Market Research Report Digital Banking Market 2018 Forecast to 2023

Analysis of Global Digital Banking Market 2018-2023
A new report released by Businessindustryreports.com titled
“Global Digital Banking Market 2018” that targets and
provides comprehensive market analysis with future
prospects to 2023. The Digital Banking Market report broadly
provides the in-depth study of market growth, trends, share,
industry overview, size and top players.
Global Digital Banking Market Overview:
According to market analysts, Global Digital Banking Market is projected to grow at a high CAGR
value from 2018 to 2023.
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The digital banking market is driven by the rapid adoption of online & mobile banking platforms. As
the internet penetration & smartphone adoption across the world is increasing, banking institutes
are shifting toward digital channels to deliver their services.
The Digital Banking Market is segmented based on banking types, banking modes, and regions. On
the basis of banking types, the market is sub-segmented into Retail and Corporate Banking. The
retail banking segment is expected to be the largest contributor to the digital banking platforms
market during the forecast period.
Based on banking modes, the market is sub-divided into Online and Mobile. The mobile banking
mode offers an intuitive and secure mobile banking experience to retail and corporate banks and is
expected to grow at a higher CAGR during the forecast period.
Regionally, North American region is estimated to hold the largest market. Furthermore, the
increasing use of digital banking platforms in countries, such as the US and Canada, is driving the
growth of the market in the North American region.
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Key Players:
1 Urban FT