Global Financial Services Application Market By Product (Software & Services), By Deployment (Cloud & On-premise), By Enterprise Size, By Region (North America, Europe, APAC, MEA & South America), Competition, Forecast & Opportunities, 2024

Financial services are the services offered by the finance industry comprising businesses that manage money. With rapid globalization, there is demand for providing risk-free, compliant and data-driven application and software to end-users, which in turn is expected to drive the global financial services application market through 2024. Financial institutions and banks have introduced online solutions and other services like online transfers and person to person payment, thereby boosting the financial services application market. Moreover, the emergence of digital channel for banking is anticipated to positively influence the global financial services application market during the forecast period.

Financial services application market can be segmented based on product, deployment, enterprise size and region. Based on the product, the market can be bifurcated into software and services. The software segment can be further segmented into audit, risk & compliance management, BI & analytics applications, business transaction processing, customer experience and enterprise IT. Business intelligence & analytics application is the leading segment in the global financial services application market, as it provides comprehensive business information and insights that can be used to make smart decisions. Moreover, it helps to improve operational efficiency and provides personalized services.

Financial services application is gaining traction and expanding to various regions including Asia-Pacific, North America, Europe, South America and the Middle East & Africa. Owing to the early adoption of technologies such as artificial intelligence, North America accounts for the majority share in the global financial services application market during the forecast period.

Major players operating in the global financial services application market include Fidelity National Information Services, Inc., Accenture, Inc., Tata Consultancy Services Limited, Fiserv Inc., Infosys Ltd and International Business Machines Corporation, among others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. In 2018, Accenture entered into an agreement with financial service software company Zafin to serve as the preferred integrator as part of a go-to-market strategy.

Years considered for this report:

Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024

The objective of the Study:

To analyze and forecast the global financial services application market size.
To classify and forecast the global financial services application market based on product, deployment, enterprise size and regional.
To identify drivers and challenges for the global financial services application market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global financial services application market.
To identify and analyze the profile of leading players operating in the global financial services application market.

Some of the leading players in the global financial services application market include Fidelity National Information Services, Inc., Accenture, Inc., Tata Consultancy Services Limited, Fiserv Inc., Infosys Ltd and International Business Machines Corporation, among others.

The author performed both primary as well as exhaustive secondary research for this study. Initially, they sourced a list of service providers across the globe. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they could include the service providers which could not be identified due to the limitations of secondary research. The author analyzed the service offerings, distribution channels and the presence of all major service providers across the globe.

The author calculated the global financial services application market size by using a bottom-up approach, where data for various end-user segments were recorded and forecast for the future years. They sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

Financial application providers and service providers
Research organizations and consulting companies
Government bodies such as regulating authorities and policymakers
Organizations, forums and alliances related to financial application

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as service providers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, the global financial services application market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Market, by Product:

Software
Business Transaction Processing
Enterprise IT
BI & Analytics Applications
Customer Experience
Audit, Risk, & Compliance Management
Services

Market, by Deployment:

On-premise
Cloud

Market, by Enterprise Size:

Large Enterprise
SME

Market, by Region:

North America
- United States
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- Australia
- India
- Rest of Asia Pacific
Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Qatar
- Rest of Middle East & Africa
South America
- Brazil
- Argentina
- Colombia
- Rest of South America

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global financial services application market.

Available Customizations:
With the given market data, the author offers customizations according to a company’s specific needs. Please contact customer service for more enquires

Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.

1. Product Overview2. Research Methodology3. Executive Summary

4. Voice of Customer

4.1. Preferred mode of Deployment
4.2. Major challenges faced
4.3. Vendor Selection Parameter. Please rate between 1-5 where 1 is least important and 5 is most important
4.4. Existing Company

5. Global Financial Services Application Market Outlook

5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product (Software and Services)
5.2.1.1. Software (Business Transaction Processing, Enterprise IT, Business Intelligence & Analytics Applications, Customer Experience and Audit, Risk, & Compliance Management)
5.2.2. By Deployment (On-premise and Cloud)
5.2.3. By Enterprise Size (Large Enterprise and SME)
5.2.4. By Region (North America; Europe; Asia Pacific; Middle East & Africa and South America)
5.2.5. By Company (2018)
5.3. Market Map

6. North America Financial Services Application Market Outlook

6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product
6.2.2. By Deployment
6.2.3. By Country (United States; Canada and Mexico)
6.3. North America: Country Analysis
6.3.1. United States Financial Services Application Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Product
6.3.1.2.2. By Deployment
6.3.2. Canada Financial Services Application Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Product
6.3.2.2.2. By Deployment
6.3.3. Mexico Financial Services Application Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Product
6.3.3.2.2. By Deployment

7. Europe Financial Services Application Market Outlook

7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Deployment
7.2.3. By Country (United Kingdom; Germany; France; Italy, Spain and Rest of Europe)
7.3. Europe: Country Analysis
7.3.1. United Kingdom Financial Services Application Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Product
7.3.1.2.2. By Deployment
7.3.2. Germany Financial Services Application Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Product
7.3.2.2.2. By Deployment
7.3.3. France Financial Services Application Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Product
7.3.3.2.2. By Deployment
7.3.4. Italy Financial Services Application Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Product
7.3.4.2.2. By Deployment
7.3.5. Spain Financial Services Application Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Product
7.3.5.2.2. By Deployment

8. Asia-Pacific Financial Services Application Market Outlook

8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Deployment
8.2.3. By Country (China; Japan; South Korea; Australia; India and Rest of Asia Pacific)
8.3. Asia-Pacific: Country Analysis
8.3.1. China Financial Services Application Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Product
8.3.1.2.2. By Deployment
8.3.2. Japan Financial Services Application Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Product
8.3.2.2.2. By Deployment
8.3.3. South Korea Financial Services Application Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Product
8.3.3.2.2. By Deployment
8.3.4. Australia Financial Services Application Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Product
8.3.4.2.2. By Deployment
8.3.5. India Financial Services Application Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Product
8.3.5.2.2. By Deployment

9. Middle East & Africa Financial Services Application Market Outlook

9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Deployment
9.2.3. By Country (UAE; Saudi Arabia; South Africa; Qatar and Rest of Middle East & Africa)
9.3. MEA: Country Analysis
9.3.1. UAE Financial Services Application Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Product
9.3.1.2.2. By Deployment
9.3.2. South Africa Financial Services Application Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Product
9.3.2.2.2. By Deployment
9.3.3. Saudi Arabia Financial Services Application Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Product
9.3.3.2.2. By Deployment
9.3.4. Qatar Financial Services Application Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Product
9.3.4.2.2. By Deployment

10. South America Financial Services Application Market Outlook

10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Product
10.2.2. By Deployment
10.2.3. By Country (Brazil; Argentina; Colombia; and Rest of South America)
10.3. South America: Country Analysis
10.3.1. Brazil Financial Services Application Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Product
10.3.1.2.2. By Deployment
10.3.2. Argentina Financial Services Application Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Product
10.3.2.2.2. By Deployment
10.3.3. Colombia Financial Services Application Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Product
10.3.3.2.2. By Deployment

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape

13.1. Competition Outlook
13.2. Company Profiles
13.2.1. Fidelity National Information Services, Inc.
13.2.2. Accenture, Inc.
13.2.3. Tata Consultancy Services Limited
13.2.4. Fiserv, Inc.
13.2.5. Infosys Limited
13.2.6. International Business Machines Corporation
13.2.7. SAP SE
13.2.8. Temenos AG
13.2.9. Oracle Financial Services Software Limited
13.2.10. Finastra Group Holdings Limited

14. Strategic RecommendationsNote: The companies list can be customized based onclientrequirements.

List of Figures

Figure 1: Global Financial Services Application Market Respondents, By Preferred mode of Deployment (N=125)
Figure 2: Global Financial Services Application Market Respondents, By Major challenges faced (N=125)
Figure 3: Global Financial Services Application Market Respondents, By Vendor Selection Parameter. Please rate between 1-5 where 1 is least important and 5 is most important (N=125)
Figure 4: Global Financial Services Application, By Existing Company (N=125)
Figure 5: Global Financial Services Application Market Size, By Value, 2014-2018 (USD Billion)
Figure 6: Global Financial Services Application Market Size, By Value, 2019E-2024F (USD Billion)
Figure 7: Global Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 8: Global Financial Services Application Market Share, By Product, By Software, By Value, 2014-2024F
Figure 9: Global Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 10: Global Financial Services Application Market Share, By Enterprise Size, By Value, 2014-2024F
Figure 11: Global Financial Services Application Market Share, By Region, By Value, 2014-2014F
Figure 12: Global Financial Services Application Market Share, By Company, By Value, 2018
Figure 13. Global Financial Services Application Market Attractiveness Index, By Product, By Value, 2019E-2024F
Figure 14. Global Financial Services Application Market Attractiveness Index, By Deployment Type, By Value, 2019E-2024F
Figure 15. Global Financial Services Application Market Attractiveness Index, By Enterprise Size, By Value, 2019E-2024F
Figure 16. Global Financial Services Application Market Attractiveness Index, By Region, By Value, 2019E-2024F
Figure 17: North America Financial Services Application Market Size, By Value, 2014-2018 (USD Billion)
Figure 18: North America Financial Services Application Market Size, By Value, 2019E-2024F (USD Billion)
Figure 19: North America Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 20: North America Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 21: North America Financial Services Application Market Share, By Country, By Value, 2014-2024F
Figure 22: United States’ share in North America Financial Services Application Market, By Value, 2018 & 2024F
Figure 23: United States Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 24: United States Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 25: Canada’s Share in North America Financial Services Application Market, By Value, 2018 & 2024F
Figure 26: Canada Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 27: Canada Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 28: Mexico’s Share in North America Financial Services Application Market, By Value, 2018 & 2024F
Figure 29: Mexico Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 30: Mexico Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 31: Europe Financial Services Application Market Size, By Value, 2014-2018 (USD Billion)
Figure 32: Europe Financial Services Application Market Size, By Value, 2019E-2024F (USD Billion)
Figure 33: Europe Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 34: Europe Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 35: Europe Financial Services Application Market Share, By Country, By Value, 2014-2024F
Figure 36: United Kingdom’s Share in Europe Financial Services Application Market, By Value, 2018 & 2024F
Figure 37: United Kingdom Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 38: United Kingdom Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 39: Germany’s share in Europe Financial Services Application Market, By Value, 2018 & 2024F
Figure 40: Germany Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 41: Germany Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 42: France’s share in Europe Financial Services Application Market, By Value, 2018 & 2024F
Figure 43: France Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 44: France Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 45: Italy’s share in Europe Financial Services Application Market, By Value, 2018 & 2024F
Figure 46: Italy Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 47: Italy Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 48: Spain’s share in Europe Financial Services Application Market, By Value, 2018 & 2024F
Figure 49: Spain Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 50: Spain Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 51: Asia-Pacific Financial Services Application Market Size, By Value, 2014-2018 (USD Billion)
Figure 52: Asia-Pacific Financial Services Application Market Size, By Value, 2019E-2024F (USD Billion)
Figure 53: Asia-Pacific Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 54: Asia-Pacific Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 55: Asia-Pacific Financial Services Application Market Share, By Country, By Value, 2014-2024F
Figure 56: China’s share in Asia-Pacific Financial Services Application Market, By Value, 2018 & 2024F
Figure 57: China Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 58: China Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 59: Japan’s share in Asia-Pacific Financial Services Application Market, By Value, 2018 & 2024F
Figure 60: Japan Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 61: Japan Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 62: South Korea’s share in Asia-Pacific Financial Services Application Market, By Value, 2018 & 2024F
Figure 63: South Korea Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 64: South Korea Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 65: Australia’s share in Asia-Pacific Financial Services Application Market, By Value, 2018 & 2024F
Figure 66: Australia Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 67: Australia Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 68: India’s share in Asia-Pacific Financial Services Application Market, By Value, 2018 & 2024F
Figure 69: India Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 70: India Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 71: Middle East & Africa Financial Services Application Market Size, By Value, 2014-2018 (USD Billion)
Figure 72: Middle East & Africa Financial Services Application Market Size, By Value, 2019E-2024F (USD Billion)
Figure 73: Middle East & Africa Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 74: Middle East & Africa Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 75: Middle East & Africa Financial Services Application Market Share, By Country, By Value, 2014-2024F
Figure 76: UAE’s share in Middle East & Africa Financial Services Application Market, By Value, 2018 & 2024F
Figure 77: UAE Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 78: UAE Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 79: South Africa’s share in Middle East & Africa Financial Services Application Share, By Value, 2018 & 2024F
Figure 80: South Africa Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 81: South Africa Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 82: Saudi Arabia’s share in Middle East & Africa Financial Services Application Share, By Value, 2018 & 2024F
Figure 83: Saudi Arabia Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 84: Saudi Arabia Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 85: Qatar’s share in Middle East & Africa Financial Services Application Market, By Value, 2018 & 2024F
Figure 86: Qatar Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 87: Qatar Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 88: South America Financial Services Application Market Size, By Value, 2014-2018 (USD Billion)
Figure 89: South America Financial Services Application Market Size, By Value, 2019E-2024F (USD Billion)
Figure 90: South America Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 91: South America Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 92: South America Financial Services Application Market Share, By Country, By Value, 2014-2024F
Figure 93: Brazil’s share in South America Financial Services Application Market, By Value, 2018 & 2024F
Figure 94: Brazil Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 95: Brazil Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 96: Argentina’s share in South America Financial Services Application Market, By Value, 2018 & 2024F
Figure 97: Argentina Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 98: Argentina Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F
Figure 99: Colombia’s share in South America Financial Services Application Market, By Value, 2018 & 2024F
Figure 100: Colombia Financial Services Application Market Share, By Product, By Value, 2014-2024F
Figure 101: Colombia Financial Services Application Market Share, By Deployment Type, By Value, 2014-2024F

List of Tables

Table 1: United States Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 2: Canada Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 3: Mexico Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 4: United Kingdom Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 5: Germany Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 6: France Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 7: Italy Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 8: Spain Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 9: China Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 10: Japan Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 11: South Korea Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 12: Australia Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 13: India Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 14: UAE Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 15: South Africa Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 16: Saudi Arabia Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 17: Qatar Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 18: Brazil Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 19: Argentina Financial Services Application Market Size, By Value, 2014-2024F (USD Million)
Table 20: Colombia Financial Services Application Market Size, By Value, 2014-2024F (USD Million)