Virtual Banking Market Revenue, Product Launches, Regional Share Analysis & Forecast Till 2028

Comments · 314 Views

Virtual Banking Market Revenue, Regional & Country Share, Key Factors, Trends & Analysis, To 2028

The global Virtual Banking market is extremely competitive and comprise various global and regional players who accounted for robust market share in 2020.  Some of the key companies operating in the global Virtual Banking market include: Bank of America, Wells Fargo, Citigroup, Barclays Plc, Morgan Stanley, JPMorgan Chase, HSBC Group, Starling Bank, Revolut, Monzo Bank Ltd., Hello Bank, Valyuz UAB, Bank of China, Industrial and Commercial Bank of China Limited, China Construction Bank Corporation and China Merchants Bank. These market players are various strategies such as mergers and acquisitions, collaborations, joint ventures, collaborations, partnerships and research and development investments to strengthen their market position and expand their product base.

The global virtual banking market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors providing impetus to market revenue growth are rapid digitization of the banking financial services industry, growing adoption of cloud-based banking solutions by financial institutions, and rising number of virtual banking platforms worldwide.

Get a sample of the report-

Rapidly growing commercial and industrial sectors, rising concerns about data breaching in multinational companies, corporates, hospitals, rising demand for ICT services in various sectors such as healthcare and pharmaceuticals, IT, financial services and hospitals are some of the key factors boosting growth of the global Virtual Banking market revenue growth. In addition, increasing RD investments and rising focus on developing more secure products are supporting market growth.

Geographically, North America is expected to account for robust revenue share between 2021 and 2028 owing to factors such as rising concerns about data leakage and security, presence of key players and increasing adoption of advanced solutions.

To know more about the report-

Virtual Banking Market segmentation

Component Outlook (Revenue, USD Billion; 2018-2028)

  • Platforms
  • Services
  • Professional Services
  • Managed Services

Banking Mode Outlook (Revenue, USD Billion; 2018-2028)

  • Internet Banking
  • Mobile Banking

Deployment Type Outlook (Revenue, USD Billion; 2018-2028)

  • On-premises
  • Cloud

Banking Type Outlook (Revenue, USD Billion; 2018-2028)

  • Retail Banking
  • Corporate Banking
  • Investment Banking
  • Others

Service Type Outlook (Revenue, USD Billion; 2018-2028)

  • Payments
  • Processing Services
  • Customer Channel Management
  • Wealth Management

Regional Outlook:

  • North America (U.S., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request a customization of the report-

Thank you for reading our research report. We also offer report customization as per client request. Kindly contact us to know more about the customization feature and out team will offer you the best-suited report as per your requirement.

Key objectives of the report:

  • Details about revenue growth, market size, drivers, opportunities, constraints
  • Historical and forecast revenue of the key segments, products, applications and detailed analysis of the regions in the market
  • Production capacity, revenue, pricing structure, market share, and CAGR.
  • To offer insights about current market position, forecast estimation, competitive landscape and research and development activities

Also Read More Reports-

Banking and Financial Smart Cards Market Size, Share Analysis, By Type (Contactless Banking And Financial Smart Cards, Contact-Based Banking And Financial Smart Cards), By Application (Banking, Finance, Others), And By Region Forecast To 2027

Micro Lending Market Size, Share Analysis, By Service Provider (Banks, Micro Finance Institutes (MFIs), NBFCs (Non-banking Financial Institutions), Others), By End-User (Solo Entrepreneurs Individuals, Micro Enterprises, Small Enterprises), And By Region, Forecast To 2027

Usage Based Car Insurance Market By Package Type (Pay-As-You-Drive (PAYD), Pay-How-You-Drive (PHYD), and Manage-How-You-Drive (MHYD)), By Technology (OBD II, Black Box, Smartphones, Hybrid, and Embedded), By Vehicle Type (Light-Duty Vehicle (LDV) and Heavy-Duty Vehicle (HDV)), By Vehicle Age (New Vehicles and Old Vehicles), and By Region Forecast to 2028



About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:
John Watson
Head of Business Development
Direct Line: +1-212-710-1370
Reports and Data | Web: