North America SaaS-based Core Banking Software Market Size, Share & Industry Analysis Report By Deployment (Public Cloud, Hybrid Cloud, and Private Cloud), By End-User (Retail Banking, Corporate Banking, Treasury, and Wealth Management), By Banking Type (Large Banks, Midsize Banks, Small Banks, Community Banks, and Credit Unions), By Country and Growth Forecast, 2025 - 2032

The North America SaaS-based Core Banking Software Market would witness market growth of 18.2% CAGR during the forecast period (2025-2032).

The US market dominated the North America SaaS-based Core Banking Software Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 9,326.3 Million by 2032. The Canada market is experiencing a CAGR of 20.8% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 19.5% during (2025 - 2032). The US and Canada led the North America SaaS-based Core Banking Software Market by Country with a market share of 59.2% and 11% in 2024.

Cloud computing, changing rules, and a growing need for flexible, customer-focused banking solutions have all changed the North American SaaS-based core banking software market in big ways. At first, banks used expensive, inflexible on-premise systems, but they switched to SaaS platforms because they were more scalable and cost-effective, especially smaller banks and fintech startups. Over time, bigger banks and other financial institutions also moved to cloud-based systems to save money on operations, make sure they followed rules like the Dodd-Frank Act, and give employees access to data in real time. Market leaders like Temenos, Finastra, and FIS improved their products by adding AI, machine learning, and blockchain technologies. This made their SaaS solutions more powerful and competitive for a wider range of financial institutions, such as retail banks, credit unions, and wealth management firms.

AI and ML integration to automate tasks, improve fraud detection, and provide personalized customer service are some of the most important trends in the market. Open banking and API ecosystems are making it easier for fintech apps and new digital services to work together, which makes things more compatible and improves the customer experience. Cybersecurity is still a top priority, and providers are spending money on things like encryption, multi-factor authentication, and monitoring threats in real time. As shown by Fiserv's purchase of Finxact and partnerships between Temenos, Finastra, and fintech companies, market players seek growth through strategic acquisitions, partnerships, and alliances. Established leaders and agile fintech newcomers compete fiercely with each other, which drives continuous innovation. This focuses on scalable, secure, and compliant SaaS platforms that can adapt to the changing needs of North American financial institutions.

End-User Outlook

Based on End-User, the market is segmented into Retail Banking, Corporate Banking, Treasury, and Wealth Management. The Retail Banking market segment dominated the US SaaS-based Core Banking Software Market by End-User is expected to grow at a CAGR of 16.6 % during the forecast period thereby continuing its dominance until 2032. Also, The Treasury market is anticipated to grow as a CAGR of 18 % during the forecast period during (2025 - 2032).

Banking Type Outlook

Based on Banking Type, the market is segmented into Large Banks, Midsize Banks, Small Banks, Community Banks, and Credit Unions. Among various Canada SaaS-based Core Banking Software Market by Banking Type; The Large Banks market achieved a market size of USD 631.9 Million in 2024 and is expected to grow at a CAGR of 19.8 % during the forecast period. The Community Banks market is predicted to experience a CAGR of 21.6% throughout the forecast period from (2025 - 2032).

Free Valuable Insights: The SaaS-based Core Banking Software Market is Predict to reach USD 43.72 Billion by 2032, at a CAGR of 18.9%

Country Outlook

The US is the world leader in using SaaS-based core banking software. This is because the financial sector is strong, technology is always changing, and the rules are helpful. Banks are moving away from traditional on-premise systems and toward cloud-based solutions to meet compliance requirements like the Dodd-Frank Act and Basel III, while also improving customer experiences, scalability, and cost-effectiveness. AI and ML integration for personalized services and fraud detection, open banking with API-driven architectures, and advanced cybersecurity measures are some of the most important trends. FIS, Fiserv, and Jack Henry & Associates are the biggest players in the market. However, agile fintechs like Mambu and Thought Machine are gaining ground, which encourages new ideas and keeps core banking systems changing all the time.

List of Key Companies Profiled

• nCino, Inc
• Temenos AG
• Mambu B.V
• Oracle Corporation
• Fiserv, Inc.
• Jack Henry & Associates, Inc.
• Finastra Group Holdings Limited (Vista Equity Partners)
• Tata Consultancy Services Ltd.
• SAP SE
• Fidelity National Information Services, Inc.

North America SaaS-based Core Banking Software Market Report Segmentation

By Deployment

• Public Cloud
• Hybrid Cloud
• Private Cloud

By End-User

• Retail Banking
• Corporate Banking
• Treasury
• Wealth Management

By Banking Type

• Large Banks
• Midsize Banks
• Small Banks
• Community Banks
• Credit Unions

By Country

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America SaaS-based Core Banking Software Market, by Deployment
1.4.2 North America SaaS-based Core Banking Software Market, by End-User
1.4.3 North America SaaS-based Core Banking Software Market, by Banking Type
1.4.4 North America SaaS-based Core Banking Software Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Market Trends North America SaaS-based Core Banking Software Market
Chapter 5. State of Competition North America SaaS-based Core Banking Software Market
Chapter 6. PLC (Product Life Cycle) - Global SaaS-based Core Banking Software Market
Chapter 7. Market Consolidation - SaaS-based Core Banking Software Market
Chapter 8. Value Chain Analysis of SaaS-based Core Banking Software Market
Chapter 9. Competition Analysis - Global
9.1 KBV Cardinal Matrix
9.2 Recent Industry Wide Strategic Developments
9.2.1 Partnerships, Collaborations and Agreements
9.2.2 Product Launches and Product Expansions
9.2.3 Acquisition and Mergers
9.3 Market Share Analysis, 2024
9.4 Top Winning Strategies
9.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
9.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Dec – 2025, Jun) Leading Players
9.5 Porter Five Forces Analysis

Chapter 10. Key Customer Criteria - SaaS-based Core Banking Software Market
Chapter 11. North America SaaS-based Core Banking Software Market by Deployment
11.1 North America Public Cloud Market by Country
11.2 North America Hybrid Cloud Market by Country
11.3 North America Private Cloud Market by Country

Chapter 12. North America SaaS-based Core Banking Software Market by End-User
12.1 North America Retail Banking Market by Country
12.2 North America Corporate Banking Market by Country
12.3 North America Treasury Market by Country
12.4 North America Wealth Management Market by Country

Chapter 13. North America SaaS-based Core Banking Software Market by Banking Type
13.1 North America Large Banks Market by Country
13.2 North America Midsize Banks Market by Country
13.3 North America Small Banks Market by Country
13.4 North America Community Banks Market by Country
13.5 North America Credit Unions Market by Country

Chapter 14. North America SaaS-based Core Banking Software Market by Country
14.1 US SaaS-based Core Banking Software Market
14.1.1 US SaaS-based Core Banking Software Market by Deployment
14.1.2 US SaaS-based Core Banking Software Market by End-User
14.1.3 US SaaS-based Core Banking Software Market by Banking Type
14.2 Canada SaaS-based Core Banking Software Market
14.2.1 Canada SaaS-based Core Banking Software Market by Deployment
14.2.2 Canada SaaS-based Core Banking Software Market by End-User
14.2.3 Canada SaaS-based Core Banking Software Market by Banking Type
14.3 Mexico SaaS-based Core Banking Software Market
14.3.1 Mexico SaaS-based Core Banking Software Market by Deployment
14.3.2 Mexico SaaS-based Core Banking Software Market by End-User
14.3.3 Mexico SaaS-based Core Banking Software Market by Banking Type
14.4 Rest of North America SaaS-based Core Banking Software Market
14.4.1 Rest of North America SaaS-based Core Banking Software Market by Deployment
14.4.2 Rest of North America SaaS-based Core Banking Software Market by End-User
14.4.3 Rest of North America SaaS-based Core Banking Software Market by Banking Type

Chapter 15. Company Profiles
15.1 nCino, Inc
15.1.1 Company Overview
15.1.2 Financial Analysis
15.1.3 Regional Analysis
15.1.4 Research & Development Expenses
15.1.5 Recent strategies and developments:
15.1.5.1 Partnerships, Collaborations, and Agreements:
15.1.5.2 Product Launches and Product Expansions:
15.1.5.3 Acquisition and Mergers:
15.1.6 SWOT Analysis
15.2 Temenos AG
15.2.1 Company Overview
15.2.2 Financial Analysis
15.2.3 Segmental Analysis
15.2.4 Recent strategies and developments:
15.2.4.1 Partnerships, Collaborations, and Agreements:
15.2.4.2 Product Launches and Product Expansions:
15.2.5 SWOT Analysis
15.3 Mambu B.V.
15.3.1 Company Overview
15.3.2 Recent strategies and developments:
15.3.2.1 Partnerships, Collaborations, and Agreements:
15.3.2.2 Product Launches and Product Expansions:
15.4 Oracle Corporation
15.4.1 Company Overview
15.4.2 Financial Analysis
15.4.3 Segmental and Regional Analysis
15.4.4 Research & Development Expense
15.4.5 Recent strategies and developments:
15.4.5.1 Product Launches and Product Expansions:
15.4.6 SWOT Analysis
15.5 Fiserv, Inc.
15.5.1 Company Overview
15.5.2 Financial Analysis
15.5.3 Segmental and Regional Analysis
15.5.4 Recent strategies and developments:
15.5.4.1 Acquisition and Mergers:
15.6 Jack Henry & Associates, Inc.
15.6.1 Company Overview
15.6.2 Financial Analysis
15.6.3 Research & Development Expenses
15.7 Finastra Group Holdings Limited (Vista Equity Partners)
15.7.1 Company Overview
15.7.2 Recent strategies and developments:
15.7.2.1 Partnerships, Collaborations, and Agreements:
15.8.1 Company Overview
15.8.2 Financial Analysis
15.8.3 Segmental and Regional Analysis
15.8.4 Research & Development Expenses
15.8.5 SWOT Analysis
15.9 SAP SE
15.9.1 Company Overview
15.9.2 Financial Analysis
15.9.3 Regional Analysis
15.9.4 Research & Development Expense
15.9.5 SWOT Analysis
15.10. Fidelity National Information Services, Inc.
15.10.1 Company Overview
15.10.2 Financial Analysis
15.10.3 Segmental and Regional Analysis
15.10.4 SWOT Analysis

TABLE 1 North America SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 2 North America SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– SaaS-based Core Banking Software Market
TABLE 4 Product Launches And Product Expansions– SaaS-based Core Banking Software Market
TABLE 5 Acquisition and Mergers– SaaS-based Core Banking Software Market
TABLE 6 Key Customer Criteria - SaaS-based Core Banking Software Market
TABLE 7 North America SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 8 North America SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 9 North America Public Cloud Market by Country, 2021 - 2024, USD Million
TABLE 10 North America Public Cloud Market by Country, 2025 - 2032, USD Million
TABLE 11 North America Hybrid Cloud Market by Country, 2021 - 2024, USD Million
TABLE 12 North America Hybrid Cloud Market by Country, 2025 - 2032, USD Million
TABLE 13 North America Private Cloud Market by Country, 2021 - 2024, USD Million
TABLE 14 North America Private Cloud Market by Country, 2025 - 2032, USD Million
TABLE 15 North America SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 16 North America SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 17 North America Retail Banking Market by Country, 2021 - 2024, USD Million
TABLE 18 North America Retail Banking Market by Country, 2025 - 2032, USD Million
TABLE 19 North America Corporate Banking Market by Country, 2021 - 2024, USD Million
TABLE 20 North America Corporate Banking Market by Country, 2025 - 2032, USD Million
TABLE 21 North America Treasury Market by Country, 2021 - 2024, USD Million
TABLE 22 North America Treasury Market by Country, 2025 - 2032, USD Million
TABLE 23 North America Wealth Management Market by Country, 2021 - 2024, USD Million
TABLE 24 North America Wealth Management Market by Country, 2025 - 2032, USD Million
TABLE 25 North America SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 26 North America SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 27 North America Large Banks Market by Country, 2021 - 2024, USD Million
TABLE 28 North America Large Banks Market by Country, 2025 - 2032, USD Million
TABLE 29 North America Midsize Banks Market by Country, 2021 - 2024, USD Million
TABLE 30 North America Midsize Banks Market by Country, 2025 - 2032, USD Million
TABLE 31 North America Small Banks Market by Country, 2021 - 2024, USD Million
TABLE 32 North America Small Banks Market by Country, 2025 - 2032, USD Million
TABLE 33 North America Community Banks Market by Country, 2021 - 2024, USD Million
TABLE 34 North America Community Banks Market by Country, 2025 - 2032, USD Million
TABLE 35 North America Credit Unions Market by Country, 2021 - 2024, USD Million
TABLE 36 North America Credit Unions Market by Country, 2025 - 2032, USD Million
TABLE 37 North America SaaS-based Core Banking Software Market by Country, 2021 - 2024, USD Million
TABLE 38 North America SaaS-based Core Banking Software Market by Country, 2025 - 2032, USD Million
TABLE 39 US SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 40 US SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 41 US SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 42 US SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 43 US SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 44 US SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 45 US SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 46 US SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 47 Canada SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 48 Canada SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 49 Canada SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 50 Canada SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 51 Canada SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 52 Canada SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 53 Canada SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 54 Canada SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 55 Mexico SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 56 Mexico SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 57 Mexico SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 58 Mexico SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 59 Mexico SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 60 Mexico SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 61 Mexico SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 62 Mexico SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 63 Rest of North America SaaS-based Core Banking Software Market, 2021 - 2024, USD Million
TABLE 64 Rest of North America SaaS-based Core Banking Software Market, 2025 - 2032, USD Million
TABLE 65 Rest of North America SaaS-based Core Banking Software Market by Deployment, 2021 - 2024, USD Million
TABLE 66 Rest of North America SaaS-based Core Banking Software Market by Deployment, 2025 - 2032, USD Million
TABLE 67 Rest of North America SaaS-based Core Banking Software Market by End-User, 2021 - 2024, USD Million
TABLE 68 Rest of North America SaaS-based Core Banking Software Market by End-User, 2025 - 2032, USD Million
TABLE 69 Rest of North America SaaS-based Core Banking Software Market by Banking Type, 2021 - 2024, USD Million
TABLE 70 Rest of North America SaaS-based Core Banking Software Market by Banking Type, 2025 - 2032, USD Million
TABLE 71 Key Information – nCino, Inc
TABLE 72 Key Information – Temenos AG
TABLE 73 Key Information – Mambu B.V.
TABLE 74 Key Information – Oracle Corporation
TABLE 75 Key Information – Fiserv, Inc.
TABLE 76 Key Information – Jack Henry & Associates, Inc.
TABLE 77 Key Information – Finastra Group Holdings Limited
TABLE 78 Key Information – Tata Consultancy Services Ltd.
TABLE 79 Key Information – SAP SE
TABLE 80 Key Information – Fidelity National Information Services, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America SaaS-based Core Banking Software Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting North America SaaS-based Core Banking Software Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Dec – 2025, Jun) Leading Players
FIG 8 Porter’s Five Forces Analysis – SaaS-based Core Banking Software Market
FIG 9 Key Customer Criteria - SaaS-based Core Banking Software Market
FIG 10 North America SaaS-based Core Banking Software Market share by Deployment, 2024
FIG 11 North America SaaS-based Core Banking Software Market share by Deployment, 2032
FIG 12 North America SaaS-based Core Banking Software Market by Deployment, 2021 - 2032, USD Million
FIG 13 North America SaaS-based Core Banking Software Market share by End-User, 2024
FIG 14 North America SaaS-based Core Banking Software Market share by End-User, 2032
FIG 15 North America SaaS-based Core Banking Software Market by End-User, 2021 - 2032, USD Million
FIG 16 North America SaaS-based Core Banking Software Market share by Banking Type, 2024
FIG 17 North America SaaS-based Core Banking Software Market share by Banking Type, 2032
FIG 18 North America SaaS-based Core Banking Software Market by Banking Type, 2021 - 2032, USD Million
FIG 19 North America SaaS-based Core Banking Software Market share by Country, 2024
FIG 20 North America SaaS-based Core Banking Software Market share by Country, 2032
FIG 21 North America SaaS-based Core Banking Software Market by Country, 2021 - 2032, USD Million
FIG 22 Recent strategies and developments: nCino, Inc
FIG 23 SWOT Analysis: nCino, Inc.
FIG 24 Recent strategies and developments: Temenos AG
FIG 25 Swot Analysis: Temenos AG
FIG 26 Recent strategies and developments: Mambu B.V
FIG 27 SWOT Analysis: Oracle Corporation
FIG 28 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 29 SWOT Analysis: SAP SE
FIG 30 SWOT Analysis: Fidelity National Information Services, Inc.