The number of open banking users worldwide is expected to grow at an average annual rate of nearly 50 percent between 2020 and 2024, with the European market being the largest. As the graph shows, in 2020, Europe counted approximately 12.2 million open banking users. This figure is expected to reach 63.8 million by 2024. As of 2020, 24.7 million individuals worldwide used open banking services, a number that is forecast to reach 132.2 million by 2024.
Number of open banking users worldwide in 2020 with forecasts from 2021 to 2024, by region (in millions)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Premium Statistic Number of app ratings for challenger banks on App Store and Google Play Store 2020
- Premium Statistic Number of online banking users of the Lloyds Bank in the UK 2016-2023
- Premium Statistic Number of digital banks worldwide 2024, by region
- Premium Statistic Number of new challenger banks worldwide 2014-2022
- Premium Statistic Number of customers at selected digital banks in the U.S. 2023
- Premium Statistic Number of mobile banking users of Bank of America globally 2012-2023
- Premium Statistic Global market volume of neobanks 2017-2028
- Premium Statistic Reasons not to use digital-only banking U.S. 2020
- Premium Statistic Leading challenger banks worldwide 2023, by valuation
- Premium Statistic Executives who see challenger banks as threat for traditional banking U.S. 2020-2023
About the region
9
- Premium Statistic Capital raised by challenger banks globally 2015-2020
- Premium Statistic Leading neobank individual funding rounds worldwide 2020-2023
- Premium Statistic Total funding of selected independent neobanks worldwide 2023
- Premium Statistic Most valued independent digital banks worldwide 2021
- Premium Statistic Usage of mobile banking apps in 2014, by country
- Premium Statistic Deposits from customers of Italian banking group UniCredit 2014-2022
- Premium Statistic Net profit of Italian banking group UniCredit 2015-2022
- Premium Statistic Operating expenses of Italian banking group UniCredit 2014-2022
- Premium Statistic Loans and receivables with customers of Italian banking group UniCredit 2012-2022
Selected statistics
1
Other regions
10
- Premium Statistic Best and worst performing banking apps among major Italian banks 2019
- Premium Statistic Online banking usage for registering for banking products Russia 2019
- Premium Statistic Number of customers at selected digital banks in Europe 2023
- Premium Statistic Financial services usage South Korea 2018-2022, by delivery channel
- Premium Statistic Reasons to adopt challenger banks in the U.S. 2022
- Premium Statistic Klarna Bank's total assets 2013-2020
- Premium Statistic Online banking in Mexico: growth of mobile services 2016-2019
- Premium Statistic Online banking in Chile: growth of mobile services 2016-2019
- Premium Statistic Online banking in Colombia: growth of mobile services 2016-2019
- Premium Statistic Online banking in Brazil: growth of mobile services 2016-2019
Related statistics
10
- Premium Statistic Largest European digital banks 2024, by funding amount
- Premium Statistic Number of customers at selected European fintech companies 2018
- Premium Statistic Awareness of the new EU directive on online banking in Italy 2019
- Premium Statistic Advantages of the new EU directive on online banking in Italy 2019
- Premium Statistic Security of OTP tokens and smartphones to access online banking in Italy 2019
- Premium Statistic Methods used to perform banking transactions in Canada from 2012 to 2018
- Premium Statistic Italy: essential characteristics of the bank of the future 2018
- Premium Statistic Italy: accounts and services used at UniCredit Bank 2017
- Premium Statistic Italy: accounts and services used at BancoPosta (Poste Italiane) 2017
- Premium Statistic Profit/loss after tax of Revolut 2015-2022
Further related statistics
10
- Senior chief financial officer salary per annum in Switzerland 2023
- Private equity specialist salary per annum in banking in Paris in 2020, by experience
- Total assets of the Industrial and Commercial Bank of China 2012-2022
- Operating income of the Industrial and Commercial Bank of China 2012-2022
- Revenue of the Bank of Communications 2022
- Total assets of the Bank of Communications 2012-2022
- Total assets of the China Construction Bank 2012-2022
- Total assets of Banco Santander 2001-2023
- Profit development of Santander group 2001-2023
- Employees of Banco Santander 2013-2023, by gender
Further Content: You might find this interesting as well
Statistics
- Senior chief financial officer salary per annum in Switzerland 2023
- Private equity specialist salary per annum in banking in Paris in 2020, by experience
- Total assets of the Industrial and Commercial Bank of China 2012-2022
- Operating income of the Industrial and Commercial Bank of China 2012-2022
- Revenue of the Bank of Communications 2022
- Total assets of the Bank of Communications 2012-2022
- Total assets of the China Construction Bank 2012-2022
- Total assets of Banco Santander 2001-2023
- Profit development of Santander group 2001-2023
- Employees of Banco Santander 2013-2023, by gender
Juniper Research. (March 23, 2021). Number of open banking users worldwide in 2020 with forecasts from 2021 to 2024, by region (in millions) [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/1228771/open-banking-users-worldwide/
Juniper Research. "Number of open banking users worldwide in 2020 with forecasts from 2021 to 2024, by region (in millions)." Chart. March 23, 2021. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/1228771/open-banking-users-worldwide/
Juniper Research. (2021). Number of open banking users worldwide in 2020 with forecasts from 2021 to 2024, by region (in millions). Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/1228771/open-banking-users-worldwide/
Juniper Research. "Number of Open Banking Users Worldwide in 2020 with Forecasts from 2021 to 2024, by Region (in Millions)." Statista, Statista Inc., 23 Mar 2021, https://www.statista.com/statistics/1228771/open-banking-users-worldwide/
Juniper Research, Number of open banking users worldwide in 2020 with forecasts from 2021 to 2024, by region (in millions) Statista, https://www.statista.com/statistics/1228771/open-banking-users-worldwide/ (last visited May 13, 2024)
Number of open banking users worldwide in 2020 with forecasts from 2021 to 2024, by region (in millions) [Graph], Juniper Research, March 23, 2021. [Online]. Available: https://www.statista.com/statistics/1228771/open-banking-users-worldwide/