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Showing posts with the label India Digital Banking Market report and growth

India Digital Banking Market Analysis, Share, Trends, Demand, Size, Opportunity & Forecast

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  India Digital Banking Market  is expected to grow at a CAGR of over 22% during 2019-2024 owing to growing technological advancements, increasing internet penetration, and a growing number of smartphone users in India. Digital banking has made banking faster, easier, more convenient, and more efficient which drives the growth of the digital banking market in the country. Moreover, growing population in India, brick-and-mortar banks would not be able to provide services to their increasing customers base that’s why the customers are moving towards digital banking systems and banks are pushing their customers for digital banking systems since digital banking systems can serve large customers and can manage large customer databases. Based on product type, the market has been categorized into PC and Mobile. In 2018, the PC segment dominated the market owing to increasing internet penetration among consumers and the mobile segment is anticipated to dominate the market during the f...