Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Total | GCC | South Africa | Rest Of Middle East And Africa |
|---|---|---|---|---|
| 2018 | 4.2 USD Mn | 1.9 USD Mn | 0.7 USD Mn | 1.6 USD Mn |
| 2019 | 4.7 USD Mn | 2.1 USD Mn | 0.7 USD Mn | 1.8 USD Mn |
| 2020 | 5.3 USD Mn | 2.4 USD Mn | 0.8 USD Mn | 2 USD Mn |
| 2021 | 5.9 USD Mn | 2.7 USD Mn | 0.9 USD Mn | 2.2 USD Mn |
| 2022 | 6.5 USD Mn | 3 USD Mn | 1.1 USD Mn | 2.5 USD Mn |
| 2023 | 7.3 USD Mn | 3.4 USD Mn | 1.2 USD Mn | 2.8 USD Mn |
| 2024 | 8.2 USD Mn | 3.8 USD Mn | 1.3 USD Mn | 3.1 USD Mn |
| 2025 | 9.2 USD Mn | 4.3 USD Mn | 1.5 USD Mn | 3.5 USD Mn |
| 2026 | 10.5 USD Mn | 4.9 USD Mn | 1.7 USD Mn | 3.9 USD Mn |
| 2027 | 11.9 USD Mn | 5.5 USD Mn | 2 USD Mn | 4.5 USD Mn |
| 2028 | 13.7 USD Mn | 6.3 USD Mn | 2.2 USD Mn | 5.1 USD Mn |
| 2029 | 15.7 USD Mn | 7.3 USD Mn | 2.6 USD Mn | 5.8 USD Mn |
| 2030 | 18.1 USD Mn | 8.4 USD Mn | 3 USD Mn | 6.7 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Global Wireless Connectivity Market GCC, South Africa and Rest Of Middle East And Africa market is on a steady long-term growth path. Segment value stands at roughly USD 11 Mn in 2026 and is projected to reach USD 18 Mn by 2030 — a gain of about 72% over the forecast period, translating to a CAGR in the double digits.
- What the regional split looks like (2026): GCC leads, holding roughly 47% of segment value — the single largest regional share. Rest Of Middle East And Africa is the second-largest contributor. South Africa make up the remainder, in descending order.
- By 2030, GCC alone is expected to reach USD 8 Mn, with Rest Of Middle East And Africa at USD 7 Mn.
Market Dynamics
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