+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Digital Trends in the Finance, Banking and Insurance Industry, Global, 2019

  • Report

  • 90 Pages
  • March 2020
  • Region: Global
  • Frost & Sullivan
  • ID: 5013134

New Business Models and Market Entrants Require Complete IT Overhaul to Remain Competitive

The overall research objective is to measure the current use and future decision-making behavior toward information technology (IT) around the globe, specifically: Enterprise Mobility Management, Digital Commerce, Unified Communications & Collaboration (UCC), Infrastructure and Data Centers, Cloud Communications, Analytics, Digital Marketing Solutions, Customer Experience Management, Cyber Security, Artificial Intelligence, Internet of Things, Blockchain (DLT), and Enterprise Information Management.

The research aims to:


  • Understand the IT-related challenges organizations face today
  • Monitor the status of digital transformation
  • Assess the current and future use of business communications technologies
  • Evaluate factors that drive investments in communications technologies
  • Gauge IT and communications trends
  • Appraise available IT budgets
  • Measure perceptions by CEO versus CIO
  • Discover opportunities in different regions and business sizes

One of the largest pain points in the financial services industry is the continued need to serve customers with personalized and intelligent sales, marketing, advice, and service. Eliminating silos and creating a collaborative environment is essential to delivering consistent, efficient, and seamless customer service as well as improving brand loyalty. The latter is crucial for continued success in this increasingly competitive environment. In the near future, this battleground of banking will be its greatest opportunity as well as risk.

Research Benefits


  • Identify key business objectives and challenges in this industry
  • Discover IT investment opportunities to address these objectives and challenges; find technologies that have been proven to reduce costs and generate revenue
  • Benchmark with competition and other industry leaders
  • Learn new ways to improve customer experience
  • Determine successful strategies to develop and retain a best-in-class workforce
  • Facilitate your digital transformation journey

Table of Contents

1. Research Objectives and Methods
  • Customer Research Objectives
  • Research Methodology
  • Benefits of this Analysis for the Financial Services Industry
  • Survey Methodology


2. Executive Summary
  • Digital Trends in the Finance, Banking and Insurance Industry - Strategic Imperatives for Growth, Global, 2019 to 2020
  • State of the Financial Services Industry, Global, 2019 to 2020
  • Digital Trends in the Finance, Banking and Insurance Industry - End User Preferences and Plans, Global, 2019 to 2021
  • Digital Trends in the Finance, Banking and Insurance Industry - Business Objectives, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Business Objectives by Region, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Business Objectives by CEO vs CTO/CIO, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top IT Challenges, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top IT Challenges by Business Size, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top IT Challenges by Region, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top IT Challenges by CEO vs CIO/CTO, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top IT Drivers, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top IT Drivers by Business Size, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top IT Drivers by Region, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top IT Drivers by CEO vs CIO/CTO, Global, 2019


3. Digital Transformation Implementation Strategies
  • Digital Trends in the Finance, Banking and Insurance Industry - Stage of Digital Transformation, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Business Processes to be Impacted by Digital Transformation, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - How Digital Transformation Success is Being Measured, Global, 2019


4. Technology Investments 2019 to 2021
  • Digital Trends in Finance, Banking and Insurance - Phases of Digital Technology Implementation, Global, 2019 to 2021 and Beyond
  • Digital Trends in Finance, Banking and Insurance Industry - Key Technology Investments, Global 2019 to 2021
  • Digital Trends in the Finance, Banking and Insurance Industry - IT/Telecom Solutions Used Today, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - IT/Telecom Solutions Investment Plan, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Primary Purchasing Channels, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Primary Purchasing Channels by Business Size, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Primary Purchasing Channels by Region, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Critical Decision Making Factors, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Solutions at Risk of Being Replaced, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Reasons for Solutions to be Replaced, Global 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Security Concerns Regarding IT, Global, 2019


5. Digital Evolution - Emerging Technologies Investments
  • Digital Trends in the Finance, Banking and Insurance Industry - Deployment of Digital Transformation, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Deployment of Digital Transformation by Business Size, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Stage of Digital Transformation, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Digital Transformation Plans Among Non-Users, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Development of Digital Transformation Solutions, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Stage of Digital Transformation, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Competitive Advantage of Digital Transformation, Global, 2019


6. Internet of Things
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Reasons for IoT Investment, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Reasons for IoT Investment by Business Size, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Concerns Regarding IoT, Global, 2019


7. Artificial Intelligence
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Reasons for Investment in AI, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Reasons for Investment in AI by Business Size, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Concerns Regarding AI, Global, 2019


8. Blockchain
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Reasons for Investment in Blockchain, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Reasons for Investment in Blockchain by Business Size, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Top Concerns Regarding Blockchain, Global, 2019


9. Digital Transformation - IT Budgets and Plans for Investments
  • Digital Trends in the Finance, Banking and Insurance Industry - Annual Revenues, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Company's Revenue Growth, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - IT/Telecom Budget, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Company's Revenue Growth, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Company's Global IT Budget Allocation, Global, 2019
  • Digital Trends in the Finance, Banking and Insurance Industry - Company's Global IT Budget Allocation by Business Size, Global, 2019


10. The Last Word
  • The Last Word - Three Big Predictions


11. Case Studies
  • Other Examples of Successful Digital Transformations
  • Legal Disclaimer