Middle East & Africa Blockchain Technology Market Size & Outlook
Global Market
Related Markets
MEA blockchain technology market highlights
- The MEA blockchain technology market generated a revenue of USD 2,759.1 million in 2024.
- The market is expected to grow at a CAGR of 91.3% from 2025 to 2030.
- In terms of segment, public cloud was the largest revenue generating type in 2024.
- Public Cloud is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 2,759.1 million |
| Market revenue in 2030 | USD 131,415.0 million |
| Growth rate | 91.3% (CAGR from 2025 to 2030) |
| Largest segment | Public cloud |
| Fastest growing segment | Public Cloud |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Public Cloud, Private Cloud, Hybrid Cloud |
| Key market players worldwide | International Business Machines Corp, Microsoft Corp, The Linux Foundation, Deloitte, Global Arena Holding Inc, Ripple India |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.8% of the global blockchain technology market in 2024.
- 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 296,614.2 million by 2030.
Cryptocurrency is being used in the UAE for making payments in real estate. For instance, in January 2020, Huobi, a provider of digital asset exchange, announced its partnership with Dubai-based Fam Properties to offer its investors secured crypto payment options. Oil & gas companies are implementing blockchain technologies in their systems for enhancing their services.
For instance, in October 2018, The Abu Dhabi National Oil Company announced its collaboration with IBM for piloting a blockchain-based automated system to monitor oil & gas production across the value chain.
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Blockchain Technology Market Scope
Blockchain Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| Deloitte | View profile | 10001+ | London, England, United Kingdom, Europe | www2.deloitte.com |
| Ripple India | View profile | 11-50 | Hyderabad, Andhra Pradesh, India, Asia | www.rippleindia.in |
| The Linux Foundation | View profile | 51-100 | San Francisco, California, United States, North America | www.linux.com/ |
| Global Arena Holding Inc | View profile | 4 | 208 East 51 Street, Suite 112, New York, NY, United States, 10022 | www.globalarenaholding.com |
Middle East & Africa Blockchain Technology 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 Blockchain Technology Market Outlook will help companies and investors design strategic landscapes.
Public Cloud was the largest segment with a revenue share of 113.92% in 2024.
Horizon Databook has segmented the Middle East & Africa blockchain technology market based on public cloud, private cloud, hybrid cloud covering the revenue growth of each sub-segment from 2018 to 2030.
Cryptocurrency is being used in the UAE for making payments in real estate. For instance, in January 2020, Huobi, a provider of digital asset exchange, announced its partnership with Dubai-based Fam Properties to offer its investors secured crypto payment options. Oil & gas companies are implementing blockchain technologies in their systems for enhancing their services.
For instance, in October 2018, The Abu Dhabi National Oil Company announced its collaboration with IBM for piloting a blockchain-based automated system to monitor oil & gas production across the value chain.
- Middle East & Africa Blockchain Technology Market Type Outlook (Revenue, USD Million , 2018-2030)
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Middle East & Africa Blockchain Technology Market Component Outlook (Revenue, USD Million , 2018-2030)
- Application & Solution
- Infrastructure & Protocols
- Middleware
- Middle East & Africa Blockchain Technology Market Application Outlook (Revenue, USD Million , 2018-2030)
- Digital Identity
- Exchanges
- Payments
- Smart Contracts
- Supply Chain Management
- Others
- Middle East & Africa Blockchain Technology Market Enterprise Size Outlook (Revenue, USD Million , 2018-2030)
- Large Enterprises
- Small & Medium Enterprises
- Middle East & Africa Blockchain Technology Market End-use Outlook (Revenue, USD Million , 2018-2030)
- Financial Services
- Government
- Healthcare
- Media & Entertainment
- Retail
- Transportation & Logistics
- Travel
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Blockchain Technology Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Blockchain Technology Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Blockchain Technology Market, 2018-2030 (US$M)
MEA blockchain technology market statistics, by type, 2018-2030 (US$M)
