South Africa Generative Ai In Fintech Market Size & Outlook
The generative ai in fintech market in South Africa is expected to reach a projected revenue of US$ 90.2 million by 2030. A compound annual growth rate of 27.5% is expected of South Africa generative ai in fintech market from 2024 to 2030.
Revenue, 2023 (US$M)
$16.5
Forecast, 2030 (US$M)
$90.2
CAGR, 2024 - 2030
27.5%
Report Coverage
South Africa
South Africa generative ai in fintech market, 2017-2030 (US$M)
Related Markets
South Africa generative ai in fintech market highlights
- The South Africa generative ai in fintech market generated a revenue of USD 16.5 million in 2023 and is expected to reach USD 90.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 27.5% 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.
Generative ai in fintech market data book summary
| Market revenue in 2023 | USD 16.5 million |
| Market revenue in 2030 | USD 90.2 million |
| Growth rate | 27.5% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Africa accounted for 1.4% of the global generative ai in fintech market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia generative ai in fintech market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 169.0 million by 2030.
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Generative AI In Fintech Market Scope
Generative ai in fintech market segmentation & scope
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Generative AI In Fintech Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa generative ai in fintech market size, by component, 2017-2030 (US$M)
South Africa Generative AI In Fintech Market Outlook Share, 2023 & 2030 (US$M)
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