Global Private and Public Cloud Market in Financial Services Industry 2014-2018

2014-08-13
Price :
Published : Aug-2014
No. of Pages : 74

Financial services are the services offered by the Financial sector that help credit companies, insurance companies, accounts companies banks, and investment funds, and certain finance firms manage capital. Changing technology assists in the growth of the Financial Services industry. Cloud computing, for instance, when used in the industry, helps reduce ongoing operational costs. Other benefits of cloud computing also includes its ability to help financial industries gain better reach and customers in the market. Both private and public cloud solutions are used in the Financial Services industry. Private cloud solutions are used more often by financial institutions as they offer better security and can be customized in comparison to public cloud solutions. This factor will lead to the increased growth of the Financial Services industry in 2018.

TechNavio’s analysts forecast the Global Private and Public Cloud Market in Financial Services to grow at a CAGR of 24.85 percent over the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Private and Public Cloud market in Financial Services Industry for the period 2013-2018. To calculate the market size, the report considers revenue generated from SaaS, IaaS, PaaS, and BPaaS for the private and public cloud. It also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Global Private and Public Cloud market in Financial Services Industry. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.

Key Regions

  • Americas
  • EMEA
  • APAC

Key Vendors

  • Accenture Plc
  • IBM Corp.
  • Infosys Technologies Ltd.
  • Fujitsu Ltd.

Other Prominent Vendors

  • Amazon Web Services
  • Capgemini
  • Cisco
  • CSC
  • Dimension Data
  • EMC
  • HP
  • Microsoft
  • PwC
  • Unisys
  • Wipro

Market Driver

  • Ability to Reduce Costs
  • For a full, detailed list, view our report

Market Challenge

  • High Initial Costs of Private Cloud Adoption
  • For a full, detailed list, view our report

Market Trend

  • Increased Mobilization of Applications
  • For a full, detailed list, view our report

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the 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 the key vendors?
  • What are the strengths and weaknesses of the key vendors?
Filed in: Information Technology
Publisher : Technavio
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