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)
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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 June 30, 2022, 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 June 30, 2022. 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: June 30, 2022. 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 June 30, 2022)