Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Hardware | Software |
|---|---|---|
| 10678.4 | 10678.4 USD Mn | 2857.2 USD Mn |
| 11466.7 | 11466.7 USD Mn | 3099.5 USD Mn |
| 12412.6 | 12412.6 USD Mn | 3389.7 USD Mn |
| 13553 | 13553 USD Mn | 3739.4 USD Mn |
| 14936.5 | 14936.5 USD Mn | 4163.9 USD Mn |
| 16626.3 | 16626.3 USD Mn | 4683.4 USD Mn |
| 18706.9 | 18706.9 USD Mn | 5324.6 USD Mn |
| 21291.3 | 21291.3 USD Mn | 6124 USD Mn |
| 24533.4 | 24533.4 USD Mn | 7131.1 USD Mn |
Data Source: Wantstats Repository
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View Subscription PlansGrowth Outlook
- The 2025] Rest of the World by Component portion of the Global Online Education market [2017 market is on a steady long-term growth path. Segment value stands at roughly USD 13536 Mn in 10678.4 and is projected to reach USD 31665 Mn by 24533.4 — a gain of about 134% over the forecast period, translating to a CAGR in the low single digits.
- hardware segment accounted for the larger market share in 2018, this market is expected to reach USD 24533. 40 Million in 2025 from USD 11466.
- What the regional split looks like (10678.4): Hardware leads, holding roughly 79% of segment value — the single largest regional share. Software is the second-largest contributor.
- By 24533.4, Hardware alone is expected to reach USD 24533 Mn, with Software at USD 7131 Mn.
Market Dynamics
hardware segment accounted for the larger market share in 2018, this market is expected to reach USD 24533.40 Million in 2025 from USD 11466.70 Million in 2018. This market is projected to grow at a CAGR of 12.03% during the forecast period from 2019 - 2025. However, software segment is the fastest growing market, which is expected to grow at a CAGR of 13.20% 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.
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