The India digital banking platform market is experiencing rapid growth with a high Compound Annual Growth Rate (CAGR). This growth can be attributed to swift digitization, increased adoption of advanced technologies, and the rising acceptance of these platforms by small and medium-sized enterprises (SMEs). A recent study conducted by the strategic consulting and market research firm, Report Ocean, revealed that the India digital banking platform market was valued at USD 776.7 million in 2021. According to the study, the market is projected to grow at a CAGR of 9.8%, reaching an estimated revenue of around USD 1,485.5 million by the end of 2028.
