Financial institutions have started analyzing big data to support critical business activities including anti-money laundering, risk management, trade surveillance, regulatory compliance, and improving customer experience. This increasing importance of risk management is also driving the growth of this market.
This report contains market size and forecasts of Big Data IT Spending in Financial Sector in Global, including the following market information:
Global Big Data IT Spending in Financial Sector Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Big Data IT Spending in Financial Sector market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Big Data IT Spending in Financial Sector include Alteryx, Capgemini, IBM, Oracle, SAP, SAS Institute, Atos, Chartio and Clearstory Data, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Big Data IT Spending in Financial Sector companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Big Data IT Spending in Financial Sector Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Big Data IT Spending in Financial Sector Market Segment Percentages, by Type, 2021 (%)
Hardware
Software
IT Services
Global Big Data IT Spending in Financial Sector Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Big Data IT Spending in Financial Sector Market Segment Percentages, by Application, 2021 (%)
Investment Funds
Banks
Real Estate
Insurance Companies
Global Big Data IT Spending in Financial Sector Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Big Data IT Spending in Financial Sector Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Big Data IT Spending in Financial Sector revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Big Data IT Spending in Financial Sector revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Alteryx
Capgemini
IBM
Oracle
SAP
SAS Institute
Atos
Chartio
Clearstory Data
Anaconda
Datameer
DataStax