Middle East & Africa Cryptocurrency Market Size & Outlook

The cryptocurrency market in Middle East & Africa is expected to reach a projected revenue of US$ 730.9 million by 2030. A compound annual growth rate of 11.6% is expected of Middle East & Africa cryptocurrency market from 2025 to 2030.
Revenue, 2024 (US$M)
$377.5
Forecast, 2030 (US$M)
$730.9
CAGR, 2025 - 2030
11.6%
Report Coverage
Middle East & Africa

Middle East & Africa cryptocurrency market, 2018-2030 (US$M)

Middle
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MEA cryptocurrency market highlights

  • The MEA cryptocurrency market generated a revenue of USD 377.5 million in 2024.
  • The market is expected to grow at a CAGR of 11.6% from 2025 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2024.
  • Hardware is the most lucrative component segment registering the fastest growth during the forecast period.


MEA data book summary

Market revenue in 2024USD 377.5 million
Market revenue in 2030USD 730.9 million
Growth rate11.6% (CAGR from 2024 to 2030)
Largest segmentHardware
Fastest growing segmentHardware
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware


Other key industry trends

  • In terms of revenue, MEA region accounted for 6.6% of the global cryptocurrency market in 2024.
  • Globally, Asia Pacific 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 3,784.5 million by 2030.

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Cryptocurrency Market Scope

Cryptocurrency market segmentation & scope
Central Processing Unit
Graphics Processing Unit
Application-Specific Integrated Circuit
Field Programmable Gate Array
Software
Mining Software
Exchange Software
Wallet
Payment
Others
Process
Mining
Transaction
Type
Bitcoin
Bitcoin Cash
Ethereum
Litecoin
Ripple
Others
End Use
Banking
Gaming
Government
Healthcare
Retail & E-commerce
Trading
Others
Countries
Canada
Mexico
U.S.
Germany
UK
China
Japan
South Korea
Brazil

Cryptocurrency Market Companies

Name Profile # Employees HQ Website

Middle East & Africa cryptocurrency 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 cryptocurrency market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Middle East & Africa cryptocurrency market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa cryptocurrency market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cryptocurrency market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Middle East & Africa cryptocurrency market

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