openPR Logo
Press release

Banking-as-a-Service (BaaS) Market to reach USD 1883.18 Bn by 2030, as per Stellar Market Research

08-12-2024 01:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: STELLAR MARKET RESEARCH

Banking-as-a-Service (BaaS) Market

Banking-as-a-Service (BaaS) Market

Anticipated Growth in Revenue:

Stellar Market Research has published a report on Banking-as-a-Service (BaaS) Market which talk about market trends, drivers, restraint, and opportunities. The Banking-as-a-Service (BaaS) Market which was at $591.19 Bn in 2023 will reach $1883.18 Bn by 2030, with an excepted CAGR of 18%.

Banking-as-a-Service (BaaS) Market Overview

The main driver of Banking-as-a-Service (BaaS) Market's growth can be attributed to the access non-financial institutes have through BaaS. This cuts down financial expenses in terms of infrastructure for these institutes. APM, UPI, e-wallets are some examples. APMs in China earned $40 Bn in revenue in 2020, as opposed to $25 Bn worldwide. Banking-as-a-Service provides efficient and hassle-free procedures which are gaining traction amongst people of age 45 years and below.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/req_sample/FMCG-Packaging-Market/1154

North America Banking-as-a-Service (BaaS) Market is expected to witness rapid growth in the forecast period. The region has over $2.8 trillion credit card spending. This translates to roughly 7.9% CAGR and annual cost of payment processing crossing over $78.9 Bn. Asia-Pacific Banking-as-a-Service (BaaS) Market is expected to show rapid growth in the forecast period. The presence of Ascend Money, is providing e-wallet TrueMoney Wallet. WeCard which partnered with MasterCard and TrueMoney Cash Card will help the market even further. Europe shows inclination toward the BaaS service as multiple APIs are providing services in Europe Banking-as-a-Service (BaaS) Market.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/Banking-as-a-Service--BaaS--Market/121

Banking-as-a-Service (BaaS) Market Segments covered

By Type

API-based BaaS
Cloud-based BaaS
By Enterprise

SMEs
Large Enterprises
By Service

Banking IaaS
Banking as a Platform
FinTech SaaS
NBFCs
Banking-as-a-Service (BaaS) Market Players

Bankable
BBVA
ClearBank
Green Dot.
MatchMove Pay Pte. Ltd
Pi1
SolarisBank AG
Starling Bank
Square inc.


๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/Banking-as-a-Service--BaaS--Market/121

Key questions answered in the report

Which is the potential market for Banking-as-a-Service (BaaS) in terms of the region?
What are the drives of the Banking-as-a-Service (BaaS) market?
What is expected to drive the growth of the Banking-as-a-Service (BaaS) market in the forecast period?
What is the projected market size & growth rate of the Banking-as-a-Service (BaaS) Market?
What segments are covered in the Banking-as-a-Service (BaaS) Market report?


Stellar Market Research has also published the following reports:



Underwater Drone Market https://www.stellarmr.com/report/Underwater-Drone-Market/1983

RTD Coffee Market https://www.stellarmr.com/report/RTD-Coffee-Market/1984

Fructose Market https://www.stellarmr.com/report/Fructose-Market/1985

Dairy Market https://www.stellarmr.com/report/Dairy-Market/1986

Packaging Solution Market https://www.stellarmr.com/report/Packaging-Solution-Market/1987

Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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 Banking-as-a-Service (BaaS) Market to reach USD 1883.18 Bn by 2030, as per Stellar Market Research here

News-ID: 3619876 • Views: โ€ฆ

More Releases from STELLAR MARKET RESEARCH

Ready to Eat (RTE) Baked Products and Bakery Premixes Market Share, Industry Growth, Business Strategy, Trends and Regional Outlook 2032
Ready to Eat (RTE) Baked Products and Bakery Premixes Market Share, Industry Gro โ€ฆ
Ready to Eat (RTE) Baked Products and Bakery Premixes Market was estimated at USD 154.85 Bn. in 2024 and the total revenue is projected to grow at CAGR of 7% From 2025 to 2032 reaching nearly USD 231.41 Bn. by 2032. Stellar Market Research published a report "Ready to Eat Baked Products and Bakery Premixes Market and forecast (2025-2032)." The report is a comprehensive analysis of global Ready to Eat Bakedโ€ฆ
Micromotor Market Comprehensive Research Study, Competitive Landscape and Forecast 2025-2032
Micromotor Market Comprehensive Research Study, Competitive Landscape and Foreca โ€ฆ
Micromotor Market was estimated at USD 43.10 Bn in 2024, and its total revenue is projected to grow at a CAGR of 7.1% from 2025 to 2032, reaching nearly USD 69.66 Bn by 2032. Stellar Market Research published a report "Micromotor Market and forecast (2025-2032)." The report is a comprehensive analysis of global Micromotor Market share, size, growth, trends, and forecast. The report also contains competitor analysis and regional analysis andโ€ฆ
Monkeypox Vaccine and Treatment Market Sales and Revenues of Manufacturers Forecast till 2025-2032
Monkeypox Vaccine and Treatment Market Sales and Revenues of Manufacturers Forec โ€ฆ
Monkeypox Vaccine and Treatment Market size was estimated at USD 103.5 Mn in 2024 and the total Global Monkeypox Vaccine and Treatment revenue is projected to grow at a CAGR of 10.20% from 2025 to 2032, reaching nearly USD 225.12 Mn by 2032. Stellar Market Research published a report "Monkey pox Vaccine and Treatment Market and forecast (2025-2032)." The report is a comprehensive analysis of global monkey pox Vaccine and Treatmentโ€ฆ
K12 Education Market Dynamics, Competitive Landscape, Outlook 2025-2032
K12 Education Market Dynamics, Competitive Landscape, Outlook 2025-2032
K12 Education Market Size was valued at USD 2.65 Tn in 2024 and is projected to grow at a CAGR of 12.6% from 2025 to 2032, reaching nearly USD 6.85 Tn by 2032. Stellar Market Research has released a report "K12 Education Market and forecast (2025-2032)." The report is a detailed analysis of the global market share, size, growth, trends, and forecast of K12 Education Market. It also includes competitor andโ€ฆ

All 5 Releases


More Releases for Bank

Mortgage-Backed Security Market 2022: Industry Manufacturers Forecasts- Construc โ€ฆ
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 effectiveโ€ฆ
Doorstep Banking Services Market Challenges and Opportunities in Banking Service โ€ฆ
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 typeโ€ฆ
Payments Landscape in Iran: Opportunities and Risks to 2021- Bank Saderat Iran, โ€ฆ
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 detailedโ€ฆ
India Retail Banking Market Dynamics 2018 by SBI ICICI, HDFC, Axis Bank, Bank of โ€ฆ
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,โ€ฆ
Payments Landscape in Iran: Opportunities and Risks to 2021- Bank Saderat Iran, โ€ฆ
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 detailedโ€ฆ
India Retail Banking Market Dynamics 2018 byย SBI ICICI, HDFC, Axis Bank, Bank o โ€ฆ
Margins among Indian banks remained high at 6.3% in 2017 in comparison to its peersย Chinaย (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 theย market. The same is also true for profitability, with large disparities in return on assets figures. This is due to rising compliance, regulatory, and otherโ€ฆ