Core Banking Software Global Market Report 2025

Global Core Banking Software Market Report 2024

Core Banking Software Global Market Report 2025 – By Service (Professional Service, Managed Service), By Solution (Deposits, Loans, Enterprise Customer Solutions, Other Solutions), By Software Deployment (Cloud, On-Premise), By End-Use (Banks, Financial Institutions, Other End Users) – Market Size, Trends, And Global Forecast 2025-2034

Name: Core Banking Software Global Market Report 2025
Creator: The Business Research Company
License: https://www.thebusinessresearchcompany.com/privacy-policy

Core Banking Software Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

Purchase Options

Request a Sample

Request For Discount

Customise Your Report

Item added to cart!

Request For Proposal

Request For Regional Data

FAQs

Need assistance or more information before the purchase?

Enquire Before Buying

Core Banking Software Global Market Report 2025

Proud Members Of

Core Banking Software Market Definition

Core banking software is software that contains day-to-day banking features and is used to support the most common transactions in the banking industry.

The two main types of services in core banking software are professional services and managed services. Professional services are on-demand services related to banking, such as real estate lending, loans, and business checking, that are used to provide professional services to customers. The different solutions include deposits, loans, enterprise customer solutions, and other solutions deployed through the cloud and on-premises that are used by several end-users, such as banks, financial institutions, and other end users.

Core Banking Software Market Segmentation

The core banking software market covered in this report is segmented –

1) By Service: Professional Service, Managed Service

2) By Solution: Deposits, Loans, Enterprise Customer Solutions, Other Solutions

3) By Software Deployment: Cloud, On-Premise

4) By End-Use: Banks, Financial Institutions, Other End Users

Subsegments:

1) By Professional Service: Consulting Services, Implementation Services, Training And Support Services, Customization Services

2) By Managed Service: Application Hosting, Infrastructure Management, Security Management, Data Backup And Recovery

Core Banking Software Market Size and growth rate 2025 to 2029: Graph

Core Banking Software Market Size 2025 And Growth Rate

The core banking software market size has grown strongly in recent years. It will grow from $13.32 billion in 2024 to $14.43 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to operational efficiency, customer experience, globalization, digital transformation, open banking initiatives, economic trends, legacy system replacement.

Core Banking Software Market Growth Forecast

The core banking software market size is expected to see rapid growth in the next few years. It will grow to $22.94 billion in 2029 at a compound annual growth rate (CAGR) of 12.3%. The growth in the forecast period can be attributed to real-time payments, scalability, cost pressures, data security and privacy, real-time reporting, sustainable banking. Major trends in the forecast period include cloud adoption, data analytics and AI, cybersecurity, customer experience enhancement, blockchain integration, API economy, microservices architecture.

Book your 30 minutes free consultation with our research experts

Core Banking Software Market Driver: Rising Demand For Digital Banking Solutions

The increasing demand for digital banking solutions from Gen Z and the millennial population is expected to propel the growth of the core banking software market forward. The people born between 1981 and 1996 are called millennial, while those born between 1997 and 2012 are the Gen Z population. Millennial and Gen Z populations prefer to use digital banking rather than physically visiting the banks, as a result, increasing demand for digital banking increases the demand for the core banking software market. For instance, in 2022, according to a survey conducted by GoCardless, an American payment company, more than half of millennial (56%) and Gen Z (54%) agreed that they would be willing to fully switch from traditional banking to peer-to-peer and social media apps to make payments, as compared to 31% of Gen X and 14% of the boomers. Therefore, the increasing demand for digital banking experience from Gen Z and millennial is driving the core banking software market.

Core Banking Software Market Driver: Growing Customer Demand For Mobile And Net Banking

The growing customer demand for mobile and net banking is expected to propel the growth of the core banking software market going forward. Mobile banking is a financial service that allows clients to use their mobile devices, such as smartphones or tablets, to access and manage their banking accounts and complete various financial activities. Net banking refers to a banking service that allows clients to access numerous banking services and conduct financial transactions online. The core banking software is used for connecting net banking services with regular operating channels of the bank to ensure smoother operations across channels. The core banking software is used to offer faster mobile banking services to consumers. For instance, in October 2023, according to MoneyTransfers.com, a US-based company designed for transferring and receiving money around the world, the global number of online banking including mobile and internet banking users will reach to 3.6 billion by 2024. This growth reflects the improved infrastructure of online banking and the increasing availability of online services in developing countries. Therefore, the growing customer demand for mobile and net banking is driving the core banking software market during forecast period.

Global Core Banking Software Market Major Players

Major companies operating in the core banking software market are SAP SE, Capgemini SE, Infosys Limited, Oracle Corporation, Alkami Technology Inc., Avaloq Group AG, Computer Business Solutions Inc., eClerx Services Ltd., Fidelity National Information Services Inc., Finastra International Ltd., FinnOne Neo Customer Acquisition System, Fiserv Inc., HCL Technologies Ltd., Infrasoft Technologies Ltd., Intellect Design Arena Ltd., Jack Henry & Associates Inc., Mambu GmbH, NCR Corporation, Neptune Software Ltd., Newgen Software Technologies Ltd., Path Solutions India Pvt. Ltd., Virtusa Corporation, Profile Systems and Software S.A., Silverlake Axis Ltd., Sopra Banking Software Ltd., T24 Ltd., Tata Consultancy Services, Temenos AG, Virmati Software & Telecommunications Ltd.

Global Core Banking Software Market Trend: Focus On Launch Of New Technologies

Technological advancements are a key trend gaining popularity in the core banking software market. Major companies in the core banking software market are launching new technologies, such as core banking chatbots based on artificial intelligence technology. For instance, in January 2022, Temenos, a Switzerland-based banking software company, introduced the first AI-driven buy-now-pay-later banking service on the Temenos banking cloud. It's rationalist of the core banking system, being deployed by Temenos Transact or any other core banking solution and integrates industry best practices while offering dependable loaning abilities to assist suppliers with adjusting to evolving regulations.

Global Core Banking Software Market Trend: Integration Of New Technologies Like Cloud-Native Platforms And Digital Transformation Tools

Major companies in the core banking software market focus on integrating new innovative technologies, such as core banking technology, to gain a competitive edge in the market. Core banking technology, also known as core banking systems (CBS), is the backbone of modern banking operations. It is a suite of software applications that manages the day-to-day transactions and activities of a bank, such as account opening, deposits, withdrawals, loans, payments, and customer relationship management (CRM). For instance, in February 2023, Arvest Bank, a US-based financial services company, launched a new lending service using Thought Machine's cloud-native core banking technology. The product takes advantage of the Vault Core banking platform and eliminates inefficiencies in the more than $1 trillion equipment finance market in the country. With this application, Arvest can quickly distinguish its entire banking experience and produce financial products.

Core Banking Software Market Merger And Acquisition: M2P Fintech Acquired BSG ITSOFT To Strengthen Next-Generation Banking Solutions And Payment Stacks

In February 2022, M2P Fintech, an India-based application programming interface infrastructure company, acquired BSG ITSOFT for an undisclosed amount. The acquisition would further strengthen the vision of M2P Fintech to provide next-generation banking solutions and payment stacks to their customers. BSG ITSOFT is an India-based provider of core banking solutions, providing services to over 250 co-operative banks and small finance banks.

Regional Outlook For The Global Core Banking Software Market

North America was the largest region in the core banking software market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the core banking software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the core banking software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Core Banking Software Market?

The core banking software market includes revenues earned by entities through customer account management services, customer relationship management services, account opening services, and other services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Core Banking Software Industry?

The core banking software market research report is one of a series of new reports from The Business Research Company that provides core banking software market statistics, including core banking software industry global market size, regional shares, competitors with a core banking software market share, detailed core banking software market segments, market trends and opportunities, and any further data you may need to thrive in the core banking software industry. This core banking software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Core Banking Software Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$14.43 billion
Revenue Forecast In 2034	$22.94 billion
Growth Rate	CAGR of 12.3% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Service: Professional Service, Managed Service 2) By Solution: Deposits, Loans, Enterprise Customer Solutions, Other Solutions 3) By Software Deployment: Cloud, On-Premise 4) By End-Use: Banks, Financial Institutions, Other End Users Subsegments: 1) By Professional Service: Consulting Services, Implementation Services, Training And Support Services, Customization Services 2) By Managed Service: Application Hosting, Infrastructure Management, Security Management, Data Backup And Recovery
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	SAP SE, Capgemini SE, Infosys Limited, Oracle Corporation, Alkami Technology Inc., Avaloq Group AG, Computer Business Solutions Inc., eClerx Services Ltd., Fidelity National Information Services Inc., Finastra International Ltd., FinnOne Neo Customer Acquisition System, Fiserv Inc., HCL Technologies Ltd., Infrasoft Technologies Ltd., Intellect Design Arena Ltd., Jack Henry & Associates Inc., Mambu GmbH, NCR Corporation, Neptune Software Ltd., Newgen Software Technologies Ltd., Path Solutions India Pvt. Ltd., Virtusa Corporation, Profile Systems and Software S.A., Silverlake Axis Ltd., Sopra Banking Software Ltd., T24 Ltd., Tata Consultancy Services, Temenos AG, Virmati Software & Telecommunications Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Core Banking Software Market Characteristics

3. Core Banking Software Market Trends And Strategies

4. Core Banking Software Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Core Banking Software Growth Analysis And Strategic Analysis Framework

5.1. Global Core Banking Software PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Core Banking Software Market Growth Rate Analysis

5.4. Global Core Banking Software Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Core Banking Software Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Core Banking Software Total Addressable Market (TAM)

6. Core Banking Software Market Segmentation

6.1. Global Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Professional Service

Managed Service

6.2. Global Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Deposits

Loans

Enterprise Customer Solutions

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Core Banking Software Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Core Banking Software Market, Sub-Segmentation Of Professional Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Core Banking Software Market, Sub-Segmentation Of Managed Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Core Banking Software Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Core Banking Software Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Asia-Pacific, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: China, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: India, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: Japan, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Australia, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Indonesia, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: South Korea, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: Western Europe, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: UK, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: Germany, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: France, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: Italy, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Spain, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Eastern Europe, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Russia, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: North America, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: USA, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: Canada, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: South America, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: Brazil, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Middle East, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Africa, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: SAP SE Financial Performance

Table 78: Capgemini SE Financial Performance

Table 79: Infosys Limited Financial Performance

Table 80: Oracle Corporation Financial Performance

Table 81: Alkami Technology Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Core Banking Software Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Core Banking Software Market, Sub-Segmentation Of Professional Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Core Banking Software Market, Sub-Segmentation Of Managed Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Core Banking Software Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Core Banking Software Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Asia-Pacific, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: China, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: India, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: Japan, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Australia, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Indonesia, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: South Korea, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: Western Europe, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: UK, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: Germany, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: France, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: Italy, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Spain, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Eastern Europe, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Russia, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: North America, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: USA, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: Canada, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: South America, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: Brazil, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Middle East, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Africa, Core Banking Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Core Banking Software Market, Segmentation By Solution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Core Banking Software Market, Segmentation By Software Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: SAP SE Financial Performance

Figure 78: Capgemini SE Financial Performance

Figure 79: Infosys Limited Financial Performance

Figure 80: Oracle Corporation Financial Performance

Figure 81: Alkami Technology Inc. Financial Performance

Opportunities And Strategies Analysis For The Automotive V2X Market – Includes Automotive V2X Market Share

Global Product Lifecycle Management Market Opportunities And Strategies – Forecast To 2030 – Includes Product Lifecycle Management Market Size

Global Session Initiation Protocol SIP Trunking Services Market Opportunities And Strategies – Forecast To 2030 – Includes Session Initiation Protocol (SIP) Trunking Services Market Overview

Insights On The Artificial Intelligence In Healthcare Market Size And Growth Rate – Includes Artificial Intelligence In Healthcare Market Size

The Business Research Company offers the open source intelligence market research report 2022 with industry size, share, segments and market growth

The Business Research Company offers the projection mapping market research report 2022 with industry size, share, segments and market growth

The Business Research Company offers the soc as a service market research report 2022 with industry size, share, segments and market growth

The Business Research Company offers the employment screening services market research report 2022 with industry size, share, segments and market growth

Investment Banking Global Market Report 2025 – By Type (Mergers And Acquisitions Advisory, Financial Sponsor/Syndicated Loans, Equity Capital Markets Underwriting, Debt Capital Markets Underwriting), By Enterprise Size (Large Enterprises, Medium and Small Enterprises), By End-Use Industry (Financial Services, Retail And Wholesale, Information Technology, Manufacturing, Healthcare, Construction, Other End-Use Industries) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Banking, Financial Services and Insurance (BFSI) Security Global Market Report 2025 – By Type (Physical Security, Virtual Security), By Information Security Offering (Solution, Service), By End User (Banks, Insurance Companies, Other End Users) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Stem Cell/Cord Blood Banking Global Market Report 2025 – By Cell Type (Adult Stem Cells, Umbilical Cord Blood Stem Cells, Embryonic Stem Cells), By Service (Collection, Processing, Analysis, Storage), By Bank Type (Public, Private), By Application (Leukemia, Anemia, Thalassemia, Autism, Cerebral Palsy, Diabetes, Other Applications) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Open Banking Global Market Report 2025 – By Service Type (Transactional Services, Communicative, Informative Services), By Distribution Channel (Bank Channels, App Market, Distributors, Aggregators), By Financial Services (Bank And Capital Markets, Payments, Digital Currencies, Value Added Services), By Deployment (Cloud, On-Premises, Hybrid) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Neobanking Global Market Report 2025 – By Account Type (Business Account, Savings Account), By Service (Mobile Banking, Payments And Money Transfer, Checking/Savings Account, Loans, Other Services), By Application (Enterprises, Personal, Other Application) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Digital Banking Platform Global Market Report 2025 – By Type (Corporate Banking, Retail Banking), By Component (Platforms, Services), By Banking Mode (Online Banking, Mobile Banking), By Deployment (Cloud, On-Premise) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Blockchain In Banking And Financial Services Global Market Report 2025 – By Type (Public Blockchain, Private Blockchain, Others), By Application (Fund Transaction Management, Real Time Loan Funding, Liquidity Management, Others) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Employment Services Global Market Report 2025 – By Type (Employment Placement Agencies, Executive Search Services, Temporary Help Services, Professional Employer Organizations), By Vertical (Banking and Financial, Engineering, Medical, Information and Technology, Professional Services, Other Verticals), By Mode (Online, Offline) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Frequently Asked Questions

What is the definition of the core banking software market?

Core banking software is software that contains day-to-day banking features and is used to support the most common transactions in the banking industry. For further insights on the core banking software market, request a sample here

How will the core banking software market drivers and restraints affect the core banking software market dynamics? What forces will shape the core banking software industry going forward?

The core banking software market major growth driver - Core banking software is software that contains day-to-day banking features and is used to support the most common transactions in the banking industry.. For further insights on the core banking software market, request a sample here

What is the forecast market size or the forecast market value of the core banking software market?

The core banking software market size has grown strongly in recent years. It will grow from $13.32 billion in 2024 to $14.43 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to operational efficiency, customer experience, globalization, digital transformation, open banking initiatives, economic trends, legacy system replacement. The core banking software market size is expected to see rapid growth in the next few years. It will grow to $22.94 billion in 2029 at a compound annual growth rate (CAGR) of 12.3%. The growth in the forecast period can be attributed to real-time payments, scalability, cost pressures, data security and privacy, real-time reporting, sustainable banking. Major trends in the forecast period include cloud adoption, data analytics and AI, cybersecurity, customer experience enhancement, blockchain integration, API economy, microservices architecture. For further insights on the core banking software market, request a sample here

How is the core banking software market segmented?

The core banking software market is segmented
1) By Service: Professional Service, Managed Service
2) By Solution: Deposits, Loans, Enterprise Customer Solutions, Other Solutions
3) By Software Deployment: Cloud, On-Premise
4) By End-Use: Banks, Financial Institutions, Other End Users Subsegments:
1) By Professional Service: Consulting Services, Implementation Services, Training And Support Services, Customization Services
2) By Managed Service: Application Hosting, Infrastructure Management, Security Management, Data Backup And RecoveryFor further insights on the core banking software market, request a sample here

Which region has the largest share of the core banking software market? What are the other regions covered in the report?

North America was the largest region in the core banking software market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the core banking software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the core banking software market, request a sample here.

Who are the major players in the core banking software market?

What are the key trends in the core banking software market?

Major trend in the core banking software market - Focus On Launch Of New Technologies. For further insights on the core banking software market, request a sample here.

What are the major opportunities in the core banking software market? What are the strategies for the core banking software market?

For detailed insights on the major opportunities and strategies in the core banking software market, request a sample here.

How does the core banking software market relate to the overall economy and other similar markets?

For detailed insights on core banking software market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the core banking software industry?

For detailed insights on the mergers and acquisitions in the core banking software industry, request a sample here.

What are the key dynamics influencing the core banking software market growth? SWOT analysis of the core banking software market.

For detailed insights on the key dynamics influencing the core banking software market growth and SWOT analysis of the core banking software industry, request a sample here.