Digital Banking Platforms Market Is Booming Worldwide | Oracle, SAP, Itineris, Hansen, Fluentgrid etc Forecast to 2023

Global Digital Banking Platforms Market report describe Digital Banking Platforms Introduction, product scope, market overview, market opportunities, market risk, market driving force. The Global Digital Banking Platforms report analyzes the key regions, with sales, revenue and market share by key countries in these regions.

Digital Banking Platforms Market is projected to grow from US$ 3.3 Billion in 2018 to USD 5.7 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period. The growing demand among banks to deliver enhanced customer experience, the increasing adoption of cloud-based platforms to obtain higher scalability, and the rising adoption of smart phones and tablets are expected to drive the growth of the digital banking platforms market.

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This research study covers the segmentation of the digital banking platforms market by banking type, banking mode, deployment type, and region. These segments are mapped across various regions,such as North America, Europe, APAC,Middle East and Africa (MEA), and Latin America. The report provides in-depth market intelligence regarding the key factors, such as drivers, opportunities, and challenges influencing the growth of the digital banking platforms market across the globe.

Top Kay Players in the “Digital Banking Platforms Market”
• Oracle (US)
• SAP (Germany)
• Itineris (Belgium)
• Hansen (Australia)
• Fluentgrid (India)
• Open International (US)
• Gentrack (New Zealand)
• Milestone Utility Services (US)
• Cayenta (British Columbia)
• Advanced Utility Systems (Canada)
• Engineering (Lazio)
• Indra (Spain)
• Ferranti (Belgium)
• NorthStar Utilities (Canada)
• Vertexone (US)
• IBM (US)
• Wipro (India)
• Agility CIS (New Zealand)
• Avertra (US)
• ATS (US)
• Cogsdale (Canada)
• FATHOM (US)
• EG (Denmark)
• efluid (France)
• Hydro-Comp (Cyprus)

Retail banking segment is estimated to dominate the digital banking platforms market in 2018. Retail banking has emerged as an essential enabler in the digital banking platforms market to translate banking models across the globe. The digital revolution has led to a disrupted marketplace with changing customer behaviors and expectations, emerging competitors, and innovative technologies.

North American region is expected to lead the digital banking platforms market in 2018. The US and Canada are the key countries considered for the North American market analysis. These countries have a major dominance, with sustainable and well-established economies, which empower them to strongly invest in R&D activities, thereby contributing to the development of new technologies in the digital banking platforms market.

Breakdown of profiles of primary participants:
• By Company Type: Tier 1 – 20%, Tier 2 – 42%,and Tier 3 – 38%
• By Designation: C Level – 55%, and Director Level – 38%, andOthers– 7%,
• By Region: North America –35%, Europe – 25%, Asia Pacific (APAC) – 17%, and RoW – 23%

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Digital Banking Platforms Market, By Banking Type: Retail Banking, Corporate Banking
Digital Banking Platforms Market, By Banking Mode: Online Banking. Mobile Banking

Objectives
• To define, describe, segment, and forecast the digital banking platforms market by banking type, banking mode, deployment type, and region
• To forecast the market size of various segments of the market with respect to 5 major regions, namely, North America, Europe, APAC, MEA, and Latin America, along with major countries in each of these regions
• To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall market
• To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
• To track and analyze competitive developments, such as mergers and acquisitions, product developments, partnerships and collaborations, and Research and Development (R&D) activities in the market
• To profile the key market players; generate a comparative analysis based on their business overviews, service offerings, regional presence, business strategies, and key financials; and provide companies in-house statistical tools required to understand the competitive landscape

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