Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Europe | Germany | France | United Kingdom | Italy | Rest of Europe |
|---|---|---|---|---|---|---|
| 2017 | 249.19 USD Mn | 61.05 USD Mn | 37.60 USD Mn | 49.96 USD Mn | 29.63 USD Mn | 70.95 USD Mn |
| 2018 | 259.64 USD Mn | 64.64 USD Mn | 39.38 USD Mn | 52.09 USD Mn | 30.67 USD Mn | 72.86 USD Mn |
| 2019 | 271.38 USD Mn | 68.65 USD Mn | 41.37 USD Mn | 54.48 USD Mn | 31.85 USD Mn | 75.03 USD Mn |
| 2020 | 284.59 USD Mn | 73.16 USD Mn | 43.60 USD Mn | 57.17 USD Mn | 33.19 USD Mn | 77.48 USD Mn |
| 2021 | 299.52 USD Mn | 78.24 USD Mn | 46.12 USD Mn | 60.20 USD Mn | 34.70 USD Mn | 80.26 USD Mn |
| 2022 | 316.47 USD Mn | 84.00 USD Mn | 48.97 USD Mn | 63.65 USD Mn | 36.43 USD Mn | 83.42 USD Mn |
| 2023 | 335.82 USD Mn | 90.58 USD Mn | 52.23 USD Mn | 67.58 USD Mn | 38.41 USD Mn | 87.02 USD Mn |
| 2024 | 358.03 USD Mn | 98.13 USD Mn | 55.96 USD Mn | 72.10 USD Mn | 40.68 USD Mn | 91.16 USD Mn |
| 2025 | 383.73 USD Mn | 106.87 USD Mn | 60.28 USD Mn | 77.32 USD Mn | 43.32 USD Mn | 95.93 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Rest of Europe accounted for the largest market share in 2018 in the Europe ultrasonic ndt equipment market market, and is expected to reach USD 95.93 Million in 2025 from USD 72.86 Million in 2018. However, Germany is the fastest growing market, which is expected to grow at a CAGR of 7.66% during the forecast period 2019 - 2025. flaw detectors segment accounted for the largest market share in 2018, this market is expected to reach USD 117.20 Million in 2025 from USD 74.84 Million in 2018. This market is projected to grow at a CAGR of 6.83% during the forecast period from 2019 - 2025. However, inspection systems segment is the fastest growing market, which is expected to grow at a CAGR of 7.79% during the forecast period 2019 - 2025. oil and gas segment accounted for the largest market share in 2018, this market is expected to reach USD 98.47 Million in 2025 from USD 66.59 Million in 2018. This market is projected to grow at a CAGR of 5.95% during the forecast period from 2019 - 2025. However, infrastructure segment is the fastest growing market, which is expected to grow at a CAGR of 7.39% 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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