GCC Fintech DeFi Market Size | 2019-2032

GCC Fintech DeFi Market Size and Forecast by Service Type, End Users, Industry, Transaction Types, Application, and Country: Statistics | 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: FIN44525  | Publication: Nov 2024  |  US$1,345  |  

GCC Fintech DeFi Market Growth and Performance


  • The fintech DeFi market size in GCC increased to US$ 378.6 Million in 2023, with a year-on-year growth rate of 22.1%.
  • By the end of 2032, the GCC fintech DeFi market is on track to achieve US$ 2.47 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 24.3% throughout the forecast period.
  • The lending and borrowing segment is estimated to hold the largest market share of 53.5% and be valued at US$ 1.32 Billion in 2032.
  • In 2032, 72.4% of the total spending in the GCC fintech DeFi market is forecasted to come from Saudi Arabia.

GCC Fintech DeFi Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Service Type

Lending and Borrowing

Decentralized Exchanges (DEXs)

Derivatives

Insurance

End Users

Individual Consumers

SMEs

Medium-sized Enterprises

Large Enterprises

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Transaction Types

Business-to-Consumer (B2C)

Business-to-Business (B2B)

Consumer-to-Consumer (C2C)

Consumer-to-Business (C2B)

Application

Personal Finance

Business Finance

 

 

GCC Fintech Defi Industry: Country Coverage

 

Countries

GCC

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain

 

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