The report offers detailed coverage of Retail Core Banking Systems industry and main market trends. We defines a core banking system (CBS) as a back-end system that processes daily banking transactions and posts updates to accounts and other financial records. CBSs typically include deposit, loan and credit processing capabilities, with interfaces to general ledger systems and reporting tools. This market assesses CBS vendors based on the multicurrency products they offer in support of a banks financial transaction management in the retail banking market.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Retail Core Banking Systems by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Retail Core Banking Systems market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Retail Core Banking Systems market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Retail Core Banking Systems market for 2015-2027.
Key Companies
Temenos
EdgeVerve
Oracle
Tata Consultancy
Services
Fiserv
FIS Global
Intellect Design Arena
Sopra Steria
Finastra
Jack Henry & Associates
Avaloq
BML Istisharat
Symitar
SAP
Intertech
Exictos
InfrasoftTech
At the same time, we classify Retail Core Banking Systems according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
On-Premises
Managed
Hybrid
Market by Application
Web-Based
Installed
iOS
Android
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Retail Core Banking Systems market for the forecast period 2021 - 2027?
• What are the driving forces in the Retail Core Banking Systems market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Retail Core Banking Systems industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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