Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Service | Hardware |
|---|---|---|
| 2014 | 211.0524584 USD Mn | 112.6389693 USD Mn |
| 2015 | 228.8867719 USD Mn | 121.2788228 USD Mn |
| 2016 | 248.958534 USD Mn | 130.9677617 USD Mn |
| 2017 | 271.5598116 USD Mn | 141.8348775 USD Mn |
| 2018 | 296.9694864 USD Mn | 153.998513 USD Mn |
| 2019 | 325.4272859 USD Mn | 167.5532295 USD Mn |
| 2020 | 357.4464927 USD Mn | 182.7304585 USD Mn |
| 2021 | 393.569213 USD Mn | 199.7693998 USD Mn |
| 2022 | 434.4721902 USD Mn | 218.9699904 USD Mn |
| 2023 | 480.8609013 USD Mn | 240.6382004 USD Mn |
| 2024 | 533.542587 USD Mn | 265.1215556 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
service segment accounted for the larger market share in 2015, this market is expected to reach USD 533.54 Million in 2024 from USD 228.89 Million in 2015. This market is projected to grow at a CAGR of 10.00% during the forecast period from 2016 - 2024.
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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