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The retail banking it spending market is forecasted to grow by USD 13.57 billion during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the retail banking it spending market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for greater customer satisfaction, increased efficiency in banking operations, and rise in autonomous banking.
The retail banking it spending market is segmented as below:
By Type
- IT services
- IT hardware
- IT software
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the retail banking it spending market covers the following areas:
- Retail banking it spending market sizing
- Retail banking it spending market forecast
- Retail banking it spending market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global retail banking IT spending market: Accenture PLC, Atos SE, Capgemini Service SAS, CGI Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp., Dell Technologies Inc., Fidelity National Information Services Inc., Fujitsu Ltd., Genpact Ltd., HCL Technologies Ltd., Hitachi Ltd., HP Inc., Infosys Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., NetApp Inc., Oracle Corp., SAP SE, Wipro Ltd., and WNS Holdings Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is incorporation of analytics into third-party banking software."
According to the report, one of the major drivers for this market is the growing need for greater customer satisfaction.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture Plc
- Atos SE
- Capgemini Service SAS
- CGI Inc.
- Cisco Systems Inc.
- Cognizant Technology Solutions Corp.
- Dell Technologies Inc.
- Fidelity National Information Services Inc.
- Fujitsu Ltd.
- Genpact Ltd.
- HCL Technologies Ltd.
- Hitachi Ltd.
- HP Inc.
- Infosys Ltd.
- Intel Corp.
- International Business Machines Corp.
- Microsoft Corp.
- NetApp Inc.
- Oracle Corp.
- SAP SE
- Wipro Ltd.
- WNS Holdings Ltd.