BFSI Industry in MEA - IT Market Assessment
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03 November 2008, Pages – 15 The financial crisis in the United States and Europe is compelling the investment bankers in those regions to relocate to new centres. In the Middle East, Dubai is emerging as an international financial centre and hence, is becoming the favourite destination for these investment bankers. However, there will be challenges galore for the investment banker in the gulf predominantly owing to the very active local banking community. Thus, this will be one of the major trends that will have an impact on the financial sector of Middle East. Middle East is a region of mixed economies. The business environment of the Arab region is quite different from the other nations across the globe. One of the major challenges for the insurance sector in the region is that it lacks penetration and density. However, due to the ongoing process of globalization, the mindset and attitude towards the insurance sector is changing. But, the insurance sector is still in a stage of infancy with a low rate of market penetration. The report forecasts the IT spending of the BFSI Industry in MEA over the period 2007-2013. The report highlights the market trends, growth drivers and restraints in the BFSI Industry in MEA. Further, the report discusses about the IT spending & forecast of this industry and also talks about the regulations that affect the IT spending of the BFSI Industry in MEA. Table of ContentsTable of Contents:
1.0 BFSI Industry in MEA 1.1 Market Size and Forecast 1.2 Market Trends 2.0 Growth Drivers & Restraints 2.1 Growth Drivers 2.2 Growth Restraints 3.0 IT Spending – BFSI Industry in MEA 3.1 IT Spending & Forecast 3.2 IT Sales Drivers 4.0 Regulations Affecting IT Spending Other Reports in this Series List of Exhibits Exhibit 1: Banking & Financial Services Industry in MEA Market Size & Forecast 2007-2013 (in trillion USD) Exhibit 2: Insurance Industry in MEA Market Size & Forecast 2007-2013 (in trillion USD) Exhibit 3: Banking & Financial Services - IT Spending & Forecast 2007-2013 ( in billion USD)
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