Global Application Outsourcing Market in Banking Sector 2014-2018
| Published: Aug 2014 | Pages: 85 | SKU: IRTNTR3961 |
About Application Outsourcing
Application outsourcing is the process of arranging a wide variety of application services, including new application development and maintenance and management of packaged applications from an external provider. Application outsourcing helps in lowering the total cost of ownership and expanding geographical reach while leveraging technology. It comes into play when increasingly complex banking systems and rapid adoption of changing technology make it difficult and exorbitant to manage and maintain the applications that support business needs.
TechNavio's analysts forecast the Global Application Outsourcing market in the Banking sector to grow at a CAGR of 4.77 percent over the period 2013-2018.
Covered in this Report
The Global Application Outsourcing market in the Banking sector can be segmented into three divisions: Application Development and Maintenance, Independent Software Testing, and Other Services. This report covers information about the market share of the Global Application Outsourcing market in the Banking sector by application.
TechNavio's report, the Global Application Outsourcing Market in the Banking Sector 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Application Outsourcing market landscape in the Banking sector and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
• Americas
• APAC
• EMEA
Key Vendors
• Accenture
• CSC
• HP
• IBM
Other Prominent Vendors
• Capgemini
• CGI Group
• Cognizant
• Dell
• EPAM Systems
• HCL Technologies
• Hexaware Technologies
• iGATE
• Infosys
• ITC Infotech
• L&T Infotech
• Luxoft
• Mindtree
• Polaris Financial Technology
• Softtek
• Syntel
• TCS
• Unisys
• Wipro
Market Driver
• Increased Need for Application Modernization
• For a full, detailed list, view our report
Market Challenge
• Poor Understanding of the Contract and Post-contract Processes
• For a full, detailed list, view our report
Market Trend
• Increased Usage of Technology in Retail Banking
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market Segmentation
07.1 Segmentation of the Global Application Outsourcing Market in Banking Sector
07.2 Global Application Development and Maintenance Outsourcing Market in Banking Sector
07.2.1 Market Size and Forecast
07.3 Global Independent Software Testing Outsourcing Market in Banking Sector
07.3.1 Market Size and Forecast
07.4 Other Application Outsourcing Services in Banking Sector
07.4.1 Market Size and Forecast
08. Market Segmentation by End-users
08.1 Global Application Outsourcing Market in Banking Sector Segmentation by End-users 2013
09. Geographical Segmentation
09.1 Global Application Outsourcing Market in Banking Sector by Geographical Segmentation 2013
09.2 Application Outsourcing Market in Banking Sector in Americas
09.2.1 Market Size and Forecast
09.3 Application Outsourcing Market in Banking Sector in the EMEA Region
09.3.1 Market Size and Forecast
09.4 Application Outsourcing Market in Banking Sector in the APAC Region
09.4.1 Market Size and Forecast
10. Key Leading Countries
10.1 US
10.2 UK
10.3 Japan
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
18.1 Competitive Scenario
18.2 Market Share Analysis 2013
18.3 Other Prominent Vendors
18.3.1 Capgemini SA
18.3.2 CGI Group Inc.
18.3.3 Cognizant Technology Solutions Corp.
18.3.4 Dell Inc.
18.3.5 EPAM System Inc.
18.3.6 HCL Technologies Ltd.
18.3.7 Hexaware Technologies Limited
18.3.8 iGATE Corp.
18.3.9 Infosys Limited
18.3.10 ITC Infotech India Ltd.
19. Key Vendor Analysis
19.1 Accenture
19.1.1 Key Facts
19.1.2 Business Overview
19.1.3 Business Segmentation by Revenue 2013
19.1.4 Business Segmentation by Revenue 2012 and 2013
19.1.5 Geographical Segmentation by Revenue 2013
19.1.6 Business Strategy
19.1.7 Recent Developments
19.1.8 SWOT Analysis
19.2 Computer Sciences
19.2.1 Key Facts
19.2.2 Business Overview
19.2.3 Business Segmentation by Revenue 2013
19.2.4 Business Segmentation by Revenue 2012 and 2013
19.2.5 Geographical Segmentation by Revenue 2013
19.2.6 Business Strategy
19.2.7 Recent Developments
19.2.8 SWOT Analysis
19.3 Hewlett-Packard
19.3.1 Key Facts
19.3.2 Business Overview
19.3.3 Business Segmentation by Revenue 2013
19.3.4 Business Segmentation by Revenue 2012 and 2013
19.3.5 Geographical Segmentation by Revenue 2013
19.3.6 Business Strategy
19.3.7 Recent Developments
19.3.8 SWOT Analysis
19.4 International Business Machines Corp.
19.4.1 Key Facts
19.4.2 Business Description
19.4.3 Business Segmentation
19.4.4 Revenue Segmentation by Business Segments
19.4.5 Revenue Segmentation by Business Operation
19.4.6 Revenue Comparison of Business Segments 2012 and 2013
19.4.7 Revenue Segmentation by Geography
19.4.8 Business Strategy
19.4.9 Key Developments
19.4.10 SWOT Analysis
20. Other Reports in this Series
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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