Middle East & Africa Physical Identity And Access Management Market Size & Outlook
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MEA physical identity and access management market highlights
- The MEA physical identity and access management market generated a revenue of USD 88.8 million in 2023.
- The market is expected to grow at a CAGR of 15.6% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating offering in 2023.
- Software is the most lucrative offering segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 88.8 million |
| Market revenue in 2030 | USD 244.5 million |
| Growth rate | 15.6% (CAGR from 2024 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software |
| Key market players worldwide | BridgeLux, Wolfspeed Inc, Epistar Corporation, Everlight Electronics, GE Lighting, Lumileds, Nichia Corporation, OSRAM Opto Semiconductors, Philips, Samsung Electronics Co Ltd, Seoul Semiconductor |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.3% of the global physical identity and access management market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 722.4 million by 2030.
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Physical Identity And Access Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BridgeLux | View profile | 51-100 | Sunnyvale, California, United States, North America | http://www.bridgelux.com |
| OSRAM Opto Semiconductors | View profile | 5001-10000 | Sunnyvale, California, United States, North America | http://www.osram-os.com/ |
| Lumileds | View profile | 5001-10000 | San Jose, California, United States, North America | https://lumileds.com |
| Epistar Corporation | View profile | 1001-5000 | Hsinchu, T'ai-wan, Taiwan, Asia | https://www.epistar.com/EpistarTw/index |
| GE Lighting | View profile | 101-250 | Cleveland, Ohio, United States, North America | http://www.gelighting.com/LightingWeb/splash.jsp |
| Seoul Semiconductor | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.seoulsemicon.com/ |
| Philips | View profile | 10001+ | Amsterdam, Noord-Holland, The Netherlands, Europe | https://www.usa.philips.com |
| Everlight Electronics | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | http://www.everlight.com/ |
| Wolfspeed Inc | View profile | 4802 | 4600 Silicon Drive, Durham, NC, United States, 27703 | https://www.wolfspeed.com |
| Nichia Corporation | View profile | 5001-10000 | Tokushima, Tokushima, Japan, Asia | http://www.nichia.co.jp/ |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
Middle East & Africa physical identity and access management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to physical identity and access management market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa physical identity and access management market based on software covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa physical identity and access management market databook
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Our clientele includes a mix of physical identity and access management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa physical identity and access management market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa physical identity and access management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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