Finance cloud includes Cloud Vendors, Cloud Brokers, and Managed service providers, ISVs, Platform Providers, Consultancy Firms/Advisory Firms, Training, and Education Service, Providers. North America is expected to have the largest market share in 2016, whereas Asia-Pacific (APAC) region is expected to grow at the highest CAGR from 2016 to 2021 in the finance cloud market. —
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Reduce CapEx spending, low IT management complexity, improved agility and security are some of the major driving factors contributing to the growth of cloud computing in the North America. This has given major benefits to the financial organization to opt for cloud solutions.
Target audience for Finance cloud market research report at Consultancy firms/advisory firms, Training and education service providers, Cloud service providers, Professional service providers, Managed service providers, Financial firms, Banking and Insurance professional.
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The research methodology used to estimate and forecast the finance cloud market begins with capturing data on key vendor revenues through secondary research, such as Cloud Computing Association (CCA), The Computer Science and Engineering Association (CSEA), Asia Cloud Computing Association (ACCA), Information System Security Association (ISSA), Information Systems Audit and Control Association (ISACA), and many more.
The vendor’s offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure is employed to arrive at the overall market size of the global finance cloud from the revenue of the key players in the market.
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After arriving at the overall market size, the total market is split into several segments and sub-segments, which are then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures are employed to complete the overall market engineering process and arrive at the exact statistics for all segments.
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Name: Mr. Hrishikesh Patwardhan
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Release ID: 258021