Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Service | Hardware |
|---|---|---|
| 2014 | 611.9060232 USD Mn | 295.6396115 USD Mn |
| 2015 | 649.3254007 USD Mn | 311.4852448 USD Mn |
| 2016 | 691.5501932 USD Mn | 329.3838445 USD Mn |
| 2017 | 739.1329833 USD Mn | 349.5519236 USD Mn |
| 2018 | 792.5607358 USD Mn | 372.1680532 USD Mn |
| 2019 | 852.1958147 USD Mn | 397.3471705 USD Mn |
| 2020 | 919.0970518 USD Mn | 425.5229122 USD Mn |
| 2021 | 994.341405 USD Mn | 457.1236039 USD Mn |
| 2022 | 1079.291698 USD Mn | 492.6941376 USD Mn |
| 2023 | 1175.329526 USD Mn | 532.7766347 USD Mn |
| 2024 | 1284.071877 USD Mn | 578.0054658 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
service segment accounted for the larger market share in 2015, this market is expected to reach USD 1284.07 Million in 2024 from USD 649.33 Million in 2015. This market is projected to grow at a CAGR of 8.04% during the forecast period from 2016 - 2024.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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