European Digital Banking Market Size, Industry Trends, Share and Forecast 2019-2025

The European digital banking market is estimated to grow at a significant growth rate of 8.2% over the forecast period to hit over $10.0 billion in 2025 from nearly $6.0 billion in 2018. European countries are considered to be significant markets for digital banking as these countries provide a positive environment for various digital banking platforms. Moreover, major economies of Europe such as Germany, France, Spain, and others are moving rapidly towards digital payments which as a result are driving the growth of digital banking market in the region. 

In addition, according to a study (2019) revealed by Mastercard, who has been the partner of choice for over 60 digitized banks across Europe, states that 84% of these 60 banks pursue digital banking regularly, 63% use mobile banking apps from traditional banks, one in five from digital-only banks and almost two-thirds expect the demand for digital banking solutions to even increase in the near future as they make transactions simple and convenient. This will propel the banking industry for implementing multi-factor authentication, secure applications, and other forms of security such as biometrics in its various solutions.

To Request a Sample of our Report on European Digital Banking Market: https://www.omrglobal.com/request-sample/european-digital-banking-market

The European digital banking market is segmented on the basis of type and solution. Based on type, the market is classified into corporate banking, investment banking, and retail banking. Retail banking held the largest share in 2018 and is expected to maintain its dominance during the forecast period. Retail banking involves a wide range of services, including saving accounts, personal loans, mortgages, certificates of deposit (CDs) and investment and fund management. Rising demand for internet banking among individuals to manage their accounts and conduct financial transactions is primarily contributing to the growth of the segment. Based on solution, the market is classified into processing services, payment solutions, customer and channel management, and risk management.

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A full Report of European Digital Banking Market is Available at: https://www.omrglobal.com/industry-reports/european-digital-banking-market

European Digital Banking Market Segmentation

By Type 

·         Corporate Banking

·         Investment Banking

·         Retail Banking

By Solution

·         Processing Services

·         Payment

·         Customer and Channel Management

·         Risk Management

Regional Analysis

·         UK

·         Germany

·         France

·         Italy

·         Spain

Rest of Europe

Company Profiles

·         ACI Worldwide, Inc.,

·         Appway AG

·         Atos SE

·         Backbase BV

·         Capital Banking Solutions

·         CERALOGIX AB

·         Computer Services, Inc.

·         Cor Financial Solutions Ltd.

·         EBANKIT-OMNICHANNEL INNOVATION, S.A.

·         Etronika UAB

·         Fidor Solutions AG

·         Finastra

·         Fiserv, Inc.

·         Halcom d.d.

·         Intellect Design Arena Ltd.

·         Microsoft Corp.

·         NCR Corp.

·         NETinfo PLC

·         NETinfo PLC

·         New Frontier Innova d.o.o Beograd

·         Oracle Corp.

·         SAB Group

·         SAP SE

·         Sopra Steria Group

·         Tata Consultancy Services Ltd.

·         Technisys SA

·         Temenos SA

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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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