Press release
Digital Banking Market to Grow at a 18.2% CAGR to 2023 Profiling Urban FT, Kony, Backbase, Technisys, Infosys, Digiliti Money, Innofis, Mobilearth, D3 Banking Technology, Alkami, Q2, Misys, SAP
Over the next five years, projects that Digital Banking Market will register a 18.2% CAGR in terms of revenue, reach US$ 13900 million by 2023, from US$ 5080 million in 2017.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Urban FT, Kony, Backbase, Technisys, Infosys, Digiliti Money, Innofis, Mobilearth, D3 Banking Technology, Alkami, Q2, Misys, SAP.
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This report studies the Digital Banking market. In contrast to the traditional banking business model, Digital Banking is the move to online banking where banking services are delivered over the internet. It has all the same functions as a head office, branch office, online service, bank cards, ATM and point of sale machines.
Digital banking relies on PC or mobile terminals. Digital banking main has the following applications: Retail Digital Banking, SME Digital Banking and Corporate Digital Banking. And SME Digital Banking was the most widely used area which took up about 64.25% of the global total in 2017.
United States is the largest countries of digital banking in the world in the past few years and it will keep increasing in the next few years. United States market took up about 49.7% the global market in 2017, while Europe and China were about 30.80%, 7.12%.
Europe countries like Germany, UK and Spain are developing fast, so does India, which is offering service for many banks and other corporations. There are a few vendors developing digital banking in China, such as IT companies Huawei, Sunline are participating the digital banking business, and they may show a rapid development.
Market Segment by Type, covers:
PC
Mobile
Segmentation by application:
Retail Digital Banking
SME Digital Banking
Corporate Digital Banking
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Research objectives:
To study and analyze the global Digital Banking market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Digital Banking market by identifying its various subsegments.
Focuses on the key global Digital Banking players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Digital Banking with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Digital Banking submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
More Details on this Reports At: https://www.marketstudyreport.com/reports/2018-2023-global-digital-banking-market-report-status-and-outlook
Related Report:
North America and Europe Digital Banking Market by Manufacturers, Regions, Type and Application, Forecast to 2023
This report studies the Digital Banking market. In contrast to the traditional banking business model, Digital Banking is the move to online banking where banking services are delivered over the internet. It has all the same functions as a head office, branch office, online service, bank cards, ATM and point of sale machines.
https://www.marketstudyreport.com/reports/north-america-and-europe-digital-banking-market-by-manufacturers-regions-type-and-application-forecast-to-2023
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