Middle East & Africa Digital Payment Market to 2032
Overview
The Middle East & Africa Digital Payment Market is expected to reach a 98,123.43 USD Billion by 2032 and is projected to grow at a CAGR of 34.06% from 2025 to 2032.
Revenue, 2024 (USD Billion)
26,979.27
Forecast, 2032 (USD Billion)
98,123.43
CAGR, 2024 - 2032
34.06%
Report Coverage
Middle East & Africa
Middle East & Africa Digital Payment Market 2018-2032 USD Billion
Middle East & Africa Digital Payment Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 26,979.27 USD Billion
- Projected Market Size (2032): 98,123.43 USD Billion
- CAGR (2025-2032): 34.06%
Key Findings of Middle East & Africa Digital Payment Market
- The Middle East & Africa Digital Payment Market was valued at 26,979.27 USD Billion in 2024.
- The Middle East & Africa Digital Payment Market is likely to grow at a CAGR of 34.06% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Solutions in By Offering Segment accounted for the largest share of the market with a revenue of 23,703.76 USD Billion
- The fastest growing segment Cloud in By Deployment Model Segment grew Fastest with a CAGR of 36.63% during the forecast period from 2024 to 2032.
Middle East & Africa Digital Payment Market Scope
Middle East & Africa Digital Payment Market Segmentation & Scope
By Mode of Usage
- Desktop/Web Browser
- Mobile Application
By Mode of Payment
- Online Payment
- Mobile Payment
- Unified Payments Interface (UPI) Service
- Point of Sale
- Payment Cards
By Technology
- Biometric Authentication
- AI and IoT
- Digital Ledger Technology (DLT)
- Data Analytics and ML
- Application Programming Interface (API)
By End User
- Consumer
- Commercial
By Use Case
- Government
- Merchant/ Business
- Person (P/C)
By Offering
- Services
- Solutions
By Organization Size
- Small & Medium Enterprises (SMEs)
- Large Enterprises
By Deployment Model
- Cloud
- On Premise
Middle East & Africa Digital Payment Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2018 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 26,979.27 USD Billion |
| Market Value in 2032 | 98,123.43 USD Billion |
| CAGR (2025-2032) | 34.06% |
| Historic Data | 2016-2023 |
| Market Segments Covered | By Mode of Usage,By Mode of Payment,By Technology,By End User,By Use Case,By Offering,By Organization Size,By Deployment Model |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 26,979.27 USD Billion in 2024
- Key Country: Israel, leading in terms of revenue with value of 7,596.46 USD Billion in 2024.
Segments and Scope
-
Middle East & Africa Digital Payment Market to 2032, By By Mode of Usage
- Mobile Application is the largest segment in Middle East & Africa Digital Payment Market to 2032 with a revenue of 21,311.14 USD Billion in the year 2024.
- Mobile Application is the Fastest growing segment in Middle East & Africa Digital Payment Market to 2032 with a Growth rate of 34.85 % in forecast period 2025-2032.
-
Middle East & Africa Digital Payment Market to 2032, By By Mode of Payment
- Payment Cards is the largest segment in Middle East & Africa Digital Payment Market to 2032 with a revenue of 9,099.50 USD Billion in the year 2024.
- Point of Sale is the Fastest growing segment in Middle East & Africa Digital Payment Market to 2032 with a Growth rate of 34.36 % in forecast period 2025-2032.
-
Middle East & Africa Digital Payment Market to 2032, By By Technology
- Application Programming Interface (API) is the largest segment in Middle East & Africa Digital Payment Market to 2032 with a revenue of 8,142.30 USD Billion in the year 2024.
- Application Programming Interface (API) is the Fastest growing segment in Middle East & Africa Digital Payment Market to 2032 with a Growth rate of 36.35 % in forecast period 2025-2032.
-
Middle East & Africa Digital Payment Market to 2032, By By End User
- Commercial is the largest segment in Middle East & Africa Digital Payment Market to 2032 with a revenue of 19,382.53 USD Billion in the year 2024.
- Commercial is the Fastest growing segment in Middle East & Africa Digital Payment Market to 2032 with a Growth rate of 35.23 % in forecast period 2025-2032.
-
Middle East & Africa Digital Payment Market to 2032, By By Use Case
- Person (P/C) is the largest segment in Middle East & Africa Digital Payment Market to 2032 with a revenue of 14,153.00 USD Billion in the year 2024.
- Person (P/C) is the Fastest growing segment in Middle East & Africa Digital Payment Market to 2032 with a Growth rate of 36.01 % in forecast period 2025-2032.
-
Middle East & Africa Digital Payment Market to 2032, By By Offering
- Solutions is the largest segment in Middle East & Africa Digital Payment Market to 2032 with a revenue of 23,703.76 USD Billion in the year 2024.
- Solutions is the Fastest growing segment in Middle East & Africa Digital Payment Market to 2032 with a Growth rate of 34.78 % in forecast period 2025-2032.
-
Middle East & Africa Digital Payment Market to 2032, By By Organization Size
- Large Enterprises is the largest segment in Middle East & Africa Digital Payment Market to 2032 with a revenue of 20,032.12 USD Billion in the year 2024.
- Small & Medium Enterprises (SMEs) is the Fastest growing segment in Middle East & Africa Digital Payment Market to 2032 with a Growth rate of 33.44 % in forecast period 2025-2032.
-
Middle East & Africa Digital Payment Market to 2032, By By Deployment Model
- On Premise is the largest segment in Middle East & Africa Digital Payment Market to 2032 with a revenue of 20,747.85 USD Billion in the year 2024.
- Cloud is the Fastest growing segment in Middle East & Africa Digital Payment Market to 2032 with a Growth rate of 33.30 % in forecast period 2025-2032.
Middle East & Africa Digital Payment Market Company Share Analysis
Middle East & Africa Digital Payment Market Geographical Sales Distribution, 2018-2032 USD Billion
Middle East & Africa Digital Payment Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Digital Payment Market is segmented based on Segmentation By Mode of Usage,By Mode of Payment,By Technology,By End User,By Use Case,By Offering,By Organization Size,By Deployment Model.
Middle East & Africa Digital Payment Market was valued at USD 26,979.27(Revenue in USD Billion) in 2018.
Middle East & Africa Digital Payment Market is projected to grow at a CAGR of 34.06% during the forecast period of 2024 to 2032.
The Solutions segment is expected to dominate the Middle East & Africa Digital Payment Market, holding a largest market share of 23,703.76 USD Billion in 2024
Middle East & Africa Digital Payment Market Scope
Middle East & Africa Digital Payment Market Segmentation & Scope
By Mode of Usage
- Desktop/Web Browser
- Mobile Application
By Mode of Payment
- Online Payment
- Mobile Payment
- Unified Payments Interface (UPI) Service
- Point of Sale
- Payment Cards
By Technology
- Biometric Authentication
- AI and IoT
- Digital Ledger Technology (DLT)
- Data Analytics and ML
- Application Programming Interface (API)
By End User
- Consumer
- Commercial
By Use Case
- Government
- Merchant/ Business
- Person (P/C)
By Offering
- Services
- Solutions
By Organization Size
- Small & Medium Enterprises (SMEs)
- Large Enterprises
By Deployment Model
- Cloud
- On Premise
Frequently Asked Questions
The Middle East & Africa Digital Payment Market is segmented based on Segmentation By Mode of Usage,By Mode of Payment,By Technology,By End User,By Use Case,By Offering,By Organization Size,By Deployment Model.
Middle East & Africa Digital Payment Market was valued at USD 26,979.27(Revenue in USD Billion) in 2018.
Middle East & Africa Digital Payment Market is projected to grow at a CAGR of 34.06% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Digital Payment Market for final year is USD 98,123.43 (USD Billion).
Middle East & Africa Digital Payment Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Digital Payment Market is segmented based on Segmentation By Mode of Usage,By Mode of Payment,By Technology,By End User,By Use Case,By Offering,By Organization Size,By Deployment Model.
Middle East & Africa Digital Payment Market was valued at USD 26,979.27(Revenue in USD Billion) in 2018.
Middle East & Africa Digital Payment Market is projected to grow at a CAGR of 34.06% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Digital Payment Market for final year is USD 98,123.43 (USD Billion).
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