Middle East & Africa Core Banking Software Market Size & Outlook
Related Markets
MEA core banking software market highlights
- The MEA core banking software market generated a revenue of USD 1,183.3 million in 2024.
- The market is expected to grow at a CAGR of 11.1% from 2025 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2024.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 1,183.3 million |
| Market revenue in 2030 | USD 2,175.3 million |
| Growth rate | 11.1% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
| Key market players worldwide | Capgemini SE, Fidelity National Financial Inc, Fiserv Inc, HCL Technologies, Infosys Ltd ADR, Jack Henry & Associates Inc, Oracle Corp, Temenos AG, Unisys Corp |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.6% of the global core banking software market in 2024.
- 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 5,928.6 million by 2030.
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Core Banking Software Market Scope
Core Banking Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jack Henry & Associates Inc | View profile | 7120 | 663 Highway 60, P.O. Box 807, Monett, MO, United States, 65708 | https://www.jackhenry.com |
| Temenos AG | View profile | 6773 | 2 Rue de L’Ecole-de-Chimie, Geneva, Switzerland, 1205 | https://www.temenos.com |
| Fidelity National Financial Inc | View profile | 20516 | 601 Riverside Avenue, Jacksonville, FL, United States, 32204 | https://www.fnf.com |
| Unisys Corp | View profile | 16500 | 801 Lakeview Drive, Suite 100, Blue Bell, PA, United States, 19422 | https://www.unisys.com |
| Fiserv Inc | View profile | 42000 | 255 Fiserv Drive, Brookfield, WI, United States, 53045 | https://www.fiserv.com |
| Capgemini SE | View profile | 340400 | 11 rue de Tilsitt, Paris, France, 75017 | https://www.capgemini.com |
| Infosys Ltd ADR | View profile | 322663 | 44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, India, 560 100 | https://www.infosys.com |
| HCL Technologies | View profile | 10001+ | Noida, Uttar Pradesh, India, Asia | http://www.hcltech.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Middle East & Africa core banking software 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 core banking software market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 68.77% in 2024. Horizon Databook has segmented the Middle East & Africa core banking software market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Core Banking Software Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Deposits
- Loans
- Enterprise Customer Solutions
- Others
- Service
- Professional Service
- Managed Service
- Solution
- Middle East & Africa Core Banking Software Deployment Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-premise
- Middle East & Africa Core Banking Software End Use Outlook (Revenue, USD Million, 2018-2030)
- Banks
- Financial Institutions
- Others
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Target buyers of Middle East & Africa core banking software market databook
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Our clientele includes a mix of core banking software 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 core banking software market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa core banking software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA core banking software market size, by country, 2018-2030 (US$M)
Middle East & Africa Core Banking Software Market Outlook Share, 2024 & 2030 (US$M)
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