Market Overview:
The global IT spending by investment banks market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for risk management, customer management, and resource management applications among investment banks. In addition, the growing adoption of cloud-based solutions is also contributing to the growth of this market. However, lack of awareness about latest technologies and security concerns are some of the major factors restraining the growth of this market. The hardware segment is expected to account for the largest share in terms of revenue in 2018 and is projected to grow at a CAGR of 7% duringthe forecast period from 2018to 2030..
Product Definition:
IT Spending by Investment Banks is the investment banks' spending on information technology (IT) products and services. It is important because it allows the investment banks to operate more efficiently and effectively.
Hardware:
Hardware is the tangible assets of an information technology system. It includes storage devices, computer systems, networking devices and other electronic products that can be used to input or output data by using software applications. Hardware components are used in the construction of IT spending models to estimate future expenditure on information technology infrastructure by various businesses and organizations across different industry verticals such as BFSI (Banking, Financial Services & Insurance), retail, telecom & media etc.
Hardware includes both physical.
Software:
Software and it's usage in investment banks market is a new term which came into existence only recently. It means the tools, processes, systems or technologies used by an investment bank to carry out its business operations. Investment banking includes various activities such as underwriting; mergers and acquisitions; corporate finance; bond trading; stockbroking etc.
Application Insights:
The risk management segment dominated the global IT spending by investment banks market in 2017. The growth of this segment can be attributed to the increasing demand for effective and efficient solutions that help organizations manage their risks effectively. Furthermore, customer management is expected to witness significant growth over the forecast period owing to an increase in demand from various industries such as banking, financial services and insurance (BFSI) and retail for managing client relationships across different channels such as mobile, web & app interfaces.
Furthermore, resource management is also anticipated to grow at a lucrative rate over the forecast period owing to factors such as rapid technological advancements that have ledto increased efficiency among employees resulting in reduced headcounts while increasing productivity significantly within a short span of time.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to factors such as increasing government spending on cloud computing and big data, rising demand for mobile devices among employees and rapid adoption of IoT technologies. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to growing investments by governments in developing countries such as China and India. Moreover, increasing use of smartphones & tablets among users will drive demand for IT services in this region.
Growth Factors:
- Increased demand for IT services and solutions from investment banks to support their business operations and growth.
- Proliferation of new technologies and their increasing adoption by investment banks to improve efficiency, productivity, and competitiveness.
- Growing demand for big data analytics, cloud computing, mobile banking/financial services among other innovative technologies from investment banks to enhance customer experience.
- Rising pressure on compliance with regulatory requirements governing the banking sector which is driving up spending on IT security solutions and related services among investment banks 5 Increased focus by investment banks on cost optimization through effective utilization of technology
Scope Of The Report
Report Attributes
Report Details
Report Title
IT Spending by Investment Banks Market Research Report
By Type
Hardware, Software, Services
By Application
Risk Management, Customer Management, Resource Management, Coporate Governance
By Companies
Accenture, Cognizant, Infosys, TCS, Aegis, BCS Financial Group, Capco, Capgemini, Datatec, Dion, EMC, Genpact, idhasoft, informatica, KKR, Netapp, Oracle, Polaris, SAP, Symantec, TCS, TIBCO Software, T-Systems, Verizon, Wipro
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global IT Spending by Investment Banks Market Report Segments:
The global IT Spending by Investment Banks market is segmented on the basis of:
Types
Hardware, Software, Services
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
Risk Management, Customer Management, Resource Management, Coporate Governance
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:
- Accenture
- Cognizant
- Infosys
- TCS
- Aegis
- BCS Financial Group
- Capco
- Capgemini
- Datatec
- Dion
- EMC
- Genpact
- idhasoft
- informatica
- KKR
- Netapp
- Oracle
- Polaris
- SAP
- Symantec
- TCS
- TIBCO Software
- T-Systems
- Verizon
- Wipro
Highlights of The IT Spending by Investment Banks 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:
- Hardware
- Software
- Services
- By Application:
- Risk Management
- Customer Management
- Resource Management
- Coporate Governance
- 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 IT Spending by Investment Banks 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.
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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?
IT spending by investment banks is typically in the range of $1 billion to $2 billion annually.
Some of the major players in the it spending by investment banks market are Accenture, Cognizant, Infosys, TCS, Aegis, BCS Financial Group, Capco, Capgemini, Datatec, Dion, EMC, Genpact, idhasoft, informatica, KKR, Netapp, Oracle, Polaris, SAP, Symantec, TCS, TIBCO Software, T-Systems, Verizon, Wipro.
The it spending by investment banks market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IT Spending by Investment Banks 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 IT Spending by Investment Banks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IT Spending by Investment Banks 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 IT Spending by Investment Banks 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 IT Spending by Investment Banks Market Size & Forecast, 2018-2028
4.5.1 IT Spending by Investment Banks Market Size and Y-o-Y Growth
4.5.2 IT Spending by Investment Banks Market Absolute $ Opportunity
Chapter 5 Global IT Spending by Investment Banks 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 IT Spending by Investment Banks Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IT Spending by Investment Banks 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 IT Spending by Investment Banks Market Size Forecast by Applications
6.2.1 Risk Management
6.2.2 Customer Management
6.2.3 Resource Management
6.2.4 Coporate Governance
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IT Spending by Investment Banks 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 IT Spending by Investment Banks 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 IT Spending by Investment Banks Analysis and Forecast
9.1 Introduction
9.2 North America IT Spending by Investment Banks 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 IT Spending by Investment Banks Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Services
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 IT Spending by Investment Banks Market Size Forecast by Applications
9.10.1 Risk Management
9.10.2 Customer Management
9.10.3 Resource Management
9.10.4 Coporate Governance
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 IT Spending by Investment Banks Analysis and Forecast
10.1 Introduction
10.2 Europe IT Spending by Investment Banks 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 IT Spending by Investment Banks Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Services
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 IT Spending by Investment Banks Market Size Forecast by Applications
10.10.1 Risk Management
10.10.2 Customer Management
10.10.3 Resource Management
10.10.4 Coporate Governance
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 IT Spending by Investment Banks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IT Spending by Investment Banks 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 IT Spending by Investment Banks Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Services
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 IT Spending by Investment Banks Market Size Forecast by Applications
11.10.1 Risk Management
11.10.2 Customer Management
11.10.3 Resource Management
11.10.4 Coporate Governance
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 IT Spending by Investment Banks Analysis and Forecast
12.1 Introduction
12.2 Latin America IT Spending by Investment Banks 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 IT Spending by Investment Banks Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Services
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 IT Spending by Investment Banks Market Size Forecast by Applications
12.10.1 Risk Management
12.10.2 Customer Management
12.10.3 Resource Management
12.10.4 Coporate Governance
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) IT Spending by Investment Banks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IT Spending by Investment Banks 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) IT Spending by Investment Banks Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Services
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) IT Spending by Investment Banks Market Size Forecast by Applications
13.10.1 Risk Management
13.10.2 Customer Management
13.10.3 Resource Management
13.10.4 Coporate Governance
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 IT Spending by Investment Banks Market: Competitive Dashboard
14.2 Global IT Spending by Investment Banks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Accenture
14.3.2 Cognizant
14.3.3 Infosys
14.3.4 TCS
14.3.5 Aegis
14.3.6 BCS Financial Group
14.3.7 Capco
14.3.8 Capgemini
14.3.9 Datatec
14.3.10 Dion
14.3.11 EMC
14.3.12 Genpact
14.3.13 idhasoft
14.3.14 informatica
14.3.15 KKR
14.3.16 Netapp
14.3.17 Oracle
14.3.18 Polaris
14.3.19 SAP
14.3.20 Symantec
14.3.21 TCS
14.3.22 TIBCO Software
14.3.23 T-Systems
14.3.24 Verizon
14.3.25 Wipro
