Press release
Digital Banking Platforms Market Growth Projections 2020-2027 by Component, Deployment Model, Banking Mode, Regional Scope and Top Players Analysis | Appway, COR Financial Solution Ltd., Edgeverve, FIS Global, Fiserv, Inc, nCino, Oracle Corp
Digital Banking Platforms Market
Allied Market Research recently published a report, titled, “Digital Banking Platform Market by Component (Solution and Service), Deployment Model (On-Premise and Cloud), Type (Retail Banking and Corporate Banking), and Banking Mode (Online Banking and Mobile Banking): Global Opportunity Analysis and Industry Forecast, 2020–2027”.
The report offers a detailed analysis of the market including dynamic growth factors, constraints, challenges, and opportunities. Moreover, it provides a study of major market players and their recent market strategies to aid new market entrants, stakeholders, and shareholders to devise profitable business strategies. The report offers a detailed study of various strategies adopted by market players to maintain their foothold in the market.
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The Digital Banking Platforms Market report includes an overview of the market, SWOT analysis of the major market players along with financial analysis, portfolio analysis of services and products, and business overview. Moreover, the report includes the latest market developments such as market expansion, joint ventures, product launches for stakeholders to better understand the long-term profitability of the market.
Major segmentation:
The report includes segmentation of the Digital Banking Platforms Market on the basis of type, application, and geography. The study offers an in-depth study on each segment in the market that makes it advantageous to stakeholders and market players to gain a competitive understanding.
The market is analyzed based on geographical penetration along with a study of market performance in each region such as across several regions such as 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, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
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Covid-19 scenario:
The Digital Banking Platforms Market has been significantly affected by the Covid-19 pandemic. The government restrictions and guidelines issued by World Health Organization (WHO) have temporarily suspended the manufacturing facilities. Moreover, the prolonged lockdown across several countries resulted in disruption of the supply chain and increased the raw material prices. This negatively affected the market growth.
Major market players
The report includes a detailed analysis of top players in the Digital Banking Platforms Market including Appway, COR Financial Solution Ltd., Edgeverve, FIS Global, Fiserv, Inc, nCino, Oracle Corporation, SAP SE, Temenos, and Vsoft Corporation.
The competitive analysis of these companies offers a detailed business overview, portfolio analysis of services and products. These companies have adopted various strategies such as partnership, joint ventures, new product launches, mergers & acquisitions, and collaboration to maintain a foothold in the market and help stakeholders understand the market.
Key benefits of the report:
• This report offers a comprehensive analysis of the Digital Banking Platforms Market along with a detailed summary, ongoing market trends, and future estimations to formulate profitable business strategies.
• The study includes a detailed analysis of major determinants of the market such as drivers, restraints, challenges, and opportunities in the Digital Banking Platforms Market.
• The market size is offered to determine the profitable trends to gain a strong foothold in the market.
• The Digital Banking Platforms Market report offers a qualitative and quantitative analysis of the historic and forecast period.
• The report includes Porter’s five forces analysis to understand the influence of the buyers and suppliers in the Digital Banking Platforms Market.
• The report includes the Digital Banking Platforms Market trends and share of major market players.
Get Detailed Analysis of COVID-19 Impact on Digital Banking Platforms Market @ https://www.alliedmarketresearch.com/request-for-customization/5539?reqfor=covid
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key forces shaping Global digital banking platform market
3.3.Market dynamics
3.3.1.Case Studies
3.3.1.1.Case Study 1
3.3.1.2.Case Study 02
3.3.2.Drivers
3.3.2.1.Increase in number of internet users
3.3.2.2.Growth in shift from traditional banking to digital banking
3.3.2.3.Increase in focus of organizations on digitalizing their financial services
3.3.3.Restraint
3.3.3.1.Security and compliance issues
3.3.4.Opportunities
3.3.4.1.Growth in usage of machine learning and artificial intelligence in digital banking platform
3.3.4.2.Increased market for cloud-based integrated products
3.4.COVID-19 impact analysis on digital banking platform market
3.4.1.Impact on digital banking platform market size
3.4.2.Chane in end user trends, budgets, and preferences
3.4.3.Regulatory framework solving market challenges faced by digital banking provider vendors
3.4.4.Economic impact on digital banking platform providers
3.4.5.Strategies to tackle negative impact in the industry
3.4.6.Opportunity window
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ABOUT US
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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