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Application Outsourcing Market in Banking Sector Detailed Analysis to 2018

(Wireless-NewsWire.Com, September 04, 2014 ) Dallas, TX -- 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.



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.



This 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.



Buy a Copy of Report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=207786 .



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?



Single User License is US $2500 for Discount Inquire@ http://www.rnrmarketresearch.com/contacts/discount?rname=207786 .



About us:Rnrmarketresearch.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

RnR Market Research

Ritesh Tiwari

+ 1 888 391 5441

sales@rnrmarketresearch.com

Source: EmailWire.Com



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