According to the 2024 China Banking IT Solution Market Share Research and Analysis Report (the “Report”) released by CCID Consulting in July 2025, the banking IT solution market maintained its growth trajectory in 2024. The overall market size reached RMB 61.487 billion, characterized by increasingly intensified competition.

Against this backdrop, Agree Technology—leveraging its extensive expertise in smart branches, intermediary business, and payment & clearing—has sustained a robust growth momentum, securing the top position in two key solution categories. The Report highlights that Agree Technology ranked among the top ten in the overall 2024 China banking IT solution market. In segmented markets, the company has consistently led the Smart Branch sector for several consecutive years. Simultaneously, through operational stability and continuous innovation, Agree Technology reclaimed its No. 1 ranking in the Intermediary Business (Traditional) solution market. The company also achieved significant milestones in other niches, ranking 3rd in Payment & Clearing, 5th in Channel Management, and 4th in Remote Banking.

Figure 1: CCID Consulting: 2024 China Banking IT Solution Market Share Research and Analysis Report

In 2024, the banking industry’s digital transformation continued to accelerate. New service models such as smart branches, remote banking, and Virtual Teller Machines (VTMs) became strategic priorities. As a pivotal player in the domestic banking IT landscape, Agree Technology has been instrumental in this evolution. According to CCID Consulting, Agree Technology’s smart branch solutions are extensively deployed across State-owned Commercial Banks, Joint-stock Banks, and Rural Commercial Banks. By integrating technologies such as cloud computing, big data, and AI, these solutions enable high-efficiency interaction between branches and customers. Furthermore, the company’s ongoing focus on remote banking, channel management, and mobile banking continues to empower banks in achieving a comprehensive omni-channel digital transformation.

With the recent adjustment of classification rules for the intermediary business solution market by analysts, Agree Technology’s competitive edge in Intermediary Business (Traditional) has become even more prominent, resulting in its No. 1 industry ranking. This solution is widely utilized in critical scenarios such as Agency Collection and Payment, specialized services, and emerging business models. Coupled with its sustained efforts in the payment and clearing domain, Agree Technology provides banks with stable, efficient, and secure IT infrastructure. These achievements stem from the company’s consistent investment in R&D and its precise alignment with evolving customer requirements.

Currently, while the banking IT solution market presents new growth opportunities, it also faces multifaceted challenges. Agree Technology remains committed to driving deep-seated digital transformation through its profound accumulation in core sectors and its active integration of AI. The company continues to deliver smarter, more efficient, and more secure financial services to its global clients.