Digital Banking Market Research Report- Global Forecast to 2027

Digital Banking Market, by Services (Non-Transactional Activities, Transactional), By Deployment Type (On-Premises, On Cloud), By Technology (Internet Banking, Digital Payments, Mobile Banking), By Industries (Media & Entertainment, Manufacturing, Retail, Banking, Healthcare) - Forecast till 2027

ID: MRFR/ICT/1454-HCR | February 2021 | Region: Global | 110 pages

Impact of COVID-19 on the Global Digital Banking Market


Digital banking platforms refer to a multi-channel or omnichannel solution of banking services. It refers to the digitization of entire conventional banking services. Digital banking also offers consumers access to financial information with the help of mobiles, desktop, and ATM services. The platform supports the users in money transfers, basic online management of accounts, remote deposits, and other bill payments. It integrates with numerous banking endpoints, including multiple technology vendors such as core banking software providers and bill pay vendors. It is the integration of advanced technologies to deliver superior customer services. Furthermore, the rising adoption of mobile and online banking platforms, increasing internet penetration, and the rise in retail banking is anticipated to stimulate the Digital Banking Market growth during the COVID-19 pandemic period.
Digital Banking Market


Source: MRFR Analysis


The requirement for digital banking services is currently on the rise due to the COVID-19 situation. However, this requirement is expected to be hampered due to the reduction in the expenditure budgets of numerous companies owing to full or partial lockdowns imposed worldwide. The lockdowns have also caused severe losses to the global industry players. The implementation of lockdowns in numerous countries of the world to reduce the spread of COVID-19 has placed restrictions on public gatherings at international events, theatres, and music festivals, which is obstructing the market growth. However, supportive government policies are projected to stimulate the growth of the digital banking market over the forecast timeframe. Furthermore, the market will show a steady recovery rate in the Q1 of 2021, which is mainly attributed to the adoption of remote working policies by several industry players to prevent the circulation of COVID-19 at workplaces. However, the digital banking industry is certainly expected to face challenges over the projected period


Impact Analysis


Source: MRFR Analysis

TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE:

1.3.1 GLOBAL DIGITAL BANKING MARKET: BY SERVICES

1.3.2 GLOBAL DIGITAL BANKING MARKET: BY DEPLOYMENT

1.3.3 GLOBAL DIGITAL BANKING MARKET: BY TECHNOLOGY

1.3.5 GLOBAL DIGITAL BANKING MARKET: BY INDUSTRY

2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCHPT

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

2.4.3 MARKET CRACKDOWN & DATA TRIANGULATION

3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

4 EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 GLOBAL DIGITAL BANKING MARKET

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY SERVICES

6.2.1.1 NON-TRANSACTIONAL

6.2.1.2 TRANSACTIONAL

6.2.2 BY DEPLOYMENT

6.2.2.1 ON- PREMISES

6.2.2.2 ON CLOUD

6.2.3 BY TECHNOLOGY

6.2.3.1 INTERNET BANKING

6.2.3.2 DIGITAL PAYMENTS

6.2.3.1 MOBILE BANKING

6.2.4 BY INDUSTRIES

6.2.4.1 MEDIA &ENTERTAINMENT

6.2.4.2 MANUFACTURING

6.2.4.3 RETAIL

6.2.4.4 BANKING

6.2.4.5 HEALTHCARE

6.2.4.6 OTHERS

6.2.5 BY GEOGRAPHY

6.2.5.1 NORTH AMERICA

6.2.5.2 EUROPE

6.2.5.3 ASIA-PACIFIC

6.2.5.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 URBAN FT, INC.

7.2.2 MISYS, INC.

7.2.3 KONY

7.2.4 BACKBASE

7.2.5 FMC TECHNOLOGIES

7.2.6 INFOSYS

7.2.7 CACHET FINANCIAL SOLUTIONS, INC

7.2.8 INNOFIS

7.2.9 MOBILEARTH

7.2.10 NYMBUS

7.2.11 OTHERS

LIST OF TABLES

TABLE 1 GLOBAL DIGITAL BANKING MARKET, BY SERVICES

TABLE 2 GLOBAL DIGITAL BANKING MARKET, BY DEPLOYMENT

TABLE 3 GLOBAL DIGITAL BANKING MARKET, BY TECHNOLOGY

TABLE 4 GLOBAL DIGITAL BANKING MARKET, BY INDUSTRY

TABLE 5 GLOBAL DIGITAL BANKING MARKET, BY REGIONS

TABLE 6 NORTH AMERICA DIGITAL BANKING MARKET, BY COUNTRY

TABLE 7 NORTH AMERICA DIGITAL BANKING MARKET, BY SERVICES

TABLE 8 NORTH AMERICA DIGITAL BANKING MARKET, BY DEPLOYMENT

TABLE 9 NORTH AMERICA DIGITAL BANKING MARKET, BY TECHNOLOGY

TABLE 10 NORTH AMERICA DIGITAL BANKING MARKET, BY INDUSTRY

TABLE 11 U.S. DIGITAL BANKING MARKET, BY SERVICES

TABLE 12 U.S. DIGITAL BANKING MARKET, BY DEPLOYMENT

TABLE 13 U.S. DIGITAL BANKING MARKET, BY TECHNOLOGY

TABLE 14 U.S. DIGITAL BANKING MARKET, BY INDUSTRY

TABLE 15 CANADA DIGITAL BANKING MARKET, BY SERVICES

TABLE 16 CANADA DIGITAL BANKING MARKET, BY DEPLOYMENT

TABLE 17 CANADA DIGITAL BANKING MARKET, BY TECHNOLOGY

TABLE 18 CANADA DIGITAL BANKING MARKET, BY INDUSTRY

TABLE 19 EUROPE DIGITAL BANKING MARKET, BY COUNTRY

TABLE 20 EUROPE DIGITAL BANKING MARKET, BY SERVICES

TABLE 21 EUROPE DIGITAL BANKING MARKET, BY DEPLOYMENT

TABLE 22 EUROPE DIGITAL BANKING MARKET, BY TECHNOLOGY

TABLE 23 EUROPE DIGITAL BANKING MARKET, BY INDUSTRY

TABLE 24 GERMANY DIGITAL BANKING MARKET, BY SERVICES

TABLE 25 GERMANY DIGITAL BANKING MARKET, BY DEPLOYMENT

TABLE 26 GERMANY DIGITAL BANKING MARKET, BY TECHNOLOGY

TABLE 27 GERMANY DIGITAL BANKING MARKET, BY INDUSTRY

TABLE 28 FRANCE DIGITAL BANKING MARKET, BY SERVICES

TABLE 29 FRANCE DIGITAL BANKING MARKET, BY DEPLOYMENT

TABLE 30 FRANCE DIGITAL BANKING MARKET, BY TECHNOLOGY

TABLE 31 FRANCE DIGITAL BANKING MARKET, BY INDUSTRY

TABLE 32 U.K. DIGITAL BANKING MARKET, BY SERVICES

TABLE 33 U.K. DIGITAL BANKING MARKET, BY DEPLOYMENT

TABLE 34 U.K. DIGITAL BANKING MARKET, BY TECHNOLOGY

TABLE 35 U.K. DIGITAL BANKING MARKET, BY INDUSTRY

TABLE 36 REST OF EUROPE DIGITAL BANKING MARKET, BY SERVICES

TABLE 37 REST OF EUROPE DIGITAL BANKING MARKET, BY DEPLOYMENT

TABLE 38 REST OF EUROPE DIGITAL BANKING MARKET, BY TECHNOLOGY

TABLE 39 REST OF EUROPE DIGITAL BANKING MARKET, BY INDUSTRY

TABLE 40 ASIA-PACIFIC DIGITAL BANKING MARKET, BY COUNTRY

TABLE 41 ASIA-PACIFIC DIGITAL BANKING MARKET, BY SERVICES

TABLE 42 ASIA-PACIFIC DIGITAL BANKING MARKET, BY DEPLOYMENT

TABLE 43 ASIA-PACIFIC DIGITAL BANKING MARKET, BY TECHNOLOGY

TABLE 44 ASIA-PACIFIC DIGITAL BANKING MARKET, BY INDUSTRY

TABLE 45 MIDDLE EAST & AFRICA DIGITAL BANKING MARKET, BY SERVICES

TABLE 46 MIDDLE EAST & AFRICA DIGITAL BANKING MARKET, BY DEPLOYMENT

TABLE 47 MIDDLE EAST & AFRICA DIGITAL BANKING MARKET, BY TECHNOLOGY

TABLE 48 MIDDLE EAST & AFRICA DIGITAL BANKING MARKET, BY INDUSTRY

LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 GLOBAL DIGITAL BANKING MARKET: BY SERVICES (%)

FIGURE 3 GLOBAL DIGITAL BANKING MARKET: BY DEPLOYMENT (%)

FIGURE 4 GLOBAL DIGITAL BANKING MARKET: BY TECHNOLOGY (%)

FIGURE 5 GLOBAL DIGITAL BANKING MARKET: BY INDUSTRY (%)

FIGURE 6 GLOBAL DIGITAL BANKING MARKET: BY REGION

FIGURE 7 NORTH AMERICA DIGITAL BANKING MARKET, BY SERVICES (%)

FIGURE 8 NORTH AMERICA DIGITAL BANKING MARKET, BY DEPLOYMENT (%)

FIGURE 9 NORTH AMERICA DIGITAL BANKING MARKET, BY TECHNOLOGY (%)

FIGURE 10 NORTH AMERICA DIGITAL BANKING MARKET, BY INDUSTRY (%)

FIGURE 11 NORTH AMERICA DIGITAL BANKING MARKET, BY COUNTRIES (%)

FIGURE 12 EUROPE DIGITAL BANKING MARKET, BY SERVICES (%)

FIGURE 13 EUROPE DIGITAL BANKING MARKET, BY DEPLOYMENT (%)

FIGURE 14 EUROPE DIGITAL BANKING MARKET, BY TECHNOLOGY (%)

FIGURE 15 EUROPE DIGITAL BANKING MARKET, BY INDUSTRY (%)

FIGURE 16 EUROPE DIGITAL BANKING MARKET, BY COUNTRIES (%)

FIGURE 17 ASIA-PACIFIC DIGITAL BANKING MARKET, BY SERVICES (%)

FIGURE 18 ASIA-PACIFIC DIGITAL BANKING MARKET, BY DEPLOYMENT (%)

FIGURE 19 ASIA-PACIFIC DIGITAL BANKING MARKET, BY TECHNOLOGY (%)

FIGURE 20 ASIA-PACIFIC DIGITAL BANKING MARKET, BY INDUSTRY (%)

FIGURE 21 ASIA-PACIFIC DIGITAL BANKING MARKET, BY COUNTRIES (%)

FIGURE 22 ROW DIGITAL BANKING MARKET, BY SERVICES (%)

FIGURE 23 ROW DIGITAL BANKING MARKET, BY DEPLOYMENT (%)

FIGURE 24 ROW DIGITAL BANKING MARKET, BY TECHNOLOGY (%)

FIGURE 25 ROW DIGITAL BANKING MARKET, BY INDUSTRY (%)