Middle East & Africa Enterprise Data Management Market Size & Outlook
Middle East & Africa enterprise data management market, 2018-2030 (US$M)
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MEA enterprise data management market highlights
- The MEA enterprise data management market generated a revenue of USD 5,800.5 million in 2023.
- The market is expected to grow at a CAGR of 14.6% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 5,800.5 million |
| Market revenue in 2030 | USD 15,069.6 million |
| Growth rate | 14.6% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Service |
| Key market players worldwide | International Business Machines Corp, Oracle Corp, SAP SE, Cloudera, Amazon.com Inc, Teradata Corp, Broadcom Inc, Informatica Inc, Micro Focus |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.8% of the global enterprise data management market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 15,069.6 million by 2030.
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Enterprise Data Management Market Scope
Enterprise Data Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa enterprise data management 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 enterprise data management market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 73.8% in 2023. Horizon Databook has segmented the Middle East & Africa enterprise data management market based on software, service covering the revenue growth of each sub-segment from 2018 to 2030.
The evolution of digital businesses and the increasing investment in information & communication technology in Dubai are expected to lead the growth opportunities for the enterprise data management market in the Middle East.
Initiatives undertaken by governments and corporations to promote advanced technologies, such as machine learning, business analytics, and AI, coupled with continuous adoption of cloud-based technologies, anticipated to fuel the demand for implementing enterprise data management across business processes in Middle East countries.
Infrastructure developments in the Middle East are likely to produce a large volume of data, particularly across the BFSI, retail & consumer goods, healthcare, and utility sector, which will increase the demand for enterprise data management solutions over the forecast period.
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Our clientele includes a mix of enterprise data management market companies, investment firms, advisory firms & academic institutions.
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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 enterprise data management market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa enterprise data management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa enterprise data management market
Middle East & Africa Enterprise Data Management Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa enterprise data management market
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