The UK's Core Banking Solutions Market (2022-2027) by Type, Deployment Mode, Enterprise Size, and End-User, IGR Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis

The UK's Core Banking Solutions Market (2022-2027) by Type, Deployment Mode, Enterprise Size, and End-User, IGR Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis

Introduction

The UK's Core Banking Solutions Market is estimated to be USD 749.89 Mn in 2022 and is expected to reach USD 1597.56 Mn by 2027, growing at a CAGR of 16.33%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the UK's Core Banking Solutions Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The UK's Core Banking Solutions Market is segmented based on Type, Deployment Mode, Enterprise Size, and End-User.
By Type, the market is classified into Enterprise Consumer Solutions, Loans, Deposits, and Others.
By Deployment Mode, the market is classified into On Premises and Cloud.
By Enterprise Size, the market is classified into Small Size Enterprise, Medium Size Enterprise, and Large Size Enterprise.
By End-User, the market is classified into Banks, Credit Union and Community Banks, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Alphabet Inc. (Google LLC), Fiserv, Inc., SAP SE, Tata Consultancy Services Limited, Wipro Limited, etc.

IGR Competitive Quadrant

The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the UK's Core Banking Solutions Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
Infogence Global Research analyses the UK's Core Banking Solutions Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, Infogence Global Research has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the UK's Core Banking Solutions Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence's Proprietary competitive positioning tool.
Report Highlights:
  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market


Companies Mentioned

Alphabet Inc. (Google LLC)
Capgemini SE
Computer Services, Inc. (CSI)
Fidelity National Information Services, Inc. (FIS)
Finastra
Fiserv, Inc.
HCL Technologies Limited
Infosys Limited
Intellicus Technologies
International Business Machines Corporation (IBM)
Jack Henry & Associates, Inc.
Microsoft Corporation
NCR Corporation
Oracle Corporation
SAP SE
Tata Consultancy Services Limited
Unisys Corporation
Wipro Limited

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 IGR Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Demand for Automation in the Banking
4.1.2 Focus on Offering Value-Added Services
4.1.3 Increase in Trend of Buy-Now-Pay-Later
4.1.4 Rise in Government Initiatives Toward Adoption of Digital Platform
4.2 Restraints
4.2.1 Complex and Expensive System
4.2.2 Excessive Reliance on Technology
4.3 Opportunities
4.3.1 Specialized Applications of AI, Blockchain, Big Data,
4.3.2 The Emergence of Several Next-Generation Banks
4.4 Challenges
4.4.1 Lack of Awareness about Modern Banking Technologies
4.4.2 Data Security and Privacy Concerns Due to Increasing Cyber-Attacks
4.4.3 Lack of Appropriate Software Selection Methodology
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 UK's Core Banking Solutions Market, By Type
6.1 Introduction
6.2 Enterprise Consumer Solutions
6.3 Loans
6.4 Deposits
6.5 Others
7 UK's Core Banking Solutions Market, By Deployment Mode
7.1 Introduction
7.2 On Premises
7.3 Cloud
8 UK's Core Banking Solutions Market, By Enterprise Size
8.1 Introduction
8.2 Small Size Enterprise
8.3 Medium Size Enterprise
8.4 Large Size Enterprise
9 UK's Core Banking Solutions Market, By End-User
9.1 Introduction
9.2 Banks
9.3 Credit Union and Community Banks
9.4 Others
10 Competitive Landscape
10.1 IGR Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 Alphabet Inc. (Google LLC)
11.2 Capgemini SE
11.3 Computer Services, Inc. (CSI)
11.4 Fidelity National Information Services, Inc. (FIS)
11.5 Finastra
11.6 Fiserv, Inc.
11.7 HCL Technologies Limited
11.8 Infosys Limited
11.9 Intellicus Technologies
11.10 International Business Machines Corporation (IBM)
11.11 Jack Henry & Associates, Inc.
11.12 Microsoft Corporation
11.13 NCR Corporation
11.14 Oracle Corporation
11.15 SAP SE
11.16 Tata Consultancy Services Limited
11.17 Unisys Corporation
11.18 Wipro Limited
12 Appendix
12.1 Questionnaire

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