Dallas, TX -- (SBWIRE) -- 10/31/2018 -- With the slowdown in world economic growth, the Retail Banking IT Spending industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Retail Banking IT Spending market size to maintain the average annual growth rate of X% from XXXX million $ in 2014 to XXXX million $ in 2017, Research analysts believe that in the next few years, Retail Banking IT Spending market size will be further expanded, we expect that by 2022, The market size of the Retail Banking IT Spending will reach XXXX million $.

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Since past few years, the modalities of customer banking experience is changing drastically. Most of the customers of retail banking sector are making a shift towards smart devices for their banking requirements, thus banks need to keep up the pace for technology with customers.

Some of the prominent vendors in the global market include
-Dell
-HP
-IBM
-Microsoft
-Accenture
-Acer
-ATOS
-Capgemini
-CGI
-Cisco
-Cognizant
-CSC
-EMC
-FIS
-Fujitsu
-Genpact
-HCL
-Hitachi
-IGATE
-Infosys
-Intel
-JP Morgan
-Misys
-Netapp
-Oracle
-Polaris Software Lab
-Ramco
-SAP
-Syntel
-TCS

Furthermore, several foreign banks are anticipated to invest in IT infrastructure by developing strategic treaties with regional banks over the forecast period. This would help the service sector to expect a boost as the fastest rising domain in the global retail banking IT spending market by the end of forecast period.
The global retail banking IT spending market has been categorized by different technologies including online banking, core banking, mobile banking, internal operations, channel management and analytical technologies. Moreover, online banking technology is leading the overall retail banking IT spending market and is expected to maintain its position for upcoming years due to rising internet penetration.

According to geographical segmentation of the retail banking IT spending market, developing economies are expected to dominate the global market in the forthcoming years. Also, the major factor impelling the market over the forecast period is the rising demand for online as well as mobile banking IT solutions for customer-centric banking.

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In addition, several retail banks are cautious to shift to IT partners due to the risks involved in terms electronic data loss and confidentiality lapse. Also, some of the major banks are probable of maintaining a long-term association with their prevailing dealer base. The prominent market vendors reveal an extensive portfolio of products, services and solutions to the sector.

Segmentation types included in the report are:
-Type Segmentation (Core banking, Online banking, Mobile banking, Channel management, Internal operations)
-Industry Segmentation (Hardware, Software, IT services)
-Channel (Direct Sales, Distributor) Segmentation

Few Major Points from table of content:
Section 1 Retail Banking IT Spending Definition
Section 2 Global Retail Banking IT Spending Market Major Player Share and Market Overview
Section 3 Major Player Retail Banking IT Spending Business Introduction
Section 4 Global Retail Banking IT Spending Market Segmentation (Region Level)
Section 5 Global Retail Banking IT Spending Market Segmentation (Type Level)
Section 6 Global Retail Banking IT Spending Market Segmentation (Industry Level)
Section 7 Global Retail Banking IT Spending Market Segmentation (Channel Level)
Section 8 Retail Banking IT Spending Market Forecast 2018-2022
Section 9 Retail Banking IT Spending Segmentation Type
Section 10 Retail Banking IT Spending Segmentation Industry
Section 11 Retail Banking IT Spending Cost Analysis
Section 12 Conclusion

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