Open banking APIs, or application program interfaces, facilitate open banking and enable financial institutions to share financial data with one another, typically through a third-party-developed application. Banking API providers such as emerging FinTech companies and collaborators create those third-party-developed applications to improve traditional banking systems and make the digital banking industry better for everyone.
This report aims to provide a comprehensive presentation of the global market for Open Banking API, 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 Open Banking API. This report contains market size and forecasts of Open Banking API in global, including the following market information:
Global Open Banking API Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Open Banking API market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Payment Initiation Sevice API Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Open Banking API include Google, SAS, Mastercard, Salt Edge, Yodlee, TrueLayer, Plaid, Token and Tink, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Open Banking API 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 Open Banking API Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Open Banking API Market Segment Percentages, by Type, 2022 (%)
Payment Initiation Sevice API
Account Information Service API
Others
Global Open Banking API Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Open Banking API Market Segment Percentages, by Application, 2022 (%)
Consumer
Enterprise
Financial Institution
Global Open Banking API Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Open Banking API 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 Open Banking API revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Open Banking API revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Google
SAS
Mastercard
Salt Edge
Yodlee
TrueLayer
Plaid
Token
Tink
Bud Financial
Yapily
Klarna
Impress Solutions
Trovata
Basiq
Outline of Major Chapters:
Chapter 1: Introduces the definition of Open Banking API, market overview.
Chapter 2: Global Open Banking API market size in revenue.
Chapter 3: Detailed analysis of Open Banking API 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 Open Banking API 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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Open Banking API Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Open Banking API Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Open Banking API Overall Market Size
2.1 Global Open Banking API Market Size: 2022 VS 2029
2.2 Global Open Banking API Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Open Banking API Players in Global Market
3.2 Top Global Open Banking API Companies Ranked by Revenue
3.3 Global Open Banking API Revenue by Companies
3.4 Top 3 and Top 5 Open Banking API Companies in Global Market, by Revenue in 2022
3.5 Global Companies Open Banking API Product Type
3.6 Tier 1, Tier 2 and Tier 3 Open Banking API Players in Global Market
3.6.1 List of Global Tier 1 Open Banking API Companies
3.6.2 List of Global Tier 2 and Tier 3 Open Banking API Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Open Banking API Market Size Markets, 2022 & 2029
4.1.2 Payment Initiation Sevice API
4.1.3 Account Information Service API
4.1.4 Others
4.2 By Type - Global Open Banking API Revenue & Forecasts
4.2.1 By Type - Global Open Banking API Revenue, 2018-2023
4.2.2 By Type - Global Open Banking API Revenue, 2024-2029
4.2.3 By Type - Global Open Banking API Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Open Banking API Market Size, 2022 & 2029
5.1.2 Consumer
5.1.3 Enterprise
5.1.4 Financial Institution
5.2 By Application - Global Open Banking API Revenue & Forecasts
5.2.1 By Application - Global Open Banking API Revenue, 2018-2023
5.2.2 By Application - Global Open Banking API Revenue, 2024-2029
5.2.3 By Application - Global Open Banking API Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Open Banking API Market Size, 2022 & 2029
6.2 By Region - Global Open Banking API Revenue & Forecasts
6.2.1 By Region - Global Open Banking API Revenue, 2018-2023
6.2.2 By Region - Global Open Banking API Revenue, 2024-2029
6.2.3 By Region - Global Open Banking API Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Open Banking API Revenue, 2018-2029
6.3.2 US Open Banking API Market Size, 2018-2029
6.3.3 Canada Open Banking API Market Size, 2018-2029
6.3.4 Mexico Open Banking API Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Open Banking API Revenue, 2018-2029
6.4.2 Germany Open Banking API Market Size, 2018-2029
6.4.3 France Open Banking API Market Size, 2018-2029
6.4.4 U.K. Open Banking API Market Size, 2018-2029
6.4.5 Italy Open Banking API Market Size, 2018-2029
6.4.6 Russia Open Banking API Market Size, 2018-2029
6.4.7 Nordic Countries Open Banking API Market Size, 2018-2029
6.4.8 Benelux Open Banking API Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Open Banking API Revenue, 2018-2029
6.5.2 China Open Banking API Market Size, 2018-2029
6.5.3 Japan Open Banking API Market Size, 2018-2029
6.5.4 South Korea Open Banking API Market Size, 2018-2029
6.5.5 Southeast Asia Open Banking API Market Size, 2018-2029
6.5.6 India Open Banking API Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Open Banking API Revenue, 2018-2029
6.6.2 Brazil Open Banking API Market Size, 2018-2029
6.6.3 Argentina Open Banking API Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Open Banking API Revenue, 2018-2029
6.7.2 Turkey Open Banking API Market Size, 2018-2029
6.7.3 Israel Open Banking API Market Size, 2018-2029
6.7.4 Saudi Arabia Open Banking API Market Size, 2018-2029
6.7.5 UAE Open Banking API Market Size, 2018-2029
7 Open Banking API Companies Profiles
7.1 Google
7.1.1 Google Company Summary
7.1.2 Google Business Overview
7.1.3 Google Open Banking API Major Product Offerings
7.1.4 Google Open Banking API Revenue in Global Market (2018-2023)
7.1.5 Google Key News & Latest Developments
7.2 SAS
7.2.1 SAS Company Summary
7.2.2 SAS Business Overview
7.2.3 SAS Open Banking API Major Product Offerings
7.2.4 SAS Open Banking API Revenue in Global Market (2018-2023)
7.2.5 SAS Key News & Latest Developments
7.3 Mastercard
7.3.1 Mastercard Company Summary
7.3.2 Mastercard Business Overview
7.3.3 Mastercard Open Banking API Major Product Offerings
7.3.4 Mastercard Open Banking API Revenue in Global Market (2018-2023)
7.3.5 Mastercard Key News & Latest Developments
7.4 Salt Edge
7.4.1 Salt Edge Company Summary
7.4.2 Salt Edge Business Overview
7.4.3 Salt Edge Open Banking API Major Product Offerings
7.4.4 Salt Edge Open Banking API Revenue in Global Market (2018-2023)
7.4.5 Salt Edge Key News & Latest Developments
7.5 Yodlee
7.5.1 Yodlee Company Summary
7.5.2 Yodlee Business Overview
7.5.3 Yodlee Open Banking API Major Product Offerings
7.5.4 Yodlee Open Banking API Revenue in Global Market (2018-2023)
7.5.5 Yodlee Key News & Latest Developments
7.6 TrueLayer
7.6.1 TrueLayer Company Summary
7.6.2 TrueLayer Business Overview
7.6.3 TrueLayer Open Banking API Major Product Offerings
7.6.4 TrueLayer Open Banking API Revenue in Global Market (2018-2023)
7.6.5 TrueLayer Key News & Latest Developments
7.7 Plaid
7.7.1 Plaid Company Summary
7.7.2 Plaid Business Overview
7.7.3 Plaid Open Banking API Major Product Offerings
7.7.4 Plaid Open Banking API Revenue in Global Market (2018-2023)
7.7.5 Plaid Key News & Latest Developments
7.8 Token
7.8.1 Token Company Summary
7.8.2 Token Business Overview
7.8.3 Token Open Banking API Major Product Offerings
7.8.4 Token Open Banking API Revenue in Global Market (2018-2023)
7.8.5 Token Key News & Latest Developments
7.9 Tink
7.9.1 Tink Company Summary
7.9.2 Tink Business Overview
7.9.3 Tink Open Banking API Major Product Offerings
7.9.4 Tink Open Banking API Revenue in Global Market (2018-2023)
7.9.5 Tink Key News & Latest Developments
7.10 Bud Financial
7.10.1 Bud Financial Company Summary
7.10.2 Bud Financial Business Overview
7.10.3 Bud Financial Open Banking API Major Product Offerings
7.10.4 Bud Financial Open Banking API Revenue in Global Market (2018-2023)
7.10.5 Bud Financial Key News & Latest Developments
7.11 Yapily
7.11.1 Yapily Company Summary
7.11.2 Yapily Business Overview
7.11.3 Yapily Open Banking API Major Product Offerings
7.11.4 Yapily Open Banking API Revenue in Global Market (2018-2023)
7.11.5 Yapily Key News & Latest Developments
7.12 Klarna
7.12.1 Klarna Company Summary
7.12.2 Klarna Business Overview
7.12.3 Klarna Open Banking API Major Product Offerings
7.12.4 Klarna Open Banking API Revenue in Global Market (2018-2023)
7.12.5 Klarna Key News & Latest Developments
7.13 Impress Solutions
7.13.1 Impress Solutions Company Summary
7.13.2 Impress Solutions Business Overview
7.13.3 Impress Solutions Open Banking API Major Product Offerings
7.13.4 Impress Solutions Open Banking API Revenue in Global Market (2018-2023)
7.13.5 Impress Solutions Key News & Latest Developments
7.14 Trovata
7.14.1 Trovata Company Summary
7.14.2 Trovata Business Overview
7.14.3 Trovata Open Banking API Major Product Offerings
7.14.4 Trovata Open Banking API Revenue in Global Market (2018-2023)
7.14.5 Trovata Key News & Latest Developments
7.15 Basiq
7.15.1 Basiq Company Summary
7.15.2 Basiq Business Overview
7.15.3 Basiq Open Banking API Major Product Offerings
7.15.4 Basiq Open Banking API Revenue in Global Market (2018-2023)
7.15.5 Basiq Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Open Banking API Market Opportunities & Trends in Global Market
Table 2. Open Banking API Market Drivers in Global Market
Table 3. Open Banking API Market Restraints in Global Market
Table 4. Key Players of Open Banking API in Global Market
Table 5. Top Open Banking API Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Open Banking API Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Open Banking API Revenue Share by Companies, 2018-2023
Table 8. Global Companies Open Banking API Product Type
Table 9. List of Global Tier 1 Open Banking API Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Open Banking API Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Open Banking API Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Open Banking API Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Open Banking API Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Open Banking API Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Open Banking API Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Open Banking API Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Open Banking API Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Open Banking API Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Open Banking API Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Open Banking API Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Open Banking API Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Open Banking API Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Open Banking API Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Open Banking API Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Open Banking API Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Open Banking API Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Open Banking API Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Open Banking API Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Open Banking API Revenue, (US$, Mn), 2024-2029
Table 30. Google Company Summary
Table 31. Google Open Banking API Product Offerings
Table 32. Google Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 33. Google Key News & Latest Developments
Table 34. SAS Company Summary
Table 35. SAS Open Banking API Product Offerings
Table 36. SAS Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 37. SAS Key News & Latest Developments
Table 38. Mastercard Company Summary
Table 39. Mastercard Open Banking API Product Offerings
Table 40. Mastercard Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 41. Mastercard Key News & Latest Developments
Table 42. Salt Edge Company Summary
Table 43. Salt Edge Open Banking API Product Offerings
Table 44. Salt Edge Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 45. Salt Edge Key News & Latest Developments
Table 46. Yodlee Company Summary
Table 47. Yodlee Open Banking API Product Offerings
Table 48. Yodlee Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 49. Yodlee Key News & Latest Developments
Table 50. TrueLayer Company Summary
Table 51. TrueLayer Open Banking API Product Offerings
Table 52. TrueLayer Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 53. TrueLayer Key News & Latest Developments
Table 54. Plaid Company Summary
Table 55. Plaid Open Banking API Product Offerings
Table 56. Plaid Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 57. Plaid Key News & Latest Developments
Table 58. Token Company Summary
Table 59. Token Open Banking API Product Offerings
Table 60. Token Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 61. Token Key News & Latest Developments
Table 62. Tink Company Summary
Table 63. Tink Open Banking API Product Offerings
Table 64. Tink Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 65. Tink Key News & Latest Developments
Table 66. Bud Financial Company Summary
Table 67. Bud Financial Open Banking API Product Offerings
Table 68. Bud Financial Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 69. Bud Financial Key News & Latest Developments
Table 70. Yapily Company Summary
Table 71. Yapily Open Banking API Product Offerings
Table 72. Yapily Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 73. Yapily Key News & Latest Developments
Table 74. Klarna Company Summary
Table 75. Klarna Open Banking API Product Offerings
Table 76. Klarna Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 77. Klarna Key News & Latest Developments
Table 78. Impress Solutions Company Summary
Table 79. Impress Solutions Open Banking API Product Offerings
Table 80. Impress Solutions Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 81. Impress Solutions Key News & Latest Developments
Table 82. Trovata Company Summary
Table 83. Trovata Open Banking API Product Offerings
Table 84. Trovata Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 85. Trovata Key News & Latest Developments
Table 86. Basiq Company Summary
Table 87. Basiq Open Banking API Product Offerings
Table 88. Basiq Open Banking API Revenue (US$, Mn) & (2018-2023)
Table 89. Basiq Key News & Latest Developments
List of Figures
Figure 1. Open Banking API Segment by Type in 2022
Figure 2. Open Banking API Segment by Application in 2022
Figure 3. Global Open Banking API Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Open Banking API Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Open Banking API Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Open Banking API Revenue in 2022
Figure 8. By Type - Global Open Banking API Revenue Market Share, 2018-2029
Figure 9. By Application - Global Open Banking API Revenue Market Share, 2018-2029
Figure 10. By Type - Global Open Banking API Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Open Banking API Revenue Market Share, 2018-2029
Figure 12. By Application - Global Open Banking API Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Open Banking API Revenue Market Share, 2018-2029
Figure 14. By Region - Global Open Banking API Revenue Market Share, 2018-2029
Figure 15. By Country - North America Open Banking API Revenue Market Share, 2018-2029
Figure 16. US Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Open Banking API Revenue Market Share, 2018-2029
Figure 20. Germany Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 21. France Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Open Banking API Revenue Market Share, 2018-2029
Figure 28. China Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 32. India Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Open Banking API Revenue Market Share, 2018-2029
Figure 34. Brazil Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Open Banking API Revenue Market Share, 2018-2029
Figure 37. Turkey Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Open Banking API Revenue, (US$, Mn), 2018-2029
Figure 41. Google Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. SAS Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Mastercard Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Salt Edge Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Yodlee Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. TrueLayer Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Plaid Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Token Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Tink Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Bud Financial Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Yapily Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. Klarna Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. Impress Solutions Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 54. Trovata Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 55. Basiq Open Banking API Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
