세계의 코어 뱅킹 소프트웨어 시장 규모, 점유율, 성장 분석, 솔루션별, 서비스별, 배포별, 최종 용도별, 지역별 시장 규모, 점유율, 성장 분석 - 산업 예측(2024-2031년)

Global Core Banking Software Market size was valued at USD 10.7 billion in 2022 and is poised to grow from USD 11.68 billion in 2023 to USD 23.63 billion by 2031, growing at a CAGR of 9.20% during the forecast period (2024-2031).

The core banking software market is poised for significant growth, driven by the increasing demand for modernized banking solutions and the accelerated adoption of cloud-based systems. As banks strive to enhance their digital transformation strategies, core banking systems play a crucial role in processing daily transactions, maintaining accurate financial records, and improving transaction monitoring. The COVID-19 pandemic highlighted the limitations of traditional transaction processing methods, prompting a shift towards more efficient and advanced solutions. Although the market experienced a temporary downturn during the pandemic, major players in the industry quickly pivoted to invest in innovative software development to address the evolving needs of financial institutions. This proactive approach is expected to fuel the growth of the global core banking software market, with the US segment specifically set to maintain a sustainable compound annual growth rate (CAGR) in the coming forecast years. As banks continue to embrace technological advancements and seek to improve operational efficiency, the demand for effective core banking systems will only intensify, ensuring a robust market landscape moving forward.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Core Banking Software market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Core Banking Software Market Segmental Analysis

Global Core Banking Software Market is segmented by Solution, Service, Deployment, End Use, and region. Based on Solution, the market is segmented into Deposits, Loans, Enterprise Customer Solutions, and Others. Based on Service, the market is segmented into Professional Service, and Managed Service. Based on Deployment, the market is segmented into Cloud, and On-premises. Based on End Use, the market is segmented into Banks, Financial Institutions, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Core Banking Software Market

The rapid technological advancements and the integration of cloud-based technologies are pivotal market drivers for the Global Core Banking Software market. As organizations increasingly adopt Software as a Service (SaaS) solutions to facilitate efficient transaction processing, the demand for robust core banking systems rises. Furthermore, the growing population and subsequent increase in employment scenarios have heightened the need for banking services, leading to a surge in bank account usage. This, in turn, intensifies the focus on security to mitigate fraudulent activities in transactions. Such factors are expected to significantly drive market growth throughout the forecast period, emphasizing the necessity for advanced core banking solutions.

Restraints in the Global Core Banking Software Market

The increasing prevalence of core banking software raises significant privacy concerns among customers, particularly regarding the security of sensitive financial transactions. Many banks utilize public cloud systems for processing, which are perceived as inadequately protected, heightening fears of data breaches and unauthorized access. This lack of trust in the security measures of core banking solutions can deter potential users from adopting such technologies, thus stunting market growth. As safeguarding customer data becomes paramount, financial institutions may prioritize investing in robust security measures over expanding core banking software capabilities, ultimately restraining the development and adoption of innovative solutions in the global core banking software market.

Market Trends of the Global Core Banking Software Market

The Global Core Banking Software market is witnessing a significant transformation, driven by the rapid adoption of advanced technologies such as artificial intelligence (AI), big data, and cloud computing. These innovations enhance the banking experience by improving visualization capabilities, streamlining customer interactions, and simplifying complex data analysis. This technological integration not only boosts communication but also strengthens security measures within financial institutions. AI-powered core banking solutions offer real-time insights, bolster network security, and accelerate the digitalization of services, resulting in superior customer experiences. As market participants forge partnerships to develop groundbreaking solutions, the demand for these technologies is set to proliferate, unlocking myriad opportunities in the evolving banking landscape.

Table of Contents

Introduction

• Objectives of the Study
• Definitions
• Market Scope

Research Methodology

• Information Procurement
• Secondary & Primary Data Sources
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Market Overview Outlook
• Supply Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Dynamics
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of Substitute Products
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Bargaining Power of Suppliers

Key Market Insights

• Technology Analysis
• Pricing Analysis
• Value Chain Analysis
• Ecosystem of the Market
• Trade Analysis
• Supply chain Analysis
• Case study Analysis
• Patent Analysis
• Customer & Buying Criteria Analysis
• Regulatory Landscape
• Innovation Matrix
• Top Investment Analysis
• Key Success Factor
• Degree of Competition

Core Banking Software Market by Solution

• Market Overview
• Deposits
• Loans
• Enterprise Customer Solutions
• Others

Core Banking Software Market by Service

• Market Overview
• Professional Service
• Managed Service

Core Banking Software Market by Deployment

• Market Overview
• Cloud
• On-premises

Core Banking Software Market by End Use

• Market Overview
• Banks
• Financial Institutions
• Others

Core Banking Software Market Size by Region

• Market Overview
• North America
  • USA
  • Canada
• Europe
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East & Africa (MEA)
  • GCC Countries
  • South Africa
  • Rest of MEA

Competitive Landscape

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Activities in the Market
• Key Companies Market Share (%), 2023

Key Company Profiles

• Capgemini (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• FIS (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fiserv, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HCL Technologies Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Infosys Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jack Henry & Associates, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Oracle Corporation (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Temenos Group (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Unisys (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SAP SE (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NCR Corporation (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TCS BaNCS (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Intellect Design Arena (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Liferay, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mambu (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bankware Global (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ThoughtWorks (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ellucian (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cenique (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Temenos AG (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Deloitte (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nucleus Software (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments