Press release
Global Private and Public Cloud Market Become Dominant At CAGR Of 13.12% By 2020
About Private and Public Cloud Market
Financial services are the services offered by the financial sector to help credit companies, insurance companies, account companies, banks, investment fund firms, and finance firms to manage capital. The financial services industry is shifting toward the adoption of cloud for business operations to avoid IT infrastructure costs and operational expenditure. Cloud improves performance, increases efficiency, and ensures the security of business operations and business data. There are many vendors offering cloud-based solutions to financial services based on their business requirements. Both private and public cloud solutions are used in the financial services industry. Private cloud solutions are used more often by financial institutions as they offer better security of financial data, flexibility when expanding their operations, and customization based on business requirements.
Technavios analysts forecast the global private and public cloud market in financial services industry to grow at a CAGR of 13.12% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global private and public cloud market in financial services industry for 2016-2020. To calculate the market size, the report considers the revenue generated from solutions and the fee charged for subscription of the public and private cloud for financial services.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Private and Public Cloud Market in Financial Services Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AWS
CSC
Eze Castle Integration
Fujitsu
IBM
Jack Henry & Associates
Microsoft
Oracle
Rackspace
Red Hat
Salesforce.com
Vmware
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Other prominent vendors
Accenture
Alibaba Group Holding
Box
EMC
Fiserv
HPE
Huawei Technologies
Infosys
SAP
Market driver
Growing demand for virtually unlimited storage and big data
For a full, detailed list, view our report
Market challenge
Data security and privacy
For a full, detailed list, view our report
Market trend
Development of OpenStack
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 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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Table Of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market segmentation
Vendors
Review period
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market description
Services offered by financial companies
Types of financial services
Steps of cloud implementation in financial services organizations
Cloud adoption in financial services industry
Advantages of cloud adoption in financial services industry
PART 06: Market landscape
Market overview
Market size and forecast
Global private cloud market in financial services industry
Global public cloud market in financial services industry
PART 07: Market segmentation by service type
Global private and public cloud market in financial services industry by service type
PART 08: Geographical segmentation
Geographical segmentation of global private and public cloud market in financial services industry
Americas
EMEA
APAC
PART 09: Buying criteria
Buying criteria
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