Title: Digital Banking Market Research Report- Global Forecast to 2022
1Digital Banking Market Expected to Grow at CAGR
of 8 from 2016 to 2022
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2Market Scenario Digital banking is a concept
which allows the banks and their customers to do
the end-to-end processing of banking
transactions, operation and activities
seamlessly. Technology proliferation in various
parts of banking system and arrival of smartphone
is helping the bankers to move their traditional
banking system to modern. Easy availability,
maximum utility and low cost are some of the
important factor for the high adoption of digital
banking in current environment. Moreover, banks
are constantly adapting new applications to
satisfy the needs of their customers by providing
services like ATM, internet banking, mobile
banking, SMS banking among others. Report
Sample https//www.marketresearchfuture.com/sampl
e_request/1986
3Market Research Analysis Global digital banking
market is growing rapidly owing to the factors
such as increasing internet and smartphone users.
Currently, North America is dominating the market
of digital banking. High density of smartphone
users and technologically advanced countries such
as U.S. and Canada gives North America a
competitive advantage over the other regions.
Europe stands as second biggest revenue generator
in this market. Rich financial sector of U.K.,
France and Germany among other countries are the
major contributor in the growth of digital
banking in Europe region. Browse Complete Report
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rts/digital-banking-market-1986
4Scope of the Report The Digital banking markets
has been segmented on the basis of deployment,
services, Technology, and industry. By deployment
the market has been segmented as- On cloud and
On- premises. The services includes
Non-transactional activities, transactional among
others. On the basis of technology includes-
mobile banking, internet banking, digital
payments whereas on the basis of industries, the
market includes- retail, banking, manufacturing,
media entertainment, and healthcare among
others.
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6Key Players The major player operating in the
market of Global Digital Banking are- Urban FT,
Inc. (U.S.), Misys (U.K.), Kony, Inc. (U.S.),
Backbase (Netherlands), Technisys (Subsidiary of
FMC Technologies) (U.S), Infosys (Bangalore),
Cachet Financial Solutions, Inc. (U.S), Innofis
(Spain), Mobilearth (Canada), among other The
other players operating in this market are-
Nymbus, NLS Banking, IDEALINVENT Technologies,
Capital Banking Solutions and among others. The
major players in this market have adopted the
strategies such as geographic expansion, product
launch, collaboration, and mergers
acquisitions. The growth of the market vendors is
dependent on the market conditions, government
support, and industry development. Thus, the
vendors should focus on expanding, geographically
and improving the services.
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