digital banking platforms market Outlook, Demand Overview and Business Key Players

Jonytoal19 Sep, 2023Business

The digital banking platforms market is gaining traction due to the increasing adoption of smartphones is contributing to the growth of the digital banking platforms market. Countries such as India, Indonesia, South Africa, and China have seen high growth in smartphone sales in the last few years. According to the GSM Association (GSMA) Mobile Economy 2020 report, there will be 7.1 billion smartphone connections by 2025 from 5.2 billion in 2019. The adoption rate would increase from 65% to 80% by 2025.