Press release
Global Banking As A Service Market, Top key players are Tata Consultancy Services Limited, Infosys Limited, Capgemini, Accenture, Deltec, Inc, Misys, Comarch, Temenos Group
Global Banking As A Service Market Research Report 2018Banking as a service Report by Material, Application, and Geography? Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).
The report firstly introduced the Banking as service basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
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Some of the key players operating in this market include Tata Consultancy Services Limited, Infosys Limited, Capgemini, Accenture, Deltec, Inc, Misys, Comarch, Temenos Group
Banking As A Service is used by the banks for connecting an interbank network and to the other software. It is used by the Trading banks and Retail banks to reorganize their operations. Some years ago, the accounting and financial transactions were managed by manual process. As the number of account holders raised, the number of transactions also increased, and which created the need for computerized accounting and that is one of the major drivers of the banking software market.
With the growing use of the internet, the adoption of mobile banking and online banking among the consumers is increasing, which indicates the leaning of people towards the use of smart phones and laptops to perform financial activities and that is expected to boost the market in the near future. Moreover, growing trend of patch management which is used upgrade software or manage patches are estimated to create new opportunities in the market
The regional analysis of Banking As A Service is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. In region such as Asia-Pacific, Middle-East and Africa, rise in usage of passenger vehicles set the growth in Banking As A Service over the forecasted period 2018-2025. Asia-Pacific is estimated to hold a prominent share of the Banking Software market. Developing countries, such as India and China, are significant players boosting the demand for the Banking Software. Europe, North America and the Middle East and Africa are continuously witnessing infrastructural growth which fueling the demand of Banking As A Service over the coming years. Asia Pacific region is contributing towards the growth of global Banking As A Service and anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The report includes six parts, dealing with:
1.) Basic Information;
2.) Asia Banking as a service Market;
3.) North American Banking as a service Market;
4.) European Banking as a service Market;
5.) Market Entry and Investment Feasibility;
6.) Report Conclusion.
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