Open Banking is a financial services term as part of financial technology that refers to: The use of Open APIs that enable third party developers to build applications and services around the financial institution. Greater financial transparency options for account holders ranging from Open Data to private data.

This report elaborates the market size, market characteristics, and market growth of the Open Banking industry, and breaks down according to the type, application, and consumption area of Open Banking. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Open Banking in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.

In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.

Key players in the global Open Banking market covered in Chapter 13:

Citigroup

Capital One

Lloyds Banking Group

BBVA

DBS Bank

Nationwide Building Society

Wells Fargo

HSBC Bank plc

Barclays

Banco Santander

Royal Bank of Scotland Group

In Chapter 6, on the basis of types, the Open Banking market from 2015 to 2025 is primarily split into:

Cloud

On-premises

Hybrid

In Chapter 7, on the basis of applications, the Open Banking market from 2015 to 2025 covers:

Banks

Fintechs

Retailers

Financial Institutions

Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:

United States

Europe

China

Japan

India

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:

North America (Covered in Chapter 8)

United States

Canada

Mexico

Europe (Covered in Chapter 9)

Germany

UK

France

Italy

Spain

Others

Asia-Pacific (Covered in Chapter 10)

China

Japan

India

South Korea

Southeast Asia

Others

Middle East and Africa (Covered in Chapter 11)

Saudi Arabia

UAE

South Africa

Others

South America (Covered in Chapter 12)

Brazil

Others

Years considered for this report:

Historical Years: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2020-2025

Table of Content

1 Open Banking Market - Research Scope

1.1 Study Goals

1.2 Market Definition and Scope

1.3 Key Market Segments

1.4 Study and Forecasting Years

2 Open Banking Market - Research Methodology

2.1 Methodology

2.2 Research Data Source

2.2.1 Secondary Data

2.2.2 Primary Data

2.2.3 Market Size Estimation

2.2.4 Legal Disclaimer

3 Open Banking Market Forces

3.1 Global Open Banking Market Size

3.2 Top Impacting Factors (PESTEL Analysis)

3.2.1 Political Factors

3.2.2 Economic Factors

3.2.3 Social Factors

3.2.4 Technological Factors

3.2.5 Environmental Factors

3.2.6 Legal Factors

3.3 Industry Trend Analysis

3.4 Industry Trends Under COVID-19

3.4.1 Risk Assessment on COVID-19

3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry

3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario

3.5 Industry Risk Assessment

4 Open Banking Market - By Geography

4.1 Global Open Banking Market Value and Market Share by Regions

4.1.1 Global Open Banking Value ($) by Region (2015-2020)

4.1.2 Global Open Banking Value Market Share by Regions (2015-2020)

4.2 Global Open Banking Market Production and Market Share by Major Countries

4.2.1 Global Open Banking Production by Major Countries (2015-2020)

4.2.2 Global Open Banking Production Market Share by Major Countries (2015-2020)

4.3 Global Open Banking Market Consumption and Market Share by Regions

4.3.1 Global Open Banking Consumption by Regions (2015-2020)

4.3.2 Global Open Banking Consumption Market Share by Regions (2015-2020)

5 Open Banking Market - By Trade Statistics

5.1 Global Open Banking Export and Import

5.2 United States Open Banking Export and Import (2015-2020)

5.3 Europe Open Banking Export and Import (2015-2020)

5.4 China Open Banking Export and Import (2015-2020)

5.5 Japan Open Banking Export and Import (2015-2020)

5.6 India Open Banking Export and Import (2015-2020)

5.7

6 Open Banking Market - By Type

6.1 Global Open Banking Production and Market Share by Types (2015-2020)

6.1.1 Global Open Banking Production by Types (2015-2020)

6.1.2 Global Open Banking Production Market Share by Types (2015-2020)

6.2 Global Open Banking Value and Market Share by Types (2015-2020)

6.2.1 Global Open Banking Value by Types (2015-2020)

6.2.2 Global Open Banking Value Market Share by Types (2015-2020)

6.3 Global Open Banking Production, Price and Growth Rate of Cloud (2015-2020)

6.4 Global Open Banking Production, Price and Growth Rate of On-premises (2015-2020)

6.5 Global Open Banking Production, Price and Growth Rate of Hybrid (2015-2020)

7 Open Banking Market - By Application

7.1 Global Open Banking Consumption and Market Share by Applications (2015-2020)

7.1.1 Global Open Banking Consumption by Applications (2015-2020)

7.1.2 Global Open Banking Consumption Market Share by Applications (2015-2020)

7.2 Global Open Banking Consumption and Growth Rate of Banks (2015-2020)

7.3 Global Open Banking Consumption and Growth Rate of Fintechs (2015-2020)

7.4 Global Open Banking Consumption and Growth Rate of Retailers (2015-2020)

7.5 Global Open Banking Consumption and Growth Rate of Financial Institutions (2015-2020)

8 North America Open Banking Market

8.1 North America Open Banking Market Size

8.2 United States Open Banking Market Size

8.3 Canada Open Banking Market Size

8.4 Mexico Open Banking Market Size

8.5 The Influence of COVID-19 on North America Market

9 Europe Open Banking Market Analysis

9.1 Europe Open Banking Market Size

9.2 Germany Open Banking Market Size

9.3 United Kingdom Open Banking Market Size

9.4 France Open Banking Market Size

9.5 Italy Open Banking Market Size

9.6 Spain Open Banking Market Size

9.7 The Influence of COVID-19 on Europe Market

10 Asia-Pacific Open Banking Market Analysis

10.1 Asia-Pacific Open Banking Market Size

10.2 China Open Banking Market Size

10.3 Japan Open Banking Market Size

10.4 South Korea Open Banking Market Size

10.5 Southeast Asia Open Banking Market Size

10.6 India Open Banking Market Size

10.7 The Influence of COVID-19 on Asia Pacific Market

11 Middle East and Africa Open Banking Market Analysis

11.1 Middle East and Africa Open Banking Market Size

11.2 Saudi Arabia Open Banking Market Size

11.3 UAE Open Banking Market Size

11.4 South Africa Open Banking Market Size

11.5 The Influence of COVID-19 on Middle East and Africa Market

12 South America Open Banking Market Analysis

12.1 South America Open Banking Market Size

12.2 Brazil Open Banking Market Size

12.3 The Influence of COVID-19 on South America Market

13 Company Profiles

13.1 Citigroup

13.1.1 Citigroup Basic Information

13.1.2 Citigroup Product Profiles, Application and Specification

13.1.3 Citigroup Open Banking Market Performance (2015-2020)

13.2 Capital One

13.2.1 Capital One Basic Information

13.2.2 Capital One Product Profiles, Application and Specification

13.2.3 Capital One Open Banking Market Performance (2015-2020)

13.3 Lloyds Banking Group

13.3.1 Lloyds Banking Group Basic Information

13.3.2 Lloyds Banking Group Product Profiles, Application and Specification

13.3.3 Lloyds Banking Group Open Banking Market Performance (2015-2020)

13.4 BBVA

13.4.1 BBVA Basic Information

13.4.2 BBVA Product Profiles, Application and Specification

13.4.3 BBVA Open Banking Market Performance (2015-2020)

13.5 DBS Bank

13.5.1 DBS Bank Basic Information

13.5.2 DBS Bank Product Profiles, Application and Specification

13.5.3 DBS Bank Open Banking Market Performance (2015-2020)

13.6 Nationwide Building Society

13.6.1 Nationwide Building Society Basic Information

13.6.2 Nationwide Building Society Product Profiles, Application and Specification

13.6.3 Nationwide Building Society Open Banking Market Performance (2015-2020)

13.7 Wells Fargo

13.7.1 Wells Fargo Basic Information

13.7.2 Wells Fargo Product Profiles, Application and Specification

13.7.3 Wells Fargo Open Banking Market Performance (2015-2020)

13.8 HSBC Bank plc

13.8.1 HSBC Bank plc Basic Information

13.8.2 HSBC Bank plc Product Profiles, Application and Specification

13.8.3 HSBC Bank plc Open Banking Market Performance (2015-2020)

13.9 Barclays

13.9.1 Barclays Basic Information

13.9.2 Barclays Product Profiles, Application and Specification

13.9.3 Barclays Open Banking Market Performance (2015-2020)

13.10 Banco Santander

13.10.1 Banco Santander Basic Information

13.10.2 Banco Santander Product Profiles, Application and Specification

13.10.3 Banco Santander Open Banking Market Performance (2015-2020)

13.11 Royal Bank of Scotland Group

13.11.1 Royal Bank of Scotland Group Basic Information

13.11.2 Royal Bank of Scotland Group Product Profiles, Application and Specification

13.11.3 Royal Bank of Scotland Group Open Banking Market Performance (2015-2020)

14 Market Forecast - By Regions

14.1 North America Open Banking Market Forecast (2020-2025)

14.2 Europe Open Banking Market Forecast (2020-2025)

14.3 Asia-Pacific Open Banking Market Forecast (2020-2025)

14.4 Middle East and Africa Open Banking Market Forecast (2020-2025)

14.5 South America Open Banking Market Forecast (2020-2025)

15 Market Forecast - By Type and Applications

15.1 Global Open Banking Market Forecast by Types (2020-2025)

15.1.1 Global Open Banking Market Forecast Production and Market Share by Types (2020-2025)

15.1.2 Global Open Banking Market Forecast Value and Market Share by Types (2020-2025)

15.2 Global Open Banking Market Forecast by Applications (2020-2025)

List of Tables and Figures

Figure Open Banking Picture

Table Open Banking Key Market Segments

Figure Study and Forecasting Years

Figure Global Open Banking Market Size and Growth Rate 2015-2025

Figure Industry PESTEL Analysis

Figure Global COVID-19 Status

Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19

Figure Global Open Banking Value ($) and Growth Rate (2015-2020)

Table Global Open Banking Value ($) by Countries (2015-2020)

Table Global Open Banking Value Market Share by Regions (2015-2020)

Figure Global Open Banking Value Market Share by Regions in 2019

Figure Global Open Banking Production and Growth Rate (2015-2020)

Table Global Open Banking Production by Major Countries (2015-2020)

Table Global Open Banking Production Market Share by Major Countries (2015-2020)

Figure Global Open Banking Production Market Share by Regions in 2019

Figure Global Open Banking Consumption and Growth Rate (2015-2020)

Table Global Open Banking Consumption by Regions (2015-2020)

Table Global Open Banking Consumption Market Share by Regions (2015-2020)

Figure Global Open Banking Consumption Market Share by Regions in 2019

Table Global Open Banking Export Top 3 Country 2019

Table Global Open Banking Import Top 3 Country 2019

Table United States Open Banking Export and Import (2015-2020)

Table Europe Open Banking Export and Import (2015-2020)

Table China Open Banking Export and Import (2015-2020)

Table Japan Open Banking Export and Import (2015-2020)

Table India Open Banking Export and Import (2015-2020)

Table Global Open Banking Production by Types (2015-2020)

Table Global Open Banking Production Market Share by Types (2015-2020)

Figure Global Open Banking Production Share by Type (2015-2020)

Table Global Open Banking Value by Types (2015-2020)

Table Global Open Banking Value Market Share by Types (2015-2020)

Figure Global Open Banking Value Share by Type (2015-2020)

Figure Global Cloud Production and Growth Rate (2015-2020)

Figure Global Cloud Price (2015-2020)

Figure Global On-premises Production and Growth Rate (2015-2020)

Figure Global On-premises Price (2015-2020)

Figure Global Hybrid Production and Growth Rate (2015-2020)

Figure Global Hybrid Price (2015-2020)

Table Global Open Banking Consumption by Applications (2015-2020)

Table Global Open Banking Consumption Market Share by Applications (2015-2020)

Figure Global Open Banking Consumption Share by Application (2015-2020)

Figure Global Banks Consumption and Growth Rate (2015-2020)

Figure Global Fintechs Consumption and Growth Rate (2015-2020)

Figure Global Retailers Consumption and Growth Rate (2015-2020)

Figure Global Financial Institutions Consumption and Growth Rate (2015-2020)

Figure North America Open Banking Market Consumption and Growth Rate (2015-2020)

Table North America Open Banking Consumption by Countries (2015-2020)

Table North America Open Banking Consumption Market Share by Countries (2015-2020)

Figure North America Open Banking Consumption Market Share by Countries (2015-2020)

Figure United States Open Banking Market Consumption and Growth Rate (2015-2020)

Figure Canada Open Banking Market Consumption and Growth Rate (2015-2020)

Figure Mexico Open Banking Market Consumption and Growth Rate (2015-2020)

Figure North America COVID-19 Status

Figure Europe Open Banking Market Consumption and Growth Rate (2015-2020)

Table Europe Open Banking Consumption by Countries (2015-2020)

Table Europe Open Banking Consumption Market Share by Countries (2015-2020)

Figure Europe Open Banking Consumption Market Share by Countries (2015-2020)

Figure Germany Open Banking Market Consumption and Growth Rate (2015-2020)

Figure United Kingdom Open Banking Market Consumption and Growth Rate (2015-2020)

Figure France Open Banking Market Consumption and Growth Rate (2015-2020)

Figure Italy Open Banking Market Consumption and Growth Rate (2015-2020)

Figure Spain Open Banking Market Consumption and Growth Rate (2015-2020)

Figure Europe COVID-19 Status

Figure Asia-Pacific Open Banking Market Consumption and Growth Rate (2015-2020)

Table Asia-Pacific Open Banking Consumption by Countries (2015-2020)

Table Asia-Pacific Open Banking Consumption Market Share by Countries (2015-2020)

Figure Asia-Pacific Open Banking Consumption Market Share by Countries (2015-2020)

Figure China Open Banking Market Consumption and Growth Rate (2015-2020)

Figure Japan Open Banking Market Consumption and Growth Rate (2015-2020)

Figure South Korea Open Banking Market Consumption and Growth Rate (2015-2020)

Figure Southeast Asia Open Banking Market Consumption and Growth Rate (2015-2020)

Figure India Open Banking Market Consumption and Growth Rate (2015-2020)

Figure Asia Pacific COVID-19 Status

Figure Middle East and Africa Open Banking Market Consumption and Growth Rate (2015-2020)

Table Middle East and Africa Open Banking Consumption by Countries (2015-2020)

Table Middle East and Africa Open Banking Consumption Market Share by Countries (2015-2020)

Figure Middle East and Africa Open Banking Consumption Market Share by Countries (2015-2020)

Figure Saudi Arabia Open Banking Market Consumption and Growth Rate (2015-2020)

Figure UAE Open Banking Market Consumption and Growth Rate (2015-2020)

Figure South Africa Open Banking Market Consumption and Growth Rate (2015-2020)

Figure South America Open Banking Market Consumption and Growth Rate (2015-2020)

Table South America Open Banking Consumption by Countries (2015-2020)

Table South America Open Banking Consumption Market Share by Countries (2015-2020)

Figure South America Open Banking Consumption Market Share by Countries (2015-2020)

Figure Brazil Open Banking Market Consumption and Growth Rate (2015-2020)

Table Citigroup Company Profile

Table Citigroup Production, Value, Price, Gross Margin 2015-2020

Figure Citigroup Production and Growth Rate

Figure Citigroup Value ($) Market Share 2015-2020

Table Capital One Company Profile

Table Capital One Production, Value, Price, Gross Margin 2015-2020

Figure Capital One Production and Growth Rate

Figure Capital One Value ($) Market Share 2015-2020

Table Lloyds Banking Group Company Profile

Table Lloyds Banking Group Production, Value, Price, Gross Margin 2015-2020

Figure Lloyds Banking Group Production and Growth Rate

Figure Lloyds Banking Group Value ($) Market Share 2015-2020

Table BBVA Company Profile

Table BBVA Production, Value, Price, Gross Margin 2015-2020

Figure BBVA Production and Growth Rate

Figure BBVA Value ($) Market Share 2015-2020

Table DBS Bank Company Profile

Table DBS Bank Production, Value, Price, Gross Margin 2015-2020

Figure DBS Bank Production and Growth Rate

Figure DBS Bank Value ($) Market Share 2015-2020

Table Nationwide Building Society Company Profile

Table Nationwide Building Society Production, Value, Price, Gross Margin 2015-2020

Figure Nationwide Building Society Production and Growth Rate

Figure Nationwide Building Society Value ($) Market Share 2015-2020

Table Wells Fargo Company Profile

Table Wells Fargo Production, Value, Price, Gross Margin 2015-2020

Figure Wells Fargo Production and Growth Rate

Figure Wells Fargo Value ($) Market Share 2015-2020

Table HSBC Bank plc Company Profile

Table HSBC Bank plc Production, Value, Price, Gross Margin 2015-2020

Figure HSBC Bank plc Production and Growth Rate

Figure HSBC Bank plc Value ($) Market Share 2015-2020

Table Barclays Company Profile

Table Barclays Production, Value, Price, Gross Margin 2015-2020

Figure Barclays Production and Growth Rate

Figure Barclays Value ($) Market Share 2015-2020

Table Banco Santander Company Profile

Table Banco Santander Production, Value, Price, Gross Margin 2015-2020

Figure Banco Santander Production and Growth Rate

Figure Banco Santander Value ($) Market Share 2015-2020

Table Royal Bank of Scotland Group Company Profile

Table Royal Bank of Scotland Group Production, Value, Price, Gross Margin 2015-2020

Figure Royal Bank of Scotland Group Production and Growth Rate

Figure Royal Bank of Scotland Group Value ($) Market Share 2015-2020

Figure North America Market Consumption and Growth Rate Forecast (2020-2025)

Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)

Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)

Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)

Figure South America Market Consumption and Growth Rate Forecast (2020-2025)

Table Global Open Banking Market Forecast Production by Types (2020-2025)

Table Global Open Banking Market Forecast Production Share by Types (2020-2025)

Table Global Open Banking Market Forecast Value ($) by Types (2020-2025)

Table Global Open Banking Market Forecast Value Share by Types (2020-2025)

Table Global Open Banking Market Forecast Consumption by Applications (2020-2025)

Table Global Open Banking Market Forecast Consumption Share by Applications (2020-2025)

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)