Financial Services & Insurance Research News

Online banking market scrutinized in new research

Financial Services Market Research

Online banking market size was valued at +$7,304 million in 2016, and is estimated to reach +$29,975 million by 2023, registering a CAGR of +22.5% from 2017 to 2023.

In 2017, Digital banking includes all kinds of online/internet transactions done for various purposes.

It is the incorporation of new technologies, to deliver enhanced customer services. online retail banking dominated the overall online banking market.

The report categorizes the market in a detailed manner to offer thorough insights on the features accountable for supplementing as well as limiting market growth. The research report on the global market also examines the pointers in the market that are vital to signify the revenue forecast of the market over the given forecast period.

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Top Key Players: ACI Worldwide (U.S.), Microsoft Corporation (U.S.), Fiserv, Inc. (U.S.), Tata Consultancy Services (India), Cor Financial Solutions Ltd.

(UK), Oracle Corporation (U.S.), Temenos Group AG (Switzerland), Rockall Technologies (Ireland), EdgeVerve Systems Limited (India), and Capital Banking Solutions (U.S.)

A SWOT analysis of the new projects being undertaken in the global Online banking industry identifies, studies, and analyzes the strengths, weaknesses, opportunities, and threats of the upcoming projects, together with an evaluation of the investment feasibility, investment returns, and development trends.

The report also offers an in-depth analysis of important market directives that the shareholders in the global market can take advantage of to make informed decisions and business strategies. Moreover, this study report on the global Online banking market breaks down the market into several different categories to offer an overview of 360 degrees of the market and also aims to offer a transparent picture of the growth prospects that may arise in the market over the coming years.

Some of the major factors driving the growth of Global Online banking Market are the increasing mobile data traffic, high demand for bandwidth intensive applications, growing need for high-speed data connectivity and great potential in the usage of millimeter wave technology in consumer electronics application. Environmental concerns and limited range, on the other hand, are some of the factors restraining the growth of the Global Market.

The inconsistent licensing approach is one of the major challenge to the growth of this market.

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North America alleged the major market share in Blade Server and is expected to continue its dominion throughout the forecast period. Growing demand for 5G technologies, increasing advancements in the field of satellite communication systems, radar, scanning and imaging systems are driving the growth of the Global Market in this region.

Other regions are also expected to follow the upward trend and further fuel the growth of the Market.

The exclusive and detailed information offered in the report can be very helpful for the prominent vendors to bolster their market presence over the course of the given forecast period. The report also inspects the global Online banking market in terms of geographical segmentation and analyzes its growth prospects in the current as well as future market scenarios.

Table of Content:

Chapter 1 Online banking Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Regionapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

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