global application outsourcing market in banking sector 2014-2018

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Global Application Outsourcing Market in Banking Sector 2014-2018 TechNavio Insights

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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. TechNavio's analysts forecast the Global Circuit Breaker market to grow at a CAGR of 4.61 percent over the period 2014-2018.

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Page 1: Global Application Outsourcing Market in Banking Sector 2014-2018

Global Application Outsourcing Market in Banking Sector 2014-2018

TechNavio Insights

Page 2: Global Application Outsourcing Market in Banking Sector 2014-2018

USA – CANADA – UK – CHINA – INDIA

Market Overview: Application Outsourcing Market in Banking Sector

About Application Outsourcing Market in Banking Sector

• 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.

• A circuit breaker detects overloading and automatically switches off power supply. • Circuit breakers are preferred over fuses as fuses have to be replaced after each operation while a circuit breaker has

to be just reset after each operation.• TechNavio's analysts forecast the Global Circuit Breaker market to grow at a CAGR of 4.61 percent over the period

2014-2018.

Page 3: Global Application Outsourcing Market in Banking Sector 2014-2018

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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.

Page 4: Global Application Outsourcing Market in Banking Sector 2014-2018

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Key Regions

Americas

APAC

EMEA

Page 5: Global Application Outsourcing Market in Banking Sector 2014-2018

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Key Vendors

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

Page 6: Global Application Outsourcing Market in Banking Sector 2014-2018

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Market Drivers, Challenges and Trends

Guest Bloggers

A detailed analysis of each market driver, challenge and trend is available in

our report:

Global Application Outsourcing Market in Banking Sector 2014-2018

Driver

• Increased Need for Application Modernization.• For a full, detailed list, view our report.

Challenge• Poor Understanding of the Contract and Post-

contract Processes.• For a full, detailed list, view our report.

Trend

• Increased Usage of Technology in Retail Banking.• For a full, detailed list, view our report.

Page 7: Global Application Outsourcing Market in Banking Sector 2014-2018

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Key Questions

Questions Answered in Our 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Page 8: Global Application Outsourcing Market in Banking Sector 2014-2018

USA – CANADA – UK – CHINA – INDIA

View Our Report

Global Application Outsourcing Market in Banking Sector 2014-2018

View Report >>

TechNavio's report, Global Application Outsourcing Market in Banking Sector 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts.

Published on: August 27, 2014 | 85 Pages | SKU: IRTNTR3961 |

Page 9: Global Application Outsourcing Market in Banking Sector 2014-2018

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India: An Overview

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Page 10: Global Application Outsourcing Market in Banking Sector 2014-2018

USA – CANADA – UK – CHINA – INDIA

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India: An Overview

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