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Mobile Banking Market Set for Rapid Growth to $1,824.7 million, registering a CAGR of 12.2% During 2019 – 2026 | HSBC Holdings plc, Ally Financial Inc., Citigroup Inc., American Express Company

08-17-2020 02:42 PM CET | IT, New Media & Software

Press release from: Premium Market Insights

Mobile Banking Market

Mobile Banking Market

The global mobile banking market was valued at $715.3 million in 2018 and is expected to reach $1,824.7 million by 2026, registering a CAGR of 12.2% from 2019-2026.

Mobile banking refers to an internet-based facility provided by a bank or other financial institutions, allowing users to conduct financial transactions remotely using a mobile device. In addition, it typically operates across mobile web or applications developed for iPhone, android, or other devices. Mobile banking is also used for transferring money from one account to another and depositing a check by taking a picture, which is prominently provided feature for mobile banking in the market.

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Leading Players in the Mobile Banking Market:

• American Express Company
• Bank of America Corporation
• BNP Paribas S.A.
• Citigroup Inc.
• HSBC Holdings plc
• JPMorgan Chase & Co.
• Capital Banking Solutions
• Ally Financial Inc.
• Infosys Limited

The Mobile Banking market analysis is intended to provide all participants and vendors with pertinent specifics about growth aspects, roadblocks, threats, and lucrative business opportunities that the market is anticipated to reveal in the coming years. This intelligence study also encompasses the revenue share, market size, market potential, and rate of consumption to draw insights pertaining to the rivalry to gain control of a large portion of the market share.

Key Market Segments

By Transaction

• Consumer-to-consumer
• Consumer-to-business

By Platform

• Android
• iOS
• Others

Competitive landscape

The Mobile Banking Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies to increase their market share. The vendors engaged in the sector are outlined based on their geographic reach, financial performance, strategic moves, and product portfolio. The vendors are gradually widening their strategic moves, along with customer interaction.

Mobile Banking Market Segmented by Region/Country: US, Europe, China, Japan, Middle East & Africa, India, Central & South America

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Points Covered in the Report:

1. The pivotal aspects considered in the Global Mobile Banking Market report consist of leading competitors functioning in the Global Mobile Banking market
2. The report encompasses company profiles prominently positioned in the global market.
3. The sales, corporate strategies, and technological capabilities of leading manufacturers are also mentioned in the report.
4. The driving factors for the growth of the Global Mobile Banking Market are explained exhaustively, along with an in-depth account of the end users in the industry.
5. The report also explains critical application areas of the market to readers/users.
6. The report undertakes a SWOT analysis of the market. In the final section, the report features the opinions and views of industry experts and professionals. The experts also evaluate the export/import policies that might propel the growth of the Global Mobile Banking Market.
7. The report on the Global Mobile Banking Market delivers valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.

Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Mobile Banking Market Size
2.2 Mobile Banking Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Mobile Banking Market Size by Manufacturers
3.2 Mobile Banking Key Players Head office and Area Served
3.3 Key Players Mobile Banking Product/Solution/Service
3.4 Date of Enter into Mobile Banking Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Mobile Banking Sales by Product
4.2 Global Mobile Banking Revenue by Product
4.3 Mobile Banking Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Mobile Banking Breakdown Data by End User

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Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.

Contact US:
Sameer Joshi
Call: US: +1-646-491-9876, Apac: +912067274191
Email: sales@premiummarketinsights.com

About Premium market insights:
Premiummarketinsights.com 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 class customer service and our customer support team is always available to help you on your research queries.

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