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Open Banking Market to Witness unstoppable Growth by 2027 | Major Players are BBVA Open Platform Inc., Credit Agricole, DemystData, Figo GmbH, Finastra, FormFree

04-19-2021 07:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Open Banking Market

Open Banking Market

Open banking is a new concept and the growth of the market is expected to increase owing to factors such as favorable government regulations which guide the use of open banking platforms in various financial and banking services. Furthermore, launch of new type of digital currencies by the central governments of various countries will lead surge in demand for open banking platforms through which digital currencies can be used. Moreover, various key players across the globe are collaborating to develop advanced open banking platforms which is another major factor that boosts the growth of the market.

Allied Market Research published a new report, titled, "Open Banking Market by Financial Services (Banking and Capital Markets, Payments, Digital Currencies, and Value Added Services) and Distribution Channel (Bank Channel, App market, Distributors, and Aggregators): Global Opportunity Analysis and Industry Forecast, 2021-2027."

Download Research Sample with Industry Insights (250+ Pages PDF Report) @ https://www.alliedmarketresearch.com/request-sample/3840

The latest study on the Global Open Banking Market covers a wide range of organizations from different regions. It offers a comprehensive information based on market developments, competitions, and challenges faced by the industry. With this, the report also involves the key strategies followed among the market players, major market determinants, and recent trends that helps the industry to expand. The report provides an intense data from 2014 to 2021 and forecasted data till 2027 along with product outline and other growth factors.

Open Banking Market Competitive Analysis:

Leading market players in global Open Banking Market include BBVA Open Platform Inc., Credit Agricole, DemystData, Figo GmbH, Finastra, FormFree, Jack Henry & Associates, Inc., Mambu GmbH, MineralTree Inc., and NCR Corporation.

These players have implemented various strategies such as expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS

• This study contains analytical representation of the Open Banking Market trends with present trends and forthcoming estimations to portray the imminent investment pockets.
• The report provides overall potential to understand the lucrative trends to gain a stronger base in the Open Banking Market.
• The Open Banking Market analysis report offers statistics based on key determinants along with a thorough impact analysis.
• The present market forecast is quantitatively examined from 2021 to 2027 to target the financial capability.
• Porter’s five forces analysis demonstrates the strength of the consumers and suppliers in the industry.

Get detailed COVID-19 impact analysis on the Open Banking Market @ https://www.alliedmarketresearch.com/request-for-customization/3840?reqfor=covid

Open Banking Market Segmentation:

The report provides an in-depth segmentation of the global Open Banking Market. The major segments in the report are examined on the basis of product, type, end user, and regions. The report also involves the tables based on wide-ranging analysis of sales, revenue, growth rate, and revenue share of each for the historic period and the forecast period.

Open Banking Market Regional Analysis:

The market is studied across different regions including North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). The report includes competitive landscape in the regions. These insights assist to develop strategies and construct new opportunities to accomplish excellent results.

KEY QUESTIONS ANSWERED IN THE REPORT:

Q1. At what CAGR will the Open Banking Market is expected to expand in between 2021 - 2027?
Q2. What will be the revenue of Global industry by the end of 2027?
Q3. How can I get sample report for Open Banking Market?
Q4. Which factors drive the growth of the global industry?
Q5. Who are the leading players in Open Banking Market?
Q6. How can I get company profiles of top ten players of Global Market?
Q7. What are the segments of Open Banking Market?
Q8. What are the major growth strategies of Open Banking Market Players?
Q9. By product, which segment is projected to manifest the highest CAGR during 2021 - 2027?
Q10. By Region, which segment dominated in 2020 and would maintain the lead over the forecast period?

Make Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/3840

Key Market Segments:

By Financial Services

• Banking & Capital Markets
• Payments
• Digital Currencies
• Value Added Services

By Distribution Channel

• Bank Channel
• App market
• Distributors
• Aggregators

By Region

• North America

o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o Netherlands
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Singapore
o Australia
o Hong Kong
o Rest of Asia-Pacific and LATAM

Read More at https://www.prnewswire.com/news-releases/open-banking-market-size-to-reach-43-15-billion-globally-by-2026-at-24-4-cagr-says-allied-market-research-301171734.html

CHAPTER 7: COMPANY PROFILES

7.1. BBVA Open Platform Inc.

7.1.1 Company overview
7.1.2 Company snapshot
7.1.4 Operating business segments
7.1.5 Product Portfolio
7.1.6 Key strategic moves and developments

7.2. Credit Agricole

7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Operating business segments
7.2.4 Product Portfolio
7.2.5 Business performance

7.3. DemystData

7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Product portfolio

7.4. figo GmbH

7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Product Portfolio

7.5. Finastra

7.5.1 Company overview
7.5.2 Operating business segments
7.5.3 Product Portfolio
7.5.4 Key strategic moves and developments

7.6. FormFree

7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Product portfolio
7.6.4 Key strategic moves and developments

7.7. Jack Henry & Associates, Inc.

7.7.1 Company overview
7.7.1 Company snapshot.
7.7.1 Operating business segments
7.7.1 Product Portfolio
7.7.1 Business performance

7.8. Mambu GmbH

7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Product portfolio

7.9. MineralTree, Inc.

7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Operating business segments

7.10. NCR Corporation

7.10.1. Company overview
7.10.2 Company snapshot
7.10.3 Operating business segments
7.10.4 Product portfolio
7.10.5 Business performance

Know More at https://www.globenewswire.com/news-release/2020/04/13/2015104/0/en/Open-Banking-Market-Size-to-Reach-43-15-Billion-by-2026-at-24-4-CAGR.html

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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