Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Asia Pacific | China | India | Japan | South Korea | Rest of Asia Pacific |
|---|---|---|---|---|---|---|
| 2017 | 866.6 USD Mn | 147.7 USD Mn | 60.7 USD Mn | 482.5 USD Mn | 140 USD Mn | 35.6 USD Mn |
| 2018 | 1037.2 USD Mn | 174.8 USD Mn | 72.1 USD Mn | 581.9 USD Mn | 167 USD Mn | 41.5 USD Mn |
| 2019 | 1241.9 USD Mn | 206.8 USD Mn | 85.6 USD Mn | 701.9 USD Mn | 199.2 USD Mn | 48.3 USD Mn |
| 2020 | 1490.2 USD Mn | 245 USD Mn | 101.9 USD Mn | 848.6 USD Mn | 238.2 USD Mn | 56.5 USD Mn |
| 2021 | 1791.6 USD Mn | 290.7 USD Mn | 121.5 USD Mn | 1027.9 USD Mn | 285.4 USD Mn | 66.1 USD Mn |
| 2022 | 2155.8 USD Mn | 345 USD Mn | 145 USD Mn | 1246.2 USD Mn | 342.2 USD Mn | 77.4 USD Mn |
| 2023 | 2605.5 USD Mn | 411.1 USD Mn | 173.8 USD Mn | 1517.6 USD Mn | 412.1 USD Mn | 91 USD Mn |
| 2024 | 3149.6 USD Mn | 489.5 USD Mn | 208.4 USD Mn | 1848.2 USD Mn | 496.4 USD Mn | 107.1 USD Mn |
| 2025 | 3807.8 USD Mn | 582.7 USD Mn | 249.8 USD Mn | 2251.3 USD Mn | 597.9 USD Mn | 126 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Japan accounted for the largest market share in 2018 in the Asia Pacific mobile printer market, and is expected to reach USD 2251.30 Million in 2025 from USD 581.90 Million in 2018.This market is projected to grow at a CAGR of 21.44% during the forecast period from 2019 - 2025. barcode labels segment accounted for the largest market share in 2018, this market is expected to reach USD 1625.60 Million in 2025 from USD 413.70 Million in 2018. This market is projected to grow at a CAGR of 21.69% during the forecast period from 2019 - 2025. However, barcode labels segment is the fastest growing market, which is expected to grow at a CAGR of 21.69% during the forecast period 2019 - 2025. retail stores segment accounted for the larger market share in 2018, this market is expected to reach USD 2918.90 Million in 2025 from USD 813.70 Million in 2018. This market is projected to grow at a CAGR of 20.13% during the forecast period from 2019 - 2025.
However, online/e commerce segment is the fastest growing market, which is expected to grow at a CAGR of 21.91% during the forecast period 2019 - 2025. corporate offices segment accounted for the largest market share in 2018, this market is expected to reach USD 1467.40 Million in 2025 from USD 383.50 Million in 2018. This market is projected to grow at a CAGR of 21.23% during the forecast period from 2019 - 2025. However, retail segment is the fastest growing market, which is expected to grow at a CAGR of 21.30% during the forecast period 2019 - 2025. wi fi segment accounted for the largest market share in 2018, this market is expected to reach USD 1765.70 Million in 2025 from USD 454.00 Million in 2018. This market is projected to grow at a CAGR of 21.53% during the forecast period from 2019 - 2025. However, wi fi segment is the fastest growing market, which is expected to grow at a CAGR of 21.53% during the forecast period 2019 - 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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