Digital Banking Market to Grow at 4% CAGR to 2024: By Key Vendors: Oracle, SAP SE, Kony, BNY Mellon, Finastra Fiserv, Temenos, Backbase
The North American digital banking market is anticipated to grow at a CAGR of 2.5% during the forecast period. The market is driven by the early adoption of digital solutions among the banking institutes. The high penetration of internet and smartphone users is also augmenting the demand for digital banking solutions. Large volumes of credit card and debit card transactions in the region also promote the digital banking market.
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