GCC Fintech Digital Commerce Market Size | 2019-2032

GCC Fintech Digital Commerce Market Size and Forecast by Service Type, End Users, Industry, Transaction Types, and Region: Statistics | 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: FIN44166  | Publication: August 2024  |  US$745  |  

GCC Fintech Digital Commerce Market Growth and Performance


  • The fintech digital commerce market size in GCC increased to US$ 65.06 Billion in 2023, with a year-on-year growth rate of 27.4%.
  • By the end of 2032, the GCC fintech digital commerce market is on track to achieve US$ 5.87 Trillion, with a forecasted Compound Annual Growth Rate (CAGR) of 67.9% throughout the forecast period.
  • The digital wallets and mobile payments segment is estimated to hold the largest market share of 81.8% and be valued at US$ 4.80 Trillion in 2032.
  • In 2032, 58.6% of the total spending in the GCC fintech digital commerce market is forecasted to come from Saudi Arabia.

GCC Fintech Digital Commerce Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Service Type

Digital Wallets and Mobile Payments

Cryptocurrency Payment Processing

Lending Services

Subscription Billing Services

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)

 

GCC Fintech Digital Commerce Industry: Regional Coverage

 

Countries

GCC

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain

 

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