The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Digital Banking-Global Market Insights and Sales Trends 2024
Synopsis
Digital banking is a move to online banking, where banking services are provided over the Internet.Over the years, the market for digital channel platforms has evolved from online and mobile specific banking solutions to digital banking platforms that are not related to channels.Advanced and mature digital banking platforms are highly flexible and can integrate many different banking services through a good interactive user interface (UI) or customer experience.This factor is the main reason why global companies have such a strong pull on digital banking.In addition, Banks are now under enormous pressure to improve operational efficiency and reduce bank costs while providing advanced next-generation digital banking services.Digital banking platform vendors are now developing smart and smart banking platforms to meet the needs of Banks and customers.This includes the need for channel integration support and dynamic customer experience to make core banking easier to implement, as well as the devices customers want to use or are interested in and affordable.The digital banking industry is relatively fragmented, with many small and new companies.Large global companies are mainly located in the us and Europe.American and European companies have a long history and an unshakable position in this field.The main markets for digital banking are in developed countries.North America has the largest market for digital banking platforms in terms of revenue generation.The regional market was driven by the early adoption of digital technology in banking.The asia-pacific market is expected to grow at a good pace during the forecast period.Strong growth in IT infrastructure and significant investment in digital banking by public and private companies are expected to support growth in the regional market.North America had a 37 percent market share in 2018, followed by Europe with 38 percent.The asia-pacific consumer market is growing even faster, however, with a market share of only 20 percent in 2018.In the rest of Asia Pacific, the Australian market is developing relatively well.In 2018, pc-based digital banking accounted for about 67% of the market share, and most of the products of the market belong to pc-based digital banking. In 2018, the market share of mobile digital banking was 33%. It is expected that the number of mobile digital banking will increase significantly in the next few years.Small and medium-sized enterprises (smes) are still the main application group in the market, accounting for about 59% of the market share in 2018. The development rate of smes is faster than that of large enterprises. By 2025, the market share of smes will expand to 60%.The development of digital Banks in China is relatively backward compared with that in Europe and the United States. Many large enterprises are still in the financing stage, and the market is expected to develop rapidly in the next few years.
The global Digital Banking market size is expected to reach US$ 37090 million by 2029, growing at a CAGR of 19.0% from 2023 to 2029. The market is mainly driven by the significant applications of Digital Banking in various end use industries. The expanding demands from the Individual, SME Digital Banking and Corporate Digital Banking,, are propelling Digital Banking market. PC, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mobile segment is estimated at % CAGR for the next seven-year period.
The leading market for digital banking is the United States, with about 50% of the market, followed by Europe, with about 30%.
Major enterprises include SAP, Misys, Q2, Kony, Infosys, etc., with the top three accounting for about 45%.
Report Objectives
This report provides market insight on the different segments, by players, by Terminal, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Digital Banking, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Digital Banking market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Digital Banking market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Digital Banking sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Digital Banking covered in this report include Urban FT, Kony, Backbase, Technisys, Infosys, Digiliti Money, Innofis, Mobilearth and D3 Banking Technology, etc.
The global Digital Banking market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Urban FT
Kony
Backbase
Technisys
Infosys
Digiliti Money
Innofis
Mobilearth
D3 Banking Technology
Alkami
Q2
Misys
SAP
Global Digital Banking market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Digital Banking market, Segment by Terminal:
PC
Mobile
Global Digital Banking market, by Application
Individual
SME Digital Banking
Corporate Digital Banking
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Terminal, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Digital Banking companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Digital banking is a move to online banking, where banking services are provided over the Internet.Over the years, the market for digital channel platforms has evolved from online and mobile specific banking solutions to digital banking platforms that are not related to channels.Advanced and mature digital banking platforms are highly flexible and can integrate many different banking services through a good interactive user interface (UI) or customer experience.This factor is the main reason why global companies have such a strong pull on digital banking.In addition, Banks are now under enormous pressure to improve operational efficiency and reduce bank costs while providing advanced next-generation digital banking services.Digital banking platform vendors are now developing smart and smart banking platforms to meet the needs of Banks and customers.This includes the need for channel integration support and dynamic customer experience to make core banking easier to implement, as well as the devices customers want to use or are interested in and affordable.The digital banking industry is relatively fragmented, with many small and new companies.Large global companies are mainly located in the us and Europe.American and European companies have a long history and an unshakable position in this field.The main markets for digital banking are in developed countries.North America has the largest market for digital banking platforms in terms of revenue generation.The regional market was driven by the early adoption of digital technology in banking.The asia-pacific market is expected to grow at a good pace during the forecast period.Strong growth in IT infrastructure and significant investment in digital banking by public and private companies are expected to support growth in the regional market.North America had a 37 percent market share in 2018, followed by Europe with 38 percent.The asia-pacific consumer market is growing even faster, however, with a market share of only 20 percent in 2018.In the rest of Asia Pacific, the Australian market is developing relatively well.In 2018, pc-based digital banking accounted for about 67% of the market share, and most of the products of the market belong to pc-based digital banking. In 2018, the market share of mobile digital banking was 33%. It is expected that the number of mobile digital banking will increase significantly in the next few years.Small and medium-sized enterprises (smes) are still the main application group in the market, accounting for about 59% of the market share in 2018. The development rate of smes is faster than that of large enterprises. By 2025, the market share of smes will expand to 60%.The development of digital Banks in China is relatively backward compared with that in Europe and the United States. Many large enterprises are still in the financing stage, and the market is expected to develop rapidly in the next few years.
The global Digital Banking market size is expected to reach US$ 37090 million by 2029, growing at a CAGR of 19.0% from 2023 to 2029. The market is mainly driven by the significant applications of Digital Banking in various end use industries. The expanding demands from the Individual, SME Digital Banking and Corporate Digital Banking,, are propelling Digital Banking market. PC, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mobile segment is estimated at % CAGR for the next seven-year period.
The leading market for digital banking is the United States, with about 50% of the market, followed by Europe, with about 30%.
Major enterprises include SAP, Misys, Q2, Kony, Infosys, etc., with the top three accounting for about 45%.
Report Objectives
This report provides market insight on the different segments, by players, by Terminal, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Digital Banking, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Digital Banking market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Digital Banking market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Digital Banking sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Digital Banking covered in this report include Urban FT, Kony, Backbase, Technisys, Infosys, Digiliti Money, Innofis, Mobilearth and D3 Banking Technology, etc.
The global Digital Banking market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Urban FT
Kony
Backbase
Technisys
Infosys
Digiliti Money
Innofis
Mobilearth
D3 Banking Technology
Alkami
Q2
Misys
SAP
Global Digital Banking market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Digital Banking market, Segment by Terminal:
PC
Mobile
Global Digital Banking market, by Application
Individual
SME Digital Banking
Corporate Digital Banking
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Terminal, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Digital Banking companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Digital Banking
1.1 Digital Banking Market Overview
1.1.1 Digital Banking Product Scope
1.1.2 Digital Banking Market Status and Outlook
1.2 Global Digital Banking Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Digital Banking Market Size by Region (2018-2029)
1.4 Global Digital Banking Historic Market Size by Region (2018-2023)
1.5 Global Digital Banking Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Digital Banking Market Size (2018-2029)
1.6.1 North America Digital Banking Market Size (2018-2029)
1.6.2 Europe Digital Banking Market Size (2018-2029)
1.6.3 Asia-Pacific Digital Banking Market Size (2018-2029)
1.6.4 Latin America Digital Banking Market Size (2018-2029)
1.6.5 Middle East & Africa Digital Banking Market Size (2018-2029)
2 Digital Banking Market by Terminal
2.1 Introduction
2.1.1 PC
2.1.2 Mobile
2.2 Global Digital Banking Market Size by Terminal: 2018 VS 2022 VS 2029
2.2.1 Global Digital Banking Historic Market Size by Terminal (2018-2023)
2.2.2 Global Digital Banking Forecasted Market Size by Terminal (2024-2029)
2.3 Key Regions Market Size by Terminal
2.3.1 North America Digital Banking Revenue Breakdown by Terminal (2018-2029)
2.3.2 Europe Digital Banking Revenue Breakdown by Terminal (2018-2029)
2.3.3 Asia-Pacific Digital Banking Revenue Breakdown by Terminal (2018-2029)
2.3.4 Latin America Digital Banking Revenue Breakdown by Terminal (2018-2029)
2.3.5 Middle East and Africa Digital Banking Revenue Breakdown by Terminal (2018-2029)
3 Digital Banking Market Overview by Application
3.1 Introduction
3.1.1 Individual
3.1.2 SME Digital Banking
3.1.3 Corporate Digital Banking
3.2 Global Digital Banking Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Digital Banking Historic Market Size by Application (2018-2023)
3.2.2 Global Digital Banking Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Digital Banking Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Digital Banking Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Digital Banking Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Digital Banking Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Digital Banking Revenue Breakdown by Application (2018-2029)
4 Digital Banking Competition Analysis by Players
4.1 Global Digital Banking Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Digital Banking as of 2022)
4.3 Date of Key Players Enter into Digital Banking Market
4.4 Global Top Players Digital Banking Headquarters and Area Served
4.5 Key Players Digital Banking Product Solution and Service
4.6 Competitive Status
4.6.1 Digital Banking Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Urban FT
5.1.1 Urban FT Profile
5.1.2 Urban FT Main Business
5.1.3 Urban FT Digital Banking Products, Services and Solutions
5.1.4 Urban FT Digital Banking Revenue (US$ Million) & (2018-2023)
5.1.5 Urban FT Recent Developments
5.2 Kony
5.2.1 Kony Profile
5.2.2 Kony Main Business
5.2.3 Kony Digital Banking Products, Services and Solutions
5.2.4 Kony Digital Banking Revenue (US$ Million) & (2018-2023)
5.2.5 Kony Recent Developments
5.3 Backbase
5.3.1 Backbase Profile
5.3.2 Backbase Main Business
5.3.3 Backbase Digital Banking Products, Services and Solutions
5.3.4 Backbase Digital Banking Revenue (US$ Million) & (2018-2023)
5.3.5 Technisys Recent Developments
5.4 Technisys
5.4.1 Technisys Profile
5.4.2 Technisys Main Business
5.4.3 Technisys Digital Banking Products, Services and Solutions
5.4.4 Technisys Digital Banking Revenue (US$ Million) & (2018-2023)
5.4.5 Technisys Recent Developments
5.5 Infosys
5.5.1 Infosys Profile
5.5.2 Infosys Main Business
5.5.3 Infosys Digital Banking Products, Services and Solutions
5.5.4 Infosys Digital Banking Revenue (US$ Million) & (2018-2023)
5.5.5 Infosys Recent Developments
5.6 Digiliti Money
5.6.1 Digiliti Money Profile
5.6.2 Digiliti Money Main Business
5.6.3 Digiliti Money Digital Banking Products, Services and Solutions
5.6.4 Digiliti Money Digital Banking Revenue (US$ Million) & (2018-2023)
5.6.5 Digiliti Money Recent Developments
5.7 Innofis
5.7.1 Innofis Profile
5.7.2 Innofis Main Business
5.7.3 Innofis Digital Banking Products, Services and Solutions
5.7.4 Innofis Digital Banking Revenue (US$ Million) & (2018-2023)
5.7.5 Innofis Recent Developments
5.8 Mobilearth
5.8.1 Mobilearth Profile
5.8.2 Mobilearth Main Business
5.8.3 Mobilearth Digital Banking Products, Services and Solutions
5.8.4 Mobilearth Digital Banking Revenue (US$ Million) & (2018-2023)
5.8.5 Mobilearth Recent Developments
5.9 D3 Banking Technology
5.9.1 D3 Banking Technology Profile
5.9.2 D3 Banking Technology Main Business
5.9.3 D3 Banking Technology Digital Banking Products, Services and Solutions
5.9.4 D3 Banking Technology Digital Banking Revenue (US$ Million) & (2018-2023)
5.9.5 D3 Banking Technology Recent Developments
5.10 Alkami
5.10.1 Alkami Profile
5.10.2 Alkami Main Business
5.10.3 Alkami Digital Banking Products, Services and Solutions
5.10.4 Alkami Digital Banking Revenue (US$ Million) & (2018-2023)
5.10.5 Alkami Recent Developments
5.11 Q2
5.11.1 Q2 Profile
5.11.2 Q2 Main Business
5.11.3 Q2 Digital Banking Products, Services and Solutions
5.11.4 Q2 Digital Banking Revenue (US$ Million) & (2018-2023)
5.11.5 Q2 Recent Developments
5.12 Misys
5.12.1 Misys Profile
5.12.2 Misys Main Business
5.12.3 Misys Digital Banking Products, Services and Solutions
5.12.4 Misys Digital Banking Revenue (US$ Million) & (2018-2023)
5.12.5 Misys Recent Developments
5.13 SAP
5.13.1 SAP Profile
5.13.2 SAP Main Business
5.13.3 SAP Digital Banking Products, Services and Solutions
5.13.4 SAP Digital Banking Revenue (US$ Million) & (2018-2023)
5.13.5 SAP Recent Developments
6 North America
6.1 North America Digital Banking Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Digital Banking Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Digital Banking Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Digital Banking Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Digital Banking Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Digital Banking Market Dynamics
11.1 Digital Banking Industry Trends
11.2 Digital Banking Market Drivers
11.3 Digital Banking Market Challenges
11.4 Digital Banking Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest IT & Electronics Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
