Global Open Banking Market Report 2024

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

Open Banking Global Market Report 2025

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

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Open Banking Market Definition

Open banking is a banking practice in which third-party financial service providers can use application programming interfaces (APIs) to gain access to consumer banking, transactions, and other data from banks and NBFCs. These APIs deliver a secure way to share financial information between two parties and make IT easier for consumers to compare the details of current accounts and other banking services. Open banking unites banks, third parties, and technology providers, allowing them to exchange data easily and securely for the benefit of their consumers.

The main types of services in open banking are transactional services, communicative services, and information services. Trade finance and cash management services are provided by transaction banking to businesses, government agencies, and other financial organizations. The different financial services include bank and capital markets, payments, digital currencies, and value-added services and are deployed in various modes such as cloud, on-premises, and hybrid. The various distribution channels include bank channels, app markets, distributors, and Aggregators.

Open Banking Market Segmentation

The open banking market covered in this report is segmented –

1) By Service Type: Transactional Services, Communicative, Informative Services

2) By Distribution Channel: Bank Channels, App Market, Distributors, Aggregators

3) By Financial Services: Bank And Capital Markets, Payments, Digital Currencies, Value Added Services

4) By Deployment: Cloud, On-Premises, Hybrid

Subsegments:

1) By Transactional Services: Payment Initiation Services, Account Aggregation Services, Fund Transfer Services

2) By Communicative Services: Notifications And Alerts, Messaging Services Between Banks And Customers, Customer Support Services

3) By Informative Services: Financial Data Insights And Analytics, Credit Scoring And Reporting, Financial Health Reports

Open Banking Market Size and growth rate 2025 to 2029: Graph

Open Banking Market Size 2025 And Growth Rate

The open banking market size has grown exponentially in recent years. It will grow from $30.89 billion in 2024 to $38.86 billion in 2025 at a compound annual growth rate (CAGR) of 25.8%. The growth in the historic period can be attributed to increasing demand for fast and real-time fund transfer, rising use of digital banking services, strong economic growth in emerging markets, and government initiatives.

Open Banking Market Growth Forecast

The open banking market size is expected to see exponential growth in the next few years. It will grow to $94.14 billion in 2029 at a compound annual growth rate (CAGR) of 24.8%. The growth in the forecast period can be attributed to a surge in usage of online platforms, rising urbanization, an increase in younger generations, an increase in mergers and acquisitions, and increasing adoption of financial technology for payment. Major trends in the forecast period include a focus on the use of big data, a focus on banking as a service (baas) model, a focus on personalization, a focus on variable recurring payments, a focus on strategic partnerships and investments, and focus on new initiatives and programs.

Open Banking Market Driver: Rapid Growth In Digital Payments Drives Expansion Of The Open Banking Market

The surge in the use of online platforms for making payments is contributing to the growth of the open banking market. The digital payment system is rapidly expanding with developing payment methods, increased E-Commerce use, improved broadband access, and the advent of new technologies. Payment gateway APIs are used by online platforms such as Phone Pay, Paytm, and Google Pay to manage recurring billing, and these APIs are often used in open banking. For instance, in April 2023, according to the National Informatics Centre, an India-based government department, by the end of 2022, the Unified Payments Interface (UPI) recorded a total transaction value of INR 125.95 trillion ($1.497 trillion) reflecting 1.75 times increase compared to the previous year. Notably, this total transaction value represented approximately 86% of India's GDP for the fiscal year 2022. Therefore, the rise in the use of online platforms for making payments is expected to propel the growth of the open banking market going forward.

Open Banking Market Driver: Youthful Demographics Propel Open Banking Market Growth Globally

The increase in the younger population across the globe will contribute to the growth of the market. Nearly three in four millennials claim they are very confident using technology to manage money versus just over half of non-millennials. Millennials are accustomed to doing many of their daily tasks digitally and expect the same convenience, speed, and security for their finances. The younger generation is more willing to experiment with new tools than older generations. Overall, younger consumers are more likely to believe that technology is just a better option, and more likely to link their bank accounts to pay for recurring services, retail purchases, and digital wallets. Thus, the rise in the younger population will drive the growth of the open banking market. For instance, in May 2024, according to the Office for National Statistics, a UK-based executive office of the UK Statistics Authority, in 2022, the population aged 15 to 34 reached 16,493 thousand, significantly outnumbering the segment aged 20 to 34, which comprised 12,861 thousand individuals. Therefore, the increase in the younger population is driving the growth of the open banking market.

Global Open Banking Market Major Players

Major companies operating in the open banking market include Banco Santander S.A, BBVA SA, Credit Agricole, HSBC Bank plc., Citigroup, Capital One, NatWest Group plc., DBS Bank, Lloyds Banking Group, Barclays, Axis Bank, Bank Of Baroda, BNL, FamPay, Federal Bank, Finin, HDFC Bank, Airwallex, American Express, ANZ, China Construction Bank (CCB), ICBC Bank, WeBank, ChiantiBanca, Ant Financial, Allied Irish Bank, Bank of Ireland, Danske, Nationwide, RBS Group, ING, Caixa Geral De Depositos, La Banque Postale, Cofidis, Hello bank, Bunq, BNP Paribas, OTP Bank, Ikano Bank, Oneggo Bank, Tinkoff Bank, Wise, Raiffeisen Bank, Microsoft Corporation, IBM, Amazon Web Services, Hewlett Packard Enterprise, Intel, Oracle Corporation, Deposit Solutions, Finestra, Jack Henry & Associates, Inc, Nordigen Solutions, AlphaPoint, Axway, Spire Technologies, Tarabut Gateway

Global Open Banking Market Trend: Scotiabank Drives Open Banking Innovation With Scotia TranXact Digital Payments Platform

The launch of new, technologically advanced platforms and services is becoming a trend in the open banking market. Businesses are increasingly seeking more seamless access to banking and payment services. Thus, companies in the market are continuously investing in the ongoing digitization of cash and treasury management services to meet the increasingly digital needs of global business banking clients by launching new products. For instance, in August 2022, Scotiabank, a leading bank in the Americas launched Scotia TranXact, a digital payments platform that provides business banking clients with on-demand access to Scotiabank's payments and cash management Application Programming Interfaces (APIs). With Scotia TranXact business banking clients will have access to real-time payments, request-to-pay, and account information services via APIs.

Global Open Banking Market Trend: Celcoin Revolutionizes Open Banking With Payment Initiation API For Seamless Transactions

The increasing use of payment initiation API (Application Programming Interface) is a key trend gaining popularity in the open banking market. APIs serve an important role by acting as connecting links between databases and outside or third-party providers and apps. Companies in the market are focusing on launching payment initiation service APIs for the market’s growth. For instance, in September 2022, Celcoin, a Brazil-based financial and banking technology service provider launched a payment initiation API to provide improved flexibility so that any company can access IT without open banking technology knowledge and without going through the entire authorization process. The solution is designed to reduce operational costs by eliminating intermediaries and payments are made instantly from the customer's bank account.

Open Banking Market Merger And Acquisition: Visa Acquires Tink To Enhance Open Banking In Europe

In March 2022, Visa, a US-based provider of digital payments acquired Tink for an undisclosed amount. The acquisition seeks to revolutionize Europe's digital financial services by integrating Tink’s technology with Visa's infrastructure, enhancing access to financial data and tools. This deal will foster innovation and accelerate open banking adoption, empowering consumers and businesses to benefit from customized financial products. Tink is a Sweden-based open banking platform.

Regional Outlook For The Global Open Banking Market

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

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

What Defines the Open Banking Market?

The open banking market includes revenues earned by entities by account information service providers (AISPs) and payment initiation service providers (PISPs). 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 Open Banking Industry?

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

Open Banking Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $38.86 billion
Revenue Forecast In 2034 $94.14 billion
Growth Rate CAGR of 24.8% from 2024 to 2033
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 Type: Transactional Services, Communicative, Informative Services
2) By Distribution Channel: Bank Channels, App Market, Distributors, Aggregators
3) By Financial Services: Bank And Capital Markets, Payments, Digital Currencies, Value Added Services
4) By Deployment: Cloud, On-Premises, Hybrid Subsegments: 1) By Transactional Services: Payment Initiation Services, Account Aggregation Services, Fund Transfer Services
2) By Communicative Services: Notifications And Alerts, Messaging Services Between Banks And Customers, Customer Support Services
3) By Informative Services: Financial Data Insights And Analytics, Credit Scoring And Reporting, Financial Health Reports
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 Banco Santander S.A, BBVA SA, Credit Agricole, HSBC Bank plc., Citigroup, Capital One, NatWest Group plc., DBS Bank, Lloyds Banking Group, Barclays, Axis Bank, Bank Of Baroda, BNL, FamPay, Federal Bank, Finin, HDFC Bank, Airwallex, American Express, ANZ, China Construction Bank (CCB), ICBC Bank, WeBank, ChiantiBanca, Ant Financial, Allied Irish Bank, Bank of Ireland, Danske, Nationwide, RBS Group, ING, Caixa Geral De Depositos, La Banque Postale, Cofidis, Hello bank, Bunq, BNP Paribas, OTP Bank, Ikano Bank, Oneggo Bank, Tinkoff Bank, Wise, Raiffeisen Bank, Microsoft Corporation, IBM, Amazon Web Services, Hewlett Packard Enterprise, Intel, Oracle Corporation, Deposit Solutions, Finestra, Jack Henry & Associates, Inc, Nordigen Solutions, AlphaPoint, Axway, Spire Technologies, Tarabut Gateway
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    Table Of Contents

    1. Executive Summary

    2. Open Banking Market Characteristics

    3. Open Banking Market Trends And Strategies

    4. Open Banking Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid And Recovery on the Market

    5. Global Open Banking Growth Analysis And Strategic Analysis Framework

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

    5.2. Analysis Of End Use Industries

    5.3. Global Open Banking Market Growth Rate Analysis

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

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

    5.6. Global Open Banking Total Addressable Market (TAM)

    6. Open Banking Market Segmentation

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

    Transactional Services

    Communicative

    Informative Services

    6.2. Global Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Cloud

    On-Premises

    Hybrid

    6.3. Global Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Bank And Capital Markets

    Payments

    Digital Currencies

    Value Added Services

    6.4. Global Open Banking Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Bank Channels

    App Market

    Distributors

    Aggregators

    6.5. Global Open Banking Market, Sub-Segmentation Of Transactional Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Payment Initiation Services

    Account Aggregation Services

    Fund Transfer Services

    6.6. Global Open Banking Market, Sub-Segmentation Of Communicative Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Notifications And Alerts

    Messaging Services Between Banks And Customers

    Customer Support Services

    6.7. Global Open Banking Market, Sub-Segmentation Of Informative Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Financial Data Insights And Analytics

    Credit Scoring And Reporting

    Financial Health Reports

    7. Open Banking Market Regional And Country Analysis

    7.1. Global Open Banking Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Open Banking Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Open Banking Market

    8.1. Asia-Pacific Open Banking Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Open Banking Market

    9.1. China Open Banking Market Overview

    9.2. China Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Open Banking Market

    10.1. India Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Open Banking Market

    11.1. Japan Open Banking Market Overview

    11.2. Japan Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Open Banking Market

    12.1. Australia Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Open Banking Market

    13.1. Indonesia Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Open Banking Market

    14.1. South Korea Open Banking Market Overview

    14.2. South Korea Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Open Banking Market

    15.1. Western Europe Open Banking Market Overview

    15.2. Western Europe Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Open Banking Market

    16.1. UK Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Open Banking Market

    17.1. Germany Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Open Banking Market

    18.1. France Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Open Banking Market

    19.1. Italy Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Open Banking Market

    20.1. Spain Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Open Banking Market

    21.1. Eastern Europe Open Banking Market Overview

    21.2. Eastern Europe Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Open Banking Market

    22.1. Russia Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Open Banking Market

    23.1. North America Open Banking Market Overview

    23.2. North America Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Open Banking Market

    24.1. USA Open Banking Market Overview

    24.2. USA Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Open Banking Market

    25.1. Canada Open Banking Market Overview

    25.2. Canada Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Open Banking Market

    26.1. South America Open Banking Market Overview

    26.2. South America Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Open Banking Market

    27.1. Brazil Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Open Banking Market

    28.1. Middle East Open Banking Market Overview

    28.2. Middle East Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Open Banking Market

    29.1. Africa Open Banking Market Overview

    29.2. Africa Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Open Banking Market Competitive Landscape And Company Profiles

    30.1. Open Banking Market Competitive Landscape

    30.2. Open Banking Market Company Profiles

    30.2.1. Banco Santander S.A Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. BBVA SA Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Credit Agricole Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. HSBC Bank plc. Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. Citigroup Overview, Products and Services, Strategy and Financial Analysis

    31. Open Banking Market Other Major And Innovative Companies

    31.1. Capital One

    31.2. NatWest Group plc.

    31.3. DBS Bank

    31.4. Lloyds Banking Group

    31.5. Barclays

    31.6. Axis Bank

    31.7. Bank Of Baroda

    31.8. BNL

    31.9. FamPay

    31.10. Federal Bank

    31.11. Finin

    31.12. HDFC Bank

    31.13. Airwallex

    31.14. American Express

    31.15. ANZ

    32. Global Open Banking Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Open Banking Market

    34. Recent Developments In The Open Banking Market

    35. Open Banking Market High Potential Countries, Segments and Strategies

    35.1 Open Banking Market In 2029 - Countries Offering Most New Opportunities

    35.2 Open Banking Market In 2029 - Segments Offering Most New Opportunities

    35.3 Open Banking Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

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 Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Open Banking Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Open Banking Market, Sub-Segmentation Of Transactional Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Open Banking Market, Sub-Segmentation Of Communicative Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Open Banking Market, Sub-Segmentation Of Informative Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Open Banking Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Open Banking Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Banco Santander S.A Financial Performance
  • Table 79: BBVA SA Financial Performance
  • Table 80: Credit Agricole Financial Performance
  • Table 81: HSBC Bank plc. Financial Performance
  • Table 82: Citigroup 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 Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Open Banking Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Open Banking Market, Sub-Segmentation Of Transactional Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Open Banking Market, Sub-Segmentation Of Communicative Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Open Banking Market, Sub-Segmentation Of Informative Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Open Banking Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Open Banking Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Open Banking Market, Segmentation By Service Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Open Banking Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Open Banking Market, Segmentation By Financial Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Banco Santander S.A Financial Performance
  • Figure 79: BBVA SA Financial Performance
  • Figure 80: Credit Agricole Financial Performance
  • Figure 81: HSBC Bank plc. Financial Performance
  • Figure 82: Citigroup Financial Performance
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Frequently Asked Questions

What is the definition of the Open Banking market?

Open banking is a banking practice in which third-party financial service providers can use application programming interfaces (APIs) to gain access to consumer banking, transactions, and other data from banks and NBFCs. These APIs deliver a secure way to share financial information between two parties and make it easier for consumers to compare the details of current accounts and other banking services. Open banking unites banks, third parties, and technology providers, allowing them to exchange data easily and securely for the benefit of their consumers. For further insights on the Open Banking market, request a sample here

How will the Open Banking market drivers and restraints affect the market dynamics? What forces will shape the Open Banking industry going forward?

The Open Banking market major growth driver - Rapid Growth In Digital Payments Drives Expansion Of The Open Banking Market. For further insights on the Open Banking market, request a sample here

What is the forecast market size or the forecast market value of the Open Banking market?

The Open Banking market size has grown strongly in recent years. The open banking market size has grown exponentially in recent years. It will grow from $30.89 billion in 2024 to $38.86 billion in 2025 at a compound annual growth rate (CAGR) of 25.8%. The growth in the historic period can be attributed to increasing demand for fast and real-time fund transfer, rising use of digital banking services, strong economic growth in emerging markets, and government initiatives. The open banking market size is expected to see exponential growth in the next few years. It will grow to $94.14 billion in 2029 at a compound annual growth rate (CAGR) of 24.8%. The growth in the forecast period can be attributed to a surge in usage of online platforms, rising urbanization, an increase in younger generations, an increase in mergers and acquisitions, and increasing adoption of financial technology for payment. Major trends in the forecast period include a focus on the use of big data, a focus on banking as a service (baas) model, a focus on personalization, a focus on variable recurring payments, a focus on strategic partnerships and investments, and focus on new initiatives and programs. For further insights on the Open Banking market, request a sample here

How is the Open Banking market segmented?

The open banking market covered in this report is segmented –
1) By Service Type: Transactional Services, Communicative, Informative Services
2) By Distribution Channel: Bank Channels, App Market, Distributors, Aggregators
3) By Financial Services: Bank And Capital Markets, Payments, Digital Currencies, Value Added Services
4) By Deployment: Cloud, On-Premises, Hybrid Subsegments:
1) By Transactional Services: Payment Initiation Services, Account Aggregation Services, Fund Transfer Services
2) By Communicative Services: Notifications And Alerts, Messaging Services Between Banks And Customers, Customer Support Services
3) By Informative Services: Financial Data Insights And Analytics, Credit Scoring And Reporting, Financial Health Reports For further insights on the Open Banking market,
request a sample here

Which region has the largest share of the Open Banking market? What are the other regions covered in the report?

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

Who are the major players in the Open Banking market?

Major companies operating in the open banking market include Banco Santander S.A, BBVA SA, Credit Agricole, HSBC Bank plc., Citigroup, Capital One, NatWest Group plc., DBS Bank, Lloyds Banking Group, Barclays, Axis Bank, Bank Of Baroda, BNL, FamPay, Federal Bank, Finin, HDFC Bank, Airwallex, American Express, ANZ, China Construction Bank (CCB), ICBC Bank, WeBank, ChiantiBanca, Ant Financial, Allied Irish Bank, Bank of Ireland, Danske, Nationwide, RBS Group, ING, Caixa Geral De Depositos, La Banque Postale, Cofidis, Hello bank, Bunq, BNP Paribas, OTP Bank, Ikano Bank, Oneggo Bank, Tinkoff Bank, Wise, Raiffeisen Bank, Microsoft Corporation, IBM, Amazon Web Services, Hewlett Packard Enterprise, Intel, Oracle Corporation, Deposit Solutions, Finestra, Jack Henry & Associates, Inc, Nordigen Solutions, AlphaPoint, Axway, Spire Technologies, Tarabut Gateway . For further insights on the Open Banking market, request a sample here.

What are the key trends in the Open Banking market?

Major trends in the Open Banking market include Scotiabank Drives Open Banking Innovation With Scotia TranXact Digital Payments Platform. For further insights on the Open Banking market, request a sample here.

What are the major opportunities in the Open Banking market? What are the strategies for the Open Banking market?

For detailed insights on the major opportunities and strategies in the Open Banking market, request a sample here.

How does the Open Banking market relate to the overall economy and other similar markets?

For detailed insights on Open Banking's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Open Banking industry?

For detailed insights on the mergers and acquisitions in the Open Banking industry, request a sample here.

What are the key dynamics influencing the Open Banking market growth? SWOT analysis of the Open Banking market.

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