Published Date: 3-Feb-2021
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According to a new report Asia Pacific Neobanking Market, published by KBV research, the Asia Pacific Neobanking Market would witness market growth of 49.2% CAGR during the forecast period (2020-2026).
The China market dominated the Asia Pacific Neobanking Market by Country 2019, and would continue to be a dominant market till 2026. The Japan market is showcasing a CAGR of 48.4% during (2020 - 2026). Additionally, The India market is poised to grow at a CAGR of 50.4% during (2020 - 2026).
The Business Account market dominated the South Korea Neobanking Market by Account Type 2019, growing at a CAGR of 49.6 % during the forecast period. The Savings Account market would exhibit a CAGR of 53.8% during (2020 - 2026).
The Enterprises market dominated the Malaysia Neobanking Market by Application 2019, thereby, achieving a market value of $3,374.6 million by 2026. The Personal market is experiencing a CAGR of 55.1% during (2020 - 2026). The Others market is expected to witness a CAGR of 56.8% during (2020 - 2026).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Atom Bank PLC, Monzo Bank Ltd., Moven Enterprises, N26 GmbH, Revolut Ltd., Ubank Limited, WeBank Co., Ltd., Banco Bilbao Vizcaya Argentaria SA (Simple Finance Technology), Deutsche Bank AG, and Sopra Steria Group SA (Fidor Solutions AG).
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