Financial cloud refers to financial institutions to make use of cloud computing and service advantages, its data value, customer, processes, and through technical means, such as data centers, client into "the cloud", to improve the system experience, improve operation ability, the reorganization of the data value, providing customers with a higher level of financial services, reduce running cost, finally to streamline the core business, expansion of dispersive channels.Due to the high technical barriers and financial barriers of the financial cloud.At present, the financial cloud market has not yet formed an absolute dominant pattern.Companies producing advanced financial clouds are mainly concentrated in the United States, Europe, China and Japan.In particular, as the market leader in financial cloud, amazon (AWS) has a global market share of approximately 15% in 2018. Other major service providers include Microsoft, IBM, Salesforce.com, inc., SAP SE, oracle, Google, Ali Cloud, Capgemini, ServiceNow, Workday, VMware, tencent, Fujitsu, huawei, etc. Global and Chinese financial cloud has developed rapidly in recent years, with total sales of approximately $2.2 billion in 2018 and expected to reach $131.1 billion by 2025, with a compound growth rate of 29% from 2018 to 2025.North America is the region with the largest share of the global financial cloud market, with a market share of 53% in 2018.In the consumer market, the growth rate of global consumption is stable.Due to the advanced Internet technology and the rapid economic development, North America, Europe and the asia-pacific region are still the major consumer regions.The global market for financial clouds is expected to reach about $131.1 billion by 2025, up from $6.3 billion in 2014.In China, total financial cloud market sales in 2018 were approximately $1.9 billion and are expected to reach $13.1 billion by 2025, with a compound growth rate of 31% from 2018 to 2025.The application fields of financial cloud can be divided into four categories, such as Banks, securities companies, insurance companies, and others.According to the 2018 survey results, 81 percent of the financial cloud markets are Banks, 10 percent are insurance companies, 9 percent are securities companies and 2 percent are others.With the development of economy, countries are demanding more and more standardization, precision and intelligence in this field.At the same time, these countries will need more financial clouds.Therefore, the financial cloud has huge market potential in the future.
This report aims to provide a comprehensive presentation of the global market for Financial Services Cloud, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Financial Services Cloud. This report contains market size and forecasts of Financial Services Cloud in global, including the following market information:
Global Financial Services Cloud Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Financial Services Cloud market was valued at US$ 49340 million in 2022 and is projected to reach US$ 63350 million by 2029, at a CAGR of 3.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Financial Cloud key players include Amazon (AWS), Microsoft, IBM, Salesforce.com, etc. Global top four manufacturers hold a share over 40%.
North America is the largest market, with a share over 50%, followed by Europe, and Asia Pacific, both have a share over 35 percent.
In terms of product, IaaS is the largest segment, with a share over 60%. And in terms of application, the largest application is Bank, followed by Insurance Company, Securities Company, etc.
We surveyed the Financial Services Cloud 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 Financial Services Cloud Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Financial Services Cloud Market Segment Percentages, by Type, 2022 (%)
Public Cloud
Private Cloud
Hybrid Cloud
Global Financial Services Cloud Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Financial Services Cloud Market Segment Percentages, by Application, 2022 (%)
Bank
Invest
Insurance
Global Financial Services Cloud Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Financial Services Cloud Market Segment Percentages, By Region and Country, 2022 (%)
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 Financial Services Cloud revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Financial Services Cloud revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Salesforce
Microsoft
IBM
Amazon Web Services
Infosys
Oracle
Google Cloud
Tencent
Huawei
CSCC(Beijing)Financial Information Service Co.,Ltd.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Financial Services Cloud, market overview.
Chapter 2: Global Financial Services Cloud market size in revenue.
Chapter 3: Detailed analysis of Financial Services Cloud company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Financial Services Cloud in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Financial Services Cloud Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Financial Services Cloud Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Financial Services Cloud Overall Market Size
2.1 Global Financial Services Cloud Market Size: 2022 VS 2029
2.2 Global Financial Services Cloud Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Financial Services Cloud Players in Global Market
3.2 Top Global Financial Services Cloud Companies Ranked by Revenue
3.3 Global Financial Services Cloud Revenue by Companies
3.4 Top 3 and Top 5 Financial Services Cloud Companies in Global Market, by Revenue in 2022
3.5 Global Companies Financial Services Cloud Product Type
3.6 Tier 1, Tier 2 and Tier 3 Financial Services Cloud Players in Global Market
3.6.1 List of Global Tier 1 Financial Services Cloud Companies
3.6.2 List of Global Tier 2 and Tier 3 Financial Services Cloud Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Financial Services Cloud Market Size Markets, 2022 & 2029
4.1.2 Public Cloud
4.1.3 Private Cloud
4.1.4 Hybrid Cloud
4.2 By Type - Global Financial Services Cloud Revenue & Forecasts
4.2.1 By Type - Global Financial Services Cloud Revenue, 2018-2023
4.2.2 By Type - Global Financial Services Cloud Revenue, 2024-2029
4.2.3 By Type - Global Financial Services Cloud Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Financial Services Cloud Market Size, 2022 & 2029
5.1.2 Bank
5.1.3 Invest
5.1.4 Insurance
5.2 By Application - Global Financial Services Cloud Revenue & Forecasts
5.2.1 By Application - Global Financial Services Cloud Revenue, 2018-2023
5.2.2 By Application - Global Financial Services Cloud Revenue, 2024-2029
5.2.3 By Application - Global Financial Services Cloud Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Financial Services Cloud Market Size, 2022 & 2029
6.2 By Region - Global Financial Services Cloud Revenue & Forecasts
6.2.1 By Region - Global Financial Services Cloud Revenue, 2018-2023
6.2.2 By Region - Global Financial Services Cloud Revenue, 2024-2029
6.2.3 By Region - Global Financial Services Cloud Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Financial Services Cloud Revenue, 2018-2029
6.3.2 US Financial Services Cloud Market Size, 2018-2029
6.3.3 Canada Financial Services Cloud Market Size, 2018-2029
6.3.4 Mexico Financial Services Cloud Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Financial Services Cloud Revenue, 2018-2029
6.4.2 Germany Financial Services Cloud Market Size, 2018-2029
6.4.3 France Financial Services Cloud Market Size, 2018-2029
6.4.4 U.K. Financial Services Cloud Market Size, 2018-2029
6.4.5 Italy Financial Services Cloud Market Size, 2018-2029
6.4.6 Russia Financial Services Cloud Market Size, 2018-2029
6.4.7 Nordic Countries Financial Services Cloud Market Size, 2018-2029
6.4.8 Benelux Financial Services Cloud Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Financial Services Cloud Revenue, 2018-2029
6.5.2 China Financial Services Cloud Market Size, 2018-2029
6.5.3 Japan Financial Services Cloud Market Size, 2018-2029
6.5.4 South Korea Financial Services Cloud Market Size, 2018-2029
6.5.5 Southeast Asia Financial Services Cloud Market Size, 2018-2029
6.5.6 India Financial Services Cloud Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Financial Services Cloud Revenue, 2018-2029
6.6.2 Brazil Financial Services Cloud Market Size, 2018-2029
6.6.3 Argentina Financial Services Cloud Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Financial Services Cloud Revenue, 2018-2029
6.7.2 Turkey Financial Services Cloud Market Size, 2018-2029
6.7.3 Israel Financial Services Cloud Market Size, 2018-2029
6.7.4 Saudi Arabia Financial Services Cloud Market Size, 2018-2029
6.7.5 UAE Financial Services Cloud Market Size, 2018-2029
7 Financial Services Cloud Companies Profiles
7.1 Salesforce
7.1.1 Salesforce Company Summary
7.1.2 Salesforce Business Overview
7.1.3 Salesforce Financial Services Cloud Major Product Offerings
7.1.4 Salesforce Financial Services Cloud Revenue in Global Market (2018-2023)
7.1.5 Salesforce Key News & Latest Developments
7.2 Microsoft
7.2.1 Microsoft Company Summary
7.2.2 Microsoft Business Overview
7.2.3 Microsoft Financial Services Cloud Major Product Offerings
7.2.4 Microsoft Financial Services Cloud Revenue in Global Market (2018-2023)
7.2.5 Microsoft Key News & Latest Developments
7.3 IBM
7.3.1 IBM Company Summary
7.3.2 IBM Business Overview
7.3.3 IBM Financial Services Cloud Major Product Offerings
7.3.4 IBM Financial Services Cloud Revenue in Global Market (2018-2023)
7.3.5 IBM Key News & Latest Developments
7.4 Amazon Web Services
7.4.1 Amazon Web Services Company Summary
7.4.2 Amazon Web Services Business Overview
7.4.3 Amazon Web Services Financial Services Cloud Major Product Offerings
7.4.4 Amazon Web Services Financial Services Cloud Revenue in Global Market (2018-2023)
7.4.5 Amazon Web Services Key News & Latest Developments
7.5 Infosys
7.5.1 Infosys Company Summary
7.5.2 Infosys Business Overview
7.5.3 Infosys Financial Services Cloud Major Product Offerings
7.5.4 Infosys Financial Services Cloud Revenue in Global Market (2018-2023)
7.5.5 Infosys Key News & Latest Developments
7.6 Oracle
7.6.1 Oracle Company Summary
7.6.2 Oracle Business Overview
7.6.3 Oracle Financial Services Cloud Major Product Offerings
7.6.4 Oracle Financial Services Cloud Revenue in Global Market (2018-2023)
7.6.5 Oracle Key News & Latest Developments
7.7 Google Cloud
7.7.1 Google Cloud Company Summary
7.7.2 Google Cloud Business Overview
7.7.3 Google Cloud Financial Services Cloud Major Product Offerings
7.7.4 Google Cloud Financial Services Cloud Revenue in Global Market (2018-2023)
7.7.5 Google Cloud Key News & Latest Developments
7.8 Tencent
7.8.1 Tencent Company Summary
7.8.2 Tencent Business Overview
7.8.3 Tencent Financial Services Cloud Major Product Offerings
7.8.4 Tencent Financial Services Cloud Revenue in Global Market (2018-2023)
7.8.5 Tencent Key News & Latest Developments
7.9 Huawei
7.9.1 Huawei Company Summary
7.9.2 Huawei Business Overview
7.9.3 Huawei Financial Services Cloud Major Product Offerings
7.9.4 Huawei Financial Services Cloud Revenue in Global Market (2018-2023)
7.9.5 Huawei Key News & Latest Developments
7.10 CSCC(Beijing)Financial Information Service Co.,Ltd.
7.10.1 CSCC(Beijing)Financial Information Service Co.,Ltd. Company Summary
7.10.2 CSCC(Beijing)Financial Information Service Co.,Ltd. Business Overview
7.10.3 CSCC(Beijing)Financial Information Service Co.,Ltd. Financial Services Cloud Major Product Offerings
7.10.4 CSCC(Beijing)Financial Information Service Co.,Ltd. Financial Services Cloud Revenue in Global Market (2018-2023)
7.10.5 CSCC(Beijing)Financial Information Service Co.,Ltd. Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Financial Services Cloud Market Opportunities & Trends in Global Market
Table 2. Financial Services Cloud Market Drivers in Global Market
Table 3. Financial Services Cloud Market Restraints in Global Market
Table 4. Key Players of Financial Services Cloud in Global Market
Table 5. Top Financial Services Cloud Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Financial Services Cloud Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Financial Services Cloud Revenue Share by Companies, 2018-2023
Table 8. Global Companies Financial Services Cloud Product Type
Table 9. List of Global Tier 1 Financial Services Cloud Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Financial Services Cloud Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Financial Services Cloud Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Financial Services Cloud Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Financial Services Cloud Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Financial Services Cloud Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Financial Services Cloud Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Financial Services Cloud Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Financial Services Cloud Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Financial Services Cloud Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Financial Services Cloud Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Financial Services Cloud Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Financial Services Cloud Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Financial Services Cloud Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Financial Services Cloud Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Financial Services Cloud Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Financial Services Cloud Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Financial Services Cloud Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Financial Services Cloud Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Financial Services Cloud Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Financial Services Cloud Revenue, (US$, Mn), 2024-2029
Table 30. Salesforce Company Summary
Table 31. Salesforce Financial Services Cloud Product Offerings
Table 32. Salesforce Financial Services Cloud Revenue (US$, Mn) & (2018-2023)
Table 33. Salesforce Key News & Latest Developments
Table 34. Microsoft Company Summary
Table 35. Microsoft Financial Services Cloud Product Offerings
Table 36. Microsoft Financial Services Cloud Revenue (US$, Mn) & (2018-2023)
Table 37. Microsoft Key News & Latest Developments
Table 38. IBM Company Summary
Table 39. IBM Financial Services Cloud Product Offerings
Table 40. IBM Financial Services Cloud Revenue (US$, Mn) & (2018-2023)
Table 41. IBM Key News & Latest Developments
Table 42. Amazon Web Services Company Summary
Table 43. Amazon Web Services Financial Services Cloud Product Offerings
Table 44. Amazon Web Services Financial Services Cloud Revenue (US$, Mn) & (2018-2023)
Table 45. Amazon Web Services Key News & Latest Developments
Table 46. Infosys Company Summary
Table 47. Infosys Financial Services Cloud Product Offerings
Table 48. Infosys Financial Services Cloud Revenue (US$, Mn) & (2018-2023)
Table 49. Infosys Key News & Latest Developments
Table 50. Oracle Company Summary
Table 51. Oracle Financial Services Cloud Product Offerings
Table 52. Oracle Financial Services Cloud Revenue (US$, Mn) & (2018-2023)
Table 53. Oracle Key News & Latest Developments
Table 54. Google Cloud Company Summary
Table 55. Google Cloud Financial Services Cloud Product Offerings
Table 56. Google Cloud Financial Services Cloud Revenue (US$, Mn) & (2018-2023)
Table 57. Google Cloud Key News & Latest Developments
Table 58. Tencent Company Summary
Table 59. Tencent Financial Services Cloud Product Offerings
Table 60. Tencent Financial Services Cloud Revenue (US$, Mn) & (2018-2023)
Table 61. Tencent Key News & Latest Developments
Table 62. Huawei Company Summary
Table 63. Huawei Financial Services Cloud Product Offerings
Table 64. Huawei Financial Services Cloud Revenue (US$, Mn) & (2018-2023)
Table 65. Huawei Key News & Latest Developments
Table 66. CSCC(Beijing)Financial Information Service Co.,Ltd. Company Summary
Table 67. CSCC(Beijing)Financial Information Service Co.,Ltd. Financial Services Cloud Product Offerings
Table 68. CSCC(Beijing)Financial Information Service Co.,Ltd. Financial Services Cloud Revenue (US$, Mn) & (2018-2023)
Table 69. CSCC(Beijing)Financial Information Service Co.,Ltd. Key News & Latest Developments
List of Figures
Figure 1. Financial Services Cloud Segment by Type in 2022
Figure 2. Financial Services Cloud Segment by Application in 2022
Figure 3. Global Financial Services Cloud Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Financial Services Cloud Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Financial Services Cloud Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Financial Services Cloud Revenue in 2022
Figure 8. By Type - Global Financial Services Cloud Revenue Market Share, 2018-2029
Figure 9. By Application - Global Financial Services Cloud Revenue Market Share, 2018-2029
Figure 10. By Type - Global Financial Services Cloud Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Financial Services Cloud Revenue Market Share, 2018-2029
Figure 12. By Application - Global Financial Services Cloud Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Financial Services Cloud Revenue Market Share, 2018-2029
Figure 14. By Region - Global Financial Services Cloud Revenue Market Share, 2018-2029
Figure 15. By Country - North America Financial Services Cloud Revenue Market Share, 2018-2029
Figure 16. US Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Financial Services Cloud Revenue Market Share, 2018-2029
Figure 20. Germany Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 21. France Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Financial Services Cloud Revenue Market Share, 2018-2029
Figure 28. China Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 32. India Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Financial Services Cloud Revenue Market Share, 2018-2029
Figure 34. Brazil Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Financial Services Cloud Revenue Market Share, 2018-2029
Figure 37. Turkey Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Financial Services Cloud Revenue, (US$, Mn), 2018-2029
Figure 41. Salesforce Financial Services Cloud Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Microsoft Financial Services Cloud Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. IBM Financial Services Cloud Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Amazon Web Services Financial Services Cloud Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Infosys Financial Services Cloud Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Oracle Financial Services Cloud Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Google Cloud Financial Services Cloud Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Tencent Financial Services Cloud Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Huawei Financial Services Cloud Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. CSCC(Beijing)Financial Information Service Co.,Ltd. Financial Services Cloud Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
