Open Banking Solutions Market Size, Trends Report and Forecast to 2028
Sheetal2316 Jul, 2024Technology
The Open Banking Solutions Market size is expected to grow from USD 5.5 billion in 2023 to USD 11.7 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.0% during the forecast period, according to new research report by MarketsandMarkets? Stringent regulations like PSD2 and CMA Order drive adoption of the market, innovations in APIs, data analytics, and cybersecurity, and Fintech companies offering agile solutions that disrupt traditional banking models are a few fundamental driving forces to leverage Open Banking solutions adoption across verticals and regions.
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