Global digital banking platforms market to reach USD 6.7 billion by 2025.
Global digital banking platforms market is valued at USD 2.9 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 11% over the forecast period 2018-2025. Rising adoption of smartphones and tablets and increasing adoption of cloud-based platforms for higher scalability is promoting the growth of the market. Growing smartphones ownership across the globe is also driving the market growth. For instance, according to pew research center report in 2018, around 63% of total individuals in United States owns a smartphone and tablets. Moreover 69% of total individuals of Australia owns a tablets and smartphone. Thus, rising smartphone and tablets ownership is expected to fuel the market growth
The report on global Digital Banking Platforms market includes Banking Type, Banking Mode and Deployment Type segments. Banking Type segment is further divided into Retail Banking and Corporate Banking, Banking Mode includes Online Banking and Online Banking and Deployment Type is further classified into On-Premises and Cloud. Retail banking segment is expected to be the largest contributor to the digital banking platforms market during the forecast period owing to the need to meet retail customers’ elevated expectations of personalization and align these expectations in line with the growing multiplication of channels.
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This report is highly informative document with inclusion of comprehensive market data associated with the significant elements and subdivision of the “Global Digital Banking Platforms Market” that may impact the growth scenarios of the industry. The report may commendably help trades and decision makers to address the challenges and to gain benefits from highly competitive “Global Digital Banking Platforms Market”.
“Global Digital Banking Platforms Market” is research report of comprehensive nature which entails information in relation with major regional markets, current scenarios. This includes key regional areas such as North America, Global, Asia-Pacific, etc. and the foremost countries such as Global, Germany, United Kingdom, Japan, South Korea, Global and China.
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The “Global Digital Banking Platforms Market” report attempts to build familiarity of the market through sharing basic information associated with the aspects such as definitions, classifications, applications and market overview, product specifications, manufacturing processes, cost structures, raw materials and more. Furthermore, it strives to analyze the crucial regional markets, including the product price, profit, capacity, production, supply, demand and market growth rate. It also discusses forecast for the same.
- Analyzing the outlook of the Digital Banking Platforms Market with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Digital Banking Platforms Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the Digital Banking Platforms Market.
- Digital Banking Platforms Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- 1-year analyst support, along with the data support in excel format.
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