Middle East and Africa Digital Payment Market
Historic Data:    |   Base Year: 2023   |   Forecast Period: 2024-2031
Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solution (Payment Gateways, Payment Processing, Payment Security and Fraud Management, Point of Sale, and Payment Wallet) and Services (Professional Services and Managed Services)), Deployment (Cloud-Based and On-Premises), Organization Size (Large Enterprises and SMEs), and Industry (BFSI, Retail and Ecommerce, Healthcare, Travel and Hospitality, Media and Entertainment, IT and Telecom, and Others)

No. of Pages: 134    |    Report Code: TIPRE00028685    |    Category: Banking, Financial Services, and Insurance

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Middle East and Africa Digital Payment Market

1. Introduction

1.1 Business Market Insights Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
  • 3.2.1 Hypothesis formulation:
  • 3.2.2 Macro-economic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country level data:

4. Middle East and Africa Digital Payment Market Landscape

4.1 Market Overview
4.2 Porter's Five Forces Analysis
  • 4.2.1 Bargaining Power of Suppliers
  • 4.2.2 Bargaining Power of Buyers
  • 4.2.3 Threat of New Entrants
  • 4.2.4 Competitive Rivalry
  • 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
  • 4.3.1 Raw Material Suppliers
  • 4.3.2 Manufacturers
  • 4.3.3 Distributors/Suppliers
  • 4.3.4 End Users

5. Middle East and Africa Digital Payment Market – Key Market Dynamics

5.1 Growth Drivers
  • 5.1.1
  • 5.1.2 Increasing smartphone penetration
  • 5.1.3 Rising internet connectivity
  • 5.1.4 Government initiatives
  • 5.1.5 Cashless economy push
  • 5.1.6 E-commerce growth
  • 5.1.7 Financial inclusion
  • 5.1.8 Enhanced security measures
  • 5.1.9 Convenience and speed
  • 5.1.10 Diverse payment options
  • 5.1.11 Global trends in digital payments
5.2 Market Opportunities
  • 5.2.1
  • 5.2.2 Expanding customer base
  • 5.2.3 Geographically diverse markets
  • 5.2.4 Emerging technologies integration
  • 5.2.5 Data-driven insights
  • 5.2.6 Partnership opportunities
  • 5.2.7 Value-added services
  • 5.2.8 Customized solutions
  • 5.2.9 Cross-border payments
  • 5.2.10 Security solutions
  • 5.2.11 Regulatory compliance
5.3 Future Trends
  • 5.3.1
  • 5.3.2 Blockchain technology
  • 5.3.3 AI and machine learning
  • 5.3.4 Biometric authentication
  • 5.3.5 Internet of Things (IoT)
  • 5.3.6 Cryptocurrency integration
  • 5.3.7 Quantum computing
  • 5.3.8 Augmented reality (AR) and virtual reality (VR)
  • 5.3.9 Voice and touchless payments
  • 5.3.10 Sustainable finance
  • 5.3.11 Global interoperability
5.4 Impact of Drivers and Restraints

6. Middle East and Africa Digital Payment Market Regional Analysis

6.1 Middle East and Africa Digital Payment Market Overview
6.2 Middle East and Africa Digital Payment Market Revenue 2019-2028 (US$ Million)
6.3 Middle East and Africa Digital Payment Market Forecast Analysis

7. Middle East and Africa Digital Payment Market Analysis – by Component

7.1 Solution
  • 7.1.1 Overview
  • 7.1.2 Solution: Middle East and Africa Digital Payment Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Services
  • 7.2.1 Overview
  • 7.2.2 Services: Middle East and Africa Digital Payment Market – Revenue and Forecast to 2031 (US$ Million)

8. Middle East and Africa Digital Payment Market Analysis – by Deployment

8.1 Cloud-Based
  • 8.1.1 Overview
  • 8.1.2 Cloud-Based: Middle East and Africa Digital Payment Market – Revenue and Forecast to 2028 (US$ Million)
8.2 On-Premises
  • 8.2.1 Overview
  • 8.2.2 On-Premises: Middle East and Africa Digital Payment Market – Revenue and Forecast to 2028 (US$ Million)

9. Middle East and Africa Digital Payment Market Analysis – by Organization Size

9.1 Large Enterprises
  • 9.1.1 Overview
  • 9.1.2 On-Premises: Middle East and Africa Digital Payment Market – Revenue and Forecast to 2028 (US$ Million)
9.2 SMEs
  • 9.2.1 Overview
  • 9.2.2 On-Premises: Middle East and Africa Digital Payment Market – Revenue and Forecast to 2028 (US$ Million)

10. Middle East and Africa Digital Payment Market – Middle East and Africa Analysis

10.1 Middle East and Africa
  • 10.1.1 Middle East and Africa Digital Payment Market Breakdown, by Key Country, 2022 and 2028 (%)
  • 10.1.1.1 Middle East and Africa Digital Payment Market – Revenue and Forecast Analysis – by Country
  • 10.1.1.1 South Africa: Middle East and Africa Digital Payment Market – Revenue and Forecast to 2028 (US$ Million)
    • 10.1.1.1.1 South Africa: Middle East and Africa Digital Payment Market Breakdown, by Component
    • 10.1.1.1.2 South Africa: Middle East and Africa Digital Payment Market Breakdown, by Deployment
    • 10.1.1.1.3 South Africa: Middle East and Africa Digital Payment Market Breakdown, by Organization Size
  • 10.1.1.2 Saudi Arabia: Middle East and Africa Digital Payment Market – Revenue and Forecast to 2028 (US$ Million)
    • 10.1.1.2.1 Saudi Arabia: Middle East and Africa Digital Payment Market Breakdown, by Component
    • 10.1.1.2.2 Saudi Arabia: Middle East and Africa Digital Payment Market Breakdown, by Deployment
    • 10.1.1.2.3 Saudi Arabia: Middle East and Africa Digital Payment Market Breakdown, by Organization Size
  • 10.1.1.3 UAE: Middle East and Africa Digital Payment Market – Revenue and Forecast to 2028 (US$ Million)
    • 10.1.1.3.1 UAE: Middle East and Africa Digital Payment Market Breakdown, by Component
    • 10.1.1.3.2 UAE: Middle East and Africa Digital Payment Market Breakdown, by Deployment
    • 10.1.1.3.3 UAE: Middle East and Africa Digital Payment Market Breakdown, by Organization Size
  • 10.1.1.4 Rest of Middle East and Africa: Middle East and Africa Digital Payment Market – Revenue and Forecast to 2028 (US$ Million)
    • 10.1.1.4.1 Rest of Middle East and Africa: Middle East and Africa Digital Payment Market Breakdown, by Component
    • 10.1.1.4.2 Rest of Middle East and Africa: Middle East and Africa Digital Payment Market Breakdown, by Deployment
    • 10.1.1.4.3 Rest of Middle East and Africa: Middle East and Africa Digital Payment Market Breakdown, by Organization Size

11. Competitive Landscape

11.1 Heat Map Analysis
11.2 Company Positioning and Concentration

12. Middle East and Africa Digital Payment Market Industry Landscape

12.1 Overview
12.2 Mergers and Acquisitions
12.3 Agreements, Collaborations, and Joint Ventures
12.4 New Product Launches
12.5 Expansions and Other Strategic Developments

13. Company Profiles

13.1 ACI Worldwide, Inc.
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
13.2 Adyen
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
13.3 Financial Software & Systems Pvt. Ltd.
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
13.4 Fiserv, Inc.
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments
13.5 Global Payments Inc.
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
  • 13.5.6 Key Developments
13.6 PayPal Holdings, Inc.
  • 13.6.1 Key Facts
  • 13.6.2 Business Description
  • 13.6.3 Products and Services
  • 13.6.4 Financial Overview
  • 13.6.5 SWOT Analysis
  • 13.6.6 Key Developments
13.7 PayU
  • 13.7.1 Key Facts
  • 13.7.2 Business Description
  • 13.7.3 Products and Services
  • 13.7.4 Financial Overview
  • 13.7.5 SWOT Analysis
  • 13.7.6 Key Developments

14. Appendix

14.1 About Business Market Insights

The List of Companies - M Market

  1. ACI Worldwide, Inc.
  2. Adyen
  3. Financial Software & Systems Pvt. Ltd.
  4. Fiserv, Inc.
  5. Global Payments Inc.   
  6. PayPal Holdings, Inc.    
  7. PayU