Fast Market Research recommends "Banking IT Market in China 2014-2018" from TechNavio, now available

Boston, MA -- (SBWire) -- 10/06/2014 --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.

TechNavio's 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:

View Full Report Details and Table of Contents

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.

TechNavio's report, the 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.

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?

Companies Mentioned in this Report: Accenture, IBM, Digital China Holdings, CSC, Global Infotech Holding, HiSun Technology Holding, Hundsun Technology, SAP, TCS, Yucheng Technology

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