E-banking Market, By Service Type, By Application, By End User (Individual Customers, Small and Medium Enterprises, and Large Enterprises), By Geography

Description

Global e-banking market is estimated to be valued at US$ 9.46 Tn in 2024 and is expected to reach US$ 13.28 Tn by 2031, exhibiting a compound annual growth rate (CAGR) of 5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 9.46 Tn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	5.00%	2031 Value Projection:	US$ 13.28 Tn

Figure. E-banking Market Share (%), By Region, 2024

Global e-banking market has been witnessing significant growth in the past decade due the rising adoption of digital technologies among banks and customers. E-banking refers to the delivery of banking products and services through electronic channels without visiting a brick-and-mortar branch. It provides customers with convenience and allows them to manage their finances from anywhere using internet banking, mobile banking apps, ATMs, phone banking and other digital platforms. While traditional banking dominated the industry for a long time, the COVID-19 pandemic has further accelerated the digital transformation of banking as customers shifted to remote banking solutions for their day to day financial needs.

Market Dynamics:

Global e-banking market is driven by the rising internet and smartphone penetration worldwide coupled with growing customer preference for convenience offered by digital banking services. However, cybersecurity threats associated with online banking and data privacy concerns pose significant challenges to the market growth. Moreover, lack of digital skills in certain demographics also restrains the adoption of e-banking services. On the positive side, advancing technologies such as AI, Blockchain, and biometrics are opening new opportunities for market players to develop innovative products and enhance security features. Furthermore, initiation of government policies promoting financial inclusion are expected to boost the e-banking adoption across developing regions over the forecast period.

Key Features of the Study:

This report provides in-depth analysis of the global e-banking market, and provides market size (US$ Tn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global e-banking market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include JPMorgan Chase & Co., Bank of America, Wells Fargo & Co., Citigroup Inc., HSBC Holdings plc, Goldman Sachs Group, Inc., American Express Company, PayPal Holdings, Inc., Square, Inc. (Block, Inc.), Barclays PLC, UBS Group AG, Standard Chartered PLC, TNP Paribas, ING Group, and Ally Financial Inc.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global e-banking market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global e-banking market

Detailed Segmentation-

By Service Type Insights (Revenue, US$ Tn, 2019 - 2031)
- Online Banking
- Mobile Banking
- Telephone Banking
- Digital Payment Services
- Others
By Application Insights (Revenue, US$ Tn, 2019 - 2031)
- Payments
- Processing Services
- Customer and Channel Management
- Risk Management
- Others
By End User Insights (Revenue, US$ Tn, 2019 - 2031)
- Individual Customers
- Small and Medium Enterprises (SMEs)
- Large Enterprises
Regional Insights (Revenue, US$ Tn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- JPMorgan Chase & Co.
- Bank of America
- Wells Fargo & Co.
- Citigroup Inc.
- HSBC Holdings plc
- Goldman Sachs Group, Inc.
- American Express Company
- PayPal Holdings, Inc.
- Square, Inc. (Block, Inc.)
- Barclays PLC
- UBS Group AG
- Standard Chartered PLC
- TNP Paribas
- ING Group
- Ally Financial Inc.

Product Code: CMI7439

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Service Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global E-banking Market, By Service Type, 2019-2031, (US$ Tn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Online Banking
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)
Mobile Banking
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)
Telephone Banking
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)
Digital Payment Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)

5. Global E-banking Market, By Application, 2019-2031, (US$ Tn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Payments
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)
Processing Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)
Customer and Channel Management
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)
Risk Management
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)

6. Global E-banking Market, By End User, 2019-2031, (US$ Tn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Individual Customers
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)
Small and Medium Enterprises (SMEs)
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)
Large Enterprises
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Tn)

7. Global E-banking Market, By Region, 2019-2031, (US$ Tn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
North America
- Regional Trends
- Market Size and Forecast, By Service Type, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Tn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Tn)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Service Type, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Tn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Tn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Service Type, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Tn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Tn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Service Type, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Tn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Tn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East
- Regional Trends
- Market Size and Forecast, By Service Type, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Tn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Tn)
  - Israel
  - GCC Countries
  - Rest of the Middle East
Africa
- Regional Trends
- Market Size and Forecast, By Service Type, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Tn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Tn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Tn)
  - South Africa
  - North Africa
  - Central Africa

8. Competitive Landscape

Company Profiles
- JPMorgan Chase & Co.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Bank of America
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Wells Fargo & Co.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Citigroup Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- HSBC Holdings plc
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Goldman Sachs Group, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- American Express Company
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- PayPal Holdings, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Square, Inc. (Block, Inc.)
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Barclays PLC
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- UBS Group AG
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Standard Chartered PLC
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- TNP Paribas
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- ING Group
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Ally Financial Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
About us and Sales Contact