Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | South America | South America |
|---|---|---|
| 2014 | 681.7 USD Mn | 681.7 USD Mn |
| 2015 | 763.9 USD Mn | 763.9 USD Mn |
| 2016 | 852 USD Mn | 852 USD Mn |
| 2017 | 945.5 USD Mn | 945.5 USD Mn |
| 2018 | 1043.4 USD Mn | 1043.4 USD Mn |
| 2019 | 1144.4 USD Mn | 1144.4 USD Mn |
| 2020 | 1246.9 USD Mn | 1246.9 USD Mn |
| 2021 | 1349 USD Mn | 1349 USD Mn |
| 2022 | 1448.3 USD Mn | 1448.3 USD Mn |
| 2023 | 1542.2 USD Mn | 1542.2 USD Mn |
| 2024 | 1628 USD Mn | 1628 USD Mn |
| 2025 | 1702.5 USD Mn | 1702.5 USD Mn |
| 2026 | 1762.9 USD Mn | 1762.9 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
South America accounted for the larger market share in 2018 in the South America outbound telemarketing market, and is expected to reach USD 1762.90 Million in 2026 from USD 1043.40 Million in 2018.This market is projected to grow at a CAGR of 6.37% during the forecast period from 2019 - 2026. business to consumer segment accounted for the larger market share in 2018, this market is expected to reach USD 1103.20 Million in 2026 from USD 636.60 Million in 2018. This market is projected to grow at a CAGR of 6.70% 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 6.70% 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 456.10 Million in 2026 from USD 270.50 Million in 2018. This market is projected to grow at a CAGR of 6.34% during the forecast period from 2019 - 2026. However, bfsi segment is the fastest growing market, which is expected to grow at a CAGR of 6.90% 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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