Open Banking Market 2024-2028
Incremental Growth2024-2028 (US$mn)
$ 57657.4
2024 Year-over-Year Growth
19.6%
CAGR (2024-2028)
27.2%
Report Coverage
Global
Open Banking Market Segmentation
Market Segmentation & Scope
Market Segment by Geographic Landscape
44%
of the growth will originate
from North America
Global Market Size 2018 - 2028 (US$ Mn)
Market is segmented by Service into Banking and capital markets, Payments, Digital currencies
The Banking and capital markets is expected to be largest growing segment during 2024-2028
Largest Segment - Banking and capital markets
US$ 31,713.60 Mn
Open Banking Market by Service into Banking and capital markets; 2018-2028 (US$ Mn)
Banking and capital markets Market Revenue and Forecast 2018-2028 (US$ Mn)Banking and capital markets
- Banking and capital markets Market Size and Forecast 2018 to 2028 (US$ Mn)
Open Banking Market by Service into Payments; 2018-2028 (US$ Mn)
Payments Market Revenue and Forecast 2018-2028 (US$ Mn)Payments
- Payments Market Size and Forecast 2018 to 2028 (US$ Mn)
Open Banking Market by Service into Digital currencies; 2018-2028 (US$ Mn)
Digital currencies Market Revenue and Forecast 2018-2028 (US$ Mn)Digital currencies
- Digital currencies Market Size and Forecast 2018 to 2028 (US$ Mn)
Market is segmented by Deployment into On premise, Cloud
The On premise is expected to be largest growing segment during 2024-2028
Largest Segment - On premise
US$ 39,974.00 Mn
Open Banking Market Size by Segmentation, by Deployment (US$ Mn)
| Deployment | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| On premise | 5474.00 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Cloud | XX | 5341.60 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Open Banking Market by Deployment into On premise; 2018-2028 (US$ Mn)
On premise Market Revenue and Forecast 2018-2028 (US$ Mn)On premise
- On premise Market Size and Forecast 2018 to 2028 (US$ Mn)
Open Banking Market by Deployment into Cloud; 2018-2028 (US$ Mn)
Cloud Market Revenue and Forecast 2018-2028 (US$ Mn)Cloud
- Cloud Market Size and Forecast 2018 to 2028 (US$ Mn)
Market is segmented by Geography into North America, Europe, APAC, South America, Middle East and Africa
The North America is estimated to contribute 44% to the growth of global market during the forecast period 2024-2028.
Largest Segment - North America
44%
Regional share of different regions, including North America, Europe, APAC, South America
| Region | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3807.60 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Europe | XX | 3606.20 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| APAC | XX | XX | 2864.00 | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| South America | XX | XX | XX | 1348.00 | 1578.20 | XX | XX | XX | XX | XX | XX | XX |
| Middle East and Africa | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Open Banking Market Size by Geography into North America; 2018-2028 (US$ Mn)
North America Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Country into Canada; 2018-2028 (US$ Mn)
Canada Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Country into US; 2018-2028 (US$ Mn)
US Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Geography into Europe; 2018-2028 (US$ Mn)
Europe Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Country into Germany; 2018-2028 (US$ Mn)
Germany Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Country into UK; 2018-2028 (US$ Mn)
UK Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Country into France; 2018-2028 (US$ Mn)
France Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Country into Sweden; 2018-2028 (US$ Mn)
Sweden Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Geography into APAC; 2018-2028 (US$ Mn)
APAC Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Country into China; 2018-2028 (US$ Mn)
China Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Country into India; 2018-2028 (US$ Mn)
India Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Country into Japan; 2018-2028 (US$ Mn)
Japan Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Country into Singapore; 2018-2028 (US$ Mn)
Singapore Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Geography into South America; 2018-2028 (US$ Mn)
South America Market Revenue and Forecast 2018-2028 (US$ Mn)Open Banking Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Mn)
Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Mn)Major Companies
Market Companies
| Name | Profile | Employees | Headquarters | Website | |
|---|---|---|---|---|---|
| Airwallex | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| American Express Co. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Australia and New Zealand Banking Group Ltd | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Banco Bilbao Vizcaya Argentaria SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Bank of Ireland | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Caixa Geral de Depósitos SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Citigroup Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Credit Agricole SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Finastra | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| HSBC Holdings Plc | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| ING Groep NV | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Jack Henry and Associates Inc | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Mambu BV | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Nationwide Mutual Insurance Co. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| NCR Voyix Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Qwist GmbH | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Revolut Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Royal Bank of Scotland plc | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Societe Generale SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Wise Payments Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com |
Open Banking Market Scope
- By Service
- Introduction / Key Findings
- Historical Market Size Value (US$ million) Analysis By Service, 2018 to 2022
- Current and Future Market Size Value (US$ million) Analysis and Forecast By Service, 2024 to 2028
- Y-o-Y Growth Trend Analysis By Service, 2018 to 2022
- Absolute $ Opportunity Analysis By Service, 2024 to 2028
- By Deployment
- Introduction / Key Findings
- Historical Market Size Value (US$ million) Analysis By Deployment, 2018 to 2022
- Current and Future Market Size Value (US$ million) Analysis and Forecast By Deployment, 2024 to 2028
- Y-o-Y Growth Trend Analysis By Deployment, 2018 to 2022
- Absolute $ Opportunity Analysis By Deployment, 2024 to 2028
- By Region
- Introduction / Key Findings
- Historical Market Size Value (US$ million) Analysis By Region, 2018 to 2022
- Current and Future Market Size Value (US$ million) Analysis and Forecast By Region, 2024 to 2028
- North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ million) Forecast By Market, 2024 to 2028
- By Country
- By Service
- By Deployment
- Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ million) Forecast By Market, 2024 to 2028
- By Country
- By Service
- By Deployment
- APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ million) Forecast By Market, 2024 to 2028
- By Country
- By Service
- By Deployment
- South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ million) Forecast By Market, 2024 to 2028
- By Service
- By Deployment
- Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ million) Forecast By Market, 2024 to 2028
- By Service
- By Deployment
Major Companies
Market companies
| Name | Profile | Employees | Headquarters | Website | |
|---|---|---|---|---|---|
| Airwallex | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| American Express Co. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Australia and New Zealand Banking Group Ltd | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Banco Bilbao Vizcaya Argentaria SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Bank of Ireland | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Caixa Geral de Depósitos SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Citigroup Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Credit Agricole SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Finastra | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| HSBC Holdings Plc | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| ING Groep NV | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Jack Henry and Associates Inc | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Mambu BV | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Nationwide Mutual Insurance Co. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| NCR Voyix Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Qwist GmbH | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Revolut Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Royal Bank of Scotland plc | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Societe Generale SA | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Wise Payments Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com |
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