The Europe Digital Banking Platform Market would witness market growth of 15.2% CAGR during the forecast period (2020-2026).
The digital banking platform enables the automated distribution of conventional and modern banking products and services directly to end users via interactive channels of communication. In addition, many banks and financial institutions are offering digital banking channels to increase their clients across the globe and offer comfort to their clients. The rise in the number of Internet users and the increase in the change from conventional banking to online banking are key factors driving the growth of the industry.
In addition, an increase in the adoption of a cloud-based platform to improve the scalability of the platform would boost market growth. Nevertheless, security and enforcement problems in the digital lending industry impede the growth of the digital banking platform market. In addition, growth in the use of machine learning and artificial intelligence on the digital banking platform and an increase in innovative banking services and an increase in corporate investors are expected to provide lucrative market opportunities.
The finance sector has been in a secure position for decades, with low client turnover and virtually no geographic competition, with good relations and confidence being the point of selling without any regulatory interference. Nevertheless, new competitors from adjacent industries and start-ups in financial technology are flooding the market with innovative, technology-driven deviations from traditional business models. Consumers often flock to digital challenger banks because of their remote capabilities. Big banks are also investing in digitizing their financial services in order to differentiate themselves from these financial start-ups and other technology players. The smaller players also adapt to changes by catering to the niche customer segment. The banking world is changing these developments. The smaller players also adapt to changes by catering to the niche customer segment. The banking world is changing these developments.
Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Type, the market is segmented into Retail Banking and Corporate Banking. Based on Banking Mode, the market is segmented into Online Banking and Mobile Banking. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Infosys Limited (EdgeVerve Systems), Fidelity Information Services (FIS), Inc., Fiserv, Inc., Oracle Corporation, SAP SE, Temenos AG, The Bank of New York Mellon Corporation, Appway AG, COR Financial Solutions Ltd., and VSoft Corporation.
Scope of the Study
By Deployment Type
• Retail Banking
• Corporate Banking
By Banking Mode
• Online Banking
• Mobile Banking
• Rest of Europe
• Infosys Limited (EdgeVerve Systems)
• Fidelity Information Services (FIS), Inc.
• Fiserv, Inc.
• Oracle Corporation
• SAP SE
• Temenos AG
• The Bank of New York Mellon Corporation
• Appway AG
• COR Financial Solutions Ltd.
• VSoft Corporation
• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free
Our reports have been used by over 10K customers, including:
The Global Real-Time Payments Market size is expected to reach $62.5 billion by 2026, rising at a market growth of 32.3% CAGR during the forecast period. Real-time payments are considered as electronic/digital payments that allow the rapid transfer of funds with the help of a safe payment gateway. Creating web-based businesses like the e-commerce...
The Brazilian retail banking market was valued at USD 439.4 billion. The retail credit is equivalent to 21.6% in Brazil. - Retail banking found to be less sensitive to price competition, exhibited considerably higher returns than corporate banking. - Brazil has the highest representation of digital adventurers in banking as compared...
Beyond the Hype - Insight into Digital Challenger Banks
In the last decade, the concept of the digital-only bank has gone from isolated upstart players to a global phenomenon present in all major regions around the world.In the last two years alone, many digital challenger banks have witnessed...
300 pages •
By The Business Research Company
• Jan 2021
Major companies in the investment banking market include Barclays; JP Morgan; Goldman Sachs; Bank of America Meril Lynch and Morgan Stanley. The global investment banking market is expected to grow from $102.84 billion in 2020 to $111.45 billion in 2021 at a compound annual growth rate (CAGR) of 8.4%. The growth is mainly due to the...
The retail core banking systems market was valued at US$ 5,652.32 million in 2019 and is projected to reach US$ 11,410.83million by 2027; it is expected to grow at a CAGR of 9.5% from 2020 to 2027. Retail core banking systems are solutions for personal banking or consumer banking that offers banks the ability to serve their customers...
Online Banking Market Service Type (Payments, Processing Services, Customer & Channel Management, Wealth Management, and Others), and by Banking Type (Retail Banking, Corporate Banking, and Investment Banking): Global Opportunity Analysis and Industry Forecast, 2020–2027 Online banking is a facility offered by banks...
The Wealth Management Platform market is expected to register a CAGR of 14.37% over the forecast period from 2020 to 2025. Robust wealth management platforms offer support for a broad set of digital channels such as smartphones, tablets, and browsers. Supporting cross-channel experiences reduces friction for financial institution’s customers...
China Retail Banking 2020 - Review, Forecasts, and Future Opportunities
This report explores trends in the Chinese retail banking sector as well as insight into consumer preferences and behaviors.It highlights some of the most important data points available on the performance of the sector...
The retail core banking systems market in Asia Pacific is expected to grow from US$ 1449.7 million in 2019 to US$ 3420.8 million by 2027; it is estimated to grow at a CAGR of 11.6%from 2020 to 2027. The consumerization of information technology (IT) has resulted in the increased dependency of banking customers and employees on products...
189 pages •
By Future Market Insight Global & Consulting Pvt Ltd
• Dec 2020
A recent market study published on the in vitro fertilization banking services market offers global industry analysis for 2015-2019 & opportunity assessment for 2020-2030. The report consists of a comprehensive assessment of the most important market dynamics.
On conducting thorough research on the historical as well as current growth...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.