Global Digital Banking Market Report (Status and Outlook) 2018-2024 Analysis with Key PlayersUrban FT, Kony, Backbase, Technisys, Infosys, Digiliti Money, Innofis

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%. In this report, Research for Markets studies the present scenario (with the base year being 2017) and the growth prospects of global Digital Banking market for 2018-2023. 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.

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Digital banking relies on PC or mobile terminals. It 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.

The key players covered in this report:
• Urban FT
• Kony
• Backbase
• Technisys
• Infosys
• Digiliti Money
• Innofis
• Mobilearth
• D3 Banking Technology
• Alkami
• Q2
• Misys
• SAP

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.
Over the next five years, RFM(Research for Markets) projects that Digital Banking will register a 18.2% CAGR in terms of revenue, reach US$ 13900 million by 2023, from US$ 5080 million in 2017. This report presents a comprehensive overview, market shares and growth opportunities of market by product type, application, key companies and key regions.

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To calculate the market size, Research for Markets considers value generated from the sales of the following segments:
Segmentation by product type:
• PC
• Mobile

We can also provide the customized separate regional or country-level reports, for the following regions:
Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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This report will enable both of the sides in market be an established firm or a relative new entrant. It helps the established firms to know about the moves which are being performed by their competitors and also helps the new entrants by educating them about the market situations and the industry trends.
This report is quite fruitful in helping to understand the market definition and all the aspects of the market including the CAGR value and key profiles.

About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com

This release was published on openPR.