Categories: Market Research

Global Digital Banking Platform Market Size and Forecast 2024-2033|Appway AG, Crealogix Holding AG, EdgeVerve Systems Limited, Fiserv Inc., Oracle Corporation

The Digital Banking Platform by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Digital Banking Platform Market:

https://www.thebusinessresearchcompany.com/report/digital-banking-platform-global-market-report

According to The Business Research Company’s Digital Banking Platform, The digital banking platform market size has grown rapidly in recent years. It will grow from $6.68 billion in 2023 to $7.49 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%.  The  growth in the historic period can be attributed to rise of internet and mobile devices, customer expectations, regulatory changes, security enhancements, cost reduction and efficiency, pandemic impact and remote banking.

The digital banking platform market size is expected to see rapid growth in the next few years. It will grow to $12.49 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%.  The growth in the forecast period can be attributed to digital transformation investments, collaboration with fintech startups, global expansion and market competition, ai-powered insights and analytics, data security and privacy measures.. Major trends in the forecast period include data-driven decision making, remote and digital onboarding, sustainability and green banking, ecosystem expansion.

The shift in trend from traditional banking to online banking is expected to propel the growth of the digital banking platform market going forward. Online banking refers to an electronic payment system that enables customers to conduct a range of financial transactions through a website or payment app. Online banking helps improve services and increase profits, causing financial institutions to shift their focus to digital banking, resulting in the growth of the digital banking platform market. For instance, according to India Brand Equity Foundation, an Indian government export promotion agency, by 2025, India’s fintech market is expected to reach Rs. 6.2 trillion (USD 83.42 billion). Fintech financial services are responsible for transforming the banking system into various digital channels, such as online channels and social channels. Therefore, the shift in trend from traditional banking to online banking is driving the digital banking platform market growth.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=7365&type=smp

The digital banking platform market covered in this report is segmented –

1) By Type: Corporate Banking, Retail Banking

2) By Component: Platforms, Services

3) By Banking Mode: Online Banking, Mobile Banking

4) By Deployment: Cloud, On-Premise

Technological advancements are a key trend gaining popularity in the digital banking platform market. Major companies operating in the digital banking platform market are developing new technologies to reduce operating costs and enable faster and safer transactions. For instance, in September 2023, SC Ventures, a US-based fintech investment company launched audax financial technology. With its modularized capabilities, audax offers a comprehensive digital banking platform that can effectively manage millions of customer data at once. The complete client lifecycle is supported by its plug-and-play system, which includes data reporting, deposits, lending products, client servicing, and staff interfaces. The infrastructure-agnostic technology of audax, which was developed to support the core systems of established banks, also gives banks the ability to pursue contemporary digital transformation without having to invest in expensive and time-consuming internal development or migration.

The digital banking platform market report table of contents includes:

1. Executive Summary

2. Digital Banking Platform Market Characteristics

3. Digital Banking Platform Market Trends And Strategies

4. Digital Banking Platform Market – Macro Economic Scenario

5. Global Digital Banking Platform Market Size and Growth

.

.

.

26. South America Digital Banking Platform Market

27. Brazil Digital Banking Platform Market

28. Middle East Digital Banking Platform Market

29. Africa Digital Banking Platform Market

30. Digital Banking Platform Market Competitive Landscape And Company Profiles

Top Major Players:

  • Appway AG
  • Crealogix Holding AG
  • EdgeVerve Systems Limited
  • Fiserv Inc
  • Oracle Corporation

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.inf

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Medical Terminology Software Market Share, Growth Opportunities, Demand Factors Report To 2033

The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…

13 hours ago

Apples Market Expansion 2024-2033: Growth Drivers and Dynamics

The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…

13 hours ago

IP Video Surveillance And VSaaS Market Growth Analysis, Latest Trends And Business Opportunity 2024 To 2033

The ip video surveillance and vsaas global market report 2024 from The Business Research Company…

13 hours ago

Change And Configuration Management Market Expansion 2024-2033: Growth Drivers and Dynamics

The change and configuration management global market report 2024 from The Business Research Company provides…

13 hours ago

Generative AI In Gaming Market Share Analysis, Leading Players, Growth, Trends, And Forecast To 2033

The generative ai in gaming global market report 2024 from The Business Research Company provides…

13 hours ago

Electric Blankets Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033

The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…

13 hours ago