Retail Banking IT Spending 2016 Global Market Expected to Grow at CAGR 4.66% and Forecast to 2019
WiseGuyReports.Com Publish a New Market Research Report On – “Retail Banking IT Spending 2016 Global Market Expected to Grow at CAGR 4.66% and Forecast to 2020”
PUNE, INDIA, November 21, 2016 /EINPresswire.com/ --
The analysts forecast the global retail banking IT spending market to grow at a CAGR of 4.66% over the period 2014-2019.
The demand for IT products and services is growing in the banking sector because of a shift in the methodology of performing banking functions. Several banks are increasing their IT expenditure to offer improved services to customers and improve brand loyalty. Apart from spending on core hardware, software, and services, retail banks spend on a number of emerging technologies such as core banking, analytical technologies, internal operations, online banking, mobile banking, and channel management.
Over the past five years, cyber-attacks have significantly increased across the banking domain. During this period, the adoption of cloud computing also grew at a significant pace in the retail banking sector. To safeguard customers, many banks across the globe have started to increase their spending on risk management. It is a top priority for the banking sector to comply with security and confidentiality measures set by IT security regulators for offering services on the cloud.
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Covered in this report
The report covers the current scenario and the growth prospects of the global retail banking IT spending market for 2015-2019. To calculate the market size, the report considers revenue generated from
• Hardware
• Services
• Software
The market is divided into the following segments based on technology:
• Analytical technologies
• Channel management
• Core banking
• Internal operations
• Mobile banking
• Online banking
The report, Global Retail Banking IT Spending Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers America, EMEA, and APAC; it also covers the landscape of the global retail banking IT spending market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key vendors
• Dell
• HP
• IBM
• Microsoft
Other prominent vendors
• Accenture
• Acer
• ATOS
• Capgemini
• CGI Group
• Cisco Systems
• Cognizant
• CSC
• EMC
• FIS
• Fujitsu
• Genpact
• HCL Technologies
• Hitachi
• iGATE Global Solutions
• Infosys
• Intel
• JP Morgan
• Misys
• Netapp
• Oracle
• Polaris Software Lab
• Ramco Systems
• SAP
• Syntel
• TCS
• Temenos
• Teradata
• Unisys
• Vmware
• Wipro Technologies
• WNS Global Services
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Key market driver
• Increased usage of BI software
• For a full, detailed list, view our report
Key market challenge
• Data security, privacy, and migration issues
• For a full, detailed list, view our report
Key market trend
• Increased investment in real-time architecture
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table Of Contents – Major Key Points
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation
Market segmentation
PART 07: Market segmentation by End-user
PART 08: Geographical segmentation
Global procurement outsourcing market by geographical segmentation 2014
ART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
Other prominent vendors
……..CONTINUED
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