openPR Logo
Press release

Big Data Analytics in Banking Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

06-27-2024 12:17 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Big Data Analytics in Banking Market Size, Trends, Latest

The global big data analytics in banking market is anticipated to grow at a CAGR of 28.5% during the forecast period. The increase in the cloud deployment and maintenance of huge records of transactions is propelling the growth of big data analytics in banking market. Thousands of data are recoded by banks in the form of transactions. Big data analytics provide a platform for the easy record of these transactions. In addition to this, big data analytics enables the banks to understand the customer behavior and preferences based on the inputs received from various insights that include investment patterns, shopping trends, motivation to invest, and personal or financial background. Furthermore, it also helps in the detection of fraud. For instance, in February 2020 Oracle's Financial Crime and Compliance Management (FCCM) suite of products added an integrated analytics workbench, 300-plus customer risk indicators, and embedded graph analytics visualizations. These were built to help financial institutions fight money laundering and achieve compliance.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/big-data-analytics-in-banking-market

The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including acquisition, technological advancement, and product innovation, to remain competitive in the marketplace. For instance, in February 2020 - The Central Bank of Libya in Tripoli has upgraded its current FLEXCUBE solution that is offered by Oracle Corporation. FLEXCUBE supports the banks to meet customers' evolving expectations for more digital, responsive, and connected experiences. In addition to this, the integrated solution also helps the banking staff with critical insights and helps to improve operations.

Global Big Data Analytics in Banking Market Report Segment

By Deployment Type

• On-Premise
• Cloud

By Application

• Fraud Detection and Management
• Customer Relationship Management
• Feedback Management
• Risk Management
• Others

A full report of Big Data Analytics in Banking Market available @ https://www.omrglobal.com/industry-reports/big-data-analytics-in-banking-market

Big Data Analytics in Banking Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Adobe Systems,Inc.
• Alteryx, Inc.
• Amazon.com, Inc.
• Aspire Systems,Inc.
• BigPanda, Inc.
• Fractal Analytics Inc.
• Gainsight, Inc.
• Google, LLC
• Hitachi Solutions, Ltd.
• IBM Corp.
• Microsoft Corp.

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Big Data Analytics in Banking Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031 here

News-ID: 3556414 • Views:

More Releases from Orion Market Research

Terahertz Technology Market Set to Witness Significant Growth by 2032 | TOPTICA Photonics AG, Advantest Corporation, Batop GmbH
Terahertz Technology Market Set to Witness Significant Growth by 2032 | TOPTICA …
The Terahertz Technology Market was valued at approximately USD 1.09 billion in 2024 and is projected to reach USD 4.08 billion by 2032, reflecting a compound annual growth rate (CAGR) of 18.1% from 2025 to 2032. Terahertz Technology Market Overview Terahertz (THz) technology operates in the electromagnetic spectrum between microwave and infrared waves, encompassing frequencies from 0.1 to 10 THz. This technology is gaining prominence due to its non-ionizing radiation, enabling
Specialty Tapes Market Set to Witness Significant Growth by 2032 | Avery Dennison Corporation, Scapa Group Plc, Intertape Polymer Group
Specialty Tapes Market Set to Witness Significant Growth by 2032 | Avery Denniso …
The global Specialty Tapes Market was valued at approximately USD 55.39 billion in 2023 and is projected to reach USD 96.3 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.3% from 2024 to 2032. Specialty Tapes Market Overview The Specialty Tapes Market encompasses a diverse range of adhesive products tailored for specific applications across various industries. These tapes are characterized by their unique properties, such as high temperature
Safety Helmets Market Set to Witness Significant Growth by 2033 | MSA Safety, Uvex Safety Group, Delta Plus Group, Bullard, Schuberth GmbH
Safety Helmets Market Set to Witness Significant Growth by 2033 | MSA Safety, Uv …
The global Safety Helmets Market was valued at approximately USD 5.01 billion in 2024, and it is expected to reach around USD 9.76 billion by 2033, growing at a *compound annual growth rate (CAGR) of about 7.7% from 2025 to 2033. Safety Helmets Market Overview The Safety Helmets Market is gaining momentum as industries like construction, manufacturing, mining, and infrastructure increasingly emphasize worker safety and regulatory compliance. Safety helmets-designed to protect against
Sales Performance Management Market Gaining Momentum by 2033 | Xactly Corporation, Anaplan Inc., IBM Corporation, Varicent Software Inc.
Sales Performance Management Market Gaining Momentum by 2033 | Xactly Corporatio …
The global Sales Performance Management market was valued at approximately USD 5.62 billion in 2024 and is projected to grow to about USD 18.22 billion by 2033, with a compound annual growth rate (CAGR) of approximately 13.27% between 2025 and 2033. Sales Performance Management Market Overview Sales Performance Management integrates tools and processes designed to boost sales productivity, optimize incentive structures, and align field sales efforts with business goals. Today's market is

All 5 Releases


More Releases for Big

Big Data and Data Engineering Services Market Development Study: Big changes wil …
Advance Market Analytics published a new research publication on "Big Data and Data Engineering Services Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Big Data and Data Engineering Services market was mainly driven by the increasing R&D spending across
Nuclear Medicine Market - Big Changes to Have Big Growth
An extensive elaboration of the Nuclear Medicine Market strategy of the industry players in the precision of import/export consumption, supply and demand (2022-2027). The Nuclear Medicine explores a comprehensive study on various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. Some of the
Sublimated Sportswear Market | Big Change and Big Impact
Sublimated Sportswear Market Outlook - 2028 Sublimated sportswear is printed clothing that is worn by the athlete. Tracksuits, shorts, t-shirts, skirts and more are the sportswear on which the sublimating dye is used to personalize various kinds of designs and styles. Sublimated sportswear is made through a digital process known as thermal sublimation printing, which uses dispersed ink or dye to create various patterns on the fabric. The sublimation dyes are
Autonomous Buildings Market - Big Changes to Have Big Impact
A new business intelligence report released by HTF MI with title "Covid-19 Impact on Global Autonomous Buildings Market Size, Status and Forecast 2020-2026" is designed covering micro level of analysis by manufacturers and key business segments. The Covid-19 Impact on Global Autonomous Buildings Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources
Cosmetic Surgery Market - Big Changes to Have Big Impact
AMA Research added a comprehensive research document of 200+ pages on 'Cosmetic Surgery' market with detailed insights on growth factors and strategies. The study segments key regions that includes North America, Europe, Asia-Pacific with country level break-up and provide volume* and value related cross segmented information by each country. Some of the important players from a wide list of coverage used under bottom-up approach are Merz Pharma (Germany) Galderma (Switzerland) Valeant Pharmaceuticals
E-pharmacy Market - Big Changes to Have Big Impact
A new independent 150 page research with title 'Global E-pharmacy Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like North America, South Central & Latin America, Europe, Asia-Pacific, Middle East & Africa, Rest of World and important players/vendors such as CVS Health Corporation (United States), Doc Morris (Ireland),