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Total B2B payments market size in the Middle East and Africa (MEA) in 2021, with a forecast for 2030 (in billion U.S. dollars)

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Source

Release date

November 2023

Region

Africa, MENA

Survey time period

May 2023

Special properties

CAGR for 2023–2031 equals 9.5 percent, according to calculations from ÌÇÐÄÆƽâ°æ

Supplementary notes

The source did not provide figures for individual countries within either the Middle East or Africa.

Citation formats

B2B payments market size in the Middle East, Africa in 2021, with a 2030 forecast

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 4, 2024

B2B payments in the Middle East and Africa combined are projected to reach ** billion USD by 2021, and forecasts say it will continue to grow up until 2030. This is according to a research calculation that starts off in 2021 and models the future growth of business-to-business transactions within the country. The MEA B2B payments market value could reach *** billion U.S. dollars by 2030, for an estimated *** percent CAGR (2021-2030). The source does not provide further figures on specific B2B categories, such as cross-border payments. Cross-border payment services - which includes B2B - in Europe, the Middle East, and Africa (EMEA) was said to be around ** billion U.S. dollars in 2022.

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