Middleton, Massachusetts, April 28, 2025 (GLOBE NEWSWIRE) — QKS Group, a premier market intelligence and advisory firm, has released its latest in-depth analysis of the global Open Banking Market, providing key insights for industry leaders looking to capitalize on this rapidly expanding market. The new reports – ‘Market Share: Open Banking, 2024, Worldwide & Regional Report’ and ‘Market Forecast: Open Banking, 2025-2030, Worldwide & Regional Report‘ – reveals a projected market valuation of $10.39 billion by 2030, growing at a CAGR of 8.85% from 2025 to 2030. This analysis equips businesses with the strategic intelligence needed to navigate the dynamic Open Banking landscape and make informed decisions as the market continues to evolve.
The Next Growth Frontier in Open Banking Platforms
Open Banking is reshaping how financial institutions share and access customer data by enabling secure, standardized APIs. It allows third-party providers to build services that interact with banks, promoting greater transparency, competition, and innovation. Through centralized access, banks and fintech can offer personalized experiences while maintaining strong security and compliance.
According to Pradnya Gugale, Principal Analyst at QKS Group, “Open Banking is no longer a futuristic concept -it’s a foundational shift in the financial ecosystem. By opening up APIs and …