Open Banking Global Market Share Analysis, Growth 2032

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The Business Research Company’s Open Banking Global Market Report 2023is the most detailed report available on the market, including broad forecast periods and multiple geographies. The reportcovers the historic period – 2010-2021, and the forecast period – 2023-2032. The Open Banking Global Market Report 2023evaluates open banking market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global open banking market is expected to grow from CAGR of 23.134% from 2026 and reach $$ 136,153.63 million in 2031.The surge in the usage 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.For instance, in August 2021, Google Pay, a US-based digital wallet platform crossed 1 billion transactions. Additionally, in July 2021, PhonePe, a digital payments network, set a new milestone by processing 1.5 billion transactions through the unified payments interface (UPI). Therefore, the rise in the use of online platforms for making payments is expected to propel the growth of the open banking market in the coming years.

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https://www.thebusinessresearchcompany.com/report/open-banking-market

The open banking market segments in the report are:
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

The table of contents in TBRC’s open banking market report includes:
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
…………………………..
19. Company Profiles
20. Key Mergers And Acquisitions
21. Global Open Banking Opportunities And Strategies
22. Open Banking Market, Conclusions And Recommendations
23. Appendix

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