The Retail Core Banking Solution Global Market Report 2023, provides comprehensive information on the retail core banking solution market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Retail Core Banking Solution Market’s Growth:
https://www.thebusinessresearchcompany.com/report/retail-core-banking-solution-global-market-report
The global retail core banking solution market size is expected to grow from $4.06 billion in 2022 to $4.49 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of retail core banking solution market is expected to reach $6.51 billion in 2027 at a CAGR of 9.7%.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=11910&type=smp
Technology advancement is the key trend gaining popularity in the retail core banking solution market. Major companies in the retail core banking solution market focus on integrating new technologies like cloud-native platforms and digital transformation tools. 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.
The retail core banking solution market is segmented:
1) By Component: Solution, Services
2) By Deployment: Cloud, On-Premises
3) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
4) By Application: Regulatory Compliance, Risk Management, Digital Banking, Data Storage, Other Applications
North America was the largest region in the retail core banking solution market in 2022.
The table of contents in TBRC’s retail core banking solution market report includes:
1. Executive Summary
2. Retail Core Banking Solution Market Characteristics
3. Retail Core Banking Solution Market Trends And Strategies
4. Retail Core Banking Solution Market – Macro Economic Scenario
5. Retail Core Banking Solution Market Segmentation.
.
.
.
26. South America Retail Core Banking Solution Market
27. Brazil Retail Core Banking Solution Market
28. Middle East Retail Core Banking Solution Market
29. Africa Retail Core Banking Solution Market
30. Retail Core Banking Solution Market Competitive Landscape And Company Profiles
Top Major Players:
- Wells Fargo
- Mambu GmbH
- Oracle Corporation
- SAP SE
- Tata Consultancy Services Limited
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
