Pro
Technology & Electronics
Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Total | Middle East And Africa | South America |
|---|---|---|---|
| 2018 | 73.7 USD Mn | 30.2 USD Mn | 43.4 USD Mn |
| 2019 | 87.5 USD Mn | 35.8 USD Mn | 51.7 USD Mn |
| 2020 | 104.6 USD Mn | 42.7 USD Mn | 61.9 USD Mn |
| 2021 | 126.1 USD Mn | 51.4 USD Mn | 74.7 USD Mn |
| 2022 | 153.3 USD Mn | 62.3 USD Mn | 91 USD Mn |
| 2023 | 188.2 USD Mn | 76.3 USD Mn | 111.9 USD Mn |
| 2024 | 233.2 USD Mn | 94.3 USD Mn | 138.9 USD Mn |
| 2025 | 292.2 USD Mn | 117.9 USD Mn | 174.3 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
The GDPR services market is driven by various factors, such as the growing need to effectively protect personal data of customers and fear of heavy fines imposed by the GDPR regulatory authority. However, a huge expense on availing GDPR services might restrict the growth of the market.
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