The Latin America, Middle East and Africa Third-party Banking Software Market would witness market growth of 14.1% CAGR during the forecast period (2022-2028).
Core banking always significantly reduces operating expenses, resulting in a reduction in the number of people needed for implementation. Additionally, it encourages greater customer accountability. Core banking systems are more streamlined and user-friendly due to platforms based on software applications. The advantages of banking systems are numerous and include keeping up with a rapidly changing market, streamlining banking procedures to make them more comfortable for consumers, and extending the reach of banks to remote locations.
By developing the Internet and computer systems, banks were able to reduce manual work and become more efficient. A computer software program is used to record transactions, keep a passbook, calculate interest on lending activities, keep client records, calculate payment balances, and withdraw funds. As part of a computer network based on telephone, satellite, and Internet technology, various bank branches implement this software. A back-end system that conducts daily banking transactions and posts updates to accounts and other financial data is referred to as a core banking system.
All Institutions that use or intend to employ Enabling Technologies are subject to the Guidelines, which are issued and enforced by the Supervisory Authorities. Institutions are expected to consider the nature, breadth, risk level, complexity, and significance of their Institution's Innovative Activities when determining how to apply the Regulations to their business activities. They are in addition to any legally-binding rules, guidelines, standards, and other directives issued by the pertinent Supervisory Authorities, which supersede the Guidelines in all cases.
The Brazil market dominated the LAMEA Third-party Banking Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $896.4 million by 2028.The Argentina market is experiencing a CAGR of 14.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 13.8% during (2022 - 2028).
Based on Deployment, the market is segmented into On-Premise and Cloud. Based on Application, the market is segmented into Risk Management, Business Intelligence and Information Security. Based on End-use, the market is segmented into Retail Banks and Commercial Banks. Based on Product, the market is segmented into Core Banking Software, Wealth Management Software, Omnichannel Banking Software, Business Intelligence Software and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Third-party Banking Software Market is Predict to reach $40.6 Billion by 2028, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Oracle Corporation, SAP SE, Tata Consultancy Services Ltd., Infosys Limited, Accenture PLC, Capgemini SE, Fidelity Information Services (FIS), Inc., and Fiserv, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Deployment
By Application
- Risk Management
- Business Intelligence
- Information Security
By End-use
- Retail Banks
- Commercial Banks
By Product
- Core Banking Software
- Wealth Management Software
- Omnichannel Banking Software
- Business Intelligence Software
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- IBM Corporation
- Oracle Corporation
- SAP SE
- Tata Consultancy Services Ltd.
- Infosys Limited
- Accenture PLC
- Capgemini SE
- Fidelity Information Services (FIS), Inc.
- Fiserv, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Third-Party Banking Software Market, by Deployment
1.4.2 LAMEA Third-Party Banking Software Market, by Application
1.4.3 LAMEA Third-Party Banking Software Market, by End-use
1.4.4 LAMEA Third-Party Banking Software Market, by Product
1.4.5 LAMEA Third-Party Banking Software 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 & scenarios
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, May – 2022, Jun) Leading Players
Chapter 4. LAMEA Third-party Banking Software Market by Deployment
4.1 LAMEA On-Premise Market by Country
4.2 LAMEA Cloud Market by Country
Chapter 5. LAMEA Third-party Banking Software Market by Application
5.1 LAMEA Risk Management Market by Country
5.2 LAMEA Business Intelligence Market by Country
5.3 LAMEA Information Security Market by Country
Chapter 6. LAMEA Third-party Banking Software Market by End-use
6.1 LAMEA Retail Banks Market by Country
6.2 LAMEA Commercial Banks Market by Country
Chapter 7. LAMEA Third-party Banking Software Market by Product
7.1 LAMEA Core Banking Software Market by Country
7.2 LAMEA Wealth Management Software Market by Country
7.3 LAMEA Omnichannel Banking Software Market by Country
7.4 LAMEA Business Intelligence Software Market by Country
7.5 LAMEA Others Market by Country
Chapter 8. LAMEA Third-party Banking Software Market by Country
8.1 Brazil Third-party Banking Software Market
8.1.1 Brazil Third-party Banking Software Market by Deployment
8.1.2 Brazil Third-party Banking Software Market by Application
8.1.3 Brazil Third-party Banking Software Market by End-use
8.1.4 Brazil Third-party Banking Software Market by Product
8.2 Argentina Third-party Banking Software Market
8.2.1 Argentina Third-party Banking Software Market by Deployment
8.2.2 Argentina Third-party Banking Software Market by Application
8.2.3 Argentina Third-party Banking Software Market by End-use
8.2.4 Argentina Third-party Banking Software Market by Product
8.3 UAE Third-party Banking Software Market
8.3.1 UAE Third-party Banking Software Market by Deployment
8.3.2 UAE Third-party Banking Software Market by Application
8.3.3 UAE Third-party Banking Software Market by End-use
8.3.4 UAE Third-party Banking Software Market by Product
8.4 Saudi Arabia Third-party Banking Software Market
8.4.1 Saudi Arabia Third-party Banking Software Market by Deployment
8.4.2 Saudi Arabia Third-party Banking Software Market by Application
8.4.3 Saudi Arabia Third-party Banking Software Market by End-use
8.4.4 Saudi Arabia Third-party Banking Software Market by Product
8.5 South Africa Third-party Banking Software Market
8.5.1 South Africa Third-party Banking Software Market by Deployment
8.5.2 South Africa Third-party Banking Software Market by Application
8.5.3 South Africa Third-party Banking Software Market by End-use
8.5.4 South Africa Third-party Banking Software Market by Product
8.6 Nigeria Third-party Banking Software Market
8.6.1 Nigeria Third-party Banking Software Market by Deployment
8.6.2 Nigeria Third-party Banking Software Market by Application
8.6.3 Nigeria Third-party Banking Software Market by End-use
8.6.4 Nigeria Third-party Banking Software Market by Product
8.7 Rest of LAMEA Third-party Banking Software Market
8.7.1 Rest of LAMEA Third-party Banking Software Market by Deployment
8.7.2 Rest of LAMEA Third-party Banking Software Market by Application
8.7.3 Rest of LAMEA Third-party Banking Software Market by End-use
8.7.4 Rest of LAMEA Third-party Banking Software Market by Product
Chapter 9. Company Profiles
9.1 Microsoft Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 IBM Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Oracle Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 SAP SE
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 Tata Consultancy Services Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Accenture PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Capgemini SE
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.8 Infosys Limited
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.5.3 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Fidelity Information Services (FIS), Inc.
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 Product Launches and Product Expansions:
9.9.4.2 Acquisition and Mergers:
9.10. Fiserv, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Recent strategies and developments:
9.10.4.1 Acquisition and Mergers:
9.10.5 SWOT Analysis
TABLE 1 LAMEA Third-party Banking Software Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Third-party Banking Software Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Third-party Banking Software Market
TABLE 4 Product Launches And Product Expansions– Third-party Banking Software Market
TABLE 5 Acquisition and Mergers– Third-party Banking Software Market
TABLE 6 LAMEA Third-party Banking Software Market by Deployment, 2018 - 2021, USD Million
TABLE 7 LAMEA Third-party Banking Software Market by Deployment, 2022 - 2028, USD Million
TABLE 8 LAMEA On-Premise Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA On-Premise Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Cloud Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Cloud Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Third-party Banking Software Market by Application , 2018 - 2021, USD Million
TABLE 13 LAMEA Third-party Banking Software Market by Application , 2022 - 2028, USD Million
TABLE 14 LAMEA Risk Management Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Risk Management Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA Business Intelligence Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Business Intelligence Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Information Security Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Information Security Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Third-party Banking Software Market by End-use, 2018 - 2021, USD Million
TABLE 21 LAMEA Third-party Banking Software Market by End-use, 2022 - 2028, USD Million
TABLE 22 LAMEA Retail Banks Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Retail Banks Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Commercial Banks Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Commercial Banks Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Third-party Banking Software Market by Product, 2018 - 2021, USD Million
TABLE 27 LAMEA Third-party Banking Software Market by Product, 2022 - 2028, USD Million
TABLE 28 LAMEA Core Banking Software Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Core Banking Software Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Wealth Management Software Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Wealth Management Software Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA Omnichannel Banking Software Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Omnichannel Banking Software Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Business Intelligence Software Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Business Intelligence Software Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA Third-party Banking Software Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Third-party Banking Software Market by Country, 2022 - 2028, USD Million
TABLE 40 Brazil Third-party Banking Software Market, 2018 - 2021, USD Million
TABLE 41 Brazil Third-party Banking Software Market, 2022 - 2028, USD Million
TABLE 42 Brazil Third-party Banking Software Market by Deployment, 2018 - 2021, USD Million
TABLE 43 Brazil Third-party Banking Software Market by Deployment, 2022 - 2028, USD Million
TABLE 44 Brazil Third-party Banking Software Market by Application , 2018 - 2021, USD Million
TABLE 45 Brazil Third-party Banking Software Market by Application , 2022 - 2028, USD Million
TABLE 46 Brazil Third-party Banking Software Market by End-use, 2018 - 2021, USD Million
TABLE 47 Brazil Third-party Banking Software Market by End-use, 2022 - 2028, USD Million
TABLE 48 Brazil Third-party Banking Software Market by Product, 2018 - 2021, USD Million
TABLE 49 Brazil Third-party Banking Software Market by Product, 2022 - 2028, USD Million
TABLE 50 Argentina Third-party Banking Software Market, 2018 - 2021, USD Million
TABLE 51 Argentina Third-party Banking Software Market, 2022 - 2028, USD Million
TABLE 52 Argentina Third-party Banking Software Market by Deployment, 2018 - 2021, USD Million
TABLE 53 Argentina Third-party Banking Software Market by Deployment, 2022 - 2028, USD Million
TABLE 54 Argentina Third-party Banking Software Market by Application , 2018 - 2021, USD Million
TABLE 55 Argentina Third-party Banking Software Market by Application , 2022 - 2028, USD Million
TABLE 56 Argentina Third-party Banking Software Market by End-use, 2018 - 2021, USD Million
TABLE 57 Argentina Third-party Banking Software Market by End-use, 2022 - 2028, USD Million
TABLE 58 Argentina Third-party Banking Software Market by Product, 2018 - 2021, USD Million
TABLE 59 Argentina Third-party Banking Software Market by Product, 2022 - 2028, USD Million
TABLE 60 UAE Third-party Banking Software Market, 2018 - 2021, USD Million
TABLE 61 UAE Third-party Banking Software Market, 2022 - 2028, USD Million
TABLE 62 UAE Third-party Banking Software Market by Deployment, 2018 - 2021, USD Million
TABLE 63 UAE Third-party Banking Software Market by Deployment, 2022 - 2028, USD Million
TABLE 64 UAE Third-party Banking Software Market by Application , 2018 - 2021, USD Million
TABLE 65 UAE Third-party Banking Software Market by Application , 2022 - 2028, USD Million
TABLE 66 UAE Third-party Banking Software Market by End-use, 2018 - 2021, USD Million
TABLE 67 UAE Third-party Banking Software Market by End-use, 2022 - 2028, USD Million
TABLE 68 UAE Third-party Banking Software Market by Product, 2018 - 2021, USD Million
TABLE 69 UAE Third-party Banking Software Market by Product, 2022 - 2028, USD Million
TABLE 70 Saudi Arabia Third-party Banking Software Market, 2018 - 2021, USD Million
TABLE 71 Saudi Arabia Third-party Banking Software Market, 2022 - 2028, USD Million
TABLE 72 Saudi Arabia Third-party Banking Software Market by Deployment, 2018 - 2021, USD Million
TABLE 73 Saudi Arabia Third-party Banking Software Market by Deployment, 2022 - 2028, USD Million
TABLE 74 Saudi Arabia Third-party Banking Software Market by Application , 2018 - 2021, USD Million
TABLE 75 Saudi Arabia Third-party Banking Software Market by Application , 2022 - 2028, USD Million
TABLE 76 Saudi Arabia Third-party Banking Software Market by End-use, 2018 - 2021, USD Million
TABLE 77 Saudi Arabia Third-party Banking Software Market by End-use, 2022 - 2028, USD Million
TABLE 78 Saudi Arabia Third-party Banking Software Market by Product, 2018 - 2021, USD Million
TABLE 79 Saudi Arabia Third-party Banking Software Market by Product, 2022 - 2028, USD Million
TABLE 80 South Africa Third-party Banking Software Market, 2018 - 2021, USD Million
TABLE 81 South Africa Third-party Banking Software Market, 2022 - 2028, USD Million
TABLE 82 South Africa Third-party Banking Software Market by Deployment, 2018 - 2021, USD Million
TABLE 83 South Africa Third-party Banking Software Market by Deployment, 2022 - 2028, USD Million
TABLE 84 South Africa Third-party Banking Software Market by Application , 2018 - 2021, USD Million
TABLE 85 South Africa Third-party Banking Software Market by Application , 2022 - 2028, USD Million
TABLE 86 South Africa Third-party Banking Software Market by End-use, 2018 - 2021, USD Million
TABLE 87 South Africa Third-party Banking Software Market by End-use, 2022 - 2028, USD Million
TABLE 88 South Africa Third-party Banking Software Market by Product, 2018 - 2021, USD Million
TABLE 89 South Africa Third-party Banking Software Market by Product, 2022 - 2028, USD Million
TABLE 90 Nigeria Third-party Banking Software Market, 2018 - 2021, USD Million
TABLE 91 Nigeria Third-party Banking Software Market, 2022 - 2028, USD Million
TABLE 92 Nigeria Third-party Banking Software Market by Deployment, 2018 - 2021, USD Million
TABLE 93 Nigeria Third-party Banking Software Market by Deployment, 2022 - 2028, USD Million
TABLE 94 Nigeria Third-party Banking Software Market by Application , 2018 - 2021, USD Million
TABLE 95 Nigeria Third-party Banking Software Market by Application , 2022 - 2028, USD Million
TABLE 96 Nigeria Third-party Banking Software Market by End-use, 2018 - 2021, USD Million
TABLE 97 Nigeria Third-party Banking Software Market by End-use, 2022 - 2028, USD Million
TABLE 98 Nigeria Third-party Banking Software Market by Product, 2018 - 2021, USD Million
TABLE 99 Nigeria Third-party Banking Software Market by Product, 2022 - 2028, USD Million
TABLE 100 Rest of LAMEA Third-party Banking Software Market, 2018 - 2021, USD Million
TABLE 101 Rest of LAMEA Third-party Banking Software Market, 2022 - 2028, USD Million
TABLE 102 Rest of LAMEA Third-party Banking Software Market by Deployment, 2018 - 2021, USD Million
TABLE 103 Rest of LAMEA Third-party Banking Software Market by Deployment, 2022 - 2028, USD Million
TABLE 104 Rest of LAMEA Third-party Banking Software Market by Application , 2018 - 2021, USD Million
TABLE 105 Rest of LAMEA Third-party Banking Software Market by Application , 2022 - 2028, USD Million
TABLE 106 Rest of LAMEA Third-party Banking Software Market by End-use, 2018 - 2021, USD Million
TABLE 107 Rest of LAMEA Third-party Banking Software Market by End-use, 2022 - 2028, USD Million
TABLE 108 Rest of LAMEA Third-party Banking Software Market by Product, 2018 - 2021, USD Million
TABLE 109 Rest of LAMEA Third-party Banking Software Market by Product, 2022 - 2028, USD Million
TABLE 110 key information – Microsoft Corporation
TABLE 111 Key information – IBM Corporation
TABLE 112 Key Information – Oracle Corporation
TABLE 113 Key Information – SAP SE
TABLE 114 Key Information – Tata Consultancy Services Ltd.
TABLE 115 Key information – Accenture PLC
TABLE 116 Key Information – Capgemini SE
TABLE 117 Key Information – Infosys Limited
TABLE 118 Key Information – Fidelity Information Services (FIS), Inc.
TABLE 119 Key Information –Fiserv, Inc.
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, May – 2022, Jun) Leading Players
FIG 5 SWOT Analysis: Microsoft Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 SWOT analysis: Oracle Corporation
FIG 8 SWOT Analysis: SAP SE
FIG 9 Recent strategies and developments: Tata Consultancy Services Ltd.
FIG 10 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 11 Recent strategies and developments: Accenture PLC
FIG 12 Swot analysis: Accenture plc
FIG 13 Recent strategies and developments: Infosys Limited
FIG 14 SWOT Analysis: Infosys Limited
FIG 15 SWOT Analysis: Fiserv, Inc.