Digital Banking Platform Market is projected to Grow at a CAGR of 11.2% from 2018 to 2023

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The digital banking platforms market is projected to grow from USD 3.3 billion in 2018 to USD 5.7 billion by 2023.

The digital banking platforms market is projected to grow from USD 3.3 billion in 2018 to USD 5.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period.



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The key players in the Digital Banking Platforms Market include – Appway (Switzerland), Backbase (Netherlands), CREALOGIX (Switzerland), ebanklT (England), EdgeVerve (India), Intellect Design Arena (India), Finastra (UK), ieDigital (England), ETRONIKA (Lithuania), Fidor (Germany), Fiserv (US), Halcom (Slovenia), NETinfo (Cyprus), Kony (US), NF Innova (Austria), Oracle (US), SAB (France), SAP (Germany), Sopra (France), Tagit (Singapore), TCS (India), Technisys (US), Temenos (Switzerland), BNY Mellon (US), and Worldline (France).



This research study covers the segmentation of the digital banking platforms market by banking type, banking mode, deployment type, and region. These segments are mapped across various regions,such as North America, Europe, APAC,Middle East and Africa (MEA), and Latin America. The report provides in-depth market intelligence regarding the key factors, such as drivers, opportunities, and challenges influencing the growth of the digital banking platforms market across the globe. It also offers an analysis of the micro markets with respect to individual growth trends, prospects, and their contribution to the overall digital banking platforms market.



Digital Banking Platforms Market spread across 111 pages, profiling 25 companies and supported with 34 tables and 40 figures; Order Digital Banking Platforms Market Research Study @ https://www.reportsnreports.com/purchase.aspx?name=1766752



The digital banking platforms market is projected to grow from USD 3.3 billion in 2018 to USD 5.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period. The growing demand among banks to deliver enhanced customer experience, the increasing adoption of cloud-based platforms to obtain higher scalability, and the rising adoption of smart phones and tablets are expected to drive the growth of the digital banking platforms market. The major factor that restricts the market growth is the difficulty in integrating digital banking platforms with legacy systems.



Get Discount on Digital Banking Platforms Market by Banking Type (Retail Banking and Corporate Banking), Banking Mode (Online Banking and Mobile Banking), Deployment Type (On-Premises and Cloud), and Region - Global Forecast to 2023 @ https://www.reportsnreports.com/contacts/discount.aspx?name=1766752



The retail banking segment is estimated to dominate the digital banking platforms market in 2018. Retail banking has emerged as an essential enabler in the digital banking platforms market to translate banking models across the globe. The digital revolution has led to a disrupted marketplace with changing customer behaviors and expectations, emerging competitors, and innovative technologies. With the increasing number of channels, financial institutions are changing their operating processes to provide customers with premium services and improve their account management.

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