LAMEA Mobile Banking Market Size, Share & Trends Analysis Report By Platform (Android, iOS, and Others), By Transaction (Consumer-to-business, and Consumer-to-consumer), By Country and Growth Forecast, 2024

List of Tables

The Latin America, Middle East and Africa Mobile Banking Market would witness market growth of 18.9% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Mobile Banking Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $130.2 Million by 2031. The Argentina market is showcasing a CAGR of 19.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 18.5% during (2024 - 2031).

Consumer preferences are shifting towards convenience, accessibility, and flexibility in banking services. Banking apps offer users the ability to manage their finances anytime, anywhere, without the constraints of traditional branch banking. As customers grow more used to digital interactions in other areas of their lives, they anticipate comparable degrees of accessibility and ease from their banking services.

Likewise, banks and financial institutions are investing heavily in digital transformation initiatives, including developing banking platforms. These initiatives aim to meet the evolving needs of consumers who prefer digital banking channels and to enhance the overall customer experience. banking apps are a key component of these initiatives, providing users convenient access to banking services on their mobile devices.

Greater investment in fintech startups in the region fosters innovation in banking solutions. With increased funding, fintech companies have the resources to develop and enhance banking apps with advanced features and functionalities. The Middle East and North Africa had a 58 percent growth in venture capital for fintech, from $587 million in 2021 to $925 million in 2022. Money rounds are increasing larger, with 131 deals receiving money in 2022 compared to 124 deals in 2021. Venture capital funding to the sector climbed from 21% in 2021 to 29% in 2022. Hence, the increasing fintech industry in the region is propelling the market's growth.

Based on Platform, the market is segmented into Android, iOS, and Others. Based on Transaction, the market is segmented into Consumer-to-business, and Consumer-to-consumer. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

Mitsubishi UFJ Financial Group, Inc. (Mitsubishi group)
JPMorgan Chase & Co.
Wells Fargo & Company
BNP Paribas S.A.
American Express Company
HSBC Holdings plc
UBS AG (UBS Group AG)
CAPITAL ONE FINANCIAL CORPORATION
The Bank of America Corporation
Citigroup Inc.

LAMEA Mobile Banking Market Report Segmentation

By Platform

Android
iOS
Others

By Transaction

Consumer-to-business
Consumer-to-consumer

By Country

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1LAMEA Mobile Banking Market, by Platform
- 1.4.2LAMEA Mobile Banking Market, by Transaction
- 1.4.3LAMEA Mobile Banking Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

4.1KBV Cardinal Matrix
4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Acquisition and Mergers
4.3Top Winning Strategies
- 4.3.1Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2Key Strategic Move: (Mergers & Acquisition: 2021, Jun - 2024, Feb) Leading Players
4.4Porter Five Forces Analysis

Chapter 5.LAMEA Mobile Banking Market by Platform

5.1LAMEA Android Market by Country
5.2LAMEA iOS Market by Country
5.3LAMEA Others Market by Country

Chapter 6.LAMEA Mobile Banking Market by Transaction

6.1LAMEA Consumer-to-business Market by Country
6.2LAMEA Consumer-to-consumer Market by Country

Chapter 7.LAMEA Mobile Banking Market by Country

7.1Brazil Mobile Banking Market
- 7.1.1Brazil Mobile Banking Market by Platform
- 7.1.2Brazil Mobile Banking Market by Transaction
7.2Argentina Mobile Banking Market
- 7.2.1Argentina Mobile Banking Market by Platform
- 7.2.2Argentina Mobile Banking Market by Transaction
7.3UAE Mobile Banking Market
- 7.3.1UAE Mobile Banking Market by Platform
- 7.3.2UAE Mobile Banking Market by Transaction
7.4Saudi Arabia Mobile Banking Market
- 7.4.1Saudi Arabia Mobile Banking Market by Platform
- 7.4.2Saudi Arabia Mobile Banking Market by Transaction
7.5South Africa Mobile Banking Market
- 7.5.1South Africa Mobile Banking Market by Platform
- 7.5.2South Africa Mobile Banking Market by Transaction
7.6Nigeria Mobile Banking Market
- 7.6.1Nigeria Mobile Banking Market by Platform
- 7.6.2Nigeria Mobile Banking Market by Transaction
7.7Rest of LAMEA Mobile Banking Market
- 7.7.1Rest of LAMEA Mobile Banking Market by Platform
- 7.7.2Rest of LAMEA Mobile Banking Market by Transaction

Chapter 8.Company Profiles

8.1Mitsubishi UFJ Financial Group, Inc. (Mitsubishi group)
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Recent strategies and developments:
  - 8.1.3.1Partnerships, Collaborations, and Agreements:
8.2BNP Paribas S.A.
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Regional Analysis
- 8.2.4Recent strategies and developments:
  - 8.2.4.1Partnerships, Collaborations, and Agreements:
  - 8.2.4.2Acquisition and Mergers:
8.3UBS AG (UBS Group AG)
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Recent strategies and developments:
  - 8.3.4.1Partnerships, Collaborations, and Agreements:
8.4Capital One Financial Corporation
- 8.4.1Company Overview
- 8.4.2Financial Analysis
8.5Citigroup Inc.
- 8.5.1Company Overview
- 8.5.2Financial Analysis
8.6JPMorgan Chase & Co.
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Recent strategies and developments:
  - 8.6.4.1Partnerships, Collaborations, and Agreements:
  - 8.6.4.2Acquisition and Mergers:
- 8.6.5SWOT Analysis
8.7HSBC Holdings plc
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Recent strategies and developments:
  - 8.7.3.1Product Launches and Product Expansions:
  - 8.7.3.2Acquisition and Mergers:
8.8The Bank of America Corporation
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
8.9Wells Fargo & Company
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Recent strategies and developments:
  - 8.9.3.1Partnerships, Collaborations, and Agreements:
  - 8.9.3.2Product Launches and Product Expansions:
- 8.9.4SWOT Analysis
8.10.American Express Company
- 8.10.1Company Overview
- 8.10.2Financial Analysis
- 8.10.3Regional Analysis

LIST OF TABLES

TABLE 1LAMEA Mobile Banking Market, 2020 - 2023, USD Million
TABLE 2LAMEA Mobile Banking Market, 2024 - 2031, USD Million
TABLE 3Partnerships, Collaborations and Agreements- Mobile Banking Market
TABLE 4Product Launches And Product Expansions- Mobile Banking Market
TABLE 5Acquisition and Mergers- Mobile Banking Market
TABLE 6LAMEA Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 7LAMEA Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 8LAMEA Android Market by Country, 2020 - 2023, USD Million
TABLE 9LAMEA Android Market by Country, 2024 - 2031, USD Million
TABLE 10LAMEA iOS Market by Country, 2020 - 2023, USD Million
TABLE 11LAMEA iOS Market by Country, 2024 - 2031, USD Million
TABLE 12LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 13LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 14LAMEA Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 15LAMEA Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 16LAMEA Consumer-to-business Market by Country, 2020 - 2023, USD Million
TABLE 17LAMEA Consumer-to-business Market by Country, 2024 - 2031, USD Million
TABLE 18LAMEA Consumer-to-consumer Market by Country, 2020 - 2023, USD Million
TABLE 19LAMEA Consumer-to-consumer Market by Country, 2024 - 2031, USD Million
TABLE 20LAMEA Mobile Banking Market by Country, 2020 - 2023, USD Million
TABLE 21LAMEA Mobile Banking Market by Country, 2024 - 2031, USD Million
TABLE 22Brazil Mobile Banking Market, 2020 - 2023, USD Million
TABLE 23Brazil Mobile Banking Market, 2024 - 2031, USD Million
TABLE 24Brazil Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 25Brazil Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 26Brazil Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 27Brazil Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 28Argentina Mobile Banking Market, 2020 - 2023, USD Million
TABLE 29Argentina Mobile Banking Market, 2024 - 2031, USD Million
TABLE 30Argentina Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 31Argentina Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 32Argentina Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 33Argentina Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 34UAE Mobile Banking Market, 2020 - 2023, USD Million
TABLE 35UAE Mobile Banking Market, 2024 - 2031, USD Million
TABLE 36UAE Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 37UAE Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 38UAE Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 39UAE Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 40Saudi Arabia Mobile Banking Market, 2020 - 2023, USD Million
TABLE 41Saudi Arabia Mobile Banking Market, 2024 - 2031, USD Million
TABLE 42Saudi Arabia Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 43Saudi Arabia Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 44Saudi Arabia Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 45Saudi Arabia Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 46South Africa Mobile Banking Market, 2020 - 2023, USD Million
TABLE 47South Africa Mobile Banking Market, 2024 - 2031, USD Million
TABLE 48South Africa Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 49South Africa Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 50South Africa Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 51South Africa Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 52Nigeria Mobile Banking Market, 2020 - 2023, USD Million
TABLE 53Nigeria Mobile Banking Market, 2024 - 2031, USD Million
TABLE 54Nigeria Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 55Nigeria Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 56Nigeria Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 57Nigeria Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 58Rest of LAMEA Mobile Banking Market, 2020 - 2023, USD Million
TABLE 59Rest of LAMEA Mobile Banking Market, 2024 - 2031, USD Million
TABLE 60Rest of LAMEA Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 61Rest of LAMEA Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 62Rest of LAMEA Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 63Rest of LAMEA Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 64Key Information - Mitsubishi UFJ Financial Group, Inc.
TABLE 65Key Information - BNP Paribas S.A.
TABLE 66Key Information - UBS AG
TABLE 67Key Information - Capital One Financial Corporation
TABLE 68Key Information - Citigroup Inc.
TABLE 69key information - JPMorgan Chase & Co.
TABLE 70Key Information - HSBC Holdings plc
TABLE 71Key Information - The Bank of America Corporation
TABLE 72Key Information - Wells Fargo & Company
TABLE 73Key Information - American Express Company

LAMEA Mobile Banking Market Size, Share & Trends Analysis Report By Platform (Android, iOS, and Others), By Transaction (Consumer-to-business, and Consumer-to-consumer), By Country and Growth Forecast, 2024 - 2031

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