インドのコアバンキングソフトウェア市場：展開別、エンドユーザー別、コンポーネント別、バンキングタイプ別、地域別、機会、予測、2018年～2032年

インドのコアバンキングソフトウェアの市場規模は、2024年～2032年の予測期間中に16.73％のCAGRで拡大し、2024年の6億8,200万米ドルから2032年には23億5,095万米ドルに成長すると予測されています。デジタルトランスフォーメーション、金融包摂の拡大、技術の進歩、コスト効率、規制遵守、農村・準市街地市場の拡大、インド化、市場拡大、セキュリティと不正防止、カスタマイズと拡張性のニーズの増加などの要因が、インドコアバンキングソフトウェア市場の要件を後押ししています。逆に、AIベースのバンキングシステムの出現と採用は、予測期間中に市場成長に有益な機会を提供すると予想されます。

コアバンキングソフトウェアの導入により、銀行は従来の元帳や紙ベースの手続きを、取引処理、会計、顧客情報管理をサポートするために設計されたメインフレームベースのシステムに置き換え始めました。システムはCOBOLプログラミング言語で製品ごとに開発されていたため、スパゲッティコードに関連するサイロ化されたアーキテクチャになっていました。

コアバンキングソフトウェアは、様々な銀行で利用可能なバンキング・サービスを変革し、様々な支店間でのリアルタイムのオンライン取引を容易にしました。このソフトウェアは、ユーザーが口座を管理し、取引を行い、当座預金の残高を開くためのプラットフォームを提供します。仕訳入力、口座開設、更新を可能にするアーキテクチャ・フレームワークの設計など、コア・タスクの実行に使用される現代の銀行業務の中心にあります。コアバンキングソフトウェアは、銀行が効率的に取引を処理し、支払いを管理し、財務記録を維持することを可能にするソフトウェアであるため、あらゆる銀行のバックボーンです。コアバンキングソフトウェアとは、銀行が効率的に取引を処理し、支払を管理し、財務記録を管理するためのソフトウェアであり、オンライン・バンキング・プラットフォームを一元化したシステムで提供し、利用者のローンや各種口座管理へのアクセスを改善します。

当レポートでは、インドのコアバンキングソフトウェア市場について調査し、市場の概要とともに、展開別、エンドユーザー別、コンポーネント別、バンキングタイプ別、地域別動向、および市場に参入する企業のプロファイルなどを提供しています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 顧客の声

第5章 インドのコアバンキングソフトウェア市場の見通し、2018年～2032年

• 市場規模の分析と予測
• 市場シェア分析と予測
• 市場マップ分析、2024年
  • 展開別
  • エンドユーザー別
  • コンポーネント別
  • バンキングタイプ別
  • 地域別

第6章 需要供給分析

第7章 バリューチェーン分析

第8章 ポーターのファイブフォース分析

第9章 PESTLE分析

第10章 ソフトウェア価格分析

第11章 市場力学

• 市場の促進要因
• 市場の課題

第12章 市場の動向と発展

第13章 ケーススタディ

第14章 競合情勢

• 市場リーダートップ5の競合マトリックス
• 参入企業トップ5のSWOT分析
• 市場の主要参入企業トップ10の情勢
  • Infosys Technologies Private Limited
  • Tata Consultancy Services Ltd.
  • Finacus Solutions Pvt. Ltd.
  • Trust Fintech Limited
  • PureSoftware Technologies Private Limited
  • Western India Palm Refined Oils Limited (WIPRO)
  • Oracle Corporation
  • Infrasoft Technologies Ltd
  • Intellect Design Arena Ltd
  • Newgen Software Technologies Limited

第15章 戦略的提言

第16章 お問い合わせと免責事項

List of Tables

• Table 1. Pricing Analysis of Products from Key Players
• Table 2. Competition Matrix of Top 5 Market Leaders
• Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Core Banking Software Market, By Value, In USD Million, FY2018-FY2032F
• Figure 2. India Core Banking Software Market Share (%), By Deployment Mode, FY2018-FY2032F
• Figure 3. India Core Banking Software Market Share (%), By End-user, FY2018-FY2032F
• Figure 4. India Core Banking Software Market Share (%), By Component, FY2018-FY2032F
• Figure 5. India Core Banking Software Market Share (%), By Banking Type, FY2018-FY2032F
• Figure 6. India Core Banking Software Market Share (%), By Region, FY2018-FY2032F
• Figure 7. By Deployment Mode Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 8. By End-user Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 9. By Component Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 10. By Banking Type Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 11. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2024

India core banking software is projected to witness a CAGR of 16.73% during the forecast period FY2024-FY2032, growing from USD 682 million in FY2024 to USD 2350.95 million in FY2032. Factors such as digital transformation, increased financial inclusion, technological advancements, cost efficiency, regulatory compliance, expanding rural and semi urban markets, Indianization, market expansion, security and fraud prevention, and increase in customization and scalability needs aids the requirement of the India core banking software market. On the contrary, the emergence and adoption of AI-based banking system is expected to provide profitable opportunities for market growth during the forecast period.

With the introduction of core banking software, banks started replacing traditional ledgers and paper-based procedures with mainframe-based systems designed to support transaction processing, accounting, and customer information management. The systems were developed product-wise in the COBOL programming language, which led to the siloed architectures associated with spaghetti code.

The core banking software has transformed the banking services available in various banks, facilitating real-time online transactions across many different branches. The software provides a platform for the user to manage their accounts, conduct transactions, and open checking account balances. They are at the center of modern banking activities used in performing core tasks such as journal entries, opening of accounts, and designing architectural framework which makes updates possible. Core banking software is the backbone of any bank as this is the software that enables banks to process transactions efficiently, manage payments, and maintain financial records. It provides an online banking platform with a centralized system to improve access to loans and various account management facilities for users.

The continued investment in FinTech technologies and CBS solutions underlines the market demand for ease in customer account management and secure digital experiences in banking. This trend, therefore, brings out the role played by adaptable software solutions in ensuring continuity of service excellence.

Increasing Adoption of AI-based Banking Systems Promote Market Growth

The integration of advanced technologies such as cloud computing, big data analytics, and artificial intelligence (AI) is transforming banking operations, making them more efficient and customer centric. AI innovations enable banks to visualize data, respond rapidly to customer enquiries, and turn complex information into actionable insights. A study by Nanjing University of Information Science and Technology highlights that banking professionals rely on AI-driven analytics for robust business analysis and strategic decision-making. AI-powered chatbots and digital assistants are now integral to core banking systems, providing continuous, seamless customer support, and troubleshooting issues in real-time. The real-time support enhances customer experience and elevates overall service quality. AI-based core banking software boosts network security and accelerates digital transformation, leading to improved service delivery and greater consumer satisfaction. As the adoption of these technologies grow, significant opportunities for growth are anticipated. The future of banking is increasingly tied to the effective use of AI, prompting key industry players to form strategic partnerships to develop innovative AI solutions.

In April 2024, Zand Bank (Zand), UAE's first digital-only bank, announced the bank's decision to subscribe to the Infosys Finacle Solutions suite to power its corporate banking services. The deployment of Infosys Finacle's advanced cloud-native solutions on Microsoft Azure is a testament to Zand's commitment to provide a customer-centric, future-ready banking experience, underpinned by the latest in AI and predictive analytics.

Rise in FinTech Drives Growth of Market

India is amongst the fastest growing FinTech markets in the world. Large financial markets players have started strengthening their fintech investments, something that could turn out to be strategic with regard to the adoption of advanced solutions into their operations. Investor sentiment remains relatively cautious at the beginning of 2024, particularly due to concerns surrounding sustainable profitability. However, the growth prospects for the fintech sector appear strong. This is especially evident in areas such as community banks, which require innovative core banking software to enhance operational efficiency. The adoption of such technologies across various banking institutions, including midsize banks, small banks, and credit unions, further drive market growth, creating a dynamic environment fueled by innovation and digital transformation.

In March 2024, Nirmala Sitharaman, India's finance minister's interim budget for the FinTech sector unveils a promising landscape with a USD 12 billion (INR 1 lakh crore) fund offering 50-year interest-free loans to fintech for tech-driven growth, fostering innovation and potentially intensifying competition in lending.

India's Vision to Drive the India Core Banking Software Market Growth

An array of FinTech startups has sprouted out of the dynamic environment of the emerging regions in India, transforming the banking and financial markets with novel solutions and technologies. They are coming up with new financial products and services, making it easy, efficient, and effective in carrying financial transactions.

Equally, banks have recently been cooperating with other sectors outside the traditional banking space. The inter-sectoral cooperation that is beginning to open up new avenues and prospects for the banking sector in which banks and financial institutions are trying to think of newer ways of integrating their services with other sectors. Ultimately, this would lead to a much more connected and versatile financial ecosystem. These trends identify the country as a financial innovation hub and are striving towards shifting the landscape of financial services.

For instance, The India Stack, introduced by the government, revolutionizes India's banking sector with key components such as Aadhaar for biometric ID, Unified Payments Interface (UPI) for instant transactions, and e-KYC for streamlined customer verification. The India Stack has revolutionized access to financial services, making it easier for banks to verify identities, process transactions, and offer personalized services. The government-supported initiative has significantly contributed to the digital transformation of India's banking sector.

Future Market Scenario (FY2024 - FY2032F)

Regulators will adopt a more active role in enforcing policies to enhance the transparency of AI algorithms, eliminate biases, safeguard data privacy, and ensure the equitable use of customer information. In parallel, banks and service providers will prioritize the ethical application of AI, rather than concentrating solely on the financial benefits derived from this technology.

The Reserve Bank of India (RBI) has been actively working on enhancing the regulatory framework to ensure the responsible use of AI in banking. In its latest report, the bank emphasized on the importance of transparency, data privacy, and fairness in AI applications.

Additionally, the RBI has adopted a regulatory sandbox approach, allowing banks to test AI and other emerging technologies under a controlled environment to ensure compliance and mitigate risks. This proactive stance aims to balance innovation with the ethical use of AI, ensuring that customer information is protected, and biases are minimized.

The approach reflects a broader trend where Indian banks are increasingly focusing on the responsible use of AI for economic gains and enhancing customer trust and regulatory compliance.

Key Players Landscape and Outlook

Companies are competing with one another in the India core banking software market, along with regional competition. The strategies of these vendors bring empowerment to clients to come up with innovative digital banking services both quickly and at low cost. Key players have been involved in business development, collaboration, diversification of the product portfolio, acquisitions, and merger of companies. This further supports cloud-based solution distribution, thereby bridging the gap between demand and supply within the India core banking software market and improving customer experience across various integral innovations.

In June 2024, PureSoftware wins the Best Banking-as-a-Service Platform of the Year Award at the 14th Africa Bank 4.0 Summit conducted by BII World. The award recognizes PureSoftware's outstanding contribution to the financial industry with its cutting-edge digital banking platform, Arttha.

In April 2024, Fiserv, the USD 19 billion US-based fintech and financial services company, wants to expand its business in India, the biggest market in Asia-Pacific. It plans to launch its payment solution product, Clover, for small businesses.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Software and Market Intelligence
• 4.2. Factors Considered in Purchase Decisions
  • 4.2.1. Brand Name
  • 4.2.2. IT Infrastructure Compatibility
  • 4.2.3. Security Measures
  • 4.2.4. After-Sales Support
  • 4.2.5. Ease of use
• 4.3. Consideration of Data Privacy

5. India Core Banking Software Market Outlook, FY2018-FY2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Deployment
    • 5.2.1.1. On-premises
    • 5.2.1.2. Cloud-based
  • 5.2.2. By End-user
    • 5.2.2.1. Banks
      • 5.2.2.1.1. Retail
      • 5.2.2.1.2. Corporate
    • 5.2.2.2. Financial Institutions
      • 5.2.2.2.1. Treasury
      • 5.2.2.2.2. Wealth Management
    • 5.2.2.3. Others
  • 5.2.3. By Component
    • 5.2.3.1. Solution
    • 5.2.3.2. Service
  • 5.2.4. By Banking Type
    • 5.2.4.1. Large Banks
    • 5.2.4.2. Mid-Size Banks
    • 5.2.4.3. Small Banks
    • 5.2.4.4. Community Banks
    • 5.2.4.5. Credit Unions
  • 5.2.5. By Region
    • 5.2.5.1. North
    • 5.2.5.2. East
    • 5.2.5.3. West and Central
    • 5.2.5.4. South
  • 5.2.6. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
• 5.3. Market Map Analysis, FY2024
  • 5.3.1. By Deployment
  • 5.3.2. By End-user
  • 5.3.3. By Component
  • 5.3.4. By Banking Type
  • 5.3.5. By Region

6. Demand Supply Analysis

7. Value Chain Analysis

8. Porter's Five Forces Analysis

9. PESTLE Analysis

10. Software Pricing Analysis

11. Market Dynamics

• 11.1. Market Drivers
• 11.2. Market Challenges

12. Market Trends and Developments

13. Case Studies

14. Competitive Landscape

• 14.1. Competition Matrix of Top 5 Market Leaders
• 14.2. SWOT Analysis for Top 5 Players
• 14.3. Key Players Landscape for Top 10 Market Players
  • 14.3.1. Infosys Technologies Private Limited
    • 14.3.1.1. Company Details
    • 14.3.1.2. Key Management Personnel
    • 14.3.1.3. Products and Services
    • 14.3.1.4. Financials (As Reported)
    • 14.3.1.5. Key Market Focus and Geographical Presence
    • 14.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 14.3.2. Tata Consultancy Services Ltd.
  • 14.3.3. Finacus Solutions Pvt. Ltd.
  • 14.3.4. Trust Fintech Limited
  • 14.3.5. PureSoftware Technologies Private Limited
  • 14.3.6. Western India Palm Refined Oils Limited (WIPRO)
  • 14.3.7. Oracle Corporation
  • 14.3.8. Infrasoft Technologies Ltd
  • 14.3.9. Intellect Design Arena Ltd
  • 14.3.10. Newgen Software Technologies Limited

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

15. Strategic Recommendations

16. About Us and Disclaimer