Product Code: A16647
Banking data analytics is the use of different tools and technologies to gather, process, and analyze raw data within the banking business, as well as the use of data analytics. Customer segmentation, credit risk management, and fraud detection are examples of banking analytics. In addition, as banking products become more commoditized, analytics can help banks stand out and achieve a competitive advantage. Moreover, open channels and access are required by banks in order for analytical information to flow freely throughout the organization.
The growth of the data analytics market is fueled by an increase in the adoption of big data analytics across various industries such as BFSI, retail, and manufacturing to gain valuable insights, as well as a surge in demand for statistical analysis due to the massive volume of unstructured data generated by various organizations. Moreover, the market's growth is aided by an increase in demand for data science and predictive modeling. However, the market's expansion is likely to be hampered by a shortage of experienced personnel and expensive implementation costs. In contrast, the advent of sophisticated technologies such as IoT and AI is likely to give significant chances for the data analytics market to grow in the coming years.
The data analytics in banking market is segmented into component, deployment mode, type, application, organization size, and region. By component, the market is differentiated into solution and services. The services segment is further segregated into implementation & integration services training & support service, and consulting service. Depending on deployment model, it is fragmented into on-premise and cloud. By organization size, it is fragmented into large enterprise and small & medium sized enterprises. By type, the market is differentiated into predictive analytics, prescriptive analytics, descriptive analytics, and others. The applications covered in the study includes fraud detection & prevention, customer management, sales & marketing, workforce management, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The data analytics in banking market analysis includes top companies operating in the market such as Adobe Inc., Alteryx, Inc., Amazon Web Services, Inc., Aspire systems, Dell Inc., Google, IBM, Microsoft Corporation, Mu Sigma, Oracle, SAP SE, SAS Institute Inc., Sisense Inc., Tableau Software, LLC (Salesforce), Zoho Corporation Pvt. Ltd, KNIME AG, and TIBCO Software Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the data analytics in banking industry.
Key Benefits For Stakeholders
- The study provides in-depth analysis of the global data analytics in banking market along with the current trends and future estimations to illustrate the imminent investment pockets.
- Information about key drivers, restrains, & opportunities and their impact analysis on the global data analytics in banking market size are provided in the report.
- The Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global data analytics in banking market from 2021 to 2031 is provided to determine the market potential.
Key Market Segments
By Application
- Fraud Detection Prevention
- Customer Management
- Sales Marketing
- Workforce Management
- Others
By Component
By Deployment Model
By Organization Size
- Large Enterprises
- Small Medium Sized Enterprises
By Type
- Predictive Analytics
- Prescriptive Analytics
- Descriptive Analytics
- Others
By Region
- North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Adobe Inc.
- Alteryx, Inc.
- Amazon Web Services, Inc.
- Aspire Systems
- Dell Inc.
- Google
- IBM
- Microsoft Corporation
- Mu Sigma
- Oracle Corporation
- SAP SE
- SAS Institute Inc.
- Sisense Inc.
- Tableau software, LLC (Salesforce)
- Zoho Corporation Pvt. Ltd
- KNIME AG
- TIBCO Software Inc.
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: DATA ANALYTICS IN BANKING MARKET, BY COMPONENT
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Solution
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Services
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
CHAPTER 5: DATA ANALYTICS IN BANKING MARKET, BY DEPLOYMENT MODEL
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 On-Premise
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Cloud
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
CHAPTER 6: DATA ANALYTICS IN BANKING MARKET, BY ORGANIZATION SIZE
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Large Enterprises
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 Small & Medium Sized Enterprises
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
CHAPTER 7: DATA ANALYTICS IN BANKING MARKET, BY TYPE
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Predictive Analytics
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market analysis by country
- 7.3 Prescriptive Analytics
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market analysis by country
- 7.4 Descriptive Analytics
- 7.4.1 Key market trends, growth factors and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market analysis by country
- 7.5 Others
- 7.5.1 Key market trends, growth factors and opportunities
- 7.5.2 Market size and forecast, by region
- 7.5.3 Market analysis by country
CHAPTER 8: DATA ANALYTICS IN BANKING MARKET, BY APPLICATION
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 Fraud Detection & Prevention
- 8.2.1 Key market trends, growth factors and opportunities
- 8.2.2 Market size and forecast, by region
- 8.2.3 Market analysis by country
- 8.3 Customer Management
- 8.3.1 Key market trends, growth factors and opportunities
- 8.3.2 Market size and forecast, by region
- 8.3.3 Market analysis by country
- 8.4 Sales & Marketing
- 8.4.1 Key market trends, growth factors and opportunities
- 8.4.2 Market size and forecast, by region
- 8.4.3 Market analysis by country
- 8.5 Workforce Management
- 8.5.1 Key market trends, growth factors and opportunities
- 8.5.2 Market size and forecast, by region
- 8.5.3 Market analysis by country
- 8.6 Others
- 8.6.1 Key market trends, growth factors and opportunities
- 8.6.2 Market size and forecast, by region
- 8.6.3 Market analysis by country
CHAPTER 9: DATA ANALYTICS IN BANKING MARKET, BY REGION
- 9.1 Overview
- 9.1.1 Market size and forecast
- 9.2 North America
- 9.2.1 Key trends and opportunities
- 9.2.2 North America Market size and forecast, by Component
- 9.2.3 North America Market size and forecast, by Deployment Model
- 9.2.4 North America Market size and forecast, by Organization Size
- 9.2.5 North America Market size and forecast, by Type
- 9.2.6 North America Market size and forecast, by Application
- 9.2.7 North America Market size and forecast, by country
- 9.2.7.1 U.S.
- 9.2.7.1.1 Market size and forecast, by Component
- 9.2.7.1.2 Market size and forecast, by Deployment Model
- 9.2.7.1.3 Market size and forecast, by Organization Size
- 9.2.7.1.4 Market size and forecast, by Type
- 9.2.7.1.5 Market size and forecast, by Application
- 9.2.7.2 Canada
- 9.2.7.2.1 Market size and forecast, by Component
- 9.2.7.2.2 Market size and forecast, by Deployment Model
- 9.2.7.2.3 Market size and forecast, by Organization Size
- 9.2.7.2.4 Market size and forecast, by Type
- 9.2.7.2.5 Market size and forecast, by Application
- 9.3 Europe
- 9.3.1 Key trends and opportunities
- 9.3.2 Europe Market size and forecast, by Component
- 9.3.3 Europe Market size and forecast, by Deployment Model
- 9.3.4 Europe Market size and forecast, by Organization Size
- 9.3.5 Europe Market size and forecast, by Type
- 9.3.6 Europe Market size and forecast, by Application
- 9.3.7 Europe Market size and forecast, by country
- 9.3.7.1 United Kingdom
- 9.3.7.1.1 Market size and forecast, by Component
- 9.3.7.1.2 Market size and forecast, by Deployment Model
- 9.3.7.1.3 Market size and forecast, by Organization Size
- 9.3.7.1.4 Market size and forecast, by Type
- 9.3.7.1.5 Market size and forecast, by Application
- 9.3.7.2 Germany
- 9.3.7.2.1 Market size and forecast, by Component
- 9.3.7.2.2 Market size and forecast, by Deployment Model
- 9.3.7.2.3 Market size and forecast, by Organization Size
- 9.3.7.2.4 Market size and forecast, by Type
- 9.3.7.2.5 Market size and forecast, by Application
- 9.3.7.3 France
- 9.3.7.3.1 Market size and forecast, by Component
- 9.3.7.3.2 Market size and forecast, by Deployment Model
- 9.3.7.3.3 Market size and forecast, by Organization Size
- 9.3.7.3.4 Market size and forecast, by Type
- 9.3.7.3.5 Market size and forecast, by Application
- 9.3.7.4 Italy
- 9.3.7.4.1 Market size and forecast, by Component
- 9.3.7.4.2 Market size and forecast, by Deployment Model
- 9.3.7.4.3 Market size and forecast, by Organization Size
- 9.3.7.4.4 Market size and forecast, by Type
- 9.3.7.4.5 Market size and forecast, by Application
- 9.3.7.5 Spain
- 9.3.7.5.1 Market size and forecast, by Component
- 9.3.7.5.2 Market size and forecast, by Deployment Model
- 9.3.7.5.3 Market size and forecast, by Organization Size
- 9.3.7.5.4 Market size and forecast, by Type
- 9.3.7.5.5 Market size and forecast, by Application
- 9.3.7.6 Russia
- 9.3.7.6.1 Market size and forecast, by Component
- 9.3.7.6.2 Market size and forecast, by Deployment Model
- 9.3.7.6.3 Market size and forecast, by Organization Size
- 9.3.7.6.4 Market size and forecast, by Type
- 9.3.7.6.5 Market size and forecast, by Application
- 9.3.7.7 Rest of Europe
- 9.3.7.7.1 Market size and forecast, by Component
- 9.3.7.7.2 Market size and forecast, by Deployment Model
- 9.3.7.7.3 Market size and forecast, by Organization Size
- 9.3.7.7.4 Market size and forecast, by Type
- 9.3.7.7.5 Market size and forecast, by Application
- 9.4 Asia-Pacific
- 9.4.1 Key trends and opportunities
- 9.4.2 Asia-Pacific Market size and forecast, by Component
- 9.4.3 Asia-Pacific Market size and forecast, by Deployment Model
- 9.4.4 Asia-Pacific Market size and forecast, by Organization Size
- 9.4.5 Asia-Pacific Market size and forecast, by Type
- 9.4.6 Asia-Pacific Market size and forecast, by Application
- 9.4.7 Asia-Pacific Market size and forecast, by country
- 9.4.7.1 China
- 9.4.7.1.1 Market size and forecast, by Component
- 9.4.7.1.2 Market size and forecast, by Deployment Model
- 9.4.7.1.3 Market size and forecast, by Organization Size
- 9.4.7.1.4 Market size and forecast, by Type
- 9.4.7.1.5 Market size and forecast, by Application
- 9.4.7.2 Japan
- 9.4.7.2.1 Market size and forecast, by Component
- 9.4.7.2.2 Market size and forecast, by Deployment Model
- 9.4.7.2.3 Market size and forecast, by Organization Size
- 9.4.7.2.4 Market size and forecast, by Type
- 9.4.7.2.5 Market size and forecast, by Application
- 9.4.7.3 India
- 9.4.7.3.1 Market size and forecast, by Component
- 9.4.7.3.2 Market size and forecast, by Deployment Model
- 9.4.7.3.3 Market size and forecast, by Organization Size
- 9.4.7.3.4 Market size and forecast, by Type
- 9.4.7.3.5 Market size and forecast, by Application
- 9.4.7.4 Australia
- 9.4.7.4.1 Market size and forecast, by Component
- 9.4.7.4.2 Market size and forecast, by Deployment Model
- 9.4.7.4.3 Market size and forecast, by Organization Size
- 9.4.7.4.4 Market size and forecast, by Type
- 9.4.7.4.5 Market size and forecast, by Application
- 9.4.7.5 South Korea
- 9.4.7.5.1 Market size and forecast, by Component
- 9.4.7.5.2 Market size and forecast, by Deployment Model
- 9.4.7.5.3 Market size and forecast, by Organization Size
- 9.4.7.5.4 Market size and forecast, by Type
- 9.4.7.5.5 Market size and forecast, by Application
- 9.4.7.6 Singapore
- 9.4.7.6.1 Market size and forecast, by Component
- 9.4.7.6.2 Market size and forecast, by Deployment Model
- 9.4.7.6.3 Market size and forecast, by Organization Size
- 9.4.7.6.4 Market size and forecast, by Type
- 9.4.7.6.5 Market size and forecast, by Application
- 9.4.7.7 Rest of Asia-Pacific
- 9.4.7.7.1 Market size and forecast, by Component
- 9.4.7.7.2 Market size and forecast, by Deployment Model
- 9.4.7.7.3 Market size and forecast, by Organization Size
- 9.4.7.7.4 Market size and forecast, by Type
- 9.4.7.7.5 Market size and forecast, by Application
- 9.5 LAMEA
- 9.5.1 Key trends and opportunities
- 9.5.2 LAMEA Market size and forecast, by Component
- 9.5.3 LAMEA Market size and forecast, by Deployment Model
- 9.5.4 LAMEA Market size and forecast, by Organization Size
- 9.5.5 LAMEA Market size and forecast, by Type
- 9.5.6 LAMEA Market size and forecast, by Application
- 9.5.7 LAMEA Market size and forecast, by country
- 9.5.7.1 Latin America
- 9.5.7.1.1 Market size and forecast, by Component
- 9.5.7.1.2 Market size and forecast, by Deployment Model
- 9.5.7.1.3 Market size and forecast, by Organization Size
- 9.5.7.1.4 Market size and forecast, by Type
- 9.5.7.1.5 Market size and forecast, by Application
- 9.5.7.2 Middle East
- 9.5.7.2.1 Market size and forecast, by Component
- 9.5.7.2.2 Market size and forecast, by Deployment Model
- 9.5.7.2.3 Market size and forecast, by Organization Size
- 9.5.7.2.4 Market size and forecast, by Type
- 9.5.7.2.5 Market size and forecast, by Application
- 9.5.7.3 Africa
- 9.5.7.3.1 Market size and forecast, by Component
- 9.5.7.3.2 Market size and forecast, by Deployment Model
- 9.5.7.3.3 Market size and forecast, by Organization Size
- 9.5.7.3.4 Market size and forecast, by Type
- 9.5.7.3.5 Market size and forecast, by Application
CHAPTER 10: COMPANY LANDSCAPE
- 10.1. Introduction
- 10.2. Top winning strategies
- 10.3. Product Mapping of Top 10 Player
- 10.4. Competitive Dashboard
- 10.5. Competitive Heatmap
- 10.6. Key developments
CHAPTER 11: COMPANY PROFILES
- 11.1 Adobe Inc.
- 11.1.1 Company overview
- 11.1.2 Company snapshot
- 11.1.3 Operating business segments
- 11.1.4 Product portfolio
- 11.1.5 Business performance
- 11.1.6 Key strategic moves and developments
- 11.2 Alteryx, Inc.
- 11.2.1 Company overview
- 11.2.2 Company snapshot
- 11.2.3 Operating business segments
- 11.2.4 Product portfolio
- 11.2.5 Business performance
- 11.2.6 Key strategic moves and developments
- 11.3 Amazon Web Services, Inc.
- 11.3.1 Company overview
- 11.3.2 Company snapshot
- 11.3.3 Operating business segments
- 11.3.4 Product portfolio
- 11.3.5 Business performance
- 11.3.6 Key strategic moves and developments
- 11.4 Aspire Systems
- 11.4.1 Company overview
- 11.4.2 Company snapshot
- 11.4.3 Operating business segments
- 11.4.4 Product portfolio
- 11.4.5 Business performance
- 11.4.6 Key strategic moves and developments
- 11.5 Dell Inc.
- 11.5.1 Company overview
- 11.5.2 Company snapshot
- 11.5.3 Operating business segments
- 11.5.4 Product portfolio
- 11.5.5 Business performance
- 11.5.6 Key strategic moves and developments
- 11.6 Google
- 11.6.1 Company overview
- 11.6.2 Company snapshot
- 11.6.3 Operating business segments
- 11.6.4 Product portfolio
- 11.6.5 Business performance
- 11.6.6 Key strategic moves and developments
- 11.7 IBM
- 11.7.1 Company overview
- 11.7.2 Company snapshot
- 11.7.3 Operating business segments
- 11.7.4 Product portfolio
- 11.7.5 Business performance
- 11.7.6 Key strategic moves and developments
- 11.8 Microsoft Corporation
- 11.8.1 Company overview
- 11.8.2 Company snapshot
- 11.8.3 Operating business segments
- 11.8.4 Product portfolio
- 11.8.5 Business performance
- 11.8.6 Key strategic moves and developments
- 11.9 Mu Sigma
- 11.9.1 Company overview
- 11.9.2 Company snapshot
- 11.9.3 Operating business segments
- 11.9.4 Product portfolio
- 11.9.5 Business performance
- 11.9.6 Key strategic moves and developments
- 11.10 Oracle Corporation
- 11.10.1 Company overview
- 11.10.2 Company snapshot
- 11.10.3 Operating business segments
- 11.10.4 Product portfolio
- 11.10.5 Business performance
- 11.10.6 Key strategic moves and developments
- 11.11 SAP SE
- 11.11.1 Company overview
- 11.11.2 Company snapshot
- 11.11.3 Operating business segments
- 11.11.4 Product portfolio
- 11.11.5 Business performance
- 11.11.6 Key strategic moves and developments
- 11.12 SAS Institute Inc.
- 11.12.1 Company overview
- 11.12.2 Company snapshot
- 11.12.3 Operating business segments
- 11.12.4 Product portfolio
- 11.12.5 Business performance
- 11.12.6 Key strategic moves and developments
- 11.13 Sisense Inc.
- 11.13.1 Company overview
- 11.13.2 Company snapshot
- 11.13.3 Operating business segments
- 11.13.4 Product portfolio
- 11.13.5 Business performance
- 11.13.6 Key strategic moves and developments
- 11.14 Tableau software, LLC (Salesforce)
- 11.14.1 Company overview
- 11.14.2 Company snapshot
- 11.14.3 Operating business segments
- 11.14.4 Product portfolio
- 11.14.5 Business performance
- 11.14.6 Key strategic moves and developments
- 11.15 Zoho Corporation Pvt. Ltd
- 11.15.1 Company overview
- 11.15.2 Company snapshot
- 11.15.3 Operating business segments
- 11.15.4 Product portfolio
- 11.15.5 Business performance
- 11.15.6 Key strategic moves and developments
- 11.16 KNIME AG
- 11.16.1 Company overview
- 11.16.2 Company snapshot
- 11.16.3 Operating business segments
- 11.16.4 Product portfolio
- 11.16.5 Business performance
- 11.16.6 Key strategic moves and developments
- 11.17 TIBCO Software Inc.
- 11.17.1 Company overview
- 11.17.2 Company snapshot
- 11.17.3 Operating business segments
- 11.17.4 Product portfolio
- 11.17.5 Business performance
- 11.17.6 Key strategic moves and developments