BFSI & Financial Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Mobile Banking Apps
Overview
Market size
$18.5B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.3
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$22.7B
What changed
Demand by region
North America demand35%
Europe demand28%
Asia Pacific demand22%
Latin America demand10%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Software engineering and development labor45%
Cloud infrastructure and hosting services20%
Security protocols and compliance auditing15%
UI/UX design and product management10%
Third party API integrations and licensing10%
share of delivered cost (analyst estimate)