Transaction Banking division of a bank typically provides commercial banking products and services for both corporates and financial institutions, including domestic and cross-border payments, risk mitigation, international trade finance as well as trust, agency, depositary, custody and related services. It comprises the Cash Management and Trade Finance businesses. 
LPI (LP Information)' newest research report, the “Transaction Banking (TB) Industry Forecast” looks at past sales and reviews total world Transaction Banking (TB) sales in 2022, providing a comprehensive analysis by region and market sector of projected Transaction Banking (TB) sales for 2023 through 2029. With Transaction Banking (TB) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transaction Banking (TB) industry.
This Insight Report provides a comprehensive analysis of the global Transaction Banking (TB) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Transaction Banking (TB) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Transaction Banking (TB) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transaction Banking (TB) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Transaction Banking (TB).
The global Transaction Banking (TB) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Transaction Banking (TB) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Transaction Banking (TB) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Transaction Banking (TB) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Transaction Banking (TB) players cover BNP Paribas, Bank of China, Citigroup Inc, HSBC, ICBC, JPMorgan Chase & Co, Mizuho Financial Group, Standard Chartered and MUFG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Transaction Banking (TB) market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Cash Management
Trade Finance
Segmentation by application
Corporates
Financial Institutions
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BNP Paribas
Bank of China
Citigroup Inc
HSBC
ICBC
JPMorgan Chase & Co
Mizuho Financial Group
Standard Chartered
MUFG
Sumitomo Mitsui Banking Corporation
Credit Agricole
China Merchants Bank

1 Scope of the Report 1.1 Market Introduction 1.2 Years Considered 1.3 Research Objectives 1.4 Market Research Methodology 1.5 Research Process and Data Source 1.6 Economic Indicators 1.7 Currency Considered 1.8 Market Estimation Caveats 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Transaction Banking (TB) Market Size 2018-2029 2.1.2 Transaction Banking (TB) Market Size CAGR by Region 2018 VS 2022 VS 2029 2.2 Transaction Banking (TB) Segment by Type 2.2.1 Cash Management 2.2.2 Trade Finance 2.3 Transaction Banking (TB) Market Size by Type 2.3.1 Transaction Banking (TB) Market Size CAGR by Type (2018 VS 2022 VS 2029) 2.3.2 Global Transaction Banking (TB) Market Size Market Share by Type (2018-2023) 2.4 Transaction Banking (TB) Segment by Application 2.4.1 Corporates 2.4.2 Financial Institutions 2.5 Transaction Banking (TB) Market Size by Application 2.5.1 Transaction Banking (TB) Market Size CAGR by Application (2018 VS 2022 VS 2029) 2.5.2 Global Transaction Banking (TB) Market Size Market Share by Application (2018-2023) 3 Transaction Banking (TB) Market Size by Player 3.1 Transaction Banking (TB) Market Size Market Share by Players 3.1.1 Global Transaction Banking (TB) Revenue by Players (2018-2023) 3.1.2 Global Transaction Banking (TB) Revenue Market Share by Players (2018-2023) 3.2 Global Transaction Banking (TB) Key Players Head office and Products Offered 3.3 Market Concentration Rate Analysis 3.3.1 Competition Landscape Analysis 3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023) 3.4 New Products and Potential Entrants 3.5 Mergers & Acquisitions, Expansion 4 Transaction Banking (TB) by Regions 4.1 Transaction Banking (TB) Market Size by Regions (2018-2023) 4.2 Americas Transaction Banking (TB) Market Size Growth (2018-2023) 4.3 APAC Transaction Banking (TB) Market Size Growth (2018-2023) 4.4 Europe Transaction Banking (TB) Market Size Growth (2018-2023) 4.5 Middle East & Africa Transaction Banking (TB) Market Size Growth (2018-2023) 5 Americas 5.1 Americas Transaction Banking (TB) Market Size by Country (2018-2023) 5.2 Americas Transaction Banking (TB) Market Size by Type (2018-2023) 5.3 Americas Transaction Banking (TB) Market Size by Application (2018-2023) 5.4 United States 5.5 Canada 5.6 Mexico 5.7 Brazil 6 APAC 6.1 APAC Transaction Banking (TB) Market Size by Region (2018-2023) 6.2 APAC Transaction Banking (TB) Market Size by Type (2018-2023) 6.3 APAC Transaction Banking (TB) Market Size by Application (2018-2023) 6.4 China 6.5 Japan 6.6 Korea 6.7 Southeast Asia 6.8 India 6.9 Australia 7 Europe 7.1 Europe Transaction Banking (TB) by Country (2018-2023) 7.2 Europe Transaction Banking (TB) Market Size by Type (2018-2023) 7.3 Europe Transaction Banking (TB) Market Size by Application (2018-2023) 7.4 Germany 7.5 France 7.6 UK 7.7 Italy 7.8 Russia 8 Middle East & Africa 8.1 Middle East & Africa Transaction Banking (TB) by Region (2018-2023) 8.2 Middle East & Africa Transaction Banking (TB) Market Size by Type (2018-2023) 8.3 Middle East & Africa Transaction Banking (TB) Market Size by Application (2018-2023) 8.4 Egypt 8.5 South Africa 8.6 Israel 8.7 Turkey 8.8 GCC Countries 9 Market Drivers, Challenges and Trends 9.1 Market Drivers & Growth Opportunities 9.2 Market Challenges & Risks 9.3 Industry Trends 10 Global Transaction Banking (TB) Market Forecast 10.1 Global Transaction Banking (TB) Forecast by Regions (2024-2029) 10.1.1 Global Transaction Banking (TB) Forecast by Regions (2024-2029) 10.1.2 Americas Transaction Banking (TB) Forecast 10.1.3 APAC Transaction Banking (TB) Forecast 10.1.4 Europe Transaction Banking (TB) Forecast 10.1.5 Middle East & Africa Transaction Banking (TB) Forecast 10.2 Americas Transaction Banking (TB) Forecast by Country (2024-2029) 10.2.1 United States Transaction Banking (TB) Market Forecast 10.2.2 Canada Transaction Banking (TB) Market Forecast 10.2.3 Mexico Transaction Banking (TB) Market Forecast 10.2.4 Brazil Transaction Banking (TB) Market Forecast 10.3 APAC Transaction Banking (TB) Forecast by Region (2024-2029) 10.3.1 China Transaction Banking (TB) Market Forecast 10.3.2 Japan Transaction Banking (TB) Market Forecast 10.3.3 Korea Transaction Banking (TB) Market Forecast 10.3.4 Southeast Asia Transaction Banking (TB) Market Forecast 10.3.5 India Transaction Banking (TB) Market Forecast 10.3.6 Australia Transaction Banking (TB) Market Forecast 10.4 Europe Transaction Banking (TB) Forecast by Country (2024-2029) 10.4.1 Germany Transaction Banking (TB) Market Forecast 10.4.2 France Transaction Banking (TB) Market Forecast 10.4.3 UK Transaction Banking (TB) Market Forecast 10.4.4 Italy Transaction Banking (TB) Market Forecast 10.4.5 Russia Transaction Banking (TB) Market Forecast 10.5 Middle East & Africa Transaction Banking (TB) Forecast by Region (2024-2029) 10.5.1 Egypt Transaction Banking (TB) Market Forecast 10.5.2 South Africa Transaction Banking (TB) Market Forecast 10.5.3 Israel Transaction Banking (TB) Market Forecast 10.5.4 Turkey Transaction Banking (TB) Market Forecast 10.5.5 GCC Countries Transaction Banking (TB) Market Forecast 10.6 Global Transaction Banking (TB) Forecast by Type (2024-2029) 10.7 Global Transaction Banking (TB) Forecast by Application (2024-2029) 11 Key Players Analysis 11.1 BNP Paribas 11.1.1 BNP Paribas Company Information 11.1.2 BNP Paribas Transaction Banking (TB) Product Offered 11.1.3 BNP Paribas Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.1.4 BNP Paribas Main Business Overview 11.1.5 BNP Paribas Latest Developments 11.2 Bank of China 11.2.1 Bank of China Company Information 11.2.2 Bank of China Transaction Banking (TB) Product Offered 11.2.3 Bank of China Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.2.4 Bank of China Main Business Overview 11.2.5 Bank of China Latest Developments 11.3 Citigroup Inc 11.3.1 Citigroup Inc Company Information 11.3.2 Citigroup Inc Transaction Banking (TB) Product Offered 11.3.3 Citigroup Inc Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.3.4 Citigroup Inc Main Business Overview 11.3.5 Citigroup Inc Latest Developments 11.4 HSBC 11.4.1 HSBC Company Information 11.4.2 HSBC Transaction Banking (TB) Product Offered 11.4.3 HSBC Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.4.4 HSBC Main Business Overview 11.4.5 HSBC Latest Developments 11.5 ICBC 11.5.1 ICBC Company Information 11.5.2 ICBC Transaction Banking (TB) Product Offered 11.5.3 ICBC Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.5.4 ICBC Main Business Overview 11.5.5 ICBC Latest Developments 11.6 JPMorgan Chase & Co 11.6.1 JPMorgan Chase & Co Company Information 11.6.2 JPMorgan Chase & Co Transaction Banking (TB) Product Offered 11.6.3 JPMorgan Chase & Co Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.6.4 JPMorgan Chase & Co Main Business Overview 11.6.5 JPMorgan Chase & Co Latest Developments 11.7 Mizuho Financial Group 11.7.1 Mizuho Financial Group Company Information 11.7.2 Mizuho Financial Group Transaction Banking (TB) Product Offered 11.7.3 Mizuho Financial Group Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.7.4 Mizuho Financial Group Main Business Overview 11.7.5 Mizuho Financial Group Latest Developments 11.8 Standard Chartered 11.8.1 Standard Chartered Company Information 11.8.2 Standard Chartered Transaction Banking (TB) Product Offered 11.8.3 Standard Chartered Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.8.4 Standard Chartered Main Business Overview 11.8.5 Standard Chartered Latest Developments 11.9 MUFG 11.9.1 MUFG Company Information 11.9.2 MUFG Transaction Banking (TB) Product Offered 11.9.3 MUFG Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.9.4 MUFG Main Business Overview 11.9.5 MUFG Latest Developments 11.10 Sumitomo Mitsui Banking Corporation 11.10.1 Sumitomo Mitsui Banking Corporation Company Information 11.10.2 Sumitomo Mitsui Banking Corporation Transaction Banking (TB) Product Offered 11.10.3 Sumitomo Mitsui Banking Corporation Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.10.4 Sumitomo Mitsui Banking Corporation Main Business Overview 11.10.5 Sumitomo Mitsui Banking Corporation Latest Developments 11.11 Credit Agricole 11.11.1 Credit Agricole Company Information 11.11.2 Credit Agricole Transaction Banking (TB) Product Offered 11.11.3 Credit Agricole Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.11.4 Credit Agricole Main Business Overview 11.11.5 Credit Agricole Latest Developments 11.12 China Merchants Bank 11.12.1 China Merchants Bank Company Information 11.12.2 China Merchants Bank Transaction Banking (TB) Product Offered 11.12.3 China Merchants Bank Transaction Banking (TB) Revenue, Gross Margin and Market Share (2018-2023) 11.12.4 China Merchants Bank Main Business Overview 11.12.5 China Merchants Bank Latest Developments 12 Research Findings and Conclusion