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Global Digital Banking Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 103 pages | ID: G2A3D0CB2567EN
APO Research

US$ 3,450.00

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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.

According to APO Research, The global Digital Banking market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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 Scope

This report aims to provide a comprehensive presentation of the global market for Digital Banking, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Banking.

The Digital Banking market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digital Banking market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Urban FT
  • Kony
  • Backbase
  • Technisys
  • Infosys
  • Digiliti Money
  • Innofis
  • Mobilearth
  • D3 Banking Technology
  • Alkami
  • Q2
  • Misys
  • SAP
Digital Banking segment by Terminal
  • PC
  • Mobile
Digital Banking segment by Application
  • Individual
  • SME Digital Banking
  • Corporate Digital Banking
Digital Banking Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Digital Banking market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Digital Banking and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Digital Banking.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2019-2024, 2025-2030). 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 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 3: 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 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 5: Detailed analysis of Digital Banking companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.

Chapter 12: Concluding Insights of the report

Chapter 12: Concluding Insights of the report
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Digital Banking Market Size Overview by Region 2019 VS 2023 VS 2030
1.4 Global Digital Banking Market Size by Region (2019-2030)
  1.4.1 Global Digital Banking Market Size by Region (2019-2024)
  1.4.2 Global Digital Banking Market Size by Region (2025-2030)
1.5 Key Regions Digital Banking Market Size (2019-2030)
  1.5.1 North America Digital Banking Market Size Growth Rate (2019-2030)
  1.5.2 Europe Digital Banking Market Size Growth Rate (2019-2030)
  1.5.3 Asia-Pacific Digital Banking Market Size Growth Rate (2019-2030)
  1.5.4 Latin America Digital Banking Market Size Growth Rate (2019-2030)
  1.5.5 Middle East & Africa Digital Banking Market Size Growth Rate (2019-2030)

2 DIGITAL BANKING MARKET BY TERMINAL

2.1 Type Introduction
  2.1.1 PC
  2.1.2 Mobile
2.2 Global Digital Banking Market Size by Terminal
  2.2.1 Global Digital Banking Market Size Overview by Terminal (2019-2030)
  2.2.2 Global Digital Banking Historic Market Size Review by Terminal (2019-2024)
  2.2.3 Global Digital Banking Market Size Forecasted by Terminal (2025-2030)
2.3 Global Digital Banking Market Size by Regions
  2.3.1 North America Digital Banking Market Size Breakdown by Terminal (2019-2024)
  2.3.2 Europe Digital Banking Market Size Breakdown by Terminal (2019-2024)
  2.3.3 Asia-Pacific Digital Banking Market Size Breakdown by Terminal (2019-2024)
  2.3.4 Latin America Digital Banking Market Size Breakdown by Terminal (2019-2024)
  2.3.5 Middle East and Africa Digital Banking Market Size Breakdown by Terminal (2019-2024)

3 DIGITAL BANKING MARKET BY APPLICATION

3.1 Type 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
  3.2.1 Global Digital Banking Market Size Overview by Application (2019-2030)
  3.2.2 Global Digital Banking Historic Market Size Review by Application (2019-2024)
  3.2.3 Global Digital Banking Market Size Forecasted by Application (2025-2030)
3.3 Global Digital Banking Market Size by Regions
  3.3.1 North America Digital Banking Market Size Breakdown by Application (2019-2024)
  3.3.2 Europe Digital Banking Market Size Breakdown by Application (2019-2024)
  3.3.3 Asia-Pacific Digital Banking Market Size Breakdown by Application (2019-2024)
  3.3.4 Latin America Digital Banking Market Size Breakdown by Application (2019-2024)
  3.3.5 Middle East and Africa Digital Banking Market Size Breakdown by Application (2019-2024)

4 GLOBAL MARKET DYNAMICS

4.1 Digital Banking Industry Trends
4.2 Digital Banking Industry Drivers
4.3 Digital Banking Industry Opportunities and Challenges
4.4 Digital Banking Industry Restraints

5 COMPETITIVE INSIGHTS BY COMPANY

5.1 Global Top Players by Digital Banking Revenue (2019-2024)
5.2 Global Digital Banking Industry Company Ranking, 2022 VS 2023 VS 2024
5.3 Global Digital Banking Key Company Headquarters & Area Served
5.4 Global Digital Banking Company, Product Type & Application
5.5 Global Digital Banking Company Commercialization Time
5.6 Market Competitive Analysis
  5.6.1 Global Digital Banking Market CR5 and HHI
  5.6.2 Global Top 5 and 10 Digital Banking Players Market Share by Revenue in 2023
  5.6.3 2023 Digital Banking Tier 1, Tier 2, and Tier

6 COMPANY PROFILES

6.1 Urban FT
  6.1.1 Urban FT Comapny Information
  6.1.2 Urban FT Business Overview
  6.1.3 Urban FT Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.1.4 Urban FT Digital Banking Product Portfolio
  6.1.5 Urban FT Recent Developments
6.2 Kony
  6.2.1 Kony Comapny Information
  6.2.2 Kony Business Overview
  6.2.3 Kony Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.2.4 Kony Digital Banking Product Portfolio
  6.2.5 Kony Recent Developments
6.3 Backbase
  6.3.1 Backbase Comapny Information
  6.3.2 Backbase Business Overview
  6.3.3 Backbase Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.3.4 Backbase Digital Banking Product Portfolio
  6.3.5 Backbase Recent Developments
6.4 Technisys
  6.4.1 Technisys Comapny Information
  6.4.2 Technisys Business Overview
  6.4.3 Technisys Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.4.4 Technisys Digital Banking Product Portfolio
  6.4.5 Technisys Recent Developments
6.5 Infosys
  6.5.1 Infosys Comapny Information
  6.5.2 Infosys Business Overview
  6.5.3 Infosys Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.5.4 Infosys Digital Banking Product Portfolio
  6.5.5 Infosys Recent Developments
6.6 Digiliti Money
  6.6.1 Digiliti Money Comapny Information
  6.6.2 Digiliti Money Business Overview
  6.6.3 Digiliti Money Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.6.4 Digiliti Money Digital Banking Product Portfolio
  6.6.5 Digiliti Money Recent Developments
6.7 Innofis
  6.7.1 Innofis Comapny Information
  6.7.2 Innofis Business Overview
  6.7.3 Innofis Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.7.4 Innofis Digital Banking Product Portfolio
  6.7.5 Innofis Recent Developments
6.8 Mobilearth
  6.8.1 Mobilearth Comapny Information
  6.8.2 Mobilearth Business Overview
  6.8.3 Mobilearth Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.8.4 Mobilearth Digital Banking Product Portfolio
  6.8.5 Mobilearth Recent Developments
6.9 D3 Banking Technology
  6.9.1 D3 Banking Technology Comapny Information
  6.9.2 D3 Banking Technology Business Overview
  6.9.3 D3 Banking Technology Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.9.4 D3 Banking Technology Digital Banking Product Portfolio
  6.9.5 D3 Banking Technology Recent Developments
6.10 Alkami
  6.10.1 Alkami Comapny Information
  6.10.2 Alkami Business Overview
  6.10.3 Alkami Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.10.4 Alkami Digital Banking Product Portfolio
  6.10.5 Alkami Recent Developments
6.11 Q2
  6.11.1 Q2 Comapny Information
  6.11.2 Q2 Business Overview
  6.11.3 Q2 Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.11.4 Q2 Digital Banking Product Portfolio
  6.11.5 Q2 Recent Developments
6.12 Misys
  6.12.1 Misys Comapny Information
  6.12.2 Misys Business Overview
  6.12.3 Misys Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.12.4 Misys Digital Banking Product Portfolio
  6.12.5 Misys Recent Developments
6.13 SAP
  6.13.1 SAP Comapny Information
  6.13.2 SAP Business Overview
  6.13.3 SAP Digital Banking Revenue, Global Share and Gross Margin (2019-2024)
  6.13.4 SAP Digital Banking Product Portfolio
  6.13.5 SAP Recent Developments

7 NORTH AMERICA

7.1 North America Digital Banking Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2 North America Digital Banking Market Size by Country (2019-2024)
7.3 North America Digital Banking Market Size Forecast by Country (2025-2030)

8 EUROPE

8.1 Europe Digital Banking Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2 Europe Digital Banking Market Size by Country (2019-2024)
8.3 Europe Digital Banking Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC

9.1 Asia-Pacific Digital Banking Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2 Asia-Pacific Digital Banking Market Size by Country (2019-2024)
9.3 Asia-Pacific Digital Banking Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA

10.1 Latin America Digital Banking Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2 Latin America Digital Banking Market Size by Country (2019-2024)
10.3 Latin America Digital Banking Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa Digital Banking Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2 Middle East & Africa Digital Banking Market Size by Country (2019-2024)
11.3 Middle East & Africa Digital Banking Market Size Forecast by Country (2025-2030)

12 CONCLUDING INSIGHTS

13 APPENDIX

13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
  13.5.1 Secondary Sources
  13.5.2 Primary Sources


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