Report overview
A third-party banking software is an outsourced, customized, and integrated software solution for banking organizations. This software provides end-to end and omni-channel management of banking operations. The goal of deploying this software is the efficient streamlining of processes and meeting the evolving modern end-customers' expectations.
This report aims to provide a comprehensive presentation of the global market for Third-Party Banking Software, 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 Third-Party Banking Software. This report contains market size and forecasts of Third-Party Banking Software in global, including the following market information:
Global Third-Party Banking Software Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Third-Party Banking Software market was valued at US$ 9408.2 million in 2022 and is projected to reach US$ 16520 million by 2029, at a CAGR of 8.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global third-party banking software market is driven by growing necessity to increase productivity and operational efficiency of banking industry. In addition, growing demand for standardized activities in the banking sector and increased adoption of customer-centric core banking propels the growth of the market. However, concerns regarding information security and high costs of moving from legacy systems to the new automated systems limits the growth of this market. Furthermore, increasing implementation of online banking and mobile banking by customers which shows high level of inclination towards accessing their account details and perform financial actions by using their laptops, smartphones, tablets and emerging trends such as patch management is expected to provide numerous opportunities for this market to grow.
We surveyed the Third-Party Banking Software 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 Third-Party Banking Software Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Third-Party Banking Software Market Segment Percentages, by Type, 2022 (%)
Core Banking Software
Multi-Channel Banking Software
BI Software
Private Wealth Management Software
Global Third-Party Banking Software Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Third-Party Banking Software Market Segment Percentages, by Application, 2022 (%)
Risk Management
Information Security
Business Intelligence
Training and Consulting Solutions
Global Third-Party Banking Software Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Third-Party Banking Software 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 Third-Party Banking Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Third-Party Banking Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Microsoft Corporation
IBM Corporation
Oracle Corporation
SAP
Tata Consultancy Services Limited
Infosys Limited
Capgemini
Accenture
NetSuite
Deltek
Outline of Major Chapters:
Chapter 1: Introduces the definition of Third-Party Banking Software, market overview.
Chapter 2: Global Third-Party Banking Software market size in revenue.
Chapter 3: Detailed analysis of Third-Party Banking Software 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 Third-Party Banking Software 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.
