Indian Digital Banking Market Booming Worldwide with Latest Trend and Future Scope by 2029

The Indian digital banking market is estimated to grow at a significant growth rate of around 11.5% over the forecast period to hit over $1.4 billion in 2025 from nearly $680 million in 2018. India is one of the major contributors to the digital banking market owing to technological advancement and the growing use of AI-based banking solutions across multiple business sectors. Moreover, the growing use of smartphones for online purchases and the availability of banking services through apps to save consumers time is likely to drive the growth of the digital banking market in the country. According to the Internet Society, in 2016, the total number of internet users was estimated at 451 million and is expected to reach 604 million by 2020. Increasing internet penetration is significantly contributing to increasing digitalization and growing cohesive government policies such as “Digital India” in the country, hence contributes to the market growth.

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Indian Digital Banking Market research report also helps key participants to know whether developing a novel product or service is appealing or not. It also guides by telling the exact position of the firm in the market. It allows testing business ideas and provides tips to make right investment. There are several novel businesses in the market come across various kinds of consumers and this detailed report provides them an ability of understanding how target consumers think and adapt to their requirements. Important market growth related aspects are also discussed in this Indian Digital Banking Market report.

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  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Indian Digital Banking Market by Type 

  • Corporate Banking
  • Investment Banking
  • Retail Banking

Indian Digital Banking Market by Solution

  • Processing Services
  • Payment
  • Customer and Channel Management
  • Risk Management

Company Profiles

  • ACI Worldwide, Inc.,
  • Appway AG
  • Atos SE
  • Backbase BV
  • Capital Banking Solutions
  • CERALOGIX AB
  • EdgeVerve Systems Ltd.
  • Etronika UAB
  • Fidor Solutions AG
  • Finastra
  • Fiserv, Inc.
  • Intellect Design Arena Ltd.
  • Microsoft Corp.
  • NCR Corp.
  • Oracle Corp.
  • SAB Group
  • SAP SE
  • Sopra Steria Group
  • Tata Consultancy Services Ltd.
  • Temenos SA

The Report covers:

  • Comprehensive research methodology of the Indian Digital Banking market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the Indian Digital Banking market.
  • Insights about market determinants which are stimulating the Indian Digital Banking market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

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