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BFSI Industry in APAC - IT Market Assessment
Infiniti Research Limited, Oct 2008, Pages: 24
The economic gravity is shifting towards Asia. The world’s two fastest growing economies China and India are experiencing a growth rate of 8% and above. While China is a major manufacturing hub on one side, India on the other hand has carved a niche in the services sector. However, the most striking factor is that the growth is not just restricted to India and china alone. The rest of Asia is also growing strongly. Vietnam, Hong Kong, Singapore, Japan and Australia are major Asian dragons with a booming economy and a fast paced growth.
In addition, the savings and investments rate in Asia is quite high in comparison to the other emerging economies of the world. The developing economies of Asia particularly East Asia are growing at a very fast pace and this has lead to increase in the income levels of the middle class families.
The report forecasts the IT spending of the BFSI industry in APAC over the period 2007-2010. It is meant for IT vendors and intends to help them identify selling opportunities in the BFSI industry in APAC. The report identifies key business issues being faced by the BFSI industry in APAC.
Further, the identified sales drivers can be used to penetrate these accounts or increase current share of the customers wallet. Also, the report lists leading IT buyers and provides their brief company profile, along with their IT spending.
TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the Technology Navigators. TechNavio is built on years of experience of the author’s in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.
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