Open Banking Solutions Market Growth, Opportunities Business Scenario, Share, Growth Size, Scope, Ke
Sheetal2316 Jul, 2024Technology
The Open banking solutions market is anticipated to expand at a Compound Annual Growth Rate (CAGR) of 16.0% from USD 5.5 billion in 2023 to USD 11.7 billion in 2028 throughout the forecast period. An urge to shift to digital banking platforms and digital lending, from traditional practices, strict adherence and compliance to regulatory and government-led reporting standards across verticals and regions, demand for user experience centricity across verticals, digitalization, and automation are expected to drive the growth of the global Open banking solutions market.
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