ICT Media

Banking IT Spending Market in the US 2014-2018

  • TEC150030
  • 75 Pages
  • November 2014
  • ICT Media
About Banking IT Spending in US
In this age of information, business frameworks need new banking capabilities for success. IT has been changing the way banks control and run their business, and participate in the marketplace. IT has remarkably improved the productivity of the Banking sector in the fields of ERM, CRM, ERP, and employee productivity. The Banking sector in US is highly dependent on IT, which helps access, store, and manipulate information with least redundancy and a high degree of accuracy. Therefore, banks in the US are adopting IT at a moderate pace to optimize their business processes and enhance the performance of the sector.
TechNavio's analysts forecast the Banking IT spending in the US market to grow at a CAGR of 5.54 percent over the period 2013-2018.
Covered in this Report
The banking IT spending in the US can be segmented into three divisions: External Banking IT Spending, Hardware, and Third-party Software and Services. This report covers information about the market share of banking IT spending in the US market by products and application.
TechNavio's report, the Banking IT Spending in US Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
Dell
HP
IBM
Microsoft
Other Prominent Vendors

Accenture
ATOS
Capgemini
CGI Group
Cisco System
Cognizant
CSC
EMC
Fujitsu
HCL Technologies
Hitachi
Infosys
Intel
Oracle
Temenos
Unisys


Market Driver
Need to Comply with Changing Regulatory Reforms
For a full, detailed list, view our report
Market Challenge
Issues Pertaining to Data Security
For a full, detailed list, view our report
Market Trend
Adoption of Big Data Analytics
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?
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