Technological Advancements Shaping The Third-Party Banking Software With Artificial Intelligence (AI)-Powered Automation Industry Trends Gaining Momentum in the Global Third-Party Banking Software Market

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Third-Party Banking Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the third-party banking software market has seen robust growth in recent times. The market, which stood at $28.30 billion in 2024, is projected to reach $30.89 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.1%. This notable advancement during the historic period can be ascribed to the rising embracement of digital banking, escalating demand for economic banking solutions, heightened attention towards fraud detection, increasing dependence on data analytics, and the burgeoning influence of cloud-based banking systems.

Third-Party Banking Software Market Size Forecast: What's the Projected Valuation by 2029?
The projected size of the third-party banking software market is set to undergo significant expansion in the coming years, escalating to an estimated value of $43.25 billion by 2029, with a compound annual growth rate (CAGR) of 8.8%. This expected growth during the forecast period is largely due to the rise in requirements for AI and machine learning applications within the banking sector, the mounting adoption rates of open banking platforms and digital wallets, increased demand for immediate transaction processing, and a growing preference for cloud-native banking solutions. Noteworthy projected trends include the development of cloud-based banking platforms, improvements in data analytics capabilities, progress in biometric authentication methods, creation of seamless payment processing systems, and the incorporation of automation into banking procedures.

View the full report here:
https://www.thebusinessresearchcompany.com/report/third-party-banking-software-global-market-report

What Are the Drivers Transforming the Third-Party Banking Software Market?
The surge in cyberattacks is anticipated to boost the expansion of the third-party banking software market. Cyberattacks denote the deliberate efforts by individuals or groups to penetrate the information system of another person or entity with the aim of causing disturbance or obtaining unauthorized access to computer systems. The growth in cyberattacks can be attributed to the escalating digitalization of services and data, which enhances the attack spectrum and provides more chances for cyber felons to capitalize on weaknesses. Third-party banking software contributes to the prevention of cyberattacks by providing banks with access to superior security technologies that offer continuous surveillance, augmented protection, and rapid reactions to budding threats. To put it in context, in June 2025, the Department for Science, Innovation and Technology, a government department based in the UK, reported that the incidence of ransomware had notably increased among businesses, with the rate of affected entities escalating from less than 0.5% in 2024 to 1% in 2025. Consequently, the surge in cyberattacks is fueling the expansion of the third-party banking software market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=27096&type=smp

What Long-Term Trends Will Define the Future of the Third-Party Banking Software Market?
Prominent players in the third-party banking software market are prioritizing technological advancements like AI-powered automation banking to improve decision-making processes and augment customer experiences, thereby revolutionizing operational efficiency in financial institutions. AI-powered banking entails the amalgamation of AI and automation technologies into banking systems to enhance decision-making capabilities and enable banks to make more intelligent decisions that can provide a customized client experience with reduced manual intervention. For example, in January 2025, Black Dragon Capital LLC, a technology company based in the United States, introduced Open Banking Solutions (OBS), a cloud-native and digital banking platform that empowers local financial institutions to expedite digital transformation and enrich customer experiences. OBS offer distinctive features that bolster both customer experience and financial innovation. These solutions are constructed on API-driven integration, facilitating secure and standardized data exchange between banks and third-party providers. Clients maintain complete control over their financial data via a comprehensive consent management system, ensuring both transparency and trust. It also offers real-time banking information access, facilitating faster credit decisions and customized financial services.

Which Segments in the Third-Party Banking Software Market Offer the Most Profit Potential?
The third-party banking software market covered in this report is segmented -

1) By Product Type: Core Banking Software, Omnichannel Banking Software, Business Intelligence Software, Wealth Management Software, Other Product Types
2) By Deployment: On-Premise, Cloud
3) By Size Of Financial Institution: Small-Sized Financial Institutions, Medium-Sized Financial Institutions, Large Financial Institutions
4) By Application: Risk Management, Information Security, Business Intelligence, Training And Consulting Solutions, Other Applications
5) By End-User: Retail Banks, Commercial Banks, Investment Banks, Other End-Users

Subsegments:
1) By Core Banking Software: Account Management, Loan Management, Deposit Management, Transaction Processing, Compliance Management
2) By Omnichannel Banking Software: Mobile Banking, Internet Banking, Automated Teller Machine Banking, Branch Banking, Call Center Banking
3) By Business Intelligence Software: Data Analytics, Performance Management, Risk Management, Regulatory Reporting, Customer Insights
4) By Wealth Management Software: Portfolio Management, Financial Planning, Investment Management, Retirement Planning, Tax Optimization
5) By Other Product Types: Payment Processing, Customer Relationship Management, Fraud Detection, Treasury Management, Core Integration Tools

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=27096&type=smp

Which Firms Dominate the Third-Party Banking Software Market by Market Share and Revenue in 2025?
Major companies operating in the third-party banking software market are International Business Machines Corporation (IBM), Oracle Corporation, SAP SE, Salesforce Inc., Tata Consultancy Services Limited (TCS), NEC Corporation, Infosys Limited, Fiserv Inc., DXC Technology Company, Fidelity National Information Services Inc. (FIS), Jack Henry & Associates Inc., Finastra Group Holdings Limited, Temenos AG, Misys International Banking Systems Limited , Sopra Banking Software SA, nCino Inc., Intellect Design Arena Limited, Silverlake Axis Ltd., Mambu B.V., Profile Software S.A.

Which Regions Offer the Highest Growth Potential in the Third-Party Banking Software Market?
North America was the largest region in the third-party banking software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the third-party banking software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=27096

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with 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.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.