Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Asia Pacific | China | India | Japan | South Korea | Rest of Asia Pacific |
|---|---|---|---|---|---|---|
| 2018 | 306.87 USD Mn | 91.05 USD Mn | 32.65 USD Mn | 71.50 USD Mn | 44.59 USD Mn | 67.08 USD Mn |
| 2019 | 335.34 USD Mn | 100.57 USD Mn | 35.27 USD Mn | 78.44 USD Mn | 47.97 USD Mn | 73.09 USD Mn |
| 2020 | 365.33 USD Mn | 110.75 USD Mn | 37.98 USD Mn | 85.79 USD Mn | 51.44 USD Mn | 79.36 USD Mn |
| 2021 | 399.32 USD Mn | 122.36 USD Mn | 41.04 USD Mn | 94.14 USD Mn | 55.36 USD Mn | 86.42 USD Mn |
| 2022 | 434.91 USD Mn | 134.71 USD Mn | 44.18 USD Mn | 102.94 USD Mn | 59.35 USD Mn | 93.73 USD Mn |
| 2023 | 471.79 USD Mn | 147.71 USD Mn | 47.37 USD Mn | 112.11 USD Mn | 63.38 USD Mn | 101.21 USD Mn |
| 2024 | 509.51 USD Mn | 161.25 USD Mn | 50.57 USD Mn | 121.55 USD Mn | 67.39 USD Mn | 108.76 USD Mn |
| 2025 | 547.47 USD Mn | 175.14 USD Mn | 53.71 USD Mn | 131.12 USD Mn | 71.28 USD Mn | 116.23 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
China accounted for the largest market share in 2019 in the Asia Pacific humidity sensor market, and is expected to reach USD 175.14 Million in 2025 from USD 100.57 Million in 2019.This market is projected to grow at a CAGR of 9.60% during the forecast period from 2020 - 2025. food and beverage segment accounted for the largest market share in 2019, this market is expected to reach USD 207.04 Million in 2025 from USD 117.09 Million in 2019. This market is projected to grow at a CAGR of 9.88% during the forecast period from 2020 - 2025. However, food and beverage segment is the fastest growing market, which is expected to grow at a CAGR of 9.88% during the forecast period 2020 - 2025. semiconducting metal oxides segment accounted for the largest market share in 2019, this market is expected to reach USD 226.98 Million in 2025 from USD 132.51 Million in 2019. This market is projected to grow at a CAGR of 9.30% during the forecast period from 2020 - 2025.
However, semiconducting metal oxides segment is the fastest growing market, which is expected to grow at a CAGR of 9.30% during the forecast period 2020 - 2025. absolute humidity sensor segment accounted for the largest market share in 2019, this market is expected to reach USD 324.88 Million in 2025 from USD 213.49 Million in 2019. This market is projected to grow at a CAGR of 7.16% during the forecast period from 2020 - 2025. However, relative humidity sensor segment is the fastest growing market, which is expected to grow at a CAGR of 10.85% during the forecast period 2020 - 2025.
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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Global Humidity Sensor market [2018-2025] by Asia Pacific



