Global Core Banking Software Market Size & Outlook

The core banking software industry worldwide is expected to reach a projected revenue of US$ 21,610.3 million by 2030. A compound annual growth rate of 9.3% is expected of the worldwide core banking software industry from 2024 to 2030.

Revenue, 2023 (US$M)
$11,566.8
Forecast, 2030 (US$M)
$21,610.3
CAGR, 2024 - 2030
9.3%
Report Coverage
Worldwide

Global core banking software market highlights

  • The global core banking software market generated a revenue of USD 11,566.8 million in 2023 and is expected to reach USD 21,610.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9.3% by 2030.
  • In terms of segment, solution accounted for a revenue of USD 7,409.4 million in 2023.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 11,566.8 million
Market revenue in 2030USD 21,610.3 million
Growth rate9.3% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentService
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Service

Other key industry trends

  • In terms of revenue, the North America accounted for 27.2% of the global core banking software market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 4,176.4 million by 2030.

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Core Banking Software Market Companies

Name Profile # Employees HQ Website

Global core banking software market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to core banking software market will help companies and investors design strategic landscapes.


solution was the largest segment with a revenue share of 64.06% in 2023. Horizon Databook has segmented the Global core banking software market based on solution, service covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Core Banking Software Component Outlook (Revenue, USD Million, 2017-2030)
    • Solution
      • Deposits
      • Loans
      • Enterprise Customer Solutions
      • Others
    • Service
      • Professional Service
      • Managed Service
  • Global Core Banking Software Deployment Outlook (Revenue, USD Million, 2017-2030)
    • Cloud
    • On-premise
  • Global Core Banking Software End Use Outlook (Revenue, USD Million, 2017-2030)
    • Banks
    • Financial Institutions
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global core banking software market , including forecasts for subscribers. This global databook contains high-level insights into Global core banking software market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global core banking software market statistics, by region, 2017-2030 (US$M)

Top 10 countries: Core banking software market size, 2023 (USD Million)

Top 10 countries: Core banking software market size, 2023 (USD Million)

Global core banking software market, by region, 2023 (US$M)

Global core banking software market statistics, by region, 2017-2030 (US$M)

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