Forecast: Individuals Using Internet Banking in South East England (UK)

The forecast for individuals using internet banking in South East England shows a steady increase from 88.79% in 2024 to 95.91% in 2028. In 2023, the usage stood at 87.00%, indicating a robust trend of growing digital banking adoption with a yearly increase of around 1%-2%. The projected CAGR over the five-year period is approximately 2.2%, reflecting a consistent upward trajectory in internet banking usage.

Future trends to watch for include:

  • Integration of more advanced security measures to enhance user trust.
  • Greater adoption of financial technologies like AI-enhanced services.
  • Increased competition from digital-only banks challenging traditional financial institutions.

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