Middle-East and Africa Digital Banking Market Increasing Demand, Growth Analysis and Future Outlook by 2031

The Middle-East and Africa digital banking market is estimated to grow at a significant growth rate of 6.5% over the forecast period. In the Middle East and Africa, banks are rapidly raising the adoption of opportunities presented by fintech and digital banking companies. The UAE has witnessed a considerable digital transformation in the recent past, as the government of UAE is focusing on the development of digital infrastructure through momentous spending and by attracting private investments.

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UAE is swiftly emerging as a startup hub for the Middle East-based financial sector, as it comprises around 30% of the region’s fintech firms. Therefore, in present times, UAE is called as the financial hub of the Middle East, as quoted by the Dubai International Financial Centre (DIFC). The continuous development in technology, regulations, and culture is transforming the current and future landscape of the banking sector in the UAE. For instance, around 84% of the UAE’s population currently lives in urban environments, 96% use the internet frequently, 77% use smartphones on a daily basis, and 85% of households have access to broadband Internet, as per ITA.

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  • Market Coverage

  • Market number available for – 2025-2031

  • Base year- 2025

  • Forecast period- 2025-2031

  • Segment Covered- By Source, By Product Type, By Applications

  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

  • , and others


Market Segmentation

Middle-East and Africa Digital Banking Market by Type 

  • Corporate Banking

  • Investment Banking

  • Retail Banking


Middle-East and Africa Digital Banking Market by Solution

  • Processing Services

  • Payment

  • Customer and Channel Management

  • Risk Management


Regional Analysis

  • Middle East

  • Africa


Company Profiles

  • ACI Worldwide, Inc.,

  • Appway AG

  • Atos SE

  • Backbase BV

  • Capital Banking Solutions

  • CERALOGIX AB

  • Cor Financial Solutions Ltd.

  • EBANKIT-OMNICHANNEL INNOVATION, S.A.

  • Etronika UAB

  • Fidor Solutions AG

  • Finastra

  • Fiserv, Inc.

  • Intellect Design Arena Ltd.

  • Microsoft Corp.

  • NCR Corp.

  • NETinfo PLC

  • Oracle Corp.

  • SAB Group

  • SAP SE

  • Sopra Steria Group

  • Tata Consultancy Services Ltd.

  • Technisys SA

  • Temenos SA


The Report covers:

  • Comprehensive research methodology of the Middle-East and Africa Digital Banking market.

  • This report also includes a detailed and extensive market overview with key analyst insights.

  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

  • Analysis of regional regulations and other government policies impacting the Middle-East and Africa Digital Banking market.

  • Insights about market determinants which are stimulating the Middle-East and Africa Digital Banking market.

  • Detailed and extensive market segments with regional distribution of forecasted revenues.

  • Extensive profiles and recent developments of market players.


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