Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Europe | Germany | Spain | France | United Kingdom | Italy | Rest of Europe |
|---|---|---|---|---|---|---|---|
| 2017 | 2192.8 USD Mn | 691.0 USD Mn | 70.9 USD Mn | 433.5 USD Mn | 521.6 USD Mn | 205.4 USD Mn | 270.4 USD Mn |
| 2018 | 2292.3 USD Mn | 725.8 USD Mn | 73.7 USD Mn | 455.7 USD Mn | 539.9 USD Mn | 215.2 USD Mn | 282.0 USD Mn |
| 2019 | 2382.5 USD Mn | 757.8 USD Mn | 76.2 USD Mn | 476.3 USD Mn | 555.6 USD Mn | 224.2 USD Mn | 292.5 USD Mn |
| 2020 | 2408.3 USD Mn | 769.4 USD Mn | 76.6 USD Mn | 484.2 USD Mn | 556.1 USD Mn | 227.1 USD Mn | 294.9 USD Mn |
| 2021 | 2437.0 USD Mn | 781.9 USD Mn | 77.1 USD Mn | 492.7 USD Mn | 557.1 USD Mn | 230.4 USD Mn | 297.8 USD Mn |
| 2022 | 2484.8 USD Mn | 800.6 USD Mn | 78.1 USD Mn | 505.2 USD Mn | 562.4 USD Mn | 235.4 USD Mn | 302.9 USD Mn |
| 2023 | 2543.9 USD Mn | 823.0 USD Mn | 79.6 USD Mn | 520.2 USD Mn | 570.1 USD Mn | 241.6 USD Mn | 309.4 USD Mn |
| 2024 | 2618.9 USD Mn | 850.7 USD Mn | 81.5 USD Mn | 538.5 USD Mn | 581.1 USD Mn | 249.3 USD Mn | 317.7 USD Mn |
| 2025 | 2732.9 USD Mn | 891.1 USD Mn | 84.6 USD Mn | 565.2 USD Mn | 600.5 USD Mn | 260.8 USD Mn | 330.8 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Germany accounted for the largest market share in 2018 in the Europe silicon wafer market, and is expected to reach USD 891.10 Million in 2025 from USD 725.80 Million in 2018. However, France is the fastest growing market, which is expected to grow at a CAGR of 2.89% during the forecast period 2019 - 2025. solar cell segment accounted for the largest market share in 2018, this market is expected to reach USD 607.10 Million in 2025 from USD 495.40 Million in 2018. This market is projected to grow at a CAGR of 2.71% during the forecast period from 2019 - 2025. However, solar cell segment is the fastest growing market, which is expected to grow at a CAGR of 2.71% during the forecast period 2019 - 2025. p type segment accounted for the larger market share in 2018, this market is expected to reach USD 1527.40 Million in 2025 from USD 1342.30 Million in 2018. This market is projected to grow at a CAGR of 1.63% during the forecast period from 2019 - 2025.
However, n type segment is the fastest growing market, which is expected to grow at a CAGR of 3.22% during the forecast period 2019 - 2025. 300mm segment accounted for the largest market share in 2018, this market is expected to reach USD 1113.10 Million in 2025 from USD 906.90 Million in 2018. This market is projected to grow at a CAGR of 2.74% during the forecast period from 2019 - 2025. epitaxal wafer segment accounted for the largest market share in 2018, this market is expected to reach USD 983.90 Million in 2025 from USD 800.20 Million in 2018. This market is projected to grow at a CAGR of 2.77% during the forecast period from 2019 - 2025. However, epitaxal wafer segment is the fastest growing market, which is expected to grow at a CAGR of 2.77% 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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