The Future of Retail Banking: Market Trends and Growth Outlook for 2026–2030
QKS Group reveals that the Global Retail Core Banking (GRCB) market is projected to register a CAGR of 10.10% through 2028, reflecting the accelerating digital transformation initiatives across the global banking industry. As financial institutions continue to modernize their operations and enhance customer experiences, retail core banking platforms have emerged as a critical foundation for delivering secure, scalable, and customer-centric banking services. Retail banking is undergoing a profound transformation driven by changing customer expectations, increasing regulatory requirements, digital-first business models, and the rapid adoption of emerging technologies. Traditional banking systems, often built on legacy infrastructure, are no longer capable of supporting the agility, scalability, and innovation required in today's competitive financial environment. As a result, banks worldwide are investing heavily in modern core banking solutions that can support real-time operat...