New Jersey, United Kingdom, Nov. 26, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Digital Banking Market By Component (Platforms & Services), By Banking Type (Retail Banking, Corporate Banking, & Investment Banking), By Services (Transactional Services & Non-Transactional Services), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 - 2026” in its research database
“According to the latest research study, the demand of global Digital Banking Market size & share expected to reach to USD 13.9 Billion by 2026 from USD 7.9 Billion in 2020, at a compound annual growth rate (CAGR) of 9.9% during the forecast period 2021 to 2026”
What is Digital Banking? Report Overview & Coverage:
Digital banking solution measures are the broader aspect of online banking tools whereas the entirety of the banking services is delivered over the Internet. Digital banking involves the rising levels of automation processes coupled with web-based services and includes APIs that give them the ability to implement cross-institutional services in order to deliver a smooth and efficient banking experience for its users. Furthermore, these services can be accessed for users in the desktops, mobile, and ATM services.
Request Your Free Sample Report of Global Digital Banking Market @ https://www.fnfresearch.com/sample/digital-banking-market-by-banking-type-retail-banking-100
(The free sample of this report is readily available on request).
Our Free Sample Report Includes:
- 2020 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 225+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Industry Major Market Players
- Alkami
- Apiture
- Appway
- Backbase
- BNY Mellon
- Intellect Design Area
- EdgeVerve
- ebankIT
- Finastra
- Fiserv
- Oracle
- MuleSoft
- nCino
- NCR
- NETinfo
- SAP
- Sopra Banking Software
- TCS
- Technisys
- Temenos
- TPS
- Velmie
- Worldline
- JPMorgan Chase
- China Merchants Bank
- Wells Fargo
- HSBC Group
Key questions answered in this report:
- What is the projected market size & growth rate of the Digital Banking Market?
- What are the key driving factors for the growth of the Digital Banking Market?
- What are the top companies operative in Digital Banking Market?
- What segments are covered in Digital Banking Market?
- How can I get free sample reports/company profiles of the Digital Banking Market?
Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/digital-banking-market-by-banking-type-retail-banking-100
Market Growth Factors
The primary driving factors for the significant growth of the global digital banking market are rising consumer-centric solutions coupled with increasing adoption of customer retention policies to name a few. Additionally, factors pertaining to enhanced services and the ability to provide rapid solutions coupled with Omnichannel capabilities are expected to increase the footprint of the global digital banking market during the forecast period. Moreover, personalized applications and conversations across multiple channels such as voice, web, and mobile coupled with managing end-to-end customer services will open new revenue opportunities for the global digital banking market during the forecast period.
The forecast period for the global digital banking market is expected to be driven by consumers expecting fast-speed and instant transactions coupled with ease of convenience to name a few. Factors pertaining to increased functionality of the applications to cater to individuals or business controls to regulate everyday finances will boost the growth of the global digital banking market during the forecast period. However, concerns relating to data privacy and security are expected to hamper the market growth to some extent during the forecast period.
Global Digital Banking Market: Report Scope
| Report Attribute | Details |
| Market Size 2020 Value | USD 7.9 Billion |
| Market Forecast for 2026 | USD 13.9 Billion |
| Expected CAGR Growth | CAGR 9.9% from 2021-2026 |
| Base Year | 2020 |
| Forecast Year | 2021-2026 |
| Top Market Players | Alkami, Apiture, Appway, Backbase, BNY Mellon, Intellect Design Area, EdgeVerve, ebankIT, Finastra, Fiserv, and Others |
| Segments Covered | Components, Banking Types, Services, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Pricing Options | Request customized purchase options to meet your research needs. Explore purchase options |
Market Segmentation
The global digital banking market is categorized into platforms and services on the basis of components. The platforms segment is expected to witness the largest market share during the advent of the forecast owing to the digitalization of banking services, increased facilitating of digital customer interactions toward a wider range of financial products, and increased transition from brick and mortar stores to multichannel, digital banks. Based on banking type, the global digital banking market is segmented into retail banking, corporate banking, and investment banking. The segment pertaining to retail banking is expected to witness the largest market share during the advent of the forecast owing to factors pertaining to changing consumer behavior and expectations, emerging competitors, and rising technological measures coupled with an increasing number of banking channels to name a few. The global digital banking market is fragmented into transactional services and non-transactional services on the basis of services. The segment pertaining to transactional services is expected to witness the largest market share during the advent of the forecast owing to the increasing penetration of smartphones and connectivity measures coupled with the increasing number and usage of mobile-based applications to name a few.
Request Customized Copy of Report @ https://www.fnfresearch.com/customization/digital-banking-market-by-banking-type-retail-banking-100
(We customize your report according to your research need. Ask our sales team for report customization.)
Still, Looking for More Information? OR Want Data for Inclusion in Magazine, Case Study, or for Media?
Email Directly Here with Detail Information: sales@fnfresearch.com
Regional Dominance:
Asia-Pacific is expected to witness the largest market share during the advent of the forecast owing to the constant rise in technology coupled with an increasing amount of services to name a few. Additionally, rising adoption of technological measures coupled with rising demand from emerging economies in Singapore, Australia, India, China, and Japan to name a few. Moreover, the rising banking capabilities in terms of digital offerings, strong financial positions, and improving digital structure coupled with the rising number of collaborations and partnerships are expected to open new revenue opportunities for the digital banking market during the forecast period. Industrialization and favorable government policies will boost the digital banking market during the forecast period for an increased consumer base.
Browse the full “Digital Banking Market By Component (Platforms & Services), By Banking Type (Retail Banking, Corporate Banking, & Investment Banking), By Services (Transactional Services & Non-Transactional Services), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 - 2026” Report at https://www.fnfresearch.com/digital-banking-market-by-banking-type-retail-banking-100
This report segments the Digital Banking market as follows:
Global Digital Banking Market: By Component Segment Analysis
- Platforms
- Services
- Professional Services
- Managed Services
Global Digital Banking Market: By Banking Type Segment Analysis
- Retail Banking
- Corporate Banking
- Investment Banking
Global Digital Banking Market: By Services Segment Analysis
- Transactional Services
- Cash Deposits & Withdrawals
- Fund Transfers
- Auto-Debit/Auto-Credit Services
- Loans
- Non-Transactional Services
- Information Security
- Risk Management
- Financial Planning
- Stock Advisory
Browse More Related Report:
B2C Mobility Sharing Market: https://www.fnfresearch.com/b2c-mobility-sharing-market
Email Encryption Market: https://www.fnfresearch.com/email-encryption-market
Cyber Security Market: https://www.fnfresearch.com/cyber-security-market
Home Automation Market: https://www.fnfresearch.com/home-automation-market
Artificial Intelligence Market: https://www.fnfresearch.com/artificial-intelligence-market
About Facts & Factors:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.
Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Follow Us LinkedIn: https://www.linkedin.com/company/fnfresearch
Follow Us Twitter: https://twitter.com/fnfresearch
Contact Us:
Sanu Thomas
USA: +1 347 690-0211
United Kingdom: +44 2032 894158
Japan: +81 50 5806 9039
India: +91 96043 17127
Email: sales@fnfresearch.com
Web: https://www.fnfresearch.com
Blog: http://fnfnewsblog.com
