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(Wireless-NewsWire.Com, October 02, 2014 ) Dallas, TX -- In today’s information age, business framework needs new capabilities in banking for success. IT has been changing the way organizations control and run their business and participate in various markets. IT has significantly improved the productivity of the Banking sector in the fields of customer relationship management, enterprise resource planning, and employee productivity. The Banking sector in China is highly dependent on IT that helps access, store, transmit, and manipulate information with a high degree of accuracy and least redundancy. As a result, banks in China are aggressively adopting IT to optimize their business processes and enhancing the performance.
Analysts forecast the Banking IT market in China to grow at a CAGR of 11.39 percent over the period 2013-2018.
Covered in this Report
The report covers the present scenario and the growth prospects of the Banking IT market in China for the period 2014-2018. The market can be segmented into three: Hardware, Software, and IT services. The report also discusses about the major end-users of the Banking IT market in China.
Banking IT Market in China 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the Banking IT market in China and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Key Vendors
Accenture
IBM
Digital China Holdings
Other Prominent Vendors
CSC
Global Infotech Holding
HiSun Technology Holding
Hundsun Technology
SAP
TCS
Yucheng Technology
Market Driver
Increased Adoption of Business Intelligence (BI) Software in Retail Banking
For a full, detailed list, view our report
Market Challenge
Relatively Low Penetration Rate of Cloud Computing by Banks
For a full, detailed list, view our report
Market Trend
High Adoption of Digital Banking and Mobile Payments
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?
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