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IT BFSI - Global Strategic Business Report

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    Report

  • 178 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805653
The global market for IT BFSI is estimated at US$210 Billion in 2023 and is projected to reach US$467.2 Billion by 2030, growing at a CAGR of 12.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the IT BFSI Solutions segment, which is expected to reach US$319.9 Billion by 2030 with a CAGR of 11.4%. The IT BFSI Services segment is also set to grow at 13.7% CAGR over the next 7 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $63.7 Billion in 2023, and China, forecasted to grow at an impressive 11.6% CAGR to reach $81.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global IT BFSI Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global IT BFSI Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global IT BFSI Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Accenture PLC, Adobe Systems, Inc., CA Technologies, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 9 Featured):

  • Accenture PLC
  • Adobe Systems, Inc.
  • CA Technologies, Inc.
  • Cognizant Technology Solutions Corporation
  • IBM Corporation
  • Micro Focus International PLC
  • Microsoft Corporation
  • Oracle Corporation
  • Salesforce.com, Inc.
  • SAP SE

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • IT BFSI - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for IT BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World 16-Year Perspective for IT BFSI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 4: World 16-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World 16-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 7: World IT BFSI Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 8: World Recent Past, Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World 16-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World 16-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 12: World Historic Review for IT BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World Historic Review for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 14: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World Historic Review for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World Historic Review for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
III. MARKET ANALYSIS
UNITED STATES
  • IT BFSI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 17: USA Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 18: USA 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 19: USA Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 20: USA 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 21: USA Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: USA Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
CANADA
  • Table 23: Canada Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 24: Canada 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 25: Canada Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 26: Canada 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 27: Canada Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: Canada Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
JAPAN
  • IT BFSI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 29: Japan Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 30: Japan 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 31: Japan Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 32: Japan 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 33: Japan Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: Japan Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
CHINA
  • IT BFSI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 35: China Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 36: China 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 37: China Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 38: China 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 39: China Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 40: China Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
EUROPE
  • IT BFSI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 41: Europe Recent Past, Current & Future Analysis for IT BFSI by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 42: Europe 16-Year Perspective for IT BFSI by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
  • Table 43: Europe Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 44: Europe 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 45: Europe Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 46: Europe 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 47: Europe Historic Review for IT BFSI by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 48: Europe Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 49: Europe Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
FRANCE
  • IT BFSI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 50: France Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 51: France 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 52: France Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 53: France 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 54: France Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 55: France Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
GERMANY
  • IT BFSI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 56: Germany Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 57: Germany 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 58: Germany Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 59: Germany 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 60: Germany Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 61: Germany Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
ITALY
  • Table 62: Italy Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 63: Italy 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 64: Italy Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 65: Italy 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 66: Italy Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 67: Italy Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
UNITED KINGDOM
  • IT BFSI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 68: UK Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 69: UK 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 70: UK Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 71: UK 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 72: UK Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 73: UK Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
REST OF EUROPE
  • Table 74: Rest of Europe Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 75: Rest of Europe 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 76: Rest of Europe Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 77: Rest of Europe 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 78: Rest of Europe Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 79: Rest of Europe Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
ASIA-PACIFIC
  • IT BFSI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 80: Asia-Pacific Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 81: Asia-Pacific 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 82: Asia-Pacific Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 83: Asia-Pacific 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 84: Asia-Pacific Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 85: Asia-Pacific Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
REST OF WORLD
  • Table 86: Rest of World Recent Past, Current & Future Analysis for IT BFSI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 87: Rest of World 16-Year Perspective for IT BFSI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2014, 2024 & 2030
  • Table 88: Rest of World Recent Past, Current & Future Analysis for IT BFSI by Deployment Type - On-Premise and Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 89: Rest of World 16-Year Perspective for IT BFSI by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Cloud for the Years 2014, 2024 & 2030
  • Table 90: Rest of World Historic Review for IT BFSI by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 91: Rest of World Historic Review for IT BFSI by Deployment Type - On-Premise and Cloud Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Accenture PLC
  • Adobe Systems, Inc.
  • CA Technologies, Inc.
  • Cognizant Technology Solutions Corporation
  • IBM Corporation
  • Micro Focus International PLC
  • Microsoft Corporation
  • Oracle Corporation
  • Salesforce.com, Inc.
  • SAP SE

Table Information