openPR Logo
Press release

Online Banking Market Size, Share, Growth, Report and Forecast 2024-2032

03-13-2024 11:23 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Online Banking Market

Online Banking Market

Online Banking Market Outlook

According to the report by Expert Market Research (EMR), the global online banking market size is projected to grow at a CAGR of 12.9% between 2024 and 2032. Aided by the rapid digital transformation and growing consumer preference for digital banking solutions, the market is expected to grow significantly by 2032.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/online-banking-market/requestsample

Online banking, also known as internet banking or e-banking, allows users to conduct a range of financial transactions via the internet. It has become increasingly popular due to its convenience, accessibility, and efficiency. The sector has evolved significantly, moving beyond basic features to include sophisticated services such as remote check deposits, real-time financial advice, personalised banking, and integrated budgeting tools.

The primary driver behind this growth is the increasing penetration of internet and smartphone usage. The widespread availability of high-speed internet and the rising adoption of smartphones have made online banking more accessible than ever before. Users appreciate the ability to manage their finances anytime and anywhere, which has been a significant factor in the online banking market growth.

Another key driver is the changing consumer behaviour towards banking services. There is a growing preference for digital transactions over traditional banking methods. This shift is largely influenced by the younger generation, who favour quick, hassle-free, and secure banking operations. The COVID-19 pandemic further accelerated this trend, as customers increasingly turned to online platforms to avoid physical banking channels.

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/online-banking-market

As per the online banking market analysis, financial institutions are responding to these changes by investing heavily in their digital infrastructure. They are focusing on enhancing the user experience with intuitive interfaces, robust security measures, and innovative features. These investments are not only aimed at attracting new customers but also at retaining existing ones by offering a more convenient and efficient banking experience.

Security remains a crucial aspect of online banking, with banks continuously upgrading their cybersecurity measures to protect against fraud and cyber-attacks. The implementation of advanced security protocols, such as two-factor authentication and biometric verification, has significantly increased consumer trust in online banking services.

Geographically, North America holds a significant portion of the online banking market share, owing to the high internet penetration, well-established financial infrastructure, and the presence of major banks investing in digital transformation. Europe follows closely, with a strong focus on innovation and security in the banking sector.

Online Banking Market Segmentation

The market can be divided based on service type, banking type, and region.

Market Breakup by Service Type

Payments
Processing Services
Customer and Channel Management
Wealth Management
Others

Market Breakup by Banking Type

Retail Banking
Corporate Banking
Investment Banking

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global online banking market. Some of the major players explored in the report by Expert Market Research are as follows:

ACI Worldwide
Capital Banking Solution
Cor Financial Solutions Limited
EdgeVerve Systems Limited
Fiserv, Inc.
Others

Read More Reports

District Heating Market: https://www.expertmarketresearch.com/reports/district-heating-market

Boiler Refractory Material Market: https://www.expertmarketresearch.com/reports/boiler-refractory-material-market

Heating Radiator Market: https://www.expertmarketresearch.com/reports/heating-radiator-market

Blowout Preventer Market: https://www.expertmarketresearch.com/reports/blowout-preventer-market

Media Contact

Company Name: Claight Corporation
Contact Person: Christopher, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

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 Size, Share, Growth, Report and Forecast 2024-2032 here

News-ID: 3427291 • Views:

More Releases from Expert Market Research

AI in Mental Health Market to Reach USD 8.38B by 2035
AI in Mental Health Market to Reach USD 8.38B by 2035
How Is Artificial Intelligence Transforming Mental Healthcare? The Artificial Intelligence in Mental Health Market is rapidly emerging as a transformative force in global healthcare, addressing long-standing challenges such as access, affordability, stigma, and workforce shortages. With more than 970 million people worldwide affected by mental health conditions, the need for scalable, personalized, and data-driven mental health solutions has never been more urgent. The global artificial intelligence in mental health market was valued
Brazil Clinical Microbiology Market USD 390.12M | 5.8% CAGR
Brazil Clinical Microbiology Market USD 390.12M | 5.8% CAGR
Why is the Brazil Clinical Microbiology Market gaining strategic importance within Latin America's healthcare ecosystem? Brazil has one of the largest and most complex healthcare systems in the region, with a growing focus on early disease detection, antimicrobial resistance monitoring, and laboratory automation. Clinical microbiology plays a critical role in identifying infectious diseases, guiding targeted therapies, and supporting public health surveillance. The Brazil clinical microbiology market was valued at USD 390.12 Million
Battery Recycling Market Size, Trends and Forecast 2026-2035
Battery Recycling Market Size, Trends and Forecast 2026-2035
The battery recycling market is gaining steady traction as industries and governments focus more on resource efficiency, environmental compliance, and supply chain security for critical metals. With the rising use of lithium-ion, lead-acid, and nickel-based batteries across electric vehicles, consumer electronics, industrial equipment, and energy storage systems, recycling has moved from being a regulatory requirement to a strategic necessity. Battery recycling helps recover valuable materials like lithium, cobalt, nickel, and
Biometrics Technology Market Size, Trends & Forecast 2026-2035
Biometrics Technology Market Size, Trends & Forecast 2026-2035
The biometrics technology market is witnessing robust growth and is expected to continue expanding at a significant pace. Valued at approximately USD 27.78 billion in 2025, the market is projected to grow at a compound annual growth rate (CAGR) of 10.20% between 2026 and 2035. By 2035, the market is expected to reach USD 73.38 billion. This growth is driven by the increasing need for advanced security solutions, innovations in

All 5 Releases


More Releases for Banking

Banking ERP Software Market: A Catalyst for Banking Excellence
The Banking ERP Software Market is at the forefront of a financial revolution, poised to redefine the way banking institutions operate in the digital age. As the industry grapples with evolving customer expectations, regulatory demands, and technological advancements, ERP software solutions have emerged as indispensable tools for financial institutions. These systems streamline operations, enhance data management, and empower banks to deliver more efficient and customer-centric services. In an era where
Digital Banking Market Report, Worth, Size, Share, Trends, Segmented by Applicat …
Digital Banking Market Size: In 2018, the global Digital Banking market size was 5.180 Billion USD and it is expected to reach 16.200 Billion US$ by the end of 2025, with a CAGR of 15.3% during 2019-2025. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-4N473/Global_Digital_Banking Digital Banking Market Share: • In 2017, North America's economy accounted for about 48.73% of the global Digital Banking market share, while Europe and Asia-Pacific accounted for about 30.22%, 16.54%, respectively. • European countries such
Online Banking Market by Banking Type - Retail Banking, Corporate Banking, and I …
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
Explore Mobile Banking Market with Top Players like Barclays, BOC, SBI, HSBC Mob …
Mobile Banking allow various users to avail banking and financial services through any telecommunication devices. Different kind of services include both information and monetary transaction. Increase in the use of number of smart phones and mobile phones mobile Banking Market has gained its popularity. It is preferable and comfortable by the users than any other means of transaction. Global Mobile Banking Market anticipated to grow at a CAGR of +35% over
Mobile Banking Market Is Booming Worldwide | HSBC Mobile Banking, ICICI Bank Mob …
HTF MI recently introduced Global Mobile Banking Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are HSBC Mobile Banking, ICICI Bank Mobile Banking, U.S. Bank, Santander Mobile
Online Banking Market Report 2018: Segmentation by Banking Type (Retail Banking, …
Global Online Banking market research report provides company profile for 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.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for