Global Transaction Banking (TB) Market Growth (Status and Outlook) 2023-2029

Global Transaction Banking (TB) Market Growth (Status and Outlook) 2023-2029

Transaction Banking division of a bank typically provides commercial banking products and services for both corporates and financial institutions, including domestic and cross-border payments, risk mitigation, international trade finance as well as trust, agency, depositary, custody and related services. It comprises the Cash Management and Trade Finance businesses. 

LPI (LP Information)' newest research report, the “Transaction Banking (TB) Industry Forecast” looks at past sales and reviews total world Transaction Banking (TB) sales in 2022, providing a comprehensive analysis by region and market sector of projected Transaction Banking (TB) sales for 2023 through 2029. With Transaction Banking (TB) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transaction Banking (TB) industry.

This Insight Report provides a comprehensive analysis of the global Transaction Banking (TB) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Transaction Banking (TB) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Transaction Banking (TB) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transaction Banking (TB) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Transaction Banking (TB).

The global Transaction Banking (TB) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Transaction Banking (TB) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Transaction Banking (TB) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Transaction Banking (TB) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Transaction Banking (TB) players cover BNP Paribas, Bank of China, Citigroup Inc, HSBC, ICBC, JPMorgan Chase & Co, Mizuho Financial Group, Standard Chartered and MUFG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Transaction Banking (TB) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cash Management
Trade Finance

Segmentation by application
Corporates
Financial Institutions

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BNP Paribas
Bank of China
Citigroup Inc
HSBC
ICBC
JPMorgan Chase & Co
Mizuho Financial Group
Standard Chartered
MUFG
Sumitomo Mitsui Banking Corporation
Credit Agricole
China Merchants Bank

Please note: The report will take approximately 2 business days to prepare and deliver.