Canada Neobanking Market Size & Outlook, 2022-2030
Canada neobanking market, 2018-2030 (US$M)
Related Markets
Canada neobanking market highlights
- The Canada neobanking market generated a revenue of USD 2,120.0 million in 2022 and is expected to reach USD 71,960.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 55.4% from 2023 to 2030.
- In terms of segment, business account was the largest revenue generating account type in 2022.
- Savings Account is the most lucrative account type segment registering the fastest growth during the forecast period.
Neobanking market data book summary
| Market revenue in 2022 | USD 2,120.0 million |
| Market revenue in 2030 | USD 71,960.0 million |
| Growth rate | 55.4% (CAGR from 2022 to 2030) |
| Largest segment | Business account |
| Fastest growing segment | Savings Account |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Business Account, Savings Account |
| Key market players worldwide | Banco Bilbao Vizcaya Argentaria SA ADR, National Australia Bank Ltd, Atom Bank, Fidor Bank, Monzo, Moven, MyBank, N26, Revolut, WeBank |
Other key industry trends
- In terms of revenue, Canada accounted for 3.2% of the global neobanking market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. neobanking market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 71,960.0 million by 2030.
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Neobanking Market Scope
Neobanking Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada neobanking 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 neobanking market will help companies and investors design strategic landscapes.
Business account was the largest segment with a revenue share of 65.57% in 2022. Horizon Databook has segmented the Canada neobanking market based on business account, savings account covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Neobanking Account Type Outlook (Revenue, USD Million, 2018-2030)
- Business Account
- Savings Account
- Canada Neobanking Application Outlook (Revenue, USD Million, 2018-2030)
- Enterprises
- Personal
- Others
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Target buyers of Canada neobanking market databook
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Our clientele includes a mix of neobanking market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada neobanking market , including forecasts for subscribers. This country databook contains high-level insights into Canada neobanking market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada neobanking market size, by account type, 2018-2030 (US$M)
Canada Neobanking Market Outlook Share, 2022 & 2030 (US$M)
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