The 2023-2028 World Outlook for Digital Banking

The 2023-2028 World Outlook for Digital Banking

This study covers the world outlook for digital banking across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers digital banking as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").

The NAICS code for digital banking is 314110. It is for this definition that aggregate latent demand estimates are derived. Digital banking is specifically defined as follows:

314110 This industry comprises establishments primarily engaged in (1) manufacturing woven, tufted, and other carpets and rugs, such as art squares, floor mattings, needlepunch carpeting, and door mats and mattings, from textile materials or from twisted paper, grasses, reeds, sisal, jute, or rags and/or (2) finishing carpets and rugs.

3141101 Woven carpet and rugs

3141102 Tufted carpet and rugs

3141103 Other carpet and rugs

3141105 OTHER CARPET, RUGS, AND MATS

314110M Miscellaneous receipts

314110P Primary products

314110S Secondary products

31411010 Woven carpets and rugs

31411011 Woven carpet and rugs