PUBLISHER: Lucintel | PRODUCT CODE: 1522988
PUBLISHER: Lucintel | PRODUCT CODE: 1522988
Digital Banking Platform Trends and Forecast
The future of the global digital banking platform market looks promising with opportunities in the retail banking, corporate banking, and investment banking markets. The global digital banking platform market is expected to reach an estimated $19.1 billion by 2030 with a CAGR of 11.5% from 2024 to 2030. The major drivers for this market are increasing demand among banks for delivering enhanced customer experience and rising adoption of cloud-based solutions by financial institutions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Digital Banking Platform by Segment
The study includes a forecast for the global digital banking platform by component, deployment type, banking type, banking mode, and region.
List of Digital Banking Platform Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies digital banking platform companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the digital banking platform companies profiled in this report include-
Digital Banking Platform Market Insights
Lucintel forecasts that platform is expected to witness higher growth over the forecast period as it provides a diverse range of products, including commercial accounts, retail accounts, mobile banking, investment services, real-time transactions, and financial management tools.
Within this market, retail banking will remain the largest segment.
APAC is expected to witness the highest growth over the forecast period due to growing adoption of advanced analytics technologies and entrance of new players in the market.
Features of the Global Digital Banking Platform Market
Market Size Estimates: Digital banking platform market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Digital banking platform market size by various segments, such as by component, deployment type, banking type, banking mode, and region in terms of value ($B).
Regional Analysis: Digital banking platform market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, deployment types, banking types, banking modes, and regions for the digital banking platform market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the digital banking platform market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the digital banking platform market size?
Answer: The global digital banking platform market is expected to reach an estimated $19.1 billion by 2030.
Q2. What is the growth forecast for digital banking platform market?
Answer: The global digital banking platform market is expected to grow with a CAGR of 11.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the digital banking platform market?
Answer: The major drivers for this market are increasing demand among banks for delivering enhanced customer experience and rising adoption of cloud-based solutions by financial institutions.
Q4. What are the major segments for digital banking platform market?
Answer: The future of the digital banking platform market looks promising with opportunities in the retail banking, corporate banking, and investment banking markets.
Q5. Who are the key digital banking platform market companies?
Answer: Some of the key digital banking platform companies are as follows:
Q6. Which digital banking platform market segment will be the largest in future?
Answer: Lucintel forecasts that platform is expected to witness higher growth over the forecast period as it provides a diverse range of products, including commercial accounts, retail accounts, mobile banking, investment services, real-time transactions, and financial management tools.
Q7. In digital banking platform market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to growing adoption of advanced analytics technologies and entrance of new players in the market.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.