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Global Third-party Banking Software Market, 2019-2023: Projected to Record a CAGR of Approx 9%, Driven by the Growing Amount Digital Payments - ResearchAndMarkets.com
[February 21, 2019]

Global Third-party Banking Software Market, 2019-2023: Projected to Record a CAGR of Approx 9%, Driven by the Growing Amount Digital Payments - ResearchAndMarkets.com


The "Global Third-party Banking Software Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The third-party banking software market will register a CAGR of almost 9% by 2023.

Globally, digital payments are growing continuously in the banking industry. Hence, various enterprises in the banking industry across the globe are offering digital payment solutions to improve day-to-day processes and gain a competitive advantage over their rivals. Therefore, it is also encouraging other enterprises in this industry to offer digital payment solutions in their product offerings.

With the growth in such digital payment platforms, the demand for third-party banking software will also increase, as it will help the enterprises to manage their digital payment platforms. Therefore, with the increase in digital payments, the demand for third-party banking software is also expected to increase during the forecast period.

Increased need for greater customer satisfaction

The enterprises in the banking industry are increasing their geographic reach by expanding into new regions to increase their customer base. This will lead to an increase in customer base, due to which enterprises need to opt for third-party banking software to manage their customers efficiently and provide better customer service.

Issues related to data privacy and security

Data privacy and security risk are the major barriers for the adoption of third-party banking software by enterprises in the banking industry. Since a large volume of financial data of customers is being digitized, crucial aspects such as security, liability, privacy, and protection of intellectual property have emerged in the financial services sector to avoid fraud. Data security and data privacy are major concerns in the market.

Competitive Landscape



The market appears to be moderately fragmented with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players


  • FIS
  • Fiserv Inc.
  • Infosys Limited
  • Oracle (News - Alert)
  • Temenos Headquarters S.A.

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry

PART 06: MARKET SEGMENTATION BY DEPLOYMENT

  • Comparison by deployment
  • On-premises - Market size and forecast 2018-2023
  • Cloud-based - Market size and forecast 2018-2023
  • Market opportunity by deployment

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Comparison by application
  • Core banking software - Market size and forecast 2018-2023
  • Asset and wealth management software - Market size and forecast 2018-2023
  • Other banking software - Market size and forecast 2018-2023
  • Market opportunity by application

PART 08: MARKET SEGMENTATION BY END-USER

  • Comparison by end-user
  • Retail users - Market size and forecast 2018-2023
  • Corporate users - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 09: CUSTOMER LANDSCAPE

PART 10: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

PART 13: MARKET TRENDS

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • FIS
  • Fiserv Inc.
  • Infosys (News - Alert) Limited
  • Oracle
  • Temenos Headquarters S.A.

For more information about this report visit https://www.researchandmarkets.com/research/7jxrrt/global?w=4


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