Press release
Neo & Challenger Bank Market Inclinations & Development Status Highlighted for the Forecast Period 2019-2025 including leading players like Atom Bank, Movencorp, Simple Finance Technology, BPCE, N26, Pockit, Ubank, Monzo Bank, MyBank (Alibaba Group) and H
The Neo & Challenger Bank Market is continuously growing in the global scenario at significant pace. Favorable government regulations and enhanced convenience to customers are the substantial driving factors of the market during the forecast period. Additionally, proactive banking regulations to grant licenses and approvals is another major factor driving the growth of the global neo and challenger bank market. Moreover, increasing internet penetration and rise in demand for smartphones in the developing countries are the factors that likely to create numerous opportunity in the near future. However, acquisition of customers and profitability are the factors that limiting the growth of the market during the forecast period.The research thoroughly establishes critical market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.
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Some of the major players operating in the market are Atom Bank, Movencorp, Simple Finance Technology, BPCE, N26, Pockit, Ubank, Monzo Bank, MyBank (Alibaba Group), Holvi Bank, WeBank (Tencent Holdings Ltd.), Hello Bank, Koho Bank, Rocket Bank, and Soon Banque
Further the market is analyzed on the basis of segmentation as follows:
By Type:
Neo Bank
Challenger Bank
By Application:
Personal
Business
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
The regional analysis of Global Neo & Challenger Bank Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share due to Favorable government regulation and Growing investment in financial technology in the region. Europe is estimated to grow at stable growth rate in the global Neo & Challenger Bank market over the upcoming years. Further, North America is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
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Table of Contents
1. Introduction
2. Key Takeaways
3. Neo & Challenger Bank Market Landscape
4. Market – Key Industry Dynamics
5. Neo & Challenger Bank Market Analysis- Global Analysis
6. Neo & Challenger Bank Market Revenue And Forecasts To 2027 – Type
7. Market Revenue And Forecasts To 2027 – Applications
8. Market Revenue And Forecasts To 2027 – Geographical Analysis
9. Market Revenue And Forecasts To 2027 – Industry Landscape
10. Competitive Landscape
11. Neo & Challenger Bank Market, Key Company Profiles
12. Appendix
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