Global Open Banking Platform Market Research Report 2024(Status and Outlook)

Global Open Banking Platform Market Research Report 2024(Status and Outlook)



Report Overview:

Open banking refers to a banking practice that enables third-party developers to build applications and services by using APIs (Application Programming Interfaces) provided by financial institutions. Open banking platforms act as intermediaries that facilitate secure data sharing between banks and authorized third-party providers, such as fintech companies and other financial service providers.

The Global Open Banking Platform Market Size was estimated at USD 386.80 million in 2023 and is projected to reach USD 574.00 million by 2029, exhibiting a CAGR of 6.80% during the forecast period.

This report provides a deep insight into the global Open Banking Platform market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Open Banking Platform Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Open Banking Platform market in any manner.

Global Open Banking Platform Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Frollo

Basiq

Tink

Data Action

Yodlee

Axway

Plaid

MX

Finicity

FormFree Holdings

Malauzai Software

Mambu GmbH

MineralTree

Yapily

TrueLayer

Figo

Frollo

Mastercard

TIBCO

Sopra Banking Software

Token

Direct ID

Yodlee

Salt Edge

Bud

Market Segmentation (by Type)

Cloud-based

On-premises

Market Segmentation (by Application)

Finance and Insurance

Medical

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Open Banking Platform Market

Overview of the regional outlook of the Open Banking Platform Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Open Banking Platform Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Open Banking Platform
1.2 Key Market Segments
1.2.1 Open Banking Platform Segment by Type
1.2.2 Open Banking Platform Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Open Banking Platform Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Open Banking Platform Market Competitive Landscape
3.1 Global Open Banking Platform Revenue Market Share by Company (2019-2024)
3.2 Open Banking Platform Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Open Banking Platform Market Size Sites, Area Served, Product Type
3.4 Open Banking Platform Market Competitive Situation and Trends
3.4.1 Open Banking Platform Market Concentration Rate
3.4.2 Global 5 and 10 Largest Open Banking Platform Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Open Banking Platform Value Chain Analysis
4.1 Open Banking Platform Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Open Banking Platform Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Open Banking Platform Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Open Banking Platform Market Size Market Share by Type (2019-2024)
6.3 Global Open Banking Platform Market Size Growth Rate by Type (2019-2024)
7 Open Banking Platform Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Open Banking Platform Market Size (M USD) by Application (2019-2024)
7.3 Global Open Banking Platform Market Size Growth Rate by Application (2019-2024)
8 Open Banking Platform Market Segmentation by Region
8.1 Global Open Banking Platform Market Size by Region
8.1.1 Global Open Banking Platform Market Size by Region
8.1.2 Global Open Banking Platform Market Size Market Share by Region
8.2 North America
8.2.1 North America Open Banking Platform Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Open Banking Platform Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Open Banking Platform Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Open Banking Platform Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Open Banking Platform Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Frollo
9.1.1 Frollo Open Banking Platform Basic Information
9.1.2 Frollo Open Banking Platform Product Overview
9.1.3 Frollo Open Banking Platform Product Market Performance
9.1.4 Frollo Open Banking Platform SWOT Analysis
9.1.5 Frollo Business Overview
9.1.6 Frollo Recent Developments
9.2 Basiq
9.2.1 Basiq Open Banking Platform Basic Information
9.2.2 Basiq Open Banking Platform Product Overview
9.2.3 Basiq Open Banking Platform Product Market Performance
9.2.4 Frollo Open Banking Platform SWOT Analysis
9.2.5 Basiq Business Overview
9.2.6 Basiq Recent Developments
9.3 Tink
9.3.1 Tink Open Banking Platform Basic Information
9.3.2 Tink Open Banking Platform Product Overview
9.3.3 Tink Open Banking Platform Product Market Performance
9.3.4 Frollo Open Banking Platform SWOT Analysis
9.3.5 Tink Business Overview
9.3.6 Tink Recent Developments
9.4 Data Action
9.4.1 Data Action Open Banking Platform Basic Information
9.4.2 Data Action Open Banking Platform Product Overview
9.4.3 Data Action Open Banking Platform Product Market Performance
9.4.4 Data Action Business Overview
9.4.5 Data Action Recent Developments
9.5 Yodlee
9.5.1 Yodlee Open Banking Platform Basic Information
9.5.2 Yodlee Open Banking Platform Product Overview
9.5.3 Yodlee Open Banking Platform Product Market Performance
9.5.4 Yodlee Business Overview
9.5.5 Yodlee Recent Developments
9.6 Axway
9.6.1 Axway Open Banking Platform Basic Information
9.6.2 Axway Open Banking Platform Product Overview
9.6.3 Axway Open Banking Platform Product Market Performance
9.6.4 Axway Business Overview
9.6.5 Axway Recent Developments
9.7 Plaid
9.7.1 Plaid Open Banking Platform Basic Information
9.7.2 Plaid Open Banking Platform Product Overview
9.7.3 Plaid Open Banking Platform Product Market Performance
9.7.4 Plaid Business Overview
9.7.5 Plaid Recent Developments
9.8 MX
9.8.1 MX Open Banking Platform Basic Information
9.8.2 MX Open Banking Platform Product Overview
9.8.3 MX Open Banking Platform Product Market Performance
9.8.4 MX Business Overview
9.8.5 MX Recent Developments
9.9 Finicity
9.9.1 Finicity Open Banking Platform Basic Information
9.9.2 Finicity Open Banking Platform Product Overview
9.9.3 Finicity Open Banking Platform Product Market Performance
9.9.4 Finicity Business Overview
9.9.5 Finicity Recent Developments
9.10 FormFree Holdings
9.10.1 FormFree Holdings Open Banking Platform Basic Information
9.10.2 FormFree Holdings Open Banking Platform Product Overview
9.10.3 FormFree Holdings Open Banking Platform Product Market Performance
9.10.4 FormFree Holdings Business Overview
9.10.5 FormFree Holdings Recent Developments
9.11 Malauzai Software
9.11.1 Malauzai Software Open Banking Platform Basic Information
9.11.2 Malauzai Software Open Banking Platform Product Overview
9.11.3 Malauzai Software Open Banking Platform Product Market Performance
9.11.4 Malauzai Software Business Overview
9.11.5 Malauzai Software Recent Developments
9.12 Mambu GmbH
9.12.1 Mambu GmbH Open Banking Platform Basic Information
9.12.2 Mambu GmbH Open Banking Platform Product Overview
9.12.3 Mambu GmbH Open Banking Platform Product Market Performance
9.12.4 Mambu GmbH Business Overview
9.12.5 Mambu GmbH Recent Developments
9.13 MineralTree
9.13.1 MineralTree Open Banking Platform Basic Information
9.13.2 MineralTree Open Banking Platform Product Overview
9.13.3 MineralTree Open Banking Platform Product Market Performance
9.13.4 MineralTree Business Overview
9.13.5 MineralTree Recent Developments
9.14 Yapily
9.14.1 Yapily Open Banking Platform Basic Information
9.14.2 Yapily Open Banking Platform Product Overview
9.14.3 Yapily Open Banking Platform Product Market Performance
9.14.4 Yapily Business Overview
9.14.5 Yapily Recent Developments
9.15 TrueLayer
9.15.1 TrueLayer Open Banking Platform Basic Information
9.15.2 TrueLayer Open Banking Platform Product Overview
9.15.3 TrueLayer Open Banking Platform Product Market Performance
9.15.4 TrueLayer Business Overview
9.15.5 TrueLayer Recent Developments
9.16 Figo
9.16.1 Figo Open Banking Platform Basic Information
9.16.2 Figo Open Banking Platform Product Overview
9.16.3 Figo Open Banking Platform Product Market Performance
9.16.4 Figo Business Overview
9.16.5 Figo Recent Developments
9.17 Frollo
9.17.1 Frollo Open Banking Platform Basic Information
9.17.2 Frollo Open Banking Platform Product Overview
9.17.3 Frollo Open Banking Platform Product Market Performance
9.17.4 Frollo Business Overview
9.17.5 Frollo Recent Developments
9.18 Mastercard
9.18.1 Mastercard Open Banking Platform Basic Information
9.18.2 Mastercard Open Banking Platform Product Overview
9.18.3 Mastercard Open Banking Platform Product Market Performance
9.18.4 Mastercard Business Overview
9.18.5 Mastercard Recent Developments
9.19 TIBCO
9.19.1 TIBCO Open Banking Platform Basic Information
9.19.2 TIBCO Open Banking Platform Product Overview
9.19.3 TIBCO Open Banking Platform Product Market Performance
9.19.4 TIBCO Business Overview
9.19.5 TIBCO Recent Developments
9.20 Sopra Banking Software
9.20.1 Sopra Banking Software Open Banking Platform Basic Information
9.20.2 Sopra Banking Software Open Banking Platform Product Overview
9.20.3 Sopra Banking Software Open Banking Platform Product Market Performance
9.20.4 Sopra Banking Software Business Overview
9.20.5 Sopra Banking Software Recent Developments
9.21 Token
9.21.1 Token Open Banking Platform Basic Information
9.21.2 Token Open Banking Platform Product Overview
9.21.3 Token Open Banking Platform Product Market Performance
9.21.4 Token Business Overview
9.21.5 Token Recent Developments
9.22 Direct ID
9.22.1 Direct ID Open Banking Platform Basic Information
9.22.2 Direct ID Open Banking Platform Product Overview
9.22.3 Direct ID Open Banking Platform Product Market Performance
9.22.4 Direct ID Business Overview
9.22.5 Direct ID Recent Developments
9.23 Yodlee
9.23.1 Yodlee Open Banking Platform Basic Information
9.23.2 Yodlee Open Banking Platform Product Overview
9.23.3 Yodlee Open Banking Platform Product Market Performance
9.23.4 Yodlee Business Overview
9.23.5 Yodlee Recent Developments
9.24 Salt Edge
9.24.1 Salt Edge Open Banking Platform Basic Information
9.24.2 Salt Edge Open Banking Platform Product Overview
9.24.3 Salt Edge Open Banking Platform Product Market Performance
9.24.4 Salt Edge Business Overview
9.24.5 Salt Edge Recent Developments
9.25 Bud
9.25.1 Bud Open Banking Platform Basic Information
9.25.2 Bud Open Banking Platform Product Overview
9.25.3 Bud Open Banking Platform Product Market Performance
9.25.4 Bud Business Overview
9.25.5 Bud Recent Developments
10 Open Banking Platform Regional Market Forecast
10.1 Global Open Banking Platform Market Size Forecast
10.2 Global Open Banking Platform Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Open Banking Platform Market Size Forecast by Country
10.2.3 Asia Pacific Open Banking Platform Market Size Forecast by Region
10.2.4 South America Open Banking Platform Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Open Banking Platform by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Open Banking Platform Market Forecast by Type (2025-2030)
11.2 Global Open Banking Platform Market Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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