Abstract
Summary
Cloud adapting in banking and financial services involves the on-demand delivery of combined computing services, including data storage, services, data analytics, communication and networking, and applications. In this way, banks can quickly create tailor-made solutions on software infrastructure that regulates day-to-day operations.
Increase in adoption of cloud-based fintech solutions by banks and rising popularity of advanced technologies is boosting the growth of the global cloud computing banking market. in addition, increase in use of digital transformation technology the positively impacts growth of the cloud computing banking market. However, lack of technical proficiency for implementing cloud computing solutions and increasing security concerns is hampering the cloud computing banking market growth. On the contrary, increase in adoption of Artificial Intelligence based banking system is expected to offer remunerative opportunities for expansion of the cloud computing banking market during the forecast period.
The cloud computing banking market is segmented on the basis of service model, deployment mode, application, and region. On the basis of service model, the market is categorized into infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). On the basis of deployment mode, the market is fragmented into public cloud, private cloud, and hybrid cloud. By application, it is classified into fraud detection & prevention, customer relationship management (CRM), human resource management, core banking, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the cloud computing banking market are Amazon Web Services, Microsoft Corporation, IBM Corporation, Google LLC, Oracle Corporation, Salesforce.com Inc., Alibaba Cloud Computing Ltd., VMware, SAP SE, and Dell Technologies. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits for Stakeholders
●The study provides an in-depth analysis of the global cloud computing banking market forecast along with the current and future trends to explain the imminent investment pockets.
●Information about key drivers, restraints, and opportunities and their impact analysis on global cloud computing banking market trend is provided in the report.
●The Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
●The quantitative analysis of the market from 2023 to 2032 is provided to determine the market potential.
Additional benefits you will get with this purchase are:
● Quarterly Update and* (only available with a corporate license, on listed price)
● 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
● Free Upcoming Version on the Purchase of Five and Enterprise User License.
● 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
● 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
● Free data Pack on the Five and Enterprise User License. (Excel version of the report)
● Free Updated report if the report is 6-12 months old or older.
● 24-hour priority response*
● Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
● Product Life Cycles
● Upcoming/New Entrant by Regions
● Go To Market Strategy
● Market share analysis of players by products/segments
● Additional country or region analysis- market size and forecast
● Key player details (including location, contact details, supplier/vendor network etc. in excel format)
● SWOT Analysis
● Volume Market Size and Forecast
Key Market Segments
By Service Model
● Infrastructure as a service (IaaS)
● Platform as a service (PaaS)
● Software as a service (SaaS)
By Deployment Mode
● Public Cloud
● Private Cloud
● Hybrid Cloud
By Application
● Fraud Detection and Prevention
● Customer Relationship Management (CRM)
● Human Resource Management
● Core Banking
● Others
By Region
● North America
○ U.S.
○ Canada
● Europe
○ UK
○ Germany
○ France
○ Italy
○ Spain
○ Rest of Europe
● Asia-Pacific
○ China
○ Japan
○ India
○ Australia
○ South Korea
○ Rest of Asia-Pacific
● LAMEA
○ Latin America
○ Middle East
○ Africa
● Key Market Players
○ Google LLC
○ Salesforce.com Inc.
○ IBM Corporation
○ SAP SE
○ VMware
○ Amazon Web Services
○ Alibaba Cloud Computing Ltd.
○ Microsoft Corporation
○ Oracle Corporation
○ Dell Technologies
Table of Contents
1 INTRODUCTION
1.1 Report description
1.2 Key market segments
1.3 Key benefits to the stakeholders
1.4 Research methodology
1.4.1 Primary research
1.4.2 Secondary research
1.4.3 Analyst tools and models
2 EXECUTIVE SUMMARY
2.1 CXO Perspective
3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.3 Porter’s five forces analysis
3.3.1 Low bargaining power of suppliers
3.3.2 Low threat of new entrants
3.3.3 Low threat of substitutes
3.3.4 Low intensity of rivalry
3.3.5 Low bargaining power of buyers
3.4 Market dynamics
3.4.1 Drivers
- 3.4.1.1 Increase in adoption of cloud-based fintech solutions by banks
- 3.4.1.2 Rising popularity of advanced technologies
- 3.4.1.3 Increase in use of digital transformation technology
3.4.2 Restraints
- 3.4.2.1 Lack of technical proficiency for implementing cloud computing solutions
- 3.4.2.2 Increasing security concerns
3.4.3 Opportunities
- 3.4.3.1 Integration of specialized computing solution
4 CLOUD COMPUTING BANKING MARKET, BY SERVICE MODEL
4.1 Overview
4.1.1 Market size and forecast
4.2 Infrastructure as a service (IaaS)
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Platform as a service (PaaS)
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Software as a service (SaaS)
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
5 CLOUD COMPUTING BANKING MARKET, BY DEPLOYMENT MODE
5.1 Overview
5.1.1 Market size and forecast
5.2 Public Cloud
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Private Cloud
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Hybrid Cloud
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
6 CLOUD COMPUTING BANKING MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Fraud Detection and Prevention
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Customer Relationship Management (CRM)
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Human Resource Management
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5 Core Banking
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country
6.6 Others
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market share analysis by country
7 CLOUD COMPUTING BANKING MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast By Region
7.2 North America
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by Service Model
7.2.3 Market size and forecast, by Deployment Mode
7.2.4 Market size and forecast, by Application
7.2.5 Market size and forecast, by country
- 7.2.5.1 U.S
- 7.2.5.1.1 Market size and forecast, by Service Model
- 7.2.5.1.2 Market size and forecast, by Deployment Mode
- 7.2.5.1.3 Market size and forecast, by Application
- 7.2.5.2 Canada
- 7.2.5.2.1 Market size and forecast, by Service Model
- 7.2.5.2.2 Market size and forecast, by Deployment Mode
- 7.2.5.2.3 Market size and forecast, by Application
- 7.2.5.1 U.S
7.3 Europe
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by Service Model
7.3.3 Market size and forecast, by Deployment Mode
7.3.4 Market size and forecast, by Application
7.3.5 Market size and forecast, by country
- 7.3.5.1 UK
- 7.3.5.1.1 Market size and forecast, by Service Model
- 7.3.5.1.2 Market size and forecast, by Deployment Mode
- 7.3.5.1.3 Market size and forecast, by Application
- 7.3.5.2 Germany
- 7.3.5.2.1 Market size and forecast, by Service Model
- 7.3.5.2.2 Market size and forecast, by Deployment Mode
- 7.3.5.2.3 Market size and forecast, by Application
- 7.3.5.3 France
- 7.3.5.3.1 Market size and forecast, by Service Model
- 7.3.5.3.2 Market size and forecast, by Deployment Mode
- 7.3.5.3.3 Market size and forecast, by Application
- 7.3.5.4 Italy
- 7.3.5.4.1 Market size and forecast, by Service Model
- 7.3.5.4.2 Market size and forecast, by Deployment Mode
- 7.3.5.4.3 Market size and forecast, by Application
- 7.3.5.5 Spain
- 7.3.5.5.1 Market size and forecast, by Service Model
- 7.3.5.5.2 Market size and forecast, by Deployment Mode
- 7.3.5.5.3 Market size and forecast, by Application
- 7.3.5.6 Rest of Europe
- 7.3.5.6.1 Market size and forecast, by Service Model
- 7.3.5.6.2 Market size and forecast, by Deployment Mode
- 7.3.5.6.3 Market size and forecast, by Application
- 7.3.5.1 UK
7.4 Asia-Pacific
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by Service Model
7.4.3 Market size and forecast, by Deployment Mode
7.4.4 Market size and forecast, by Application
7.4.5 Market size and forecast, by country
- 7.4.5.1 China
- 7.4.5.1.1 Market size and forecast, by Service Model
- 7.4.5.1.2 Market size and forecast, by Deployment Mode
- 7.4.5.1.3 Market size and forecast, by Application
- 7.4.5.2 Japan
- 7.4.5.2.1 Market size and forecast, by Service Model
- 7.4.5.2.2 Market size and forecast, by Deployment Mode
- 7.4.5.2.3 Market size and forecast, by Application
- 7.4.5.3 India
- 7.4.5.3.1 Market size and forecast, by Service Model
- 7.4.5.3.2 Market size and forecast, by Deployment Mode
- 7.4.5.3.3 Market size and forecast, by Application
- 7.4.5.4 Australia
- 7.4.5.4.1 Market size and forecast, by Service Model
- 7.4.5.4.2 Market size and forecast, by Deployment Mode
- 7.4.5.4.3 Market size and forecast, by Application
- 7.4.5.5 South Korea
- 7.4.5.5.1 Market size and forecast, by Service Model
- 7.4.5.5.2 Market size and forecast, by Deployment Mode
- 7.4.5.5.3 Market size and forecast, by Application
- 7.4.5.6 Rest of Asia-Pacific
- 7.4.5.6.1 Market size and forecast, by Service Model
- 7.4.5.6.2 Market size and forecast, by Deployment Mode
- 7.4.5.6.3 Market size and forecast, by Application
- 7.4.5.1 China
7.5 LAMEA
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by Service Model
7.5.3 Market size and forecast, by Deployment Mode
7.5.4 Market size and forecast, by Application
7.5.5 Market size and forecast, by country
- 7.5.5.1 Latin America
- 7.5.5.1.1 Market size and forecast, by Service Model
- 7.5.5.1.2 Market size and forecast, by Deployment Mode
- 7.5.5.1.3 Market size and forecast, by Application
- 7.5.5.2 Middle East
- 7.5.5.2.1 Market size and forecast, by Service Model
- 7.5.5.2.2 Market size and forecast, by Deployment Mode
- 7.5.5.2.3 Market size and forecast, by Application
- 7.5.5.3 Africa
- 7.5.5.3.1 Market size and forecast, by Service Model
- 7.5.5.3.2 Market size and forecast, by Deployment Mode
- 7.5.5.3.3 Market size and forecast, by Application
- 7.5.5.1 Latin America
8 COMPETITIVE LANDSCAPE
8.1 Introduction
8.2 Top winning strategies
8.3 Product mapping of top 10 player
8.4 Competitive dashboard
8.5 Competitive heatmap
8.6 Top player positioning, 2022
9 COMPANY PROFILES
9.1 Amazon Web Services
9.1.1 Company overview
9.1.2 Key executives
9.1.3 Company snapshot
9.1.4 Operating business segments
9.1.5 Product portfolio
9.1.6 Business performance
9.1.7 Key strategic moves and developments
9.2 Microsoft Corporation
9.2.1 Company overview
9.2.2 Key executives
9.2.3 Company snapshot
9.2.4 Operating business segments
9.2.5 Product portfolio
9.2.6 Business performance
9.2.7 Key strategic moves and developments
9.3 IBM Corporation
9.3.1 Company overview
9.3.2 Key executives
9.3.3 Company snapshot
9.3.4 Operating business segments
9.3.5 Product portfolio
9.3.6 Business performance
9.3.7 Key strategic moves and developments
9.4 Google LLC
9.4.1 Company overview
9.4.2 Key executives
9.4.3 Company snapshot
9.4.4 Operating business segments
9.4.5 Product portfolio
9.4.6 Business performance
9.4.7 Key strategic moves and developments
9.5 Oracle Corporation
9.5.1 Company overview
9.5.2 Key executives
9.5.3 Company snapshot
9.5.4 Operating business segments
9.5.5 Product portfolio
9.5.6 Business performance
9.5.7 Key strategic moves and developments
9.6 Salesforce.com Inc
9.6.1 Company overview
9.6.2 Key executives
9.6.3 Company snapshot
9.6.4 Operating business segments
9.6.5 Product portfolio
9.6.6 Business performance
9.6.7 Key strategic moves and developments
9.7 Alibaba Cloud Computing Ltd
9.7.1 Company overview
9.7.2 Key executives
9.7.3 Company snapshot
9.7.4 Operating business segments
9.7.5 Product portfolio
9.7.6 Business performance
9.7.7 Key strategic moves and developments
9.8 VMware
9.8.1 Company overview
9.8.2 Key executives
9.8.3 Company snapshot
9.8.4 Operating business segments
9.8.5 Product portfolio
9.8.6 Business performance
9.9 SAP SE
9.9.1 Company overview
9.9.2 Key executives
9.9.3 Company snapshot
9.9.4 Operating business segments
9.9.5 Product portfolio
9.9.6 Business performance
9.9.7 Key strategic moves and developments
9.10 Dell Technologies
9.10.1 Company overview
9.10.2 Key executives
9.10.3 Company snapshot
9.10.4 Operating business segments
9.10.5 Product portfolio
9.10.6 Business performance