Retail Core Banking Systems Market Analysis and Scope (2024 to 2031)
Retail Core Banking Systems Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 14.69 Billion |
Market Size by 2031 | US$ 55.07 Billion |
Global CAGR (2023 - 2031) | 18% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Offering
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Retail Core Banking Systems Market News and Recent Developments
The retail core banking systems market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:
- In April 2023, Oracle FS was updating the core banking software of Ethiopia-based OMO Bank in collaboration with Profinch, Oracle's FLEXCUBE implementation partner, and incorporating new anti-money laundering (AML) and fraud prevention technologies.
(Source: Oracle, Press Release)
- In Oct 2023, a fintech startup called Sopra Banking Software (SBS) introduced a cutting-edge Software-as-a-Service (SaaS) core banking platform. This platform is an Al-enabled, fully cloud-native solution that operates in real-time.
Retail Core Banking Systems Market Report Coverage and Deliverables
The “Retail Core Banking Systems Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles