NJ New Jersey, USA -- (SBWire) -- 05/25/2023 --Global Cloud Computing in Retail Banking Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.
Major Players in This Report Include,
Adobe (United States), Alphabet (United States), Amazon (United States), Ellie Mae (United States), IBM (United States), Infosys (India), Intuit (United States), Medidata (United States), Microsoft (United States) and Oracle (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Salesforce.com (United States), SAP (Germany), TCS (India) and Veeva Systems (United States).
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Cloud-based operating models allow retail banks to have shorter development cycles for new products. Growing cloud adoption in retail banking is fuelled by increasing convenience in service delivery, easy scalability of cloud-based services, and stringent regulatory norms pertaining to data security and privacy. A growing number of cybersecurity risks have led to rising in the adoption of hybrid cloud services.
Market Drivers
- Cost-efficiency, Scalability, and Effectiveness of Cloud-based Retail Banking
- Growing Demand for Cloud Computing Services in Offering Customized Banking Experiences
Market Trend
- The Emergence of Open and Digital-only Banking Solutions
- Introduction of New Cutting-edge Technologies and Voice-first Banking
Opportunities
- Growing Need to Adhere to Changing Regulatory Norms in Banking
- Increasing Automation in Product and Service Delivery in Banking
Challenges
- Connecting Legacy Banking Infrastructure to Cloud Platform
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In this research study, the prime factors that are impelling the growth of the Global Cloud Computing in Retail Banking market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The Cloud Computing in Retail Banking market study is being classified by Type (Public Clouds, Private Clouds, Hybrid Clouds), Application (Revenue Management, Wealth Management System, Account Management, Customer Management, Others), Service Models (Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)) Players and Region - Global Market Outlook to 2027
The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Cloud Computing in Retail Banking market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.
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Extracts from Table of Contents
Cloud Computing in Retail Banking Market Research Report
Chapter 1 Cloud Computing in Retail Banking Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
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This report also analyzes the regulatory framework of the Global Markets Cloud Computing in Retail Banking Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.
