Neobanking Market by Account Type (Business Account, Savings Account), Application (Enterprises, Personal) - Global Forecast 2024-2030

Neobanking Market by Account Type (Business Account, Savings Account), Application (Enterprises, Personal) - Global Forecast 2024-2030


The Neobanking Market size was estimated at USD 126.11 billion in 2023 and expected to reach USD 197.90 billion in 2024, at a CAGR 57.01% to reach USD 2,967.86 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Neobanking Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Neobanking Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Neobanking Market, highlighting leading vendors and their innovative profiles. These include Aspiration Partners, Inc., Atom Bank PLC, Axos Financial, Inc., Chime Capital, LLC, Good Money Group, Inc., Monzo Bank Limited, Movencorp Inc., N26 AG, Revolut Ltd., RZPX PRIVATE LIMITED, Social Finance, Inc., Sopra Banking Software, Starling Bank Limited, Tandem Bank Limited, and Varo Bank, N.A..

Market Segmentation & Coverage

This research report categorizes the Neobanking Market to forecast the revenues and analyze trends in each of the following sub-markets:

Account Type

Business Account

Savings Account
Application

Enterprises

Personal
Region

Americas
Argentina
Brazil
Canada
Mexico
United States

California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Neobanking Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Neobanking Market?
3. What are the technology trends and regulatory frameworks in the Neobanking Market?
4. What is the market share of the leading vendors in the Neobanking Market?
5. Which modes and strategic moves are suitable for entering the Neobanking Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Neobanking Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Convenience offered to consumers
5.1.1.2. Best interest rates offered over traditional banks
5.1.1.3. Supportive government regulations
5.1.1.4. Increase in the launch of digital subsidiaries by traditional banks
5.1.1.5. Automated products through online channels and mobile websites
5.1.2. Restraints
5.1.2.1. Cybersecurity concern
5.1.3. Opportunities
5.1.3.1. Increase in smartphone and internet penetration in emerging economies
5.1.3.2. Collaboration of financial institutes and fintech companies
5.1.3.3. Substantial investment for startups
5.1.4. Challenges
5.1.4.1. Acquisition of customers
5.1.4.2. Profitability for digital banks
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Neobanking Market, by Account Type
6.1. Introduction
6.2. Business Account
6.3. Savings Account
7. Neobanking Market, by Application
7.1. Introduction
7.2. Enterprises
7.3. Personal
8. Americas Neobanking Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Neobanking Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Neobanking Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Aspiration Partners, Inc.
12.1.2. Atom Bank PLC
12.1.3. Axos Financial, Inc.
12.1.4. Chime Capital, LLC
12.1.5. Good Money Group, Inc.
12.1.6. Monzo Bank Limited
12.1.7. Movencorp Inc.
12.1.8. N26 AG
12.1.9. Revolut Ltd.
12.1.10. RZPX PRIVATE LIMITED
12.1.11. Social Finance, Inc.
12.1.12. Sopra Banking Software
12.1.13. Starling Bank Limited
12.1.14. Tandem Bank Limited
12.1.15. Varo Bank, N.A.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. NEOBANKING MARKET RESEARCH PROCESS
FIGURE 2. NEOBANKING MARKET SIZE, 2023 VS 2030
FIGURE 3. NEOBANKING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. NEOBANKING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. NEOBANKING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. NEOBANKING MARKET DYNAMICS
FIGURE 7. NEOBANKING MARKET SIZE, BY ACCOUNT TYPE, 2023 VS 2030 (%)
FIGURE 8. NEOBANKING MARKET SIZE, BY ACCOUNT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. NEOBANKING MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. NEOBANKING MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS NEOBANKING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS NEOBANKING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES NEOBANKING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES NEOBANKING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC NEOBANKING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC NEOBANKING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA NEOBANKING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA NEOBANKING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. NEOBANKING MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. NEOBANKING MARKET SHARE, BY KEY PLAYER, 2023

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