According to the latest report published by Variant Market Research, the global neo
and challenger bank market size is projected to reach
$356 Million by 2025 from $17million in 2017,
In this
report, neo and challenger bank market
forecast says that the global market is growing at 45.8% CAGR from 2017 to 2025.
Click Here to Request a
Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/banking-financial-services-insurance-bfsi/neo-and-challenger-bank-market/sample-request
Better customer convenience to drive the global market
The global neo and challenger bank market
trend includes high rate of interest than traditional
banks, better customer convenience, and positive banking rules to grant
licenses & approvals. Though, profitability may
hinder the neo and challenger bank market
growth. Moreover, mounting internet penetration as well as increasing demand for
smartphones in the under-developed countries would provide an opportunity for
players of market.
Market Segmentations
The global neo and challenger bank market is
classified into bank type, and country. Bank type segment includes
neo bank, and challenger bank. U.S., UK, Germany, China,
and Australia are the key countries included in this market.
Get
Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/banking-financial-services-insurance-bfsi/neo-and-challenger-bank-market/toc
Neo bank, by bank type accounted
for major market share in 2017
Neo bank held for the highest
market share in 2017 and expected to continue its dominance over the forecast
period, 2017– 2025, owing to
importance of these banks in the U.S. and the easy customer acquisition.
U.S. dominated the global market
in 2017
U.S. held for the highest market share in 2017 and
expected to continue its dominance over the forecast period, 2017– 2025. Extensive fintech investments, as well as large SME market in the region is the driving factor for
the growth of the market in U.S.
To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/banking-financial-services-insurance-bfsi/neo-and-challenger-bank-market
Competitive Landscape
Key players are offering innovative products and
services to increase their
neo and challenger bank market share. Major players of the market are Atom
Bank Plc, Movencorp, Inc.,Simple Finance Technology Corporation (acquired by
BBVA), UBank Limited, Pockit Limited, Number26 GmbH, MyBank (Alibaba Group),
WeBank, and Monzo Bank Limited,
among others.
Scope of the Global Neo
and Challenger Bank Market
Bank Type Segments
- Neo
Bank
- Challenger
Bank
Country Segments
- U.S
- UK
- Germany
- China
- Australia
About Variant Market Research
Variant Market
Research offers syndicated and customized reports to fulfill clients'
objectives. We also provide customized data pack proposing market sizing in an
Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover
several industry domains, namely Semiconductor & Electronics, Consumer
Electronics, Information and Communication Technology, Automotive, Consumer
Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals,
Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy
& Power, Defense & Aerospace and Banking, Financial services and
Insurance (BFSI). Our expertise is data triangulation, competitor benchmarking,
parent market benchmarking, estimating market size and forecast of the market
from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
You can connect with us on LinkedIn here @https://www.linkedin.com/company/variant-market-research
Contact UsYou can connect with us on LinkedIn here @https://www.linkedin.com/company/variant-market-research
John Dave,
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: john.dave@variantmarketresearch.com
Email: help@variantmarketresearch.com
No comments:
Post a Comment