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 11.9% 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
11.9%
Report Coverage
Middle East & Africa

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

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

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 11.9% from 2025 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2024.
  • Software 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 rate11.9% (CAGR from 2025 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software
Key market players worldwideAdvanced Micro Devices Inc, Binance.US, Bitfury Group, BitGo, Bitmain, Intel Corp, NVIDIA Corp, Ripple India, Xapo, Xilinx

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
Application-Specific Integrated Circuit
Central Processing Unit
Graphics Processing Unit
Field Programmable Gate Array
Exchange Software
Mining Software
Payment
Others
Wallet
Mining
Transaction

Cryptocurrency Market Companies

Name Profile # Employees HQ Website

Middle East & Africa Cryptocurrency Market Outlook Share, 2024 & 2030 (US$M)

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