IT in BFSI Market - Global Outlook and Forecast 2022-2028

January 2022 | 69 pages | ID: IFB346D2D1B9EN
Market Monitor Global

Abstracts

Increasing need to enhance customer experience, exploring digital channels to roll out new services at faster pace, and launch of advanced technologies, such as IoT platforms and analytic tools for banking operations, are driving the IT BFSI market.

This report contains market size and forecasts of IT in BFSI in Global, including the following market information:

Global IT in BFSI Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global IT in BFSI market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Cloud Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of IT in BFSI include IBM, MICRO FOCUS, MICROSOFT, Broadcom, ACCENTURE, ADOBE SYSTEMS, SAP, SALESFORCE and ORACLE and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the IT in BFSI companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global IT in BFSI Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global IT in BFSI Market Segment Percentages, by Type, 2021 (%)

• Cloud
• On-Premises

Global IT in BFSI Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global IT in BFSI Market Segment Percentages, by Application, 2021 (%)

• Bank
• Insurance
• Pay Online
• Other

Global IT in BFSI Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global IT in BFSI Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies IT in BFSI revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies IT in BFSI revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• IBM
• MICRO FOCUS
• MICROSOFT
• Broadcom
• ACCENTURE
• ADOBE SYSTEMS
• SAP
• SALESFORCE
• ORACLE
• COGNIZANT

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 IT in BFSI Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global IT in BFSI Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL IT IN BFSI OVERALL MARKET SIZE

2.1 Global IT in BFSI Market Size: 2021 VS 2028
2.2 Global IT in BFSI Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top IT in BFSI Players in Global Market
3.2 Top Global IT in BFSI Companies Ranked by Revenue
3.3 Global IT in BFSI Revenue by Companies
3.4 Top 3 and Top 5 IT in BFSI Companies in Global Market, by Revenue in 2021
3.5 Global Companies IT in BFSI Product Type
3.6 Tier 1, Tier 2 and Tier 3 IT in BFSI Players in Global Market
  3.6.1 List of Global Tier 1 IT in BFSI Companies
  3.6.2 List of Global Tier 2 and Tier 3 IT in BFSI Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global IT in BFSI Market Size Markets, 2021 & 2028
  4.1.2 Cloud
  4.1.3 On-Premises
4.2 By Type - Global IT in BFSI Revenue & Forecasts
  4.2.1 By Type - Global IT in BFSI Revenue, 2017-2022
  4.2.2 By Type - Global IT in BFSI Revenue, 2023-2028
  4.2.3 By Type - Global IT in BFSI Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global IT in BFSI Market Size, 2021 & 2028
  5.1.2 Bank
  5.1.3 Insurance
  5.1.4 Pay Online
  5.1.5 Other
5.2 By Application - Global IT in BFSI Revenue & Forecasts
  5.2.1 By Application - Global IT in BFSI Revenue, 2017-2022
  5.2.2 By Application - Global IT in BFSI Revenue, 2023-2028
  5.2.3 By Application - Global IT in BFSI Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global IT in BFSI Market Size, 2021 & 2028
6.2 By Region - Global IT in BFSI Revenue & Forecasts
  6.2.1 By Region - Global IT in BFSI Revenue, 2017-2022
  6.2.2 By Region - Global IT in BFSI Revenue, 2023-2028
  6.2.3 By Region - Global IT in BFSI Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America IT in BFSI Revenue, 2017-2028
  6.3.2 US IT in BFSI Market Size, 2017-2028
  6.3.3 Canada IT in BFSI Market Size, 2017-2028
  6.3.4 Mexico IT in BFSI Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe IT in BFSI Revenue, 2017-2028
  6.4.2 Germany IT in BFSI Market Size, 2017-2028
  6.4.3 France IT in BFSI Market Size, 2017-2028
  6.4.4 U.K. IT in BFSI Market Size, 2017-2028
  6.4.5 Italy IT in BFSI Market Size, 2017-2028
  6.4.6 Russia IT in BFSI Market Size, 2017-2028
  6.4.7 Nordic Countries IT in BFSI Market Size, 2017-2028
  6.4.8 Benelux IT in BFSI Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia IT in BFSI Revenue, 2017-2028
  6.5.2 China IT in BFSI Market Size, 2017-2028
  6.5.3 Japan IT in BFSI Market Size, 2017-2028
  6.5.4 South Korea IT in BFSI Market Size, 2017-2028
  6.5.5 Southeast Asia IT in BFSI Market Size, 2017-2028
  6.5.6 India IT in BFSI Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America IT in BFSI Revenue, 2017-2028
  6.6.2 Brazil IT in BFSI Market Size, 2017-2028
  6.6.3 Argentina IT in BFSI Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa IT in BFSI Revenue, 2017-2028
  6.7.2 Turkey IT in BFSI Market Size, 2017-2028
  6.7.3 Israel IT in BFSI Market Size, 2017-2028
  6.7.4 Saudi Arabia IT in BFSI Market Size, 2017-2028
  6.7.5 UAE IT in BFSI Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 IBM
  7.1.1 IBM Corporate Summary
  7.1.2 IBM Business Overview
  7.1.3 IBM IT in BFSI Major Product Offerings
  7.1.4 IBM IT in BFSI Revenue in Global Market (2017-2022)
  7.1.5 IBM Key News
7.2 MICRO FOCUS
  7.2.1 MICRO FOCUS Corporate Summary
  7.2.2 MICRO FOCUS Business Overview
  7.2.3 MICRO FOCUS IT in BFSI Major Product Offerings
  7.2.4 MICRO FOCUS IT in BFSI Revenue in Global Market (2017-2022)
  7.2.5 MICRO FOCUS Key News
7.3 MICROSOFT
  7.3.1 MICROSOFT Corporate Summary
  7.3.2 MICROSOFT Business Overview
  7.3.3 MICROSOFT IT in BFSI Major Product Offerings
  7.3.4 MICROSOFT IT in BFSI Revenue in Global Market (2017-2022)
  7.3.5 MICROSOFT Key News
7.4 Broadcom
  7.4.1 Broadcom Corporate Summary
  7.4.2 Broadcom Business Overview
  7.4.3 Broadcom IT in BFSI Major Product Offerings
  7.4.4 Broadcom IT in BFSI Revenue in Global Market (2017-2022)
  7.4.5 Broadcom Key News
7.5 ACCENTURE
  7.5.1 ACCENTURE Corporate Summary
  7.5.2 ACCENTURE Business Overview
  7.5.3 ACCENTURE IT in BFSI Major Product Offerings
  7.5.4 ACCENTURE IT in BFSI Revenue in Global Market (2017-2022)
  7.5.5 ACCENTURE Key News
7.6 ADOBE SYSTEMS
  7.6.1 ADOBE SYSTEMS Corporate Summary
  7.6.2 ADOBE SYSTEMS Business Overview
  7.6.3 ADOBE SYSTEMS IT in BFSI Major Product Offerings
  7.6.4 ADOBE SYSTEMS IT in BFSI Revenue in Global Market (2017-2022)
  7.6.5 ADOBE SYSTEMS Key News
7.7 SAP
  7.7.1 SAP Corporate Summary
  7.7.2 SAP Business Overview
  7.7.3 SAP IT in BFSI Major Product Offerings
  7.7.4 SAP IT in BFSI Revenue in Global Market (2017-2022)
  7.7.5 SAP Key News
7.8 SALESFORCE
  7.8.1 SALESFORCE Corporate Summary
  7.8.2 SALESFORCE Business Overview
  7.8.3 SALESFORCE IT in BFSI Major Product Offerings
  7.8.4 SALESFORCE IT in BFSI Revenue in Global Market (2017-2022)
  7.8.5 SALESFORCE Key News
7.9 ORACLE
  7.9.1 ORACLE Corporate Summary
  7.9.2 ORACLE Business Overview
  7.9.3 ORACLE IT in BFSI Major Product Offerings
  7.9.4 ORACLE IT in BFSI Revenue in Global Market (2017-2022)
  7.9.5 ORACLE Key News
7.10 COGNIZANT
  7.10.1 COGNIZANT Corporate Summary
  7.10.2 COGNIZANT Business Overview
  7.10.3 COGNIZANT IT in BFSI Major Product Offerings
  7.10.4 COGNIZANT IT in BFSI Revenue in Global Market (2017-2022)
  7.10.5 COGNIZANT Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. IT in BFSI Market Opportunities & Trends in Global Market
Table 2. IT in BFSI Market Drivers in Global Market
Table 3. IT in BFSI Market Restraints in Global Market
Table 4. Key Players of IT in BFSI in Global Market
Table 5. Top IT in BFSI Players in Global Market, Ranking by Revenue (2021)
Table 6. Global IT in BFSI Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global IT in BFSI Revenue Share by Companies, 2017-2022
Table 8. Global Companies IT in BFSI Product Type
Table 9. List of Global Tier 1 IT in BFSI Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 IT in BFSI Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global IT in BFSI Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - IT in BFSI Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - IT in BFSI Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global IT in BFSI Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - IT in BFSI Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - IT in BFSI Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global IT in BFSI Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global IT in BFSI Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global IT in BFSI Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America IT in BFSI Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America IT in BFSI Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe IT in BFSI Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe IT in BFSI Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia IT in BFSI Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia IT in BFSI Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America IT in BFSI Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America IT in BFSI Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa IT in BFSI Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa IT in BFSI Revenue, (US$, Mn), 2023-2028
Table 30. IBM Corporate Summary
Table 31. IBM IT in BFSI Product Offerings
Table 32. IBM IT in BFSI Revenue (US$, Mn), (2017-2022)
Table 33. MICRO FOCUS Corporate Summary
Table 34. MICRO FOCUS IT in BFSI Product Offerings
Table 35. MICRO FOCUS IT in BFSI Revenue (US$, Mn), (2017-2022)
Table 36. MICROSOFT Corporate Summary
Table 37. MICROSOFT IT in BFSI Product Offerings
Table 38. MICROSOFT IT in BFSI Revenue (US$, Mn), (2017-2022)
Table 39. Broadcom Corporate Summary
Table 40. Broadcom IT in BFSI Product Offerings
Table 41. Broadcom IT in BFSI Revenue (US$, Mn), (2017-2022)
Table 42. ACCENTURE Corporate Summary
Table 43. ACCENTURE IT in BFSI Product Offerings
Table 44. ACCENTURE IT in BFSI Revenue (US$, Mn), (2017-2022)
Table 45. ADOBE SYSTEMS Corporate Summary
Table 46. ADOBE SYSTEMS IT in BFSI Product Offerings
Table 47. ADOBE SYSTEMS IT in BFSI Revenue (US$, Mn), (2017-2022)
Table 48. SAP Corporate Summary
Table 49. SAP IT in BFSI Product Offerings
Table 50. SAP IT in BFSI Revenue (US$, Mn), (2017-2022)
Table 51. SALESFORCE Corporate Summary
Table 52. SALESFORCE IT in BFSI Product Offerings
Table 53. SALESFORCE IT in BFSI Revenue (US$, Mn), (2017-2022)
Table 54. ORACLE Corporate Summary
Table 55. ORACLE IT in BFSI Product Offerings
Table 56. ORACLE IT in BFSI Revenue (US$, Mn), (2017-2022)
Table 57. COGNIZANT Corporate Summary
Table 58. COGNIZANT IT in BFSI Product Offerings
Table 59. COGNIZANT IT in BFSI Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. IT in BFSI Segment by Type in 2021
Figure 2. IT in BFSI Segment by Application in 2021
Figure 3. Global IT in BFSI Market Overview: 2020
Figure 4. Key Caveats
Figure 5. Global IT in BFSI Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global IT in BFSI Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by IT in BFSI Revenue in 2021
Figure 8. By Type - Global IT in BFSI Revenue Market Share, 2017-2028
Figure 9. By Application - Global IT in BFSI Revenue Market Share, 2017-2028
Figure 10. By Region - Global IT in BFSI Revenue Market Share, 2017-2028
Figure 11. By Country - North America IT in BFSI Revenue Market Share, 2017-2028
Figure 12. US IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 13. Canada IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe IT in BFSI Revenue Market Share, 2017-2028
Figure 16. Germany IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 17. France IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 19. Italy IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 20. Russia IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia IT in BFSI Revenue Market Share, 2017-2028
Figure 24. China IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 25. Japan IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 28. India IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America IT in BFSI Revenue Market Share, 2017-2028
Figure 30. Brazil IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa IT in BFSI Revenue Market Share, 2017-2028
Figure 33. Turkey IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 34. Israel IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 36. UAE IT in BFSI Revenue, (US$, Mn), 2017-2028
Figure 37. IBM IT in BFSI Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. MICRO FOCUS IT in BFSI Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. MICROSOFT IT in BFSI Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Broadcom IT in BFSI Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. ACCENTURE IT in BFSI Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. ADOBE SYSTEMS IT in BFSI Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. SAP IT in BFSI Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. SALESFORCE IT in BFSI Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. ORACLE IT in BFSI Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. COGNIZANT IT in BFSI Revenue Year Over Year Growth (US$, Mn) & (2017-2022)