Global Digital Banking Platforms Market is Expected to Reach $6.7 billion by 2025

April 12, 2019 | ICT, Electronics and Semiconductor

Those days are long gone now when people had to visit branch of their respective branches for every smallest transaction or related queries. Digital Banking Platforms have revolutionized entire banking and finance industry in last two decades. There were innumerable issues associated with necessary physical presence of users for transactions including money withdrawals, deposit, and more. With digitalization taking over almost every industry including healthcare, automotive, energy, travel, hospitality and more, banking and finance is not an exception.

Digital Banking Platforms Market intelligence report is recently published comprehensive assessment of the global industry. The report aims to analyze the major market components which are expected to have impact over industry in approaching times including market segmentation, growth driving factors, untapped opportunity, key players and more. The report talks about entire digital banking platforms market while making readers aware about how banking and finance industry has changed for better. This market is mainly driven by changing lifestyles, increasing number of users preferring digital platforms over conventional banking services, growing awareness regarding benefits associated with use, increasing investments infused in the market and more factors of such nature. According to analysts, digital banking platforms market is expected to reach $6.7 billion by 2025 while maintaining 11% growth rate during forecast period.

Owing to increasing pace of rapid growth, many individuals have entered this industry in recent times, however, only few are evaluated in the report as they are considered as key players of digital banking platforms market. To name of few, Backbase, EdgeVerve Systems, Temenos, Finastra, TCS, Appway, NETinfo, Worldline, SAP, BNY Mellon, Oracle, Sopra, CREALOGIX, Fiserv, Intellect Design Arena.

Further, the digital banking platforms market reports entails variety of information in relevance with each segment of the industry. The market is comprised with segments such as banking type, banking mode, deployment type and geographical regions. Banking types segment is further studied across retail banking, corporate banking. Also, talking about banking mode, the report shares vital business intelligence in relevance with online banking and mobile banking. On the basis of deployment type, the study enlists insights in relevance with On-Premises and Cloud. In addition, the digital banking platforms market report shares significant information and data figures in relation with regional markets. It includes analysis of key regions which are likely to create impact over industry in approaching time including North America, Europe, Asia-Pacific, Latin America, Rest of the World.

The digital banking platforms market intelligence study concludes with sharing estimation and forecast derived by analytical perspective and with the help of proven methodology. This study may prove itself beneficial for readers such as key consulting companies & advisers, large, medium-sized, and small enterprises, venture capitalists, value-added resellers (vars), third-party knowledge providers, investment bankers and investors.

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