MEA Fintech Digital Payment Market Size | 2019-2032

MEA Fintech Digital Payment Market Size and Forecast by Type, End Users, Industry, Payment Method, Transaction Value, Transaction Types, and Region: Statistics | 2019-2032

Report Format:     | Pages: 160+
Type: Parent Industry Monitor | ID: FIN447  | Publication: August 2024  |  US$1,345  |  

MEA Fintech Digital Payment Market Growth and Performance


  • The fintech digital payment market size in MEA increased to US$ 363.73 Billion in 2023, with a year-on-year growth rate of 26.8%.
  • By the end of 2032, the Middle East & Africa fintech digital payment market is on track to achieve US$ 8.75 Trillion, with a forecasted Compound Annual Growth Rate (CAGR) of 44.7% throughout the forecast period.
  • The fintech digital commerce market segment is estimated to hold the largest market share of 80.8% and be valued at US$ 7.07 Trillion in 2032.
  • In 2032, 48.2% of the total spending in the Middle East & Africa fintech digital payment market is forecasted to come from Saudi Arabia.

MEA Fintech Digital Payment Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Type

Fintech Digital Commerce Market

Fintech Mobile POS Payments Market

Fintech Digital Remittances Market

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

Payment Method

Credit Cards

Debit Cards

Bank Transfers

Digital Wallets

Cryptocurrencies

Prepaid Cards

Buy Now, Pay Later (BNPL)

Transaction Value

Micro Payments

Small Payments

Medium Payments

Large Payments

Transaction Types

Business-to-Consumer (B2C)

Business-to-Business (B2B)

Consumer-to-Consumer (C2C)

Consumer-to-Business (C2B)

 

MEA Fintech Digital Payment Industry: Country Coverage

 

Countries

MEA

Israel

South Africa

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain

Nigeria

Kenya

Turkey

Rest of MEA

 

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