Open Banking Market
Open Banking Market - Global Industry Assessment & Forecast
Segments Covered
- By Financial Services Banking & Capital Markets, Payments, Digital Currencies, Value Added Services
- By Distribution channel Bank Channel, App market, Distributors, Aggregators
- By Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 12.39 Billion |
Revenue 2030: | USD 68.75 Billion |
Revenue CAGR (2023 - 2030): | 23.88% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Open Banking Market - Segment Analysis
- Overview
- Global Open Banking Market, 2016 - 2028 (USD Million)
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Global Open Banking Market - by Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
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Global Open Banking Market - by Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
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Global Open Banking Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Open Banking Market - Segment Analysis
- Overview
- North America Open Banking Market, 2016 - 2028 (USD Million)
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North America Open Banking Market, by Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
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North America Open Banking Market, by Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
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North America Open Banking Market, by Country
- U.S.
- U.S. Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- U.S. Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- U.S. Open Banking Market, By Financial Services
- Canada
- Canada Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Canada Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Canada Open Banking Market, By Financial Services
- Mexico
- Mexico Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Mexico Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Mexico Open Banking Market, By Financial Services
- U.S.
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Europe Open Banking Market - Segment Analysis
- Overview
- Europe Open Banking Market, 2016 - 2028 (USD Million)
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Europe Open Banking Market, by Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
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Europe Open Banking Market, by Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
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Europe Open Banking Market, by Country
- Germany
- Germany Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Germany Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Germany Open Banking Market, By Financial Services
- UK
- UK Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- UK Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- UK Market, By Financial Services
- France
- France Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- France Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- France Open Banking Market, By Financial Services
- Spain
- Spain Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Spain Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Spain Open Banking Market, By Financial Services
- Italy
- Italy Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Italy Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Italy Open Banking Market, By Financial Services
- BENELUX
- BENELUX Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- BENELUX Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- BENELUX Open Banking Market, By Financial Services
- Rest of Europe
- Rest Of Europe Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Rest Of Europe Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Rest Of Europe Open Banking Market, By Financial Services
- Germany
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Asia Pacific Open Banking Market - Segment Analysis
- Overview
- Asia Pacific Open Banking Market, 2016 - 2028 (USD Million)
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Asia Pacific Open Banking Market, by Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
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Asia Pacific Open Banking Market, by Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
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Asia Pacific Open Banking Market, by Country
- China
- China Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- China Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- China Open Banking Market, By Financial Services
- Japan
- Japan Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Japan Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Japan Open Banking Market, By Financial Services
- India
- India Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- India Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- India Open Banking Market, By Financial Services
- South Korea
- South Korea Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- South Korea Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- South Korea Open Banking Market, By Financial Services
- South East Asia
- South East Asia Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- South East Asia Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- South East Asia Open Banking Market, By Financial Services
- Rest of Asia Pacific
- Rest of Asia Pacific Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Rest of Asia Pacific Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Rest of Asia Pacific Open Banking Market, By Financial Services
- China
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Latin America Open Banking Market - Segment Analysis
- Overview
- Latin America Open Banking Market, 2016 - 2028 (USD Million)
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Latin America Open Banking Market, by Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
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Latin America Open Banking Market, by Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
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Latin America Open Banking Market, by Country
- Brazil
- Brazil Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Brazil Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Brazil Open Banking Market, By Financial Services
- Argentina
- Argentina Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Argentina Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Argentina Open Banking Market, By Financial Services
- Rest of Latin America
- Rest of Latin America Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Rest of Latin America Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Rest of Latin America Open Banking Market, By Financial Services
- Brazil
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Middle East & Africa Open Banking Market - Segment Analysis
- Overview
- Middle East & Africa Open Banking Market, 2016 - 2028 (USD Million)
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Middle East & Africa Open Banking Market, by Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
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Middle East & Africa Open Banking Market, by Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
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Middle East & Africa Open Banking Market, by Country
- GCC Countries
- GCC Countries Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- GCC Countries Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- GCC Countries Open Banking Market, By Financial Services
- South Africa
- South Africa Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- South Africa Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- South Africa Open Banking Market, By Financial Services
- Rest of Middle East & Africa
- Rest of Middle East & Africa Open Banking Market, By Financial Services
- By Banking & Capital Markets
- By Payments
- By Digital Currencies
- By Value Added Services
- Rest of Middle East & Africa Open Banking Market, By Distribution channel
- By Bank Channel
- By App market
- By Distributors
- By Aggregators
- Rest of Middle East & Africa Open Banking Market, By Financial Services
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- RLDatix (Canada)
- Riskonnect Inc. (Georgia)
- Verge Health (US)
- Clarity Group Inc. (US)
- The Patient Safety Company (Netherlands)
- RiskQual Technologies (US)
- Quantros Inc. (US)
- Conduent Inc. (US)
- Prista Corporation (US)
- Smartgate Solutions Ltd. (UK).
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Open Banking in terms of revenue?
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The global Open Banking valued at USD 12.39 Billion in 2022 and is expected to reach USD 68.75 Billion in 2030 growing at a CAGR of 23.88%.
Which are the prominent players in the market?
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The prominent players in the market are RLDatix (Canada), Riskonnect Inc. (Georgia), Verge Health (US), Clarity Group Inc. (US), The Patient Safety Company (Netherlands), RiskQual Technologies (US), Quantros Inc. (US), Conduent Inc. (US), Prista Corporation (US), Smartgate Solutions Ltd. (UK)..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 23.88% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Open Banking include
- Increase in the number of people using new wave apps and services
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Open Banking in 2022.