Asia Pacific Retail Banking Market Size & Outlook
Related Markets
Asia Pacific retail banking market highlights
- The Asia Pacific retail banking market generated a revenue of USD 686.9 billion in 2024.
- The market is expected to grow at a CAGR of 6.6% from 2025 to 2033.
- In terms of segment, private sector banks was the largest revenue generating type in 2024.
- Public Sector Banks is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2033.
Asia Pacific data book summary
| Market revenue in 2024 | USD 686.9 billion |
| Market revenue in 2033 | USD 1,220.9 billion |
| Growth rate | 6.6% (CAGR from 2025 to 2033) |
| Largest segment | Private sector banks |
| Fastest growing segment | Public Sector Banks |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Public Sector Banks, Private Sector Banks, Foreign Banks, Community Development Banks, Non-Banking Financial Companies (NBFC) |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 33.7% of the global retail banking market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- MEA is the fastest growing regional market and is projected to reach USD 268.4 billion by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Retail Banking Market Scope
Retail Banking Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ICBC Standard Bank | View profile | 501-1000 | London, England, United Kingdom, Europe | http://icbcstandard.com |
| Wells Fargo | View profile | 10001+ | San Francisco, California, United States, North America | http://www.wellsfargo.com |
| Citigroup | View profile | - | Port Louis, Port Louis, Mauritius, Africa | https://www.citigroup.com/global/about-us/global-presence/mauritius |
| JP Morgan Chase | View profile | 10001+ | New York, New York, United States, North America | http://www.jpmorganchase.com |
| HSBC Holdings PLC | View profile | 221000 | 8 Canada Square, London, United Kingdom, E14 5HQ | https://www.hsbc.com |
| Mitsubishi UFJ Financial Group Inc | View profile | 120000 | 7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8330 | https://www.mufg.jp |
| Bank of America Corp | View profile | 212000 | 100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, United States, 28255 | https://www.bankofamerica.com |
| China Construction Bank Corp Class H | View profile | 376871 | No. 25, Finance Street, Xicheng District, Beijing, China, People's Republic of, 100033 | http://www.ccb.com |
| Barclays PLC | View profile | 92400 | 1 Churchill Place, London, United Kingdom, E14 5HP | https://www.barclays.com |
| BNP Paribas Act. Cat.A | View profile | 182656 | 16, Boulevard Des Italiens, Paris, France, 75009 | https://group.bnpparibas |
| Deutsche Bank AG | View profile | 90130 | Taunusanlage 12, Frankfurt am Main, HE, Germany, 60325 | https://www.db.com |
Asia Pacific retail 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 retail banking market will help companies and investors design strategic landscapes.
Private sector banks was the largest segment with a revenue share of 31.36% in 2024. Horizon Databook has segmented the Asia Pacific retail banking market based on public sector banks, private sector banks, foreign banks, community development banks, non-banking financial companies (nbfc) covering the revenue growth of each sub-segment from 2021 to 2033.
Reasons to subscribe to Asia Pacific retail banking market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific retail banking market databook
-
Our clientele includes a mix of retail banking market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific retail banking market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific retail banking market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific retail banking market size, by country, 2021-2033 (US$B)
Asia Pacific Retail Banking Market Outlook Share, 2024 & 2033 (US$B)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
