Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | North America | United States | Canada | Mexico |
|---|---|---|---|---|
| 2014 | 2334 USD Mn | 1817.7 USD Mn | 313.9 USD Mn | 202.4 USD Mn |
| 2015 | 2521.5 USD Mn | 1955.2 USD Mn | 345.1 USD Mn | 221.3 USD Mn |
| 2016 | 2710.2 USD Mn | 2092.1 USD Mn | 377.3 USD Mn | 240.8 USD Mn |
| 2017 | 2896.6 USD Mn | 2225.8 USD Mn | 410.3 USD Mn | 260.5 USD Mn |
| 2018 | 3076.9 USD Mn | 2353.3 USD Mn | 443.5 USD Mn | 280.1 USD Mn |
| 2019 | 3246.7 USD Mn | 2471.4 USD Mn | 476.1 USD Mn | 299.2 USD Mn |
| 2020 | 3401.4 USD Mn | 2576.6 USD Mn | 507.5 USD Mn | 317.3 USD Mn |
| 2021 | 3536 USD Mn | 2665.3 USD Mn | 536.8 USD Mn | 334 USD Mn |
| 2022 | 3645.5 USD Mn | 2734 USD Mn | 563 USD Mn | 348.5 USD Mn |
| 2023 | 3725.3 USD Mn | 2779.4 USD Mn | 585.4 USD Mn | 360.6 USD Mn |
| 2024 | 3771.1 USD Mn | 2798.7 USD Mn | 602.9 USD Mn | 369.5 USD Mn |
| 2025 | 3779.2 USD Mn | 2789.6 USD Mn | 614.7 USD Mn | 374.8 USD Mn |
| 2026 | 3747.2 USD Mn | 2750.8 USD Mn | 620.2 USD Mn | 376.2 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
United States accounted for the largest market share in 2018 in the North America outbound telemarketing market , and is expected to reach USD 2750.80 Million in 2026 from USD 2353.30 Million in 2018. However, Canada is the fastest growing market, which is expected to grow at a CAGR of 3.85% during the forecast period 2019 - 2026. business to consumer segment accounted for the larger market share in 2018, this market is expected to reach USD 2329.10 Million in 2026 from USD 1863.90 Million in 2018. This market is projected to grow at a CAGR of 2.40% during the forecast period from 2019 - 2026. However, business to consumer segment is the fastest growing market, which is expected to grow at a CAGR of 2.40% during the forecast period 2019 - 2026. it and telecom segment accounted for the largest market share in 2018, this market is expected to reach USD 963.00 Million in 2026 from USD 792.10 Million in 2018. This market is projected to grow at a CAGR of 2.04% during the forecast period from 2019 - 2026. However, bfsi segment is the fastest growing market, which is expected to grow at a CAGR of 2.58% during the forecast period 2019 - 2026.
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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