|07-28-2017 01:08 PM CET - IT, New Media & Software||
The Finance Cloud Market shows signs of renewed vigor in economies worldwide
Press release from: Big-Research
Big Market Research added a report on “Global Finance Cloud Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”
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Cloud technology market among banks and other financial institutes have created huge amount of marketing hype since its early stages. Financial sector is majorly adopting cloud owing to its cheap costs, high requirement for data storage, and easy availability of cloud in the market. Further, with the rise in online transactions of banking activities, global digitization, and customer satisfaction have fueled the growth of finance cloud during recent years. However, adoption of cloud-based services in financial sector is partial as these institutes require high data security, authenticity, and complete control over the data, which is not completely offered by cloud computing.
Based on type, the finance cloud market is segmented into solution and service. Service segment is further bifurcated into professional and managed service. As per deployment model the market is segmented into public cloud, private cloud, and hybrid cloud. By application finance cloud market is divided into revenue management, account management, customer management, and others. According to organizational size, the market is categorized into small, medium and large. The market is further analyzed across four geographic regions including North America, Europe, Asia-Pacific, and LAMEA.
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Increased data traffic
Various technological advancements and easy deployment and access
Concerns over privacy and security
The top players in the global in-building wireless market include Alcatel-Lucent S.A., Commscope Inc, Telecommunication Systems Inc, Corning Incorporated, AT&T Inc., Ericsson, Smiths Group PLC, Cobham PLC, TE Connectivity Ltd, Verizon Communications Inc., Betacom Incorporated, Lemko Corporation, Lord & Company Technologies, Anixter Inc, and Oberon Inc.
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o System Components
By End Users
By Building Size
o Large and medium
• North America
o Rest Of Europe
o South Korea
o Saudi Arabia
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