Industry Growth Insights published a new data on “BFSI IT Market”. The research report is titled “BFSI IT Market research by Types (ECM, CRM, HCM, ERP, Artificial Intelligence, Business Intelligence, Unified Communications), By Applications (Commercial Banks, Insurance Companies, Non-Banking Financial Companies, Cooperatives, Others), By Players/Companies IBM, Microsoft, Accenture, Micro Focus, SAP, Cognizant”.
Scope Of The Report
Report Attributes
Report Details
Report Title
BFSI IT Market Research Report
By Type
ECM, CRM, HCM, ERP, Artificial Intelligence, Business Intelligence, Unified Communications
By Application
Commercial Banks, Insurance Companies, Non-Banking Financial Companies, Cooperatives, Others
By Companies
IBM, Microsoft, Accenture, Micro Focus, SAP, Cognizant
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global BFSI IT Market Report Segments:
The global BFSI IT market is segmented on the basis of:
Types
ECM, CRM, HCM, ERP, Artificial Intelligence, Business Intelligence, Unified Communications
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Banks, Insurance Companies, Non-Banking Financial Companies, Cooperatives, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Microsoft
- Accenture
- Micro Focus
- SAP
- Cognizant
Highlights of The BFSI IT Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ECM
- CRM
- HCM
- ERP
- Artificial Intelligence
- Business Intelligence
- Unified Communications
- By Application:
- Commercial Banks
- Insurance Companies
- Non-Banking Financial Companies
- Cooperatives
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the BFSI IT Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
BFSI IT is a term used to describe the use of technology in the banking and financial services industry. It encompasses everything from online banking to mobile apps.
Some of the major players in the bfsi it market are IBM, Microsoft, Accenture, Micro Focus, SAP, Cognizant.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 BFSI IT Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 BFSI IT Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 BFSI IT Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the BFSI IT Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global BFSI IT Market Size & Forecast, 2018-2028
4.5.1 BFSI IT Market Size and Y-o-Y Growth
4.5.2 BFSI IT Market Absolute $ Opportunity
Chapter 5 Global BFSI IT Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 BFSI IT Market Size Forecast by Type
5.2.1 ECM
5.2.2 CRM
5.2.3 HCM
5.2.4 ERP
5.2.5 Artificial Intelligence
5.2.6 Business Intelligence
5.2.7 Unified Communications
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global BFSI IT Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 BFSI IT Market Size Forecast by Applications
6.2.1 Commercial Banks
6.2.2 Insurance Companies
6.2.3 Non-Banking Financial Companies
6.2.4 Cooperatives
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global BFSI IT Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 BFSI IT Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America BFSI IT Analysis and Forecast
9.1 Introduction
9.2 North America BFSI IT Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America BFSI IT Market Size Forecast by Type
9.6.1 ECM
9.6.2 CRM
9.6.3 HCM
9.6.4 ERP
9.6.5 Artificial Intelligence
9.6.6 Business Intelligence
9.6.7 Unified Communications
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America BFSI IT Market Size Forecast by Applications
9.10.1 Commercial Banks
9.10.2 Insurance Companies
9.10.3 Non-Banking Financial Companies
9.10.4 Cooperatives
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe BFSI IT Analysis and Forecast
10.1 Introduction
10.2 Europe BFSI IT Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe BFSI IT Market Size Forecast by Type
10.6.1 ECM
10.6.2 CRM
10.6.3 HCM
10.6.4 ERP
10.6.5 Artificial Intelligence
10.6.6 Business Intelligence
10.6.7 Unified Communications
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe BFSI IT Market Size Forecast by Applications
10.10.1 Commercial Banks
10.10.2 Insurance Companies
10.10.3 Non-Banking Financial Companies
10.10.4 Cooperatives
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific BFSI IT Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific BFSI IT Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific BFSI IT Market Size Forecast by Type
11.6.1 ECM
11.6.2 CRM
11.6.3 HCM
11.6.4 ERP
11.6.5 Artificial Intelligence
11.6.6 Business Intelligence
11.6.7 Unified Communications
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific BFSI IT Market Size Forecast by Applications
11.10.1 Commercial Banks
11.10.2 Insurance Companies
11.10.3 Non-Banking Financial Companies
11.10.4 Cooperatives
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America BFSI IT Analysis and Forecast
12.1 Introduction
12.2 Latin America BFSI IT Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America BFSI IT Market Size Forecast by Type
12.6.1 ECM
12.6.2 CRM
12.6.3 HCM
12.6.4 ERP
12.6.5 Artificial Intelligence
12.6.6 Business Intelligence
12.6.7 Unified Communications
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America BFSI IT Market Size Forecast by Applications
12.10.1 Commercial Banks
12.10.2 Insurance Companies
12.10.3 Non-Banking Financial Companies
12.10.4 Cooperatives
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) BFSI IT Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) BFSI IT Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) BFSI IT Market Size Forecast by Type
13.6.1 ECM
13.6.2 CRM
13.6.3 HCM
13.6.4 ERP
13.6.5 Artificial Intelligence
13.6.6 Business Intelligence
13.6.7 Unified Communications
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) BFSI IT Market Size Forecast by Applications
13.10.1 Commercial Banks
13.10.2 Insurance Companies
13.10.3 Non-Banking Financial Companies
13.10.4 Cooperatives
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 BFSI IT Market: Competitive Dashboard
14.2 Global BFSI IT Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Microsoft
14.3.3 Accenture
14.3.4 Micro Focus
14.3.5 SAP
14.3.6 Cognizant
