Global Retail Banking Market Size study & Forecast, by Type (Public Sector Banks, Private Sector Banks, Foreign Banks, Community Development Banks, Non-banking Financial Companies ), by Service and Regional Analysis, 2023-2030

Description

List of Tables

Global Retail Banking Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Retail banking is a type of banking service in which individuals visit regional offices of larger commercial banks. Savings and checking accounts, personal loans, mortgages, debit and credit cards, and confirmation of deposits are among the services provided. Instead of corporations and SMEs, the individual customer is the main emphasis of retail banking. The Retail Banking market is expanding because of factors such as the rising number of digital transactions and the rising FinTech industry.

The rising number of digital payments across the globe is driving market growth. According to the Canadian Bankers Association, in the year 2018, the value of mobile banking transactions in Canada stood at USD 663.7 million which increased to USD 947 million in the year 2020. In addition, according to a Reserve Bank of India report, in 2020-21, the proportion of digital transactions in the total volume of non-cash retail payments increased to 98.5% from 97.0%. According to the same source, the total value of digital payments was USD 28.18 million in the fiscal year 2018-2019 and reached USD 52.95 million in the fiscal year 2020-2021. Thus, the rising number of digital payment transactions is fostering market growth. In addition, the integration of Data Analytics & AI in the retail banking industry, rising investments in personalized customer services and experiences is creating a lucrative opportunity for market growth. However, the high cost of retail banking and rising cyber security concerns stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Retail Banking Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of key market players and the region's increasing adoption of digital banking services. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as target populations such as individuals and firms, an increase in the number of collaborations for technological development, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.

Major market player included in this report are:

BNP Paribas
Citigroup, Inc.
HSBC Group
JP Morgan Chase & Co.
Bank of America Corporation
Barclays
China Construction Bank
Deutsche Bank AG
Mitsubishi UFJ Financial Group, Inc.
Wells Fargo Bank

Recent Developments in the Market:

In April 2023, A U.S. bank called Regions Bank teamed up with Temenos to modernize and update its core banking services. Through this partnership, Regions Bank hopes to improve customer experiences and offer individualized banking products and services. The relationship would be essential in aiding people and businesses to achieve their financial goals.

Global Retail Banking 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: Type, Service, 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 Type offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Public Sector Banks
Private Sector Banks
Foreign Banks
Community Development Banks
Non-banking Financial Companies (NBFC)

By Services:

Saving and Checking Account
Transactional Account
Personal Loan
Home Loan
Mortgages
Debit and Credit Cards
ATM Cards
Certificates of Deposits

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. Retail Banking Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Retail Banking Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Retail Banking Market, by Service, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Retail Banking 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 Retail Banking Market Dynamics

3.1. Retail Banking Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising number of digital transactions
  - 3.1.1.2. Rising FinTech industry
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Retail Banking
  - 3.1.2.2. Rising cyber security concerns
- 3.1.3. Market Opportunities
  - 3.1.3.1. Integration of Data Analytics and AI in retail banking industry
  - 3.1.3.2. Rising investments in personalized customer services and experiences

Chapter 4. Global Retail Banking 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. Economical
- 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 Retail Banking Market, by Type

5.1. Market Snapshot
5.2. Global Retail Banking Market by Type, Performance - Potential Analysis
5.3. Global Retail Banking Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Retail Banking Market, Sub Segment Analysis
- 5.4.1. Public Sector Banks
- 5.4.2. Private Sector Banks
- 5.4.3. Foreign Banks
- 5.4.4. Community Development Banks
- 5.4.5. Non-banking Financial Companies (NBFC)

Chapter 6. Global Retail Banking Market, by Service

6.1. Market Snapshot
6.2. Global Retail Banking Market by Service, Performance - Potential Analysis
6.3. Global Retail Banking Market Estimates & Forecasts by Service 2020-2030 (USD Billion)
6.4. Retail Banking Market, Sub Segment Analysis
- 6.4.1. Saving and Checking Account
- 6.4.2. Transactional Account
- 6.4.3. Personal Loan
- 6.4.4. Home Loan
- 6.4.5. Mortgages
- 6.4.6. Debit and Credit Cards
- 6.4.7. ATM Card
- 6.4.8. Certificates of Deposits

Chapter 7. Global Retail Banking Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Retail Banking Market, Regional Market Snapshot
7.4. North America Retail Banking Market
- 7.4.1. U.S. Retail Banking Market
  - 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Service breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Retail Banking Market
7.5. Europe Retail Banking Market Snapshot
- 7.5.1. U.K. Retail Banking Market
- 7.5.2. Germany Retail Banking Market
- 7.5.3. France Retail Banking Market
- 7.5.4. Spain Retail Banking Market
- 7.5.5. Italy Retail Banking Market
- 7.5.6. Rest of Europe Retail Banking Market
7.6. Asia-Pacific Retail Banking Market Snapshot
- 7.6.1. China Retail Banking Market
- 7.6.2. India Retail Banking Market
- 7.6.3. Japan Retail Banking Market
- 7.6.4. Australia Retail Banking Market
- 7.6.5. South Korea Retail Banking Market
- 7.6.6. Rest of Asia Pacific Retail Banking Market
7.7. Latin America Retail Banking Market Snapshot
- 7.7.1. Brazil Retail Banking Market
- 7.7.2. Mexico Retail Banking Market
7.8. Middle East & Africa Retail Banking Market
- 7.8.1. Saudi Arabia Retail Banking Market
- 7.8.2. South Africa Retail Banking Market
- 7.8.3. Rest of Middle East & Africa Retail Banking Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. BNP Paribas
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Citigroup, Inc.
- 8.3.3. HSBC Group
- 8.3.4. JP Morgan Chase & Co.
- 8.3.5. Bank of America Corporation
- 8.3.6. Barclays
- 8.3.7. China Construction Bank
- 8.3.8. Deutsche Bank AG
- 8.3.9. Mitsubishi UFJ Financial Group, Inc.
- 8.3.10. Wells Fargo Bank

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

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

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

LIST OF FIGURES

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