Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Business to Consumer | Business to Business |
|---|---|---|
| 2014 | 1170.9 USD Mn | 763 USD Mn |
| 2015 | 1282.8 USD Mn | 829.1 USD Mn |
| 2016 | 1398.8 USD Mn | 896.9 USD Mn |
| 2017 | 1517.6 USD Mn | 965.2 USD Mn |
| 2018 | 1637.2 USD Mn | 1033 USD Mn |
| 2019 | 1755.4 USD Mn | 1098.8 USD Mn |
| 2020 | 1869.7 USD Mn | 1161.1 USD Mn |
| 2021 | 1977.3 USD Mn | 1218.3 USD Mn |
| 2022 | 2075.1 USD Mn | 1268.5 USD Mn |
| 2023 | 2159.9 USD Mn | 1310.1 USD Mn |
| 2024 | 2228.5 USD Mn | 1341.2 USD Mn |
| 2025 | 2277.8 USD Mn | 1360.3 USD Mn |
| 2026 | 2305.3 USD Mn | 1366.1 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
business to consumer segment accounted for the larger market share in 2018, this market is expected to reach USD 2305.30 Million in 2026 from USD 1637.20 Million in 2018. This market is projected to grow at a CAGR of 3.97% during the forecast period from 2019 - 2026. However, business to consumer segment is the fastest growing market, which is expected to grow at a CAGR of 3.97% during the forecast period 2019 - 2026.
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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