As of June 2024, JPMorgan Chase led the U.S. banking sector with approximately **** percent of total domestic deposits, closely followed by Bank of America at nearly ** percent. This distribution reflects the concentrated nature of the U.S. banking industry, where, despite thousands of commercial banks operating nationwide, the market is dominated by the top four institutions. The total value of deposits held at FDIC-insured commercial banks has decreased in recent years, amounting to ***** trillion U.S. dollars in 2023. The U.S. banking industry The banking industry in the United States accounts for tens of trillions of U.S. dollars in assets under management. While there are thousands of commercial banks in the country, the market is dominated by the largest four of these. This is particularly true when considering functions such as private and investment banking. Other measures This ranking presents the market share of domestic assets, but other measures give a slightly different picture. For example, looking at the value of total assets shows a higher market share in the hands of the top four firms. Apart from that, the revenue of leading commercial banks can also give a better idea of banks’ financial standing.

The Summary of Deposits (SOD) is the annual survey of branch office deposits for all FDIC-insured institutions including insured U.S. branches of foreign banks. Data are as of June 30. Users can access these data by(1) single institution, (2) institutions within a geographic area, or (3) aggregated within a geographic area. SOD features include custom market share reports and downloads.Linkhttp://www2.fdic.gov/sod/Scope of the SurveysTo provide a means for measuring deposits in local banking markets, the surveys obtain deposit figures for each banking office of branch banking systems, and for each insured U.S. branch of a foreign bank. Deposit figures for unit banks (which do not have branch offices) were obtained from the June Reports of Condition. Deposit Reporting - Institutions should report their deposits in a manner consistent with their existing internal record-keeping practices, however, other methods that logically reflect the deposit gathering activity of the bank's branches may be used. It is recognized that certain classes of deposits and deposits of certain types of customers may be assigned to a single office. Please refer to the reporting instructions for more information (see above). Arrangement of Published DataBecause these publications are used as a source of market share information for individual banking markets, the figures for each geographical area only include deposits of offices located within that area. Several institutions have designated home offices that do not accept deposits; these have been included in the survey to provide a more complete listing of all offices. Additional points that should be noted1. With the exception noted above, 'banking office' is defined to include all offices and facilities that actually hold deposits, and does not include loan production offices, computer centers, and other nondeposit installations, such as automated teller machines (ATMs). 2. Institutions are allowed to combine deposit data from two or more offices within the same county for the following office typesdrive-in offices, seasonal branches, and military facilities. Where centralized bookkeeping or other conditions make it impossible to report exact figures, estimates are required. 3. International Banking Facility (IBF) deposits are considered deposits in foreign offices and are not included in the Summary of Deposits Survey. 4. Offices and deposits are reported by the institution that owned the office as of the close of business on June 30. 5. The term 'offices' includes both main offices and branches. An institution with four branches operates a total of five offices. 6. All reports submitted to the FDIC and the OTS have been validated and corrected to the extent possible. There may be rounding differences or minor reporting errors reflected in the tables. 7. Savings Institutions include all FDIC-Insured financial institutions that operate under federal or state thrift banking charters. Prior to August 9, 1989, all institutions insured by the Federal Savings and Loan Insurance Corporation (FSLIC) and all savings banks insured by the FDIC are included in any applicable chart.

The annual Summary of Deposits (SOD) survey data provides a number of opportunities to better understand the status of our banking system. With the holistic aggregations of the Summary Tables, the geographically sensitive Market Share Reports, and the institution-centric Branch Office Deposits, you will be able to see a clear view of where the deposits are and how they changed over time. The Summary of Deposits (SOD) application will be discontinued by the end of 2024. A new and improved SOD application is being developed and is available for preview now. Explore the latest beta version of the application https://banks.data.fdic.gov/bankfind-suite/SOD. The Deposit Market Share is the percentage of deposits an FDIC-insured institution has within a defined geographic market. This data is based on the annual Summary of Deposits (SOD) survey for FDIC-insured institutions as of June 30. The Deposit Market Share and the Pro Forma (HHI) Reports provide information for all institutions within a specific geographic market for a specific time period. The Market Presence and Growth Rate Reports provide similar information, but from the perspective of one institution. All reports provide data back to 1994 and are available by institution or bank holding company.

The automotive full digital instrument cluster (FDIC) market is experiencing robust growth, projected to reach a substantial size by 2033. The market's Compound Annual Growth Rate (CAGR) of 5.1% from 2019 to 2024 indicates a consistent upward trajectory, driven by several key factors. Increasing consumer demand for advanced driver-assistance systems (ADAS) and infotainment features is a primary driver. The shift towards connected car technology and the integration of larger, higher-resolution displays within the instrument cluster are also fueling market expansion. Furthermore, the rising adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs) contributes significantly, as these vehicles often feature more sophisticated and customizable digital instrument panels. Manufacturers are constantly innovating, incorporating features like augmented reality (AR) heads-up displays and personalized user interfaces to enhance the driving experience, thus further propelling market growth. Competition in the FDIC market is intense, with established players like Continental, Denso, and Bosch vying for market share alongside emerging players like INESA and Pricol. This competitive landscape is stimulating innovation and driving down costs, making FDICs more accessible across vehicle segments. However, challenges remain. The high initial investment required for development and integration of advanced FDICs might restrain smaller manufacturers from adopting this technology immediately. Moreover, ensuring cybersecurity and data privacy in connected instrument clusters is crucial, demanding significant efforts from manufacturers to address these concerns and build consumer trust. Despite these challenges, the long-term outlook for the automotive FDIC market remains positive, driven by the continuous evolution of automotive technology and increasing consumer expectations. The market is expected to witness significant consolidation and strategic partnerships in the coming years, as companies strive to maintain their competitiveness and capitalize on market opportunities.

The automotive full digital instrument cluster (FDIC) market is experiencing robust growth, driven by increasing demand for advanced driver-assistance systems (ADAS), enhanced in-car entertainment, and the overall trend towards vehicle electrification. The market size in 2025 is estimated at $15 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This growth is fueled by several key factors. Firstly, consumers are increasingly demanding more sophisticated and intuitive in-vehicle interfaces, leading to a shift away from traditional analog instrument clusters. Secondly, the integration of FDICs enables seamless connectivity with smartphones and other smart devices, enhancing the overall driving experience. Finally, the rising adoption of electric vehicles (EVs) further boosts market expansion, as EVs often come standard with advanced digital displays. Segment-wise, the "greater than 10 inches" segment is projected to dominate due to the larger screen real estate allowing for more comprehensive information display and greater customization options. Passenger vehicles currently represent the largest application segment, but commercial vehicles are expected to witness significant growth in the coming years, driven by increasing fleet management and safety requirements. Key players like Nippon Seiki, Continental, Visteon, and Denso are actively investing in R&D and strategic partnerships to maintain their market positions and capitalize on emerging opportunities. The geographical landscape shows a strong presence across all regions. North America and Europe currently hold significant market shares due to established automotive industries and high consumer adoption rates. However, Asia Pacific, particularly China and India, are poised for rapid growth due to the burgeoning automotive sector and increasing vehicle production. The market faces certain challenges including the high initial investment costs associated with FDIC adoption and the potential for cybersecurity vulnerabilities. However, technological advancements and decreasing production costs are expected to mitigate these challenges, ensuring sustained market expansion throughout the forecast period.

Digital Banking Platform Market size was valued at USD 29.04 Billion in 2024 and is projected to reach USD 104.04 Billion by 2032, growing at a CAGR of 17.29% from 2026 to 2032.

Key Market Drivers

Rising Consumer Demand for Convenience: Increasing consumer preference for on-the-go banking solutions fuels the demand for digital banking platforms. Customers seek the convenience of accessing financial services anytime, anywhere, which drives banks to invest in comprehensive digital solutions. The Federal Deposit Insurance Corporation (FDIC) reported in its 2023 National Survey of Unbanked and Underbanked Households (published February 2024) that 95% of banked households used mobile or online banking as their primary method of account access, compared to 89% in 2021.