Middle East & Africa Cryptocurrency Market Size & Outlook
The cryptocurrency market in Middle East & Africa is expected to reach a projected revenue of US$ 730.9 million by 2030. A compound annual growth rate of 11.9% is expected of Middle East & Africa cryptocurrency market from 2025 to 2030.
Revenue, 2024 (US$M)
$377.5
Forecast, 2030 (US$M)
$730.9
CAGR, 2025 - 2030
11.9%
Report Coverage
Middle East & Africa
Related Markets
MEA cryptocurrency market highlights
- The MEA cryptocurrency market generated a revenue of USD 377.5 million in 2024.
- The market is expected to grow at a CAGR of 11.9% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 377.5 million |
| Market revenue in 2030 | USD 730.9 million |
| Growth rate | 11.9% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Advanced Micro Devices Inc, Binance.US, Bitfury Group, BitGo, Bitmain, Intel Corp, NVIDIA Corp, Ripple India, Xapo, Xilinx |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.6% of the global cryptocurrency 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 3,784.5 million by 2030.
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Cryptocurrency Market Scope
Cryptocurrency market segmentation & scope
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Cryptocurrency Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Xapo | View profile | 11-50 | Palo Alto, California, United States, North America | http://xapo.com |
| Xilinx | View profile | 1001-5000 | San Jose, California, United States, North America | http://www.xilinx.com |
| BitGo | View profile | 101-250 | Palo Alto, California, United States, North America | http://www.bitgo.com |
| Binance.US | View profile | 251-500 | Palo Alto, California, United States, North America | https://www.binance.us |
| Bitfury Group | View profile | 501-1000 | Amsterdam, Noord-Holland, The Netherlands, Europe | http://www.bitfury.com |
| Bitmain | View profile | 501-1000 | Beijing, Beijing, China, Asia | https://www.bitmain.com |
| Advanced Micro Devices Inc | View profile | 26000 | 2485 Augustine Drive, Santa Clara, CA, United States, 95054 | https://www.amd.com |
| Ripple India | View profile | 11-50 | Hyderabad, Andhra Pradesh, India, Asia | https://www.rippleindia.in |
| NVIDIA Corp | View profile | 29600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | https://www.nvidia.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
Middle East & Africa Cryptocurrency Market Outlook Share, 2024 & 2030 (US$M)
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