ICT adoption in BFSI sector projected to grow at 13.63% CAGR through 2030
From GlobeNewswire: 2025-04-23 09:00:00
QKS Group has released research on the growing influence of ICT in the BFSI industry, projecting a 13.63% CAGR through 2030. The sector is adopting technologies for frictionless experiences, risk analysis, automation, and ecosystem services. Key domains like Banking & Financial Services, Analytics, AI, and more are crucial for digital transformation.
Vice President Divya Baranawal notes BFSI enterprises are evolving into digital ecosystems, offering personalized banking and real-time financial experiences. Providers must offer scalable, compliant, AI-driven platforms. Top ICT vendors like Salesforce, Oracle, SAP, and more are driving transformation in BFSI with advanced technologies and solutions.
QKS Group’s report provides insights on ICT in the BFSI industry, including market analysis, competitive benchmarking, and technology disruption trends. Artificial intelligence, cloud infrastructure, and analytics are driving innovations in fraud prevention, credit scoring, and more. Vendors must adapt to evolving customer expectations and regulatory demands with future-ready technology.
The report profiles top ICT vendors driving transformation in the BFSI industry, including Salesforce, Oracle, SAP, Temenos, FIS, Fiserv, Microsoft, IBM, and more. As the BFSI sector moves towards open finance and intelligent automation, vendors must deliver integrated platforms to meet customer needs and regulatory requirements.
QKS Group offers a comprehensive research package on ICT in the BFSI industry, including market forecasts, competitive analysis, and advisory sessions. The report covers global and regional market analysis, competitive benchmarking, industry adoption trends, and technology disruption insights. Vendors must stay ahead by offering agile, secure, and personalized solutions to meet evolving market demands.
Read more at GlobeNewswire: ICT Adoption in BFSI Sector Set to Accelerate, Projected to