Middle East & Africa Payment Processing Solutions Market Size & Outlook
Middle East & Africa payment processing solutions market, 2017-2030 (US$M)
Related Markets
MEA payment processing solutions market highlights
- The MEA payment processing solutions market generated a revenue of USD 5,682.0 million in 2023.
- The market is expected to grow at a CAGR of 15.5% from 2024 to 2030.
- In terms of segment, credit card was the largest revenue generating payment method in 2023.
- E-Wallet is the most lucrative payment method segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 5,682.0 million |
| Market revenue in 2030 | USD 15,614.3 million |
| Growth rate | 15.5% (CAGR from 2023 to 2030) |
| Largest segment | Credit card |
| Fastest growing segment | E-Wallet |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Credit Card, Debit Card, E-Wallet |
| Key market players worldwide | Adyen NV, Alibaba Group Holding Ltd ADR, Amazon.com Inc, PayPal Holdings Inc, Prosus NV ADR, Apple Inc, Alphabet Inc Class A |
Other key industry trends
- In terms of revenue, MEA region accounted for 10.5% of the global payment processing solutions 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 31,676.6 million by 2030.
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Payment Processing Solutions Market Scope
Payment Processing Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa payment processing solutions 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 payment processing solutions market will help companies and investors design strategic landscapes.
Credit card was the largest segment with a revenue share of 44.33% in 2023. Horizon Databook has segmented the Middle East & Africa payment processing solutions market based on credit card, debit card, e-wallet covering the revenue growth of each sub-segment from 2017 to 2030.
- Middle East & Africa Payment Processing Solutions Payment Method Outlook (Revenue, USD Million, 2017-2030)
- Credit Card
- Debit Card
- E-Wallet
- Middle East & Africa Payment Processing Solutions End Use Outlook (Revenue, USD Million, 2017-2030)
- Hospitality
- Retail
- Utilities & Telecommunication
- Others
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Target buyers of Middle East & Africa payment processing solutions market databook
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Our clientele includes a mix of payment processing solutions 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 payment processing solutions market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa payment processing solutions market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa payment processing solutions market
Middle East & Africa Payment Processing Solutions Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa payment processing solutions market
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