A $ 60 billion global financial cloud opportunity by 2026

FACTS AT A GLANCE
Editing: 9; Posted: May 2021
Executive pool: 73191
Companies: 12 – Players covered include Amazon Web Services, Inc .; Capgemini SE; Computer Science Society (CSC); Google LLC; Huawei Technologies Co., Ltd. ; IBM Corporation; Microsoft Corporation; Oracle Corporation; Salesforce.com, Inc .; SAP SE and others.
Blanket: All major geographies and key segments
Segments: Solution (Financial reports and analyzes, financial forecasts, security, governance, risks and compliance, other solutions)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.

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ABSTRACT-

Global Financial Cloud Market to Reach 60 billion dollars by 2026
In the midst of the COVID-19 crisis, the global Finance Cloud market is estimated at US $ 18.4 billion in 2020, is expected to reach a revised size of 60 billion US dollars by 2026, with a CAGR of 21.4% over the analysis period. Financial information and analysis, one of the segments analyzed in the report, is expected to register a CAGR of 22.4% and reach US $ 18.2 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the financial forecast segment is readjusted to a revised CAGR of 24.7% for the next 7-year period.

The US market is estimated at $ 6.9 billion in 2021, when China is expected to reach $ 10.5 billion by 2026
The Finance Cloud market in the United States is estimated at US $ 6.9 billion in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 10.5 billion by 2026, with a CAGR of 20.9% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 19.2% and 18.1% respectively over the analysis period. In Europe, Germany is expected to grow at around 14.8% CAGR.

Safety segment to be achieved US $ 18.6 billion by 2026
In the global security segment, United States, Canada, Japan, China and Europe will drive the estimated 21.5% CAGR for this segment. These regional markets representing a combined market size of US $ 4.5 billion in 2020 will reach a projected size of US $ 17.7 billion before the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Following

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