South Africa Fintech Digital Commerce Market Size | 2019-2032

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

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: FIN44198  | Publication: August 2024  |  US$545  |  

South Africa Fintech Digital Commerce Market Growth and Performance


  • The South Africa fintech digital commerce market is poised to achieve US$ 516.88 Billion in revenue by 2032, driven by an anticipated Compound Annual Growth Rate (CAGR) of 50.0% from 2024 to 2032.
  • Industry analysts predict that in South Africa, the primary segment by service type, is set to be digital wallets and mobile payments, boasting a market value of US$ 415.25 Billion by 2032.
  • When considering end users, it's projected that 20.8% of the total market size in the fintech digital commerce market in South Africa will be attributed to BFSI end user by 2032.
  • Industry specialists anticipate that throughout the forecast period, the Healthcare sector will undergo the most rapid expansion in terms of revenue generation, with a 53.9% Compound Annual Growth Rate (CAGR).

South Africa 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)

 

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