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The community banking market size is forecast to increase by USD 247.1 billion at a CAGR of 5.96% between 2023 and 2028. The market is experiencing significant growth, driven by several key trends and factors. One notable trend is the increasing adoption of microlending in developing nations, which is expanding financial inclusion and providing access to credit for underserved populations. Another trend is the rising adoption of digital platforms, enabling community banks to offer convenient and efficient services to customers. However, there is a challenge of lack of awareness about community banking services in certain regions, which hinders market growth. To address this, community banks must invest in marketing and outreach efforts to increase awareness and educate potential customers about the benefits of community banking. Overall, the community banking market is poised for growth, fueled by these trends and the continued need for financial inclusion and localized banking services. The market report forecasts market size, historical data spanning from 2018 - 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Area
7 Market Segmentation by Sector
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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