Digital Banking Market – Trends Forecast Till 2030

1
Digital Banking Market Trends and Forecast Till
2030
sales_at_delvens.com www.delvens.com
2
Digital Banking Market Trends and Forecast Till
2030
Digital Banking Market, By Services
(Non-Transactional Activities, Transactional),
Mode (Online Banking Platforms, Mobile Banking
Apps), Banking (Retail, Corporate, Investment),
Technology (Internet Banking, Digital Payments,
Mobile Banking), Industries (Media
Entertainment, Manufacturing, Retail, Banking,
Healthcare), and region (North America, Europe,
Asia-Pacific, Middle East and Africa and South
America).
Request For Free Sample Report
https//www.delvens.com/get-free-sample/digital-ba
nking-market
sales_at_delvens.com
www.delvens.com
3
Market Overview
The digital banking market is poised for
substantial growth, with a projected compound
annual growth rate (CAGR) of 14.8 from 2023 to
2030, as highlighted in the report. This growth
trajectory is primarily driven by the global
surge in digitization, which has revolutionized
the way banking services are accessed and
delivered. Digital banking encompasses a range of
online and mobile services that enable customers
to manage their finances efficiently, including
transferring funds, checking account balances,
and paying bills, all through internet-connected
devices. This shift towards digital solutions is
supported by the increasing adoption of
smartphones and tablets worldwide, enhancing the
convenience and accessibility of banking
services. These innovations are expected to open
up new revenue streams and enhance operational
efficiencies for banks. The increased focus on
cross-selling and upselling strategies also
presents significant opportunities for market
growth, as banks look to expand their service
offerings and deepen customer engagement. Purch
ase this Report https//www.delvens.com/checkout/
digital-banking-market
sales_at_delvens.com
www.delvens.com
4
Key Findings
The Digital Banking Market is segmented into
Based on Services, Based on Mode, Based on
Banking On the basis of Services, the digital
banking market is divided into transactional
services non-transactional services. The
transactional services segment held a major
market share of around 82 in 2023. Transactional
services in digital banking are essential for
facilitating immediate financial needs. For
instance, cash deposits and withdrawals provide
convenient access to funds, reducing reliance on
physical branches. On the basis of Mode, in
2023, the online banking segment dominated the
digital banking platform market, commanding an
81.2 revenue share. This segment is poised to
maintain its leadership, projected to grow at a
CAGR of 19.7 throughout the forecast
period.  On the basis of Banking, In the banking
segment, retail banking dominates, serving
individual consumers with products like savings
accounts and loans. It's driven by accessibility,
convenience, and personalized experiences,
generating revenue through fees and interest. In
India, digital payments surged from 162 crore to
over 14,726 crore transactions from FY13 to FY24,
highlighting rapid adoption of digital banking
services.
sales_at_delvens.com
www.delvens.com
5
Key Findings
The market is also divided into various regions
such as North America, Europe, Asia-Pacific,
South America, and Middle East and Africa. Asia
Pacific dominated the digital banking market,
attributed to the expanding population base and
widespread internet connectivity. Countries such
as China, India, and Indonesia are at the
forefront of this transformation. Inquire Before
Buying https//www.delvens.com/Inquire-before-buy
ing/digital-banking-market
sales_at_delvens.com
www.delvens.com
6
Competitive Landscape

• Appway AG.
• THE BANK OF NEW YORK MELLON CORPORATION
• CREALOGIX AG.
• ebanklT
• ETRONIKA
• Fidor Solutions AG
• Finastra
• Halcom
• ieDigital
• Infosys
• Intellect Design Arena Ltd

• NETinfo Plc
• NF Innova
• Oracle
• SAP
• Sopra Steria
• Tata Consultancy Services Limited.
• Technisys
• Temenos Headquarters SA
• Worldline
• Infosys
• Intellect Design Arena Ltd

sales_at_delvens.com
www.delvens.com
7
Recent Developments
In May 2024, Revolut, a London-based FinTech
firm, announced plans for expansion into the Asia
Pacific region, focusing on markets such as New
Zealand and Singapore. Building on its success in
Australia, where it has garnered 600,000
customers and seen significant transaction volume
growth, Revolut aims to replicate its
achievements by tapping into new markets in Asia
Pacific. In September 2023, Bank of America
launched "Erica," an AI-powered virtual assistant
embedded within their mobile app. Designed to
provide personalized financial insights and
streamline banking transactions, "Erica" aims to
enhance user experience through intuitive digital
interactions. This innovative use of AI
technology underscores Bank of America's
commitment to leveraging advanced digital
solutions to meet the evolving needs of their
customers, making banking more accessible and
efficient.
sales_at_delvens.com
www.delvens.com
8
Contact Information
About Us Delvens is a strategic advisory and
consulting company headquartered in New Delhi,
India. The company holds expertise in providing
syndicated research reports, customized research
reports and consulting services. Delvens
qualitative and quantitative data is highly
utilized by each level from niche to major
markets, serving more than 1K prominent companies
by assuring to provide the information on
country, regional and global business
environment. We have a database for more than 45
industries in more than 115 major countries
globally. Contact Us 44-20-3290-6466 1
214-377-1144 sales_at_delvens.com
sales_at_delvens.com
www.delvens.com