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Digital Banking Market Trends

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Report ID: 3408
Published Date: Aug 28, 2024
Report Format: PDF, PPT

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Digital Banking Market Trends

Growth Drivers

Increasing Adoption of Analytics Techniques by Investment Banks
Rising Developments in the Ecommerce Industry

Challenges

Prone to Security Threats Regarding Personal Data

Digital Banking Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	15.7%
Base Year Market Size (2023)	USD 10.36 billion
Forecast Year Market Size (2036)	USD 68.98 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Digital Banking Market Size & Share, Growth Report 2036

Author Credits: Abhishek Verma

Report ID: 3408
Published Date: Aug 28, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of digital banking is assessed at USD 11.66 billion.

Digital Banking Market size was valued at USD 10.36 billion in 2023 and is anticipated to reach USD 68.98 billion by 2036, expanding at around 15.7% CAGR during the forecast period i.e., between 2024-2036. Increasing adoption of analytics techniques by investment banks and rising developments in the ecommerce industry will propel the market growth.

North America is expected to dominate majority revenue share by 2036, on the back of high usage of digital banking platforms, early adoption of technologies and growing emphasis on technological innovations in the region.

The major players in the market are Etronika, Appway AG, EBANKIT OMNICHANNEL INNOVATION, S.A., Backbase B.V., and others.

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