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Digital Banking Platforms Market 2019-2027 Industry SWOT Analysis by TOP Leaders- Appway, CREALOGIX, EdgeVerve Systems, Fiserv, Oracle, SAP, Sopra Steria Group, TCS, The Bank of New York Mellon

Press release   •   Aug 16, 2019 23:01 IST

Digital banking platform is an omnichannel or multichannel solution implemented by banks to digitalize banking services. Digital banking is a broader term than online baking as it includes digitalization of all banking services, which were initially available only at bank branches. These activities include loan management, applying for financial products, money deposits, withdrawals, or payments, and account services, among others. Implementation of digital banking platforms helps banks to efficiently perform tasks with reduced human errors, thus, improving the quality of services offered.

The growing adoption of smartphones, laptops, and desktops, coupled with increasing internet penetration is resulting in the growth of digital banking platforms market. With the availability of enhanced internet access, users' can easily perform banking activities through these devices. Further, increasing awareness among people regarding online banking and adoption of digital platforms by banks to offer better customer experience are other key factors propelling the digital banking platforms market growth. Also, several governments of developing nations are taking initiatives to create awareness regarding digital payments, thereby, bolstering the growth of the digital banking payments market.

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Top Key Players profiles in this Report: Appway AG, CREALOGIX, EdgeVerve Systems Limited, Fiserv, Inc., Oracle Corporation, SAP SE, Sopra Steria Group SA, TCS Limited, The Bank of New York Mellon, Worldline.

The "Global Digital Banking Platforms Market Analysis to 2027" is a specialized and in-depth study of the digital banking platforms industry with a special focus on the global market trend analysis. The report aims to provide an overview of digital banking platforms market with detailed market segmentation by mode, deployment, and geography. The global digital banking platforms market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading digital banking platforms market players and offers key trends and opportunities in the market.

The global digital banking platforms market is segmented on the basis of mode and deployment. Based on the mode, the market is bifurcated into corporate banking and personal banking. The deployment segment of digital banking platforms market is classified into cloud and on-premise.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global digital banking platforms market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The digital banking platforms market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global digital banking platforms Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the digital banking platforms Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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Company: The Insight Partners

Contact: Sameer Joshi

Phone: +1-646-491-9876


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