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Digital Banking Platform Market

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Digital Banking Platform Market
Digital Banking Platform
Market – Top players are
CREALOGIX, EdgeVerve,
ieDigital, Sopra, SAB, Oracle
The global digital banking platform market is prognosticated to experience a strong growth during the
forecast period, 2018 – 2026, owing to the increasing penetration of the internet. Digital banking
platform is multichannel or omnichannel solution of personal banking service. In the past few years
banks all across the world has witnessed a significant surge in the number of accounts being opened a
year. In order to avoid any other human errors and to complete the task more efficiently without
consuming lot of time, most of the banks have adopted digital banking platform. It removes long queues
outside the banks. Apart from these, banks are looking for a way to reduce the banking costs without
compromising the quality of the service. Numerous vendors in order to cope up with the pace are
developing smart and intelligent banking platforms. This is anticipated to help the market grow
exponentially.
Digital Banking Platform Market: Drivers and Restraints
One of the major factor pushing the market in the forward direction is the growing demand for the
consumer electronics products such as Laptops, Smartphones, and Computers. These devices have
helped users to multitask. A user can perform most of the banking activities through these devices, thus
endorsing the digital banking platform market. Increasing penetration of internet in most of the places is
favoring the growth of the market, as Internet helps a user to connect with its banking platform. In
order to provide its clients’ a better experience, all the leadings banks have adopted digital banking
platform, thus attracting more users. The digital banking platform market are known to be safe and
reliable, this further fuels the demand. Surge in the level of investments by private and public capital
holders behind the research and development activities is anticipated to improve the service, thus
proliferating the demand in market. Vendors in the market are extensively building more enhanced
mobile friendly banking platforms, custom-built banking services, and enterprise oriented banking
platforms.
Brochure With Latest Advancements and Application
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Digital Banking Platform Market: Regional Outlook
On the basis of geography, the market is divided into Europe, North America, Middle East and Africa,
Latin America, and Asia Pacific. Amongst these pack, North America is predicted to hold the leading
share in terms of revenue owing to presence of major players and rapid adoption of latest technology in
the market. However, on the other hand, Asia Pacific is predicted to exhibit a strong growth owing to
booming IT infrastructure and hefty investments from the private and public players in the region.
Digital Banking Platform Market: Companies Mentioned
Some of the major players in the market are CREALOGIX, EdgeVerve, ieDigital, Sopra, SAB, Oracle, SAP,
Tagit, AApway, BNY Mellon, Worldline, Halcon, and Fiserv.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights,
historical data, and verifiable projections about market size. The projections featured in the report have
been derived using proven research methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of the market, including but not limited
to: Regional markets, technology, types, and applications.
Author
Mayurideore
Mayurideore107   documents Email
Document
Category
Business and Leadership
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224 KB
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market, Digital Banking Platform Market
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