Digital banking platform enables banks to offer a digitized banking solution to their customers with all traditional banking activities such as online banking, mobile banking and others. In addition, it provides various banking functionalities such as money deposits, withdrawals transfers, savings account management, application for financial products, loan management, bill payments, and other account services. Furthermore, it provides multi-channel and omni channel banking facilities to their end users. In addition, many banks are adopting this platform for reducing human error and to complete a complicated task more efficiently without consuming more time. Moreover, many banks and financial industries are developing innovative and smart banking platform for reducing operation cost and improving the security of the bank accounts.
Surge in number of internet users and growth in shift from traditional banking to online banking are the major factors driving the growth of the market. In addition, increase in adoption of cloud-based platform to obtain higher scalability fuels the growth of the market. However, security and compliance issues in digital lending platform hampers the growth of the market. Furthermore, growth in usage of machine learning and artificial intelligence in digital banking platform and increase in innovative banking services and rise in corporate investors is expected to provide lucrative opportunity for the market.
The global digital banking platform market is segmented on the basis of component, deployment model, type, banking mode and region. By component, it is bifurcated into solution and service. In terms of deployment model, it is bifurcated into on-premise and cloud. In terms of type, the market is divided into retail banking and corporate banking. As per banking mode, the market is segmented into online banking and mobile banking. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the digital banking platform market analysis are Appway, COR Financial Solution Ltd., Edgeverve, FIS Global, Fiserv, Inc, nCino, Oracle Corporation, SAP SE, Temenos, and Vsoft Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits for Stakeholders
The study provides an in-depth analysis of the global digital banking platform market forecast along with the current & future trends to elucidate the imminent investment pockets.
Information about the key drivers, restraints, and opportunities and their impact analysis on the global digital banking platform market size is provided in the report.
Porters five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2020 to 2027 is provided to determine the market potential.
Key Market Segments
By Component
Solution
Service
By Deployment Model
On-Premise
Cloud
By Type
Retail Banking
Corporate Banking
By Banking Mode
Online Banking
Mobile Banking
By Region
North America
o U.S.
o Canada
Europe
o UK
o Germany
o France
o Italy
o Spain
o Netherlands
o Rest of Europe
Asia-Pacific
o China
o India
o Japan
o Singapore
o Australia
o Rest of Asia-Pacific
LAMEA
o Latin America
o Middle East
o Africa
KEY MARKET PLAYERS
Appway
COR Financial Solution Ltd
Edgeverve
FIS Global
Fiserv, Inc
nCino
Oracle Corporation
SAP SE
Temenos
Vsoft Corporation
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools & models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings
2.1.1.Top impacting factors
2.1.2.Top investment pockets
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key forces shaping Global digital banking platform market
3.3.Market dynamics
3.3.1.Case Studies
3.3.1.1.Case Study 1
3.3.1.2.Case Study 02
3.3.2.Drivers
3.3.2.1.Increase in number of internet users
3.3.2.2.Growth in shift from traditional banking to digital banking
3.3.2.3.Increase in focus of organizations on digitalizing their financial services
3.3.3.Restraint
3.3.3.1.Security and compliance issues
3.3.4.Opportunities
3.3.4.1.Growth in usage of machine learning and artificial intelligence in digital banking platform
3.3.4.2.Increased market for cloud-based integrated products
3.4.COVID-19 impact analysis on digital banking platform market
3.4.1.Impact on digital banking platform market size
3.4.2.Chane in end user trends, budgets, and preferences
3.4.3.Regulatory framework solving market challenges faced by digital banking provider vendors
3.4.4.Economic impact on digital banking platform providers
3.4.5.Strategies to tackle negative impact in the industry
3.4.6.Opportunity window
CHAPTER 4:DIGITAL BANKING PLATFORM MARKET, BY COMPONENT
4.1.Overview
4.2.Solution
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Service
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
CHAPTER 5:DIGITAL BANKING PLATFORM MARKET, BY DEPLOYMENT MODEL
5.1.Overview
5.2.On-premise
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Cloud
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
CHAPTER 6:GLOBAL DIGITAL BANKING PLATFORM MARKET, BY TYPE
6.1.Overview
6.2.Retail Banking
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country
6.3.Corporate Banking
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country
CHAPTER 7:GLOBAL DIGITAL BANKING PLATFORM MARKET, BY MODE
7.1.Overview
7.2.Online banking
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country
7.3.Mobile banking
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country
CHAPTER 8:GLOBAL DIGITAL BANKING PLATFORM MARKET, BY REGION
8.1.Overview
8.2.North America
8.2.1.Key market trends, growth factors and opportunities
8.2.2.Market size and forecast, by component
8.2.3.Market size and forecast, by deployment model
8.2.4.Market size and forecast, by type
8.2.5.Market size and forecast, by mode
8.2.6.Market analysis by Country
8.2.6.1.U.S.
8.2.6.1.1.Market size and forecast, by component
8.2.6.1.2.Market size and forecast, by deployment model
8.2.6.1.3.Market size and forecast, by Type
8.2.6.1.4.Market size and forecast, by mode
8.2.6.2.Canada
8.2.6.2.1.Market size and forecast, by component
8.2.6.2.2.Market size and forecast, by deployment model
8.2.6.2.3.Market size and forecast, by Type
8.2.6.2.4.Market size and forecast, by mode
8.3.Europe
8.3.1.Key market trends, growth factors and opportunities
8.3.2.Market size and forecast, by component
8.3.3.Market size and forecast, by deployment model
8.3.4.Market size and forecast, by type
8.3.5.Market size and forecast, by mode
8.3.6.Market analysis by Country
8.3.6.1.UK
8.3.6.1.1.Market size and forecast, by component
8.3.6.1.2.Market size and forecast, by deployment model
8.3.6.1.3.Market size and forecast, by Type
8.3.6.1.4.Market size and forecast, by mode
8.3.6.2.Germany
8.3.6.2.1.Market size and forecast, by component
8.3.6.2.2.Market size and forecast, by deployment model
8.3.6.2.3.Market size and forecast, by Type
8.3.6.2.4.Market size and forecast, by mode
8.3.6.3.France
8.3.6.3.1.Market size and forecast, by component
8.3.6.3.2.Market size and forecast, by deployment model
8.3.6.3.3.Market size and forecast, by Type
8.3.6.3.4.Market size and forecast, by mode
8.3.6.4.Italy
8.3.6.4.1.Market size and forecast, by component
8.3.6.4.2.Market size and forecast, by deployment model
8.3.6.4.3.Market size and forecast, by Type
8.3.6.4.4.Market size and forecast, by mode
8.3.6.5.Spain
8.3.6.5.1.Market size and forecast, by component
8.3.6.5.2.Market size and forecast, by deployment model
8.3.6.5.3.Market size and forecast, by Type
8.3.6.5.4.Market size and forecast, by mode
8.3.6.6.Netherlands
8.3.6.6.1.Market size and forecast, by component
8.3.6.6.2.Market size and forecast, by deployment model
8.3.6.6.3.Market size and forecast, by Type
8.3.6.6.4.Market size and forecast, by mode
8.3.6.7.Rest of Europe
8.3.6.7.1.Market size and forecast, by component
8.3.6.7.2.Market size and forecast, by deployment model
8.3.6.7.3.Market size and forecast, by Type
8.3.6.7.4.Market size and forecast, by mode
8.4.Asia-Pacific
8.4.1.Key market trends, growth factors and opportunities
8.4.2.Market size and forecast, by component
8.4.3.Market size and forecast, by deployment model
8.4.4.Market size and forecast, by type
8.4.5.Market size and forecast, by mode
8.4.6.Market analysis by Country
8.4.6.1.China
8.4.6.1.1.Market size and forecast, by component
8.4.6.1.2.Market size and forecast, by deployment model
8.4.6.1.3.Market size and forecast, by Type
8.4.6.1.4.Market size and forecast, by mode
8.4.6.2.India
8.4.6.2.1.Market size and forecast, by component
8.4.6.2.2.Market size and forecast, by deployment model
8.4.6.2.3.Market size and forecast, by Type
8.4.6.2.4.Market size and forecast, by mode
8.4.6.3.Japan
8.4.6.3.1.Market size and forecast, by component
8.4.6.3.2.Market size and forecast, by deployment model
8.4.6.3.3.Market size and forecast, by Type
8.4.6.3.4.Market size and forecast, by mode
8.4.6.4.Singapore
8.4.6.4.1.Market size and forecast, by component
8.4.6.4.2.Market size and forecast, by deployment model
8.4.6.4.3.Market size and forecast, by Type
8.4.6.4.4.Market size and forecast, by mode
8.4.6.5.Australia
8.4.6.5.1.Market size and forecast, by component
8.4.6.5.2.Market size and forecast, by deployment model
8.4.6.5.3.Market size and forecast, by Type
8.4.6.5.4.Market size and forecast, by mode
8.4.6.6.Rest of Asia-Pacific
8.4.6.6.1.Market size and forecast, by component
8.4.6.6.2.Market size and forecast, by deployment model
8.4.6.6.3.Market size and forecast, by Type
8.4.6.6.4.Market size and forecast, by mode
8.5.LAMEA
8.5.1.Key market trends, growth factors and opportunities
8.5.2.Market size and forecast, by component
8.5.3.Market size and forecast, by deployment model
8.5.4.Market size and forecast, by type
8.5.5.Market size and forecast, by mode
8.5.6.Market analysis by Country
8.5.6.1.Latin America
8.5.6.1.1.Market size and forecast, by component
8.5.6.1.2.Market size and forecast, by deployment model
8.5.6.1.3.Market size and forecast, by Type
8.5.6.1.4.Market size and forecast, by mode
8.5.6.2.Middle East
8.5.6.2.1.Market size and forecast, by component
8.5.6.2.2.Market size and forecast, by deployment model
8.5.6.2.3.Market size and forecast, by Type
8.5.6.2.4.Market size and forecast, by mode
8.5.6.3.Africa
8.5.6.3.1.Market size and forecast, by component
8.5.6.3.2.Market size and forecast, by deployment model
8.5.6.3.3.Market size and forecast, by Type
8.5.6.3.4.Market size and forecast, by mode
CHAPTER 9:COMPANY PROFILE
9.1.Appway AG
9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Key executives
9.1.4.Product portfolio
9.1.5.Key strategic moves and developments
9.2.Cor Financial Solution Ltd.
9.2.1.Company overview
9.2.2.Key Executives
9.2.3.Company snapshot
9.2.4.Product portfolio
9.2.5.Key strategic moves and developments
9.3.Edgeverve (Subsidiary of Infosys)
9.3.1.Company overview
9.3.2.Key Executives
9.3.3.Company snapshot
9.3.4.Product portfolio
9.3.5.Business performance
9.3.6.Key strategic moves and developments
9.4.FIS
9.4.1.Company overview
9.4.2.Key Executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.Business performance
9.4.7.Key strategic moves and developments
9.6.NCino
9.6.1.Company overview
9.6.2.Key Executives
9.6.3.Company snapshot
9.6.4.Product portfolio
9.6.5.Key strategic moves and developments
9.7.Fiserv, Inc.
9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.Business performance
9.7.7.Key strategic moves and developments
9.8.Oracle Corporation
9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.R&D expenditure
9.8.7.Business performance
9.8.8.Key strategic moves and developments
9.9.SAP SE
9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.R&D expenditure
9.9.7.Business performance
9.9.8.Key strategic moves and developments
9.10.Temenos
9.10.1.Company overview
9.10.2.Key Executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.Business performance
9.10.7.Key strategic moves and developments
9.11.Vsoft Corporation
9.11.1.Company overview
9.11.2.Key Executives
9.11.3.Company snapshot
9.11.4.Product portfolio
9.11.5.Key strategic moves and developments