Third-party banking software market expected to grow by USD 3.04 billion from 2020 to 2025

NEW YORK, January 14, 2022 /PRNewswire/ — The “Third Party Banking Software Market – Competitive Analysis, Drivers, Challenges and Five Forces Analysisreport has been added to Technavio’s offering. 33% of market growth will come from Europe during the forecast period. UK, Germany and France are the leading markets for third-party banking software in Europe. The market growth in this region will be slower than the market growth in APAC, MEA and South America regions. Growth in the banking sector will facilitate the growth of the third-party banking software market by Europe over the forecast period. The third-party banking software market is expected to grow by $3.04 billion from 2020 to 2025. However, the growth momentum is expected to slow 10% CAGR according to Technavio’s latest market report.

Attractive Opportunities in Third-Party Banking Software Market by Application, End-User, Deployment, and Geography – Forecast and Analysis 2021-2025

For more insights on Third Party Banking Software Market – Download a free sample now!

Market dynamics

Factors such as the growing use of digital payment solutions are notably driving the growth of the third-party banking software market. However, factors such as privacy and data security issues may hamper market growth. Holistic analysis of drivers and challenges will help infer end goals and refine marketing strategies to gain competitive advantage. The Third-Party Banking Software Market analysis report also provides in-depth information on other upcoming trends which will have a tremendous effect on market growth.

Company Profiles

The third-party banking software market is fragmented and vendors are deploying organic and inorganic growth strategies to compete in the market. The Third-Party Banking Software Market report includes information on product launches, sustainability and outlook of major vendors including Accenture Plc, Capgemini Services SAS, Fidelity National Information Services Inc., Fiserv Inc., Infosys Ltd., International Business Machines Corp. , Oracle Corp., SAP SE, Tata Consultancy Services Ltd. and Temenos AG.

Few companies with key offers

Accenture SA – The company develops and provides software for basic banking services.
Capgemini Services SAS – The Company develops and provides software for basic banking services through its application services business segment.
Fidelity National Information Services Inc. – The company offers FIS Suite, it is a complete, end-to-end, agile and component basic banking solution, aimed at meeting all the needs of banking organizations.
Fiserv Inc – The company offers Agiliti and Cleartouch. Agiliti is a comprehensive, cloud-based core banking suite that is an end-to-end, feature-rich, multi-channel software infrastructure solution. Cleartouch is an integrated, online, real-time banking platform that provides advanced business analytics to banking organizations.
Infosys Ltd – The Company offers third-party banking software through the financial services segment.

Competitive analysis

The competitive scenario provided in the Third-Party Banking Software report analyzes, evaluates and positions companies based on various performance indicators. Some of the factors taken into consideration for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, market share growth, etc.

Market segmentation

Through Final user, the market is categorized into retail users and enterprises.
Through Deployment, the market is categorized into on-premises and cloud-based.
Through Application, the market is categorized into basic banking software, asset and wealth management software, and other banking software.
Through Geography, the market is classified as Europe, North America, APAC, South Americaand MEA.

For more information on segmentation – Request an exclusive free sample now!

Related Reports –
Islamic Banking Software Market –The Islamic banking software market has the potential to grow USD 3.88 billion between 2021 and 2025, and the growth momentum of the market will slow down at a CAGR of 19.33%. Download a free sample now!

Fintech Software Market –The fintech software market size is expected to reach a value of $25.48 billion, at a CAGR of 8.97%, over the period 2021-2025. Download a free sample now!

Third Party Banking Software Market Scope
Report cover	Details
Page number	120
Year of reference	2020
Forecast period	2021-2025
Growth momentum and CAGR	Decelerate at 10% CAGR
Market Growth 2021-2025	$3.04 billion
Market structure	Fragmented
Annual growth (%)	7.52
Regional analysis	Europe, North America, APAC, South America and MEA
Successful market contribution	Europe at 33%
Main consumer countries	United States, United Kingdom, China, Germany, France and Japan
Competitive landscape	Leading companies, competitive strategies, scope of consumer engagement
Profiled companies	Accenture Plc, Capgemini Services SAS, Fidelity National Information Services Inc., Fiserv Inc., Infosys Ltd., International Business Machines Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd. and Temenos AG
Market dynamics	Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,
Personalization area	If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/