The Europe Retail Core Banking Solution Market would witness market growth of 9.6% CAGR during the forecast period (2022-2028).
In the banking industry, several technologies have seen growing acceptance, notably blockchain, chatbots, artificial intelligence, machine learning, robotic process automation (R.P.A.), data analytics, and cloud computing. Additionally, banks may effectively evaluate their customer base while enabling customers to do standard banking operations by utilizing core banking technologies.
Therefore, many banks are deploying core banking technology to modernize banking functionality to give more integrated & value-added services. As a result, the adoption and implementation of these solutions by banks are driving the growth of the retail core banking solution market. Customers who do banking nowadays are recognized as less dependable, pickier, and more accustomed to the whole range of digital banking services, from self-service to automated wealth advising.
Furthermore, the banks are seriously threatened by the cost, consumer expectations, conventional competitors, and fintech factors. In order to compete with increased expectations, the focus has shifted to providing new and enhanced experiences and more excellent value for both consumers and staff. IoT is one of the technologies that banks are utilizing. Banks are investigating how IoT may help create goods that correspond to client requests amid a significant digital upheaval. Owing to an increased emphasis on customer centricity, a few of the biggest banks in the world are restructuring their front offices.
Since of cost savings and economies of scale, cloud technology has fundamentally altered how firms operate in various end-user industries. The increased use of cloud services throughout Europe is driving up cloud traffic. By utilizing cloud-based services, many banks choose to reduce the cost of the I.T. infrastructure required for on-Premise setup. This enables them to deploy new products and scale infrastructure quickly, cater to a more extensive customer base with various needs, and manage real-time payments that are rapidly increasing while maintaining compliance and security standards.
The Germany market dominated the Europe Retail Core Banking Solution Market by Country in 2021; thereby, achieving a market value of $539.7 million by 2028. The UK market is exhibiting a CAGR of 8.7% during (2022 - 2028). Additionally, The France market would experience a CAGR of 10.4% during (2022 - 2028).
Based on Component, the market is segmented into Solution (Without Services) and Services. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Application, the market is segmented into Regulatory Compliance, Risk Management, Digital Banking, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Retail Core Banking Solution Market will Hit $7.4 Billion by 2028, at a CAGR of 9.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, Fiserv, Inc., Temenos AG, Tata Consultancy Services Limited, SAP SE, Infosys Limited, Fidelity National Information Services, Inc. (FIS), Kiya.ai, Jack Henry & Associates, Inc. and Silverlake Axis Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution (Without Services)
- Services
By Deployment Mode
By Organization Size
By Application
- Regulatory Compliance
- Risk Management
- Digital Banking
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation
- Fiserv, Inc.
- Temenos AG
- Tata Consultancy Services Limited
- SAP SE
- Infosys Limited
- Fidelity National Information Services, Inc. (FIS)
- Kiya.ai
- Jack Henry & Associates, Inc.
- Silverlake Axis Ltd
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Retail Core Banking Solution Market, by Component
1.4.2 Europe Retail Core Banking Solution Market, by Deployment Mode
1.4.3 Europe Retail Core Banking Solution Market, by Organization Size
1.4.4 Europe Retail Core Banking Solution Market, by Application
1.4.5 Europe Retail Core Banking Solution Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Jan – 2022, Aug) Leading Players
Chapter 4. Europe Retail Core Banking Solution Market by Component
4.1 Europe Solution (Without Services) Market by Country
4.2 Europe Services Market by Country
Chapter 5. Europe Retail Core Banking Solution Market by Deployment Mode
5.1 Europe Cloud Market by Country
5.2 Europe On-premise Market by Country
Chapter 6. Europe Retail Core Banking Solution Market by Organization Size
6.1 Europe Large Enterprises Market by Country
6.2 Europe SMEs Market by Country
Chapter 7. Europe Retail Core Banking Solution Market by Application
7.1 Europe Regulatory Compliance Market by Country
7.2 Europe Risk Management Market by Country
7.3 Europe Digital Banking Market by Country
7.4 Europe Others Market by Country
Chapter 8. Europe Retail Core Banking Solution Market by Country
8.1 Germany Retail Core Banking Solution Market
8.1.1 Germany Retail Core Banking Solution Market by Component
8.1.2 Germany Retail Core Banking Solution Market by Deployment Mode
8.1.3 Germany Retail Core Banking Solution Market by Organization Size
8.1.4 Germany Retail Core Banking Solution Market by Application
8.2 UK Retail Core Banking Solution Market
8.2.1 UK Retail Core Banking Solution Market by Component
8.2.2 UK Retail Core Banking Solution Market by Deployment Mode
8.2.3 UK Retail Core Banking Solution Market by Organization Size
8.2.4 UK Retail Core Banking Solution Market by Application
8.3 France Retail Core Banking Solution Market
8.3.1 France Retail Core Banking Solution Market by Component
8.3.2 France Retail Core Banking Solution Market by Deployment Mode
8.3.3 France Retail Core Banking Solution Market by Organization Size
8.3.4 France Retail Core Banking Solution Market by Application
8.4 Russia Retail Core Banking Solution Market
8.4.1 Russia Retail Core Banking Solution Market by Component
8.4.2 Russia Retail Core Banking Solution Market by Deployment Mode
8.4.3 Russia Retail Core Banking Solution Market by Organization Size
8.4.4 Russia Retail Core Banking Solution Market by Application
8.5 Spain Retail Core Banking Solution Market
8.5.1 Spain Retail Core Banking Solution Market by Component
8.5.2 Spain Retail Core Banking Solution Market by Deployment Mode
8.5.3 Spain Retail Core Banking Solution Market by Organization Size
8.5.4 Spain Retail Core Banking Solution Market by Application
8.6 Italy Retail Core Banking Solution Market
8.6.1 Italy Retail Core Banking Solution Market by Component
8.6.2 Italy Retail Core Banking Solution Market by Deployment Mode
8.6.3 Italy Retail Core Banking Solution Market by Organization Size
8.6.4 Italy Retail Core Banking Solution Market by Application
8.7 Rest of Europe Retail Core Banking Solution Market
8.7.1 Rest of Europe Retail Core Banking Solution Market by Component
8.7.2 Rest of Europe Retail Core Banking Solution Market by Deployment Mode
8.7.3 Rest of Europe Retail Core Banking Solution Market by Organization Size
8.7.4 Rest of Europe Retail Core Banking Solution Market by Application
Chapter 9. Company Profiles
9.1 Temenos AG
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Product Launches and Product Expansions:
9.1.5 SWOT Analysis
9.2 Fiserv, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.4.2 Acquisition and Mergers:
9.2.5 SWOT Analysis
9.3 Tata Consultancy Services Ltd.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Infosys Limited
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Oracle Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 SAP SE
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 Jack Henry & Associates, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Research & Development Expenses
9.8 Fidelity National Information Services, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Recent strategies and developments:
9.8.4.1 Partnerships, Collaborations, and Agreements:
9.8.4.2 Product Launches and Product Expansions:
9.9 Silverlake Axis Ltd.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Partnerships, Collaborations, and Agreements:
9.9.4.2 Acquisition and Mergers:
9.10. Kiya.ai
9.10.1 Company Overview
TABLE 1 Europe Retail Core Banking Solution Market, 2018 - 2021, USD Million
TABLE 2 Europe Retail Core Banking Solution Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Retail Core Banking Solution Market
TABLE 4 Product Launches And Product Expansions– Retail Core Banking Solution Market
TABLE 5 Acquisition and Mergers– Retail Core Banking Solution Market
TABLE 6 Europe Retail Core Banking Solution Market by Component, 2018 - 2021, USD Million
TABLE 7 Europe Retail Core Banking Solution Market by Component, 2022 - 2028, USD Million
TABLE 8 Europe Solution (Without Services) Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Solution (Without Services) Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Retail Core Banking Solution Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 13 Europe Retail Core Banking Solution Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 14 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe On-premise Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe On-premise Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Retail Core Banking Solution Market by Organization Size, 2018 - 2021, USD Million
TABLE 19 Europe Retail Core Banking Solution Market by Organization Size, 2022 - 2028, USD Million
TABLE 20 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe SMEs Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe SMEs Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Retail Core Banking Solution Market by Application, 2018 - 2021, USD Million
TABLE 25 Europe Retail Core Banking Solution Market by Application, 2022 - 2028, USD Million
TABLE 26 Europe Regulatory Compliance Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Regulatory Compliance Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Risk Management Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Risk Management Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe Digital Banking Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Digital Banking Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 34 Europe Retail Core Banking Solution Market by Country, 2018 - 2021, USD Million
TABLE 35 Europe Retail Core Banking Solution Market by Country, 2022 - 2028, USD Million
TABLE 36 Germany Retail Core Banking Solution Market, 2018 - 2021, USD Million
TABLE 37 Germany Retail Core Banking Solution Market, 2022 - 2028, USD Million
TABLE 38 Germany Retail Core Banking Solution Market by Component, 2018 - 2021, USD Million
TABLE 39 Germany Retail Core Banking Solution Market by Component, 2022 - 2028, USD Million
TABLE 40 Germany Retail Core Banking Solution Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 41 Germany Retail Core Banking Solution Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 42 Germany Retail Core Banking Solution Market by Organization Size, 2018 - 2021, USD Million
TABLE 43 Germany Retail Core Banking Solution Market by Organization Size, 2022 - 2028, USD Million
TABLE 44 Germany Retail Core Banking Solution Market by Application, 2018 - 2021, USD Million
TABLE 45 Germany Retail Core Banking Solution Market by Application, 2022 - 2028, USD Million
TABLE 46 UK Retail Core Banking Solution Market, 2018 - 2021, USD Million
TABLE 47 UK Retail Core Banking Solution Market, 2022 - 2028, USD Million
TABLE 48 UK Retail Core Banking Solution Market by Component, 2018 - 2021, USD Million
TABLE 49 UK Retail Core Banking Solution Market by Component, 2022 - 2028, USD Million
TABLE 50 UK Retail Core Banking Solution Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 51 UK Retail Core Banking Solution Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 52 UK Retail Core Banking Solution Market by Organization Size, 2018 - 2021, USD Million
TABLE 53 UK Retail Core Banking Solution Market by Organization Size, 2022 - 2028, USD Million
TABLE 54 UK Retail Core Banking Solution Market by Application, 2018 - 2021, USD Million
TABLE 55 UK Retail Core Banking Solution Market by Application, 2022 - 2028, USD Million
TABLE 56 France Retail Core Banking Solution Market, 2018 - 2021, USD Million
TABLE 57 France Retail Core Banking Solution Market, 2022 - 2028, USD Million
TABLE 58 France Retail Core Banking Solution Market by Component, 2018 - 2021, USD Million
TABLE 59 France Retail Core Banking Solution Market by Component, 2022 - 2028, USD Million
TABLE 60 France Retail Core Banking Solution Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 61 France Retail Core Banking Solution Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 62 France Retail Core Banking Solution Market by Organization Size, 2018 - 2021, USD Million
TABLE 63 France Retail Core Banking Solution Market by Organization Size, 2022 - 2028, USD Million
TABLE 64 France Retail Core Banking Solution Market by Application, 2018 - 2021, USD Million
TABLE 65 France Retail Core Banking Solution Market by Application, 2022 - 2028, USD Million
TABLE 66 Russia Retail Core Banking Solution Market, 2018 - 2021, USD Million
TABLE 67 Russia Retail Core Banking Solution Market, 2022 - 2028, USD Million
TABLE 68 Russia Retail Core Banking Solution Market by Component, 2018 - 2021, USD Million
TABLE 69 Russia Retail Core Banking Solution Market by Component, 2022 - 2028, USD Million
TABLE 70 Russia Retail Core Banking Solution Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 71 Russia Retail Core Banking Solution Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 72 Russia Retail Core Banking Solution Market by Organization Size, 2018 - 2021, USD Million
TABLE 73 Russia Retail Core Banking Solution Market by Organization Size, 2022 - 2028, USD Million
TABLE 74 Russia Retail Core Banking Solution Market by Application, 2018 - 2021, USD Million
TABLE 75 Russia Retail Core Banking Solution Market by Application, 2022 - 2028, USD Million
TABLE 76 Spain Retail Core Banking Solution Market, 2018 - 2021, USD Million
TABLE 77 Spain Retail Core Banking Solution Market, 2022 - 2028, USD Million
TABLE 78 Spain Retail Core Banking Solution Market by Component, 2018 - 2021, USD Million
TABLE 79 Spain Retail Core Banking Solution Market by Component, 2022 - 2028, USD Million
TABLE 80 Spain Retail Core Banking Solution Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 81 Spain Retail Core Banking Solution Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 82 Spain Retail Core Banking Solution Market by Organization Size, 2018 - 2021, USD Million
TABLE 83 Spain Retail Core Banking Solution Market by Organization Size, 2022 - 2028, USD Million
TABLE 84 Spain Retail Core Banking Solution Market by Application, 2018 - 2021, USD Million
TABLE 85 Spain Retail Core Banking Solution Market by Application, 2022 - 2028, USD Million
TABLE 86 Italy Retail Core Banking Solution Market, 2018 - 2021, USD Million
TABLE 87 Italy Retail Core Banking Solution Market, 2022 - 2028, USD Million
TABLE 88 Italy Retail Core Banking Solution Market by Component, 2018 - 2021, USD Million
TABLE 89 Italy Retail Core Banking Solution Market by Component, 2022 - 2028, USD Million
TABLE 90 Italy Retail Core Banking Solution Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 91 Italy Retail Core Banking Solution Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 92 Italy Retail Core Banking Solution Market by Organization Size, 2018 - 2021, USD Million
TABLE 93 Italy Retail Core Banking Solution Market by Organization Size, 2022 - 2028, USD Million
TABLE 94 Italy Retail Core Banking Solution Market by Application, 2018 - 2021, USD Million
TABLE 95 Italy Retail Core Banking Solution Market by Application, 2022 - 2028, USD Million
TABLE 96 Rest of Europe Retail Core Banking Solution Market, 2018 - 2021, USD Million
TABLE 97 Rest of Europe Retail Core Banking Solution Market, 2022 - 2028, USD Million
TABLE 98 Rest of Europe Retail Core Banking Solution Market by Component, 2018 - 2021, USD Million
TABLE 99 Rest of Europe Retail Core Banking Solution Market by Component, 2022 - 2028, USD Million
TABLE 100 Rest of Europe Retail Core Banking Solution Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 101 Rest of Europe Retail Core Banking Solution Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 102 Rest of Europe Retail Core Banking Solution Market by Organization Size, 2018 - 2021, USD Million
TABLE 103 Rest of Europe Retail Core Banking Solution Market by Organization Size, 2022 - 2028, USD Million
TABLE 104 Rest of Europe Retail Core Banking Solution Market by Application, 2018 - 2021, USD Million
TABLE 105 Rest of Europe Retail Core Banking Solution Market by Application, 2022 - 2028, USD Million
TABLE 106 Key Information – Temenos AG
TABLE 107 Key Information –Fiserv, Inc.
TABLE 108 Key Information – Tata Consultancy Services Ltd.
TABLE 109 Key Information – Infosys Limited
TABLE 110 Key Information – Oracle Corporation
TABLE 111 Key Information – SAP SE
TABLE 112 Key Information – Jack Henry & Associates, Inc.
TABLE 113 Key Information – Fidelity National Information Services, Inc.
TABLE 114 Key Information – SILVERLAKE AXIS LTD.
TABLE 115 Key Information – Infrasoft Technologies Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Jan – 2022, Aug) Leading Players
FIG 5 Recent strategies and developments: Temenos AG
FIG 6 SWOT Analysis: Temenos AG
FIG 7 SWOT Analysis: Fiserv, Inc.
FIG 8 Recent strategies and developments: Tata Consultancy Services Ltd.
FIG 9 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 10 SWOT Analysis: Infosys Limited
FIG 11 SWOT analysis: Oracle Corporation
FIG 12 SWOT Analysis: SAP SE
FIG 13 Recent strategies and developments: Fidelity National Information Services, Inc.