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Core Banking Statistics 2023: Facts about Core Banking outlines the context of what’s happening in the tech world.
LLCBuddy editorial team did hours of research, collected all important statistics on Core Banking, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂
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On this page, you’ll learn about the following:
Top Core Banking Statistics 2023
☰ Use “CTRL+F” to quickly find statistics. There are total 10 Core Banking Statistics on this page 🙂Core Banking “Latest” Statistics
- The global core banking market is anticipated to expand at a CAGR of 18.3%, from 12.51 billion in 2022 to 40.67 billion by 2029.[1]
- In 2021, North America had 4.90 billion in revenue from the global core banking software.[1]
- In 2020, there was a 14.9% decline in the global market compared to 2019.[1]
- With 33.7%, the large banks market is expected to exhibit the highest market share.[1]
- In 2021, the global core banking was valued at 10.80 billion, according to Fortune Business Insights.[1]
- The market for core banking software is to expand at 18% CAGR through 2028; access to formal banking systems must be improved in emerging economies to support the market.[2]
- The size of the worldwide market for core banking software is expected to reach 34.48 billion by 2028, growing at a CAGR of 18% over the anticipated period.[2]
- In 2022, the major banks market maintained a commanding position of 34.3% globally and a share of 35.8% in the U.S. market.[2]
- In 2021, the core banking software market grew by 15.1% and reached a value of 10.84 billion.[2]
- From 2022 to 2023, the market for core banking software is expected to increase at a compound annual growth rate of 8.9%, reaching 21.61 billion by 2030.[3]
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Reference
- fortunebusinessinsights – https://www.fortunebusinessinsights.com/core-banking-software-market-104392
- globenewswire – https://www.globenewswire.com/en/news-release/2021/10/28/2322512/0/en/Core-Banking-Software-Market-to-Surge-at-18-0-CAGR-till-2028-Improving-Access-to-Formal-Banking-Systems-in-Emerging-Economies-to-Boost-the-Market-Fortune-Business-Insights.html
- grandviewresearch – https://www.grandviewresearch.com/industry-analysis/core-banking-software-market
