Open Banking Solutions Market Size, Share, Growth & Trend Analysis Report
Sheetal2316 Jul, 2024Technology
The Open Banking Solutions market size was valued at USD 5.5 billion in 2023 and is anticipated to grow at CAGR of 16.0% between 2023 and 2028, attributed to the growing revenue of $11.7 billion by 2028. 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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