Global Banking System Software Market Size study & Forecast, by Software, By Services (Professional Services, Managed Services, By Deployment, By Operating System, By Enterprise Size, By Application and Regional Analysis, 2023-2030

Description

List of Tables

Global Banking System Software Market is valued approximately at USD 35.88 billion in 2022 and is anticipated to grow with a growth rate of more than 6.2% over the forecast period 2023-2030. Banking System Software refers to specialized software applications that are designed to facilitate and automate various banking operations and processes. These software solutions are used by banks and financial institutions to manage their day-to-day operations efficiently, enhance customer experience, and ensure regulatory compliance. The widespread use of smartphones and the internet has ramped up the demand for financial system software. The rise of digital banking has led to an increased demand for advanced solutions that enhance customer experience by providing reliable, secure, and cutting-edge options for managing accounts and conducting transactions using mobile personal devices.

The growth of fintech has had a significant impact on the market for banking system software. Fintech companies are revolutionizing the way people manage their finances through the introduction of innovative software solutions.. According to Statista, the worldwide fintech business is expected to generate USD 125.18 billion more in yearly income between 2023 and 2030, with an estimated global sale of USD 169.32 billion in 2023. The global fintech market is anticipated to generate approximately USD 294.5 billion in revenue by 2030. Another significant industry driver for banking system software is government regulatory compliance as Governments imposes regulations and standards to ensure the integrity, security, and transparency of financial transactions. Banks must adhere to these regulations to prevent fraud, money laundering, and other illicit activities. Banking system software plays a crucial role in enabling banks to meet compliance requirements by providing features such as transaction monitoring, customer due diligence, and reporting functionalities. Additionally, as the banking sector becomes increasingly competitive, there is a growing need for technological solutions that can provide a competitive edge. However, high implementation and maintenance costs for software stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Banking System Software Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the banking system software market in 2022 with a revenue share of more than XX%. The expansion of the regional market has been facilitated by the presence of numerous top banking software providers in the area, including JPMorgan Chase, Bank of America, and Citigroup. These businesses have a substantial demand for cutting-edge banking system software solutions to boost productivity and competitiveness. Furthermore, the development of banking software solutions has been aided by North America's sizable and well-established IT sector. Asia Pacific is expected to be the fastest growing region during the forecast period. The rapidly expanding economies in the region, such as China and India, are to blame for the expansion of the regional market for banking system software since they have increased demand for banking services. The expansion of the financial industry in the Asia-Pacific region is further propelled by the increasing size of the middle-class population. This demographic shift leads to a rise in disposable income and a growing demand for financial services.

Major market player included in this report are:

Microsoft Corporation
International Business Machines (IBM) Corporation
Finastra International ltd.
Fidelity National Information Services, Inc.
Fiserv, Inc.
SAP SE
Oracle Corporation
Infosys Limited
TATA Consultancy Services Limited
Salesforce, Inc.

Recent Developments in the Market:

In January 2022, Supply chain finance and dynamic discounting services are provided by the financial technology company Taulia, which was acquired by SAP SE. SAP SE would be able to boost its CFO office products and expand its Business Network through this acquisition. Furthermore, Taulia's solutions will continue to be offered separately as well as be intimately integrated with SAP.
In January 2021, Postbank Systems AG was acquired by Tata Consultancy Services Ltd. from Deutsche Bank AG. Tata Consultancy Services Ltd. would be able to expand its clientele in Germany and improve its prospects for future growth with this acquisition.

Global Banking System Software Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Software, Services, Deployment, Operating System, Enterprise Size, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Software:

Core Banking System Software
Corporate Banking System Software
Investment Banking System Software
Others

By Service:

Professional Services
Managed Services

By Deployment:

On-premise
Cloud

By Operating System:

Android
Windows
iOS
Others

By Enterprise Size:

Large Enterprises
Small & Medium Enterprises

By Application:

Transaction Management
Credit and Lending
Risk & Compliance
Customer Relationship Management
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Banking System Software Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Banking System Software Market, by Software, 2020-2030 (USD Billion)
- 1.2.3. Banking System Software Market, by Service, 2020-2030 (USD Billion)
- 1.2.4. Banking System Software Market, by Deployment, 2020-2030 (USD Billion)
- 1.2.5. Banking System Software Market, by Operating System, 2020-2030 (USD Billion)
- 1.2.6. Banking System Software Market, by Enterprise Size, 2020-2030 (USD Billion)
- 1.2.7. Banking System Software Market, by Application, 2020-2030 (USD Billion
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Banking System Software Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Banking System Software Market Dynamics

3.1. Banking System Software Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Digitalisation in Banking Sector
  - 3.1.1.2. Increasing demand for Smartphones and Internet
  - 3.1.1.3. Growing Fintech Industry
- 3.1.2. Market Challenges
  - 3.1.2.1. High Maintenance Cost of Banking System Software
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing Government Compliances and Regulations
  - 3.1.3.2. Increasing Competitiveness in the banking sector

Chapter 4. Global Banking System Software Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Banking System Software Market, by Software

5.1. Market Snapshot
5.2. Global Banking System Software Market by Software, Performance - Potential Analysis
5.3. Global Banking System Software Market Estimates & Forecasts by Software 2020-2030 (USD Billion)
5.4. Banking System Software Market, Sub Segment Analysis
- 5.4.1. Core Banking System Software
- 5.4.2. Corporate Banking System Software
- 5.4.3. Investment Banking System Software
- 5.4.4. Others

Chapter 6. Global Banking System Software Market, by Service

6.1. Market Snapshot
6.2. Global Banking System Software Market by Service, Performance - Potential Analysis
6.3. Global Banking System Software Market Estimates & Forecasts by Service 2020-2030 (USD Billion)
6.4. Banking System Software Market, Sub Segment Analysis
- 6.4.1. Professional Services
- 6.4.2. Managed Services

Chapter 7. Global Banking System Software Market, by Deployment

7.1. Market Snapshot
7.2. Global Banking System Software Market by Deployment, Performance - Potential Analysis
7.3. Global Banking System Software Market Estimates & Forecasts by Deployment 2020-2030 (USD Billion)
7.4. Banking System Software Market, Sub Segment Analysis
- 7.4.1. On-premise
- 7.4.2. Cloud

Chapter 8. Global Banking System Software Market, by Operating System

8.1. Market Snapshot
8.2. Global Banking System Software Market by Operating System, Performance - Potential Analysis
8.3. Global Banking System Software Market Estimates & Forecasts by Operating System 2020-2030 (USD Billion)
8.4. Banking System Software Market, Sub Segment Analysis
- 8.4.1. Android
- 8.4.2. Windows
- 8.4.3. iOS
- 8.4.4. Others

Chapter 9. Global Banking System Software Market, by Enterprise Size

9.1. Market Snapshot
9.2. Global Banking System Software Market by Enterprise Size, Performance - Potential Analysis
9.3. Global Banking System Software Market Estimates & Forecasts by Enterprise Size 2020-2030 (USD Billion)
9.4. Banking System Software Market, Sub Segment Analysis
- 9.4.1. Large Enterprises
- 9.4.2. Small & Medium Enterprises

Chapter 10. Global Banking System Software Market, by Application

10.1. Market Snapshot
10.2. Global Banking System Software Market by Application, Performance - Potential Analysis
10.3. Global Banking System Software Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
10.4. Banking System Software Market, Sub Segment Analysis
- 10.4.1. Transaction Management
- 10.4.2. Credit and Lending
- 10.4.3. Risk & Compliance
- 10.4.4. Customer Relationship Management
- 10.4.5. Others

Chapter 11. Global Banking System Software Market, Regional Analysis

11.1. Top Leading Countries
11.2. Top Emerging Countries
11.3. Banking System Software Market, Regional Market Snapshot
11.4. North America Banking System Software Market
- 11.4.1. U.S. Banking System Software Market
  - 11.4.1.1. Software breakdown estimates & forecasts, 2020-2030
  - 11.4.1.2. Service breakdown estimates & forecasts, 2020-2030
  - 11.4.1.3. Deployment breakdown estimates & forecasts, 2020-2030
  - 11.4.1.4. Operating System breakdown estimates & forecasts, 2020-2030
  - 11.4.1.5. Enterprise Size breakdown estimates & forecasts, 2020-2030
  - 11.4.1.6. Application breakdown estimates & forecasts, 2020-2030
- 11.4.2. Canada Banking System Software Market
11.5. Europe Banking System Software Market Snapshot
- 11.5.1. U.K. Banking System Software Market
- 11.5.2. Germany Banking System Software Market
- 11.5.3. France Banking System Software Market
- 11.5.4. Spain Banking System Software Market
- 11.5.5. Italy Banking System Software Market
- 11.5.6. Rest of Europe Banking System Software Market
11.6. Asia-Pacific Banking System Software Market Snapshot
- 11.6.1. China Banking System Software Market
- 11.6.2. India Banking System Software Market
- 11.6.3. Japan Banking System Software Market
- 11.6.4. Australia Banking System Software Market
- 11.6.5. South Korea Banking System Software Market
- 11.6.6. Rest of Asia Pacific Banking System Software Market
11.7. Latin America Banking System Software Market Snapshot
- 11.7.1. Brazil Banking System Software Market
- 11.7.2. Mexico Banking System Software Market
11.8. Middle East & Africa Banking System Software Market
- 11.8.1. Saudi Arabia Banking System Software Market
- 11.8.2. South Africa Banking System Software Market
- 11.8.3. Rest of Middle East & Africa Banking System Software Market

Chapter 12. Competitive Intelligence

12.1. Key Company SWOT Analysis
- 12.1.1. Company 1
- 12.1.2. Company 2
- 12.1.3. Company 3
12.2. Top Market Strategies
12.3. Company Profiles
- 12.3.1. Microsoft Corporation
  - 12.3.1.1. Key Information
  - 12.3.1.2. Overview
  - 12.3.1.3. Financial (Subject to Data Availability)
  - 12.3.1.4. Product Summary
  - 12.3.1.5. Recent Developments
- 12.3.2. International Business Machines (IBM) Corporation
- 12.3.3. Finastra International ltd.
- 12.3.4. Fidelity National Information Services, Inc.
- 12.3.5. Fiserv, Inc.
- 12.3.6. SAP SE
- 12.3.7. Oracle Corporation
- 12.3.8. Infosys Limited
- 12.3.9. TATA Consultancy Services Limited
- 12.3.10. Salesforce Inc.

Chapter 13. Research Process

13.1. Research Process
- 13.1.1. Data Mining
- 13.1.2. Analysis
- 13.1.3. Market Estimation
- 13.1.4. Validation
- 13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Banking System Software Market, report scope
TABLE 2. Global Banking System Software Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Banking System Software Market estimates & forecasts by Software 2020-2030 (USD Billion)
TABLE 4. Global Banking System Software Market estimates & forecasts by Service 2020-2030 (USD Billion)
TABLE 5. Global Banking System Software Market estimates & forecasts by Deployment2020-2030 (USD Billion)
TABLE 6. Global Banking System Software Market estimates & forecasts by Operating System2020-2030 (USD Billion)
TABLE 7. Global Banking System Software Market estimates & forecasts by Enterprise Size 2020-2030 (USD Billion)
TABLE 8. Global Banking System Software Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 9. Global Banking System Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Banking System Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Banking System Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Banking System Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Banking System Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Banking System Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Banking System Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Banking System Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. Global Banking System Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. Global Banking System Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. U.S. Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. U.S. Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. U.S. Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. Canada Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Canada Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. UK Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. UK Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. Germany Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Germany Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. France Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. France Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Italy Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Italy Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. Spain Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. Spain Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. RoE Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. RoE Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. China Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. China Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. India Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. India Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. Japan Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Japan Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. South Korea Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. South Korea Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. Australia Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Australia Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. RoAPAC Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. RoAPAC Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Brazil Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Brazil Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. Mexico Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Mexico Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. RoLA Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoLA Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. Saudi Arabia Banking System Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 71. South Africa Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 72. RoMEA Banking System Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 73. List of secondary sources, used in the study of global Banking System Software Market
TABLE 74. List of primary sources, used in the study of global Banking System Software Market
TABLE 75. Years considered for the study
TABLE 76. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Banking System Software Market, research methodology
FIG 2. Global Banking System Software Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Banking System Software Market, key trends 2022
FIG 5. Global Banking System Software Market, growth prospects 2023-2030
FIG 6. Global Banking System Software Market, porters 5 force model
FIG 7. Global Banking System Software Market, pest analysis
FIG 8. Global Banking System Software Market, value chain analysis
FIG 9. Global Banking System Software Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Banking System Software Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Banking System Software Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Banking System Software Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Banking System Software Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Banking System Software Market, regional snapshot 2020 & 2030
FIG 15. North America Banking System Software Market 2020 & 2030 (USD Billion)
FIG 16. Europe Banking System Software Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Banking System Software Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Banking System Software Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Banking System Software Market 2020 & 2030 (USD Billion)