Press release
Big Data IT Spending in Financial Market 2025: Key Player Global Analysis of Capgemini, IBM, Oracle, SAP, SAS Institute
The financial services are among the most data-driven industries. Financial services institutions operate within regulatory environments that require firms to store and analyze several years of transactional data. For making the most from the businesses, financial services relies on relational technologies coupled with business intelligence tools to handle the ever increasing data and analytics burden. In today's world of information, the financial service industry is witnessing a disruptive change in the way do businesses worldwide. Regulatory reforms majorly drive this change.
Many financial services currently focus on improving their traditional data infrastructure as they have been addressing issues such as customer data management, risk, workforce mobility, and multichannel effectiveness. These daily problems led financial organization to deploy big data as a long-term strategy. By the end of 2014, big data has turned out to be the fastest growing technology adopted by the financial institutions over the past five years.
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In 2018, the global Big Data IT Spending in Financial 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 2019-2025.
This report focuses on the global Big Data IT Spending in Financial status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Big Data IT Spending in Financial development in United States, Europe and China.
The key players covered in this study
Capgemini
IBM
Oracle
SAP
SAS Institute
Market segment by Type, the product can be split into
Hardware
Software
IT Services
Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/global-big-data-it-spending-in-financial-market-size-status-and-forecast-2019-2025-report.html/toc
Market segment by Application, split into
Data Visualization
Sales Intelligence Software
Contract Analysis
Predictive Analytics Services
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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