Middle East & Africa Generative Ai In Fintech Market Size & Outlook
The generative ai in fintech market in Middle East & Africa is expected to reach a projected revenue of US$ 513.9 million by 2030. A compound annual growth rate of 27% is expected of Middle East & Africa generative ai in fintech market from 2024 to 2030.
Revenue, 2023 (US$M)
$96.3
Forecast, 2030 (US$M)
$513.9
CAGR, 2024 - 2030
27%
Report Coverage
Middle East & Africa
Middle East & Africa generative ai in fintech market, 2017-2030 (US$M)
Related Markets
MEA generative ai in fintech market highlights
- The MEA generative ai in fintech market generated a revenue of USD 96.3 million in 2023.
- The market is expected to grow at a CAGR of 27% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Software is the most lucrative component 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 96.3 million |
| Market revenue in 2030 | USD 513.9 million |
| Growth rate | 27% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Service, Software |
| Key market players worldwide | Microsoft Corp, Alphabet Inc Class A, International Business Machines Corp, Adobe Inc, Salesforce Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.4% of the global generative ai in fintech 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 3,908.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Generative AI In Fintech Market Scope
Generative ai in fintech market segmentation & scope
Others
Generative AI In Fintech Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
MEA generative ai in fintech market size, by country, 2017-2030 (US$M)
Middle East & Africa Generative AI In Fintech Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
