Middle East and Africa Tax and Accounting Software Market By Software type Forecast (2018-2025)

Year SOUTH AFRICA REST OF MIDDLE EAST AND AFRICA SAUDI ARABIA UAE KUWAIT QATAR
2018 $ 177.2 $ 140.8 $ 109.1 $ 88.6 $ 195.8 $ 77.2
2019 $ 192.1 $ 153.5 $ 118.3 $ 96.4 $ 213.9 $ 83.7
2020 $ 209.0 $ 167.8 $ 128.7 $ 105.3 $ 234.4 $ 91.0
2021 $ 228.0 $ 184.1 $ 140.5 $ 115.3 $ 257.6 $ 99.3
2022 $ 249.2 $ 202.3 $ 153.6 $ 126.5 $ 283.7 $ 108.5
2023 $ 272.8 $ 222.8 $ 168.3 $ 139.1 $ 312.9 $ 118.8
2024 $ 299.0 $ 245.5 $ 184.5 $ 153.0 $ 345.4 $ 130.1
2025 $ 327.9 $ 270.7 $ 202.4 $ 168.5 $ 381.7 $ 142.7
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Middle East and Africa Tax and Accounting Software Market By Software type Forecast (2018-2025)

Synopsis
The above chart is Global Tax and Accounting Software market [2018-2025] Middle East and Africa by Software type

Market Dynamics

Kuwait accounted for the largest market share in 2018 in the middle east and africa tax and accounting software market, and is expected to reach usd 381.70 million in 2025 from usd 195.80 million in 2018.this market is projected to grow at a cagr of 10.13% during the forecast period from 2019 - 2025. accounting software segment accounted for the larger market share in 2018, this market is expected to reach usd 961.90 million in 2025 from usd 511.10 million in 2018. this market is projected to grow at a cagr of 9.58% during the forecast period from 2019 - 2025. however, tax software segment is the fastest growing market, which is expected to grow at a cagr of 9.87% during the forecast period 2019 - 2025. small and medium enterprise segment accounted for the larger market share in 2018, this market is expected to reach usd 909.40 million in 2025 from usd 471.50 million in 2018. this market is projected to grow at a cagr of 9.97% during the forecast period from 2019 - 2025. however, small and medium enterprise segment is the fastest growing market, which is expected to grow at a cagr of 9.97% during the forecast period 2019 - 2025. on premise segment accounted for the larger market share in 2018, this market is expected to reach usd 598.90 million in 2025 from usd 401.50 million in 2018. this market is projected to grow at a cagr of 5.95% during the forecast period from 2019 - 2025. however, cloud segment is the fastest growing market, which is expected to grow at a cagr of 12.81% during the forecast period 2019 - 2025. manufacturing segment accounted for the largest market share in 2018, this market is expected to reach usd 516.30 million in 2025 from usd 262.20 million in 2018. this market is projected to grow at a cagr of 10.29% during the forecast period from 2019 - 2025.

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