DUBLIN--(BUSINESS WIRE)--The "World Online Banking Market - Opportunities and Forecasts, 2014 - 2022" report has been added to ResearchAndMarkets.com's offering.
The Online Banking Market size is expected to reach $29,976 million in 2023 from $7,305 million in 2016, growing at a CAGR of 22.6% from 2017 to 2023.
Digital banking includes all kinds of online/internet transactions done for various purposes. It is the incorporation of new technologies, to deliver enhanced customer services.
Customer convenience, higher interest rates, and technologically advanced interface majorly drive the market. High security risk of customer's data hinders the market growth. Growth in smartphone usage, increase in internet penetration among consumers, and increasing technology and growth of developing economies in Asia-Pacific region are some of the key factors, which are fueling the market growth.
The global online banking market is segmented on the basis of banking type, service type, and geography. Based on banking type, it is classified into retail banking, corporate banking, and investment banking. Based on solution type, it is divided into payments, processing services, customer & channel management, risk Management, and others. Geographically, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Netherland, France, UK, Sweden, and rest of Europe), Asia-Pacific (South Korea, Australia, Singapore, China, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle-East, and Africa).
- ACI Worldwide (U.S.)
- Microsoft Corporation (U.S.)
- Fiserv, Inc. (U.S.)
- Tata Consultancy Services (India)
- Cor Financial Solutions Ltd. (UK)
- Oracle Corporation (U.S.)
- Temenos Group AG (Switzerland)
- Rockall Technologies (Ireland)
- EdgeVerve Systems Limited (India)
- Capital Banking Solutions (U.S.)
Key Topics Covered:
Chapter: 1 Introduction
Chapter: 2 Executive Summary
Chapter: 3 Market Overview
Chapter: 4 Global Online Banking Market By Banking Type
Chapter: 5 Global Online Banking Market By Solution Type
Chapter: 6 Online Banking Market By Geography
Chapter: 7 Related Industry Insights
Chapter: 8 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/dqv383/global_online?w=4