Press release
Commercial Banking Market : Understanding the Concept and Analyzing Growth Opportunities | 2023 - 2032
The global commercial banking market size was valued at $2540.3 billion in 2021, and is projected to reach $7404.4 billion by 2031, growing at a CAGR of 11.5% from 2022 to 2031.Report Sample PDF : https://www.alliedmarketresearch.com/request-sample/6549
The global commercial banking market experiences growth due to several factors. Commercial banks facilitate transactions through various means such as cheques, digital transfers and payments, and bank drafts. This enables seamless financial transactions for individuals and businesses, including small and mid-sized enterprises. Additionally, commercial banks play a vital role in the economic growth of nations by fostering production, employment, and consumer spending. These factors contribute to the expansion of the global commercial banking market.
Moreover, commercial banks offer significant growth opportunities for global players and the overall market. However, it is important to address the risks associated with theft and fraud, as they can potentially limit the growth of the global market in the future. Implementing robust security measures and proactive risk management strategies will be crucial for sustaining the growth trajectory of the commercial banking sector.
Major Market Players
Bank of America Corporation
Bank of China (BOC)
Barclays Bank PLC
BNP Paribas
China Construction Bank
Citigroup Inc.
HSBC Group
J.P. Morgan Chase & Co.
U.S. Bank
Wells Fargo
The project finance segment to dominate the global market in terms of revenue in 2031
Based on the products, the project finance segment is set to contribute to the highest market share in 2031, accounting for around one-fifth of the global commercial banking market share. The growth of the segment over the forecast period can be attributed to the ability of commercial banks in funding the projects of small as well as large enterprises. However, the commercial lending segment dominated the global market share in 2021. Furthermore, the report also includes other segments such as Commercial Lending, Treasury Management, Syndicated Loans, Capital Market, and Others.
Inquire Before Buying : https://www.alliedmarketresearch.com/purchase-enquiry/6549
The Healthcare segment to contribute a huge share of the global market by 2031
On basis of the application, the healthcare segment accounted for a major share of the global commercial banking market in 2021. The segment contributed nearly one-third of the overall share of the global market. Furthermore, the segment is likely to dominate the market growth even in 2031. The growth of the segment over the forecast period can be credited to large-scale investments made by commercial banks in the healthcare sector. However, the transportation and logistics segment recorded the fastest CAGR of 14.2% during the forecast period. The segmental growth over the forecast period can be credited to the offering of various commercial banking services to transportation and logistics firms.
Asia-Pacific to retain global market domination over 2022-2031
By Region, Asia-Pacific is set to contribute notably toward the global commercial banking market share in 2031. The region is expected to account for around one-third of the global market share in 2031. The growth of the market in the region over the forecast timespan can be credited to the rise in the acceptance of NFC and POS terminals in emerging economies of the region. Furthermore, rise in the mobile, and internet banking and the extension of facilities at ATMs are projected to improve operational efficiency. Furthermore, the Asia-Pacific commercial market is set to record the highest CAGR of 14.2% during 2022-2031. The report also analyses other regions such as North America, LAMEA, and Europe.
Key Benefits for Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the commercial banking market share from 2021 to 2031 to identify the prevailing market opportunities.
The market research is offered along with information related to key drivers, restraints, and commercial banking market opportunity.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the commercial banking market forecast assists in determining the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global commercial banking market outlook.
The report includes the analysis of the regional as well as global commercial banking market trends, key players, market segments, application areas, and market growth strategies.
Request Customization : https://www.alliedmarketresearch.com/request-for-customization/6549
Key Market Segments
Products
Syndicated Loans
Capital Market
Others
Commercial Lending
Treasury Management
Project Finance
Application
Healthcare
Construction
Transportation And Logistics
Media And Entertainment
Others
By Region
North America (U.S., Canada)
Europe (UK, Germany, France, Italy, Spain, Netherlands, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Singapore, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
More Reports:
Open Banking Market : https://www.alliedmarketresearch.com/open-banking-market
Solar Powered ATM Market: https://www.alliedmarketresearch.com/solar-powered-atm-market
Commercial Auto Insurance Market
https://www.alliedmarketresearch.com/commercial-auto-insurance-market-A14156
Voice Banking Market
https://www.alliedmarketresearch.com/voice-banking-market-A31730
Payroll Outsourcing Market:https://www.alliedmarketresearch.com/payroll-outsourcing-market-A31433
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
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and 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.
Contact Us:
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
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
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 Commercial Banking Market : Understanding the Concept and Analyzing Growth Opportunities | 2023 - 2032 here
News-ID: 3049220 • Views: …
More Releases from www.alliedmarketresearch.com
Pet Insurance Market Soars: Projected to Hit $38.3 Billion by 2033 as Demand for …
According to a new report published by Allied Market Research, titled, "Pet Insurance Market, By Policy Coverage (Accident Only, Accident and Illness, and Others), By Animal Type (Dogs, Cats, and Others), and By Sales Channel (Agency, Broker, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". The pet insurance market was valued at $10.10 billion in 2023, and is estimated to reach $38.3 billion by 2033, growing at a CAGR…
Manual Spray Guns Market to Hit $2.6 Billion by 2032 | Key Growth Drivers & Oppo …
Prime determinants of growth
The demand for manual spray guns, which are mostly used for painting consumer durables, has increased because of this need, particularly in developing nations like India, China, and Vietnam. Additionally, there is a greater need for manual spray guns from car manufacturers due to the rising demand for automobiles around the world, particularly in industrialized nations like Europe and North America.
Download PDF Sample Report: www.alliedmarketresearch.com/request…ple/111362
Due to…
Hygienic Cladding Market Poised for Growth: Global Trends & Opportunities 2023-2 …
According to the report, the global hygienic cladding market generated $2.8 billion in 2022, and is anticipated to generate $6 billion by 2032, rising at a CAGR of 8.3% from 2023 to 2032.
Prime Determinants of Growth
The increased awareness & demand for health-related products, the increasing need for safe & healthy environments in healthcare facilities, and hygienic wall cladding's affordability & durability than traditional tiling methods are the factors expected to…
AI in Insurance Market Poised to Reach $45.74 Bn Globally by 2031, Soaring at a …
Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the global AI in insurance industry generated $2.74 billion in 2021, and is anticipated to generate $45.74 billion by 2031, witnessing a CAGR of 32.5% from 2022 to 2031.
➡️𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂 : https://www.alliedmarketresearch.com/request-sample/A11615
Higher deployment cost of AI, advanced machine learning, and lack of skilled labor hamper the market growth. On the contrary, surge in government initiatives…
More Releases for Bank
Mortgage-Backed Security Market 2022: Industry Manufacturers Forecasts- Construc …
The Mortgage-Backed Security research report is the professional report with the premium insights which includes the size of the business, the ongoing patterns, drivers, dangers, conceivable outcomes and primary segments. The Market Report predicts the future progress of the Mortgage-Backed Security market based on accurate estimations. Furthermore, the report offers actionable insights into the future growth of the market based on inputs from industry experts to help readers formulate effective…
Doorstep Banking Services Market Challenges and Opportunities in Banking Service …
Doorstep banking is a facility provided so that user don't have to visit bank branches for routine banking activities like cash deposit, cash withdrawal, cheque deposit, or making a demand draft. The bank extends these facilities at user work place by appointing a service provider on your behalf.
This service was earlier available only to senior citizens but it is available to everyone with nominal fee charges, depending on the type…
Payments Landscape in Iran: Opportunities and Risks to 2021- Bank Saderat Iran, …
Payments Landscape in Iran: Opportunities and Risks to 2021
Publisher's "Payments Landscape in Iran: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the Iranian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including payment cards and cheques during the review-period (2013-17e).
The report also analyzes various payment card markets operating in the industry, and provides detailed…
India Retail Banking Market Dynamics 2018 by SBI ICICI, HDFC, Axis Bank, Bank of …
Margins among Indian banks remained high at 6.3% in 2017 in comparison to its peers China (2.8%) and Malaysia (2.6%). The average cost-to-income ratio remained at around 53% during 2013-17, marginally higher than China (50%) and Malaysia (51%). However, there remain large disparities in operating efficiencies within the market. The same is also true for profitability, with large disparities in return on assets figures. This is due to rising compliance,…
Payments Landscape in Iran: Opportunities and Risks to 2021- Bank Saderat Iran, …
Payments Landscape in Iran: Opportunities and Risks to 2021
Publisher's "Payments Landscape in Iran: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the Iranian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including payment cards and cheques during the review-period (2013-17e).
The report also analyzes various payment card markets operating in the industry, and provides detailed…
India Retail Banking Market Dynamics 2018 by SBI ICICI, HDFC, Axis Bank, Bank o …
Margins among Indian banks remained high at 6.3% in 2017 in comparison to its peers China (2.8%) and Malaysia (2.6%). The average cost-to-income ratio remained at around 53% during 2013-17, marginally higher than China (50%) and Malaysia (51%). However, there remain large disparities in operating efficiencies within the market. The same is also true for profitability, with large disparities in return on assets figures. This is due to rising compliance, regulatory, and other…