Global Banking IT Spending Market 2012-2016
- ID: 2644648
- August 2013
- Region: Global
- 57 Pages
The analysts forecast the Global Banking IT Spending market to grow at a CAGR of 3.51 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for risk management systems. The Global Banking IT Spending market has also been witnessing the increasing use of social media as a marketing tool. However, cyber security issues could pose a challenge to the growth of this market.
The report, the Global Banking IT Spending Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas and the EMEA and APAC regions; it also covers the Global Banking IT Spending market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space include Dell Inc., Hewlett-Packard Co., IBM Corp., and Microsoft Corp.
The other vendors mentioned in this report are Accenture plc, ATOS Origin S.A., Capgemini S.A., Cisco Systems Inc., CGI Group Inc., Computer Sciences Corp., EMC Corp., Fujitsu Ltd., HCL Technologies Ltd., Hitachi Ltd., Intel Corp., Logica, Oracle Corp., SAP AG, and Wipro Technologies.
Key questions answered in this report:
- What will the market size be in 2016 and what will be the growth rate?
- What are 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 key vendors?
- What are the strengths and weaknesses of each of these key vendors?
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01. Executive Summary
02. List of Abbreviations
04. Market Research Methodology
Market Research Process
05. Scope of the Report
06. Market Landscape
06.1 Market Size and Forecast
07. Market Segmentation by Category
07.1 Hardware Market
Market Size and Forecast
07.2 08.3 Services Market
Market Size and Forecast
07.3 Software Market
Market Size and Forecast
07.4 Five Forces Analysis
08. Geographical Segmentation
09. Banking IT Spending in the Americas
09.1 Banking as a Segment of BFSI IT Spending
09.2 Market Size and Forecast
10. Banking IT spending in the APAC Region
10.1 Banking as a Segment of BFSI IT Spending
10.2 Market Size and Forecast
11. Banking IT spending in the EMEA Region
11.1 Banking as a Segment of BFSI IT Spending
11.2 Market Size and Forecast
12. Key Leading Countries
13. Vendor Landscape
14. Buying Criteria
15. Market Growth Drivers
16. Drivers and their Impact
17. Market Challenges
18. Impact of Drivers and Challenges
19. Market Trends
20. Key Vendor Analysis
20.1 IBM Corp.
20.2 Hewlett- Packard Co.
20.3 Microsoft Corp.
20.4 Dell Inc.
21. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Banking IT Spending as a segment of Global BFSI IT Spending market 2012
Exhibit 3: Global Banking IT Spending Market 2012-2016 (US$ billion)
Exhibit 4: Global Banking IT Spending Market by Category Segmentation 2012
Exhibit 5: Global Banking IT Hardware Spending Market 2012-2016 (US$ billion)
Exhibit 6: Global Banking IT Services Spending Market 2012-2016 (US$ billion)
Exhibit 7: Banking IT Software Spending in the APAC Region 2012-2016 (US$ billion)
Exhibit 8: Global Banking IT Spending Market by Geographical Segmentation 2012
Exhibit 9: Banking IT spending as a Segment of BFSI IT Spending market in the Americas 2012
Exhibit 10: Banking IT Spending Market in the Americas 2012-2016 (US$ billion)
Exhibit 11: Banking IT spending as a Segment of BFSI IT Spending market in the APAC Region 2012
Exhibit 12: Banking IT Spending Market in the APAC Region 2012-2016(US$ billion)
Exhibit 13: Banking IT spending as a Segment of BFSI IT Spending Market in the EMEA Region 2012
Exhibit 14: Banking IT Spending Market in the EMEA Region 2012-2016(US$ billion)
Exhibit 15: Global Banking IT Spending Market by Vendor Segmentation 2012
Exhibit 16: Business Segmentation of IBM Corp.
Exhibit 17: Business Segmentation of Hewlett-Packard co.
Exhibit 18: Business Segmentation of Microsoft Corp.
Exhibit 19: Business Segmentation of Dell Inc.
Commenting on the report, an analyst from the team said: “The crust of banking lies in customer loyalty. Social media nowadays is not restricted to only Twitter or Facebook rather the potential of social media is beyond that. With the help of social media platform the banks can know about the customers demand and needs and can design products and solutions addressing those needs which lead to innovation in the products. Social media platform serves as an effective marketing tool as well as sales platform wherein banks can reach to the wider customer target base. It also helps in customer relationship management which is the core of banking. Social media also helps in enhancing the brand image of the bank. American express is a very good example that has used social media to enhance their brand image/value. They started an 'open forum' for the business community in order to increase the interaction within the virtual space, which proved very successful Banks can use this platform to serve customers' queries and start discussion forum specific to the segments plus. They can also use this platform to distribute messages, alerts, and can inform their customers about new products and services.”
According to the report,one of the major drivers is the increasing demand for risk management systems. This is a result of volatility in the market scenario, which results in currency fluctuations. Hence, the need for implementing IT in the Banking industry helps bankers perform better risk analysis.
Further, the report states that one of the major challenges is the growing concern over cyber security. This concern is growing ever more considering the growing demand for the online banking platforms.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Accenture plc, ATOS Origin S.A, Capgemini S.A, Cisco Systems Inc., CGI Group Inc., Computer Sciences Corporation, EMC Corp., Fujitsu Ltd., HCL Technologies Ltd., Hitachi Ltd., Intel Corp., Logica, Oracle Corp., SAP A.G, and Wipro Technologies.
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.
- Accenture plc
- ATOS Origin S.A.
- Capgemini S.A.
- CGI Group Inc.
- Cisco Systems Inc.
- Computer Sciences Corp.
- Dell Inc.
- EMC Corp.
- Fujitsu Ltd.
- HCL Technologies Ltd.
- Hewlett-Packard Co.
- Hitachi Ltd.
- IBM Corp.
- Intel Corp.
- Microsoft Corp.
- Oracle Corp.
- SAP AG
- Wipro Technologies