IT spending occupies a major share in the total IT spending by banks worldwide. Apart from spending on core hardware, software, and services, retail banks spend on a number of emerging technologies such as core banking, analytical technologies, Internal operations, online banking, mobile banking, and channel management. Innovation In banking technologies has transformed how a customer interacts with a bank today.
The evolution of technology has not only enhanced customer experience and satisfaction levels but also made banks omnipresent virtually. For instance, with a click of a cellophane, a customer can complete a banking transaction.
Intense competition among banks is increasing day by day and therefore banks are under tremendous pressure to differentiate in terms of products and services. Thus, banks are embracing cutting-edge technologies to build strong relationships with their clients and also to control their expenditure.
Covered In this Report This report covers the present scenario and the growth prospects of the Global Retail Banking IT Spending market for the period 2014-2018.
To calculate the market size, the report considers revenue generated from hardware, software, and IT services. It also presents the vendor landscape and a corresponding detailed analysis of the top four vendors In the Global Retail Banking IT Spending market. In addition, the report discusses the major drivers that influence the growth of the Global Retail Banking IT
Spending market. View our full TCO here Key Regions North America Western Europe OPAC South and Central America Central and Eastern Europe Africa Middle East Key Vendors Dell Inc.
Hewlett-Packard Co. (HP) Microsoft Corp.. Other Prominent Vendors Accentuate Capering Cisco Systems Informs Fajitas Intel Oracle Dratted Unions Key Market Driver Increased Expenditure on Bal Technologies For a full, detailed list, view our report. Key Market Challenge Ability to Adopt New Technologies in Less Time Key Market Trend
Need to Integrate Multiple Channels 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? For more insights, view our Global Retail Banking IT Spending Market 2014-2018 report.
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