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Open Banking Market

Market Insights on Open Banking covering sales outlook, demand forecast & up-to-date key trends

Open Banking Market by Services, Deployment Mode, Distribution Channel & Region - Forecast 2022-2032

Open Banking Market Outlook

[250 Pages Report] The open banking market revenue estimated to grow ~US$ 19.6 Bn in 2022. The open banking market is expected to reach ~US$ 158.6 Bn by 2032, growing at a CAGR of 23.2% for 2022 – 2032.

Estimated year (2022) Market Value

US$ 19.6 Bn

Projected year (2032) Market Value

US$ 158.6 Bn

CAGR% (2022-2032)

23.2%

Top 5 Vendor Market Share

Around 35%

Open banking market currently represents nearly 45% market share in the overall banking-as-a-service market. Businesses are able to use open banking and pay less for transactions. Account-to-account (A2A) payments, for instance, can reduce transaction costs by getting rid of card schemes.

For acquiring card payments, card issuers impose a variety of fees, which raises the cost of the transaction. By choosing a payment gateway that offers the most affordable service, businesses can secure themselves with the aid of open banking. Many payment service providers have been able to enter the market and provide services at competitive pricing because of open banking.

The foundation of open banking is security. The highest security criteria must now be met by all third party payment service providers in order for them to operate in the market. The banking sector is now more transparent thanks to open banking because more players are sharing data and security procedures are becoming more widely standardized.

The open banking system has improved consumer identity authentication. Strong customer authentication (SCA), which adds an additional layer to all electronic payments and reduces the risk of payment fraud, has been implemented in the Europe region via open banking and PSD2 services. As a result, the advantages provided by open banking solutions are anticipated to rule the industry.

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Centralization Of Banking Services And Increase In The Financial Market Is Expected To Drive The Market Demand

Open banking makes it easier for clients to obtain solutions and services that are tailored to their individual needs. This assists customers in their daily operations. This is due to everything is simpler because of the wide variety of banking APIs that already exist and the new ones that have emerged. Only having access to technology is required. Operations are automated, and time spent is reduced.

With the help of centralization of services available in open banking solutions, banks over again have total control over the several services their consumers demand advice, loans, financing, and transfers. Therefore, everything is done with greater visibility and under a single administration.

With the appearance of more clients in open banking solutions, the diverseness of APIs and services will be much higher. Thus, the advantages offered by the open banking solution is expected to drive the market demand.

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Because of the existence of crucial players, the open banking market in the European region is apparently considerably mature. The open banking market is entering to maturity stage in the North American region as a result of the increase in the usage of online payment platforms.

Due to the benefits offered by the open banking for banks and financial institutions, and innovative solutions provided by the solution, the market for open banking in South Asia and the Pacific region is recently in its growth maturity stage.

2017-2021 Open Banking Market Demand Outlook Compared To 2022-2032 Forecast

The open banking market demand is expected to increase at 23.2% CAGR between 2022 and 2032 in comparison with 21.1% CAGR registered during 2017-2021. Applications that banks and third-party vendors connected through open banking have created to let customers get integrated account information from several financial service providers. However, using these programs and services helps customers save money and data.

These shows also offer guidance to viewers on how to better manage their finances. Digital services from open banking and other banking industries benefit consumers.

Additionally, it is anticipated that open banking will give third-party businesses opportunities to develop better applications and services. Thus, when more new apps and services are adopted, customers will be able to choose for a better experience, which will drive market growth globally.

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Enhanced Overall Consumer Engagement With Open Banking API’s Is Expected To Drive The Growth Of The Market

Enhanced overall consumer engagement with open banking APIs provides a distinctive way to enhance consumer demands by offering simple accessibility to the consumers. The banking and financial firms offers its very own application programming interfaces that permits the third parties and banks to offer inventive services, which further provides expected development in the financial revenue.

On the other hand, an open banking application platform boost consumers to engage with their financial data in an inventive way. On the other hand, banks are acknowledging the potential of open banking and enhancing services offering consumer experience and consumer engagement.

Therefore, open banking demands modern approaches to operate customer engagement. Technological innovations have also encouraged crucial players to develop more inventive solutions. Major players are creating account for account to account payment solution for POS terminals.

This advanced technology permits consumers to accessibly pay for goods and services in physical stores without a bank card. Therefore, all these factors are expected to drive the market demand.

Regional Analysis

Europe region is dominating the worldwide market with a share of around 32.9% in the year 2021. Moreover, South Asia and Pacific region is expected to register strong growth in the market, exhibiting a CAGR of around 22.5% during the forecast period.

Moreover, North America is estimated to be the second fastest growing region in the open banking market. This region is predicted to grow with a market share of around 20.7% during the forecast period.

In the North America region rise in the number of people utilizing modern apps wave and services. Additionally, an improvement in consumer engagement and attending banking customer demands boost the development of the open banking market.

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Country-Wise Insights

How will the sales prospects for open banking unfold in India?

Remarkable growth in the collaboration of financial service providers, and conventional banking with fin-tech is anticipated to be opportunistic for the open banking market growth in India. Due to these factors, the sales in India are predicted to increase at the CAGR of 24.1% during the predicted period 2022-32.

How big is the opportunity for open banking market in Germany?

European was one of the first regions to implement open banking systems, and as the European Union's economic powerhouse, Germany was bound to provide a large market for the open banking market. The large BFSI industry of Germany consolidates the market growth. The widespread use of smartphones and technologies in this country allows the creation of the necessary market for the use of open banking apps.

Why UK is Estimated to be One of the Fort Runners for The Open Banking Market?

Open Banking as a concept was first introduced in the UK in 2017, which made it mandatory for banks to share the banking information of their accounts with third party vendors in a secure manner.

This allowed businesses to establish themselves over a period of time, offering numerous solutions and services to their customers regarding financial decision making. Other factors assisting in the growth of the open-banking market in the UK include widespread use of smartphones and internet penetration; and a large economy which is distributed within its population relatively well, compared to large economies with bigger populations.

Category-Wise Insights

What New Inputs Can Value Added Services Bring to the Table for Open Banking Market?

Value-added services are estimated to grow at a CAGR of 11.3% over the forecast period. Although this market does not hold the largest market share or the highest CAGR, value-added services could definitely create space for new businesses with unique models and services to provide.

Using artificial intelligence and data science, the value of the information which is provided by value-added services and the insights offered to the end-users could improve, allowing a greater attraction towards these services.

Why Cloud Deployment Mode is Estimated to the Higher Growth Rate?

Cloud deployment methods allow businesses of all sizes to not invest in space and hardware, software technologies in their offices or enterprise-owned devices. The greater the enterprise and customers, the greater would be the investment in the necessary technology.

Today, this requirement is no longer necessary because of cloud technologies. Small and medium enterprises are attracted to the cloud for the benefits which are not available in the on-premises mode of deployment, and even large enterprises are attracted to the cloud for the same reasons.

Due to this, cloud deployment is estimated to grow at a CAGR of 22.7% over the forecast period.

Why Apps Market has the Greatest Market Share by Distribution Channel?

Upon making the information of account holders available to third-party vendors, most of the businesses that used this information were fin-tech companies, which primarily operated their businesses via smartphones.

Numerous businesses that use open banking, such as digital banking applications, value-added services, payment platforms, etc., are such businesses that rely on smartphone applications. For this reason, the app market held the highest market share of 33.8% in the year 2021.

Competitive Landscape

Open banking companies are primarily companies which have their presence in the finance and fin-tech sectors. Regulations and government decisions have a big impact on the operations of these businesses.

  • In October 2022, GoCardless signed Crowdz, the SME finance platform, as its latest customer for US$ 10 million. The open banking solutions will include instant bank payment to the UK, USA, and Europe, verified mandates to protect against fraud, and PayTo, for instant payment and account verification.
  • In September 2022, PCI Pal announced the release of Pay By Bank, its latest open banking solution for contact centers. The solution will allow merchants to minimize their cost of transactions and provide rapid refunds.

Scope Of Report

Attribute

Details

Market value in 2022

US$ 19.6 Bn

Market CAGR 2022 to 2032

23.2%

Share of top 5 players

Around 35%

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

USD Billion for Value

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa

Key Countries Covered

US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Malaysia, Indonesia, Singapore, Australia & New Zealand, GCC Countries, Turkey, North Africa and South Africa

Key Segments Covered

Services, Deployment Mode, Distribution Channel and Region

Key Companies Profiled

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Open Banking Market Outlook By Category

By Services, Open Banking Market is segmented as:

  • Banking and Capital Markets
  • Payments
  • Digital Currencies
  • Value Added Services

By Deployment Mode, Open Banking Market is segmented as:

  • Cloud
  • On-Premises

By Distribution Channel, Open Banking Market is segmented as:

  • Bank Channels
  • Apps Market
  • Distributors
  • Aggregators

By Region, Open Banking Market Sales is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

Frequently Asked Questions

South Asia and Pacific is projected to register strong growth in the market, exhibiting a CAGR of nearly 22.5% during the forecast period. However, North America was leading the global market with share of around 20.7% in 2021.

Key trends in the market includes: • Enhanced overall consumer engagement with open banking api’s • Centralization of banking services and increase in the financial services market

Banking and capital market segment is expected to dominate the market over the forecast period, generating a maximum revenue, among all services segment, in the year 2022.

The open banking market was valued at ~US$ 16.1 Bn in 2021, and is estimated to grow at a substantial pace with a CAGR of 23.2% to reach ~US$ 158.6 Bn in 2032.

On-premises segment is expected to dominate the market over the forecast period, generating a maximum revenue, among all deployment mode, in the year 2022.

The market in last 5 years (2017 – 2021) grew by a CAGR of 21.1%.

Open Banking offers features such as it provides Quicker Access to Credit and Financing Procedure this factor is Driving the Market Growth

East Asia is predicted to remain one of the most attractive markets during the forecast period 2022-2032. According to Future Market Insights, China accounted for nearly 7.5% market share of East Asia in 2021.

The global market growth between 2021 and 2022 is around 21.6%.

Top 5 countries driving demand for open banking include U.S., Germany, U.K., India and Japan.

Europe is predicted to remain one of the most attractive markets during the forecast period, according to Future Market Insights. According to the study, Germany is expected to account for 32.9% of the Europe market in 2021.

The open banking demand in China and Japan is projected to register CAGR of around 19.2% and 21.9% respectively between 2022 and 2032.

Banco Bilbao Vizcaya Argentaria, S.A., Crédit Agricole, Finastra, Jack Henry & Associates, Inc., Mambu, Nordigen Solutions, among others, are few top players.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Pricing Analysis

    4.1. Open Banking Platforms, Pricing Models

    4.2. Global Average Pricing Analysis Benchmark

5. COVID-19 Impact Analysis

    5.1. Impact of COVID-19 on Open Banking Market Growth

    5.2. Pre-COVID-19 Market Growth (2017-2019)

    5.3. Expected Recovery Scenario (Short Term/Mid Term/Long Term)

    5.4. Key Action Points for Open Banking Market Vendors

6. Global Open Banking Market Demand (in Value in US$ Mn) Analysis 2017-2021 and Forecast, 2022-2032

    6.1. Historical Market Value (US$ Mn) Analysis, 2017-2021

    6.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Market Background

    7.1. Macro-Economic Factors

    7.2. Forecast Factors - Relevance & Impact

    7.3. Value Chain

    7.4. Market Dynamics

        7.4.1. Drivers

        7.4.2. Restraints

        7.4.3. Opportunities

8. Global Open Banking Market Analysis 2017-2021 and Forecast 2022-2032, By Services

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) Analysis By Services, 2017 - 2021

    8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Services, 2022 - 2032

        8.3.1. Banking and Capital Markets

        8.3.2. Payments

        8.3.3. Digital Currencies

        8.3.4. Value Added Services

    8.4. Market Attractiveness Analysis By Services

9. Global Open Banking Market Analysis 2017-2021 and Forecast 2022-2032, By Deployment Mode

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) Analysis By Deployment Mode, 2017 – 2021

    9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Deployment Mode, 2022 – 2032

        9.3.1. Cloud

        9.3.2. On-premises

    9.4. Market Attractiveness Analysis By Deployment Mode

10. Global Open Banking Market Analysis 2017-2021 and Forecast 2022-2032, By Distribution Channel

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) Analysis By Distribution Channel, 2017 - 2021

    10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Distribution Channel, 2022 - 2032

        10.3.1. Bank Channels

        10.3.2. Apps Market

        10.3.3. Distributors

        10.3.4. Aggregators

    10.4. Market Attractiveness Analysis By Distribution Channel

11. Global Open Banking Market Analysis 2017-2021 and Forecast 2022-2032, by Region

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) Analysis By Region, 2017 - 2021

    11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Region, 2022 - 2032

        11.3.1. North America

        11.3.2. Latin America

        11.3.3. Europe

        11.3.4. East Asia

        11.3.5. South Asia & Pacific

        11.3.6. Middle East & Africa

    11.4. Market Attractiveness Analysis By Region

12. North America Open Banking Market Analysis 2017-2021 and Forecast 2022-2032

    12.1. Introduction

    12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017 - 2021

    12.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2032

        12.3.1. By Services

        12.3.2. By Deployment Mode

        12.3.3. By Distribution Channel

        12.3.4. By Country

            12.3.4.1. U.S.

            12.3.4.2. Canada

    12.4. Market Attractiveness Analysis

        12.4.1. By Services

        12.4.2. By Deployment Mode

        12.4.3. By Distribution Channel

        12.4.4. By Country

    12.5. Market Trends

13. Latin America Open Banking Market Analysis 2017-2021 and Forecast 2022-2032

    13.1. Introduction

    13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017 - 2021

    13.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2032

        13.3.1. By Services

        13.3.2. By Deployment Mode

        13.3.3. By Distribution Channel

        13.3.4. By Country

            13.3.4.1. Brazil

            13.3.4.2. Mexico

            13.3.4.3. Rest of Latin America

    13.4. Market Attractiveness Analysis

        13.4.1. By Services

        13.4.2. By Deployment Mode

        13.4.3. By Distribution Channel

        13.4.4. By Country

    13.5. Market Trends

14. Europe Open Banking Market Analysis 2017-2021 and Forecast 2022-2032

    14.1. Introduction

    14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017 - 2021

    14.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2032

        14.3.1. By Services

        14.3.2. By Deployment Mode

        14.3.3. By Distribution Channel

        14.3.4. By Country

            14.3.4.1. Germany

            14.3.4.2. Italy

            14.3.4.3. France

            14.3.4.4. U.K.

            14.3.4.5. Spain

            14.3.4.6. BENELUX

            14.3.4.7. Russia

            14.3.4.8. Rest of Europe

    14.4. Market Attractiveness Analysis

        14.4.1. By Services

        14.4.2. By Deployment Mode

        14.4.3. By Distribution Channel

        14.4.4. By Country

    14.5. Market Trends

15. South Asia & Pacific Open Banking Market Analysis 2017-2021 and Forecast 2022-2032

    15.1. Introduction

    15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017 - 2021

    15.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2032

        15.3.1. By Services

        15.3.2. By Deployment Mode

        15.3.3. By Distribution Channel

        15.3.4. By Country

            15.3.4.1. India

            15.3.4.2. Indonesia

            15.3.4.3. Malaysia

            15.3.4.4. Singapore

            15.3.4.5. Australia & New Zealand

            15.3.4.6. Rest of South Asia and Pacific

    15.4. Market Attractiveness Analysis

        15.4.1. By Services

        15.4.2. By Deployment Mode

        15.4.3. By Distribution Channel

        15.4.4. By Country

    15.5. Market Trends

16. East Asia Open Banking Market Analysis 2017-2021 and Forecast 2022-2032

    16.1. Introduction

    16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017 - 2021

    16.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2032

        16.3.1. By Services

        16.3.2. By Deployment Mode

        16.3.3. By Distribution Channel

        16.3.4. By Country

            16.3.4.1. China

            16.3.4.2. Japan

            16.3.4.3. South Korea

    16.4. Market Attractiveness Analysis

        16.4.1. By Services

        16.4.2. By Deployment Mode

        16.4.3. By Distribution Channel

        16.4.4. By Country

    16.5. Market Trends

17. Middle East and Africa Open Banking Market Analysis 2017-2021 and Forecast 2022-2032

    17.1. Introduction

    17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017 - 2021

    17.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2032

        17.3.1. By Services

        17.3.2. By Deployment Mode

        17.3.3. By Distribution Channel

        17.3.4. By Country

            17.3.4.1. GCC Countries

            17.3.4.2. Turkey

            17.3.4.3. South Africa

            17.3.4.4. Rest of Middle East and Africa

    17.4. Market Attractiveness Analysis

        17.4.1. By Services

        17.4.2. By Deployment Mode

        17.4.3. By Distribution Channel

        17.4.4. By Country

    17.5. Market Trends

18. Key Countries Analysis- Open Banking Market

    18.1. U.S. Open Banking Market Analysis

        18.1.1. By Services

        18.1.2. By Deployment Mode

        18.1.3. By Distribution Channel

    18.2. Canada Open Banking Market Analysis

        18.2.1. By Services

        18.2.2. By Deployment Mode

        18.2.3. By Distribution Channel

    18.3. Mexico Open Banking Market Analysis

        18.3.1. By Services

        18.3.2. By Deployment Mode

        18.3.3. By Distribution Channel

    18.4. Brazil Open Banking Market Analysis

        18.4.1. By Services

        18.4.2. By Deployment Mode

        18.4.3. By Distribution Channel

    18.5. Germany Open Banking Market Analysis

        18.5.1. By Services

        18.5.2. By Deployment Mode

        18.5.3. By Distribution Channel

    18.6. Italy Open Banking Market Analysis

        18.6.1. By Services

        18.6.2. By Deployment Mode

        18.6.3. By Distribution Channel

    18.7. France Open Banking Market Analysis

        18.7.1. By Services

        18.7.2. By Deployment Mode

        18.7.3. By Distribution Channel

    18.8. U.K. Open Banking Market Analysis

        18.8.1. By Services

        18.8.2. By Deployment Mode

        18.8.3. By Distribution Channel

    18.9. Spain Open Banking Market Analysis

        18.9.1. By Services

        18.9.2. By Deployment Mode

        18.9.3. By Distribution Channel

    18.10. BENELUX Open Banking Market Analysis

        18.10.1. By Services

        18.10.2. By Deployment Mode

        18.10.3. By Distribution Channel

    18.11. Russia Open Banking Market Analysis

        18.11.1. By Services

        18.11.2. By Deployment Mode

        18.11.3. By Distribution Channel

    18.12. Rest of Europe Open Banking Market Analysis

        18.12.1. By Services

        18.12.2. By Deployment Mode

        18.12.3. By Distribution Channel

    18.13. China Open Banking Market Analysis

        18.13.1. By Services

        18.13.2. By Deployment Mode

        18.13.3. By Distribution Channel

    18.14. Japan Open Banking Market Analysis

        18.14.1. By Services

        18.14.2. By Deployment Mode

        18.14.3. By Distribution Channel

    18.15. South Korea Open Banking Market Analysis

        18.15.1. By Services

        18.15.2. By Deployment Mode

        18.15.3. By Distribution Channel

    18.16. India Open Banking Market Analysis

        18.16.1. By Services

        18.16.2. By Deployment Mode

        18.16.3. By Distribution Channel

    18.17. Malaysia Open Banking Market Analysis

        18.17.1. By Services

        18.17.2. By Deployment Mode

        18.17.3. By Distribution Channel

    18.18. Indonesia Open Banking Market Analysis

        18.18.1. By Services

        18.18.2. By Deployment Mode

        18.18.3. By Distribution Channel

    18.19. Singapore Open Banking Market Analysis

        18.19.1. By Services

        18.19.2. By Deployment Mode

        18.19.3. By Distribution Channel

    18.20. Australia and New Zealand Open Banking Market Analysis

        18.20.1. By Services

        18.20.2. By Deployment Mode

        18.20.3. By Distribution Channel

    18.21. Rest of South Asia and Pacific Open Banking Market Analysis

        18.21.1. By Services

        18.21.2. By Deployment Mode

        18.21.3. By Distribution Channel

    18.22. GCC Countries Open Banking Market Analysis

        18.22.1. By Services

        18.22.2. By Deployment Mode

        18.22.3. By Distribution Channel

    18.23. Turkey Open Banking Market Analysis

        18.23.1. By Services

        18.23.2. By Deployment Mode

        18.23.3. By Distribution Channel

    18.24. South Africa Open Banking Market Analysis

        18.24.1. By Services

        18.24.2. By Deployment Mode

        18.24.3. By Distribution Channel

    18.25. Rest of Middle East and Africa Open Banking Market Analysis

        18.25.1. By Services

        18.25.2. By Deployment Mode

        18.25.3. By Distribution Channel

19. Market Structure Analysis

    19.1. Market Analysis by Tier of Companies

    19.2. Market Concentration

    19.3. Market Share Analysis of Top Players

    19.4. Market Presence Analysis

        19.4.1. Regional footprint by Players

        19.4.2. Product footprint by Players

        19.4.3. Channel footprint by Players

20. Competition Analysis

    20.1. Competition Dashboard

    20.2. Key Strategies, By Competitors

    20.3. Competition Deep Dive

        20.3.1. Banco Bilbao Vizcaya Argentaria, S.A.

            20.3.1.1. Business Overview

            20.3.1.2. Product Portfolio

            20.3.1.3. Profitability by Market Segments (Business Segments/Region)

            20.3.1.4. Sales Footprint

            20.3.1.5. Strategy Overview

        20.3.2. Crédit Agricole

            20.3.2.1. Business Overview

            20.3.2.2. Product Portfolio

            20.3.2.3. Profitability by Market Segments (Business Segments/Region)

            20.3.2.4. Sales Footprint

            20.3.2.5. Strategy Overview

        20.3.3. Finastra

            20.3.3.1. Business Overview

            20.3.3.2. Product Portfolio

            20.3.3.3. Profitability by Market Segments (Business Segments/Region)

            20.3.3.4. Sales Footprint

            20.3.3.5. Strategy Overview

        20.3.4. Jack Henry & Associates, Inc.

            20.3.4.1. Business Overview

            20.3.4.2. Product Portfolio

            20.3.4.3. Profitability by Market Segments (Business Segments/Region)

            20.3.4.4. Sales Footprint

            20.3.4.5. Strategy Overview

        20.3.5. Mambu

            20.3.5.1. Business Overview

            20.3.5.2. Product Portfolio

            20.3.5.3. Profitability by Market Segments (Business Segments/Region)

            20.3.5.4. Sales Footprint

            20.3.5.5. Strategy Overview

        20.3.6. Nordigen Solutions

            20.3.6.1. Business Overview

            20.3.6.2. Product Portfolio

            20.3.6.3. Profitability by Market Segments (Business Segments/Region)

            20.3.6.4. Sales Footprint

            20.3.6.5. Strategy Overview

        20.3.7. NCR Corporation

            20.3.7.1. Business Overview

            20.3.7.2. Product Portfolio

            20.3.7.3. Profitability by Market Segments (Business Segments/Region)

            20.3.7.4. Sales Footprint

            20.3.7.5. Strategy Overview

        20.3.8. Revolut

            20.3.8.1. Business Overview

            20.3.8.2. Product Portfolio

            20.3.8.3. Profitability by Market Segments (Business Segments/Region)

            20.3.8.4. Sales Footprint

            20.3.8.5. Strategy Overview

        20.3.9. Finleap Connect

            20.3.9.1. Business Overview

            20.3.9.2. Product Portfolio

            20.3.9.3. Profitability by Market Segments (Business Segments/Region)

            20.3.9.4. Sales Footprint

            20.3.9.5. Strategy Overview

        20.3.10. Tink AB

            20.3.10.1. Business Overview

            20.3.10.2. Product Portfolio

            20.3.10.3. Profitability by Market Segments (Business Segments/Region)

            20.3.10.4. Sales Footprint

            20.3.10.5. Strategy Overview

        20.3.11. Yapily Ltd.

            20.3.11.1. Business Overview

            20.3.11.2. Product Portfolio

            20.3.11.3. Profitability by Market Segments (Business Segments/Region)

            20.3.11.4. Sales Footprint

            20.3.11.5. Strategy Overview

        20.3.12. Citygroup, Inc.

            20.3.12.1. Business Overview

            20.3.12.2. Product Portfolio

            20.3.12.3. Profitability by Market Segments (Business Segments/Region)

            20.3.12.4. Sales Footprint

            20.3.12.5. Strategy Overview

        20.3.13. HSBC Bank plc

            20.3.13.1. Business Overview

            20.3.13.2. Product Portfolio

            20.3.13.3. Profitability by Market Segments (Business Segments/Region)

            20.3.13.4. Sales Footprint

            20.3.13.5. Strategy Overview

        20.3.14. Others

            20.3.14.1. Business Overview

            20.3.14.2. Product Portfolio

            20.3.14.3. Profitability by Market Segments (Business Segments/Region)

            20.3.14.4. Sales Footprint

            20.3.14.5. Strategy Overview

21. Assumptions and Acronyms Used

22. Research Methodology

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List of Tables

Table 01: Global Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Services

Table 02: Global Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Services

Table 03: Global Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Deployment Mode

Table 04: Global Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Deployment Mode

Table 05: Global Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Distribution Channel

Table 06: Global Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Distribution Channel

Table 07: Global Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) by Region

Table 08: Global Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) by Region

Table 09: North America Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Services

Table 10: North America Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Services

Table 11: North America Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Deployment Mode

Table 12: North America Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Deployment Mode

Table 13: North America Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Distribution Channel (1/2)

Table 14: North America Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Distribution Channel (1/2)

Table 15: North America Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 16: North America Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) by Country

Table 17: Latin America Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Services

Table 18: Latin America Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Services

Table 19: Latin America Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Deployment Mode

Table 20: Latin America Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Deployment Mode

Table 21: Latin America Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Distribution Channel (1/2)

Table 22: Latin America Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Distribution Channel (1/2)

Table 23: Latin America Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 24: Latin America Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) by Country

Table 25: Europe Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Services

Table 26: Europe Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Services

Table 27: Europe Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Deployment Mode

Table 28: Europe Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Deployment Mode

Table 29: Europe Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Distribution Channel

Table 30: Europe Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Distribution Channel

Table 31: Europe Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 32: Europe Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) by Country

Table 33: South Asia and Pacific Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Services

Table 34: South Asia and Pacific Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Services

Table 35: South Asia and Pacific Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Deployment Mode

Table 36: South Asia and Pacific Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Deployment Mode

Table 37: South Asia and Pacific Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Distribution Channel

Table 38: South Asia and Pacific Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Distribution Channel

Table 39: South Asia and Pacific Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 40: South Asia and Pacific Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) by Country

Table 41: East Asia Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Services

Table 42: East Asia Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Services

Table 43: East Asia Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Deployment Mode

Table 44: East Asia Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Deployment Mode

Table 45: East Asia Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Distribution Channel

Table 46: East Asia Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Distribution Channel

Table 47: East Asia Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 48: East Asia Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) by Country

Table 49: Middle East and Africa Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Services

Table 50: Middle East and Africa Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Services

Table 51: Middle East and Africa Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Deployment Mode

Table 52: Middle East and Africa Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Deployment Mode

Table 53: Middle East and Africa Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) By Distribution Channel

Table 54: Middle East and Africa Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) By Distribution Channel

Table 55: Middle East and Africa Open Banking Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 56: Middle East and Africa Open Banking Market Value (US$ Mn) Forecast (2022 – 2032) by Country

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Principal Consultant
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List of Charts

Figure 01: Global Open Banking Market Size (US$ Mn) and Y-o-Y Growth Rate from 2022-2032

Figure 02: Global Open Banking Market Size and Y-o-Y Growth Rate from 2022-2032

Figure 03: Global Open Banking Market Value (US$ Mn), 2017-2021

Figure 04: Global Open Banking Market Value (US$ Mn), 2022-2032

Figure 05: Global Open Banking Market Value Share Analysis (2022 – 2032) By Services

Figure 06: Global Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Services

Figure 07: Global Open Banking Market Attractiveness By Services

Figure 08: Global Open Banking Market Value Share Analysis (2022 – 2032) By Deployment Mode

Figure 09: Global Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Deployment Mode

Figure 10: Global Open Banking Market Attractiveness By Deployment Mode

Figure 11: Global Open Banking Market Value Share Analysis (2022 – 2032) By Distribution Channel

Figure 12: Global Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Distribution Channel

Figure 13: Global Open Banking Market Attractiveness By Distribution Channel

Figure 14: Global Open Banking Market Value Share Analysis (2022 – 2032) by Region

Figure 15: Global Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Region

Figure 16: Global Open Banking Market Attractiveness by Region

Figure 17: North America Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 18: Latin America Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 19: Europe Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 20: East Asia Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 21: South Asia and Pacific Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 22: Middle East and Africa Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 23: North America Open Banking Market Value (US$ Mn), 2017-2021

Figure 24: North America Open Banking Market Value (US$ Mn), 2022-2032

Figure 25: North America Open Banking Market Value Share Analysis (2022 – 2032) By Services

Figure 26: North America Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Services

Figure 27: North America Open Banking Market Attractiveness By Services

Figure 28: North America Open Banking Market Value Share Analysis (2022 – 2032) By Deployment Mode

Figure 29: North America Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Deployment Mode

Figure 30: North America Open Banking Market Attractiveness By Deployment Mode

Figure 31: North America Open Banking Market Value Share Analysis (2022 – 2032) By Distribution Channel

Figure 32: North America Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Distribution Channel

Figure 33: North America Open Banking Market Attractiveness By Distribution Channel

Figure 34: North America Open Banking Market Value Share Analysis (2022 – 2032) by Country

Figure 35: North America Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 36: North America Open Banking Market Attractiveness by Country

Figure 37: U.S. Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 38: Canada Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 39: Latin America Open Banking Market Value (US$ Mn), 2017-2021

Figure 40: Latin America Open Banking Market Value (US$ Mn), 2022-2032

Figure 41: Latin America Open Banking Market Value Share Analysis (2022 – 2032) By Services

Figure 42: Latin America Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Services

Figure 43: Latin America Open Banking Market Attractiveness By Services

Figure 44: Latin America Open Banking Market Value Share Analysis (2022 – 2032) By Deployment Mode

Figure 45: Latin America Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Deployment Mode

Figure 46: Latin America Open Banking Market Attractiveness By Deployment Mode

Figure 47: Latin America Open Banking Market Value Share Analysis (2022 – 2032) By Distribution Channel

Figure 48: Latin America Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Distribution Channel

Figure 49: Latin America Open Banking Market Attractiveness By Distribution Channel

Figure 50: Latin America Open Banking Market Value Share Analysis (2022 – 2032) by Country

Figure 51: Latin America Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 52: Latin America Open Banking Market Attractiveness by Country

Figure 53: Brazil Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 54: Mexico Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 55: Rest of Latin America Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 56: Europe Open Banking Market Value (US$ Mn), 2017-2021

Figure 57: Europe Open Banking Market Value (US$ Mn), 2022-2032

Figure 58: Europe Open Banking Market Value Share Analysis (2022 – 2032) By Services

Figure 59: Europe Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Services

Figure 60: Europe Open Banking Market Attractiveness By Services

Figure 61: Europe Open Banking Market Value Share Analysis (2022 – 2032) By Deployment Mode

Figure 62: Europe Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Deployment Mode

Figure 63: Europe Open Banking Market Attractiveness By Deployment Mode

Figure 64: Europe Open Banking Market Value Share Analysis (2022 – 2032) By Distribution Channel

Figure 65: Europe Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Distribution Channel

Figure 66: Europe Open Banking Market Attractiveness By Distribution Channel

Figure 67: Europe Open Banking Market Value Share Analysis (2022 – 2032) by Country

Figure 68: Europe Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 69: Europe Open Banking Market Attractiveness by Country

Figure 70: Germany Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 71: Italy Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 72: France Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 73: U.K. Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 74: Spain Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 75: BENELUX Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 76: Russia Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 77: Rest of Europe Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 78: South Asia and Pacific Open Banking Market Value (US$ Mn), 2017-2021

Figure 79: South Asia and Pacific Open Banking Market Value (US$ Mn), 2022-2032

Figure 80: South Asia and Pacific Open Banking Market Value Share Analysis (2022 – 2032) By Services

Figure 81: South Asia and Pacific Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Services

Figure 82: South Asia and Pacific Open Banking Market Attractiveness By Services

Figure 83: South Asia and Pacific Open Banking Market Value Share Analysis (2022 – 2032) By Deployment Mode

Figure 84: South Asia and Pacific Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Deployment Mode

Figure 85: South Asia and Pacific Open Banking Market Attractiveness By Deployment Mode

Figure 86: South Asia and Pacific Open Banking Market Value Share Analysis (2022 – 2032) By Distribution Channel

Figure 87: South Asia and Pacific Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Distribution Channel

Figure 88: South Asia and Pacific Open Banking Market Attractiveness By Distribution Channel

Figure 89: South Asia and Pacific Open Banking Market Value Share Analysis (2022 – 2032) by Country

Figure 90: South Asia and Pacific Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 91: South Asia and Pacific Open Banking Market Attractiveness by Country

Figure 92: India Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 93: Indonesia Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 94: Malaysia Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 95: Singapore Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 96: Australia& New Zealand Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 97: Rest of South Asia and Pacific Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 98: East Asia Open Banking Market Value (US$ Mn), 2017-2021

Figure 99: East Asia Open Banking Market Value (US$ Mn), 2022-2032

Figure 100: East Asia Open Banking Market Value Share Analysis (2022 – 2032) By Services

Figure 101: East Asia Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Services

Figure 102: East Asia Open Banking Market Attractiveness By Services

Figure 103: East Asia Open Banking Market Value Share Analysis (2022 – 2032) By Deployment Mode

Figure 104: East Asia Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Deployment Mode

Figure 105: East Asia Open Banking Market Attractiveness By Deployment Mode

Figure 106: East Asia Open Banking Market Value Share Analysis (2022 – 2032) By Distribution Channel

Figure 107: East Asia Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Distribution Channel

Figure 108: East Asia Open Banking Market Attractiveness By Distribution Channel

Figure 109: East Asia Open Banking Market Value Share Analysis (2022 – 2032) by Country

Figure 110: East Asia Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 111: East Asia Open Banking Market Attractiveness by Country

Figure 112: China Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 113: Japan Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 114: South Korea Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 115: Middle East and Africa Open Banking Market Value (US$ Mn), 2017-2021

Figure 116: Middle East and Africa Open Banking Market Value (US$ Mn), 2022-2032

Figure 117: Middle East and Africa Open Banking Market Value Share Analysis (2022 – 2032) By Services

Figure 118: Middle East and Africa Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Services

Figure 119: Middle East and Africa Open Banking Market Attractiveness By Services

Figure 120: Middle East and Africa Open Banking Market Value Share Analysis (2022 – 2032) By Deployment Mode

Figure 121: Middle East and Africa Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Deployment Mode

Figure 122: Middle East and Africa Open Banking Market Attractiveness By Deployment Mode

Figure 123: Middle East and Africa Open Banking Market Value Share Analysis (2022 – 2032) By Distribution Channel

Figure 124: Middle East and Africa Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Distribution Channel

Figure 125: Middle East and Africa Open Banking Market Attractiveness By Distribution Channel

Figure 126: Middle East and Africa Open Banking Market Value Share Analysis (2022 – 2032) by Country

Figure 127: Middle East and Africa Open Banking Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 128: Middle East and Africa Open Banking Market Attractiveness by Country

Figure 129: GCC Countries Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 130: Turkey Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 131: South Africa Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 132: Rest of Middle East and Africa Open Banking Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

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