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PUBLISHER: IMARC | PRODUCT CODE: 1519690
PUBLISHER: IMARC | PRODUCT CODE: 1519690
Third-party Banking Software Market Report by Product, Deployment Type, Application, End-User, and Region 2024-2032
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PAGES: 138 Pages
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The global third-party banking software market size reached US$ 28.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 54.8 Billion by 2032, exhibiting a growth rate (CAGR) of 7.2% during 2024-2032.
The third-party banking software refers to a multi-channel application that performs numerous core banking functions, private wealth management and business intelligence. It is an integrated and customized software solution that outsources and provides end-to-end omnichannel management of banking operations. It is primarily used by commercial, retail and trading banks for improving their interbank network and streamlining their operations. The software aids in minimizing losses due to human errors, maintaining flexibility in operations, improving customer experience and enabling banks to have a competitive edge over other financial institutions.
Third-party Banking Software Market Trends:
Significant growth in the banking, financial services and insurance (BFSI) industry is one of the key factors driving the growth of the market. Furthermore, the integration of various cloud-computing applications with banking software is also providing a boost to the market growth. In comparison to the traditionally used manual methods, there is an increasing preference for computerized accounting for bookkeeping and monetary transactions. In line with this, consumers are also more inclined toward accessing their account details and performing financial transactions using their smartphones, laptop and tablets. Additionally, technological advancements, such as the incorporation of big data analytics in third-party banking software, is creating a positive impact on the market. These analytical tools aid in processing large amounts of data and making efficient business decisions to increase profitability and identify market trends, thus enabling access to valuable insights for effective decision-making. Other factors, including the emerging trend of customer-centric core banking and the growing demand for standardized processes in the banking sector, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global third-party banking software market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, deployment type, application and end-user.
Breakup by Product:
Core Banking Software
Multi-Channel Banking Software
Business Intelligence Software
Others
Breakup by Deployment Type:
On-premises
Cloud-based
Breakup by Application:
Risk Management
Information Security
Business Intelligence
Others
Breakup by End-User:
Commercial Banks
Retail and Trading Banks
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Accenture, Capgemini, Deltek, IBM, Infosys, Microsoft Corporation, NetSuite Inc., Oracle Corporation, SAP SE, Tata Consultancy Services, etc.
Key Questions Answered in This Report:
- How has the global third-party banking software market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global third-party banking software market?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the deployment type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global third-party banking software market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112024A2121
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Third-party Banking Software Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact Of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Core Banking Software
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Multi-Channel Banking Software
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Business Intelligence Software
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Deployment Type
- 7.1 On-premises
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Cloud-based
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Risk Management
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Information Security
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Business Intelligence
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by End-User
- 9.1 Commercial Banks
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Retail and Trading Banks
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Accenture
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Capgemini
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Deltek
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 IBM
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Infosys
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Microsoft Corporation
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 NetSuite Inc.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 SWOT Analysis
- 15.3.8 Oracle Corporation
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 SAP SE
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Tata Consultancy Services
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.1 Accenture
Product Code: SR112024A2121
List of Figures
- Figure 1: Global: Third-party Banking Software Market: Major Drivers and Challenges
- Figure 2: Global: Third-party Banking Software Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Third-party Banking Software Market: Breakup by Product (in %), 2023
- Figure 4: Global: Third-party Banking Software Market: Breakup by Deployment Type (in %), 2023
- Figure 5: Global: Third-party Banking Software Market: Breakup by Application (in %), 2023
- Figure 6: Global: Third-party Banking Software Market: Breakup by End-User (in %), 2023
- Figure 7: Global: Third-party Banking Software Market: Breakup by Region (in %), 2023
- Figure 8: Global: Third-party Banking Software Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 9: Global: Third-party Banking Software (Core Banking Software) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Third-party Banking Software (Core Banking Software) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Third-party Banking Software (Multi-Channel Banking Software) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Third-party Banking Software (Multi-Channel Banking Software) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Third-party Banking Software (Business Intelligence Software) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Third-party Banking Software (Business Intelligence Software) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Third-party Banking Software (Others) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Third-party Banking Software (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Third-party Banking Software (On-premises) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Third-party Banking Software (On-Premises) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Third-party Banking Software (Cloud-based) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Third-party Banking Software (Cloud-based) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Third-party Banking Software (Risk Management) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Third-party Banking Software (Risk Management) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Third-party Banking Software (Information Security) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Third-party Banking Software (Information Security) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Third-party Banking Software (Business Intelligence) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Third-party Banking Software (Business Intelligence) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Third-party Banking Software (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Third-party Banking Software (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Third-party Banking Software (Commercial Banks) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Third-party Banking Software (Commercial Banks) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Third-party Banking Software (Retail and Trading Banks) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Third-party Banking Software (Retail and Trading Banks) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: North America: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: North America: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: United States: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: United States: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Canada: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Canada: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Asia Pacific: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Asia Pacific: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: China: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: China: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Japan: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Japan: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: India: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: India: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: South Korea: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: South Korea: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Australia: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Australia: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Indonesia: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Indonesia: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Others: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Others: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Europe: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Europe: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Germany: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Germany: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: France: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: France: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: United Kingdom: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: United Kingdom: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Italy: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Italy: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Spain: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Spain: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Russia: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Russia: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Others: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Others: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Latin America: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Latin America: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Brazil: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Brazil: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Mexico: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Mexico: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Others: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Others: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Middle East and Africa: Third-party Banking Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Middle East and Africa: Third-party Banking Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Global: Third-party Banking Software Industry: SWOT Analysis
- Figure 82: Global: Third-party Banking Software Industry: Value Chain Analysis
- Figure 83: Global: Third-party Banking Software Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Third-party Banking Software Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Third-party Banking Software Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: Third-party Banking Software Market Forecast: Breakup by Deployment Type (in Million US$), 2024-2032
- Table 4: Global: Third-party Banking Software Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: Third-party Banking Software Market Forecast: Breakup by End-User (in Million US$), 2024-2032
- Table 6: Global: Third-party Banking Software Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Third-party Banking Software Market: Competitive Structure
- Table 8: Global: Third-party Banking Software Market: Key Players
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