Report overview
Digital banking includes all kinds of online/internet transactions done for various purposes.
This report aims to provide a comprehensive presentation of the global market for Online 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 Online Banking. This report contains market size and forecasts of Online Banking in global, including the following market information:
Global Online Banking Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Online Banking market was valued at US$ 11960 million in 2022 and is projected to reach US$ 26850 million by 2029, at a CAGR of 12.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Customer convenience, higher interest rates, and technologically advanced interface majorly drive the market. High security risk of customer?s data hinders the market growth. Growth in smartphone usage, increase in internet penetration among consumers, and increasing technology and growth of developing economies in Asia-Pacific region are some of the key factors, which are fueling the market growth.
We surveyed the Online Banking companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Online Banking Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Online Banking Market Segment Percentages, by Type, 2022 (%)
Retail Banking
Corporate Banking
Investment Banking
Global Online Banking Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Online Banking Market Segment Percentages, by Application, 2022 (%)
Payments
Processing Services
Customer and Channel Management
Risk Management
Others
Global Online Banking Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Online Banking Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Online Banking revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Online Banking revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ACI
Microsoft
Fiserv
Tata Consultancy Services
Cor Financial Solutions
Oracle
Temenos
Rockall Technologies
EdgeVerve Systems
Capital Banking
CGI
Outline of Major Chapters:
Chapter 1: Introduces the definition of Online Banking, market overview.
Chapter 2: Global Online Banking market size in revenue.
Chapter 3: Detailed analysis of Online Banking company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Online Banking in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.