Online Banking Industry Report 2023: Business Growth, Trends and Forecast to 2028
IMARC Group has recently released a new research study titled "Online Banking Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global online banking market size reached US$ 4.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
Also known as internet banking, online banking is an electronic payment system facility that allows customers to use banking services and conduct financial transactions over the internet. It includes online bill payments, account opening, transfers, and deposits. It offers cost-effectiveness, ease of use, instant access, enhanced security, and fast service as compared to traditional banking. It provides customers with a convenient and secure way to access their bank accounts and conduct financial transactions without the need to visit a physical branch. Besides this, it also helps users to view account balances, check recent transactions, obtain statements, and apply for credit cards online.
Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/online-banking-market/requestsample
Online Banking Market Trends and Drivers:
At present, rapid industrialization, increasing penetration of high-speed internet, and the growing adoption of mobile devices, such as smartphones, tablets, and laptops, are among the key factors positively influencing the market across the globe.
In addition, the rising number of people adopting online banking to conduct transactions from remote places, in confluence with the increasing automation in banking processes, is propelling the market growth.
Apart from this, the growing geriatric population and the increasing prevalence of chronic medical conditions that impacts the mobility issues are stimulating the growth of the market around the world.
Inquire Before Buying : https://www.imarcgroup.com/request?type=report&id=5425&flag=F
Global Online Banking Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Online Banking Companies:
Aci Worldwide Inc., Backbase, Capital Banking Solutions, CGI Inc., ebankIT, EdgeVerve Systems Limited (Infosys Limited), Fiserv Inc., Halcom d.d. (Constellation Software Inc.), Oracle Corporation, Tata Consultancy Services Limited, Technisys and Temenos AG.
The report has segmented the market on the basis of region, banking type, software type and service type.
Breakup by Banking Type:
• Retail Banking
• Corporate Banking
• Investment Banking
Breakup by Software Type:
• Customized Software
• Standard Software
Breakup by Service Type:
• Payments
• Processing Services
• Customer and Channel Management
• Wealth Management
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=5425&flag=C
If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited.
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
