Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Total | Onshore Renewable Energy | Offshore Renewable Energy |
|---|---|---|---|
| 2018 | 1523.2 USD Mn | 1021.1 USD Mn | 502.1 USD Mn |
| 2019 | 1561.4 USD Mn | 1047.4 USD Mn | 514 USD Mn |
| 2020 | 1358.8 USD Mn | 911.3 USD Mn | 447.5 USD Mn |
| 2021 | 1834.6 USD Mn | 1229.3 USD Mn | 605.3 USD Mn |
| 2022 | 1698.4 USD Mn | 1135.8 USD Mn | 562.6 USD Mn |
| 2023 | 1974.2 USD Mn | 1316.2 USD Mn | 658 USD Mn |
| 2024 | 2302.3 USD Mn | 1528.4 USD Mn | 773.9 USD Mn |
| 2025 | 2694.1 USD Mn | 1778.4 USD Mn | 915.7 USD Mn |
| 2026 | 3163.4 USD Mn | 2073.2 USD Mn | 1090.2 USD Mn |
| 2027 | 3727.6 USD Mn | 2421.1 USD Mn | 1306.5 USD Mn |
| 2028 | 4408.4 USD Mn | 2831.9 USD Mn | 1576.5 USD Mn |
| 2029 | 5233 USD Mn | 3317 USD Mn | 1916 USD Mn |
| 2030 | 6235.6 USD Mn | 3889.5 USD Mn | 2346 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Global Renewable Energy Data & Services Market By TYPE market is on a steady long-term growth path. Segment value stands at roughly USD 3163 Mn in 2026 and is projected to reach USD 6236 Mn by 2030 — a gain of about 97% over the forecast period, translating to a CAGR in the double digits.
- What the regional split looks like (2026): Onshore Renewable Energy leads, holding roughly 66% of segment value — the single largest regional share. Offshore Renewable Energy is the second-largest contributor.
- By 2030, Onshore Renewable Energy alone is expected to reach USD 3890 Mn, with Offshore Renewable Energy at USD 2346 Mn.
Market Dynamics
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