Open Banking Market By Financial Services, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020-2031

Description

List of Tables

Open banking is a banking service in which the bank account data is shared through secured open application programming interface (APIs) to third-party services providers. These APIs deliver a secure way to share financial information between two parties. Furthermore, this financial information is used by banks and third-party organizations to design applications and services which are offered to the customer. The exchanged information also allows the designing of advanced and personalized applications which improve the customer experience levels related to financial services. Furthermore, open banking platform makes it easier for consumers to compare the details of current accounts and other banking services. In addition, the advanced applications will potentially assist consumers such as small and medium businesses in making financial decisions.

Increase in the number of people using new wave apps and services and rise in customer engagement and attending banking customers need boost the growth of the open banking market. Furthermore, the benefits of an open banking platform are growing and are advantageous for all parties involved in the financial services sector, including banks, enterprises, FinTech, and innovators. This is an important factor that fosters the growth of the open banking market.

However, an increase in events of online fraud and data insecurity is expected to restrict the open banking market growth. On the contrary, significant increase in the collaboration of financial service providers, and traditional banking with FinTech is to boost the growth of open banking market.

The open banking market is studied on the basis of financial services, distribution channel, and region. By financial service, the market is divided into bank & capital market, payments, digital currencies, and others. As per distribution channel, it is divided into bank channels, app market, distributors, and aggregators. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The open banking market analysis includes top companies operating in the market such as Banco Bilbao Vizcaya Argentaria. S.A., Credit Agricole, Deposit Solutions, Finastra, Jack Henry & Associates, Inc., Nordigen Solutions, Revolut Ltd., Societe Generale, Tink (Visa Inc.), and Yapily Ltd. These players have adopted various strategies to increase their market penetration and strengthen their position in the open banking industry.

Key Benefits For Stakeholders

The study provides in-depth analysis of the open banking market along with the current trends and future estimations to illustrate the imminent investment pockets.
Information about key drivers, restrains, & opportunities and their impact analysis on the open banking market size are provided in the report.
The Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the open banking market from 2020 to 2031 is provided to determine the market potential.

Key Market Segments

By Financial Services

Banking Capital Markets
Payments
Digital Currencies
Value Added Services

By Distribution Channel

Bank Channel
App market
Distributors
Aggregators

By Region

North America
- U.S.
- Canada
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin Amercia
- Middle East
- Africa
Key Market Players
- BBVA SA
- Credit Agricole
- Deposit Solutions
- Finestra
- Jack Henry & Associates, Inc.
- Nordigen Solutions
- Revolut Ltd.
- Societe Generale
- Tink
- Yapily Ltd.

Product Code: A03497

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market

CHAPTER 4: OPEN BANKING MARKET, BY FINANCIAL SERVICES

4.1 Overview
- 4.1.1 Market size and forecast
4.2 Banking & Capital Markets
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
4.3 Payments
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
4.4 Digital Currencies
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
4.5 Value Added Services
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country

CHAPTER 5: OPEN BANKING MARKET, BY DISTRIBUTION CHANNEL

5.1 Overview
- 5.1.1 Market size and forecast
5.2 Bank Channel
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
5.3 App market
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
5.4 Distributors
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
5.5 Aggregators
- 5.5.1 Key market trends, growth factors and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market analysis by country

CHAPTER 6: OPEN BANKING MARKET, BY REGION

6.1 Overview
- 6.1.1 Market size and forecast
6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 North America Market size and forecast, by Financial Services
- 6.2.3 North America Market size and forecast, by Distribution Channel
- 6.2.4 North America Market size and forecast, by country
  - 6.2.4.1 U.S.
  - 6.2.4.1.1 Market size and forecast, by Financial Services
  - 6.2.4.1.2 Market size and forecast, by Distribution Channel
  - 6.2.4.2 Canada
  - 6.2.4.2.1 Market size and forecast, by Financial Services
  - 6.2.4.2.2 Market size and forecast, by Distribution Channel
6.3 Europe
- 6.3.1 Key trends and opportunities
- 6.3.2 Europe Market size and forecast, by Financial Services
- 6.3.3 Europe Market size and forecast, by Distribution Channel
- 6.3.4 Europe Market size and forecast, by country
  - 6.3.4.1 United Kingdom
  - 6.3.4.1.1 Market size and forecast, by Financial Services
  - 6.3.4.1.2 Market size and forecast, by Distribution Channel
  - 6.3.4.2 Germany
  - 6.3.4.2.1 Market size and forecast, by Financial Services
  - 6.3.4.2.2 Market size and forecast, by Distribution Channel
  - 6.3.4.3 France
  - 6.3.4.3.1 Market size and forecast, by Financial Services
  - 6.3.4.3.2 Market size and forecast, by Distribution Channel
  - 6.3.4.4 Italy
  - 6.3.4.4.1 Market size and forecast, by Financial Services
  - 6.3.4.4.2 Market size and forecast, by Distribution Channel
  - 6.3.4.5 Spain
  - 6.3.4.5.1 Market size and forecast, by Financial Services
  - 6.3.4.5.2 Market size and forecast, by Distribution Channel
  - 6.3.4.6 Rest of Europe
  - 6.3.4.6.1 Market size and forecast, by Financial Services
  - 6.3.4.6.2 Market size and forecast, by Distribution Channel
6.4 Asia-Pacific
- 6.4.1 Key trends and opportunities
- 6.4.2 Asia-Pacific Market size and forecast, by Financial Services
- 6.4.3 Asia-Pacific Market size and forecast, by Distribution Channel
- 6.4.4 Asia-Pacific Market size and forecast, by country
  - 6.4.4.1 China
  - 6.4.4.1.1 Market size and forecast, by Financial Services
  - 6.4.4.1.2 Market size and forecast, by Distribution Channel
  - 6.4.4.2 Japan
  - 6.4.4.2.1 Market size and forecast, by Financial Services
  - 6.4.4.2.2 Market size and forecast, by Distribution Channel
  - 6.4.4.3 India
  - 6.4.4.3.1 Market size and forecast, by Financial Services
  - 6.4.4.3.2 Market size and forecast, by Distribution Channel
  - 6.4.4.4 Australia
  - 6.4.4.4.1 Market size and forecast, by Financial Services
  - 6.4.4.4.2 Market size and forecast, by Distribution Channel
  - 6.4.4.5 South Korea
  - 6.4.4.5.1 Market size and forecast, by Financial Services
  - 6.4.4.5.2 Market size and forecast, by Distribution Channel
  - 6.4.4.6 Rest of Asia-Pacific
  - 6.4.4.6.1 Market size and forecast, by Financial Services
  - 6.4.4.6.2 Market size and forecast, by Distribution Channel
6.5 LAMEA
- 6.5.1 Key trends and opportunities
- 6.5.2 LAMEA Market size and forecast, by Financial Services
- 6.5.3 LAMEA Market size and forecast, by Distribution Channel
- 6.5.4 LAMEA Market size and forecast, by country
  - 6.5.4.1 Latin Amercia
  - 6.5.4.1.1 Market size and forecast, by Financial Services
  - 6.5.4.1.2 Market size and forecast, by Distribution Channel
  - 6.5.4.2 Middle East
  - 6.5.4.2.1 Market size and forecast, by Financial Services
  - 6.5.4.2.2 Market size and forecast, by Distribution Channel
  - 6.5.4.3 Africa
  - 6.5.4.3.1 Market size and forecast, by Financial Services
  - 6.5.4.3.2 Market size and forecast, by Distribution Channel

CHAPTER 7: COMPANY LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments

CHAPTER 8: COMPANY PROFILES

8.1 BBVA SA
- 8.1.1 Company overview
- 8.1.2 Company snapshot
- 8.1.3 Operating business segments
- 8.1.4 Product portfolio
- 8.1.5 Business performance
- 8.1.6 Key strategic moves and developments
8.2 Credit Agricole
- 8.2.1 Company overview
- 8.2.2 Company snapshot
- 8.2.3 Operating business segments
- 8.2.4 Product portfolio
- 8.2.5 Business performance
- 8.2.6 Key strategic moves and developments
8.3 Deposit Solutions
- 8.3.1 Company overview
- 8.3.2 Company snapshot
- 8.3.3 Operating business segments
- 8.3.4 Product portfolio
- 8.3.5 Business performance
- 8.3.6 Key strategic moves and developments
8.4 Finestra
- 8.4.1 Company overview
- 8.4.2 Company snapshot
- 8.4.3 Operating business segments
- 8.4.4 Product portfolio
- 8.4.5 Business performance
- 8.4.6 Key strategic moves and developments
8.5 Jack Henry & Associates, Inc.
- 8.5.1 Company overview
- 8.5.2 Company snapshot
- 8.5.3 Operating business segments
- 8.5.4 Product portfolio
- 8.5.5 Business performance
- 8.5.6 Key strategic moves and developments
8.6 Nordigen Solutions
- 8.6.1 Company overview
- 8.6.2 Company snapshot
- 8.6.3 Operating business segments
- 8.6.4 Product portfolio
- 8.6.5 Business performance
- 8.6.6 Key strategic moves and developments
8.7 Revolut Ltd.
- 8.7.1 Company overview
- 8.7.2 Company snapshot
- 8.7.3 Operating business segments
- 8.7.4 Product portfolio
- 8.7.5 Business performance
- 8.7.6 Key strategic moves and developments
8.8 Societe Generale
- 8.8.1 Company overview
- 8.8.2 Company snapshot
- 8.8.3 Operating business segments
- 8.8.4 Product portfolio
- 8.8.5 Business performance
- 8.8.6 Key strategic moves and developments
8.9 Tink
- 8.9.1 Company overview
- 8.9.2 Company snapshot
- 8.9.3 Operating business segments
- 8.9.4 Product portfolio
- 8.9.5 Business performance
- 8.9.6 Key strategic moves and developments
8.10 Yapily Ltd.
- 8.10.1 Company overview
- 8.10.2 Company snapshot
- 8.10.3 Operating business segments
- 8.10.4 Product portfolio
- 8.10.5 Business performance
- 8.10.6 Key strategic moves and developments