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.
Value of open banking transactions worldwide and in the United Kingdom (UK) in 2023, with a forecast for 2027
(in billion U.S. dollars)
Characteristic
Global
UK
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Statista. (June 7, 2023). Value of open banking transactions worldwide and in the United Kingdom (UK) in 2023, with a forecast for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1389390/value-of-open-banking-transactions-worldwide-and-uk/
Statista. "Value of open banking transactions worldwide and in the United Kingdom (UK) in 2023, with a forecast for 2027 (in billion U.S. dollars)." Chart. June 7, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1389390/value-of-open-banking-transactions-worldwide-and-uk/
Statista. (2023). Value of open banking transactions worldwide and in the United Kingdom (UK) in 2023, with a forecast for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1389390/value-of-open-banking-transactions-worldwide-and-uk/
Statista. "Value of Open Banking Transactions Worldwide and in The United Kingdom (Uk) in 2023, with a Forecast for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Jun 2023, https://www.statista.com/statistics/1389390/value-of-open-banking-transactions-worldwide-and-uk/
Statista, Value of open banking transactions worldwide and in the United Kingdom (UK) in 2023, with a forecast for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1389390/value-of-open-banking-transactions-worldwide-and-uk/ (last visited July 22, 2024)
Value of open banking transactions worldwide and in the United Kingdom (UK) in 2023, with a forecast for 2027 (in billion U.S. dollars) [Graph], Statista, June 7, 2023. [Online]. Available: https://www.statista.com/statistics/1389390/value-of-open-banking-transactions-worldwide-and-uk/