MEA Fintech Digital Commerce Market Size | 2019-2032

MEA 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: FIN44162  | Publication: August 2024  |  US$925  |  

MEA Fintech Digital Commerce Market Growth and Performance


  • The fintech digital commerce market size in MEA increased to US$ 241.57 Billion in 2023, with a year-on-year growth rate of 26.7%.
  • By the end of 2032, the Middle East & Africa fintech digital commerce market is on track to achieve US$ 7.07 Trillion, with a forecasted Compound Annual Growth Rate (CAGR) of 48.0% 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$ 5.78 Trillion in 2032.
  • In 2032, 49.0% of the total spending in the Middle East & Africa fintech digital commerce market is forecasted to come from Saudi Arabia.

MEA 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

 

 

User Type

Retail Investors

 

 

Institutional Investors

 

 

Businesses and Merchants

 

 

Developers and Technology Firms

 

 

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

Payments and Remittances

 

 

Investment

 

 

DeFi (Decentralized Finance)

 

 

Gaming and NFTs

 

 

Smart Contracts and DApps

 

 

 

MEA Fintech Digital Commerce Industry: Regional Coverage

 

Countries

MEA

Israel

South Africa

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain

Nigeria

Kenya

Turkey

Rest of MEA

 

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