Open Banking Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global open banking market is expected to grow at a CAGR of around 20.4% during 2025-2034. This report on global open banking market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global open banking market by segmenting the market based on services, deployment, distribution Channel, and region. Also, detailed profiles of companies operating in the open banking market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
● Increasing adoption of online services for payments
● Increasing awareness about its benefits
Market Challenges
● Surge in Online Fraud
● Data Security
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Services
● Banking and Capital Markets
● Payments
● Digital Currencies
● Value Added Services
Market by Deployment
● Cloud-based
● On-premises
Market by Distribution Channel
● Bank Channels
● App Markets
● Distributors
● Aggregators
Market by Region
● Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
● North America
United States
Canada
● Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
● Latin America
Mexico
Brazil
Argentina
Rest of Latin America
● Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Open Banking Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Open Banking Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Open Banking Market by Services
- 5.1. Introduction
- 5.2. Banking and Capital Markets
- 5.3. Payments
- 5.4. Digital Currencies
- 5.5. Value Added Services
- 6. Global Open Banking Market by Deployment
- 6.1. Introduction
- 6.2. Cloud-based
- 6.3. On-premises
- 7. Global Open Banking Market by Distribution Channel
- 7.1. Introduction
- 7.2. Bank Channels
- 7.3. App Markets
- 7.4. Distributors
- 7.5. Aggregators
- 8. Global Open Banking Market by Region
- 8.1. Introduction
- 8.2. Europe
- 8.2.1. Germany
- 8.2.2. United Kingdom
- 8.2.3. France
- 8.2.4. Italy
- 8.2.5. Spain
- 8.2.6. Russia
- 8.2.7. Netherlands
- 8.2.8. Rest of the Europe
- 8.3. North America
- 8.3.1. United States
- 8.3.2. Canada
- 8.4. Asia Pacific
- 8.4.1. China
- 8.4.2. Japan
- 8.4.3. India
- 8.4.4. South Korea
- 8.4.5. Australia
- 8.4.6. Indonesia
- 8.4.7. Rest of the Asia Pacific
- 8.5. Latin America
- 8.5.1. Mexico
- 8.5.2. Brazil
- 8.5.3. Argentina
- 8.5.4. Rest of Latin America
- 8.6. Middle East & Africa
- 8.6.1. Saudi Arabia
- 8.6.2. Turkey
- 8.6.3. Iran
- 8.6.4. United Arab Emirates
- 8.6.5. Rest of Middle East & Africa
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Company Profiles
- 12.2.1. Bannco Bilbao Vizcaya Argentaria, S.A.
- 12.2.2. Crédit Agricole
- 12.2.3. Finastra
- 12.2.4. Finleap connect
- 12.2.5. FormFree Holdings Corporation
- 12.2.6. Jack Henry & Associates, Inc.
- 12.2.7. Mambu
- 12.2.8. MineralTree, Inc.
- 12.2.9. Nordigen Solutions
- 12.2.10. NCR Corporation
- 12.2.11. Revolut
- 12.2.12. Tink
- 12.2.13. Yapily
- List of Figures
- Figure 1: Global Open Banking Market (in US$ Million), 2020-2024
- Figure 2: Global Open Banking Market by Services, 2024
- Figure 3: Global Open Banking Market by Deployment, 2024
- Figure 4: Global Open Banking Market by Distribution Channel, 2024
- Figure 5: Global Open Banking Market by Region, 2024
- Figure 6: Global Open Banking Market (in US$ Million), 2025-2034
- Figure 7: Global Open Banking Market by Services (in %), 2024 & 2034
- Figure 8: Global Banking and Capital Markets Open Banking Market (in US$ Million), 2020-2024
- Figure 9: Global Banking and Capital Markets Open Banking Market (in US$ Million), 2025-2034
- Figure 10: Global Payments Open Banking Market (in US$ Million), 2020-2024
- Figure 11: Global Payments Open Banking Market (in US$ Million), 2025-2034
- Figure 12: Global Digital Currencies Open Banking Market (in US$ Million), 2020-2024
- Figure 13: Global Digital Currencies Open Banking Market (in US$ Million), 2025-2034
- Figure 14: Global Value Added Services Open Banking Market (in US$ Million), 2020-2024
- Figure 15: Global Value Added Services Open Banking Market (in US$ Million), 2025-2034
- Figure 16: Global Open Banking Market by Deployment (in %), 2024 & 2034
- Figure 17: Global Cloud-based Open Banking Market (in US$ Million), 2020-2024
- Figure 18: Global Cloud-based Open Banking Market (in US$ Million), 2025-2034
- Figure 19: Global On-premises Open Banking Market (in US$ Million), 2020-2024
- Figure 20: Global On-premises Open Banking Market (in US$ Million), 2025-2034
- Figure 21: Global Open Banking Market by Distribution Channel (in %), 2024 & 2034
- Figure 22: Global Bank Channels Open Banking Market (in US$ Million), 2020-2024
- Figure 23: Global Bank Channels Open Banking Market (in US$ Million), 2025-2034
- Figure 24: Global App Markets Open Banking Market (in US$ Million), 2020-2024
- Figure 25: Global App Markets Open Banking Market (in US$ Million), 2025-2034
- Figure 26: Global Distributors Open Banking Market (in US$ Million), 2020-2024
- Figure 27: Global Distributors Open Banking Market (in US$ Million), 2025-2034
- Figure 28: Global Aggregators Open Banking Market (in US$ Million), 2020-2024
- Figure 29: Global Aggregators Open Banking Market (in US$ Million), 2025-2034
- Figure 30: Global Open Banking Market by Region (in %), 2024 & 2034
- Figure 31: Europe Open Banking Market (in US$ Million), 2020-2024
- Figure 32: Europe Open Banking Market (in US$ Million), 2025-2034
- Figure 33: Europe Open Banking Market by Country (in %), 2024 & 2034
- Figure 34: Germany Open Banking Market (in US$ Million), 2020-2034
- Figure 35: United Kingdom Open Banking Market (in US$ Million), 2020-2034
- Figure 36: France Open Banking Market (in US$ Million), 2020-2034
- Figure 37: Italy Open Banking Market (in US$ Million), 2020-2034
- Figure 38: Spain Open Banking Market (in US$ Million), 2020-2034
- Figure 39: Russia Open Banking Market (in US$ Million), 2020-2034
- Figure 40: Netherlands Open Banking Market (in US$ Million), 2020-2034
- Figure 41: North America Open Banking Market (in US$ Million), 2020-2024
- Figure 42: North America Open Banking Market (in US$ Million), 2025-2034
- Figure 43: North America Open Banking Market by Country (in %), 2024 & 2034
- Figure 44: United States Open Banking Market (in US$ Million), 2020-2034
- Figure 45: Canada Open Banking Market (in US$ Million), 2020-2034
- Figure 46: Asia Pacific Open Banking Market (in US$ Million), 2020-2024
- Figure 47: Asia Pacific Open Banking Market (in US$ Million), 2025-2034
- Figure 48: Asia Pacific Open Banking Market by Country (in %), 2024 & 2034
- Figure 49: China Open Banking Market (in US$ Million), 2020-2034
- Figure 50: Japan Open Banking Market (in US$ Million), 2020-2034
- Figure 51: India Open Banking Market (in US$ Million), 2020-2034
- Figure 52: South Korea Open Banking Market (in US$ Million), 2020-2034
- Figure 53: Australia Open Banking Market (in US$ Million), 2020-2034
- Figure 54: Indonesia Open Banking Market (in US$ Million), 2020-2034
- Figure 55: Latin America Open Banking Market (in US$ Million), 2020-2024
- Figure 56: Latin America Open Banking Market (in US$ Million), 2025-2034
- Figure 57: Latin America Open Banking Market by Country (in %), 2024 & 2034
- Figure 58: Mexico Open Banking Market (in US$ Million), 2020-2034
- Figure 59: Brazil Open Banking Market (in US$ Million), 2020-2034
- Figure 60: Argentina Open Banking Market (in US$ Million), 2020-2034
- Figure 61: Middle East & Africa Open Banking Market (in US$ Million), 2020-2024
- Figure 62: Middle East & Africa Open Banking Market (in US$ Million), 2025-2034
- Figure 63: Middle East & Africa Open Banking Market by Country (in %), 2024 & 2034
- Figure 64: Saudi Arabia Open Banking Market (in US$ Million), 2020-2034
- Figure 65: Turkey Open Banking Market (in US$ Million), 2020-2034
- Figure 66: Iran Open Banking Market (in US$ Million), 2020-2034
- Figure 67: UAE Open Banking Market (in US$ Million), 2020-2034
- Figure 68: Market Value Chain
- List of Tables
- Table 1: Global Open Banking Market Portraiture
- Table 2: Global Open Banking Market by Services (in US$ Million), 2024 & 2034
- Table 3: Global Open Banking Market by Deployment (in US$ Million), 2024 & 2034
- Table 4: Global Open Banking Market by Distribution Channel (in US$ Million), 2024 & 2034
- Table 5: Global Open Banking Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Open Banking Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Open Banking Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Open Banking Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Open Banking Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Open Banking Market by Country (in US$ Million),
- 2024 & 2034
- Table 11: List of Key Players
Research Assistance
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