Italy Digital Banking Market to see Huge Growth by 2029

The Italy digital banking market is estimated to grow at a significant growth rate of 7.0% over the forecast period to hit over $760 million in 2025 from nearly $500 million in 2018. Italy is considered as the potential market for digital banking. The major factors contributing to the growth of the market include available infrastructure for digital services coupled with the digital transformation of financial services. The banking sector is among the primary strong points of the Italian economy. The profitability of banking in Italy has been improving and according to the European Banking Federation, in 2018, the Return of equity (ROE), net of extraordinary components, increased to around 6% from 4.1% in 2017. The overall improvement is mostly attributed to fewer loan loss provisions and a 3.9% reduction in operating costs.

The Italy digital banking market is segmented on the basis of type and solution. Based on type, the market is classified into corporate banking, investment banking, and retail banking. Retail banking held the largest share in 2018 and is expected to maintain its dominance during the forecast period. Retail banking involves a wide range of services, including saving accounts, personal loans, mortgages, certificates of deposit (CDs) and investment and fund management. Rising demand for internet banking among individuals to manage their accounts and conduct financial transactions is primarily contributing to the growth of the segment. Based on solution, the market is classified into processing services, payment solutions, customer and channel management, and risk management.

To Request a Sample of our Report on Italy Digital Banking Market: https://www.omrglobal.com/request-sample/italy-digital-banking-market

Italy Digital Banking Market Segmentation

By Type 

  • Corporate Banking
  • Investment Banking
  • Retail Banking

By Solution

  • Processing Services
  • Payment
  • Customer and Channel Management
  • Risk Management

A full Report of Italy Digital Banking Market is Available at: https://www.omrglobal.com/industry-reports/italy-digital-banking-market

Company Profiles

  • ACI Worldwide, Inc.,
  • Appway AG
  • Atos SE
  • Backbase BV
  • Capital Banking Solutions
  • CERALOGIX AB
  • Computer Services, Inc.
  • Cor Financial Solutions Ltd.
  • EBANKIT-OMNICHANNEL INNOVATION, S.A.
  • Etronika UAB
  • Fidor Solutions AG
  • Finastra
  • Fiserv, Inc.
  • Halcom d.d.
  • Intellect Design Arena Ltd.
  • Microsoft Corp.
  • NCR Corp.
  • NETinfo PLC
  • NETinfo PLC
  • New Frontier Innova d.o.o Beograd
  • Oracle Corp.
  • SAB Group
  • SAP SE
  • Sopra Steria Group
  • Tata Consultancy Services Ltd.
  • Technisys SA
  • Temenos SA

Reasons to buy from us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/italy-digital-banking-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404