London, UK -- (SBWIRE) -- 08/19/2021 -- According to Intelligence Market Report, The global Online Banking market size is projected to reach US$ 24700 million by 2026, from US$ 10530 million in 2019, at a CAGR of 12.8% during 2021-2026. The report analyses the global market, the market size, and growth, as well as the major market participants.

Customer convenience, higher interest rates, and technologically advanced interface majorly drive the market. The high-security risk of customer data hinders market growth. Growth in smartphone usage, increase in internet penetration among consumers, and increasing technology and growth of developing economies in the Asia-Pacific region are some of the key factors, which are fueling the market growth.

The prime objective of this report is to provide insights on the post-COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market types, applications, and end-users.

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The global Online Banking Market is segmented on the basis of application, vehicle type, and geography.

Global Online Banking Market: By Application
Payments
Processing Services
Customer and Channel Management
Risk Management
Others

Global Online Banking Market: By Type
Retail Banking
Corporate Banking
Investment Banking

Global Online Banking Market: By Top Key Player
ACI
Microsoft
Fiserv
Tata Consultancy Services
Cor Financial Solutions
Oracle
Temenos
Rockall Technologies
EdgeVerve Systems
Tata Consultancy Services
Cor Financial Solutions

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Market Regional Analysis
The market is studied across different regions including North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). The report includes competitive scenarios in the regions. These insights help the market players to improve strategies and create new opportunities to accomplish exceptional results.

Years considered for this report:
Historical Years: 2016-2020
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2020-2027

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