Middle East & Africa Crypto Wallet Market Size & Outlook

The crypto wallet market in Middle East & Africa is expected to reach a projected revenue of US$ 4,538.9 million by 2030. A compound annual growth rate of 24.1% is expected of Middle East & Africa crypto wallet market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,003.2
Forecast, 2030 (US$M)
$4,538.9
CAGR, 2024 - 2030
24.1%
Report Coverage
Middle East & Africa

MEA crypto wallet market highlights

  • The MEA crypto wallet market generated a revenue of USD 1,003.2 million in 2023.
  • The market is expected to grow at a CAGR of 24.1% from 2024 to 2030.
  • In terms of segment, trading was the largest revenue generating application in 2023.
  • Remittance is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.

MEA data book summary

Market revenue in 2023USD 1,003.2 million
Market revenue in 2030USD 4,538.9 million
Growth rate24.1% (CAGR from 2023 to 2030)
Largest segmentTrading
Fastest growing segmentRemittance
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPeer-to-Peer Payments, Trading, Remittance
Key market players worldwideCoinbase Global Inc Ordinary Shares - Class A, Exodus Movement Inc Class A, Evolution Blockchain Group Inc, BitGo, Binance.US, BitPay, SatoshiLabs, BlockFi, Zengo, Crypto.com

Other key industry trends

  • In terms of revenue, MEA region accounted for 9.8% of the global crypto wallet market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 11,236.2 million by 2030.

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Crypto Wallet Market Scope

Crypto wallet market segmentation & scope
Enterprise
Personal
Commercial Spaces
Restaurants & Others Hospitality Spaces
Transportation Hubs
Standalone Units Hubs
Others
End User
Individual/Personal
Commercial/Businesses

Crypto Wallet Market Companies

Name Profile # Employees HQ Website

Middle East & Africa crypto wallet market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to crypto wallet market will help companies and investors design strategic landscapes.


Trading was the largest segment with a revenue share of 40.48% in 2023. Horizon Databook has segmented the Middle East & Africa crypto wallet market based on peer-to-peer payments, trading, remittance covering the revenue growth of each sub-segment from 2018 to 2030.


  • Middle East & Africa Crypto Wallet Application Outlook (Revenue, USD Million, 2018-2030)
    • Enterprise
    • Personal
    • Commercial Spaces
    • Restaurants & Others Hospitality Spaces
    • Transportation Hubs
    • Standalone Units Hubs
    • Peer-to-Peer Payments
    • Trading
    • Remittance
    • Others
  • Middle East & Africa Crypto Wallet End User Outlook (Revenue, USD Million, 2018-2030)
    • Individual/Personal
    • Commercial/Businesses
  • Middle East & Africa Crypto Wallet Operating System Outlook (Revenue, USD Million, 2018-2030)
    • iOS
    • Android
    • Others
  • Middle East & Africa Crypto Wallet Wallet Type Outlook (Revenue, USD Million, 2018-2030)
    • Hot Wallet
    • Cold Wallet

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  • Our clientele includes a mix of crypto wallet market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa crypto wallet market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa crypto wallet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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MEA crypto wallet market size, by country, 2018-2030 (US$M)

Middle East & Africa Crypto Wallet Market Outlook Share, 2023 & 2030 (US$M)

MEA crypto wallet market size, by country, 2018-2030 (US$M)

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