Value of open banking transactions worldwide and in the UK 2023 and 2027
The value of open banking transactions worldwide is estimated to grow by more than 500 percent between 2023 and 2027, from a value of 57 billion U.S. dollars to 330 billion U.S. dollars. The same tendency is expected to take place in the UK, where transaction value is forecast to increase from 13.6 billion U.S. dollars in 2023 to 82 billion U.S. dollars in 2027.
