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Mobile Banking Software Solution Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025
Mobile banking software solutions provide insights into the data related to financial institutions so that organizations can fill the gaps related to the operations and improve their performance. Mobile banking software solutions help the customers to track and analyze their spending. Mobile banking software solutions allow the customers to deposit their cheque also. Mobile banking software solutions allow customers to use payment options including QR code and pay-to-phone payments.
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Mobile banking software solution market: Drivers and Challenges
Increased usage of smartphones and tablets are driving the mobile banking software solutions market. Mobile banking software solutions allow the customers to access their accounts from any remote locations. Mobile banking software solutions allow the organizations to develop native or hybrid applications according to the convenience. Mobile banking software solutions, when deployed through the cloud, reduces the cost associated with in-house infrastructure.
Lack of awareness among the users is the primary challenge for mobile banking software solutions. Reluctant to change from traditional banking methods to mobile banking also challenges the market. Data security and privacy are also one of the challenges for mobile banking software solutions market.
Mobile banking software solution market: Regional Outlook
North America and Western Europe Mobile banking software solution market is predominantly mature as compared to the other regional market as they are fast in the adoption of technology. Mobile banking software solution market in Asia Pacific excluding Japan and Japan are expected to possess maximum potential in the forecast period. Mobile banking software solution market in Latin America and Middle East and Africa are also projected to witness positive growth during the forecast period.
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Key Vendors for Mobile banking software solution market are CR2 Ltd., SAB Group, Fiserv Inc, Temenos Group AG, Infosys Limited, Neptune Software Group B.V.I, Apex Softwares Ltd, Capital Banking Solutions group, EBANQ Holdings BV, and Dais Software Ltd.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Report Highlights:
Detailed overview of parent market, Changing market dynamics in the industry, In-depth market segmentation, Historical, current and projected market size in terms of volume and value, Recent industry trends and developments, Competitive landscape, Strategies of key players and products offered, Potential and niche segments, geographical regions exhibiting promising growth, A neutral perspective on market performance, Must-have information for market players to sustain and enhance their market footprint.
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