Europe Digital banking platform Market to Reach US$ 2340.3 Mn at a CAGR of 11.0% in 2027 | The Insight Partners

Europe Digital banking platform Market to 2027 - Regional Analysis and Forecasts by Deployment (Cloud and On-Premise); Type (Corporate Banking and Retail Banking)

Publication Month: Aug 2019 | Report Code: TIPRE00006482 | No. of Pages: 133 | Category: Technology, Media and Telecommunications | Status: Published

Europe digital banking platform market is expected to grow from US$ 935.7 Mn in 2018 to US$ 2340.3 Mn by the year 2027. This represents a CAGR of 11.0% from the year 2018 to 2027. 

 

Digital transformation or digitization of businesses refers to the integration of digital technology in various business processes, organizational activities, and business models. End-To-End business process optimization, increased operational efficiency, improved customer experience, and reduced costs are few of the factors driving the digital transformation in the banking industry. The increasing digital transformation revolution in banking industry presents a massive opportunity for digital banking platform providers as they enable banks to launch digital services faster and enhance the customer experience. In addition to this, the proliferation of smart devices, easy availability of internet, the advancement of IoT, and artificial intelligence have been increasing exponentially which is further leading to the increasing need of mobile/digital-first strategy among banks. The paradigm shift of banks from traditional channels to digital and automated channels results in multiple benefits ranging from improved efficiency to reduced cost and increased revenue opportunities. In addition to this, the rising technological advancements in cloud computing and storage technology, the power of cloud-based digital banking platforms has increased multi-fold during the past few years.

 

Currently, Germany is dominating in the Europe digital banking platform market owing to the strong presence of the banking industry in the country. Factors such as growing digitization across BFSI sector and rising demand for mobile banking solutions are contributing substantially towards the growth of the digital banking platform market in Europe. The figure is given below highlights the revenue share of the rest of Europe in the Europe digital banking platform market in the forecast period:

 

 

 

EUROPE DIGITAL BANKING PLATFORM MARKET - SEGMENTATION

Europe Digital Banking Platform Market by Type

  • Corporate Banking
  • Retail Banking

Europe Digital Banking Platform Market by Deployment Type

  • On-Premise
  • Cloud

Europe Digital Banking Platform Market by Country

  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe

Companies Mentioned

  • Appway AG
  • CREALOGIX Holding AG
  • EdgeVerve Systems Limited
  • Fiserv, Inc.
  • Oracle Corporation
  • SAP SE
  • Sopra Steria
  • Tata Consultancy Services Limited (TCS)
  • Temenos Headquarters SA
  • Worldline SA

 

 

1.              Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1       Europe Digital Banking Platform Market – By Type

1.3.2       Europe Digital Banking Platform Market – By Deployment

1.3.3       Europe Digital Banking Platform Market – By Country

2.              Key Takeaways

3.              Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.              Europe Digital Banking Platform- Market Landscape

4.1       Market Overview

4.2       Ecosystem Analysis

4.3       PEST Analysis

4.3.1       Europe PEST Analysis

5.              Europe Digital Banking Platform Market – Key Industry Dynamics

5.1       Key Market Drivers

5.1.1       Digital transformation in the BFSI sector is aiding the growing demand for digital banking solutions

5.1.2       Growing demand for smart mobile devices and digital banking services among consumers

5.2       Key Market Restraints

5.2.1       Lack of cloud infrastructure and requirement of data localization in countries

5.2.2       Data Privacy and Cybersecurity Concerns

5.3       Key Market Opportunities

5.3.1       Growing popularity of Cloud-based solutions across the banking industry

5.4       Future Trends

5.4.1       Evolving ecosystems due to collaborations between traditional banks and fintech companies

5.5       Impact Analysis of Drivers and Restraints

6.              Europe Digital Banking Platform Market–Analysis

6.1       Europe Digital Banking Platform Market Overview

6.2       Europe Digital Banking Platform Market Forecast and Analysis

7.              Europe Digital Banking Platforms Market –  By Deployment

7.1       Overview

7.2       Europe Digital Banking Platforms Market Breakdown, by Deployment, 2018 & 2027

7.3       Cloud

7.3.1       Overview

7.3.2       Cloud Market Revenue and Forecasts to 2027 (US$ Mn)

7.4       On-Premise

7.4.1       Overview

7.4.2       On-Premise Market Revenue and Forecasts to 2027 (US$ Mn)

8.              Europe Digital Banking Platforms Market – By Type

8.1       Overview

8.2       Europe Digital Banking Platforms Market Breakdown, by Type, 2018 & 2027

8.3       Corporate Banking

8.3.1       Overview

8.3.2       Corporate Banking Market Revenue and Forecasts to 2027 (US$ Mn)

8.4       Retail Banking

8.4.1       Overview

8.4.2       Retail Banking Market Revenue and Forecasts to 2027 (US$ Mn)

9.              Europe Digital Banking Platform Market– Country Analysis

9.1       Overview

9.1.1       Europe Digital Banking Platform Market Breakdown, By Key Countries

9.1.1.1    France Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

9.1.1.1.1    France Digital Banking Platform Market Breakdown by Deployment

9.1.1.1.2    France Digital Banking Platform Market Breakdown by Type

9.1.1.2    Germany Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

9.1.1.2.1    Germany Digital Banking Platform Market Breakdown by Deployment

9.1.1.2.2    Germany Digital Banking Platform Market Breakdown by Type

9.1.1.3    Italy Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

9.1.1.3.1    Italy Digital Banking Platform Market Breakdown by Deployment

9.1.1.3.2    Italy Digital Banking Platform Market Breakdown by Type

9.1.1.4    U.K. Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

9.1.1.4.1    U.K. Digital Banking Platform Market Breakdown by Deployment

9.1.1.4.2    U.K. Digital Banking Platform Market Breakdown by Type

9.1.1.5    Russia Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

9.1.1.5.1    Russia Digital Banking Platform Market Breakdown by Deployment

9.1.1.5.2    Russia Digital Banking Platform Market Breakdown by Type

9.1.1.6    Rest of Europe Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

9.1.1.6.1    Rest of Europe Digital Banking Platform Market Breakdown by Deployment

9.1.1.6.2    Rest of Europe Digital Banking Platform Market Breakdown by Type

10.           Industry Landscape

10.1    Market Initiative

10.2    Merger and Acquisition

10.3    New Development

11.           Company Profiles

11.1    Appway AG

11.1.1    Key Facts

11.1.2    Business Description

11.1.3    Products and Services

11.1.4    Financial Overview

11.1.5    SWOT Analysis

11.1.6    Key Developments

11.2    CREALOGIX Holding AG

11.2.1    Key Facts

11.2.2    Business Description

11.2.3    Products and Services

11.2.4    Financial Overview

11.2.5    SWOT Analysis

11.2.6    Key Developments

11.3    EdgeVerve Systems Limited

11.3.1    Key Facts

11.3.2    Business Description

11.3.3    Products and Services

11.3.4    Financial Overview

11.3.5    SWOT Analysis

11.3.6    Key Developments

11.4    Fiserv, Inc.

11.4.1    Key Facts

11.4.2    Business Description

11.4.3    Products and Services

11.4.4    Financial Overview

11.4.5    SWOT Analysis

11.4.6    Key Developments

11.5    Oracle Corporation

11.5.1    Key Facts

11.5.2    Business Description

11.5.3    Products and Services

11.5.4    Financial Overview

11.5.5    SWOT Analysis

11.5.6    Key Developments

11.6    SAP SE

11.6.1    Key Facts

11.6.2    Business Description

11.6.3    Business Description

11.6.4    Financial Overview

11.6.5    SWOT Analysis

11.6.6    Key Developments

11.7    Sopra Steria

11.7.1    Key Facts

11.7.2    Business Description

11.7.3    Products and Services

11.7.4    Financial Overview

11.7.5    SWOT Analysis

11.7.6    Key Developments

11.8    Tata Consultancy Services Limited

11.8.1    Key Facts

11.8.2    Business Description

11.8.3    Products and Services

11.8.4    Financial Overview

11.8.5    SWOT Analysis

11.8.6    Key Developments

11.9    Temenos Headquarters SA

11.9.1    Key Facts

11.9.2    Business Description

11.9.3    Products and Services

11.9.4    Financial Overview

11.9.5    SWOT Analysis

11.9.6    Key Developments

11.10  Worldline SA

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12.           Appendix

12.1    About The Insight Partners

12.2    Glossary

 

LIST OF TABLES

Table 1.            Europe Digital Banking Platform Market Revenue and Forecasts to 2027 (US$ Mn)

Table 2.            Europe Digital Banking Platform Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)

Table 3.            Europe Digital Banking Platform Market Revenue and Forecast to 2027 – By Type (US$ Mn)

Table 4.            Europe Digital Banking Platform Market Revenue and Forecast to 2027 – By Key Countries (US$ Mn)

Table 5.            France Digital Banking Platform Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)

Table 6.            France Digital Banking Platform Market Revenue and Forecast to 2027 – By Type (US$ Mn)

Table 7.            Germany Digital Banking Platform Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)

Table 8.            Germany Digital Banking Platform Market Revenue and Forecast to 2027 – By Type (US$ Mn)

Table 9.            Italy Digital Banking Platform Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)

Table 10.         Italy Digital Banking Platform Market Revenue and Forecast to 2027 – By Type (US$ Mn)

Table 11.         U.K. Digital Banking Platform Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)

Table 12.         U.K. Digital Banking Platform Market Revenue and Forecast to 2027 – By Type (US$ Mn)

Table 13.         Russia Digital Banking Platform Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)

Table 14.         Russia Digital Banking Platform Market Revenue and Forecast to 2027 – By Type (US$ Mn)

Table 15.         Rest of Europe Digital Banking Platform Market Revenue and Forecast to 2027 – By Deployment (US$ Mn)

Table 16.         Rest of Europe Digital Banking Platform Market Revenue and Forecast to 2027 – By Type (US$ Mn)

Table 17.         Glossary of Terms, Digital Banking Platform Market

 

LIST OF FIGURES

Figure 1.          Europe Digital Banking Platform Market Segmentation

Figure 2.          Europe Digital Banking Platform Market Segmentation – By Country

Figure 3.          Europe Digital Banking Platform Market Overview

Figure 4.          Europe Digital Banking Platform Market, By Deployment ($Mn)

Figure 5.          Europe Digital Banking Platform Market, By Type ($Mn)

Figure 6.          Europe Digital Banking Platform Market, By Country ($Mn)

Figure 7.          Europe Digital Banking Platform Market, Industry Landscape

Figure 8.          Europe Digital Banking Platform Market- Leading Country Markets ($Mn)

Figure 9.          Europe Digital Banking Platform Market- Ecosystem Analysis

Figure 10.       Europe PEST Analysis

Figure 11.       Europe Digital Banking Platform Market Impact Analysis of Drivers and Restraints

Figure 12.       Europe Digital Banking Platform Market Forecast and Analysis, (US$ Mn)

Figure 13.       Europe Digital Banking Platform Market, By Deployment ($Mn)

Figure 14.       Europe Cloud Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 15.       Europe On-Premise Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 16.       Europe Digital Banking Platform Market, By Type ($Mn)

Figure 17.       Europe Corporate Banking Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 18.       Europe Retail Banking Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 19.       Europe Digital Banking Platform Market Breakdown by Key Countries, 2018 & 2027(%)

Figure 20.       France Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

Figure 21.       Germany Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

Figure 22.       Italy Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

Figure 23.       U.K. Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

Figure 24.       Russia Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

Figure 25.       Rest of Europe Digital Banking Platform Market Revenue and Forecast to 2027 (US$ Mn)

 

 

The List of Companies

  1. Appway AG
  2. CREALOGIX Holding AG
  3. EdgeVerve Systems Limited
  4. Fiserv, Inc.
  5. Oracle Corporation
  6. SAP SE
  7. Sopra Steria
  8. Tata Consultancy Services Limited (TCS)
  9. Temenos Headquarters SA
  10. Worldline SA
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe digital banking platform market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe digital banking platform market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.