Middle East & Africa M-Commerce Payment Market Size & Outlook
The m-commerce payment market in Middle East & Africa is expected to reach a projected revenue of US$ 2,558.1 million by 2030. A compound annual growth rate of 21.1% is expected of Middle East & Africa m-commerce payment market from 2025 to 2030.
Revenue, 2024 (US$M)
$810.1
Forecast, 2030 (US$M)
$2,558.1
CAGR, 2025 - 2030
21.1%
Report Coverage
Middle East & Africa
Middle East Africa M-Commerce Payment Market, 2018-2030 (US$M)
MEA m-commerce payment market highlights
- The MEA m-commerce payment market generated a revenue of USD 810.1 million in 2024.
- The market is expected to grow at a CAGR of 21.1% from 2025 to 2030.
- In terms of segment, mobile web payments was the largest revenue generating payment method in 2024.
- Mobile Web Payments is the most lucrative payment method segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 810.1 million |
| Market revenue in 2030 | USD 2,558.1 million |
| Growth rate | 21.1% (CAGR from 2025 to 2030) |
| Largest segment | Mobile web payments |
| Fastest growing segment | Mobile Web Payments |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mobile Web Payments |
| Key market players worldwide | Amazon.com Inc, Apple Inc, Alphabet Inc Class A, ACI Worldwide Inc, Fiserv Inc, Mastercard Inc Class A, PayPal Holdings Inc, Visa, Square |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.8% of the global m-commerce payment 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 17,257.4 million by 2030.
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Publish Date: Nov 14, 2024
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M-Commerce Payment Market Scope
M-commerce Payment Market segmentation & scope
Transaction Type
M-retailing
M-ticketing/booking
M-billing
Others
M-Commerce Payment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon.com Inc | View profile | 1,525,000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | www.amazon.com |
| Apple Inc | View profile | 161,000 | One Apple Park Way, Cupertino, CA, United States, 95014 | www.apple.com |
| Alphabet Inc Class A | View profile | 180,895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | www.abc.xyz |
| PayPal Holdings Inc | View profile | 27,200 | 2211 North First Street, San Jose, CA, United States, 95131 | www.paypal.com |
| Fiserv Inc | View profile | 42,000 | 255 Fiserv Drive, Brookfield, WI, United States, 53045 | www.fiserv.com |
| Mastercard Inc Class A | View profile | 33,400 | 2000 Purchase Street, Purchase, NY, United States, 10577 | www.mastercard.com |
| ACI Worldwide Inc | View profile | 3,212 | 6060 Coventry Drive, Elkhorn, NE, United States, 68022 | www.aciworldwide.com |
| Visa | View profile | 5001-10000 | Foster City, California, United States, North America | www.visa.com |
| Square | View profile | 1001-5000 | Oakland, California, United States, North America | squareup.com |
Middle East & Africa M-commerce Payment 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 M-commerce Payment Market Outlook will help companies and investors design strategic landscapes.
Mobile Web Payments was the largest segment with a revenue share of 100.0% in 2024.
Horizon Databook has segmented the Middle East & Africa m-commerce payment market based on mobile web payments covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa M-Commerce Payment Market Payment Method Outlook (Revenue, USD Million , 2018-2030)
- Mobile Web Payments
- Near-field Communication
- SMS/Direct Carrier Billing
- Others
- Middle East & Africa M-Commerce Payment Market Transaction Type Outlook (Revenue, USD Million , 2018-2030)
- M-retailing
- M-ticketing/booking
- M-billing
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa M-commerce Payment Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa M-commerce Payment Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.