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Nigeria Fintech Market Size | 2019-2032

Nigeria Fintech Market Size and Forecast by Type, End Users, Industry, and Transaction Types: 2019-2032

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: FIN44279  | Publication: Sep 2024  |  US$545  |  

Nigeria Fintech Market Growth and Performance

  • By 2032, revenue in the Nigeria fintech market is expected to reach US$ 276.03 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 25.6% from 2024 to 2032.
  • By type, the preeminent segment is expected to be fintech digital payment market, with a market valuation of US$ 219.69 Billion in 2032.
  • Among various end users in Nigeria, IT and Telecom sector was valued at US$ 7.09 Billion in 2023.
  • Further, it's projected that 21.6% of the total revenue in the Nigeria fintech market will be attributed to IT and Telecom end user by 2032.

Nigeria Fintech 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 Payment Market

Fintech Digital Asset Market

Fintech Digital Investment Market

Fintech Digital Capital Raising Market

Fintech Neobanking 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

Transaction Types

Business-to-Consumer (B2C)

Business-to-Business (B2B)

Consumer-to-Consumer (C2C)

Consumer-to-Business (C2B)
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