Private and Public Cloud in Financial Services Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, UK, Germany - Size and Forecast 2024-2028

Published: Nov 2023 Pages: 188 SKU: IRTNTR70825

Private and Public Cloud in Financial Services Market 2024-2028 :

The Private and Public Cloud in Financial Services Market size is estimated to grow at a CAGR of 19% between 2023 and 2028. The market size is forecast to increase by USD 106.43 billion. The growth of the market depends on several factors, including growing demand for virtually unlimited storage and big data, increased focus on cost optimization and scaling computation and high focus on sustainability using green IT. 

The report includes a comprehensive outlook on the Private and Public Cloud in Financial Services Market offering forecasts for the industry segmented by Service Type, which comprises SaaS, IaaS, PaaS. Additionally, it categorizes Deployment into (public cloud and private cloud and covers Geography regions, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

What will be the Size of the Private And Public Cloud Market In The Financial Services Industry During the Forecast Period?

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Private and Public Cloud Market in the Financial Services Industry Overview

Private cloud: Private cloud refers to cloud infrastructure and services that are exclusively owned, operated, and used by a single organization, such as a bank, insurance company, or investment firm. These private clouds are usually deployed within the organization's own data centres or hosted by a trusted third-party vendor. Public Cloud: Public cloud refers to cloud services that are provided and managed by third-party cloud service providers, such as Amazon Web Services (AWS), Microsoft Azure, or Google Cloud Platform. These cloud services are usually offered on a pay-as-you-go basis and are available to multiple organizations in a shared infrastructure. 

Driver

Increased focus on cost optimization and scaling computation is notably driving the market growth. The decrease in revenue for financial services firms is leading to the allocation of smaller budgets for IT infrastructure. Cost management pressures are also increasing as a result of stringent regulations on banking and outdated technology systems. Therefore, financial services firms are adopting cloud services to reduce IT infrastructure costs and achieve business agility. For many organizations, new financial regulations, such as the General Data Protection Regulation, not only impact their revenue inflow but also give rise to the need for additional resources to maintain regulatory compliance.

Additionally, cloud computing reduces large capital expenses that are required for building data centres and servers. It also improves cost efficiency by allowing the pay-for-use model. In addition, it provides virtually unlimited space for big data storage. Such benefits are expected to propel the growth of the private and public cloud market in the financial services industry during the forecast period.

Trends

The emergence of blockchain technology is an emerging trend shaping the market growth.  Blockchain technology is gaining popularity in the financial services sector. It is replacing the current centralized business model of financial services. Currently, a central ledger such as the Federal Reserve and its members acts as the custodian of a financial firm's information. In blockchain technology, the information of each transaction is transparently registered digitally in a shared database in the cloud. This eliminates the need for middlemen or a central acting body. This feature of blockchain technology, i.e., the decentralization of the central authority, is the main factor driving its adoption. Blockchain technology is not only helpful for banking and financial services but is also essential for online and offline banking transactions in sectors such as e-commerce, IT, and retail.

However, nowadays, most financial firms are conducting proof of concept. Some financial firms, such as Goldman Sachs and Overstock.com have already adopted this technology for specific applications. Thus, the emergence of blockchain technology will drive the growth of the global private and public cloud market in the financial services industry during the forecast period.

Restrain

Network connectivity issues and latency a significant challenges hindering the market growth.  A hybrid cloud setup requires a wide area network (WAN) connection between the on-premises data center/private cloud and the public cloud. This can give rise to potential network connectivity or latency issues. Network failure can impact the business operations of financial services firms significantly. There are multiple connectivity options to connect between the public and private clouds. These include an ordinary internet connection, a virtual private network (VPN) connection, or a direct connection. Each of these connectivity options has its own advantages and limitations. Data transferred over the Internet is not secure, as it can be tracked and stolen or replaced with malicious data. 

However, a dedicated connection can be extremely costly. Therefore, when choosing a network connection, a customer may have to choose between performance, price, and security, which can restrict the private and public cloud in financial services market growth. Such factors are expected to hinder the growth of the private and public cloud market in the financial services industry during the forecast period.

Private and Public Cloud Market in the Financial Services Industry Segmentation By Service Type Segment

The market share growth by the SaaS segment will be significant during the forecast period. SaaS solutions are on-demand software solutions that are delivered over the Internet through a subscription model. Organizations are implementing cloud-based SaaS solutions to reduce the high upfront costs of software licensing. 

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The SaaS segment was the largest and was valued at USD 23.73 billion in 2018. The use of public SaaS is increasing, owing to its features such as elasticity and scalability, which are critical in organizations that provide IT-enabled services. Public SaaS offers a wide scope for data recovery. It offers software programs with the necessary functionalities, so the user simply needs to log in and access the software. Various organizations are launching SaaS solutions. For instance, in May 2021, Kwipped launched a software-as-a-service solution, "APPROVE" to promote equipment financing at every point in the sales process through a digital quoting engine. Therefore, the wide adoption of SaaS technology by businesses and consumers will further drive the demand for SaaS solutions, which in turn will drive the growth of the private and public cloud market in the financial services industry during the forecast period.

Private and Public Cloud Market in the Financial Services Industry Segmentation By Deployment Segment  

In 2023, the public cloud segment dominated the private and public cloud in the financial services market, primarily due to the increasing globalization and the growth of the IT and BFSI sectors. The demand for public cloud services in the financial services industry is rising due to an increase in the number of SMEs in developing economies such as China, India, Brazil, Indonesia, and Mexico, which demand solutions for business-related insights. However, leading companies in the private and public cloud in financial services market are investing in the development of advanced IT security features to make cloud computing services highly secure. Such factors are expected to drive the adoption of the public cloud segment, which in turn will drive the growth of the private and public cloud market in the financial services industry during the forecast period. 

Regional Overview

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APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The adoption of cloud computing in North America is comparatively lower among SMEs than large enterprises. Smaller financial services firms have adopted cloud services to support digital financial services. The banking, financial services, insurance, e-commerce, and telecommunication sectors are the major adopters of cloud computing services. Cost reduction is a primary factor in the adoption of cloud computing services. Also, the global Internet services and infrastructure market is at a crossroads, with the private and public cloud in financial services market having a positive impact due to factors such as planned expansions by hyper scalers and increasing adoption of cloud computing and colocation services.

In addition, the adoption of public cloud is very low among large banks because of the perceived security and regulatory risks in the region. This scenario is changing because of the need to cut down infrastructure costs and increase flexibility, security, and compliance services by cloud companies. The adoption of the public cloud by big banks is expected to increase significantly by 2022, and IaaS will gain popularity. Such factors are expected to drive the regional market growth during the forecast period. 

Private And Public Cloud Market In The Financial Services Industry Customer Landscape

The Private and Public Cloud Market in the Financial Services Industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Private and Public Cloud Market in the Financial Services Industry Customer Landscape

Who are the Major Private and Public Cloud Market in the Financial Services Industry Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Akamai Technologies Inc. - The company offers private and public clouds such as Alibaba Cloud that enhance business agility and accelerate digital transformation with business solutions for financial services.

Alibaba Group Holding Ltd. - The company offers private and public clouds such as Google Cloud which is suitable for banking, capital markets, insurance, and payment services.

Alphabet Inc. - The company offers private and public clouds such as AWS Cloud which is suitable for banking, payments, capital markets, and insurance services.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Amazon.com Inc.
  • Cisco Systems Inc.
  • Citrix Systems Inc.
  • Dell Technologies Inc.
  • Equinix Inc.
  • Hewlett Packard Enterprise Co.
  • International Business Machines Corp.
  • Juniper Networks Inc.
  • Microsoft Corp.
  • NetApp Inc.
  • Oracle Corp.
  • Rackspace Technology Inc.
  • Salesforce Inc.
  • SAP SE
  • SS and C Technologies Holdings Inc.
  • Temenos AG
  • VMware Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The private and public cloud market in the financial services industry report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018-2028

  • Service Type Outlook
    • SaaS
    • IaaS
    • PaaS
  • Deployment Outlook
    • Public cloud
    • Private cloud
    Region Outlook
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

 

Private And Public Cloud Market In The Financial Services Industry Scope

Report Coverage

Details

Page number

188

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 19%

Market growth 2024-2028

USD 106.43 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

17.27

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 39%

Key countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Akamai Technologies Inc., Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Citrix Systems Inc., Dell Technologies Inc., Equinix Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., Juniper Networks Inc., Microsoft Corp., NetApp Inc., Oracle Corp., Rackspace Technology Inc., Salesforce Inc., SAP SE, SS and C Technologies Holdings Inc., Temenos AG, and VMware Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Private And Public Cloud Market Report In The Financial Services Industry?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Service Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global private and public cloud market in the financial services industry 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global private and public cloud market in the financial services industry 2018 - 2022 ($ billion)
    • 4.2 Service Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Service Type Segment 2018 - 2022 ($ billion)
    • 4.3 Deployment Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Deployment Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Service Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Service Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Service Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Service Type
      • Exhibit 32: Chart on Comparison by Service Type
      • Exhibit 33: Data Table on Comparison by Service Type
    • 6.3 SaaS - Market size and forecast 2023-2028
      • Exhibit 34: Chart on SaaS - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on SaaS - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on SaaS - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on SaaS - Year-over-year growth 2023-2028 (%)
    • 6.4 IaaS - Market size and forecast 2023-2028
      • Exhibit 38: Chart on IaaS - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on IaaS - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on IaaS - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on IaaS - Year-over-year growth 2023-2028 (%)
    • 6.5 PaaS - Market size and forecast 2023-2028
      • Exhibit 42: Chart on PaaS - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on PaaS - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on PaaS - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on PaaS - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Service Type
      • Exhibit 46: Market opportunity by Service Type ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Service Type ($ billion)

    7 Market Segmentation by Deployment

    • 7.1 Market segments
      • Exhibit 48: Chart on Deployment - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Deployment - Market share 2023-2028 (%)
    • 7.2 Comparison by Deployment
      • Exhibit 50: Chart on Comparison by Deployment
      • Exhibit 51: Data Table on Comparison by Deployment
    • 7.3 Public cloud - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Public cloud - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Public cloud - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Public cloud - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Public cloud - Year-over-year growth 2023-2028 (%)
    • 7.4 Private cloud - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Private cloud - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Private cloud - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Private cloud - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Private cloud - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Deployment
      • Exhibit 60: Market opportunity by Deployment ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Deployment ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Canada - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Alibaba Group Holding Ltd.
              • Exhibit 115: Alibaba Group Holding Ltd. - Overview
              • Exhibit 116: Alibaba Group Holding Ltd. - Business segments
              • Exhibit 117: Alibaba Group Holding Ltd. - Key offerings
              • Exhibit 118: Alibaba Group Holding Ltd. - Segment focus
            • 12.4 Alphabet Inc.
              • Exhibit 119: Alphabet Inc. - Overview
              • Exhibit 120: Alphabet Inc. - Business segments
              • Exhibit 121: Alphabet Inc. - Key news
              • Exhibit 122: Alphabet Inc. - Key offerings
              • Exhibit 123: Alphabet Inc. - Segment focus
            • 12.5 Amazon.com Inc.
              • Exhibit 124: Amazon.com Inc. - Overview
              • Exhibit 125: Amazon.com Inc. - Business segments
              • Exhibit 126: Amazon.com Inc. - Key news
              • Exhibit 127: Amazon.com Inc. - Key offerings
              • Exhibit 128: Amazon.com Inc. - Segment focus
            • 12.6 Cisco Systems Inc.
              • Exhibit 129: Cisco Systems Inc. - Overview
              • Exhibit 130: Cisco Systems Inc. - Business segments
              • Exhibit 131: Cisco Systems Inc. - Key news
              • Exhibit 132: Cisco Systems Inc. - Key offerings
              • Exhibit 133: Cisco Systems Inc. - Segment focus
            • 12.7 Dell Technologies Inc.
              • Exhibit 134: Dell Technologies Inc. - Overview
              • Exhibit 135: Dell Technologies Inc. - Business segments
              • Exhibit 136: Dell Technologies Inc. - Key news
              • Exhibit 137: Dell Technologies Inc. - Key offerings
              • Exhibit 138: Dell Technologies Inc. - Segment focus
            • 12.8 Hewlett Packard Enterprise Co.
              • Exhibit 139: Hewlett Packard Enterprise Co. - Overview
              • Exhibit 140: Hewlett Packard Enterprise Co. - Business segments
              • Exhibit 141: Hewlett Packard Enterprise Co. - Key news
              • Exhibit 142: Hewlett Packard Enterprise Co. - Key offerings
              • Exhibit 143: Hewlett Packard Enterprise Co. - Segment focus
            • 12.9 International Business Machines Corp.
              • Exhibit 144: International Business Machines Corp. - Overview
              • Exhibit 145: International Business Machines Corp. - Business segments
              • Exhibit 146: International Business Machines Corp. - Key news
              • Exhibit 147: International Business Machines Corp. - Key offerings
              • Exhibit 148: International Business Machines Corp. - Segment focus
            • 12.10 Microsoft Corp.
              • Exhibit 149: Microsoft Corp. - Overview
              • Exhibit 150: Microsoft Corp. - Business segments
              • Exhibit 151: Microsoft Corp. - Key news
              • Exhibit 152: Microsoft Corp. - Key offerings
              • Exhibit 153: Microsoft Corp. - Segment focus
            • 12.11 NetApp Inc.
              • Exhibit 154: NetApp Inc. - Overview
              • Exhibit 155: NetApp Inc. - Business segments
              • Exhibit 156: NetApp Inc. - Key news
              • Exhibit 157: NetApp Inc. - Key offerings
              • Exhibit 158: NetApp Inc. - Segment focus
            • 12.12 Oracle Corp.
              • Exhibit 159: Oracle Corp. - Overview
              • Exhibit 160: Oracle Corp. - Business segments
              • Exhibit 161: Oracle Corp. - Key news
              • Exhibit 162: Oracle Corp. - Key offerings
              • Exhibit 163: Oracle Corp. - Segment focus
            • 12.13 Rackspace Technology Inc.
              • Exhibit 164: Rackspace Technology Inc. - Overview
              • Exhibit 165: Rackspace Technology Inc. - Product / Service
              • Exhibit 166: Rackspace Technology Inc. - Key offerings
            • 12.14 Salesforce Inc.
              • Exhibit 167: Salesforce Inc. - Overview
              • Exhibit 168: Salesforce Inc. - Product / Service
              • Exhibit 169: Salesforce Inc. - Key news
              • Exhibit 170: Salesforce Inc. - Key offerings
            • 12.15 SAP SE
              • Exhibit 171: SAP SE - Overview
              • Exhibit 172: SAP SE - Business segments
              • Exhibit 173: SAP SE - Key news
              • Exhibit 174: SAP SE - Key offerings
              • Exhibit 175: SAP SE - Segment focus
            • 12.16 SS and C Technologies Holdings Inc.
              • Exhibit 176: SS and C Technologies Holdings Inc. - Overview
              • Exhibit 177: SS and C Technologies Holdings Inc. - Product / Service
              • Exhibit 178: SS and C Technologies Holdings Inc. - Key news
              • Exhibit 179: SS and C Technologies Holdings Inc. - Key offerings
            • 12.17 VMware Inc.
              • Exhibit 180: VMware Inc. - Overview
              • Exhibit 181: VMware Inc. - Product / Service
              • Exhibit 182: VMware Inc. - Key news
              • Exhibit 183: VMware Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: List of abbreviations

              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

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              private and public cloud market in the financial services industry 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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