Middle East & Africa Custom Software Development Market Size & Outlook
Middle East & Africa custom software development market, 2018-2030 (US$M)
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MEA custom software development market highlights
- The MEA custom software development market generated a revenue of USD 2,585.4 million in 2023.
- The market is expected to grow at a CAGR of 21.5% from 2024 to 2030.
- In terms of segment, enterprise software was the largest revenue generating solution in 2023.
- Enterprise Software is the most lucrative solution segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 2,585.4 million |
| Market revenue in 2030 | USD 10,084.5 million |
| Growth rate | 21.5% (CAGR from 2023 to 2030) |
| Largest segment | Enterprise software |
| Fastest growing segment | Enterprise Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Web-based Solutions, Mobile App, Enterprise Software |
| Key market players worldwide | Accenture PLC Class A, Capgemini SE, Cognizant Technology Solutions Corp Class A, HCL Technologies, Infosys Ltd ADR, Microsoft Corp, Thoughtworks Holding Inc, TietoEVRY Corp ADR, Tata Consultancy Services, Brainvire, Iflexion, Infopulse, Magora, Trigent, TRooTech Business Solutions |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.3% of the global custom software development market in 2023.
- 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 42,248.4 million by 2030.
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Custom Software Development Market Scope
Custom Software Development Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa custom software development 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 custom software development market will help companies and investors design strategic landscapes.
Enterprise software was the largest segment with a revenue share of 60.59% in 2023. Horizon Databook has segmented the Middle East & Africa custom software development market based on web-based solutions, mobile app, enterprise software covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of Mexico's custom software development market can be attributed to increasing partnerships aimed at improving the IT sector in the region.
For instance, in December 2023, in a move to bolster digital transformation efforts across the Middle East and Africa (MEA) region, Mindware, a distributor of IT products, and Xebia, a global IT consultancy and software development company, formed a strategic partnership.
This collaboration would leverage Mindware's extensive distribution network with Xebia's expertise in cloud services, AI, and managed services.
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Our clientele includes a mix of custom software development market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa custom software development market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa custom software development market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA custom software development market size, by country, 2018-2030 (US$M)
Middle East & Africa Custom Software Development Market Outlook Share, 2023 & 2030 (US$M)
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