openPR Logo
Press release

Online Banking Market Competition to Heat up With Innovative Technologies Going Mainstream Globally |Key players includes ACI Worldwide, Microsoft, Fiserv, Tata Consultancy Services, Cor Financial Solutions, Oracle, Temenos Group AG, Rockall Technologies

05-23-2019 07:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Premium Market Insights

Online Banking Market Competition to Heat up With Innovative

The Online Banking Market size is expected to reach $29,976 million in 2023 from $7,305 million in 2016, growing at a CAGR of 22.6% from 2017 to 2023. Digital banking includes all kinds of online/internet transactions done for various purposes. It is the incorporation of new technologies, to deliver enhanced customer services.

Customer convenience, higher interest rates, and technologically advanced interface majorly drive the market. High security risk of customer’s data hinders the market growth. Growth in smartphone usage, increase in internet penetration among consumers, and increasing technology and growth of developing economies in Asia-Pacific region are some of the key factors, which are fueling the market growth.

Key players profiled in the report include ACI Worldwide (U.S.), Microsoft Corporation (U.S.), Fiserv, Inc. (U.S.), Tata Consultancy Services (India), Cor Financial Solutions Ltd. (UK), Oracle Corporation (U.S.), Temenos Group AG (Switzerland), Rockall Technologies (Ireland), EdgeVerve Systems Limited (India), and Capital Banking Solutions (U.S.)

Get sample copy of report at: http://bit.ly/2WZUlMD

The global online banking market is segmented on the basis of banking type, service type, and geography. Based on banking type, it is classified into retail banking, corporate banking, and investment banking. Based on solution type, it is divided into payments, processing services, customer & channel management, risk Management, and others. Geographically, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Netherland, France, UK, Sweden, and rest of Europe), Asia-Pacific (South Korea, Australia, Singapore, China, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle-East, and Africa).

Key Benefits

A comprehensive analysis of the current trends and future estimations is provided.
The report elucidates key drivers, restraints, and opportunities and a detailed impact analysis from 2017 to 2023.
Porter’s Five Forces model of the industry illustrates the potency of the buyers and suppliers in the market.
A quantitative analysis of the current scenario and the forecast period highlights the financial competency of the market.
The report provides a detailed analysis of the market with respect to banking type, service type, and geography.

Purchase this report at: http://bit.ly/2X6zI1C

Table of Contents

Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Online Banking Market by Banking Type
Chapter 5: Global Online Banking Market by Solution Type
Chapter 6: Online Banking Market by Geography
Chapter 7: Related Industry Insights
Chapter 8: Company Profile

About us:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

We provide best in classcustomer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

Contact us:
Premium Market Insights,
Contact Person: Sameer Joshi
Email: sales@premiummarketinsights.com
Website: www.premiummarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Online Banking Market Competition to Heat up With Innovative Technologies Going Mainstream Globally |Key players includes ACI Worldwide, Microsoft, Fiserv, Tata Consultancy Services, Cor Financial Solutions, Oracle, Temenos Group AG, Rockall Technologies here

News-ID: 1750049 • Views: 223

More Releases from Premium Market Insights

Flexible Solar Cell Market Global Growth Analysis and Forecast Report 2019-2027 …
The report on “Flexible Solar Cell Market” will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims. The demands for energy are ever-increasing owing to the rapid industrialization and urbanization especially in the developing countries of the world. As solar energy is one of the abundant sources of renewable
Micromachining Market Global Growth Analysis and Forecast Report 2019-2027 | Ind …
The report on “Micromachining Market” will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims. The technique used for the fabrication of 3D structures on the micrometer scale is defined as micromachining. The trend of miniaturization especially in the consumer goods and electronics have driven the demands for fabrication
Nanorobotics Market Expected to Reach $11.88 Billion by 2026 - Bruker, JEOL, The …
Nanorobotics Market is accounted for $4.10 Billion in 2017 and is expected to reach $11.88 Billion by 2026 growing at a CAGR of 12.5% during the forecast period. Growing application of nanotechnology and regenerative medicine, rising acceptance and preferment of entrepreneurship and increasing investments by government and universities are the key factors fuelling the market growth. However, high manufacturing cost may hinder the growth of the market. Nanorobotics is an evolving
Healthcare BPO Market Expected to Reach $576.41 billion by 2027 - Cognizant, Geb …
Healthcare BPO Market is accounted for $211.23 billion in 2018 and is expected to reach $576.41 billion by 2027 growing at a CAGR of 11.8% during the forecast period. The rapid increase in clinical process outsourcing (CPO) and the rise of nearshore outsourcing destinations are the factors driving the market. However, the hidden costs of outsourcing, fear of losing visibility and control over the business process are hampering the market

All 5 Releases


More Releases for Banking

Banking Competitor Profile: Santander
Santander is a leading UK provider, and has achieved notable success in recent years with its 123 Current Account, which has attracted substantial numbers of new customers. It also recently acquired a specialist provider of motor finance, which has boosted its market share in lending. Although Santander’s costs relative to income are in line with those of other banks, price competition has hit its net interest margins, and consequently its
India’s first banking robot
Taking a cue from a Japanese bank – Bank of Tokyo-Mitsubishi UFJ – Indian banks plan to use robots with artificial intelligence. Kumbakonam-based City Union Bank launched India’s first robot on-site assistant, known as Lakshmi. The robot imitates human action, thereby reducing the response time to customers by up to 60% and improving accuracy tremendously. The bank became the first to deploy robots that can perform repetitive, high volume and time-consuming
Shadow Banking market
The market study, World Shadow Banking Market Size, Status and Forecast 2022, has been compiled by industry experts and is based on a comprehensive analysis of the Shadow Banking market in the world. The geographical distribution and various segments of the Shadow Banking market are extensively studied in this report. For this report, the Shadow Banking market value is provided for 2016 in USD millions, an expected CAGR % as well
Banking for the Future
Summary: The East Africa Future Banking Summit will provide a forum to discuss challenges and strategies which will lead East African banks to become more lean, efficient and competitive. 19 June, Nairobi: The East Africa Future Banking Summit kicked off today at the Villa Rosa Kempinski with focus on key trends like, Digital Banking, Cryptocurrency, Block-Chain Technology, Cyber Security & Cyber Resilient Strategies being some of the concept that will be decoded
Kuwait Banking Sector Analysis
RNCOS has recently added a new Market Research Report titled, “Kuwait Banking Sector Analysis” to its report gallery. Banking sector is profitable and efficient in most of the Gulf Cooperation Council (GCC) countries. In the Middle East and North Africa (MENA) region, the Kuwaiti banking system is one of the strongest, benefiting from a robust financial profile, strong support mechanism, and limited competition. According to our latest research report on
UAE Banking Sector Analysis
RNCOS has recently added a new Market Research Report titled, “UAE Banking Sector Analysis” to its report gallery. Among the Gulf Cooperation Council (GCC) countries, the United Arab Emirates has the highest degree of banking intermediation in terms of assets, loans, and deposits. The high level of banking penetration in the UAE reflects its relatively developed banking infrastructure. As per the estimations, carried out in our new research report, the