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Global Digital Banking Market Research Report 2024

Global Digital Banking Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1704573

No of Pages : 88

Synopsis
Digital banking is a move to online banking, where banking services are provided over the Internet.Over the years, the market for digital channel platforms has evolved from online and mobile specific banking solutions to digital banking platforms that are not related to channels.Advanced and mature digital banking platforms are highly flexible and can integrate many different banking services through a good interactive user interface (UI) or customer experience.This factor is the main reason why global companies have such a strong pull on digital banking.In addition, Banks are now under enormous pressure to improve operational efficiency and reduce bank costs while providing advanced next-generation digital banking services.Digital banking platform vendors are now developing smart and smart banking platforms to meet the needs of Banks and customers.This includes the need for channel integration support and dynamic customer experience to make core banking easier to implement, as well as the devices customers want to use or are interested in and affordable.The digital banking industry is relatively fragmented, with many small and new companies.Large global companies are mainly located in the us and Europe.American and European companies have a long history and an unshakable position in this field.The main markets for digital banking are in developed countries.North America has the largest market for digital banking platforms in terms of revenue generation.The regional market was driven by the early adoption of digital technology in banking.The asia-pacific market is expected to grow at a good pace during the forecast period.Strong growth in IT infrastructure and significant investment in digital banking by public and private companies are expected to support growth in the regional market.North America had a 37 percent market share in 2018, followed by Europe with 38 percent.The asia-pacific consumer market is growing even faster, however, with a market share of only 20 percent in 2018.In the rest of Asia Pacific, the Australian market is developing relatively well.In 2018, pc-based digital banking accounted for about 67% of the market share, and most of the products of the market belong to pc-based digital banking. In 2018, the market share of mobile digital banking was 33%. It is expected that the number of mobile digital banking will increase significantly in the next few years.Small and medium-sized enterprises (smes) are still the main application group in the market, accounting for about 59% of the market share in 2018. The development rate of smes is faster than that of large enterprises. By 2025, the market share of smes will expand to 60%.The development of digital Banks in China is relatively backward compared with that in Europe and the United States. Many large enterprises are still in the financing stage, and the market is expected to develop rapidly in the next few years.
The global Digital Banking market was valued at US$ 10830 million in 2023 and is anticipated to reach US$ 37090 million by 2030, witnessing a CAGR of 19.0% during the forecast period 2024-2030.
The leading market for digital banking is the United States, with about 50% of the market, followed by Europe, with about 30%.
Major enterprises include SAP, Misys, Q2, Kony, Infosys, etc., with the top three accounting for about 45%.
This report aims to provide a comprehensive presentation of the global market for Digital 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 Digital Banking.
Report Scope
The Digital Banking market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digital Banking market comprehensively. Regional market sizes, concerning products by Terminal, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Digital Banking companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Terminal, by Application, and by regions.
Market Segmentation
By Company
Urban FT
Kony
Backbase
Technisys
Infosys
Digiliti Money
Innofis
Mobilearth
D3 Banking Technology
Alkami
Q2
Misys
SAP
Segment by Terminal
PC
Mobile
Segment by Application
Individual
SME Digital Banking
Corporate Digital Banking
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Terminal, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Digital Banking companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Terminal, 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Terminal
1.2.1 Global Digital Banking Market Size Growth Rate by Terminal: 2019 VS 2023 VS 2030
1.2.2 PC
1.2.3 Mobile
1.3 Market by Application
1.3.1 Global Digital Banking Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Individual
1.3.3 SME Digital Banking
1.3.4 Corporate Digital Banking
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Digital Banking Market Perspective (2019-2030)
2.2 Digital Banking Growth Trends by Region
2.2.1 Global Digital Banking Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Digital Banking Historic Market Size by Region (2019-2024)
2.2.3 Digital Banking Forecasted Market Size by Region (2025-2030)
2.3 Digital Banking Market Dynamics
2.3.1 Digital Banking Industry Trends
2.3.2 Digital Banking Market Drivers
2.3.3 Digital Banking Market Challenges
2.3.4 Digital Banking Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Digital Banking Players by Revenue
3.1.1 Global Top Digital Banking Players by Revenue (2019-2024)
3.1.2 Global Digital Banking Revenue Market Share by Players (2019-2024)
3.2 Global Digital Banking Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Digital Banking Revenue
3.4 Global Digital Banking Market Concentration Ratio
3.4.1 Global Digital Banking Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Digital Banking Revenue in 2023
3.5 Digital Banking Key Players Head office and Area Served
3.6 Key Players Digital Banking Product Solution and Service
3.7 Date of Enter into Digital Banking Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Digital Banking Breakdown Data by Terminal
4.1 Global Digital Banking Historic Market Size by Terminal (2019-2024)
4.2 Global Digital Banking Forecasted Market Size by Terminal (2025-2030)
5 Digital Banking Breakdown Data by Application
5.1 Global Digital Banking Historic Market Size by Application (2019-2024)
5.2 Global Digital Banking Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Digital Banking Market Size (2019-2030)
6.2 North America Digital Banking Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Digital Banking Market Size by Country (2019-2024)
6.4 North America Digital Banking Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Digital Banking Market Size (2019-2030)
7.2 Europe Digital Banking Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Digital Banking Market Size by Country (2019-2024)
7.4 Europe Digital Banking Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Digital Banking Market Size (2019-2030)
8.2 Asia-Pacific Digital Banking Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Digital Banking Market Size by Region (2019-2024)
8.4 Asia-Pacific Digital Banking Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Digital Banking Market Size (2019-2030)
9.2 Latin America Digital Banking Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Digital Banking Market Size by Country (2019-2024)
9.4 Latin America Digital Banking Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Digital Banking Market Size (2019-2030)
10.2 Middle East & Africa Digital Banking Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Digital Banking Market Size by Country (2019-2024)
10.4 Middle East & Africa Digital Banking Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Urban FT
11.1.1 Urban FT Company Detail
11.1.2 Urban FT Business Overview
11.1.3 Urban FT Digital Banking Introduction
11.1.4 Urban FT Revenue in Digital Banking Business (2019-2024)
11.1.5 Urban FT Recent Development
11.2 Kony
11.2.1 Kony Company Detail
11.2.2 Kony Business Overview
11.2.3 Kony Digital Banking Introduction
11.2.4 Kony Revenue in Digital Banking Business (2019-2024)
11.2.5 Kony Recent Development
11.3 Backbase
11.3.1 Backbase Company Detail
11.3.2 Backbase Business Overview
11.3.3 Backbase Digital Banking Introduction
11.3.4 Backbase Revenue in Digital Banking Business (2019-2024)
11.3.5 Backbase Recent Development
11.4 Technisys
11.4.1 Technisys Company Detail
11.4.2 Technisys Business Overview
11.4.3 Technisys Digital Banking Introduction
11.4.4 Technisys Revenue in Digital Banking Business (2019-2024)
11.4.5 Technisys Recent Development
11.5 Infosys
11.5.1 Infosys Company Detail
11.5.2 Infosys Business Overview
11.5.3 Infosys Digital Banking Introduction
11.5.4 Infosys Revenue in Digital Banking Business (2019-2024)
11.5.5 Infosys Recent Development
11.6 Digiliti Money
11.6.1 Digiliti Money Company Detail
11.6.2 Digiliti Money Business Overview
11.6.3 Digiliti Money Digital Banking Introduction
11.6.4 Digiliti Money Revenue in Digital Banking Business (2019-2024)
11.6.5 Digiliti Money Recent Development
11.7 Innofis
11.7.1 Innofis Company Detail
11.7.2 Innofis Business Overview
11.7.3 Innofis Digital Banking Introduction
11.7.4 Innofis Revenue in Digital Banking Business (2019-2024)
11.7.5 Innofis Recent Development
11.8 Mobilearth
11.8.1 Mobilearth Company Detail
11.8.2 Mobilearth Business Overview
11.8.3 Mobilearth Digital Banking Introduction
11.8.4 Mobilearth Revenue in Digital Banking Business (2019-2024)
11.8.5 Mobilearth Recent Development
11.9 D3 Banking Technology
11.9.1 D3 Banking Technology Company Detail
11.9.2 D3 Banking Technology Business Overview
11.9.3 D3 Banking Technology Digital Banking Introduction
11.9.4 D3 Banking Technology Revenue in Digital Banking Business (2019-2024)
11.9.5 D3 Banking Technology Recent Development
11.10 Alkami
11.10.1 Alkami Company Detail
11.10.2 Alkami Business Overview
11.10.3 Alkami Digital Banking Introduction
11.10.4 Alkami Revenue in Digital Banking Business (2019-2024)
11.10.5 Alkami Recent Development
11.11 Q2
11.11.1 Q2 Company Detail
11.11.2 Q2 Business Overview
11.11.3 Q2 Digital Banking Introduction
11.11.4 Q2 Revenue in Digital Banking Business (2019-2024)
11.11.5 Q2 Recent Development
11.12 Misys
11.12.1 Misys Company Detail
11.12.2 Misys Business Overview
11.12.3 Misys Digital Banking Introduction
11.12.4 Misys Revenue in Digital Banking Business (2019-2024)
11.12.5 Misys Recent Development
11.13 SAP
11.13.1 SAP Company Detail
11.13.2 SAP Business Overview
11.13.3 SAP Digital Banking Introduction
11.13.4 SAP Revenue in Digital Banking Business (2019-2024)
11.13.5 SAP Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Published By : QY Research

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