Core Banking Software Global Market to Reach $21.61 Billion by 2030 at a CAGR of 8.9%
DUBLIN, Nov. 23, 2022 /PRNewswire/ -- The "Core Banking Software Market Size, Share & Trends Analysis Report by Solution (Deposits, Loans), by Service (Professional Service, Managed Service), by Deployment, by End Use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global core banking software market size is expected to reach USD 21.61 billion by 2030, registering at a CAGR of 8.9% from 2022 to 2030. The market growth can be attributed to the surge in the adoption of core banking technology across banks and financial institutions globally. This technology is helping numerous banks across the globe synchronize their front, mid, and back-office tasks.
Core banking software offers a comprehensive suite of capabilities to power the digital transformation of financial institutes. Numerous banks across the globe are adopting core banking solutions to gain a comprehensive set of capabilities, including extensive parameterization, flexible product factories, reusable business components, and product bundling. These capabilities are helping banks achieve innovation-led growth.
Core Banking Software Market Report Highlights
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