Houston, TX -- (SBWIRE) -- 04/19/2018 -- Global Online banking Market Report 2023," Digital banking includes all kinds of online/internet transactions done for various purposes. It is the incorporation of new technologies, to deliver enhanced customer services. Customer convenience, higher interest rates, and technologically advanced interface majorly drive the market. High security risk of customer's data hinders the market growth. Growth in smartphone usage, increase in internet penetration among consumers, and increasing technology and growth of developing economies in Asia-Pacific region are some of the key factors, which are fueling the market growth.

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Online banking Market size is expected to reach +$29,974 million in 2023 from +$7,303 million in 2016, growing at a CAGR of +22 % from 2017 to 2023

The research study helps in understanding the several factors driving the Global Online Banking Market. The executive summary of the global market provides a snapshot, which comprises overall data regarding different segments and sub-segments. online banking market is segmented on the basis of banking type, service type, and geography. Based on banking type, it is classified into retail banking, corporate banking, and investment banking. Based on solution type, it is divided into payments, processing services, customer & channel management, risk Management, and others

Some of the leading vendors: ACI Worldwide (U.S.), Microsoft Corporation (U.S.), Fiserv, Inc. (U.S.), Tata Consultancy Services (India), Cor Financial Solutions Ltd. (UK), Oracle Corporation (U.S.), Temenos Group AG (Switzerland), Rockall Technologies (Ireland), EdgeVerve Systems Limited (India), and Capital Banking Solutions (U.S.)

Online banking includes banking and financial services, mobile phones, social media, and internet providers. Actual account balances and other information are available at the touch of a few buttons. This makes banking faster, easier, efficient, and more effective because consumers are able to stay up to date with their account balances. Less bank staff, no cost of significant infrastructure, and overhead costs allow online banking portals to pay higher interest rates on savings and charge lower mortgage and loan rates.

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One of the foremost aspects of this statistical surveying research report is that the significance and reach of the market has been displayed. Moreover, procurement criteria and detached market dynamics have been enumerated. Thus, this market research report is a great contribution in recognizing new speculation projects and how to deal with the Online banking market trends.

The report also implements primary and secondary research techniques for gathering the most crucial pieces of professional information and applies a number of industry-best techniques upon the data for projecting the future state of the Global Online banking Market. On the basis of the current market growth, the report includes an investigation of how activities such as mergers and shapes the market's future. The report additionally concentrates the market insights of the organizations and suggestions that will help the readers to have progressive learning of the market.

Table of Content:

Chapter 1 Online banking Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis