Asia Pacific Mobile Banking Market Size, Share & Trends Analysis Report By Platform (Android, iOS, and Others), By Transaction (Consumer-to-business, and Consumer-to-consumer), By Country and Growth Forecast, 2024

List of Tables

The Asia Pacific Mobile Banking Market would witness market growth of 17.3% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Mobile Banking Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $439.6 Million by 2031. The Japan market is registering a CAGR of 16.6% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 18% during (2024 - 2031).

Higher internet penetration means more individuals have access to the internet, allowing them to use mobile banking services from anywhere with internet connectivity. This increased accessibility expands the potential user base for banking apps, reaching individuals in both urban and rural areas.

Adoption trends in the market reflect consumers' changing behaviors and preferences as they increasingly embrace digital banking channels. Several factors influence the adoption of this banking, including technological advancements, regulatory initiatives, consumer demographics, and societal trends.

China has rapidly transitioned from cash-based transactions to mobile payments, with platforms like Alipay and China UnionPay leading the way. According to the State Council of the People's Republic of China, approximately 22 million customers in more than 200 foreign nations and regions used China UnionPay's online payment services in 2022. In the same year, approximately 50 billion yuan of transactions were made using consumption vouchers that over 41 million Chinese citizens got through the China UnionPay payment app. The widespread adoption of mobile payments has made smartphones the primary tool for conducting financial transactions, increasing reliance on banking apps for managing funds, transferring money, and accessing financial services. In conclusion, the rising digital payments in the region are propelling the market's growth.

Based on Platform, the market is segmented into Android, iOS, and Others. Based on Transaction, the market is segmented into Consumer-to-business, and Consumer-to-consumer. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

Mitsubishi UFJ Financial Group, Inc. (Mitsubishi group)
JPMorgan Chase & Co.
Wells Fargo & Company
BNP Paribas S.A.
American Express Company
HSBC Holdings plc
UBS AG (UBS Group AG)
CAPITAL ONE FINANCIAL CORPORATION
The Bank of America Corporation
Citigroup Inc.

Asia Pacific Mobile Banking Market Report Segmentation

By Platform

Android
iOS
Others

By Transaction

Consumer-to-business
Consumer-to-consumer

By Country

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific Mobile Banking Market, by Platform
- 1.4.2Asia Pacific Mobile Banking Market, by Transaction
- 1.4.3Asia Pacific Mobile Banking Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

4.1KBV Cardinal Matrix
4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Acquisition and Mergers
4.3Top Winning Strategies
- 4.3.1Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2Key Strategic Move: (Mergers & Acquisition: 2021, Jun - 2024, Feb) Leading Players
4.4Porter Five Forces Analysis

Chapter 5.Asia Pacific Mobile Banking Market by Platform

5.1Asia Pacific Android Market by Country
5.2Asia Pacific iOS Market by Country
5.3Asia Pacific Others Market by Country

Chapter 6.Asia Pacific Mobile Banking Market by Transaction

6.1Asia Pacific Consumer-to-business Market by Country
6.2Asia Pacific Consumer-to-consumer Market by Country

Chapter 7.Asia Pacific Mobile Banking Market by Country

7.1China Mobile Banking Market
- 7.1.1China Mobile Banking Market by Platform
- 7.1.2China Mobile Banking Market by Transaction
7.2Japan Mobile Banking Market
- 7.2.1Japan Mobile Banking Market by Platform
- 7.2.2Japan Mobile Banking Market by Transaction
7.3India Mobile Banking Market
- 7.3.1India Mobile Banking Market by Platform
- 7.3.2India Mobile Banking Market by Transaction
7.4South Korea Mobile Banking Market
- 7.4.1South Korea Mobile Banking Market by Platform
- 7.4.2South Korea Mobile Banking Market by Transaction
7.5Singapore Mobile Banking Market
- 7.5.1Singapore Mobile Banking Market by Platform
- 7.5.2Singapore Mobile Banking Market by Transaction
7.6Malaysia Mobile Banking Market
- 7.6.1Malaysia Mobile Banking Market by Platform
- 7.6.2Malaysia Mobile Banking Market by Transaction
7.7Rest of Asia Pacific Mobile Banking Market
- 7.7.1Rest of Asia Pacific Mobile Banking Market by Platform
- 7.7.2Rest of Asia Pacific Mobile Banking Market by Transaction

Chapter 8.Company Profiles

8.1Mitsubishi UFJ Financial Group, Inc. (Mitsubishi group)
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Recent strategies and developments:
  - 8.1.3.1Partnerships, Collaborations, and Agreements:
8.2BNP Paribas S.A.
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Regional Analysis
- 8.2.4Recent strategies and developments:
  - 8.2.4.1Partnerships, Collaborations, and Agreements:
  - 8.2.4.2Acquisition and Mergers:
8.3UBS AG (UBS Group AG)
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Recent strategies and developments:
  - 8.3.4.1Partnerships, Collaborations, and Agreements:
8.4Capital One Financial Corporation
- 8.4.1Company Overview
- 8.4.2Financial Analysis
8.5Citigroup Inc.
- 8.5.1Company Overview
- 8.5.2Financial Analysis
8.6JPMorgan Chase & Co.
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Recent strategies and developments:
  - 8.6.4.1Partnerships, Collaborations, and Agreements:
  - 8.6.4.2Acquisition and Mergers:
- 8.6.5SWOT Analysis
8.7HSBC Holdings plc
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Recent strategies and developments:
  - 8.7.3.1Product Launches and Product Expansions:
  - 8.7.3.2Acquisition and Mergers:
8.8The Bank of America Corporation
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
8.9Wells Fargo & Company
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Recent strategies and developments:
  - 8.9.3.1Partnerships, Collaborations, and Agreements:
  - 8.9.3.2Product Launches and Product Expansions:
- 8.9.4SWOT Analysis
8.10.American Express Company
- 8.10.1Company Overview
- 8.10.2Financial Analysis
- 8.10.3Regional Analysis

LIST OF TABLES

TABLE 1Asia Pacific Mobile Banking Market, 2020 - 2023, USD Million
TABLE 2Asia Pacific Mobile Banking Market, 2024 - 2031, USD Million
TABLE 3Partnerships, Collaborations and Agreements- Mobile Banking Market
TABLE 4Product Launches And Product Expansions- Mobile Banking Market
TABLE 5Acquisition and Mergers- Mobile Banking Market
TABLE 6Asia Pacific Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 7Asia Pacific Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 8Asia Pacific Android Market by Country, 2020 - 2023, USD Million
TABLE 9Asia Pacific Android Market by Country, 2024 - 2031, USD Million
TABLE 10Asia Pacific iOS Market by Country, 2020 - 2023, USD Million
TABLE 11Asia Pacific iOS Market by Country, 2024 - 2031, USD Million
TABLE 12Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 13Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 14Asia Pacific Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 15Asia Pacific Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 16Asia Pacific Consumer-to-business Market by Country, 2020 - 2023, USD Million
TABLE 17Asia Pacific Consumer-to-business Market by Country, 2024 - 2031, USD Million
TABLE 18Asia Pacific Consumer-to-consumer Market by Country, 2020 - 2023, USD Million
TABLE 19Asia Pacific Consumer-to-consumer Market by Country, 2024 - 2031, USD Million
TABLE 20Asia Pacific Mobile Banking Market by Country, 2020 - 2023, USD Million
TABLE 21Asia Pacific Mobile Banking Market by Country, 2024 - 2031, USD Million
TABLE 22China Mobile Banking Market, 2020 - 2023, USD Million
TABLE 23China Mobile Banking Market, 2024 - 2031, USD Million
TABLE 24China Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 25China Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 26China Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 27China Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 28Japan Mobile Banking Market, 2020 - 2023, USD Million
TABLE 29Japan Mobile Banking Market, 2024 - 2031, USD Million
TABLE 30Japan Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 31Japan Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 32Japan Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 33Japan Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 34India Mobile Banking Market, 2020 - 2023, USD Million
TABLE 35India Mobile Banking Market, 2024 - 2031, USD Million
TABLE 36India Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 37India Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 38India Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 39India Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 40South Korea Mobile Banking Market, 2020 - 2023, USD Million
TABLE 41South Korea Mobile Banking Market, 2024 - 2031, USD Million
TABLE 42South Korea Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 43South Korea Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 44South Korea Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 45South Korea Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 46Singapore Mobile Banking Market, 2020 - 2023, USD Million
TABLE 47Singapore Mobile Banking Market, 2024 - 2031, USD Million
TABLE 48Singapore Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 49Singapore Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 50Singapore Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 51Singapore Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 52Malaysia Mobile Banking Market, 2020 - 2023, USD Million
TABLE 53Malaysia Mobile Banking Market, 2024 - 2031, USD Million
TABLE 54Malaysia Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 55Malaysia Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 56Malaysia Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 57Malaysia Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 58Rest of Asia Pacific Mobile Banking Market, 2020 - 2023, USD Million
TABLE 59Rest of Asia Pacific Mobile Banking Market, 2024 - 2031, USD Million
TABLE 60Rest of Asia Pacific Mobile Banking Market by Platform, 2020 - 2023, USD Million
TABLE 61Rest of Asia Pacific Mobile Banking Market by Platform, 2024 - 2031, USD Million
TABLE 62Rest of Asia Pacific Mobile Banking Market by Transaction, 2020 - 2023, USD Million
TABLE 63Rest of Asia Pacific Mobile Banking Market by Transaction, 2024 - 2031, USD Million
TABLE 64Key Information - Mitsubishi UFJ Financial Group, Inc.
TABLE 65Key Information - BNP Paribas S.A.
TABLE 66Key Information - UBS AG
TABLE 67Key Information - Capital One Financial Corporation
TABLE 68Key Information - Citigroup Inc.
TABLE 69key information - JPMorgan Chase & Co.
TABLE 70Key Information - HSBC Holdings plc
TABLE 71Key Information - The Bank of America Corporation
TABLE 72Key Information - Wells Fargo & Company
TABLE 73Key Information - American Express Company

Asia Pacific Mobile Banking Market Size, Share & Trends Analysis Report By Platform (Android, iOS, and Others), By Transaction (Consumer-to-business, and Consumer-to-consumer), By Country and Growth Forecast, 2024 - 2031

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