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Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
Charts & Stats
Middle East & Africa System on Module Market, By Application, 2018–2026
By Application, the market is segmented into Industrial Automation, Medical, Entertainment, Transportation, Test & Measurement, and Others (2018-2026)
Author: Wantstats Research TeamSource: Wantstats Repository
| Label | Industrial Automation | Medical | Entertainment | Transportation | Test & Measurement | Others |
|---|---|---|---|---|---|---|
| 2018 | 81.2 USD Mn | 50.2 USD Mn | 19.6 USD Mn | 10.2 USD Mn | 15.7 USD Mn | 2 USD Mn |
| 2019 | 88.1 USD Mn | 54.7 USD Mn | 20.3 USD Mn | 10.5 USD Mn | 16.7 USD Mn | 2.4 USD Mn |
| 2020 | 86.7 USD Mn | 54.1 USD Mn | 19.1 USD Mn | 9.7 USD Mn | 16.1 USD Mn | 2.5 USD Mn |
| 2021 | 86.4 USD Mn | 54.2 USD Mn | 18.2 USD Mn | 9.2 USD Mn | 15.7 USD Mn | 2.6 USD Mn |
| 2022 | 88.5 USD Mn | 55.8 USD Mn | 17.8 USD Mn | 8.9 USD Mn | 15.8 USD Mn | 2.6 USD Mn |
| 2023 | 93.2 USD Mn | 59.1 USD Mn | 17.9 USD Mn | 8.9 USD Mn | 16.3 USD Mn | 2.7 USD Mn |
| 2024 | 100.8 USD Mn | 64.2 USD Mn | 18.5 USD Mn | 9.1 USD Mn | 17.3 USD Mn | 2.8 USD Mn |
| 2025 | 112 USD Mn | 71.7 USD Mn | 19.7 USD Mn | 9.5 USD Mn | 18.9 USD Mn | 2.9 USD Mn |
| 2026 | 127.4 USD Mn | 82.2 USD Mn | 21.9 USD Mn | 10.5 USD Mn | 20.8 USD Mn | 2.8 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Industrial Automation is the biggest of 6 groups as of 2026, at 127.40M USD (48% of the combined total).
Medical is runner-up at 82.20M USD — 35% off the lead.
Industrial Automation grows to 127.40M USD by 2026, from 81.20M USD in 2018 — 57% up.
Medical climbs from 50.20M USD (2018) to 82.20M USD (2026), a 64% gain.
Entertainment: up 12% over the period, 19.60M USD to 21.90M USD.
Test & Measurement: 15.70M USD to 20.80M USD, 32% higher by 2026.
Transportation: barely moves, 10.20M USD in 2018 to 10.50M USD by 2026.
Others: 2.00M USD in 2018 to 2.80M USD by 2026, up 40%.
Medical grows fastest of the group, 64% from 2018 to 2026 — starting smaller doesn't mean staying smaller at this pace.
Across the full group, the combined total moves from 178.90M USD in 2018 to 265.60M USD in 2026 — a 48% change.
How The 6 Series Compare
This is a comparison chart, 6 groups at once — the interesting question is usually how the gap between them changes, not the value of any single group in isolation.
The largest series today is not guaranteed to stay largest — check the growth rate of each group, not just its current size, before projecting the ranking forward.
For planning purposes, the end-year figure and the growth rate are the two numbers that matter. Together they show how large the Middle East & Africa System on Module market is projected to become and how quickly it gets there.
This is a market research forecast, not an official statistic. Values after the 2018 base year are modeled projections to 2026, based on supply-side and demand-side analysis, and are updated when market conditions change.
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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.
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.