유럽의 BFSI용 수익 보장 시장 예측(-2031년) : 지역별 분석 - 구성요소별, 전개별, 조직 규모별

The Europe revenue assurance for BFSI market was valued at US$ 124.94 million in 2023 and is expected to reach US$ 280.31 million by 2031; it is estimated to register a CAGR of 10.6% from 2023 to 2031.

Growing Technological Adoption in Banking Sector Drives Europe Revenue Assurance for BFSI Market

Digital adoption in banking is the process of integrating and using digital technology and solutions to improve client experiences, streamline operations, and increase overall efficiency in the banking business.

As more banking transactions move online and via digital channels such as mobile banking and online payments, the number and complexity of transactions rise. Revenue assurance solutions assist banks in resolving and verifying these transactions, assuring proper revenue recognition and reducing revenue loss due to errors or fraud. For instance, according to 2021 data released by the World Bank, two-thirds of adults worldwide now make or receive digital payments, with developing economies accounting for 57% in 2021, up from 35% in 2014. Digitalization has raised client expectations for consistent, tailored banking services across all channels. Revenue assurance solutions help banks improve the customer experience by optimizing revenue streams, recognizing cross-selling and upselling opportunities, and delivering targeted marketing campaigns based on customer data. According to a 2023 survey by Astera Software, with more than 70% of customers underlining the importance of personalized offers in banking, it is clear that individuals place great value on individualized experiences from their financial institutions. Also, a 2023 study by Genesys stated that 72% of business leaders believe that customer loyalty is achieved majorly by offering personalized products and services.

Thus, the digitization of the BFSI sector is driving the market for revenue assurance in banking. By employing modern technologies and data-driven insights, banks can improve revenue assurance methods, manage risks, and seize new income opportunities in the digital world.

Europe Revenue Assurance for BFSI Market Overview

The European Commission is actively promoting investment in Europe through a variety of financial programs with the goal of supporting substantial investments in secure, sustainable infrastructure. Additionally, the Commission is working on facilitating crowdfunding and making it easier for platforms to offer their services across the European Union (EU). Moreover, the European Fund for Strategic Investments (EFSI) aims to enhance long-term economic growth and competitiveness in the European Union by leveraging public funding to mobilize private investment for various projects in the EU, including those related to infrastructure, energy efficiency, renewable energy, research, innovation, and access to financing for small and medium-sized enterprises (SMEs) and small mid-cap companies. Building on the success of the Investment Plan for Europe, the InvestEU Programme seeks to support sustainable investments, innovations, and job creation in Europe, with an expected additional investment of over US$ 424.1 billion (EUR 372 billion) between 2021 and 2027. By consolidating the European Fund for Strategic Investments and 13 other EU financial instruments, the program aims to simplify, streamline, and make EU funding for investment projects in Europe more flexible. The European Commission's initiatives, particularly the EFSI and the InvestEU Programme, play a vital role in promoting investment and financing in Europe, consequently contributing to the growth of the revenue assurance for BFSI market. These programs are designed to mobilize private investment for strategic projects, support sustainable investment, and facilitate access to financing for small and medium-sized enterprises.

Europe Revenue Assurance for BFSI Market Revenue and Forecast to 2031 (US$ Million)

Europe Revenue Assurance for BFSI Market Segmentation

The Europe revenue assurance for BFSI market is categorized into component, deployment, organization size, and country.

Based on component, the Europe revenue assurance for BFSI market is bifurcated into solution and services. The solution segment held a larger market share in 2023.

Based on deployment, the Europe revenue assurance for BFSI market is bifurcated into cloud and on-premise. The cloud segment held a larger market share in 2023.

Based on organization size, the Europe revenue assurance for BFSI market is bifurcated into large enterprises and SMEs. The large enterprises segment held a larger market share in 2023.

By country, the Europe revenue assurance for BFSI market is segmented into France, the UK, Germany, Italy, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe revenue assurance for BFSI market share in 2023.

Allibius, Sunoida Solutions DMCC, Sagacity Solutions, SunTec Business Solutions, Intelli Solutions S.A., Oracle Corp, and Subex Ltd are some of the leading companies operating in the Europe revenue assurance for BFSI market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Secondary Research
• 3.2 Primary Research
  • 3.2.1 Hypothesis formulation:
  • 3.2.2 Macro-economic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country level data:

4. Europe Revenue Assurance for BFSI Market Landscape

• 4.1 Overview
• 4.2 PEST Analysis
• 4.3 Ecosystem Analysis
  • 4.3.1 Solution/Service Providers
  • 4.3.2 System Integrators
  • 4.3.3 End Users
  • 4.3.4 List of Vendors in the Value Chain

5. Europe Revenue Assurance for BFSI Market - Key Market Dynamics

• 5.1 Market Drivers
  • 5.1.1 Increasing Need for Revenue Leakage Prevention in Complex Banking Environment
  • 5.1.2 Growing Technological Adoption in Banking Sector
• 5.2 Market Restraints
  • 5.2.1 Lack of Awareness and Understanding about Revenue Assurance
• 5.3 Market Opportunities
  • 5.3.1 Benefits of Managed Service Approach in Revenue Assurance
• 5.4 Future Trends
  • 5.4.1 Integration of Artificial Intelligence and Machine Learning
• 5.5 Impact of Drivers and Restraints:

6. Revenue Assurance for BFSI Market - Europe Analysis

• 6.1 Europe Revenue Assurance for BFSI Market Revenue (US$ Million), 2021-2031
• 6.2 Europe Revenue Assurance for BFSI Market Forecast Analysis

7. Europe Revenue Assurance for BFSI Market Analysis - by Component

• 7.1 Solution
  • 7.1.1 Overview
  • 7.1.2 Solution: Europe Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)
• 7.2 Services
  • 7.2.1 Overview
  • 7.2.2 Services: Europe Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)

8. Europe Revenue Assurance for BFSI Market Analysis - by Deployment

• 8.1 Cloud
  • 8.1.1 Overview
  • 8.1.2 Cloud: Europe Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)
• 8.2 On-Premise
  • 8.2.1 Overview
  • 8.2.2 On-Premise: Europe Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)

9. Europe Revenue Assurance for BFSI Market Analysis - by Organization Size

• 9.1 Large Enterprises
  • 9.1.1 Overview
  • 9.1.2 Large Enterprises: Europe Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)
• 9.2 SMEs
  • 9.2.1 Overview
  • 9.2.2 SMEs : Europe Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)

10. Europe Revenue Assurance for BFSI Market - Country Analysis

• 10.1 Europe Revenue Assurance for BFSI Market Overview
  • 10.1.1 Europe Revenue Assurance for BFSI Market - Revenue and Forecast Analysis - by Country
    • 10.1.1.1 Europe Revenue Assurance for BFSI Market - Revenue and Forecast Analysis - by Country
    • 10.1.1.2 France: Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.1.2.1 France: Revenue Assurance for BFSI Market Breakdown, by Component
      • 10.1.1.2.2 France: Revenue Assurance for BFSI Market Breakdown, by Deployment
      • 10.1.1.2.3 France: Revenue Assurance for BFSI Market Breakdown, by Organization Size
    • 10.1.1.3 United Kingdom: Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.1.3.1 United Kingdom: Revenue Assurance for BFSI Market Breakdown, by Component
      • 10.1.1.3.2 United Kingdom: Revenue Assurance for BFSI Market Breakdown, by Deployment
      • 10.1.1.3.3 United Kingdom: Revenue Assurance for BFSI Market Breakdown, by Organization Size
    • 10.1.1.4 Germany: Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.1.4.1 Germany: Revenue Assurance for BFSI Market Breakdown, by Component
      • 10.1.1.4.2 Germany: Revenue Assurance for BFSI Market Breakdown, by Deployment
      • 10.1.1.4.3 Germany: Revenue Assurance for BFSI Market Breakdown, by Organization Size
    • 10.1.1.5 Italy: Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.1.5.1 Italy: Revenue Assurance for BFSI Market Breakdown, by Component
      • 10.1.1.5.2 Italy: Revenue Assurance for BFSI Market Breakdown, by Deployment
      • 10.1.1.5.3 Italy: Revenue Assurance for BFSI Market Breakdown, by Organization Size
    • 10.1.1.6 Russia: Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.1.6.1 Russia: Revenue Assurance for BFSI Market Breakdown, by Component
      • 10.1.1.6.2 Russia: Revenue Assurance for BFSI Market Breakdown, by Deployment
      • 10.1.1.6.3 Russia: Revenue Assurance for BFSI Market Breakdown, by Organization Size
    • 10.1.1.7 Rest of Europe: Revenue Assurance for BFSI Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.1.7.1 Rest of Europe: Revenue Assurance for BFSI Market Breakdown, by Component
      • 10.1.1.7.2 Rest of Europe: Revenue Assurance for BFSI Market Breakdown, by Deployment
      • 10.1.1.7.3 Rest of Europe: Revenue Assurance for BFSI Market Breakdown, by Organization Size

11. Competitive Landscape

• 11.1 Heat Map Analysis by Key Players
• 11.2 Company Positioning & Concentration

12. Industry Landscape

• 12.1 Overview
• 12.2 Market Initiative
• 12.3 Product News & Company News
• 12.4 Collaboration and Mergers & Acquisitions

13. Company Profiles

• 13.1 Allibius
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
• 13.2 Sunoida Solutions DMCC
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
• 13.3 Sagacity Solutions
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
• 13.4 SunTec Business Solutions
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
• 13.5 Intelli Solutions S.A.
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
• 13.6 Oracle Corp
  • 13.6.1 Key Facts
  • 13.6.2 Business Description
  • 13.6.3 Products and Services
  • 13.6.4 Financial Overview
  • 13.6.5 SWOT Analysis
• 13.7 Subex Ltd
  • 13.7.1 Key Facts
  • 13.7.2 Business Description
  • 13.7.3 Products and Services
  • 13.7.4 Financial Overview
  • 13.7.5 SWOT Analysis

14. Appendix

• 14.1 About The Insight Partners
• 14.2 Word Index