Banking as a Digital Platform Market Value Extracted; Know Which Players are Gaining Grounds

Banking as a Digital Platform Market Latest Edition Published with Forecast to 2027
  • Aug 22, 2022
  • Lakmi
  • Banks
  • AMA Research


According to the report, Digital platforms are becoming the preferred and dominant business model for banks and financial institutions in the future. Digital platforms offer consumers and small businesses the ability to connect to financial and other service providers through an online or mobile channel as an integrated part of their day-to-day activities. For instance, instead now a days the financial institutions are contributing to a larger digital platform that serves the end-to-end home buying experience. is one of the primary growth factors for the market. Growing Digitalization and Internet Penetration is also expected to contribute significantly to the Banking as a Digital Platform market growth. Overall, Retail Digital Banking applications of Banking as a Digital Platform, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Deployment Mode, such as On-Premises, is boosting the Banking as a Digital Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Components, such as Software, is boosting the Banking as a Digital Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Banking Type, such as Retail Banking, is boosting the Banking as a Digital Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Modes, such as Online Banking, is boosting the Banking as a Digital Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Banking as a Digital Platform market identified that the demand is rising in many different parts of the world as "Advancement in Artificial Intelligence ". Furthermore, some recent industry insights like "On January 22, 2020 - Synopsys, Inc. and Finastra has announced a partnership establishing an application security validation program for FusionFabric.cloud, Finastra’s open platform for developing, deploying and consuming financial applications." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Banking as a Digital Platform market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Banking as a Digital Platform market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at complete Table of Content: Global Banking as a Digital Platform Market Study

Data Triangulation
The overall Banking as a Digital Platform market size is calculated using market estimation process, the Banking as a Digital Platform market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Banking as a Digital Platform market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager