Third-Party Banking Software Market Size to Grow USD 16620 Million by 2029 at a CAGR of 8.8% | Valuates Reports
BANGALORE, India, Jan. 16, 2024 /PRNewswire/ -- The Third-Party Banking Software Market is Segmented by Type ( Core Banking Software , Multi-Channel Banking Software, BI Software , Private Wealth Management Software ), by Application ( Risk Management , Information Security, Business Intelligence , Training and Consulting Solutions).
- BANGALORE, India, Jan. 16, 2024 /PRNewswire/ -- The Third-Party Banking Software Market is Segmented by Type ( Core Banking Software , Multi-Channel Banking Software, BI Software , Private Wealth Management Software ), by Application ( Risk Management , Information Security, Business Intelligence , Training and Consulting Solutions).
- The Global Third-Party Banking Software Market is projected to grow from USD 10050 Million in 2023 to USD 16620 Million by 2029, at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period.
- The need for regulatory technology (RegTech) solutions in third-party banking software has been driven by strict regulatory requirements and the increasing intricacy of compliance.
- Third-party banking software companies now have more prospects as a result of the global expansion of open banking initiatives.