Middle East & Africa Cryptocurrency Payment Apps Market Size & Outlook

The cryptocurrency payment apps market in Middle East & Africa is expected to reach a projected revenue of US$ 124.0 million by 2030. A compound annual growth rate of 17% is expected of Middle East & Africa cryptocurrency payment apps market from 2024 to 2030.
Revenue, 2023 (US$M)
$41.3
Forecast, 2030 (US$M)
$124.0
CAGR, 2024 - 2030
17%
Report Coverage
Middle East & Africa

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

Middle

MEA cryptocurrency payment apps market highlights

  • The MEA cryptocurrency payment apps market generated a revenue of USD 41.3 million in 2023.
  • The market is expected to grow at a CAGR of 17% from 2024 to 2030.
  • In terms of segment, bitcoin was the largest revenue generating coin in 2023.
  • Bitcoin is the most lucrative coin segment registering the fastest growth during the forecast period.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.


MEA data book summary

Market revenue in 2023USD 41.3 million
Market revenue in 2030USD 124.0 million
Growth rate17% (CAGR from 2023 to 2030)
Largest segmentBitcoin
Fastest growing segmentBitcoin
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBitcoin, Ethereum, Litecoin, DAI, Ripple
Key market players worldwideCoinbase Global Inc Ordinary Shares - Class A, Circle, BitPay, Coinomi, Paytomat, Apirone, SecuX, Binance.US


Other key industry trends

  • In terms of revenue, MEA region accounted for 7.6% of the global cryptocurrency payment apps 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 325.7 million by 2030.

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Cryptocurrency Payment Apps Market Companies

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


Bitcoin was the largest segment with a revenue share of 39.71% in 2023. Horizon Databook has segmented the Middle East & Africa cryptocurrency payment apps market based on bitcoin, ethereum, litecoin, dai, ripple covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Middle East & Africa cryptocurrency payment apps market databook

  • Our clientele includes a mix of cryptocurrency payment apps 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa cryptocurrency payment apps market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cryptocurrency payment apps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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MEA cryptocurrency payment apps market size, by country, 2018-2030 (US$M)

Middle East & Africa Cryptocurrency Payment Apps Market Outlook Share, 2023 & 2030 (US$M)

MEA cryptocurrency payment apps market size, by country, 2018-2030 (US$M)

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