT Market, By Component (USD Million) 2020-2033

7.1. Middle East and Africa IoT Market Size, Share and Forecast, By Component, 2020-2026
7.2. Middle East and Africa IoT Market Size, Share and Forecast, By Component, 2027-2033
7.3. Platform
7.4. Solution & Service

8. Middle East and Africa IoT Market, By End-use Industry (USD Million) 2020-2033

8.1. Middle East and Africa IoT Market Size, Share and Forecast, By End-use Industry, 2020-2026
8.2. Middle East and Africa IoT Market Size, Share and Forecast, By End-use Industry, 2027-2033
8.3. BFSI
8.4. Retail
8.5. Government
8.6. Healthcare
8.7. Manufacturing
8.8. Agriculture
8.9. Sustainable Energy
8.10. Transportation
8.11. IT & Telecom

9. Middle East and Africa IoT Market, By Region, 2020-2033 (USD Million)

9.1. Middle East and Africa IoT Market Size and Market Share By Region (2020-2026)
9.2. Middle East and Africa IoT Market Size and Market Share By Region (2027-2033)
9.3. Kingdom of Saudi Arabia
9.4. United Arab Emirates
9.5. Rest of Middle East & Africa

10. Company Profile

10.1. ACACIA (UAE)
- 10.1.1. Company details
- 10.1.2. Financial outlook
- 10.1.3. Product summary
- 10.1.4. Recent developments
10.2. Avnet (US)
- 10.2.1. Company details
- 10.2.2. Financial outlook
- 10.2.3. Product summary
- 10.2.4. Recent developments
10.3. EPm AI Empowered Solutions (UAE)
- 10.3.1. Company details
- 10.3.2. Financial outlook
- 10.3.3. Product summary
- 10.3.4. Recent developments
10.4. IOTPlus (UAE)
- 10.4.1. Company details
- 10.4.2. Financial outlook
- 10.4.3. Product summary
- 10.4.4. Recent developments
10.5. iSAT Africa (Africa)
- 10.5.1. Company details
- 10.5.2. Financial outlook
- 10.5.3. Product summary
- 10.5.4. Recent developments
10.6. iWire Global (UAE)
- 10.6.1. Company details
- 10.6.2. Financial outlook
- 10.6.3. Product summary
- 10.6.4. Recent developments
10.7. Scope Middle East (UAE)
- 10.7.1. Company details
- 10.7.2. Financial outlook
- 10.7.3. Product summary
- 10.7.4. Recent developments
10.8. Telit (US)
- 10.8.1. Company details
- 10.8.2. Financial outlook
- 10.8.3. Product summary
- 10.8.4. Recent developments
10.9. Trinity (South Africa)
- 10.9.1. Company details
- 10.9.2. Financial outlook
- 10.9.3. Product summary
- 10.9.4. Recent developments
10.10. Others