Pro
Technology & Electronics
Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Hardware | Software |
|---|---|---|
| 2014 | 38.8 USD Mn | 10.5 USD Mn |
| 2015 | 43.5 USD Mn | 12 USD Mn |
| 2016 | 49.5 USD Mn | 13.8 USD Mn |
| 2017 | 57.4 USD Mn | 16.2 USD Mn |
| 2018 | 67.9 USD Mn | 19.4 USD Mn |
| 2019 | 82.3 USD Mn | 23.8 USD Mn |
| 2020 | 102.4 USD Mn | 30 USD Mn |
| 2021 | 131.1 USD Mn | 38.9 USD Mn |
| 2022 | 173.4 USD Mn | 52.2 USD Mn |
| 2023 | 237.5 USD Mn | 72.4 USD Mn |
| 2024 | 337.6 USD Mn | 104.2 USD Mn |
| 2025 | 499.2 USD Mn | 156.1 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
By 2025, Hardware is the largest of the 2 groups tracked here, at 499.20M USD, 76% of the combined total.
Software follows at 156.10M USD, 69% smaller than Hardware.
Hardware climbs from 38.80M USD (2014) to 499.20M USD (2025), a 1187% gain.
Software: 10.50M USD in 2014 to 156.10M USD by 2025, up 1387%.
Software outpaces every other series here, 1387% growth — worth watching even if it is not the biggest in absolute terms yet.
Across the full group, the combined total moves from 49.30M USD in 2014 to 655.30M USD in 2025 — a 1229% change.
How The 2 Series Compare
There are 2 separate series stacked into this one chart. Look at relative size and relative movement, not just whichever line sits highest.
Size and growth rate are two different questions here — a series can be small in absolute terms and still be growing the fastest of the group. Check both before drawing a conclusion.
For planning purposes, the end-year figure and the growth rate are the two numbers that matter. Together they show how large the Italy Artificial Intelligence (AI) Chipset market is projected to become and how quickly it gets there.
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.