DUBLIN, December 8, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/vljq96/global_retail) has announced the addition of the "Global Retail Banking IT Spending Market 2015-2019" report to their offering.
Due to the increasing demand for real-time solutions among customers, many retail banks are focusing on moving to agile and event-driven architectures. Mobile technology and social media are providing a cumulative number of sources for real-time data that can be leveraged by banks firms to gain a competitive advantage in the market.
According to the report, BI software is gaining prominence in the retail banking industry to turn raw data into useful information. Many mid- and low-tier retail banks worldwide have shifted to the usage of BI software while large banks have devoted considerable funding to BI software. It helps banks to gain insights into customer behavior and determine purchasing power. It also supports functions such as reporting, analytics, and data management.
Further, the report states that to adopt various technologies and enhance IT infrastructure requires huge amounts of investments. Hence, cost factor is one of the major challenges for this market.
Key questions answered in this report:
- What will the market size be in 2019 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?
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market segmentation by technology
PART 08: Market segmentation by geography
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
Other Prominent Vendors:
- CGI Group
- Cisco Systems
- HCL Technologies
- iGATE Global Solutions
- JP Morgan
- Polaris Software Lab
- Ramco Systems
- Wipro Technologies
- WNS Global Services
For more information visit http://www.researchandmarkets.com/research/vljq96/global_retail
About Research and Markets:
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Laura Wood ,
SOURCE Research and Markets