The Global Core Banking Software Market is forecasted to grow by USD 20638.03 million during 2022-2027, accelerating at a CAGR of 19.9% during the forecast period
Global Core Banking Software Market 2023-2027. The core banking software market is forecasted to grow by USD 20638.03 million during 2022-2027, accelerating at a CAGR of 19.9% during the forecast period.
New York, Aug. 14, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Core Banking Software Market 2023-2027” – https://www.reportlinker.com/p06484990/?utm_source=GNW
The report on the core banking software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technological advancements, growing demand for seamless customer experiences and personalized banking services, and regulatory compliance requirements.
The core banking software market is segmented as below:
By Deployment
• On-premise
• Cloud
By End-user
• Banks
• Financial institutions
By Geographical Landscape
• North America
• Europe
• APAC
• South America
• Middle East and Africa
This study identifies the cloud-based core banking solutions for scalability, cost-effectiveness, and enhanced flexibility as one of the prime reasons driving the core banking software market growth during the next few years. Also, emphasis on open banking and API integration and adoption of artificial intelligence and machine learning will lead to sizable demand in the market.
The report on the core banking software market covers the following areas:
• Core banking software market sizing
• Core banking software market forecast
• Core banking software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading core banking software market vendors that include Fidelity National Information Services Inc., Finastra, Fiserv Inc., HCL Technologies Ltd., Infosys Ltd., Intellect Design Arena Ltd., Mambu B.V., Nidec Corp., Nucleus Software Exports Ltd., Oracle Corp., SAP SE, SoFi Technologies Inc., Sopra Steria Group SA, Tata Consultancy Services Ltd., Temenos Headquarters SA, Unisys Corp., Wipro Ltd., ZKAPITOL Technologies Ltd., Capgemini Service SAS, and Capital Banking Solutions. Also, the core banking software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p06484990/?utm_source=GNW
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