The article cited AMA's Global Digital Banking Market Study explored substantial growth with CAGR of 11.0%. According the report, Growing Adoption of Cloud-Based Platforms is one of the primary growth factors for the market. Growing Digitalization and Internet Penetration is also expected to contribute significantly to the Digital Banking market. Overall, Retail Digital Banking applications of Digital Banking, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Urban FT [United States], Kony [United States], Backbase [Netherlands], Technisys [United States], Infosys [India], Digiliti Money [United States], Innofis [Spain], Mobilearth [Canada], D3 Banking Technology [United States], Alkami [United States], Q2 [United States], Misys [United Kingdom] and SAP [Germany] may see astonishing sales in this Market and certainly improve revenue growth.

The Banking Type, such as Retail Banking, is boosting the Digital Banking 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 Deployment Types, such as On-premises, is boosting the Digital Banking 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 Digital Banking 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 "HDFC Bank on October 20, 2023 launched a digital banking platform named XpressWay. The platform aims to offer a swift, paperless, and self-service banking experience to the bank’s customers." is constantly making the industry dynamic. One of the challenges that industry facing is "Concern Regarding Data Privacy and Cyber Security and Delivering Quality at Speed and Technology Upgrade"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Digital Banking market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Digital Banking market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Digital Banking market tight?
• Which application/end-user category or Product Type [PC and Mobile] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

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 Digital Banking market and other related sub-markets covered in the study.

o Key & emerging players in the Digital Banking 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.

Data Triangulation
The overall Digital Banking market size is calculated using market estimation process, the Digital Banking 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 Digital Banking market size has been validated using both top-down and bottom-up approaches.