1. Market Research
  2. > Financial Services Market Trends
  3. > Banking

Banking Industry Research: Latest Bank Market Data, Trends & Statistics

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
25 votes

Global Banking Industry

In the global banking industry (one of the major segment of the financial services sector), bank credit represents the leading market segment, with around 60% of the overall market in terms of value. The EU is the largest regional market, with over 57% of the global market.

The economic recession that began in 2008 resulted in the crash of several financial institutions, which in turn led to the examination of practices and deployment of new guidelines in the banking industry. The sector is beginning to rebound, and cross-border investment is one area contributing to recovery, with a few large banks dominating certain national markets. Advantages of cross-border practices include economies of scale, though institutions must compete with established domestic banks.

Key Bank Market Segments

The world retail lending sector was worth close to $31.4 trillion in 2010, reports MarketLine. Mortgage lending represents the leading market segment, and reached close to $24 trillion in 2010, accounting for almost 76% of the overall market in terms of value.

The global credit card market is benefiting from Long Term Evolution rollout worldwide, state support and migration to Euro pay, MasterCard & VISA (EMV).

Obstacles to the global mobile payments market growth include the low penetration of contactless terminals and handsets in mature markets.

The world near field communication (NFC) payment market growth will be fuelled by the increased availability of NFC-enabled handsets. While NFC-enabled payment pilot trials have proved successful, additional infrastructure will be necessary to fulfill growth potential. Key companies operating in the global NFC payments industry include Discover Financial Services, MasterCard, and Visa.

The global private banking sector has been seriously impacted by the economic crisis, following which partnerships, organic growth, and mergers and acquisitions went into decline, according to research from Datamonitor. Since 2010, private banks have been struggling against commoditization. Industry players will continue to concentrate on customer segmentation, gearing their products to consumer groups based on factors such as nationality, social status, and ethnicity. Leaders operating in the market include Wells Fargo, Pictet, HSBC, UBS, Credit Suisse, and RBC.

Regional Banking Market Share

The global banking industry(which includes both retail banking and investment banking) growth will be driven by cross-border expansion due to the breaking down of obstacles to cross-border investment. Competition between international banks is also forecast to fuel market growth along with the introduction of new products, reduction of costs and launch of new services.

Read more »

Share

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 47000 reports

Global Banking Industry - Forecast

  • February 2017
    8 pages
  • Banking  

  • Philippines  

    Asia  

    United States  

View report >

The future of the Banking Industry in the US

  • February 2017
    5 pages
  • Banking  

  • United States  

View report >

Banking Markets in Europe

  • February 2017
    6 pages
  • Banking  

View report >

Banking Industry in Asia and Malaysia

  • February 2017
    7 pages
  • Asia  

    Malaysia  

    India  

View report >

Banking Demand Forecast in Japan, Weekly Update

  • February 2017
    8 pages
  • Banking  

  • Japan  

    Germany  

View report >

Banking Industry in France

  • August 2016
    7 pages
  • Banking  

  • France  

View report >

Banking Industry in Italy - Forecast

  • February 2017
    6 pages
  • Banking  

  • Italy  

    Europe  

View report >

Banking Industry in the UK - Forecast

  • February 2017
    11 pages
  • Banking  

  • United Kingdom  

View report >

Banking Industry in Canada and the US

  • February 2017
    5 pages
  • Banking  

  • Canada  

    United States  

View report >


About 5700 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 87 - $ 5795)

Blockchain Technology Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Blockchain Technology Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • January 2017
  • by Transparency Market Research

Global Blockchain Technology Market: Overview Blockchain technology offers a secure, fast, and cheaper medium of carrying out online transaction and online transfer of information without the need of third ...

Top 10 Telecom Technologies - Forecast To 2021

February 2017 $ 5650

Smart Ticketing Market By Product, Component, System, A ...

January 2017 $ 5650

Customer Experience Management Market By Touch Point, V ...

November 2016 $ 5650

Biometric System Market By Authentication Type, Compone ...

November 2016 $ 5650

Uk Savings: 2016 Review, Forecasts And Future Opportuni ...

January 2017 $ 5250

2017: Key Trends In Retail Banking

January 2017 $ 5250

2017: Trends To Watch In Global Wealth Management

December 2016 $ 5250

Discretionary Asset Management: Hnw Demand And Drivers

November 2016 $ 5250

Cognitive Systems Spending Market: Banking Application ...

January 2017 $ 5000

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.