Global Neobanking Market Report, Latest Trends, Industry Opportunity & Forecast to 2028
The new Neobanking Market report offers a comprehensive study of the current scenario of the market including major market dynamics. Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country. Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the neobanking market include Atom Bank PLC, Fidor Bank Ag, Monzo Bank Limited, Movencorp Inc., Mybank, N26, Revolut Ltd., Simple Finance Technology Corporation, Ubank Limited, and Webank Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market
Dynamics
The neobanking market shows a robust growth
rate during the forecast period. The growing adoption of technologies in
banking services to facilitate digital transactions and customized services is
one of the primary factors that drive the market of neobanking. The increasing
preference for online banking and e-wallets among consumers and the popularity
of smartphones and internet services add to the neobanking market growth.
Neobanking helps to obtain important business information as it can collect
data, and based on that, it analyzes customer behavior and predicts a pattern.
So, business organizations across the world adopt neobanking to make business
decisions. It also features artificial intelligence and chatbot facilities to
offer easy and active customer support. The key players are providing
user-specific services to streamline their finances. This saves time and money
in operations and makes the approval process automated, fast, and transparent.
So, to ensure easy, cost-effective, customized banking services, there is
growing adoption of neobanking services across organizations, which is another
driver of growth.
The research report covers Porter’s Five
Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These
tools help to get a clear picture of the industry’s structure and evaluate the
competition attractiveness at a global level. Additionally, these tools also
give an inclusive assessment of each segment in the global market of
neobanking. The growth and trends of neobanking industry provide a holistic
approach to this study.
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Market
Segmentation
This section of the neobanking market
report provides detailed data on the segments at country and regional level,
thereby assisting the strategist in identifying the target demographics for the
respective product or services with the upcoming opportunities.
By
Account Type
·
Business Account
·
Savings Account
By Application
·
Enterprises
·
Personal
·
Others
Regional
Analysis
This section covers the regional outlook,
which accentuates current and future demand for the Neobanking market across
North America, Europe, Asia-Pacific, Latin America, and Middle East &
Africa. Further, the report focuses on demand, estimation, and forecast for
individual application segments across all the prominent regions.
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