Finance Cloud Market is Valued at 12.22 Billion US$ in 2017 and will reach 43.93 Billion US$ by the end of 2023, CAGR of 23.77% | AWS, Beeks Financial Cloud, Capgemini, Google, Huawei Technologies, IBM, Microsoft, Oracle, Salesforce.com

Marketprognosis.com Publish a New Market Research Report On “Global Finance Cloud Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Finance Cloud Market:

The Global Finance Cloud Market was valued at USD 12.22 Billion in 2017 and is expected to reach a value of USD 43.93 Billion by 2023 at a CAGR of 23.77% over the forecast period of 2018 - 2023.

Increasing deployment of applications via cloud, the surging need for customer management, business agility, and efficiency, are expected to drive the global finance cloud market. Owing to the increasing critical cloud data, confidentiality, compliance and legal issues, cloud-based security solutions are gaining huge demand in the financial sector. The adoption in the market is likely to grow over the forecast period, owing to reduction in capital expenditure (CAPEX) and operational expenditure (OPEX).

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Increasing Need for Customer Management Applications; Benefits, such as, improved productivity, lowered costs, and advanced data analytics provided by customer management applications, are having a significant impact on the adoption of finance cloud. The banking services and financial and insurance companies are opting for the application to quickly address customer queries and concerns, keeping in mind the long-term benefits and achieving a competitive advantage. The major providers of customer management application in finance cloud are Amazon Web Services (AWS), Oracle, Computer Sciences Corporation (CSC), SAP, Google, IBM, Microsoft Corporation, and Salesforce.com.

Professional Services to Dominate the Market; Worldwide, the focus on various organizations on offering specialized services to achieve a greater customer experience and obtaining operational efficiency at a reduced cost and time, are driving the demand for professional cloud services. The professional cloud services segment is growing at an exponential rate, since most of the players are focusing on providing specialized services for the market. Rapid increasing demand for customer satisfaction with better and faster support and its reliable and efficient integration, are some of the other drivers that have an impact on the professional services segment.

North America Leading the Finance Cloud Market; North America is anticipated to hold the largest market share as it dominated the finance cloud market in 2016, owing to the greater internet penetration rate and a strong economy that shifted isolated infrastructure to cloud in the region. Reduce CapEx spending, low IT management complexity, improved agility, and security, are some of the major driving factors that are contributing to the growth of cloud computing in North America.

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Major Key Players:

1 Amazon Web Services

2 Beeks Financial Cloud

3 Capgemini SE

4 Computer Sciences Corporation

5 Google, Inc.

6 Huawei Technologies Co., Ltd

7 IBM Corporation

8 Microsoft Corporation

9 Oracle Corporation

10 Salesforce.com, Inc. and More……………

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Finance Cloud Market.

Table of Contents:

1 Introduction

2 Executive Summary

3 Finance Cloud Market Overview

4 Finance Cloud Market Dynamics

5 Finance Cloud Market Segmentation

6 Vendor Market Share

7 Company Profiles

8 Investment Analysis

9 Future of the Market

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