Edison, NJ -- (SBWire) -- 06/09/2020 --AMA Research added a comprehensive research document of 200+ pages on 'Neobanking' market with detailed insights on growth factors and strategies. The study segments key regions that includes North America, Europe, Asia-Pacific with country level break-up and provide volume* and value related cross segmented information by each country. Some of the important players from a wide list of coverage used under bottom-up approach are The Bank of America Corporation(United States), Deutsche Bank AG (Germany), Citigroup Inc. (United States), Simple Finance Technology (United States), Atom Bank (United Kingdom), Movencorp (United States), HSBC Holdings plc (United Kingdom), MyBank (China), WeBank (China).
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The banking sector has traditionally been a monopoly, with the global biggest institutions upholding a relatively unchallenged control. Though, a new breed of digital-only neobanks are starting to break this hold. Neobanking is a new banking technology which delivers complete online banking solutions to its customers. These banks are different from traditional banks, such as they have no physical offices as well as branches. This type of banking allows all banking solutions, from opening an account to other services, deprived of the requirement to go to a bank. Currently, due to low competition, Neobanks are enjoying a co-operative environment. Easy procedures of account opening, transactions, etc. are robust driving factors for the market. Furthermore, the user interface of the Neobank websites provides it an upper hand. However, the authenticity as well as financial security factors may limit the market growth. The unstoppable rise of neobanks is expected to impel the growth of the global neobanking market over the coming years.
Market Segmentation
by Type (STK, BREW, WAP), Application (Personal Application, Enterprise Application, Others)
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Highlights of Influencing Trends: Inclination towards mobile baking
Market Growth Drivers: Growing demand for customer convenience in the banking sector
The emergence of multiple technology startups & early adoption technology
Low Interest Rates and Favorable Government Regulations
Restraints: Authenticity and financial security factors
Challenges: Currency fluctuations
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Country level Break-up includes:
North America: United States, Canada, and Mexico
Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia
Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia
Limited scope research document specific to Country or Region meeting your business objective.
GET FULL COPY OF Latest Edition of United States Neobanking market study with COVID-19 Impact Analysis @ --------- USD 2000
And, 2020 Released copy of Europe Neobanking market study with COVID-19 Impact Analysis @ --------- USD 2500
Strategic Points Covered in Table of Content of Global Neobanking Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Neobanking market
Chapter 2: Exclusive Summary – the basic information of the Neobanking Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Neobanking
Chapter 4: Presenting the Neobanking Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Neobanking market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2020-2025)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
How Research Study of AMA helps clients in their decision making:
- Creating strategies for new product development
- Supporting & Adjust Investment/business decisions
- Benchmark and judge own competitiveness
- Aiding in the business planning process
- Serving as a credible, independent check on company internal forecasts
- Supporting acquisition strategies
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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