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Publication: Oct 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: FIN44470 
  Pages: 160+  

MEA Fintech Neobanking Market Size and Forecast by Services, End Users, Industry, Transaction Types, Revenue Model, and Region: Statistics | 2019-2032

Report Format: PDF DataSheet |   Pages: 160+  

 Oct 2024  | 

MEA Fintech Neobanking Market Growth and Performance

  • The fintech neobanking market size in MEA increased to US$ 96.10 Billion in 2023, with a year-on-year growth rate of 26.9%.
  • By the end of 2032, the Middle East & Africa fintech neobanking market is on track to achieve US$ 404.72 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 18.0% throughout the forecast period.
  • The deposit accounts segment is estimated to hold the largest market share of 57.7% and be valued at US$ 233.65 Billion in 2032.
  • In 2032, 54.2% of the total spending in the Middle East & Africa fintech neobanking market is forecasted to come from Saudi Arabia.

MEA Fintech Neobanking Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2024

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Services

Deposit Account

Investment and Wealth Managemen

Insurance Service

End Users

Individual Consumer

SME

Medium-sized Enterprise

Large Enterprise

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)

Revenue Model

Freemium Mode

Interest Incom

MEA Neobanking Industry: Country Coverage

 

Countries

MEA

Israe

South Afric

Saudi Arabi

UA

Qata

Kuwai

Oma

Bahrai

Nigeri

Keny

Turke

Rest of ME

         



*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]