Global Open Banking Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 10/11/2022
- NO OF PAGES
- 213
- CATEGORY
- Retails & Consumer
The Open Banking market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Open Banking market. On the basis of historic growth analysis and current scenario of Open Banking market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Open Banking market. These further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Open Banking market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Open Banking market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Open Banking Market: Major Players
Close Brothers
Schroders
Royal Bank of Scotland
Standard Chartered PLC
Coventry Building Society
Careers in investment banking
HSBC Holdings
Santander UK
Nationwide Building Society
Barclay’s PLC
Lloyds Banking Group
Global Open Banking Market: By Types
Customer-provided Data
Transaction Data for Certain Account Types
Product Data
Global Open Banking Market: By Applications
Mortgage Approvals
Credit Scoring
Financial Management
Reduced Overdraft Fees
Others
Global Open Banking Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Open Banking market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Open Banking Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023This report examines all the key factors influencing growth of global Open Banking market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Open Banking market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Open Banking Market: Major Players
Close Brothers
Schroders
Royal Bank of Scotland
Standard Chartered PLC
Coventry Building Society
Careers in investment banking
HSBC Holdings
Santander UK
Nationwide Building Society
Barclay’s PLC
Lloyds Banking Group
Global Open Banking Market: By Types
Customer-provided Data
Transaction Data for Certain Account Types
Product Data
Global Open Banking Market: By Applications
Mortgage Approvals
Credit Scoring
Financial Management
Reduced Overdraft Fees
Others
Global Open Banking Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Open Banking market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Open Banking Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1 Open Banking Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Open Banking
1.3 Open Banking Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Open Banking Revenue and Growth Rate from 2016-2030
1.4 Market Segmentation
1.4.1 Types of Open Banking
1.4.2 Applications of Open Banking
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Open Banking Industry Trends
1.5.2 Open Banking Drivers
1.5.3 Open Banking Market Challenges
1.5.4 Open Banking Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Open Banking Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Open Banking Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Open Banking Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Open Banking
2.2.1 Major Players Manufacturing Base of Open Banking in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Open Banking Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Open Banking
2.3.3 Labor Cost of Open Banking
2.4 Market Channel Analysis of Open Banking
2.5 Major Down Stream Customers by Application
3 Global Open Banking Market, by Type
3.1 Global Open Banking Revenue and Market Share by Type (2016-2021)
3.2 Global Open Banking Production and Market Share by Type (2016-2021)
3.3 Global Open Banking Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Open Banking Revenue and Growth Rate of Customer-provided Data
3.3.2 Global Open Banking Revenue and Growth Rate of Transaction Data for Certain Account Types
3.3.3 Global Open Banking Revenue and Growth Rate of Product Data
3.4 Global Open Banking Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Open Banking Market, by Application
4.1 Downstream Market Overview
4.2 Global Open Banking Consumption and Market Share by Application (2016-2021)
4.3 Global Open Banking Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Open Banking Consumption and Growth Rate of Mortgage Approvals (2016-2021)
4.3.2 Global Open Banking Consumption and Growth Rate of Credit Scoring (2016-2021)
4.3.3 Global Open Banking Consumption and Growth Rate of Financial Management (2016-2021)
4.3.4 Global Open Banking Consumption and Growth Rate of Reduced Overdraft Fees (2016-2021)
4.3.5 Global Open Banking Consumption and Growth Rate of Others (2016-2021)
5 Global Open Banking Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Open Banking Revenue and Market Share by Region (2016-2021)
5.2 Global Open Banking Consumption and Market Share by Region (2016-2021)
5.3 Global Open Banking Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Open Banking Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Open Banking Market Under COVID-19
5.4.2 North America Open Banking SWOT Analysis
5.5 Europe Open Banking Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Open Banking Market Under COVID-19
5.5.2 Europe Open Banking SWOT Analysis
5.6 China Open Banking Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Open Banking Market Under COVID-19
5.6.2 China Open Banking SWOT Analysis
5.7 Japan Open Banking Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Open Banking Market Under COVID-19
5.7.2 Japan Open Banking SWOT Analysis
5.8 Middle East and Africa Open Banking Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Open Banking Market Under COVID-19
5.8.2 Middle East and Africa Open Banking SWOT Analysis
5.9 India Open Banking Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Open Banking Market Under COVID-19
5.9.2 India Open Banking SWOT Analysis
5.10 South America Open Banking Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Open Banking Market Under COVID-19
5.10.2 South America Open Banking SWOT Analysis
5.11 South Korea Open Banking Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Open Banking Market Under COVID-19
5.11.2 South Korea Open Banking SWOT Analysis
5.12 Southeast Asia Open Banking Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Open Banking Market Under COVID-19
5.12.2 Southeast Asia Open Banking SWOT Analysis
6 Global Open Banking Production by Top Regions (2016-2021)
6.1 Global Open Banking Production by Top Regions (2016-2021)
6.2 North America Open Banking Production and Growth Rate
6.3 Europe Open Banking Production and Growth Rate
6.4 China Open Banking Production and Growth Rate
6.5 Japan Open Banking Production and Growth Rate
6.6 India Open Banking Production and Growth Rate
7 Global Open Banking Consumption by Regions (2016-2021)
7.1 Global Open Banking Consumption by Regions (2016-2021)
7.2 North America Open Banking Consumption and Growth Rate
7.3 Europe Open Banking Consumption and Growth Rate
7.4 China Open Banking Consumption and Growth Rate
7.5 Japan Open Banking Consumption and Growth Rate
7.6 Middle East & Africa Open Banking Consumption and Growth Rate
7.7 India Open Banking Consumption and Growth Rate
7.8 South America Open Banking Consumption and Growth Rate
7.9 South Korea Open Banking Consumption and Growth Rate
7.10 Southeast Asia Open Banking Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 Close Brothers Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Open Banking Product Profiles, Application and Specification
8.2.3 Close Brothers Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Schroders Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Open Banking Product Profiles, Application and Specification
8.3.3 Schroders Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 Royal Bank of Scotland Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Open Banking Product Profiles, Application and Specification
8.4.3 Royal Bank of Scotland Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Standard Chartered PLC Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Open Banking Product Profiles, Application and Specification
8.5.3 Standard Chartered PLC Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 Coventry Building Society Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Open Banking Product Profiles, Application and Specification
8.6.3 Coventry Building Society Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Careers in investment banking Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Open Banking Product Profiles, Application and Specification
8.7.3 Careers in investment banking Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 HSBC Holdings Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Open Banking Product Profiles, Application and Specification
8.8.3 HSBC Holdings Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 Santander UK Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Open Banking Product Profiles, Application and Specification
8.9.3 Santander UK Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Nationwide Building Society Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Open Banking Product Profiles, Application and Specification
8.10.3 Nationwide Building Society Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Barclay’s PLC Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Open Banking Product Profiles, Application and Specification
8.11.3 Barclay’s PLC Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Lloyds Banking Group Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Open Banking Product Profiles, Application and Specification
8.12.3 Lloyds Banking Group Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Open Banking Market Analysis and Forecast by Type and Application
9.1 Global Open Banking Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Customer-provided Data Market Revenue and Volume Forecast (2021-2026)
9.1.2 Transaction Data for Certain Account Types Market Revenue and Volume Forecast (2021-2026)
9.1.3 Product Data Market Revenue and Volume Forecast (2021-2026)
9.2 Global Open Banking Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Mortgage Approvals Market Revenue and Volume Forecast (2021-2026)
9.2.2 Credit Scoring Market Revenue and Volume Forecast (2021-2026)
9.2.3 Financial Management Market Revenue and Volume Forecast (2021-2026)
9.2.4 Reduced Overdraft Fees Market Revenue and Volume Forecast (2021-2026)
9.2.5 Others Market Revenue and Volume Forecast (2021-2026)
10 Open Banking Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Open Banking Market Trends Analysis
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
 
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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