The digital banking platform market size is projected to reach US$ 13.99 billion by 2031 from US$ 5.61 billion in 2023. The market is expected to register a CAGR of 15.5 % in 2023–2031. 

The Digital Banking Platform Market is expanding as financial institutions embrace technology to enhance customer experiences and streamline operations. Cloud-based solutions, mobile banking, and AI-driven tools are key trends driving growth. The shift towards digitalization, increased demand for personalized banking services, and regulatory compliance are major factors. North America leads, with significant growth observed in Asia-Pacific and Europe.

Source: The Insight Partners