Scope of the Study
Digital banking solutions allow banks to provide flexible and convenient management of customerís finances. It provides services in all devices which reduce the development and maintenance costs. Digital banking solution offers various services such as cost optimization, real time interaction, personalized customer experience, and new revenue streams. Moreover, the solution can help to meet increasing customer demand, growing regulations, new banking competition and reduce costs pressures. These factors are increasing the market growth.
The market study is being classified by Type (Payments, Processing Services, Customer and Channel Management, Risk Management and Others), by Application (Retail Digital Banking, SME Digital Banking and Corporate Digital Banking) and major geographies with country level break-up.
IBM (United States), SAP (Germany), Urban FT (United States), Kony (United States), Backbase (Netherlands), Technisys (United States), Infosys (India), Innofis (Spain), Mobilearth (United States) and D3 Banking Technology (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Alkami (United States), Q2 (United States) and Finastra (United Kingdom).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Digital Banking Solution market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Digital Banking Solution market by Type, Application and Region.
On the basis of geography, the market of Digital Banking Solution has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Change in Customer Behavior is Fueling the Market
- Rising Investments in Fintech is affecting the Market Positively
- Adoption of Electronic and Mobile Payment Solutions
- Increased Risk of Data Breach
- Lack of Regulatory Framework
- Supporting Government Policies is Boosting the Market Growth
- Growing E Commerce Industry
- Technical Issues May Hamper the Market
Market Leaders and their expansionary development strategies
In 2018, SAP has acquired Contextor which specializes in design and integration of robotic process automation and In 2018, Sap has acquired Qualtrics which is a technology platform which is used for collecting, managing the experience data.
Key Target AudienceDigital banking service providers, Government associations, Research organizations, Enterprise software vendors and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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