Core Banking Solution Market: Banks End User Segment to Lead in Terms of Value Share Throughout the Forecast Period: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027

  • Published: 2017-10-25
  • Report Code: REP-GB-3395

An Incisive, In-depth Analysis on the Core Banking Solutions Market

This study offers a comprehensive, 360 degree analysis on the Core Banking Solutions market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Core Banking Solutions market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Branch Less Banking to Impact Core Banking Solution Market

It is quite challenging for banks in emerging economies to establish a physical presence to cater to the immense needs of an underserved populations in rural areas. Branch less banking offers a good solution to this predicament and banks have invested in mobile banking, net banking, and email banking to be available to any customers with the tap of a button. Banks are now able to tap customers in far-flung rural areas and thereby increase banking frequency. There is a strong likelihood of some customers avoiding the use of banks because of the difficulties faced in terms of travel and time with branch based transactions. Therefore, banks are providing their customers ample choice and easy access via smartphones and companies involved in the core banking solutions market should take this into account.

Banks Dominate the Core Banking Solution Market by End Users

Banks have a commanding position in the core banking solutions market and are poised to gain massive BPS over the course of the forecast period. The banks segment is expected to have a value of just under US$ 7.6 billion in 2017 and exhibit the highest market attractiveness of 5.0 for the period from 2017 to 2027. The financial institution segment is roughly half the size of banks in the core banking solutions market. Nonetheless, a CAGR of 4.6% from 2017 to 2027 makes it unwise to ignore financial institutions entirely in the core banking solutions market.

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Banks Focussing on Consumer Analytics to Foster Loyalty

Nowadays, banks have begun to prioritize customer behavioural analysis through big data. This is one of the biggest trends in the core banking solutions market and customer data analytics is essentially studying the customer’s data provided to the respective bank. Customer data analytics functions as the base for modifying the core banking solution to cater to changing customer requirements. Key stakeholders in the core banking solutions market are trying to develop new and innovative technologies that increase their customer base while entrenching loyalty amongst the current ones, primarily by way of exhaustive consumer analytics.

Customer Satisfaction and Retention Critical in Core Banking Solution Market

As a result of cutthroat competition in the banking sector, retail banks now face the challenge of customer retention and core banking solutions are the link between banks and their customers in ensuring this is addressed. Core banking solutions allow banks to perform an effective customer analysis while simultaneously enabling customers to carry out their usual banking transactions. Customer satisfaction is improved with the core banking solutions and the latter go a long way in reducing customer effort.

North America and Europe have Well-Developed Financial Infrastructure

North America and Europe have a robust financial infrastructure in place with New York and London being the global capitals of financial transactions. The Western Europe banks segment is anticipated to have a value of almost US$ 3 billion by end 2027 that should make it roughly twice the size of financial institutions at that time. A similar potential exists in the North America banks segment as is it predicted to push past US$ 3.1 billion in end 2027.

Through a comprehensive fact-based approach, Future Market Insights has carefully crafted a report titled ‘Core Banking Solution Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)’. The primary objective of this research report is to highlight different scenarios such as drivers, restraints, opportunities, and trends that have influence the core banking solution market – both directly and indirectly. The market dynamics have been closely observed since the year 2012 and the study has been presented in a systematic format to allow the reader to understanding the volatile scenario in the core banking solution market across different regions. Furthermore, the report focuses on future market projections that give an idea of the growth prospects that await key stakeholders in the core banking solution market. The forecast period is for ten years and ends in 2027.

Core Banking Solution Market Taxonomy

End User

Component

Region

  • Banks

  • Financial Institution

  • Others

  • Software

  • Services

  • North America

  • Western Europe

  • Eastern Europe

  • Latin America

  • APEJ

  • Japan

  • MEA

Holistic, Complete Approach

The core banking solution market report has a 360o perspective with important geographic regions examined for trends and developments that are region-specific and impact the core banking solution market. This complete approach is extremely helpful in assisting the reader gain crucial information with respect to the entire core banking solution market and this includes all market segments. Several revenue pockets can be pinpointed with this research study and the regions with the highest growth potential in the core banking solution market can be targeted. In addition, the global analysis is conducted without a bias of any sort, making the report an authoritative source on the core banking solution market that can be relied upon.

Unique Research Methodology – X Factor of Future Market Insights

The research methodology deployed by Future Market Insights is one of a kind and is invaluable in gathering critical insights of the core banking solution market. The research methodology is underpinned by solid primary as well as secondary research. Secondary research is important to gain an in-depth knowledge of the core banking solution market with emphasis on the major players. Simultaneously, the primary research is carried out with industry experts, market observers, and opinion leaders to cross-verify all the data gleaned from the secondary research. The statistical data is then thoroughly verified in a multi-stage process till the research report is completed. These verification funnels allow our experts to deliver a research report of the highest quality, enabling key stakeholders to gain a true picture of the core banking solution market.

Competitive Landscape for SWOT Analysis

There is a dedication section in the report highlighting the competitive landscape in the core banking solution market. Companies have been studied on the basis of a product and general overview, financial ratios, and recent developments. Thus, the reader can get a firm grasp on the competitive scenario in the core banking solution market and devise their strategies accordingly.

Report Summary

This report provides expert recommendations coupled with statistical analysis to gain stability and improve market position within the core banking solution market. All the information has been given in an easy-to-understand, logical format for the readers’ benefit.

Core Banking Solutions Market Reports - Table of Contents

Core Banking Solutions Market Reports - List of Tables

Table 01: North America Core Banking Solution Market Value (US$ Mn), By Component, 2012–2016

Table 02: North America Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Component, 2017–2027

Table 03: North America Core Banking Solution Market Value (US$ Mn), By End User, 2012–2016

Table 04: North America Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End User, 2017–2027

Table 05: Western Europe Core Banking Solution Market Value (US$ Mn), By Component, 2012–2016

Table 06: Western Europe Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Component, 2017–2027

Table 07: Western Europe Core Banking Solution Market Value (US$ Mn), By End User, 2012–2016

Table 08: Western Europe Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End User, 2017–2027

Table 09: Eastern Europe Core Banking Solution Market Value (US$ Mn), By Component, 2012–2016

Table 10: Eastern Europe Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Component, 2017–2027

Table 11: Eastern Europe Core Banking Solution Market Value (US$ Mn), By End User, 2012–2016

Table 12: Eastern Europe Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End User, 2017–2027

Table 13: Latin America Core Banking Solution Market Value (US$ Mn), By Component, 2012–2016

Table 14: Latin America Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Component, 2017–2027

Table 15: Latin America Core Banking Solution Market Value (US$ Mn), By End User, 2012–2016

Table 16: Latin America Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End User, 2017–2027

Table 17: APEJ Core Banking Solution Market Value (US$ Mn), By Component, 2012–2016

Table 18: APEJ Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Component, 2017–2027

Table 19: APEJ Core Banking Solution Market Value (US$ Mn), By End User, 2012–2016

Table 20: APEJ Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End User, 2017–2027

Table 21: Japan Core Banking Solution Market Value (US$ Mn), By Component, 2012–2016

Table 22: Japan Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Component, 2017–2027

Table 23: Japan Core Banking Solution Market Value (US$ Mn), By End User, 2012–2016

Table 24: Japan Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End User, 2017–2027

Table 25: MEA Core Banking Solution Market Value (US$ Mn), By Component, 2012–2016

Table 26: MEA Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Component, 2017–2027

Table 27: MEA Core Banking Solution Market Value (US$ Mn), By End User, 2012–2016

Table 28: MEA Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End User, 2017–2027

Core Banking Solutions Market Reports - List of Figures

Figure 01 : Global Core Banking Solution Market Value (US$ Mn), 2017–2027

Figure 02 : Region-wise mobile contribution to GDP

Figure 03 : Global Per Capita Income

Figure 04 : Global Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 05 : Global Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 06 : Global Core Banking Solution Market Absolute $ Opportunity (US$ Mn) 2017–2027

Figure 07 : U.S. Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 08 : U.S. Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 09 : Canada Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 10 : Canada Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 11 : North America Core Banking Solution Market Attractiveness Index, By Country, 2017–2027

Figure 12 : North America Core Banking Solution Market Attractiveness Index, By Component, 2017–2027

Figure 13 : North AmericaCore Banking Solution Market Attractiveness Index , By End User, 2017–2027 

Figure 14 : Germany Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 15 : Germany Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 16 : France Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 17 : France Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 18 : U.K. Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 19 : U.K. Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 20 : Spain Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 21 : Spain Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 22 : Italy Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 23 : Italy Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 24 : BENELUX Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 25 : BENELUX Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 26 : Nordic Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 27 : Nordic Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 28 : Rest of Western Europe Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 29 : Rest of Western Europe Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 30 : Western Europe Core Banking Solution Market Attractiveness Index, By Country, 2017–2027

Figure 31 : Western Europe Core Banking Solution Market Attractiveness Index, By Component, 2017–2027

Figure 32 : Western EuropeCore Banking Solution Market Attractiveness Index , By End User, 2017–2027 

Figure 33 : Russia Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 34 : Russia Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 35 : Poland Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 36 : Poland Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 37 : Rest of Eastern Europe Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 38 : Rest of Eastern Europe Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 39 : Eastern Europe Core Banking Solution Market Attractiveness Index, By Country, 2017–2027

Figure 40 : Eastern Europe Core Banking Solution Market Attractiveness Index, By Component, 2017–2027

Figure 41 : Eastern EuropeCore Banking Solution Market Attractiveness Index , By End User, 2017–2027 

Figure 42 : Brazil Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 43 : Brazil Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 44 : Mexico Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 45 : Mexico Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 46 : Rest of Latin America Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 47 : Rest of Latin America Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 48 : Latin America Core Banking Solution Market Attractiveness Index, By Country, 2017–2027

Figure 49 : Latin America Core Banking Solution Market Attractiveness Index, By Component, 2017–2027

Figure 50 : Latin AmericaCore Banking Solution Market Attractiveness Index , By End User, 2017–2027 

Figure 51 : China Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 52 : China Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 53 : India Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 54 : India Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 55 : Australia & New Zealand Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 56 : Australia & New Zealand Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 57 : ASEAN Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 58 : ASEAN Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 59 : Rest of APEJ Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 60 : Rest of APEJ Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 61 : APEJ Core Banking Solution Market Attractiveness Index, By Country, 2017–2027

Figure 62 : APEJ Core Banking Solution Market Attractiveness Index, By Component, 2017–2027

Figure 63 : APEJ Core Banking Solution Market Attractiveness Index , By End User, 2017–2027 

Figure 64 : Japan Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 65 : Japan Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 66 : Japan Core Banking Solution Market Attractiveness Index, By Component, 2017–2027

Figure 67 : Japan Core Banking Solution Market Attractiveness Index , By End User, 2017–2027 

Figure 68 : GCC Countries Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 69 : GCC Countries Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 70 : Turkey Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 71 : Turkey Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 72 : North Africa Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 73 : North Africa Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 74 : South Africa Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 75 : South Africa Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 76 : Rest of MEA Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 77 : Rest of MEA Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 78 : MEA Core Banking Solution Market Attractiveness Index, By Country, 2017–2027

Figure 79 : MEA Core Banking Solution Market Attractiveness Index, By Component, 2017–2027

Figure 80 : MEA Core Banking Solution Market Attractiveness Index , By End User, 2017–2027 

Figure 81 : Global Core Banking Solution Market Value Share (%) & BPS Analysis, By Region, 2017 & 2027

Figure 82 : Global Core Banking Solution Market Value Y-o-Y Growth Comparison, By Region 2017 & 2027

Figure 83 : North America Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 84 : North America Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 85 : Western Europe Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 86: Western Europe Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 87: Eastern Europe Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 88 : Eastern Europe Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 89: Latin America Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 90: Latin America Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 91: APEJ Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 92: APEJ Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 93: Japan Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 94:Japan Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 95: MEA Core Banking Solution Market Value (US$ Mn), 2012–2016 

Figure 96: MEA Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 97: Global Core Banking Solution Market Attractiveness Index, By Region, 2017–2027

Figure 98: Global Core Banking Solution Market Value Share (%) & BPS Analysis, By Component, 2017 & 2027

Figure 99: Global Core Banking Solution Market Value Y-o-Y Growth Comparison, By Component, 2017 & 2027

Figure 100: Global Core Banking Solution Market Value (US$ Mn), By Software Segment, 2012–2016 

Figure 101:Global Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Software Segment, 2017–2027

Figure 102: Global Core Banking Solution Market Value (US$ Mn), By Services Segment, 2012–2016 

Figure 103:Global Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Services Segment, 2017–2027

Figure 104 : Global Core Banking Solution Market Attractiveness Index, By Component, 2017–2027

Figure 105 : Global Core Banking Solution Market Value Share (%) & BPS Analysis, By End Users, 2017 & 2027

Figure 106 : Global Core Banking Solution Market Value Y-o-Y Growth Comparison, By End Users, 2017 & 2027

Figure 107 : Global Core Banking Solution Market Value (US$ Mn), By Banks Segment, 2012–2016 

Figure 108 : Global Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Banks Segment, 2017–2027

Figure 109 : Global Core Banking Solution Market Value (US$ Mn), By Financial Institutions Segment, 2012–2016

Figure 110 : Global Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Financial Institutions Segment, 2017–2027

Figure 111 : Global Core Banking Solution Market Value (US$ Mn), By Others Segment, 2012–2016 

Figure 112 : Global Core Banking Solution Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Others Segment, 2017–2027

Figure 113 : Global Core Banking Solution Market Attractiveness Index, By End User, 2017–2027

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