Global digital banking market expected to generate around USD 8,646 million by 2025, at a CAGR of around 3.8% between 2019 and 2025. Digital banking is the digitization of the banking sector, where all the banking services and activities can be accessed by users over the internet.
The report covers a forecast and an analysis of the digital banking market on a global and regional level. The study provides historical data for 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the digital banking market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the digital banking market on a global level.
In order to give the users of this report a comprehensive view of the digital banking market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis, the product portfolio of various companies according to regions.
The study provides a decisive view of the digital banking market by segmenting it based on banking type, solution, technology, organization size, payment vertical, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some major players of the global digital banking market are ACI Worldwide, Ally Financial Inc., Backbase, Capital Banking Solution, CR2, Digiliti Money, Inc., Fiserv, Inc., Infosys Ltd., Innofis, JPMorgan Chase & Co., Kony, Inc., Microsoft Corporation, Oracle, Tata Consultancy Services, Technisys, Temenos Headquarters SA, TRG Mobilearth Inc., and Urban FT.
This report segments the global digital banking market into:
Global Digital Banking Market: Banking Type Analysis
Global Digital Banking Market: Solution Analysis
Global Digital Banking Market: Organization Size Analysis
Global Digital Banking Market: Technology Analysis
Global Digital Banking Market: Payment Vertical Analysis
Global Digital Banking Market: Regional Analysis
List of Figures
1. Market research process
2. Market research methodology
3. Global Digital Banking market value and revenue, 2018–2026 (USD Million)
4. Porter’s five forces analysis
5. Digital Banking: Market attractiveness analysis, by Banking Type
6. Digital Banking: Market attractiveness analysis, by Solution
7. Digital Banking: Market attractiveness analysis, by Technology
8. Digital Banking: Market attractiveness analysis, by Organization Size
9. Digital Banking: Market attractiveness analysis, by Payment Vertical
10. Digital Banking: Market attractiveness analysis, by Region
11. Company market share analysis, 2018
12. Global Digital Banking market value share by Banking Type, 2018 and 2026
13. Global Digital Banking market for Retail Banking Market, 2018–2026 (USD Million)
14. Global Digital Banking market for Corporate Banking Market, 2018–2026 (USD Million)
15. Global Digital Banking market for Investment Banking Market, 2018–2026 (USD Million)
16. Global Digital Banking market value share by Solution, 2018 and 2026
17. Global Digital Banking market for Payments, 2018–2026 (USD Million)
18. Global Digital Banking market for Processing Services, 2018–2026 (USD Million)
19. Global Digital Banking market for Customer and Channel Management, 2018–2026 (USD Million)
20. Global Digital Banking market for Risk Management, 2018–2026 (USD Million)
21. Global Digital Banking market value share by Technology, 2018 and 2026
22. Global Digital Banking market for BaaS (Banking as a Service), 2018–2026 (USD Million)
23. Global Digital Banking market for BaaP (Banking as a Platform), 2018–2026 (USD Million)
24. Global Digital Banking market for Cloud-Based, 2018–2026 (USD Million)
25. Global Digital Banking market for White Label Banking, 2018–2026 (USD Million)
26. Global Digital Banking market for Chatbots, 2018–2026 (USD Million)
27. Global Digital Banking market value share by Organization Size, 2018 and 2026
28. Global Digital Banking market for Small- and Medium-Sized Enterprises, 2018–2026 (USD Million)
29. Global Digital Banking market for Large-Sized Enterprises, 2018–2026 (USD Million)
30. Global Digital Banking market value share by Payment Vertical, 2018 and 2026
31. Global Digital Banking market for Banking Cards, 2018–2026 (USD Million)
32. Global Digital Banking market for Unstructured Supplementary Service Data (USSD), 2018–2026 (USD Million)
33. Global Digital Banking market for Uniform Payment Interface (UPI), 2018–2026 (USD Million)
34. Global Digital Banking market for Mobile Wallets, 2018–2026 (USD Million)
35. Global Digital Banking market for Point of Sale (POS), 2018–2026 (USD Million)
36. Global Digital Banking market for Mobile Banking, 2018–2026 (USD Million)
37. Global Digital Banking market for Internet Banking, 2018–2026 (USD Million)
38. Global Digital Banking market for Micro ATMs, 2018–2026 (USD Million)
39. Global Digital Banking market value share by region, 2018 and 2026
40. North America Digital Banking market, 2018–2026 (USD Million)
41. Europe Digital Banking market, 2018–2026 (USD Million)
42. Asia Pacific Digital Banking market, 2018–2026 (USD Million)
43. Latin America Digital Banking market, 2018–2026 (USD Million)
44. The Middle East and Africa Digital Banking market, 2018–2026 (USD Million)
List of Tables
1. Digital Banking market: Market Snapshot
2. Products of Digital Banking market
3. Drivers of global Digital Banking market: Impact analysis
4. Restraints of global Digital Banking market: Impact analysis
5. North America Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
6. North America Digital Banking market revenue, by Solution, 2018–2026 (USD Million)
7. North America Digital Banking market revenue, by Technology, 2018–2026 (USD Million)
8. North America Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
9. North America Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
10. The U.S. Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
11. The U.S. Digital Banking market revenue, by Solution, 2018–2026 (USD Million)
12. The U.S. Digital Banking market revenue, by Technology, 2018–2026 (USD Million)
13. The U.S. Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
14. The U.S. Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
15. Rest of North America Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
16. Rest of North America Digital Banking market revenue, by Solution, 2018–2026 (USD Million)
17. Rest of North America Digital Banking market revenue, by Technology, 2018–2026 (USD Million)
18. Rest of North America Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
19. Rest of North America Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
20. Europe Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
21. Europe Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
22. Europe Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
23. Europe Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
24. Europe Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
25. Germany Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
26. Germany Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
27. Germany Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
28. Germany Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
29. Germany Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
30. UK Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
31. UK Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
32. UK Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
33. UK Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
34. UK Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
35. France Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
36. France Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
37. France Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
38. France Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
39. France Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
40. Spain Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
41. Spain Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
42. Spain Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
43. Spain Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
44. Spain Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
45. Italy Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
46. Italy Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
47. Italy Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
48. Italy Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
49. Italy Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
50. Rest of Europe Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
51. Rest of Europe Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
52. Rest of Europe Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
53. Rest of Europe Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
54. Rest of Europe Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
55. Asia Pacific Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
56. Asia Pacific Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
57. Asia Pacific Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
58. Asia Pacific Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
59. Asia Pacific Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
60. China Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
61. China Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
62. China Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
63. China Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
64. China Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
65. Japan Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
66. Japan Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
67. Japan Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
68. Japan Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
69. Japan Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
70. India Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
71. India Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
72. India Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
73. India Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
74. India Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
75. Rest of Asia Pacific Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
76. Rest of Asia Pacific Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
77. Rest of Asia Pacific Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
78. Rest of Asia Pacific Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
79. Rest of Asia Pacific Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
80. Latin America Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
81. Latin America Digital Banking market revenue, by Solution, 2018–2026 (USD Million)
82. Latin America Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
83. Latin America Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
84. Latin America Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
85. Brazil Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
86. Brazil Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
87. Brazil Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
88. Brazil Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
89. Brazil Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
90. Rest of Latin America Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
91. Rest of Latin America Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
92. Rest of Latin America Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
93. Rest of Latin America Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
94. Rest of Latin America Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
95. The Middle East and Africa Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
96. The Middle East and Africa Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
97. The Middle East and Africa Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
98. The Middle East and Africa Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
99. The Middle East and Africa Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
100. GCC Countries Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
101. GCC Countries Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
102. GCC Countries Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
103. GCC Countries Digital Banking market revenue, by Organization Size, 2018 and 2026 (USD Million)
104. GCC Countries Digital Banking market revenue, by Payment Vertical, 2018 and 2026 (USD Million)
105. South Africa Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
106. South Africa Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
107. South Africa Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
108. South Africa Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
109. South Africa Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
110. Rest of the Middle East and Africa Digital Banking market revenue, by Banking Type, 2018–2026 (USD Million)
111. Rest of the Middle East and Africa Digital Banking market revenue, by Solution, 2018 and 2026 (USD Million)
112. Rest of the Middle East and Africa Digital Banking market revenue, by Organization Size, 2018–2026 (USD Million)
113. Rest of the Middle East and Africa Digital Banking market revenue, by Payment Vertical, 2018–2026 (USD Million)
114. Rest of the Middle East and Africa Digital Banking market revenue, by Technology, 2018 and 2026 (USD Million)
Digital banking is the digitization of the banking sector, where all the banking services and activities can be accessed by users over the internet. All the activities and programs offered by banks are usually available to the customers of a particular branch through designated representatives. However, with the advent and growth of digital banking, customers can now access their financial data and enjoy personalized banking services through their mobiles or desktops. Digital banking includes high levels of automation process and web-based services. It includes APIs (Application Programming Interface) that enables cross-institutional service composition for delivering banking products and performs transactions efficiently. They support businesses to transfer payments easily from one account to another.
The increasing use of digital devices in managing a business, rising demand for cloud-based solutions, and the growing number of smartphones are some major factors that are driving the market digital banking market. Technological advancements along with the advent of AI-based smart solutions have resulted in an increased number of companies opting for these digital solutions. It saves time and provides customers with new solutions at their comfort and discretion. However, the lack of organized internet infrastructure and several security issues may hamper the overall growth of the digital banking market over the forecast period. Change in technological solutions along with the higher emphasis on comfort through connected devices will provide new opportunities for the digital banking market globally.
On the basis of banking type, the market for digital banking is divided into retail, corporate, and investment banking. By solution, the market comprises payments, processing services, customer and channel management, and risk management. The organization sizes of this market include small- and medium-sized enterprises and large-sized enterprises. Based on technology, the digital banking market is divided into BaaS (banking as a service), BaaP (banking as a platform), cloud-based, white label banking, and chatbots. Banking cards, uniform payment interface (UPI), the point of sale (POS), mobile wallets, unstructured supplementary service data (USSD), mobile banking, internet banking, and micro ATMs form the payment vertical of the global digital banking market.
By region, North America holds the maximum share of the digital banking market and is likely to grow significantly over the forecast time period. Technological advancements and the increasing use of AI-based solutions across multiple business sectors are the major growth drivers of the digital banking market in the Asia Pacific region.
Some major players of the global digital banking market are ACI Worldwide, Ally Financial Inc., Backbase, Capital Banking Solutions, CR2, Digiliti Money, Inc., Fiserv, Inc., Infosys Ltd., Innofis, JPMorgan Chase & Co., Kony, Inc., Microsoft Corporation, Oracle, Tata Consultancy Services, Technisys, Temenos Headquarters SA, TRG Mobilearth Inc., and Urban FT.
Request the coronavirus impact analysis across industries and markets
Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No 020-46277770
US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed