Neobanking Market
Neobanking Market Study by Business Accounts and Saving Accounts for Personal Use and Enterprises from 2024 to 2034
Analysis of Neobanking Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Neobanking Market Outlook (2024 to 2034)
Revenue from the global neobanking market size is expected to reach US$ 97.45 billion in 2024 and increase swiftly at 35.6% CAGR to settle at US$ 2,048.29 billion by the end of 2034.
Widespread use of smartphones and reliable Internet is increasing reliance on technology in all walks of life. Neobanks, which operate without physical branches, provide the convenience of skipping queues and completing transactions swiftly.
Ease of accessing neobanks on various devices, especially smartphones, plays a crucial role in their adoption. Moreover, key companies are focusing on incorporating artificial intelligence and machine learning, further promoting neobanking market growth. This ensures 24x7 services for customers, regardless of their location. Another factor contributing to global neobanking market growth is the partnerships and collaborations between neobanks and traditional banks, which help build customer confidence in using neobanks.
Key Market Growth Drivers
- The main reason why neobanking usage is surging is because customers find these services easy, convenient, and seamlessly integrated into their daily routines.
- A key neobanking market trend is the growing preference for mobile banking and digital transactions among consumers, especially youth who favor apps for managing their accounts over visiting physical branches.
- Neobanks are beneficial due to their strategy of digital-only as this enables them to provide services that are competitive or even fee-free, drawing clients who want to lower their banking expenses.
- Several neobanks provide customized services, automate processes, enhance security, and offer advanced financial products like automated savings accounts and stock or crypto trading due to advancements in blockchain, artificial intelligence, and machine learning.
- Number of countries are formulating new frameworks, taking initiative, and supporting fintech innovation such as neobanking for a better future.
- Neobanks generally work together with other financial institutions, fintech companies, and payment processors to increase the range of services they provide and enhance clients’ experience.
- Rising use of digital banking solutions globally is a significant factor contributing to the expansion of the neobanking market size.
| Report Attribute | Detail |
|---|---|
| Neobanking Market Size (2024E) | US$ 97.45 Billion |
| Forecasted Market Value (2034F) | US$ 2,048.29 Billion |
| Global Market Growth Rate (2024 to 2034) | 35.6% CAGR |
| North America Market Share (2024E) | 33% |
| East Asia Market Growth Rate (2024 to 2034) | 37% CAGR |
| Saving Accounts Segment Value (2034F) | US$ 1,065.11 Billion |
| Enterprises Segment Value (2034F) | US$ 1,167.53 Billion |
| Key Companies Profiled | Atom Bank PLC; Ubank Limited; Simple Finance Technology Corp.; Fidor Bank Ag; Movencorp Inc.; Monzo Bank Ltd.; MyBank; N26; Revolut Ltd.; Webank, Inc.; Albo; Green Dot Corporation; Fintech Farm; Bunq. |
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What is the Reason Behind Surging Use of Neobanking?
“High Preference for Digital Transactions among Youth”
Consumers, especially millennials and Generation Z, are increasingly preferring digital transactions and mobile banking. They are drawn to the convenience and accessibility of mobile apps for managing their finances. Features such as easy bill payments, seamless integration with other digital services, and real-time transaction updates are particularly appealing to younger users, driving the adoption of neobanking.
To stay competitive, traditional banks are partnering with neobanks. These collaborations benefit neobanks by leveraging the trust still held in traditional banking. Neobanks are well-positioned to meet these expectations with their tech-forward and flexible strategies, coupled with their lack of physical branches. They excel in providing creative, affordable, and user-friendly financial solutions.
What are the Challenges Encountered by Neobanks?
“Vulnerability to Cyber Threats and Risk of Decreased Consumer Trust”
Neobanking solution providers are increasingly concerned about security issues, as they face vulnerabilities to various cyber threats such as fraud, phishing, and data breaches. Unlike traditional banks, neobanks operate solely through mobile apps and internet platforms, making them more susceptible to cyberattacks. It is crucial for neobanks to implement robust security measures to protect consumer information, prevent unauthorized access, and minimize financial losses.
This includes deploying strong encryption methods, implementing multi-factor authentication, continuously monitoring transactions for anomalies, and conducting regular security audits. Instances of cybersecurity breaches can erode consumer trust, leading to reduced profitability for neobanks.
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Country-wise Insights
North America is poised to hold 33% neobanking market share in 2024. Demand for neobanking solutions in the East Asian region is forecasted to increase at a noteworthy 37% CAGR through 2034. Companies in East Asia are offering completely contactless platforms. This is attracting consumers to use neobanking as services are available 24x7.
Why is Demand for Neobanking High in the United States?
“Low Cost and Clear Pricing of Neobanking Solutions”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 14.31 Billion |
| Growth Rate (2024 to 2034) | 35.3% CAGR |
| Projected Value (2034F) | US$ 294.22 Billion |
The United States is poised to hold 44.5% revenue share in North America in 2024. Demand for neobanking solutions is increasing in the United States due to their lower costs and clear pricing. Neobanks provide more affordable fees and competitive rates for their services because they do not have to pay the overhead involved with running physical branches. Customers who are cost-conscious and get impatient with traditional banks are finding neobanking is an ideal choice for them which driving the market growth in the country.
Because of their affordability and openness, neobanks are a becoming desirable substitute for people who want to cut down on their banking costs and stay away from unforeseen fees in the United States.
What is the Market Outlook for Neobanking in Japan?
“Advanced Financial Services and Products Tailored to Lifestyles of Tech-Savvy Consumers”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 6.62 Billion |
| Growth Rate (2024 to 2034) | 37.2% CAGR |
| Projected Value (2034F) | US$ 156.57 Billion |
Neobanks in Japan are attracting tech-savvy consumers with their advanced financial services and products that fit into lifestyles. These include budgeting tools that assist people in managing their finances more easily through tracking and individualized insights, and fast money transfers, which leads to quick and convenient transactions.
Another reason behind the growing use of neobanks in Japan is they provide consumers with customized suggestions for savings, investments, and spending through the use of AI and advanced data analytics. These latest products improve banking overall by making it easier to use, more effective, and consistent with modern consumers' digital habits. As a result, neobanking services are becoming more popular in Japan.
Category-wise Insights
Based on account type, the market is segmented into business accounts and savings accounts. In 2024, business accounts are expected to hold 52% revenue share.
Which Account Type Holds Substantial Portion of Revenue Share?
“Convenience and Accessibility of Managing Savings Accounts through Mobile Apps”
| Attribute | Savings Account |
|---|---|
| Segment Value (2024E) | US$ 46.78 Billion |
| Growth Rate (2024 to 2034) | 36.7% CAGR |
| Projected Value (2034F) | US$ 1,065.11 Billion |
Neobanking is becoming popular among people who are technologically sound, particularly the younger generation because it provides competitive interest rates and advanced services. In comparison with traditional banks, neobanks offer reasonable rates for services and other things because of their minimal operating costs. Managing savings accounts is becoming easy and accessible with mobile apps.
Consumers seeking to improve their financial health also are adopting neobanking solutions due to they provide individualized financial insights, automated saving features, and exclusive saving options.
Will Adoption of Neobanking Gain Traction in Enterprises?
“Will benefit from Easy Connectivity with Existing Financial Systems”
| Attribute | Enterprises |
|---|---|
| Segment Value (2024E) | US$ 52.62 Billion |
| Growth Rate (2024 to 2034) | 36.3% CAGR |
| Projected Value (2034F) | US$ 1,167.53 Billion |
Enterprises are looking for digital banking solutions that are easy to connect with their current financial systems and procedures being provided by neobanking. Real-time cash flow tracking, automatic spending management, and API-driven connections with accounting software are just a few of the customized services that neobanking provides for enterprises.
Use of neobanking is increasing in enterprises as it lessens manual workers, improves financial operations efficiency, and offers improved financial transparency. Multi-currency accounts and foreign transactions are usually more flexible and affordable with neobanks, making them especially beneficial for enterprises.
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Complete list available upon request
Competitive Landscape
Key players in the neobanking market are offering financial products, insurance, and lending services in addition to conventional banking to create new revenue sources. Some neobanks are introducing upgraded features and incentives for paid accounts to monetize their most active consumers.
- In May 2024, Fintech Farm, a London-based business, raised US$ 32 million in funding. The company offers technology to medium-sized banks in developing countries so they may create digital tools. The funding comes from two Series B rounds: the first, led by London-based venture firm Nordstar, and the second, led by Bank of Georgia, a company listed on the London Stock Exchange.
- In March 2024, three new fintech companies joined Green Dot Corporation's expanding network of Green Dot Network partners. Green Dot Corporation is a top digital bank and fintech that offers businesses and consumers seamless banking and payment services. Through Green Dot's extensive nationwide network of thousands of retail locations, REPAY, FACEBANK, and Pana can now provide customers with easily accessible and reasonably priced cash transactions and services.
- In September 2023, Albo, a neobank based in Mexico, announced that it had closed a US$ 40 million growth investment round. Morpheus Ventures, a United States-based company, led the most recent infusion. Significant support was also provided by previous backers, including Mexico's Nazca Ventures and the United States-based Valar Ventures.
Fact.MR provides detailed information about the price points of key providers of neobanking solutions positioned across the world, sales growth, production capacity, and speculative technological expansion, in this updated market report.
Segmentation of Neobanking Market Research
-
By Account Type :
- Business Accounts
- Savings Accounts
-
By Application :
- Personal Use
- Enterprises
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Account Type
- 6.2. Application
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Account Type
- 7.1. Business Accounts
- 7.2. Savings Accounts
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
- 8.1. Personal Use
- 8.2. Enterprises
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. East Asia
- 9.6. South Asia & Pacific
- 9.7. Middle East & Africa
- 10. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 11. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 12. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 13. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. Sales Forecast 2024 to 2034 by Account Type, Application, and Region for 30 Countries
- 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 19. Company Profile
- 19.1. Atom Bank PLC
- 19.2. Ubank Limited
- 19.3. Simple Finance Application Corp.
- 19.4. Fidor Bank Ag
- 19.5. Movencorp Inc.
- 19.6. Monzo Bank Ltd.
- 19.7. MyBank
- 19.8. N26
- 19.9. Revolut Ltd.
- 19.10. Webank, Inc.
- 19.11. Albo
- 19.12. Green Dot Corporation
- 19.13. Fintech Farm
- 19.14. Bunq
- 20. Assumptions and Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Account Type, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Account Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Account Type, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 10: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 11: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Account Type, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Account Type, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Account Type, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 19: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 20: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 21: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 22: Latin America Market Value (US$ Mn) Analysis, by Account Type, 2019 to 2023
Table 23: Latin America Market Value (US$ Mn) Analysis, by Account Type, 2024 to 2034
Table 24: Latin America Market Value (US$ Mn) Opportunity Analysis, by Account Type, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 28: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 29: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 30: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 31: Western Europe Market Value (US$ Mn) Analysis, by Account Type, 2019 to 2023
Table 32: Western Europe Market Value (US$ Mn) Analysis, by Account Type, 2024 to 2034
Table 33: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Account Type, 2024 to 2034
Table 34: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 35: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 36: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 37: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Eastern Europe Market Value (US$ Mn) Analysis, by Account Type, 2019 to 2023
Table 41: Eastern Europe Market Value (US$ Mn) Analysis, by Account Type, 2024 to 2034
Table 42: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Account Type, 2024 to 2034
Table 43: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 44: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 45: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 46: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 47: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 48: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Account Type, 2019 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Account Type, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Account Type, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 55: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 56: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 57: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 58: South Asia & Pacific Market Value (US$ Mn) Analysis, by Account Type, 2019 to 2023
Table 59: South Asia & Pacific Market Value (US$ Mn) Analysis, by Account Type, 2024 to 2034
Table 60: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Account Type, 2024 to 2034
Table 61: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 62: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 63: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 64: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 65: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 66: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 67: MEA Market Value (US$ Mn) Analysis, by Account Type, 2019 to 2023
Table 68: MEA Market Value (US$ Mn) Analysis, by Account Type, 2024 to 2034
Table 69: MEA Market Value (US$ Mn) Opportunity Analysis, by Account Type, 2024 to 2034
Table 70: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 71: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 72: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Account Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Account Type, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Account Type, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 14: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 15: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 16: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 17: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 18: North America Market Share Analysis by Country, 2024 & 2034
Figure 19: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 20: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 21: North America Market Share and BPS Analysis by Account Type, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projections by Account Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Account Type, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 27: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 28: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 29: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 30: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 31: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 32: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 33: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 34: Latin America Market Share and BPS Analysis by Account Type, 2024 & 2034
Figure 35: Latin America Market Y-o-Y Growth Projections by Account Type, 2024 to 2034
Figure 36: Latin America Market Attractiveness Analysis by Account Type, 2024 to 2034
Figure 37: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 40: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 41: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 42: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 43: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 44: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 45: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 46: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 47: Western Europe Market Share and BPS Analysis by Account Type, 2024 & 2034
Figure 48: Western Europe Market Y-o-Y Growth Projections by Account Type, 2024 to 2034
Figure 49: Western Europe Market Attractiveness Analysis by Account Type, 2024 to 2034
Figure 50: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 51: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 52: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 53: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 54: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 55: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 56: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 57: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 58: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 59: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 60: Eastern Europe Market Share and BPS Analysis by Account Type, 2024 & 2034
Figure 61: Eastern Europe Market Y-o-Y Growth Projections by Account Type, 2024 to 2034
Figure 62: Eastern Europe Market Attractiveness Analysis by Account Type, 2024 to 2034
Figure 63: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 64: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 65: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 66: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 70: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 71: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: East Asia Market Share and BPS Analysis by Account Type, 2024 & 2034
Figure 74: East Asia Market Y-o-Y Growth Projections by Account Type, 2024 to 2034
Figure 75: East Asia Market Attractiveness Analysis by Account Type, 2024 to 2034
Figure 76: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 77: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 78: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 79: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 80: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 81: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 82: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 83: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 84: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 85: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 86: South Asia & Pacific Market Share and BPS Analysis by Account Type, 2024 & 2034
Figure 87: South Asia & Pacific Market Y-o-Y Growth Projections by Account Type, 2024 to 2034
Figure 88: South Asia & Pacific Market Attractiveness Analysis by Account Type, 2024 to 2034
Figure 89: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 90: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 91: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 92: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 93: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 94: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 95: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 96: MEA Market Share Analysis by Country, 2024 & 2034
Figure 97: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 98: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 99: MEA Market Share and BPS Analysis by Account Type, 2024 & 2034
Figure 100: MEA Market Y-o-Y Growth Projections by Account Type, 2024 to 2034
Figure 101: MEA Market Attractiveness Analysis by Account Type, 2024 to 2034
Figure 102: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 103: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 104: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the market size of neobanking in 2024?
The global neobanking market is estimated to reach a value of US$ 97.45 billion in 2024.
What is the demand projection for a neobanking for 2034?
Worldwide revenue from neobanking is projected to reach US$ 2,048.29 billion by 2034.
How fast is the market projected to expand globally?
The market for neobanking is forecasted to expand at 35.6% CAGR through 2034.
How much share of the East Asia market does Japan hold?
Japan is estimated to account for 28.9% share of the East Asia market in 2024.
Who are the leading providers of neobanking solutions and services?
Leading market players are Atom Bank PLC, Ubank Limited, Movencorp Inc., Monzo Bank Ltd., and Mybank.
Which type of account holds a significant market share?
The savings account segment is estimated to hold 52% market share by 2034.
At what rate is the East Asia market forecasted to expand?
Adoption of neobanking in East Asia is projected to rise at 37% CAGR through 2034.
Neobanking Market