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Global Application Outsourcing Market in Banking Sector 2014-2018 - Product Image

Global Application Outsourcing Market in Banking Sector 2014-2018

  • ID: 2623454
  • August 2014
  • Region: Global
  • 85 Pages
  • TechNavio

FEATURED COMPANIES

  • Accenture
  • Cognizant
  • EPAM Systems
  • HP
  • Infosys
  • Luxoft
  • MORE

About Application Outsourcing

Application outsourcing is the process of arranging a wide variety of application services, including new application development and maintenance and management of packaged applications from an external provider. Application outsourcing helps in lowering the total cost of ownership and expanding geographical reach while leveraging technology. It comes into play when increasingly complex banking systems and rapid adoption of changing technology make it difficult and exorbitant to manage and maintain the applications that support business needs.

The analysts forecast the Global Application Outsourcing market in the Banking sector to grow at a CAGR of 4.77 percent over the period 2013-2018.

Covered in this Report
The Global Application Outsourcing market in the Banking sector can be segmented into three divisions: Application Development and Maintenance, Independent Software Testing, and Other Services. This report covers information about the market share of the Global Application Outsourcing market in the Banking sector by application.

The report, the Global Application Outsourcing Market in the Banking Sector 2014-2018, READ MORE >

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Accenture
  • Cognizant
  • EPAM Systems
  • HP
  • Infosys
  • Luxoft
  • MORE

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market Segmentation
07.1 Segmentation of the Global Application Outsourcing Market in Banking Sector
07.2 Global Application Development and Maintenance Outsourcing Market in Banking Sector
07.2.1 Market Size and Forecast
07.3 Global Independent Software Testing Outsourcing Market in Banking Sector
07.3.1 Market Size and Forecast
07.4 Other Application Outsourcing Services in Banking Sector
07.4.1 Market Size and Forecast
08. Market Segmentation by End-users
08.1 Global Application Outsourcing Market in Banking Sector Segmentation by End-users 2013
09. Geographical Segmentation
09.1 Global Application Outsourcing Market in Banking Sector by Geographical Segmentation 2013
09.2 Application Outsourcing Market in Banking Sector in Americas
09.2.1 Market Size and Forecast
09.3 Application Outsourcing Market in Banking Sector in the EMEA Region
09.3.1 Market Size and Forecast
09.4 Application Outsourcing Market in Banking Sector in the APAC Region
09.4.1 Market Size and Forecast
10. Key Leading Countries
10.1 US
10.2 UK
10.3 Japan
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
18.1 Competitive Scenario
18.2 Market Share Analysis 2013
18.3 Other Prominent Vendors
18.3.1 Capgemini SA
18.3.2 CGI Group Inc.
18.3.3 Cognizant Technology Solutions Corp.
18.3.4 Dell Inc.
18.3.5 EPAM System Inc.
18.3.6 HCL Technologies Ltd.
18.3.7 Hexaware Technologies Limited
18.3.8 iGATE Corp.
18.3.9 Infosys Limited
18.3.10 ITC Infotech India Ltd.
19. Key Vendor Analysis
19.1 Accenture
19.1.1 Key Facts
19.1.2 Business Overview
19.1.3 Business Segmentation by Revenue 2013
19.1.4 Business Segmentation by Revenue 2012 and 2013
19.1.5 Geographical Segmentation by Revenue 2013
19.1.6 Business Strategy
19.1.7 Recent Developments
19.1.8 SWOT Analysis
19.2 Computer Sciences
19.2.1 Key Facts
19.2.2 Business Overview
19.2.3 Business Segmentation by Revenue 2013
19.2.4 Business Segmentation by Revenue 2012 and 2013
19.2.5 Geographical Segmentation by Revenue 2013
19.2.6 Business Strategy
19.2.7 Recent Developments
19.2.8 SWOT Analysis
19.3 Hewlett-Packard
19.3.1 Key Facts
19.3.2 Business Overview
19.3.3 Business Segmentation by Revenue 2013
19.3.4 Business Segmentation by Revenue 2012 and 2013
19.3.5 Geographical Segmentation by Revenue 2013
19.3.6 Business Strategy
19.3.7 Recent Developments
19.3.8 SWOT Analysis
19.4 International Business Machines Corp.
19.4.1 Key Facts
19.4.2 Business Description
19.4.3 Business Segmentation
19.4.4 Revenue Segmentation by Business Segments
19.4.5 Revenue Segmentation by Business Operation
19.4.6 Revenue Comparison of Business Segments 2012 and 2013
19.4.7 Revenue Segmentation by Geography
19.4.8 Business Strategy
19.4.9 Key Developments
19.4.10 SWOT Analysis
20. Other Reports in this Series

List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Market Segmentation 2013
Exhibit 3: Global Application Outsourcing Market in Banking Sector 2013-2018 (US$ billion)
Exhibit 4: Segmentation of the Global Application Outsourcing Market in the Banking Sector by Services 2013
Exhibit 5: Global Application Outsourcing market in Banking Sector - Segmentation by Services 2013-2018
Exhibit 6: Global Application Development and Maintenance Outsourcing Market in Banking Sector 2013-2018 (US$ billion)
Exhibit 7: Independent Software Testing Outsourcing Market in Banking Sector 2013-2018 (US$ billion)
Exhibit 8: Others Segment in the Global Application Outsourcing Market in the Banking Sector 2013-2018 (US$ billion)
Exhibit 9: End user Segments of Global Application Outsourcing Market in banking 2013
Exhibit 10: Global Application Outsourcing in the Banking Sector by Geographical Segmentation 2013
Exhibit 11: Global Application Outsourcing Market in Banking Sector by Geographical Segmentation 2013-2018
Exhibit 12: Application Outsourcing Market in Banking Sector in the Americas 2013-2018 (US$ billion)
Exhibit 13: Application Outsourcing Market in Banking Sector in the EMEA Region 2013-2018 (US$ billion)
Exhibit 14: Application Outsourcing Market in the Banking Sector in the APAC Region 2013-2018 (US$ billion)
Exhibit 15: Accenture: Business Segmentation by Revenue 2013
Exhibit 16: Accenture: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 17: Accenture: Geographical Segmentation by Revenue 2013
Exhibit 18: Computer Sciences: Business Segmentation by Revenue 2013
Exhibit 19: Computer Sciences: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
Exhibit 20: Computer Sciences: Geographical Segmentation by Revenue 2013
Exhibit 21: Hewlett-Packard: Business Segmentation by Revenue 2013
Exhibit 22: Hewlett-Packard: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 23: Hewlett-Packard: Geographical Segmentation by Revenue 2013
Exhibit 24: Business Segmentation of IBM Corp.
Exhibit 25: Revenue Segmentation of IBM Corp. 2013
Exhibit 26: Revenue Segmentation of IBM Corp. 2013
Exhibit 27: Revenue Comparison of Business Segments 2012 and 2013 (US$ million)
Exhibit 28: Revenue Segmentation of IBM Corp. by Geography 2013

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Accenture
  • Cognizant
  • EPAM Systems
  • HP
  • Infosys
  • Luxoft
  • MORE

Commenting on the report, an analyst from the team said: “One of the major trends in the market is the increased usage of technology in retail banking. More investment is being made to enhance customer experience as consumers have increased access to retail banking because of the rise in the number of mobile devices. Banks are increasingly adopting new application portfolios to manage their information and they are also using analytics to target the customers.”

According to the report, increased adoption of cost-efficient and innovative models is one of the major factors driving the market. Banks are adopting cost-saving models to help them reduce the technological risk associated with banking channels, CRM, and transaction processes.

Further, the report states that one of the main challenges that the market faces is lack of control over Information System security. Information System is essential for storing details regarding customer data, transaction details, and other confidential information. Application outsourcing involves risks in terms of loss of privacy and breaches of data confidentiality as data security is very difficult to maintain in an outsourced environment.

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.

Note: Product cover images may vary from those shown

- Accenture
- CSC
- HP
- IBM
- Capgemini
- CGI Group
- Cognizant
- Dell
- EPAM Systems
- HCL Technologies
- Hexaware Technologies
- iGATE
- Infosys
- ITC Infotech
- L&T Infotech
- Luxoft
- Mindtree
- Polaris Financial Technology
- Softtek
- Syntel
- TCS
- Unisys
- Wipro

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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