Europe Digital banking platform Market Growth and Analysis by 2027

Historic Data: 2016-2017   |   Base Year: 2018   |   Forecast Period: 2019-2027

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

  • Report Date : Aug 2019
  • Report Code : TIPRE00006482
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 133
Page Updated: Sep 2019

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:

TIPRE00006482-img1
  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

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

Europe Digital banking platform Report Scope

Report Attribute Details
Market size in 2018 US$ 935.7 Million
Market Size by 2027 US$ 2340.3 Million
Global CAGR (2018 - 2027) 11.0%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Deployment
  • Cloud and On-Premise
By Type
  • Corporate Banking and Retail Banking
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Appway AG
  • CREALOGIX Holding AG
  • EdgeVerve Systems Limited
  • Fiserv, Inc.
  • Oracle Corporation
  • SAP SE
  • Sopra Steria
  • Tata Consultancy Services Limited (TCS)
  • Temenos Headquarters SA
  • Ankita Mittal
    Manager,
    Market Research & Consulting

    Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

    Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
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