Global IT BFSI Market Analysis, Trends, and Forecasts Report 2019-2025

10/30, 9:39 AM (Source: GlobeNewswire)

Dublin, Oct. 30, 2019 (GLOBE NEWSWIRE) -- The "IT BFSI - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The IT BFSI market worldwide is projected to grow by US$120.4 Billion, driven by a compounded growth of 12.9%

Technology Type, one of the segments analyzed and sized in this study, displays the potential to grow at over 12.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$92.4 Billion by the year 2025, Technology Type will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 13.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$4.8 Billion to the region's size and clout in the next 5 to 6 years. Over US$5.7 Billion worth of projected demand in the region will come from the rest of the European markets. In Japan, Technology Type will reach a market size of US$7.4 Billion by the close of the analysis period.

As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 12.8% over the next couple of years and add approximately US$21.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.

Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • Accenture PLC
  • Adobe Systems, Inc.
  • CA Technologies, Inc.
  • Cognizant Technology Solutions Corporation
  • IBM Corporation
  • Micro Focus International PLC
  • Microsoft Corporation
  • Oracle Corporation
  • Salesforce.com, Inc.
  • SAP SE

Key Topics Covered:

1. Market Overview

2. Focus on Select Players

3. Market Trends & Drivers

4. Global Market Perspective

For more information about this report visit https://www.researchandmarkets.com/r/12b7ji

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