TechNavio today launched its report Banking IT Market in China 2011-2015 based on an in-depth study focusing exclusively on China. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s IT Services team said: ”The market consolidation and increasing adoption of mobile banking are two of the major trends contributing to the growth of the market. Thus, the Banking IT market in China is rapidly developing and highly competitive, promising a future of sustained growth and development.”
According to the report, one of the major drivers for this market is the availability of advanced banking solutions to improve the banking IT infrastructure in the country. With the availability of Web 2.0 online banking sites, rich internet applications, cloud computing, and virtualization solutions, the market is expected to sustain growth in the coming years.
Further, the report also discusses that the migration from legacy systems to advanced platforms is expected to remain one of the major issues during the forecast period.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit http://goo.gl/Hkq1B
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our IT Services market research, please visit https://www.technavio.com/it-services
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TechNavio Announces the Publication of its Report – Banking IT Market in China 2011-2015
