
Middle East & Africa Authentication and Brand Protection Market
No. of Pages: 102 | Report Code: TIPRE00014003 | Category: Technology, Media and Telecommunications
No. of Pages: 102 | Report Code: TIPRE00014003 | Category: Technology, Media and Telecommunications
The authentication and brand protection market is highly fragmented with the presence of numerous players. Also, many of the players are offering fractional solutions in the market. Therefore, the demand for end-to-end holistic solutions providing a combination of systems that can effectively authenticate, track & trace, and serve is rising. The increasing use of mobile apps for scanning codes also creates immense growth opportunities in the overall market. Companies are also providing end-to-end online solutions to monitor intellectual property violations, including patent and design violations and trademark or brand infringements. For instance, Amazon launched the Anti-Counterfeiting Exchange (ACX), an initiative to tackle counterfeit goods on the Amazon platform, in April 2023. Using a third-party database, ACX permits retail stores and Amazon marketplace sellers to track and label counterfeit products. In August 2022, Giesecke + Devrient (G+D) developed a new authentication solution to tackle issues such as counterfeiting, and product and brand piracy. In developing economies, the timely identification of counterfeit violations proves to be helpful due to the presence of more unorganized sectors. Authentix is another company offering brand protection technology to authenticate products while protecting high-value brands and consumers' health. Honeywell International, Infineon Technologies, Data Dot Technology Ltd, and AlpVision are also providing integrated solutions and increasing the market for authentication and brand protection market.
The authentication and brand protection market in the MEA is segmented into the UAE, Saudi Arabia, South Africa, and Rest of the MEA. Rest of the MEA includes Israel, Nigeria, Egypt, and Kuwait. The counterfeit product market in the MEA continues to surge for this reason as the duplicates cost lower than the original products. In addition, these fake products are difficult to differentiate; although they have several flaws, they are not identifiable by end users in the initial phase of use or scrutiny. To combat counterfeiting, the Egyptian government is taking various steps. Also, the Middle East Global Advisory Council—co-chaired by Munir Subboh (BSA Ahmad Bin Hezeem & Associates LLP, UAE) and Charles International Trademark Association’ (INTA) Middle East consultant—has kicked off the policy dialogue for IP rights and other primacies in the field of advocacy, such as enforcement, IP practices, and strengthening the partnership between private and public sectors. The Egypt policy of dialogue focused on brand protection advocacy and conducting training in industries such as media and entertainment, sportswear, auto spare parts, industrial products, watches, and food products. Such government initiatives create growth opportunities for the authentication and brand protection market in the Middle East & Africa.
Strategic insights for the Middle East & Africa Authentication and Brand Protection provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Authentication and Brand Protection refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Authentication and Brand Protection Strategic Insights
Middle East & Africa Authentication and Brand Protection Report Scope
Report Attribute
Details
Market size in 2022
US$ 243.01 Million
Market Size by 2030
US$ 508.65 Million
Global CAGR (2022 - 2030)
9.7%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Component
By Technology
By Application
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Authentication and Brand Protection Regional Insights
Middle East & Africa Authentication and Brand Protection Market Segmentation
The Middle East & Africa authentication and brand protection market is segmented based on component, technology, application, and country. Based on component, the Middle East & Africa authentication and brand protection market is segmented into overt, covert, forensic, and digital. The overt segment held the largest market share in 2022.
Based on technology, the Middle East & Africa authentication and brand protection market is segmented into security printing & tamper proof labels, security inks & coatings, OVDS and holograms, unique codes, bar codes, RFID, authentication ICS, and others. The bar codes segment held the largest market share in 2022.
Based on application, the Middle East & Africa authentication and brand protection market is segmented into consumer electronics, automotive, medical, chemical, food & beverage, tobacco, and others. The food & beverage segment held the largest market share in 2022.
Based on country, the Middle East & Africa authentication and brand protection market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa authentication and brand protection market in 2022.
3M Co, Authentix, Avery Dennison Corporation, De La Rue Plc, Eastman Kodak Co, and Giesecke Devrient GmbH are some of the leading players operating in the Middle East & Africa authentication and brand protection market.
The Middle East & Africa Authentication and Brand Protection Market is valued at US$ 243.01 Million in 2022, it is projected to reach US$ 508.65 Million by 2030.
As per our report Middle East & Africa Authentication and Brand Protection Market, the market size is valued at US$ 243.01 Million in 2022, projecting it to reach US$ 508.65 Million by 2030. This translates to a CAGR of approximately 9.7% during the forecast period.
The Middle East & Africa Authentication and Brand Protection Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Authentication and Brand Protection Market report:
The Middle East & Africa Authentication and Brand Protection Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Authentication and Brand Protection Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Authentication and Brand Protection Market value chain can benefit from the information contained in a comprehensive market report.