StockNews.AI
JNPR
StockNews.AI
176 days

Juniper Research: Open Banking API Call Volume to Surpass 720 Billion Globally by 2029

1. Open banking API calls to surge 427% globally by 2025. A pivotal tech development. 2. AI integration spurs personalised fintech services. This raises digital tech demands. 3. Emerging markets in Africa and Middle East develop open banking. New revenue streams expected. 4. Increased open banking digitalisation boosts secure network infrastructure needs. JUNIPER Networks may benefit.

4m saved
Insight
Article

FAQ

Why Bullish?

The report signals exponential growth in digital transactions, likely driving demand for robust network solutions. Historical shifts during cloud adoption saw Juniper Networks gain from increased infrastructure investments.

How important is it?

While the report focuses on fintech, the surge in API calls and AI integration can indirectly boost demand for secure networking infrastructure, benefiting JNPR over time.

Why Long Term?

The forecast extending to 2029 underscores a slow-burn market evolution, similar to previous tech transitions that benefited networking firms over time.

Related Companies

PYPLSQV
BASINGSTOKE, United Kingdom, Feb. 24, 2025 (GLOBE NEWSWIRE) -- A new study from Juniper Research, the foremost experts in fintech & payments markets, has found the number of Open Banking API calls globally will increase 427%, from 137 billion in 2025. The report predicts artificial intelligence (AI) will become increasingly integrated with open banking offerings; creating personalised banking solutions for users for finance management and customisable loan allowances, driving the growth of API call volume. An extract from the new report, Global Open Banking APIs Market 2025-2029, is now available as a free download. AI Advancements Proliferating Open Banking Juniper Research found that API vendors are increasingly utilising AI for open banking offerings, with generative AI (GenAI) unlocking personalisation at scale. As API quality requirements have increased, across Europe in particular, personalising services through GenAI will prove to be a highly effective strategy for vendors. Research Author Matthew Purnell remarked: “API quality is more than mitigating call failures but also enabling services. Personalised products are a necessity for Open Banking, with AI ideal for the automation of solutions for users. Consequently, vendors must invest in GenAI solutions to not only enhance banking offerings, but to streamline businesses’ workloads.” Vendors to Enter Emerging Markets The report found that 2024 was a significant year for open banking regulatory developments, with the Open Finance African Group Framework launching in key African markets, and Saudi Arabia proceeding with phase 2 of its Open Banking Framework. Accordingly, the research identified Middle East & Africa as a key developing market, with high-growth potential as digital banking improves and regulatory ecosystems develop. The research recommends that API vendors must work with regional banks and businesses beyond the developed European-centric focus, to access markets in the early growth phases, establishing new revenue streams. About the Research The new market research suite offers the most comprehensive assessment of the Open Banking APIs market to date, providing analysis and forecasts of over 23,000 datapoints across 61 countries over five years. It includes a ‘Competitor Leaderboard’ and examination of current and future market opportunities. Juniper Research has, for two decades, provided market intelligence and advisory services to the global financial sector, retained by many of the world’s leading banks, intermediaries, and providers. Please contact Sam Smith, Press Relations T: +44(0)1256 830002 E: sam.smith@juniperresearch.com

Related News