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Open Banking Global Market Opportunities And Strategies To 2031

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    Report

  • 310 Pages
  • January 2023
  • Region: Global
  • The Business Research Company
  • ID: 5721011
This report describes and explains the open banking market and covers 2018-2021, termed the historic period, and 2021-2026 termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The global open banking market reached a value of nearly $15,111.61 million in 2021, having grown at a compound annual growth rate (CAGR) of 36.42% since 2018. The market is expected to grow from $15,111.61 million in 2021 to $ 19,458.39 million at a rate of 26.1%. The market is then expected to grow at a CAGR of 23.134% from 2026 and reach $$ 136,153.63 million in 2031.

Growth in the historic period resulted from increasing demand for fast and real-time fund transfer, rising use of digital banking services, strong economic growth in emerging markets and government initiatives. The market was restrained by rising cybercrime risk and stringent regulations.

Going forward, a surge in usage of online platforms, rising urbanization, an increase in younger generations, an increase in mergers and acquisitions and increasing adoption of financial technology for payment will drive market growth. Factors that could hinder the growth of the open banking market in the future include rising interest rates.

The open banking market is segmented by service type into transactional services, communicative and informative services. The transactional services market was the largest segment of the open banking market segmented by service type, accounting for 68.80% of the total in 2021. Going forward, the communicative and informative services segment is expected to be the fastest growing segment in the open banking market segmented by service type, at a CAGR of 26.58% during 2021-2026.

The open banking market is segmented by distribution channel into bank channels, app market, distributors, and aggregators. The app market was the largest segment of the open banking market segmented by distribution channel, accounting for 38.6% of the total in 2021. Going forward, the app market segment is expected to be the fastest growing segment in the open banking market segmented by distribution channel, at a CAGR of 30.7% during 2021-2026.

The open banking market is segmented by financial services into bank and capital markets, payments, digital currencies, value added services. The payments market was the largest segment of the open banking market segmented by financial services, accounting for 44.7% of the total in 2021. Going forward, the payments segment is expected to be the fastest growing segment in the open banking market segmented by financial services, at a CAGR of 34.6% during 2021-2026.

The open banking market is segmented by deployment type into cloud, on-premises, hybrid. The on-premises market was the largest segment of the open banking market segmented by deployment type, accounting for 53.2% of the total in 2021. Going forward, the cloud segment is expected to be the fastest growing segment in the open banking market segmented by deployment type, at a CAGR of 28.7% during 2021-2026.

Western Europe was the largest region in the open banking market, accounting for 33.5% of the total in 2021. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the open banking market will be Africa, and, Middle East where growth will be at CAGRs of 34.8% and 31.3% respectively. These will be followed by Eastern America, and, North America where the markets are expected to grow at CAGRs of 30.4% and 29.9% respectively.

The global open banking market is consolidated with small number of large players dominating the market. The top ten competitors in the market made up to 28.55% of the total market in 2021. Banco Santander SA was the largest competitor with 5.69% share of the market, followed by BBVA SA with 5.08%, Credit Agricole with 4.14%, HSBC Bank Plc. with 3.86%, Citigroup with 3.27%, Capital One with 2.04%, NatWest Group Plc. with 1.66%, DBS Bank with 1.31%, Lloyds Banking Group with 1.03% and Barclays with 0.48%.

The top opportunities in the open banking market segmented by service type will arise in the transactional services market segment, which will gain $22,389.8 million of global annual sales by 2026. The top opportunities in the open banking market segmented by distribution channel will arise in the app market market segment, which will gain $16,432.9 million of global annual sales by 2026. The top opportunities in the open banking market segmented by financial services will arise in the payments market segment, which will gain $23,075.3 million of global annual sales by 2026. The top opportunities in the open banking market segmented by deployment type will arise in the on-premises segment, which will gain $15,860.0 million of global annual sales by 2026. The top opportunities in the open banking market size will gain the most in the USA at $9,034.6 million.

Market-trend-based strategies for the open banking market include focus on use of big data, focus on Banking as a Service (BaaS) model, focus on personalization, focus on variable recurring payments, focus on strategic partnerships and investments and focus on new initiatives and programs.

Player-adopted strategies in the open banking market include focus on launching new products, focus on strengthening business operations through strategic acquisitions and focus on collaborations and partnerships.

To take advantage of the opportunities, the publisher recommends the open banking companies to focus on variable recurring payments (VRPS), focus on personalization in open banking, expand in emerging markets, focus on strategic partnerships, focus on mergers and acquisition activities, provide competitively priced offerings, participate in trade shows and events, focus on fast-growing financial services.


Frequently Asked Questions about the Global Open Banking Market

What is the estimated value of the Global Open Banking Market?

The Global Open Banking Market was estimated to be valued at $15111.61 Million in 2021.

What is the growth rate of the Global Open Banking Market?

The growth rate of the Global Open Banking Market is 24.6%, with an estimated value of $136153.63 Million by 2031.

What is the forecasted size of the Global Open Banking Market?

The Global Open Banking Market is estimated to be worth $136153.63 Million by 2031.

Who are the key companies in the Global Open Banking Market?

Key companies in the Global Open Banking Market include Banco Santander S.A, BBVA SA, Credit Agricole and Citigroup.

Table of Contents

1. Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure

6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Open Banking Market Definition and Segmentations
6.4. Market Segmentation By Service Type
6.5. Market Segmentation By Financial Services
6.6. Market Segmentation By Deployment Type
6.7. Market Segmentation By Distribution Channel

7. Major Trends
7.1. Big Data In Open Banking
7.2. Banking as a Service (BaaS) Model
7.3. Personalization In Open Banking
7.4. Variable Recurring Payments (VRPs)
7.5. Strategic Partnerships And Investments
7.6. New Initiatives And Programs

8. Global Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, 2018- 2021, Value ($ Million)
8.2.1. Market Drivers 2016 - 2021
8.2.2. Restraints On The Market 2016 - 2021
8.3. Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
8.3.1. Market Drivers 2021 - 2026
8.3.2. Restraints On The Market 2021-2026

9. Global Market Segmentation
9.1. Global Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
9.2. Global Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
9.3. Global Open Banking Market, Segmentation By Financial Services, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
9.4. Global Open Banking Market, Segmentation By Deployment Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)

10. Global Market, Regional And Country Analysis
10.1. Global Open Banking Market, By Region, Historic and Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
10.2. Global Open Banking Market, By Country, Historic and Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)

11. Asia-Pacific Market
11.1. Summary
11.1.1. Communicative And Informative Services
11.2. Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulations
11.2.6. Regulatory Bodies
11.2.7. Major Associations
11.2.8. Taxes Levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
11.4. Asia-Pacific Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.5. Asia-Pacific Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.6. Asia-Pacific Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.7. Asia Pacific Open Banking Market: Country Analysis
11.8. China Market
11.9. Summary
11.10. Market Overview
11.10.1. Region Information
11.10.2. Market Information
11.10.3. Background Information
11.10.4. Government Initiatives
11.10.5. Regulations
11.10.6. Regulatory Bodies
11.10.7. Major Associations
11.10.8. Taxes Levied
11.10.9. Corporate Tax Structure
11.10.10. Investments
11.10.11. Major Companies
11.11. China Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
11.12. China Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.13. China Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.14. China Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.15. India Market
11.16. India Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
11.17. ndia Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.18. India Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.19. India Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.20. Japan Market
11.21. Japan Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
11.22. Japan Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.23. Japan Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.24. Japan Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.25. Australia Market
11.26. Australia Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
11.27. Australia Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.28. Australia Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.29. Australia Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.30. Indonesia Market
11.31. Indonesia Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
11.32. Indonesia Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.33. Indonesia Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.34. Indonesia Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.35. South Korea Market
11.36. South Korea Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
11.37. South Korea Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.38. South Korea Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
11.39. South Korea Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)

12. Western Europe Market
12.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulations
12.2.6. Regulatory Bodies
12.2.7. Major Associations
12.2.8. Taxes Levied
12.2.9. Corporate Tax Structure
12.2.10. Investments
12.2.11. Major Companies
12.3. Western Europe Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
12.4. Western Europe Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.5. Western Europe Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
12.6. Western Europe Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
12.7. Western Europe Open Banking Market: Country Analysis
12.8. UK Market
12.9. UK Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
12.10. UK Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.11. UK Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
12.12. UK Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
12.13. Germany Market
12.14. Germany Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
12.15. Germany Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.16. Germany Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
12.17. Germany Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
12.18. France Market
12.19. France Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
12.20. France Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.21. France Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
12.22. France Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)

13. Eastern Europe Market
13.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Regulations
13.2.6. Regulatory Bodies
13.2.7. Major Associations
13.2.8. Taxes Levied
13.2.9. Corporate Tax Structure
13.2.10. Investments
13.2.11. Major Companies
13.3. Eastern Europe Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
13.4. Eastern Europe Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
13.5. Eastern Europe Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
13.6. Eastern Europe Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
13.7. Eastern Europe Open Banking Market: Country Analysis
13.8. Russia Market
13.9. Russia Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
13.10. Russia Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
13.11. Russia Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
13.12. Russia Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)

14. North America Market
14.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Government Initiatives
14.2.4. Regulations
14.2.5. Regulatory Bodies
14.2.6. Major Associations
14.2.7. Taxes Levied
14.2.8. Corporate Tax Structure
14.2.9. Investments
14.2.10. Major Companies
14.3. North America Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
14.4. North America Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
14.5. North America Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
14.6. North America Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
14.7. North America Open Banking Market: Country Analysis
14.8. USA Market
14.9. Summary
14.10. Market Overview
14.10.1. Country Information
14.10.2. Market Information
14.10.3. Government Initiatives
14.10.4. Regulations
14.10.5. Regulatory Bodies
14.10.6. Major Associations
14.10.7. Taxes Levied
14.10.8. Corporate Tax Structure
14.10.9. Investments
14.10.10. Major Companies
14.11. USA Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
14.12. USA Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
14.13. USA Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
14.14. USA Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)

15. South America Market
15.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory Bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. South America Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
15.4. South America Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
15.5. South America Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
15.6. South America Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
15.7. South America Open Banking Market: Country Analysis
15.8. Brazil Market
15.9. Brazil Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
15.10. Brazil Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
15.11. Brazil Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
15.12. Brazil Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)

16. Middle East Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Middle East Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
16.4. Middle East Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
16.5. Middle East Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
16.6. Middle East Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)

17. Africa Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Africa Open Banking Market, Historic Market Growth, 2018- 2021, Value ($ Million)
17.4. Africa Open Banking Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
17.5. Africa Open Banking Market, Segmentation By Service Type, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)
17.6. Africa Open Banking Market, Segmentation By Distribution Channel, Historic And Forecast, 2018- 2021, 2026F, 2031F, Value ($ Million)

18. Competitive Landscape And Company Profiles

19. Company Profiles
19.1. Banco Santander S.A.
19.1.1. Company Overview
19.1.2. Products And Services
19.1.3. Business Strategy
19.1.4. Financial Overview
19.2. Banco Bilbao Vizcaya Argentaria (BBVA)
19.2.1. Company Overview
19.2.2. Products And Services
19.2.3. Business Strategy
19.2.4. Financial Overview
19.3. Credit Agricole S.A
19.3.1. Company Overview
19.3.2. Products And Services
19.3.3. Business Strategy
19.3.4. Financial Overview
19.4. HSBC Holdings plc
19.4.1. Company Overview
19.4.2. Products And Services
19.4.3. Business Strategy
19.4.4. Financial Overview
19.5. Citi Group
19.5.1. Company Overview
19.5.2. Products And Services
19.5.3. Business Strategy
19.5.4. Financial Overview

20. Key Mergers And Acquisitions
20.1. Apple Acquired Credit Kudos
20.2. Visa Acquired Tink
20.3. Tink Acquired FinTecSystems
20.4. Tink Acquired Eurobits
20.5. Mastercard Acquired Finicity
20.6. Plaid Acquired Quovo

21. Global Open Banking Opportunities And Strategies
21.1. Global Open Banking Market In 2026 - Countries Offering Most New Opportunities
21.2. Global Open Banking Market In 2026 - Segments Offering Most New Opportunities
21.3. Global Open Banking Market In 2026 - Growth Strategies
21.3.1. Market Trend Based Strategies
21.3.2. Competitor Strategies

22. Open Banking Market, Conclusions And Recommendations
22.1. Conclusions
22.2. Recommendations
22.2.1. Product
22.2.2. Place
22.2.3. Price
22.2.4. Promotion
22.2.5. People

23. Appendix
23.1. Market Data Sources
23.2. Research Methodology
23.3. Currencies
23.4. About the Publisher
23.5. Copyright and Disclaimer

Executive Summary

Open Banking Global Market Opportunities And Strategies To 2031 provides the strategists; marketers and senior management with the critical information they need to assess the global open banking market as it emerges from the COVID-19 shut down.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
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  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis

Description:

Where is the largest and fastest-growing market for open banking? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The open banking market global report answers all these questions and many more.

The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider open banking market; and compares it with other markets.

The report covers the following chapters

  • Introduction and Market Characteristics
  • Brief introduction to the segmentations covered in the market, definitions and explanations about the open banking market.
  • Key Trends - Highlights the major trends shaping the global open banking market. This section also highlights likely future developments in the market.
  • Global Market Size and Growth - Global historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional Analysis - Historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values and growth and market share comparison by region.
  • Market Segmentation - Contains the market values (2016-2031) and analysis for each segment by service type, by financial services, by deployment type and by distribution channel in the market.
  • Regional Market Size and Growth - Regional market size (2021), historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and growth and market share comparison of countries within the region. This report includes information on the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa and major countries within each region.
  • Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
  • Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
  • Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
  • Conclusions And Recommendations - Includes recommendations for open banking providers in terms of product/service offerings, geographic expansion, marketing strategies and target groups.
  • Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Scope

Markets Covered:

1) By Service Type: Transactional Services; Communicative; Informative Services
2) By Distribution Channel: Bank Channels; App Market; Distributors; Aggregators
3) By Financial Services: Bank And Capital Markets; Payments; Digital Currencies; Value Added Services
4) By Deployment: Cloud; On-Premises; Hybrid

Companies Mentioned: Banco Santander S.A; BBVA SA; Credit Agricole; HSBC Bank plc.; Citigroup

Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time-series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; open banking indicators comparison.

Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Banco Santander S.A
  • BBVA SA
  • Credit Agricole
  • HSBC Bank plc.
  • Citigroup

Methodology

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