Digital Banking
Digital Banking Market 2020 By Type (Retail Banking, Corporate Banking), By Mode (Online Banking, Mobile Banking), By Deployment Tyoe (On-premises, Cloud) Forecast to 2025
Report ID: BMRC 2789 | Number of pages: 198 | Publish Date: Apr 2020 | Category: ICT and MediaDigital Banking Market is valued at USD 4532.8 Million in 2018 and expected to reach USD 12027.9 Million by 2025 with the CAGR of 14.96% over the forecast period.
Expanded significance of advanced client experience, shorter substitution cycle, and higher security and dependability are some of the major factors driving the market growth.
Scope of Digital Banking Market Report-
Digital Banking is the digitization of all the conventional banking services. In the digital banking, all the banking actions are functioned through the internet. The move from conventional to digital banking is a steady process and is comprised by various levels of digitization of banking service. Digital banking consists of web based services and high levels of process automation and also includes cross institutional service with APIs in order to provide banking products and transactions. It also offers the capability for users to access economic information through mobile desktop and ATM services. It mainly focuses on money transfers, remote deposits, basic online management of accounts and bill pay. It is the availing of banking facilities like balance inquiry, funds transfer, etc. via smart devices over the internet like smartphones, laptop, desktop, and among others. The services could be prolonged via Open API’s, and individuals could even manage their financial portfolio, check credit score, get a preapproved loan, and among others.
Global Digital Banking Market is segmented based on type, mode, deployment type and region & country level. Based upon type, digital banking market is classified into retail banking and corporate banking. Based upon mode, digital banking market is classified into online banking and mobile banking. Based upon deployment type, digital banking market is classified into on-premises and cloud.
The regions covered in this digital banking market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of digital banking is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players of Global Digital Banking Market Report-
Digital Banking market report covers prominent players like Backbase, BNY Mellon, Fiserv, Halcom, Appway, ebanklT, Crealogix, ETRONIKA, Fidor, Finastra, Intellect Design Arena, Oracle, IE Digital, Kony, NETinfo, EdgeVerve Systems, NF Innova, SAB, TCS, Temenos, Technisys, and others.
Global Digital Banking Market Dynamics–
Growing adoption of online and mobile banking platforms, growth in smartphone adoption and internet penetration, integration of advanced technologies, escalating need to provide improved customer experience, rise in retail banking and supportive government initiatives and policies are some of the major factors driving the growth of digital banking market. According to ourworldindata, globally the number of internet users increased from only 413 million in 2000 to over 3.4 billion in 2016. China and India take the top two slots despite having only 50 and 26 percent online, respectively. However, rising threat of cyber-attacks may hamper the growth of the digital banking market. As the cybercriminals are launching more sophisticated and frequent attacks, the number of major data breaches are set to increase over the period.
Global Digital Banking Market Regional Analysis–
Asia Pacific is expected to dominate the global digital banking market. due to the high-volume non-cash and digital transactions in this region. The extensive adoption of electronic & mobile payment solutions in China is the primary factor supporting the market growth. According to the People’s Bank of China, the nation handled more than 125.11 billion non-cash payments businesses with a value over USD 530 trillion in 2016. Mobile payments preserved a rapid growth push in China in 2016 while online payments were also growing rapidly. China’s mobile payment business saw 25.71 billion transactions in 2016, which is an increase of 85.82%. The supportive government policies and initiatives in the emerging economies including India and China also foster the market growth.
North America is growing at a significant pace over forecast period due to rapid surge in e-commerce and high focus on innovation in this region. Additionally, the high adoption of mobile banking & internet banking in the region is promoting the adoption of digital banking solutions for retail payments.
Key Benefits for Global Digital Banking Market Report–
Global market report covers in depth historical and forecast analysis. Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level. Global market report helps to identify opportunities in market place. Global market report covers extensive analysis of emerging trends and competitive landscape.Global Digital Banking Market Segmentation:–
By Type:
- Retail Banking
- Corporate Banking
By Mode:
- Online Banking
- Mobile Banking
By Deployment Tyoe:
- On-premises
- Cloud
By Regional & Country Analysis:
- North America
- US.
- Mexico
- Canada
- Europe
- UK
- France
- Germany
- Italy
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- South America
- Brazil,
- Argentina
- Columbia
- The Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Table of Content 1 Study Coverage 1.1 Digital Banking Product 1.2 Key Market Segments in This Study 1.3 Key Manufacturers Covered 1.4 Market by Type 1.5 Market by Application 1.6 Study Objectives 1.7 Years Considered 2 Executive Summary 2.1 Global Digital Banking Market Size 2.1.1 Global Digital Banking Revenue 2014-2025 2.1.2 Global Digital Banking Production 2014-2025 2.2 Digital Banking Growth Rate (CAGR) 2019-2025 2.3 Analysis of Competitive Landscape 2.3.1 Manufacturers Market Concentration Ratio 2.3.2 Key Digital Banking Manufacturers 2.3.2.1 Digital Banking Manufacturing Base Distribution, Headquarters 2.3.2.2 Manufacturers Digital Banking Product Offered 2.3.2.3 Date of Manufacturers Enter into Digital Banking Market 2.4 Key Trends for Digital Banking Markets & Products 3 Market Size by Manufacturers 3.1 Digital Banking Production by Manufacturers 3.1.1 Digital Banking Production by Manufacturers 3.1.2 Digital Banking Production Market Share by Manufacturers 3.2 Digital Banking Revenue by Manufacturers 3.2.1 Digital Banking Revenue by Manufacturers (2014-2019) 3.2.2 Digital Banking Revenue Share by Manufacturers (2014-2019) 3.3 Digital Banking Price by Manufacturers 3.4 Mergers & Acquisitions, Expansion Plans 4 Digital Banking Production by Regions 4.1 Global Digital Banking Production by Regions 4.1.1 Global Digital Banking Production Market Share by Regions 4.1.2 Global Digital Banking Revenue Market Share by Regions 4.2 North America 4.2.1 North America Digital Banking Production 4.2.2 North America Digital Banking Revenue 4.2.3 Key Players in North America 4.2.4 North America Digital Banking Import & Export 4.3 Europe 4.3.1 Europe Digital Banking Production 4.3.2 Europe Digital Banking Revenue 4.3.3 Key Players in Europe 4.3.4 Europe Digital Banking Import & Export 4.4 China 4.4.1 China Digital Banking Production 4.4.2 China Digital Banking Revenue 4.4.3 Key Players in China 4.4.4 China Digital Banking Import & Export 4.5 Japan 4.5.1 Japan Digital Banking Production 4.5.2 Japan Digital Banking Revenue 4.5.3 Key Players in Japan 4.5.4 Japan Digital Banking Import & Export 5 Digital Banking Consumption by Regions 5.1 Global Digital Banking Consumption by Regions 5.1.1 Global Digital Banking Consumption by Regions 5.1.2 Global Digital Banking Consumption Market Share by Regions 5.2 North America 5.2.1 North America Digital Banking Consumption by Application 5.2.2 North America Digital Banking Consumption by Countries 5.2.3 United States 5.2.4 Canada 5.2.5 Mexico 5.3 Europe 5.3.1 Europe Digital Banking Consumption by Application 5.3.2 Europe Digital Banking Consumption by Countries 5.3.3 Germany 5.3.4 France 5.3.5 UK 5.3.6 Italy 5.3.7 Russia 5.4 Asia Pacific 5.4.1 Asia Pacific Digital Banking Consumption by Application 5.4.2 Asia Pacific Digital Banking Consumption by Regions 5.4.3 China 5.4.4 Japan 5.4.5 South Korea 5.4.6 India 5.4.7 Australia 5.4.8 Indonesia 5.4.9 Thailand 5.4.10 Malaysia 5.4.11 Philippines 5.4.12 Vietnam 5.5 Central & South America 5.5.1 Central & South America Digital Banking Consumption by Application 5.5.2 Central & South America Digital Banking Consumption by Country 5.5.3 Brazil 5.6 Middle East and Africa 5.6.1 Middle East and Africa Digital Banking Consumption by Application 5.6.2 Middle East and Africa Digital Banking Consumption by Countries 5.6.3 Turkey 5.6.4 GCC Countries 5.6.5 Egypt 5.6.6 South Africa 6 Market Size by Type 6.1 Global Digital Banking Production by Type 6.2 Global Digital Banking Revenue by Type 6.3 Digital Banking Price by Type 7 Market Size by Application 7.1 Overview 7.2 Global Digital Banking Breakdown Dada by Application 7.2.1 Global Digital Banking Consumption by Application 7.2.2 Global Digital Banking Consumption Market Share by Application (2014-2019) 8 Manufacturers Profiles 9 Production Forecasts 9.1 Digital Banking Production and Revenue Forecast 9.1.1 Global Digital Banking Production Forecast 2019-2025 9.1.2 Global Digital Banking Revenue Forecast 2019-2025 9.2 Digital Banking Production and Revenue Forecast by Regions 9.2.1 Global Digital Banking Revenue Forecast by Regions 9.2.2 Global Digital Banking Production Forecast by Regions 9.3 Digital Banking Key Producers Forecast 9.3.1 North America 9.3.2 Europe 9.3.3 China 9.3.4 Japan 9.4 Forecast by Type 9.4.1 Global Digital Banking Production Forecast by Type 9.4.2 Global Digital Banking Revenue Forecast by Type 10 Consumption Forecast 10.1 Digital Banking Consumption Forecast by Application 10.2 Digital Banking Consumption Forecast by Regions 10.3 North America Market Consumption Forecast 10.3.1 North America Digital Banking Consumption Forecast by Regions 2019-2025 10.3.2 United States 10.3.3 Canada 10.3.4 Mexico 10.4 Europe Market Consumption Forecast 10.4.1 Europe Digital Banking Consumption Forecast by Regions 2019-2025 10.4.2 Germany 10.4.3 France 10.4.4 UK 10.4.5 Italy 10.4.6 Russia 10.5 Asia Pacific Market Consumption Forecast 10.5.1 Asia Pacific Digital Banking Consumption Forecast by Regions 2019-2025 10.5.2 China 10.5.3 Japan 10.5.4 South Korea 10.5.5 India 10.5.6 Australia 10.5.7 Indonesia 10.5.8 Thailand 10.5.9 Malaysia 10.5.10 Philippines 10.5.11 Vietnam 10.6 Central & South America Market Consumption Forecast 10.6.1 Central & South America Digital Banking Consumption Forecast by Regions 2019-2025 10.6.2 Brazil 10.7 Middle East and Africa Market Consumption Forecast 10.7.1 Middle East and Africa Digital Banking Consumption Forecast by Regions 2019-2025 10.7.2 Turkey 10.7.3 GCC Countries 10.7.4 Egypt 10.7.5 South Africa 11 Value Chain and Sales Channels Analysis 11.1 Value Chain Analysis 11.2 Sales Channels Analysis 11.2.1 Digital Banking Sales Channels 11.2.2 Digital Banking Distributors 11.3 Digital Banking Customers 12 Market Opportunities & Challenges, Risks and Influences Factors Analysis 12.1 Market Opportunities and Drivers 12.2 Market Challenges 12.3 Market Risks/Restraints 12.4 Porter’s Five Forces Analysis 13 Key Findings in the Global Digital Banking Study 14 Appendix 14.1 Research Methodology 14.1.1 Methodology/Research Approach 14.1.1.1 Research Programs/Design 14.1.1.2 Market Size Estimation 14.1.1.3 Market Breakdown and Data Triangulation 14.1.2 Data Source 14.1.2.1 Secondary Sources 14.1.2.2 Primary Sources 14.2 Author Details 14.3 Disclaimer List of Tables and Figures Figure Digital Banking Product Picture Table Digital Banking Key Market Segments in This Study Table Key Manufacturers Digital Banking Covered in This Study Table Global Digital Banking Market Size Growth Rate by Type 2019-2025 & (Million US$) Figure Global Digital Banking Production Market Share by Type in 2018 & 2025 Figure Fixed Digital Banking Product Picture Table Major Manufacturers of Fixed Digital Banking Figure Digital Banking Product Picture Table Major Manufacturers of Portable Digital Banking Table Global Digital Banking Market Size Growth Rate by Application 2019-2025 Figure Global Digital Banking Consumption Market Share by Application in 2018 & 2025 Figure Digital Banking Report Years Considered Figure Global Digital Banking Revenue 2014-2025 (Million US$) Figure Global Digital Banking Production 2014-2025 Table Global Digital Banking Market Size Growth Rate by Regions 2019-2025 & (Million US$) Table Global Manufacturers Market Concentration Ratio Table Digital Banking Manufacturing Base Distribution and Headquarters Table Manufacturers Digital Banking Product Offered Table Date of Manufacturers Enter into Digital Banking Market Table Global Digital Banking Production by Manufacturers (2014-2019) Table Global Digital Banking Production Share by Manufacturers (2014-2019) Figure Global Digital Banking Production Share by Manufacturers in 2018 Table Digital Banking Revenue by Manufacturers (2014-2019) (Million US$) Table Digital Banking Revenue Share by Manufacturers (2014-2019) Table Digital Banking Price by Manufacturers 2014-2019 Table Mergers & Acquisitions, Expansion Plans Table Global Digital Banking Production by Regions 2014-2019 Table Global Digital Banking Production Market Share by Regions 2014-2019 Figure Global Digital Banking Production Market Share by Regions 2014-2019 Figure Global Digital Banking Production Market Share by Regions in 2018 Table Global Digital Banking Revenue by Regions 2014-2019 (Million US$) Table Global Digital Banking Revenue Market Share by Regions 2014-2019 Figure Global Digital Banking Revenue Market Share by Regions 2014-2019 Figure Global Digital Banking Revenue Market Share by Regions in 2018 Figure North America Digital Banking Production and Growth Rate 2014-2019 Figure North America Digital Banking Revenue and Growth Rate 2014-2019 (Million US$) Table North America Digital Banking Import & Export Figure Europe Digital Banking Production and Growth Rate 2014-2019 Figure Europe Digital Banking Revenue and Growth Rate 2014-2019 (Million US$) Table Europe Digital Banking Import & Export Figure China Digital Banking Production and Growth Rate 2014-2019 Figure China Digital Banking Revenue and Growth Rate 2014-2019 (Million US$) Table China Digital Banking Import & Export Figure Japan Digital Banking Production and Growth Rate 2014-2019 Figure Japan Digital Banking Revenue and Growth Rate 2014-2019 (Million US$) Table Japan Digital Banking Import & Export Table Global Digital Banking Consumption by Regions 2014-2019 Table Global Digital Banking Consumption Market Share by Regions 2014-2019 Figure Global Digital Banking Consumption Market Share by Regions 2014-2019 Figure Global Digital Banking Consumption Market Share by Regions in 2018 Figure North America Digital Banking Consumption and Growth Rate (2014-2019) Table North America Digital Banking Consumption by Application (2014-2019) Figure 2018 North America Digital Banking Consumption Market Share by Application Table North America Digital Banking Consumption by Countries (2014-2019) Figure 2018 North America Digital Banking Consumption Market Share by Countries Figure United States Digital Banking Consumption and Growth Rate (2014-2019) Figure Canada Digital Banking Consumption and Growth Rate (2014-2019) Figure Mexico Digital Banking Consumption and Growth Rate (2014-2019) Figure Europe Digital Banking Consumption and Growth Rate (2014-2019) Table Europe Digital Banking Consumption by Application (2014-2019) Figure 2018 Europe Digital Banking Consumption Market Share by Application Table Europe Digital Banking Consumption by Countries (2014-2019) Figure 2018 Europe Digital Banking Consumption Market Share by Countries Figure Germany Digital Banking Consumption and Growth Rate (2014-2019) Figure France Digital Banking Consumption and Growth Rate (2014-2019) Figure UK Digital Banking Consumption and Growth Rate (2014-2019) Figure Italy Digital Banking Consumption and Growth Rate (2014-2019) Figure Russia Digital Banking Consumption and Growth Rate (2014-2019) Figure Asia Pacific Digital Banking Consumption and Growth Rate Table Asia Pacific Digital Banking Consumption by Application (2014-2019) Table Asia Pacific Digital Banking Consumption Market Share by Application (2014-2019) Table Asia Pacific Digital Banking Consumption by Regions (2014-2019) Table Asia Pacific Digital Banking Consumption Market Share by Countries (2014-2019) Figure China Digital Banking Consumption and Growth Rate (2014-2019) Figure Japan Digital Banking Consumption and Growth Rate (2014-2019) Figure South Korea Digital Banking Consumption and Growth Rate (2014-2019) Figure India Digital Banking Consumption and Growth Rate (2014-2019) Figure Australia Digital Banking Consumption and Growth Rate (2014-2019) Figure Indonesia Digital Banking Consumption and Growth Rate (2014-2019) Figure Thailand Digital Banking Consumption and Growth Rate (2014-2019) Figure Malaysia Digital Banking Consumption and Growth Rate (2014-2019) Figure Philippines Digital Banking Consumption and Growth Rate (2014-2019) Figure Vietnam Digital Banking Consumption and Growth Rate (2014-2019) Figure Central & South America Digital Banking Consumption and Growth Rate Table Central & South America Digital Banking Consumption by Application (2014-2019) Figure 2018 Central & South America Digital Banking Consumption Market Share by Application Table Central & South America Digital Banking Consumption by Countries (2014-2019) Figure Central & South America Digital Banking Consumption Market Share by Countries Figure Brazil Digital Banking Consumption and Growth Rate (2014-2019) Figure Middle East and Africa Digital Banking Consumption and Growth Rate Table Middle East and Africa Digital Banking Consumption by Application (2014-2019) Figure 2018 Middle East and Africa Digital Banking Consumption Market Share by Application Table Middle East and Africa Digital Banking Consumption by Countries (2014-2019) Figure Middle East and Africa Digital Banking Consumption Market Share by Countries Figure Turkey Digital Banking Consumption and Growth Rate (2014-2019) Figure GCC Countries Digital Banking Consumption and Growth Rate (2014-2019) Figure Egypt Digital Banking Consumption and Growth Rate (2014-2019) Figure South Africa Digital Banking Consumption and Growth Rate (2014-2019) Table Global Digital Banking Production by Type (2014-2019) Table Global Digital Banking Production Share by Type (2014-2019) Figure Global Digital Banking Production Market Share by Type (2014-2019) Figure Global Digital Banking Production Market Share by Type in 2018 Table Global Digital Banking Revenue by Type (2014-2019) (Million US$) Table Global Digital Banking Revenue Share by Type (2014-2019) Figure Global Digital Banking Revenue Market Share by Type (2014-2019) Figure Global Digital Banking Revenue Market Share by Type in 2018 Table Digital Banking Price by Type 2014-2019 Table Global Digital Banking Consumption by Application (2014-2019) Table Global Digital Banking Consumption by Application (2014-2019) Table Global Digital Banking Consumption Share by Application (2014-2019) Figure Global Digital Banking Consumption Market Share by Application (2014-2019) Figure Global Digital Banking Production Forecast 2019-2025 Figure Global Digital Banking Revenue Forecast 2019-2025 (Million US$) Table Global Digital Banking Revenue Forecast 2019-2025 (Million US$) Table Global Digital Banking Revenue Forecast by Regions 2019-2025 (Million US$) Figure Global Digital Banking Revenue Forecast by Regions 2019-2025 (Million US$) Figure Global Digital Banking Revenue Market Share Forecast by Regions 2019-2025 Table Global Digital Banking Production Forecast by Regions 2019-2025 Figure Global Digital Banking Production Forecast by Regions 2019-2025 Figure Global Digital Banking Production Market Share Forecast by Regions 2019-2025 Figure North America Digital Banking Production Forecast 2019-2025 Figure North America Digital Banking Revenue Forecast 2019-2025 (Million US$) Figure Europe Digital Banking Production Forecast 2019-2025 Figure Europe Digital Banking Revenue Forecast 2019-2025 (Million US$) Figure China Digital Banking Production Forecast 2019-2025 Figure China Digital Banking Revenue Forecast 2019-2025 (Million US$) Figure Japan Digital Banking Production Forecast 2019-2025 Figure Japan Digital Banking Revenue Forecast 2019-2025 (Million US$) Table Global Digital Banking Production Forecast by Type 2019-2025 Figure Global Digital Banking Production Forecast by Type 2019-2025 Figure Global Digital Banking Production Market Share Forecast by Type 2019-2025 Table Global Digital Banking Revenue Forecast by Type 2019-2025 (Million US$) Figure Global Digital Banking Revenue Forecast by Type 2019-2025 (Million US$) Figure Global Digital Banking Revenue Market Share Forecast by Type 2019-2025 Table Global Digital Banking Consumption Forecast by Application 2019-2025 Figure Global Digital Banking Consumption Forecast by Application 2019-2025 Figure Global Digital Banking Consumption Market Share Forecast by Application 2019-2025 Table Global Digital Banking Consumption Forecast by Regions 2019-2025 Figure Global Digital Banking Consumption Forecast by Regions 2019-2025 Figure Global Digital Banking Consumption Market Share Forecast by Regions 2019-2025 Table North America Digital Banking Consumption Forecast by Regions 2019-2025 Figure North America Digital Banking Consumption Forecast 2019-2025 Figure United States Digital Banking Consumption Forecast 2019-2025 Figure Canada Digital Banking Consumption Forecast 2019-2025 Figure Mexico Digital Banking Consumption Forecast 2019-2025 Table Europe Digital Banking Consumption Forecast by Regions 2019-2025 Figure Europe Digital Banking Consumption Forecast 2019-2025 Figure Germany Digital Banking Consumption Forecast 2019-2025 Figure France Digital Banking Consumption Forecast 2019-2025 Figure UK Digital Banking Consumption Forecast 2019-2025 Figure Italy Digital Banking Consumption Forecast 2019-2025 Figure Russia Digital Banking Consumption Forecast 2019-2025 Table Asia Pacific Digital Banking Consumption Forecast by Regions 2019-2025 Figure Asia Pacific Digital Banking Consumption Forecast 2019-2025 Figure China Digital Banking Consumption Forecast 2019-2025 Figure Japan Digital Banking Consumption Forecast 2019-2025 Figure South Korea Digital Banking Consumption Forecast 2019-2025 Figure India Digital Banking Consumption Forecast 2019-2025 Figure Australia Digital Banking Consumption Forecast 2019-2025 Figure Indonesia Digital Banking Consumption Forecast 2019-2025 Figure Thailand Digital Banking Consumption Forecast 2019-2025 Figure Malaysia Digital Banking Consumption Forecast 2019-2025 Figure Philippines Digital Banking Consumption Forecast 2019-2025 Figure Vietnam Digital Banking Consumption Forecast 2019-2025 Table Central & South America Digital Banking Consumption Forecast by Regions 2019-2025 Figure Central & South America Digital Banking Consumption Forecast 2019-2025 Figure Brazil Digital Banking Consumption Forecast 2019-2025 Table Middle East and Africa Digital Banking Consumption Forecast by Regions 2019-2025 Figure Middle East and Africa Digital Banking Consumption Forecast 2019-2025 Figure Turkey Digital Banking Consumption Forecast 2019-2025 Figure GCC Countries Digital Banking Consumption Forecast 2019-2025 Figure Egypt Digital Banking Consumption Forecast 2019-2025 Figure South Africa Digital Banking Consumption Forecast 2019-2025 Figure Digital Banking Value Chain Table Digital Banking Distributors List Table Digital Banking Customers List Table Research Programs/Design for This Report Figure Bottom-up and Top-down Approaches for This Report Figure Data Triangulation Table Key Data Information from Secondary Sources Table Key Data Information from Primary Sources