The global online and mobile banking market is expected to grow from USD 1.5 trillion in 2017 to USD 2.2 trillion by 2030, at a CAGR of 6.6% during the forecast period. The market is driven by factors such as increasing adoption of digital banking services, growing need for convenience and efficiency, and increasing penetration of smartphones globally.
The individual banking segment accounted for the largest share in the global online and mobile banking market in 2017, followed by corporate banking segment. The individual segment is expected to continue its dominance throughout the forecast period due to increased adoption of digital banking services among individuals across various regions globally.
Some Of The Growth Factors Of This Market:
- The growth of the global population and the increase in the number of people living in urban areas are driving demand for banking services.
- The increasing use of mobile phones and tablets is also driving demand for banking services, as these devices are becoming more affordable and accessible to a wider range of consumers.
- The rise in online shopping has led to an increase in online banking, with many consumers preferring to pay their bills or transfer money through their bank's website rather than by mail or at a branch location.
- Online banking is also being driven by the need for banks to compete with non-traditional financial service providers such as PayPal, which offer lower fees and more convenience than traditional banks do.
- Banks are increasingly offering mobile apps that allow customers to access their accounts on-the-go.
Industry Growth Insights published a new data on “Online and Mobile Bankings Market”. The research report is titled “Online and Mobile Bankings Market research by Types (Individual Banking, Corporate Banking, Investment Banking, Other, Online and Mobile Banking), By Applications (Business, Personal), By Players/Companies ACI, Fiserv, Tata Consultancy Services, Cor Financial Solutions, Temenos, EdgeVerve Systems, Capital Banking, Atom Bank, Movencorp, Simple Finance Technology, Fidor Group, Ubank, Monzo Bank, Online and Mobile Banking”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Online and Mobile Bankings Market Research Report
By Type
Individual Banking, Corporate Banking, Investment Banking, Other, Online and Mobile Banking
By Application
Business, Personal
By Companies
ACI, Fiserv, Tata Consultancy Services, Cor Financial Solutions, Temenos, EdgeVerve Systems, Capital Banking, Atom Bank, Movencorp, Simple Finance Technology, Fidor Group, Ubank, Monzo Bank, Online and Mobile Banking
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Online and Mobile Bankings Market Report Segments:
The global Online and Mobile Bankings market is segmented on the basis of:
Types
Individual Banking, Corporate Banking, Investment Banking, Other, Online and Mobile Banking
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Business, Personal
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ACI
- Fiserv
- Tata Consultancy Services
- Cor Financial Solutions
- Temenos
- EdgeVerve Systems
- Capital Banking
- Atom Bank
- Movencorp
- Simple Finance Technology
- Fidor Group
- Ubank
- Monzo Bank
- Online and Mobile Banking
Highlights of The Online and Mobile Bankings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Individual Banking
- Corporate Banking
- Investment Banking
- Other
- Online and Mobile Banking
- By Application:
- Business
- Personal
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Online and Mobile Bankings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Online banking is a service that allows customers to access their accounts and make transactions from a computer or other electronic device. Mobile banking is a service that allows customers to access their accounts and make transactions from a mobile device, such as an iPhone or Android phone.
Some of the major companies in the online and mobile bankings market are ACI, Fiserv, Tata Consultancy Services, Cor Financial Solutions, Temenos, EdgeVerve Systems, Capital Banking, Atom Bank, Movencorp, Simple Finance Technology, Fidor Group, Ubank, Monzo Bank, Online and Mobile Banking.
The online and mobile bankings market is expected to grow at a compound annual growth rate of 6.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Online and Mobile Bankings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Online and Mobile Bankings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Online and Mobile Bankings Market - Supply Chain
4.5. Global Online and Mobile Bankings Market Forecast
4.5.1. Online and Mobile Bankings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Online and Mobile Bankings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Online and Mobile Bankings Market Absolute $ Opportunity
5. Global Online and Mobile Bankings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Online and Mobile Bankings Market Size and Volume Forecast by Type
5.3.1. Individual Banking
5.3.2. Corporate Banking
5.3.3. Investment Banking
5.3.4. Other
5.3.5. Online and Mobile Banking
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Online and Mobile Bankings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Online and Mobile Bankings Market Size and Volume Forecast by Application
6.3.1. Business
6.3.2. Personal
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Online and Mobile Bankings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Online and Mobile Bankings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Online and Mobile Bankings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Online and Mobile Bankings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Online and Mobile Bankings Demand Share Forecast, 2019-2026
9. North America Online and Mobile Bankings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Online and Mobile Bankings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Online and Mobile Bankings Market Size and Volume Forecast by Application
9.4.1. Business
9.4.2. Personal
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Online and Mobile Bankings Market Size and Volume Forecast by Type
9.7.1. Individual Banking
9.7.2. Corporate Banking
9.7.3. Investment Banking
9.7.4. Other
9.7.5. Online and Mobile Banking
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Online and Mobile Bankings Demand Share Forecast, 2019-2026
10. Latin America Online and Mobile Bankings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Online and Mobile Bankings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Online and Mobile Bankings Market Size and Volume Forecast by Application
10.4.1. Business
10.4.2. Personal
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Online and Mobile Bankings Market Size and Volume Forecast by Type
10.7.1. Individual Banking
10.7.2. Corporate Banking
10.7.3. Investment Banking
10.7.4. Other
10.7.5. Online and Mobile Banking
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Online and Mobile Bankings Demand Share Forecast, 2019-2026
11. Europe Online and Mobile Bankings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Online and Mobile Bankings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Online and Mobile Bankings Market Size and Volume Forecast by Application
11.4.1. Business
11.4.2. Personal
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Online and Mobile Bankings Market Size and Volume Forecast by Type
11.7.1. Individual Banking
11.7.2. Corporate Banking
11.7.3. Investment Banking
11.7.4. Other
11.7.5. Online and Mobile Banking
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Online and Mobile Bankings Demand Share, 2019-2026
12. Asia Pacific Online and Mobile Bankings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Online and Mobile Bankings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Online and Mobile Bankings Market Size and Volume Forecast by Application
12.4.1. Business
12.4.2. Personal
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Online and Mobile Bankings Market Size and Volume Forecast by Type
12.7.1. Individual Banking
12.7.2. Corporate Banking
12.7.3. Investment Banking
12.7.4. Other
12.7.5. Online and Mobile Banking
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Online and Mobile Bankings Demand Share, 2019-2026
13. Middle East & Africa Online and Mobile Bankings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Online and Mobile Bankings Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Online and Mobile Bankings Market Size and Volume Forecast by Application
13.4.1. Business
13.4.2. Personal
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Online and Mobile Bankings Market Size and Volume Forecast by Type
13.7.1. Individual Banking
13.7.2. Corporate Banking
13.7.3. Investment Banking
13.7.4. Other
13.7.5. Online and Mobile Banking
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Online and Mobile Bankings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Online and Mobile Bankings Market: Market Share Analysis
14.2. Online and Mobile Bankings Distributors and Customers
14.3. Online and Mobile Bankings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ACI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fiserv
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tata Consultancy Services
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cor Financial Solutions
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Temenos
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. EdgeVerve Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Capital Banking
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Atom Bank
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Movencorp
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Simple Finance Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fidor Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ubank
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Monzo Bank
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Online and Mobile Banking
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
