The Open Banking Solutions Market, valued at USD 5.5 billion in 2024, is projected to grow at a CAGR of 16%, reaching USD 11.7 billion by 2029. This market includes products and technologies that enable secure, electronic sharing of financial data under customer consent. Growth is driven by increasing demand for personalized financial services, greater transparency, and enhanced customer experiences. Open banking solutions allow consumers and businesses to access a wider array of services by integrating bank data with third-party applications, promoting innovation and improving financial access.
