Global Core Banking Solution Market by Manufacturers, Countries, Type and Application, Forecast to 2023
A brief overview of Global Core Banking Solution Market is provided in the report based on product scope and market status & outlook. The market is segmented on the basis of type, end-users/application, and geography
Portland, OR -- (SBWire) -- 06/29/2018 --It is quite challenging for banks in emerging economies to establish a physical presence to cater to the immense needs of an underserved populations in rural areas. Branch less banking offers a good solution to this predicament and banks have invested in mobile banking, net banking, and email banking to be available to any customers with the tap of a button. Banks are now able to tap customers in far-flung rural areas and thereby increase banking frequency.
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Scope of the Report:
This report studies the Core Banking Solution market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Core Banking Solution market by product type and applications/end industries.
The Western Europe banks segment is anticipated to have a value of almost US$ 3 billion by end 2025 that should make it roughly twice the size of financial institutions at that time.
The global Core Banking Solution market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Core Banking Solution.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
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Market Segment by Companies, this report covers
SAP
Oracle
Infosys
FIS
Tata
Misys
HCL
Temenos
Capgemini
Infrasoft
Snapshot
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Software
Services
Market Segment by Applications, can be divided into
Banks
Financial Institution
Others
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