Asia Pacific Open Banking Market Size & Outlook, 2023-2030

The open banking market in Asia Pacific is expected to reach a projected revenue of US$ 28,894.7 million by 2030. A compound annual growth rate of 28.7% is expected of Asia Pacific open banking market from 2024 to 2030.

Revenue, 2023 (US$M)
$4,942.8
Forecast, 2030 (US$M)
$28,894.7
CAGR, 2024 - 2030
28.7%
Report Coverage
Asia Pacific

Asia Pacific open banking market highlights

  • The Asia Pacific open banking market generated a revenue of USD 4,942.8 million in 2023.
  • The market is expected to grow at a CAGR of 28.7% from 2024 to 2030.
  • In terms of segment, banking & capital markets was the largest revenue generating services in 2023.
  • Payments is the most lucrative services segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 4,942.8 million
Market revenue in 2030USD 28,894.7 million
Growth rate28.7% (CAGR from 2023 to 2030)
Largest segmentBanking & capital markets
Fastest growing segmentPayments
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBanking & Capital Markets, Payments, Digital Currencies, Value Added Services
Key market players worldwideBanco Bilbao Vizcaya Argentaria SA ADR, Jack Henry & Associates Inc, Minerals Technologies Inc, AT&T, Credit Agricole SA, Demyst, Qwist, Finastra, FormFree, Mambu


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 19.7% of the global open banking market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 28,894.7 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Open Banking Market Companies

Name Profile # Employees HQ Website

Asia Pacific open banking 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 open banking market will help companies and investors design strategic landscapes.


Banking & capital markets was the largest segment with a revenue share of 45.19% in 2023. Horizon Databook has segmented the Asia Pacific open banking market based on banking & capital markets, payments, digital currencies, value added services covering the revenue growth of each sub-segment from 2017 to 2030.


Reasons to subscribe to Asia Pacific open banking market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Asia Pacific open banking market databook

  • Our clientele includes a mix of open banking market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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

Partial client list

  • logo

Asia Pacific open banking market size, by country, 2017-2030 (US$M)

Asia Pacific Open Banking Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific open banking market size, by country, 2017-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more