Press release
Big Data Analytics in Banking Market Size, Status and Forecast 2018-2025: IBM, Oracle, SAP SE, Microsoft, Amazon AWS, Google
This report focuses on the global Big Data Analytics in Banking status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Big Data Analytics in Banking development in United States, Europe and China.Download PDF Brochure of Big Data Analytics in Banking Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1674858
Big data analytics refers to the strategy of analyzing large volumes of data, or big data.
APAC is expected to have High Adoption Rate Owing to Large Potential. Rapid technological developments in the information technology sector and increasing business operations mark Asia-Pacific (APAC) as the most important market for Big Data in banking during the forecast period. The biggest contributors to this market are China and India that account for most of the revenue in the APAC region. Many organizations in the APAC region are increasingly depending on digital systems to realize their goals. Several vendors, such as SAP and IBM provide wide -range of Big Data analytics services to banks in the region. Some of the core capabilities of these services include real-time monitoring, big cloud services, and other customized dashboards for easier retrieval of data, to ease the workflows. These tools enable organizations for on-the-resource planning and offer modified plans to aid decision-making.
Customer Analytics is expected to be One of the Prime Software Application. A number of categories, such as defecting customers, loyal customers etc. can be identified through big data analytics and the required reward for each category can be decided. Through such applications, the retention of customers is possible, and the detection of disloyal customers helps the company to reduce the focus on such customers. The buying habits of customers can also be identified, and the sales for each customer can be customized. This customization results in the high response rate for customers and better customer experienced.
In 2017, the global Big Data Analytics in Banking market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
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The key players covered in this study
- IBM
- Oracle
- SAP SE
- Microsoft
- HP
- Amazon AWS
- Hitachi Data Systems
- Tableau
- New Relic
- Alation
- Teradata
- VMware
- Splice Machine
- Splunk Enterprise
- Alteryx
The study objectives of this report are:
- To analyze global Big Data Analytics in Banking status, future forecast, growth opportunity, key market and key players.
- To present the Big Data Analytics in Banking development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
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List of Tables and Figures:
Table Big Data Analytics in Banking Key Market Segments
Table Key Players Big Data Analytics in Banking Covered
Table Global Big Data Analytics in Banking Market Size Growth Rate by Type 2013-2025 (Million US$)
Figure Global Big Data Analytics in Banking Market Size Market Share by Type 2013-2025
Figure On-Premise Figures
Table Key Players of On-Premise
Figure Cloud Figures
Table Key Players of Cloud
Table Global Big Data Analytics in Banking Market Size Growth by Application 2013-2025 (Million US$)
Figure Feedback Management Case Studies
Figure Customer Analytics Case Studies
Figure Social Media Analytics Case Studies
Figure Fraud Detection and Management Case Studies
Figure Others Case Studies
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