Pro
Technology & Electronics
Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Hardware | Software |
|---|---|---|
| 2014 | 49.1 USD Mn | 13.7 USD Mn |
| 2015 | 54.4 USD Mn | 15.5 USD Mn |
| 2016 | 61.2 USD Mn | 17.9 USD Mn |
| 2017 | 70.1 USD Mn | 21 USD Mn |
| 2018 | 81.9 USD Mn | 25.2 USD Mn |
| 2019 | 98 USD Mn | 30.9 USD Mn |
| 2020 | 120.4 USD Mn | 38.9 USD Mn |
| 2021 | 152.2 USD Mn | 50.4 USD Mn |
| 2022 | 198.8 USD Mn | 67.6 USD Mn |
| 2023 | 268.8 USD Mn | 93.7 USD Mn |
| 2024 | 377.1 USD Mn | 134.9 USD Mn |
| 2025 | 550.4 USD Mn | 202 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
2025: Hardware accounts for 73% of the combined USD total across these 2 groups, the largest single share.
Next is Software, at 202.00M USD — 63% behind Hardware.
Hardware: 49.10M USD in 2014 to 550.40M USD by 2025, up 1021%.
Software: 13.70M USD to 202.00M USD, 1374% higher by 2025.
Software outpaces every other series here, 1374% growth — worth watching even if it is not the biggest in absolute terms yet.
Combined, all 2 groups add up to 752.40M USD by 2025 — 1098% up from 62.80M USD in 2014.
Making Sense Of 2 Series At Once
With 2 series on one chart, the shape that matters is how the ranking shifts over time, not just where each line starts or ends.
Do not confuse "biggest" with "fastest-growing" — they are frequently different series on a chart like this one, and the gap between them can close faster than the current ranking suggests.
Treat these values as a directional estimate of the France Artificial Intelligence (AI) Chipset market. They are most useful for comparing segments and regions against each other, and for spotting where demand is expected to build fastest.
The numbers here come from a market sizing model: historical revenue estimates up to the 2018 base year, then forecasts through 2025 using growth-rate assumptions for each segment. The underlying report explains the methodology in detail.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.