Introduction
Digital banking is the digitization of all the conventional banking services. In the digital banking, all the banking activities are operated through the internet. The move from conventional to digital banking is a steady process and is comprised by various levels of digitization of banking service. Digital banking consists of web based services and high levels of process automation and also includes cross institutional service with APIs in order to provide banking products and transactions. Digital banking also offers the capability for users to access economic information through mobile desktop and ATM services. Digital banking mainly focuses on money transfers, remote deposits, basic online management of accounts and bill pay. The report provides analysis of global digital banking market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year. The global digital banking market is anticipated to grow at substantial CAGR above 4% throughout the forecast period. Furthermore, Market players are primarily focusing on developing new innovative technologies that will supplement growth of the digital banking market.
Market Dynamics
growing adoption of online and mobile banking platforms, growth in Smartphone adoption and internet penetration, integration of advanced technologies, escalating need to provide improved customer experience, rise in retail banking and supportive government initiatives and policies are some of the fundamental factors that are driving the digital banking market growth globally. Growing adoption of online and mobile banking platforms is the major driving factor in the growth of the global digital banking market. Large number of banking institutes are moving toward digital sources to deliver their services due to the growing adoption of smartphones and increasing internet penetration across the world. Banks are adopting various innovative technologies in order to minimize operating costs to stay competitive in the market. Digital banking also helps banks to keep systems up to date and offer an enhanced customer experience and modified services at minor costs. The demand for non-transactional services is increasing rapidly owing to the ease of operation and cost effectiveness of non transactional services. Consumers, particularly the younger populace who are hyper connected, choice conscious and has digital knowledge are rapidly inclining towards the technology oriented services with their ever changing preferences. The adoption of digital banking services by these customers is boosting the growth of the overall market. However, growing threat of cyber attacks may hamper the growth of the global digital banking market.
Market Segmentation
Digital Banking Market, By Type
- Retail Banking
- Corporate Banking
- Investment Banking
Digital Banking Market, By Service
- Transactional Services
- Non-Transactional Services
Global Digital banking Market, by Geography
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Chile
- Rest of Latin America
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
The market research study on “Digital Banking Market (By Type: Retail Banking, Corporate Banking, Investment Banking; By Service: Transactional Services, Non-Transactional Services) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed insights on global digital banking market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global digital banking market by type, technology, services and major geographic regions. The report also covers basic technology development policies.
Market Participants
The global digital banking market is characterized by the presence of experienced and established players. Some of the key players include Backbase, BNY Mellon, Fiserv, Halcom, Appway, ebanklT, Crealogix, ETRONIKA, Fidor, Finastra, Intellect Design Arena, Oracle, IE Digital, Kony, NETinfo, EdgeVerve Systems, NF Innova, SAB, TCS, Temenos, Technisys, and Worldline. Multiple prominent players from the market are collaborating with other players in order to offer technologically advanced banking services to their customers. Additionally, they are focusing on strategic acquisitions in order to expand their industry presence.
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Digital Banking
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Digital Banking Market By Type
1.2.2.1. Global Digital Banking Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Digital Banking Market Revenue Share By Type in 2017
1.2.2.3. Retail Banking
1.2.2.4. Corporate Banking
1.2.2.5. Investment Banking
1.2.2.6. Others
1.2.3. Digital Banking Market By Service
1.2.3.1. Global Digital Banking Market Revenue and Growth Rate Comparison By Service (2015-2026)
1.2.3.2. Global Digital Banking Market Revenue Share By Service in 2017
1.2.3.3. Transactional Services
1.2.3.4. Non-Transactional Services
1.2.3.5. Others
1.2.4. Digital Banking Market by Geography
1.2.4.1. Global Digital Banking Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Digital Banking Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Digital Banking Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Digital Banking Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Digital Banking Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Digital Banking Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Digital Banking Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Digital Banking Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Digital Banking Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Digital Banking Major Manufacturers in 2017
CHAPTER 4. DIGITAL BANKING MARKET BY TYPE
4.1. Global Digital Banking Revenue By Type
4.2. Retail Banking
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Corporate Banking
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Investment Banking
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Others
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. DIGITAL BANKING MARKET BY SERVICE
5.1. Global Digital Banking Revenue By Service
5.2. Transactional Services
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Non-Transactional Services
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Others
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. NORTH AMERICA DIGITAL BANKING MARKET BY COUNTRY
6.1. North America Digital Banking Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Digital Banking Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Digital Banking Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
CHAPTER 7. EUROPE DIGITAL BANKING MARKET BY COUNTRY
7.1. Europe Digital Banking Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Digital Banking Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC DIGITAL BANKING MARKET BY COUNTRY
8.1. Asia-Pacific Digital Banking Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Digital Banking Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
CHAPTER 9. LATIN AMERICA DIGITAL BANKING MARKET BY COUNTRY
9.1. Latin America Digital Banking Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Digital Banking Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
CHAPTER 10. MIDDLE EAST DIGITAL BANKING MARKET BY COUNTRY
10.1. Middle East Digital Banking Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Digital Banking Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
CHAPTER 11. AFRICA DIGITAL BANKING MARKET BY COUNTRY
11.1. Africa Digital Banking Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Digital Banking Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Backbase
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. BNY Mellon
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Fiserv
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Halcom
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Appway
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. ebanklT
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Crealogix
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. ETRONIKA
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Fidor
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Finastra
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Intellect Design Arena
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
12.12. Oracle
12.12.1. Company Snapshot
12.12.2. Overview
12.12.3. Financial Overview
12.12.4. Product Portfolio
12.12.5. Key Developments
12.12.6. Strategies
12.13. IE Digital
12.13.1. Company Snapshot
12.13.2. Overview
12.13.3. Financial Overview
12.13.4. Product Portfolio
12.13.5. Key Developments
12.13.6. Strategies
12.14. Kony
12.14.1. Company Snapshot
12.14.2. Overview
12.14.3. Financial Overview
12.14.4. Product Portfolio
12.14.5. Key Developments
12.14.6. Strategies
12.15. NETinfo
12.15.1. Company Snapshot
12.15.2. Overview
12.15.3. Financial Overview
12.15.4. Product Portfolio
12.15.5. Key Developments
12.15.6. Strategies
12.16. EdgeVerve Systems
12.16.1. Company Snapshot
12.16.2. Overview
12.16.3. Financial Overview
12.16.4. Product Portfolio
12.16.5. Key Developments
12.16.6. Strategies
12.17. NF Innova
12.17.1. Company Snapshot
12.17.2. Overview
12.17.3. Financial Overview
12.17.4. Product Portfolio
12.17.5. Key Developments
12.17.6. Strategies
12.18. SAB
12.18.1. Company Snapshot
12.18.2. Overview
12.18.3. Financial Overview
12.18.4. Product Portfolio
12.18.5. Key Developments
12.18.6. Strategies
12.19. TCS
12.19.1. Company Snapshot
12.19.2. Overview
12.19.3. Financial Overview
12.19.4. Product Portfolio
12.19.5. Key Developments
12.19.6. Strategies
12.20. Temenos
12.20.1. Company Snapshot
12.20.2. Overview
12.20.3. Financial Overview
12.20.4. Product Portfolio
12.20.5. Key Developments
12.20.6. Strategies
12.21. Technisys
12.21.1. Company Snapshot
12.21.2. Overview
12.21.3. Financial Overview
12.21.4. Product Portfolio
12.21.5. Key Developments
12.21.6. Strategies
12.22. Worldline
12.22.1. Company Snapshot
12.22.2. Overview
12.22.3. Financial Overview
12.22.4. Product Portfolio
12.22.5. Key Developments
12.22.6. Strategies
12.23. Others
12.23.1. Company Snapshot
12.23.2. Overview
12.23.3. Financial Overview
12.23.4. Product Portfolio
12.23.5. Key Developments
12.23.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
