Press release
Top Growth Driver In The Digital Banking Platform Market 2025: Smartphone Adoption Driving Growth
The global digital banking platform market reached a value of nearly $7.32521 billion in 2024, having grown at a compound annual growth rate (CAGR) of 14.41% since 2019. The market is expected to grow from $7.32521 billion in 2024 to $14.95327 billion in 2029 at a rate of 15.34%. The market is then expected to grow at a CAGR of 14.63% from 2029 and reach $29.59171 billion in 2034.
What strategies are being adopted by key players in the digital banking platform market?
The key players in the market are adopting extensive strategies in the digital banking platform market such as:
• Utilize AI to optimize operations, improve decision-making, and deliver personalized services.
• Establish strategic partnerships to strengthen digital relationship banking.
• Pursue mergers and acquisitions to enhance digital wealth management capabilities.
• Form strategic partnerships to enhance digital identity authentication for secure financial transactions.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7365
To take advantage of opportunities, The Business Research Company suggests that digital banking platform companies enhance offerings:
• Focus on developing innovative solutions.
• Prioritize the advancement of cutting-edge digital banking solutions.
What Is Digital Banking Platform: Market Overview?
A digital banking platform is a technology-driven solution that enables financial institutions to offer banking services through digital channels. These platforms provide customers with access to a wide range of banking functionalities, including account management, fund transfers, bill payments, loan applications and investment services, all through web-based or mobile applications.
The adoption of digital banking platforms is driven by advancements in financial technology, increasing customer demand for seamless and secure banking experiences and regulatory requirements that encourage digital transformation. These platforms are often integrated with complementary services such as payment gateways, cybersecurity solutions and data analytics tools that enhance transaction security, fraud detection and personalized banking experiences. While digital banking platforms replace many traditional branch-based banking functions, they face competition from alternative financial services, including fintech companies, mobile payment apps and cryptocurrency-based financial solutions.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report
https://www.thebusinessresearchcompany.com/sample_request?id=7365&type=smp
Who Are The Major Companies Operating In The Global Digital Banking Platform Market?
The top 10 competitors in the market made up 38.66% of the total market in 2023. Infosys (Finacle) was the largest competitor with a 9.85% share of the market, followed by:
• Q2 Holdings Inc.
• Backbase B.V.
• Oracle Corporation
• Fidelity Information Services (FIS) Global
• Sopra Banking Software (SBS)
• Fiserv Inc.
• Alkami Technology Inc.
• Intellect Design Arena Ltd.
• nCino Inc.
We Offer Customized Report, Click Here
https://www.thebusinessresearchcompany.com/Customise?id=7365&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. We have published over 15,000 reports across 27 industries and 60+ geographies. Our research is powered by 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
We provide continuous and custom research services, offering a range of specialized packages tailored to your needs, including Market Entry Research Package, Competitor Tracking Package, Supplier & Distributor Package and much more.
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 Top Growth Driver In The Digital Banking Platform Market 2025: Smartphone Adoption Driving Growth here
News-ID: 3945546 • Views: …
More Releases from The Business research company
Acute Care Telemedicine Market Size to Reach $66.59 Billion by 2029 | Growth at …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Acute Care Telemedicine Industry?
The expansion of the acute care telemedicine market has been swift in the past few years. The market, which was valued at $28.34 billion in 2024, is projected to increase to $34.66 billion in 2025, following a compound annual…
2025-2034 Weapon Fuze Market Roadmap: Insights for Competitive Advantage
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Weapon Fuze Market Size By 2025?
The size of the weapon fuze market has seen significant growth in the past few years. It is projected to expand from $2.58 billion in 2024 to $2.77 billion in 2025, with a compound annual growth rate (CAGR) of…
Emerging Vehicle Armor Market Trends: Advancements In Civilian Armored Vehicles …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Vehicle Armor Market Size Growth Forecast: What to Expect by 2025?
Over the past few years, the vehicle armor market size has experienced significant growth. It is projected to expand from $7.89 billion in 2024 to $8.39 billion in 2025, boasting a compound annual growth rate (CAGR) of 6.4%.…
Rising Demand For Infrastructure Monitoring Driving Growth Of Market Due To Need …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Unmanned Aerial Vehicle (UAV) Inspection Systems Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size of inspection systems for unmanned aerial vehicles (UAV) has seen a rapid surge. It is projected to expand from $8.03 billion in 2024 to $9.61…
More Releases for Banking
Banking ERP Software Market: A Catalyst for Banking Excellence
The Banking ERP Software Market is at the forefront of a financial revolution, poised to redefine the way banking institutions operate in the digital age. As the industry grapples with evolving customer expectations, regulatory demands, and technological advancements, ERP software solutions have emerged as indispensable tools for financial institutions. These systems streamline operations, enhance data management, and empower banks to deliver more efficient and customer-centric services. In an era where…
Digital Banking Market Report, Worth, Size, Share, Trends, Segmented by Applicat …
Digital Banking Market Size:
In 2018, the global Digital Banking market size was 5.180 Billion USD and it is expected to reach 16.200 Billion US$ 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…
