+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Digital Banking Platform Market by Component, Deployment Model, Type and Banking Mode: Global Opportunity Analysis and Industry Forecast, 2020-2027

  • PDF Icon

    Report

  • 227 Pages
  • June 2020
  • Region: Global
  • Allied Market Research
  • ID: 5134103
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, an 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 a 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.
  • Porter’s five forces analysis illustrates the potency of 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
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Singapore
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players
  • Appway
  • COR Financial Solution Ltd
  • Edgeverve
  • FIS Global
  • Fiserv, Inc
  • nCino
  • Oracle Corporation
  • SAP SE
  • Temenos
  • Vsoft Corporation

Table of Contents

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

Companies Mentioned

  • Appway
  • COR Financial Solution Ltd
  • Edgeverve
  • FIS Global
  • Fiserv Inc
  • nCino
  • Oracle Corporation
  • SAP SE
  • Temenos
  • Vsoft Corporation

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...