Press release
India Neo Banking Market Forecast, Market Competition, Outlook to 2027: Ken Research
By Application of Users
Neo Banking market in India can be segmented based on Purpose of Usage: Personal, Enterprise and Others where personal application users accounted for the highest market share of XX% as compared to the enterprise users and other users in the year 2021. Attributed to the fact that after Covid-19, there is an increase in online shopping rather than going to the stores, which in turn increased the Neo Banking usage.
By operation on Region
Neo Banking market in India can also be segmented on the basis of Region: North, West, East and South, where the regions are fairly distributed with West and South regions as the highest contributors at XX% of share, and Eastern region as the lowest share.
By Type of Account
Neo Banking market in India can be segmented on the basis of Type of Account: Saving Neo Banking Account and Current Neo Banking Account where Saving Neo Banking are dominating the Indian Neo Banking industry with market share of XX% when compared to the Current Neo Banking on the basis of revenue contribution in 2021.
Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTg0MjY2
By Age Group of Users
Neo Banking market in India can also be segmented on the basis of Age Group of Users: 40. Age Group between 20 and 40 captures the major market share of XX% in 2021 on the basis of revenue contribution due to high internet and technology penetration among the Gen Y segment of the population.
Competitor Analysis of Neo Banking Players
Neo Banking industry is fragmented with multiple players and comparison has been done on qualitative and quantitative aspects among the major players in the Industry such as Revenue, Expenses, Users, Investments and more.
Company Profiling of Major Players
Company profile of major players mentioning the key players, incorporation time, financial information FY'17-21, Strength, Strategies, Recent development has been mentioned in the report for majority of the Neo Bank in the country.
Future Outlook and Projection
Indian Neo banking industry is expected to expand with a CAGR of XX% in between FY'22 and FY'27 on the basis of revenue generated. It is anticipated that Neo Banking industry will grow owing to factors such as increasing internet penetration and better product offerings in a competitive landscape in the coming years. India has been culturally conservative towards online banking and it is always believe in physical contact with the official. But new-age start-ups are very focused on changing this mentality by creating awareness about how Neo Bankings can be used for normal banking activities. Many new Neo Banks will be entering the Indian Neo Banking space by offering services to individuals and corporates. All Neo banks in this space are trying to attract customers through their digital offerings and will witness significant growth in new customers in the coming years. Banks and Card providers like VISA, Mastecard are also exploring partnerships with Neo Banking players to acquire new customers to their platforms. Traditional players need to take a cue from these players to enhance their offerings in the coming future. Teenagers are the untapped banking customer segment with no major offerings by the traditional players which has been overcome by Neo Banks such as FamPay, Akudo and more.
Key Segments Covered in Indian Neo banking Industry:-
Indian Neo banking Market
By Type of Accounts
Saving
Business
By Region of Operation
North
West
South
East
Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTg0MjY2
By Type of Application
Personal
Enterprise
Other
By Age of Users
Less than 20
Between 20-40
More than 40
Overview of India Neo banking Industry
Cross Comparison of Indian Neo banking Industry Players
Value Chain Analysis of Neo Banks
Investment Analysis in Neo Banking companies
Neo Banking Industry Analysis
Key Target Audience
Neo Banking Players
Credit Based Neo Banks
Payment Gateway Banks
Banking Institutions Payment System Operators
Associated or affiliated Banks with Neo Banks
Regulatory Bodies for Neo banking Players
FinTechs
Various Card holder providers
New Entrants in Neo banking Space
Potential Neo banking Users
Time Period Captured in the Report:-
Historical Period: FY'2017-FY'2021
Forecast Period: FY'2022-FY'2027F
Indian Neo banking Industry Players/Ecosystem
Neo Banks
InstantPay
NiYO
Freo
EscrowPay Neobank
Open
Avail Finance
RazorPayX
Fi Money
Jupiter
FamPay
Karbon Card
OneBanc
FloBiz
ZikZuk
Akudo
Mahila Money
Payment Gateways
PayU Money
CC Avenue
Paytm
Paypal
Instamojo
EBS
Cashfree
Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTg0MjY2
Key Topics Covered in the Report:-
Overview and Genesis of Indian Neo Banking Market
India Neo Banking Industry Cycle
Overview of Neo Banking Services/ Products
Consumption Expenditure and Borrowing Trends
Socio-Demographic Outlook of India
India Neo Banking Industry Introduction
Ecosystem of Entities in the Indian Neo Banking Industry
Value Chain Analysis of Neo Banking
India Neo Banking Market Sizing on the basis of Revenue and Number of players in the Neo Banking Industry
India Neo Banking Market Segmentation (By Type of Accounts, By Region of Operation, By Type Application and By Age Group of Users).
Cross Comparison of Major Players in Neo Banking Industry
Trends and Developments
Growth Drivers of the Indian Neo Banking Industry
Issues and Challenges in the Indian Neo-Banking Industry
Role of Government and Regulations in the Indian Neo-Banking Industry
Risk Involved and COVID Impact in Business Operations
Porter's five forces Analysis of the Indian Neo-Banking Industry
SWOT Analysis of the Indian Neo-Banking Industry
Investment Analysis of the Indian Neo Banking Industry
Investment Timeline of the Indian Neo Banking Industry
Investment Segmentation basis of type of Investment, Type of Investor
Increase in number of Neo Banking start-ups
Future Outlook and Projection for Market Sizing
Future Outlook and Projection for Market Segmentation
Computation of Addressable Market
Growth of Digital Lending
Company profile of major Neo Banks's players operating in the ecosystem (Company Overview, About the Company, Revenue Model, Funding and Investors, Key Features, Fee Structure, Product Offered, Strengths, Recent Developments, Key Takeaways and Financials)
Industry Speaks
Research Methodology
For More Information on the research report, refer to below link:-
https://www.kenresearch.com/banking-financial-services-and-insurance/banking/indian-neo-banking-industry-outlook-to-2027/584266-93.html
Related Reports:-
https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/india-buy-now-pay-later-market-outlook-to-2026/515064-93.html
https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/asia-credit-cards-market-outlook/289128-93.html
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
We currently cater to 300+ sectors with 150,000+ research repository across 196+ countries serving 1000+ clients and have partnered with almost 25+ content aggregators.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release India Neo Banking Market Forecast, Market Competition, Outlook to 2027: Ken Research here
News-ID: 2706996 • Views: …
More Releases from Ken Research Pvt Ltd
Increase in cybercrime results in India Digital Forensic Market to rise, with an …
With the rise in digital threats and cybercrimes, India Digital Forensic Market makes successive changes like integration of Artificial Intelligence, and marking its overall growth.
STORY OUTLINE
Using techniques like Data Recovery, Log Analysis and more, India Digital Forensic Market enhances its Computer Forensics.
Upgrades towards Network and Mobile Forensics are improving in cyber threats prevention, marking its increase in efficiency and security.
With the incorporation of Cloud Based services, advanced methods and easy…
Global Health Insurance market is expected to grow at a CAGR of ~6% by 2028: Ken …
Due to recent pandemic of Covid 19 health insurance market has grabbed growth ensuring economic help to comman man for better health care facilities with easy money handling and increasing awareness especially after COVID 19.
STORY OUTLINE
Launch of new policies, mergers, acquisitions and partnerships to propel growth in future
Covid 19 has a huge impact on the health insurance market on Global level.
Factors, which are responsible for the growth, are the higher…
Exploring the Investment Landscape in the UK Agricultural Equipment Market
Anticipated to achieve a CAGR of approximately 3.5% (2022-2027), the UK's agricultural equipment market expanded between 2014 and 2018, yet faced a significant downturn in 2019-2020 due to COVID-19.
STORY OUTLINE
The investment landscape in the UK agricultural equipment market is diverse, offering a spectrum of opportunities from established manufacturers to startups driving disruptive change.
Investors can benefit from the technological prowess of leading manufacturers like John Deere, CNH Industrial, and AGCO Corporation…
Unveiling the Thriving Landscape of UAE's IT Service Market
The IT services sector encompasses a diverse range of offerings, including but not limited to Cloud services, Cloud Applications, Datacenters, Artificial Intelligence (AI), Consulting Services, Connectivity Solutions, Security services, and other related services.
STORY OUTLINE
Digital Transformation Drive: UAE's IT market thrives on visionary government initiatives like "Smart Dubai" and "UAE Vision 2021," spurring sectoral evolution.
Cloud's Ascendancy: Rapid cloud adoption, coupled with AI, IoT, and blockchain, reshapes industries for scalability and innovation.
Security…
More Releases for Neo
Smart Intelligent Lithium NEO-Q ENG Battery| NEO SEMITECH
NEO SEMITECH Co., Ltd. is a smart factory-based IoT, ICT application technology company, and Smart Multi Sensing Technology (SMST) Series, Semiconductor measuring equipment, and semiconductor facilities such as the Analog-Digital Converter (ADC) and the Ion Decay Time Analyzer.
NEO SEMITECH Solution: Detects and analyzes all situations that may occur during the operation of a precise and sensitive semiconductor facility. Real-time monitoring and control are possible by applying state-of-the-art information and communication…
NEO Q Battery Pack Product | NEO SEMITECH
NEO SEMITECH CO., LTD. is a smart factory-based company specialized in IoT, ICT application technology. The semiconductor equipment is its main product that consists of Smart Multi Sensing Technology (SMST) Series products, and semiconductor facilities such as the Analog-Digital Converter (ADC) and the Ion Decay Time Analyzer.
Based on its advanced research facilities, excellent research personnel, abundant experience, and accumulated technology, it promises to continue to do its best to…
NEO Q Battery Pack Product | NEO SEMITECH
NEO SEMITECH CO., LTD. is a smart factory-based company specialized in IoT, ICT application technology. The semiconductor equipment is its main product that consists of Smart Multi Sensing Technology (SMST) Series products, and semiconductor facilities such as the Analog-Digital Converter (ADC) and the Ion Decay Time Analyzer.
Based on its advanced research facilities, excellent research personnel, abundant experience, and accumulated technology, it promises to continue to do its best to…
NEO Q Battery Pack Product | NEO SEMITECH
NEO SEMITECH CO., LTD. is a smart factory-based company specialized in IoT, ICT application technology. The semiconductor equipment is its main product that consists of Smart Multi Sensing Technology (SMST) Series products, and semiconductor facilities such as the Analog-Digital Converter (ADC) and the Ion Decay Time Analyzer.
Based on its advanced research facilities, excellent research personnel, abundant experience, and accumulated technology, it promises to continue to do its best to…
Neo and Challenger Bank Market by Type of Bank (Neo Bank and Challenger Bank)
Neo and Challenger Bank Market is registering a CAGR of 50.6% during the forecast period 2016-2020. Neo and challenger bank market has witnessed healthy growth rate in terms of customer base over the past few years, and is expected to witness optimistic growth in the near future.
Access Full Report: https://www.alliedmarketresearch.com/neo-and-challenger-bank-market
The global market is driven by factors such as government regulations, convenience offered to consumers, and low interest rates as compared…
Neo and Challenger Bank Market Report 2018: Segmentation by Type of Bank (Neo Ba …
Global Neo and Challenger Bank market research report provides company profile for Holvi Bank, Hello Bank, Koho Bank, Rocket Bank, Soon Banque and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also…
