Competition within the open banking systems market is intensifying as several banks are shifting their conventional focus on products to provide more customer-centric services.
This report contains market size and forecasts of Open Banking Systems in Global, including the following market information:
Global Open Banking Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Open Banking Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Communicative Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Open Banking Systems include IBM, Accern, JackHenry＆Associates, D3 Technology, DemystData, Figo, FormFree Holdings, Malauzai Software and Mambu GmbH and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Open Banking Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Open Banking Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Open Banking Systems Market Segment Percentages, by Type, 2021 (%)
Communicative Services
Informative Services
Global Open Banking Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Open Banking Systems Market Segment Percentages, by Application, 2021 (%)
Financial
Retail
Other
Global Open Banking Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Open Banking Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Open Banking Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Open Banking Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
Accern
JackHenry＆Associates
D3 Technology
DemystData
Figo
FormFree Holdings
Malauzai Software
Mambu GmbH
MineralTree