We defines a core banking system (CBS) as a back-end system that processes daily banking transactions and posts updates to accounts and other financial records. CBSs typically include deposit, loan and credit processing capabilities, with interfaces to general ledger systems and reporting tools. This market assesses CBS vendors based on the multicurrency products they offer in support of a bank's financial transaction management in the retail banking market.
This report aims to provide a comprehensive presentation of the global market for Retail Core Banking Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Retail Core Banking Systems. This report contains market size and forecasts of Retail Core Banking Systems in global, including the following market information:
Global Retail Core Banking Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Retail Core Banking Systems market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
On-Premises Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Retail Core Banking Systems include Temenos, EdgeVerve, Oracle, Tata Consultancy, Services, Fiserv, FIS Global, Intellect Design Arena and Sopra Steria, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Retail Core Banking Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Retail Core Banking Systems Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Retail Core Banking Systems Market Segment Percentages, by Type, 2022 (%)
- On-Premises
- Managed
- Hybrid
Global Retail Core Banking Systems Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Retail Core Banking Systems Market Segment Percentages, by Application, 2022 (%)
- Web-Based
- Installed
- iOS
- Android
Global Retail Core Banking Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Retail Core Banking Systems Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Retail Core Banking Systems revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Retail Core Banking Systems revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Temenos
- EdgeVerve
- Oracle
- Tata Consultancy
- Services
- Fiserv
- FIS Global
- Intellect Design Arena
- Sopra Steria
- Finastra
- Jack Henry & Associates
- Avaloq
- BML Istisharat
- Symitar
- SAP
- Intertech
- Exictos
- InfrasoftTech
Outline of Major Chapters:
Chapter 1: Introduces the definition of Retail Core Banking Systems, market overview.
Chapter 2: Global Retail Core Banking Systems market size in revenue.
Chapter 3: Detailed analysis of Retail Core Banking Systems company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Retail Core Banking Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
