The Latin America, Middle East and Africa Digital Banking Platform Market would witness market growth of 18.9% CAGR during the forecast period (2020-2026). The personal taste of customers while availing banking services is changing fast towards mobile and online banking. A large number of people are also using smartphone phones or mobile browsers to access their bank accounts. Banks must therefore ensure that they respond to changing banking networks for delivery, cross-selling and up-selling to mobile customers. Digital banking platforms allow the bank to step into the digital world through easily adaptable and customized solutions. Interactive mobile banking applications and websites give rise to improved customer service and improve customer loyalty. In the near future, the growing demand for smartphones will drive the number of digital banking customers, which in turn will fuel demand for the digital banking platform solution among banks.
Over the years, the demand for digital channel platforms has shifted dramatically from online and mobile banking specific solutions to digital channel banking agnostic platforms. The advanced and sophisticated digital banking platform is highly flexible and allows a wide range of different banking services to be integrated into a large and interactive user interface (UI) or customer experience. The factor is very much responsible for the high degree of traction of businesses in digital banking worldwide.
In addition, banks are now under intense pressure to improve operational efficiencies and rising banking costs while providing innovative next-generation digital banking services. Digital banking platform vendors are now creating digital and digital banking applications to meet both banking and consumer needs. It involves the need for channel integration support and diverse customer experience to make core banking easier to achieve, as well as on apps that consumers choose to use or are of interest and affordability.
Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Type, the market is segmented into Retail Banking and Corporate Banking. Based on Banking Mode, the market is segmented into Online Banking and Mobile Banking. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Digital Banking Platform Market in LAMEA is expected to register a CAGR of 18.9% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Infosys Limited (EdgeVerve Systems), Fidelity Information Services (FIS), Inc., Fiserv, Inc., Oracle Corporation, SAP SE, Temenos AG, The Bank of New York Mellon Corporation, Appway AG, COR Financial Solutions Ltd., and VSoft Corporation.
Scope of the LAMEA Digital Banking Platform Market Analysis
Market Segmentation:
By Component
By Deployment Type
By Type
- Retail Banking
- Corporate Banking
By Banking Mode
- Online Banking
- Mobile Banking
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Infosys Limited (EdgeVerve Systems)
- Fidelity Information Services (FIS), Inc.
- Fiserv, Inc.
- Oracle Corporation
- SAP SE
- Temenos AG
- The Bank of New York Mellon Corporation
- Appway AG
- COR Financial Solutions Ltd.
- VSoft Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Latin America, Middle East and Africa (LAMEA) Digital Banking Platform Market, by Component
1.4.2 Latin America, Middle East and Africa (LAMEA) Digital Banking Platform Market, by Deployment Type
1.4.3 Latin America, Middle East and Africa (LAMEA) Digital Banking Platform Market, by Type
1.4.4 Latin America, Middle East and Africa (LAMEA) Digital Banking Platform Market, by Banking Mode
1.4.5 Latin America, Middle East and Africa (LAMEA) Digital Banking Platform Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Nov – 2020, Jun) Leading Players
Chapter 4. LAMEA Digital Banking Platform Market by Component
4.1 LAMEA Digital Banking Platform Solution Market by Country
4.2 LAMEA Digital Banking Platform Services Market by Country
Chapter 5. LAMEA Digital Banking Platform Market by Deployment Type
5.1 LAMEA On-premise Digital Banking Platform Market by Country
5.2 LAMEA Cloud Digital Banking Platform Market by Country
Chapter 6. LAMEA Digital Banking Platform Market by Type
6.1 LAMEA Retail Banking Digital Banking Platform Market by Country
6.2 LAMEA Corporate Banking Digital Banking Platform Market by Country
Chapter 7. LAMEA Digital Banking Platform Market by Banking Mode
7.1 LAMEA Online Banking Digital Banking Platform Market by Country
7.2 LAMEA Mobile Banking Digital Banking Platform Market by Country
Chapter 8. LAMEA Digital Banking Platform Market by Country
8.1 Brazil Digital Banking Platform Market
8.1.1 Brazil Digital Banking Platform Market by Component
8.1.2 Brazil Digital Banking Platform Market by Deployment Type
8.1.3 Brazil Digital Banking Platform Market by Type
8.1.4 Brazil Digital Banking Platform Market by Banking Mode
8.2 Argentina Digital Banking Platform Market
8.2.1 Argentina Digital Banking Platform Market by Component
8.2.2 Argentina Digital Banking Platform Market by Deployment Type
8.2.3 Argentina Digital Banking Platform Market by Type
8.2.4 Argentina Digital Banking Platform Market by Banking Mode
8.3 UAE Digital Banking Platform Market
8.3.1 UAE Digital Banking Platform Market by Component
8.3.2 UAE Digital Banking Platform Market by Deployment Type
8.3.3 UAE Digital Banking Platform Market by Type
8.3.4 UAE Digital Banking Platform Market by Banking Mode
8.4 Saudi Arabia Digital Banking Platform Market
8.4.1 Saudi Arabia Digital Banking Platform Market by Component
8.4.2 Saudi Arabia Digital Banking Platform Market by Deployment Type
8.4.3 Saudi Arabia Digital Banking Platform Market by Type
8.4.4 Saudi Arabia Digital Banking Platform Market by Banking Mode
8.5 South Africa Digital Banking Platform Market
8.5.1 South Africa Digital Banking Platform Market by Component
8.5.2 South Africa Digital Banking Platform Market by Deployment Type
8.5.3 South Africa Digital Banking Platform Market by Type
8.5.4 South Africa Digital Banking Platform Market by Banking Mode
8.6 Nigeria Digital Banking Platform Market
8.6.1 Nigeria Digital Banking Platform Market by Component
8.6.2 Nigeria Digital Banking Platform Market by Deployment Type
8.6.3 Nigeria Digital Banking Platform Market by Type
8.6.4 Nigeria Digital Banking Platform Market by Banking Mode
8.7 Rest of LAMEA Digital Banking Platform Market
8.7.1 Rest of LAMEA Digital Banking Platform Market by Component
8.7.2 Rest of LAMEA Digital Banking Platform Market by Deployment Type
8.7.3 Rest of LAMEA Digital Banking Platform Market by Type
8.7.4 Rest of LAMEA Digital Banking Platform Market by Banking Mode
Chapter 9. Company Profiles
9.1 Infosys Limited (EdgeVerve Systems)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Fidelity Information Services (FIS), Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.4.2 Acquisition and Mergers:
9.2.5 SWOT Analysis
9.3 Fiserv, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Partnerships, Collaborations, and Agreements:
9.3.4.2 Product Launches and Product Expansions:
9.3.4.3 Acquisition and Mergers:
9.3.5 SWOT Analysis
9.4 Oracle Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.5.2 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 SAP SE
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Temenos AG
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.4.2 Product Launches and Product Expansions:
9.6.4.3 Acquisition and Mergers:
9.6.5 SWOT Analysis
9.7 The Bank of New York Mellon Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Partnerships, Collaborations, and Agreements:
9.7.4.2 Product Launches and Product Expansions:
9.8 Appway AG
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Product Launches and Product Expansions:
9.9 COR Financial Solutions Ltd.
9.9.1 Company Overview
9.1 VSoft Corporation
9.10.1 Company overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:
TABLE 1 LAMEA Digital Banking Platform Market, 2016 - 2019, USD Million
TABLE 2 LAMEA Digital Banking Platform Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Digital Banking Platform Market
TABLE 4 Product Launches And Product Expansions– Digital Banking Platform Market
TABLE 5 Mergers & Acquisitions – Digital Banking Platform Market
TABLE 6 LAMEA Digital Banking Platform Market by Component, 2016 - 2019, USD Million
TABLE 7 LAMEA Digital Banking Platform Market by Component, 2020 - 2026, USD Million
TABLE 8 LAMEA Digital Banking Platform Solution Market by Country, 2016 - 2019, USD Million
TABLE 9 LAMEA Digital Banking Platform Solution Market by Country, 2020 - 2026, USD Million
TABLE 10 LAMEA Digital Banking Platform Services Market by Country, 2016 - 2019, USD Million
TABLE 11 LAMEA Digital Banking Platform Services Market by Country, 2020 - 2026, USD Million
TABLE 12 LAMEA Digital Banking Platform Market by Deployment Type, 2016 - 2019, USD Million
TABLE 13 LAMEA Digital Banking Platform Market by Deployment Type, 2020 - 2026, USD Million
TABLE 14 LAMEA On-premise Digital Banking Platform Market by Country, 2016 - 2019, USD Million
TABLE 15 LAMEA On-premise Digital Banking Platform Market by Country, 2020 - 2026, USD Million
TABLE 16 LAMEA Cloud Digital Banking Platform Market by Country, 2016 - 2019, USD Million
TABLE 17 LAMEA Cloud Digital Banking Platform Market by Country, 2020 - 2026, USD Million
TABLE 18 LAMEA Digital Banking Platform Market by Type, 2016 - 2019, USD Million
TABLE 19 LAMEA Digital Banking Platform Market by Type, 2020 - 2026, USD Million
TABLE 20 LAMEA Retail Banking Digital Banking Platform Market by Country, 2016 - 2019, USD Million
TABLE 21 LAMEA Retail Banking Digital Banking Platform Market by Country, 2020 - 2026, USD Million
TABLE 22 LAMEA Corporate Banking Digital Banking Platform Market by Country, 2016 - 2019, USD Million
TABLE 23 LAMEA Corporate Banking Digital Banking Platform Market by Country, 2020 - 2026, USD Million
TABLE 24 LAMEA Digital Banking Platform Market by Banking Mode, 2016 - 2019, USD Million
TABLE 25 LAMEA Digital Banking Platform Market by Banking Mode, 2020 - 2026, USD Million
TABLE 26 LAMEA Online Banking Digital Banking Platform Market by Country, 2016 - 2019, USD Million
TABLE 27 LAMEA Online Banking Digital Banking Platform Market by Country, 2020 - 2026, USD Million
TABLE 28 LAMEA Mobile Banking Digital Banking Platform Market by Country, 2016 - 2019, USD Million
TABLE 29 LAMEA Mobile Banking Digital Banking Platform Market by Country, 2020 - 2026, USD Million
TABLE 30 LAMEA Digital Banking Platform Market by Country, 2016 - 2019, USD Million
TABLE 31 LAMEA Digital Banking Platform Market by Country, 2020 - 2026, USD Million
TABLE 32 Brazil Digital Banking Platform Market, 2016 - 2019, USD Million
TABLE 33 Brazil Digital Banking Platform Market, 2020 - 2026, USD Million
TABLE 34 Brazil Digital Banking Platform Market by Component, 2016 - 2019, USD Million
TABLE 35 Brazil Digital Banking Platform Market by Component, 2020 - 2026, USD Million
TABLE 36 Brazil Digital Banking Platform Market by Deployment Type, 2016 - 2019, USD Million
TABLE 37 Brazil Digital Banking Platform Market by Deployment Type, 2020 - 2026, USD Million
TABLE 38 Brazil Digital Banking Platform Market by Type, 2016 - 2019, USD Million
TABLE 39 Brazil Digital Banking Platform Market by Type, 2020 - 2026, USD Million
TABLE 40 Brazil Digital Banking Platform Market by Banking Mode, 2016 - 2019, USD Million
TABLE 41 Brazil Digital Banking Platform Market by Banking Mode, 2020 - 2026, USD Million
TABLE 42 Argentina Digital Banking Platform Market, 2016 - 2019, USD Million
TABLE 43 Argentina Digital Banking Platform Market, 2020 - 2026, USD Million
TABLE 44 Argentina Digital Banking Platform Market by Component, 2016 - 2019, USD Million
TABLE 45 Argentina Digital Banking Platform Market by Component, 2020 - 2026, USD Million
TABLE 46 Argentina Digital Banking Platform Market by Deployment Type, 2016 - 2019, USD Million
TABLE 47 Argentina Digital Banking Platform Market by Deployment Type, 2020 - 2026, USD Million
TABLE 48 Argentina Digital Banking Platform Market by Type, 2016 - 2019, USD Million
TABLE 49 Argentina Digital Banking Platform Market by Type, 2020 - 2026, USD Million
TABLE 50 Argentina Digital Banking Platform Market by Banking Mode, 2016 - 2019, USD Million
TABLE 51 Argentina Digital Banking Platform Market by Banking Mode, 2020 - 2026, USD Million
TABLE 52 UAE Digital Banking Platform Market, 2016 - 2019, USD Million
TABLE 53 UAE Digital Banking Platform Market, 2020 - 2026, USD Million
TABLE 54 UAE Digital Banking Platform Market by Component, 2016 - 2019, USD Million
TABLE 55 UAE Digital Banking Platform Market by Component, 2020 - 2026, USD Million
TABLE 56 UAE Digital Banking Platform Market by Deployment Type, 2016 - 2019, USD Million
TABLE 57 UAE Digital Banking Platform Market by Deployment Type, 2020 - 2026, USD Million
TABLE 58 UAE Digital Banking Platform Market by Type, 2016 - 2019, USD Million
TABLE 59 UAE Digital Banking Platform Market by Type, 2020 - 2026, USD Million
TABLE 60 UAE Digital Banking Platform Market by Banking Mode, 2016 - 2019, USD Million
TABLE 61 UAE Digital Banking Platform Market by Banking Mode, 2020 - 2026, USD Million
TABLE 62 Saudi Arabia Digital Banking Platform Market, 2016 - 2019, USD Million
TABLE 63 Saudi Arabia Digital Banking Platform Market, 2020 - 2026, USD Million
TABLE 64 Saudi Arabia Digital Banking Platform Market by Component, 2016 - 2019, USD Million
TABLE 65 Saudi Arabia Digital Banking Platform Market by Component, 2020 - 2026, USD Million
TABLE 66 Saudi Arabia Digital Banking Platform Market by Deployment Type, 2016 - 2019, USD Million
TABLE 67 Saudi Arabia Digital Banking Platform Market by Deployment Type, 2020 - 2026, USD Million
TABLE 68 Saudi Arabia Digital Banking Platform Market by Type, 2016 - 2019, USD Million
TABLE 69 Saudi Arabia Digital Banking Platform Market by Type, 2020 - 2026, USD Million
TABLE 70 Saudi Arabia Digital Banking Platform Market by Banking Mode, 2016 - 2019, USD Million
TABLE 71 Saudi Arabia Digital Banking Platform Market by Banking Mode, 2020 - 2026, USD Million
TABLE 72 South Africa Digital Banking Platform Market, 2016 - 2019, USD Million
TABLE 73 South Africa Digital Banking Platform Market, 2020 - 2026, USD Million
TABLE 74 South Africa Digital Banking Platform Market by Component, 2016 - 2019, USD Million
TABLE 75 South Africa Digital Banking Platform Market by Component, 2020 - 2026, USD Million
TABLE 76 South Africa Digital Banking Platform Market by Deployment Type, 2016 - 2019, USD Million
TABLE 77 South Africa Digital Banking Platform Market by Deployment Type, 2020 - 2026, USD Million
TABLE 78 South Africa Digital Banking Platform Market by Type, 2016 - 2019, USD Million
TABLE 79 South Africa Digital Banking Platform Market by Type, 2020 - 2026, USD Million
TABLE 80 South Africa Digital Banking Platform Market by Banking Mode, 2016 - 2019, USD Million
TABLE 81 South Africa Digital Banking Platform Market by Banking Mode, 2020 - 2026, USD Million
TABLE 82 Nigeria Digital Banking Platform Market, 2016 - 2019, USD Million
TABLE 83 Nigeria Digital Banking Platform Market, 2020 - 2026, USD Million
TABLE 84 Nigeria Digital Banking Platform Market by Component, 2016 - 2019, USD Million
TABLE 85 Nigeria Digital Banking Platform Market by Component, 2020 - 2026, USD Million
TABLE 86 Nigeria Digital Banking Platform Market by Deployment Type, 2016 - 2019, USD Million
TABLE 87 Nigeria Digital Banking Platform Market by Deployment Type, 2020 - 2026, USD Million
TABLE 88 Nigeria Digital Banking Platform Market by Type, 2016 - 2019, USD Million
TABLE 89 Nigeria Digital Banking Platform Market by Type, 2020 - 2026, USD Million
TABLE 90 Nigeria Digital Banking Platform Market by Banking Mode, 2016 - 2019, USD Million
TABLE 91 Nigeria Digital Banking Platform Market by Banking Mode, 2020 - 2026, USD Million
TABLE 92 Rest of LAMEA Digital Banking Platform Market, 2016 - 2019, USD Million
TABLE 93 Rest of LAMEA Digital Banking Platform Market, 2020 - 2026, USD Million
TABLE 94 Rest of LAMEA Digital Banking Platform Market by Component, 2016 - 2019, USD Million
TABLE 95 Rest of LAMEA Digital Banking Platform Market by Component, 2020 - 2026, USD Million
TABLE 96 Rest of LAMEA Digital Banking Platform Market by Deployment Type, 2016 - 2019, USD Million
TABLE 97 Rest of LAMEA Digital Banking Platform Market by Deployment Type, 2020 - 2026, USD Million
TABLE 98 Rest of LAMEA Digital Banking Platform Market by Type, 2016 - 2019, USD Million
TABLE 99 Rest of LAMEA Digital Banking Platform Market by Type, 2020 - 2026, USD Million
TABLE 100 Rest of LAMEA Digital Banking Platform Market by Banking Mode, 2016 - 2019, USD Million
TABLE 101 Rest of LAMEA Digital Banking Platform Market by Banking Mode, 2020 - 2026, USD Million
TABLE 102 Key Information – Infosys Limited
TABLE 103 Key Information – Fidelity Information Services (FIS), Inc.
TABLE 104 Key Information –Fiserv, Inc.
TABLE 105 Key Information – Oracle Corporation
TABLE 106 Key Information – SAP SE
TABLE 107 Key Information – Temenos AG
TABLE 108 Key Information – The Bank of New York Mellon Corporation
TABLE 109 Key Information – Appway AG
TABLE 110 Key Information – COR Financial Solutions Ltd.
TABLE 111 Key Information – VSoft Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Nov – 2020, Jun) Leading Players
FIG 5 Recent strategies and developments: Infosys Limited
FIG 6 SWOT Analysis: Infosys Limited
FIG 7 Recent strategies and developments: Fidelity Information Services (FIS), Inc.
FIG 8 Swot analysis: fidelity information services (fis), inc.
FIG 9 Recent strategies and developments: Fiserv, Inc.
FIG 10 SWOT Analysis: Fiserv, Inc.
FIG 11 Recent strategies and developments: Oracle Corporation
FIG 12 SWOT analysis: Oracle Corporation
FIG 13 SWOT Analysis: SAP SE
FIG 14 Recent strategies and developments: Temenos AG
FIG 15 SWOT Analysis: Temenos AG
FIG 16 Recent strategies and developments: The Bank of New York Mellon Corporation
FIG 17 Recent strategies and developments: Appway AG
FIG 18 Recent strategies and developments: VSoft Corporation