Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Oil & Gas | Chemical | Power Generation | Others |
|---|---|---|---|---|
| 2017 | 1056.41 USD Mn | 760.25 USD Mn | 649.91 USD Mn | 396.66 USD Mn |
| 2018 | 1101.30 USD Mn | 787.10 USD Mn | 680.83 USD Mn | 415.18 USD Mn |
| 2019 | 1148.49 USD Mn | 815.33 USD Mn | 713.60 USD Mn | 434.84 USD Mn |
| 2020 | 1198.56 USD Mn | 845.33 USD Mn | 748.63 USD Mn | 455.88 USD Mn |
| 2021 | 1252.32 USD Mn | 877.63 USD Mn | 786.48 USD Mn | 478.67 USD Mn |
| 2022 | 1310.95 USD Mn | 912.98 USD Mn | 827.95 USD Mn | 503.72 USD Mn |
| 2023 | 1375.95 USD Mn | 952.32 USD Mn | 874.07 USD Mn | 531.68 USD Mn |
| 2024 | 1449.24 USD Mn | 996.86 USD Mn | 926.15 USD Mn | 563.41 USD Mn |
| 2025 | 1533.07 USD Mn | 1047.99 USD Mn | 985.76 USD Mn | 599.91 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
oil and gas segment accounted for the largest market share in the level transmitter market, and is expected to reach USD 1533.07 Million in 2025 from USD 1101.30 Million in 2018. However, power generation segment is the fastest growing market, which is expected to grow at a CAGR of 5.53% 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.
Unlock the Full Data
Get This Chart
Access the complete chart and underlying data to support your research, analysis, and business decisions.
Powering the world's best teams.
From next-gen startups to established enterprises.
Get in Touch
Let's work together
support@wantstats.comSee our work in action
Start your data driven journey with us!
What our clients say
Trusted by forward-thinking businesses
for data-driven intelligence



