Mexico - North America Open Banking Market Size & Outlook
The open banking market in Mexico - North America is expected to reach a projected revenue of US$ 2,833.4 million by 2030. A compound annual growth rate of 29.5% is expected of Mexico - North America open banking market from 2025 to 2030.
The Mexico open banking market generated a revenue of USD 607.6 million in 2024 and is expected to reach USD 2,833.4 million by 2030.
The Mexico market is expected to grow at a CAGR of 29.5% from 2025 to 2030.
In terms of segment, banking & capital markets was the largest revenue generating services in 2024.
Payments is the most lucrative services segment registering the fastest growth during the forecast period.
Open banking market data book summary
Market revenue in 2024
USD 607.6 million
Market revenue in 2030
USD 2,833.4 million
Growth rate
29.5% (CAGR from 2025 to 2030)
Largest segment
Banking & capital markets
Fastest growing segment
Payments
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Banking & Capital Markets, Payments, Digital Currencies, Value Added Services
Key market players worldwide
Banco Bilbao Vizcaya Argentaria SA ADR, Jack Henry & Associates Inc, Minerals Technologies Inc, AT&T, Credit Agricole SA, Demyst, Qwist, Finastra, FormFree, Mambu
Other key industry trends
In terms of revenue, Mexico accounted for 1.9% of the global open banking market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. open banking market is projected to lead the regional market in terms of revenue in 2030.
Mexico is the fastest growing regional market in North America and is projected to reach USD 2,833.4 million by 2030.
Mexico - North America Open Banking Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Open Banking Market Outlook will help companies and investors design strategic landscapes.
Banking & Capital Markets was the largest segment with a revenue share of 57.04% in 2024.
Horizon Databook has segmented the Mexico - North America open banking market based on banking & capital markets, payments, digital currencies, value added services covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico - North America Open Banking Market Services Outlook (Revenue, USD Million , 2021-2033)
Banking & Capital Markets
Payments
Digital Currencies
Value Added Services
Mexico - North America Open Banking Market Deployment Outlook (Revenue, USD Million , 2021-2033)
Cloud
On-premise
Mexico - North America Open Banking Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
Bank Channels
App Markets
Distributors
Aggregators
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Open Banking Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Open Banking Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Mexico - North America Open Banking Market, 2021-2033 (US$M)