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The islamic banking software market is forecasted to grow by USD 3.28 billion during 2023-2028, accelerating at a CAGR of 11.53% during the forecast period. The report on the islamic banking software 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 issue of smart cards by islamic banks, increasing sukuk issuance, and mobility in the banking industry.
The islamic banking software market is segmented as below:
By Application
- Retail
- Corporate
- Others
By Deployment
- On-premises
- Cloud
By Geographical Landscape
- Middle East and Africa
- APAC
- Europe
- North America
- South America
The report on the islamic banking software market covers the following areas:
- Islamic banking software market sizing
- Islamic banking software market forecast
- Islamic banking software 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 Application
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global islamic banking software market: AutoSoft Dynamics Pvt. Ltd., Azentio Software Pvt. Ltd., Bank Albilad, Bank Alfalah Islamic Banking, BML Istisharat SAL, Codebase Technologies FZE, Craft Silicon Ltd., First Abu Dhabi Bank PJSC, ICS Financial Systems Ltd., INFOPRO Sdn Bhd, Infosys Ltd., International Turnkey Systems Group, Millennium Information Solution Ltd., Nucleus Software Exports Ltd., Oracle Corp., Sopra Steria Group SA, Tata Consultancy Services Ltd., Temenos AG, and Virmati Infotech Pvt. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is adoption of blockchain technology."
According to the report, one of the major drivers for this market is the issue of smart cards by islamic banks.
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:
- AutoSoft Dynamics Pvt. Ltd.
- Azentio Software Pvt. Ltd.
- Bank Albilad
- Bank Alfalah Islamic Banking
- BML Istisharat SAL
- Codebase Technologies FZE
- Craft Silicon Ltd.
- First Abu Dhabi Bank PJSC
- ICS Financial Systems Ltd.
- INFOPRO Sdn Bhd
- Infosys Ltd.
- International Turnkey Systems Group
- Millennium Information Solution Ltd.
- Nucleus Software Exports Ltd.
- Oracle Corp.
- Sopra Steria Group SA
- Tata Consultancy Services Ltd.
- Temenos AG
- Virmati Infotech Pvt. Ltd.
