Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Service | Hardware |
|---|---|---|
| 2014 | 480.4590009 USD Mn | 244.8060275 USD Mn |
| 2015 | 505.6253647 USD Mn | 255.7468478 USD Mn |
| 2016 | 533.7820235 USD Mn | 268.0181914 USD Mn |
| 2017 | 565.2176292 USD Mn | 281.7334894 USD Mn |
| 2018 | 600.1469738 USD Mn | 296.9659946 USD Mn |
| 2019 | 638.668303 USD Mn | 313.7292282 USD Mn |
| 2020 | 681.3754254 USD Mn | 332.2776584 USD Mn |
| 2021 | 728.8315967 USD Mn | 352.8432409 USD Mn |
| 2022 | 781.7602015 USD Mn | 375.7277958 USD Mn |
| 2023 | 840.9797126 USD Mn | 401.269722 USD Mn |
| 2024 | 907.2874896 USD Mn | 429.7894982 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 907.29 Million in 2024 from USD 505.63 Million in 2015. This market is projected to grow at a CAGR of 6.86% 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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