PUBLISHER: IMARC | PRODUCT CODE: 1298728
PUBLISHER: IMARC | PRODUCT CODE: 1298728
Finance Cloud Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global finance cloud market size reached US$ 33.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 109.6 Billion by 2028, exhibiting a growth rate (CAGR) of 21% during 2023-2028.
Finance cloud is an integrated platform that allows users to automate, streamline, simplify, and evaluate various financial operations using core information technology (IT) and flexible software as a service (SaaS) solution. It is usually offered on a subscription basis and helps eliminate large, upfront capital expenditures for systems software, computer hardware, and accounting application software licenses. Nowadays, it is gaining adoption in large finance organizations worldwide as the finance cloud delivers a higher return on investment (ROI), multi-dimensional financial analysis, and mobile access to enterprise collaboration.
Finance Cloud Market Trends:
Finance companies are currently focusing on digitally transforming their financial software services operations with contemporary cloud and IT modernization standards for better data mining, automation, and security. This represents one of the key factors promoting the adoption of the finance cloud to create a single customer database for automating billing, revenue management, and other core financial processes. Besides this, an on-premises system is a laborious process that results in massive miscommunication and waste of time as well as resources. As a result, businesses are shifting workloads from on-premises hardware to cloud financial management as it provides access to the data from anywhere in real-time. Moreover, the escalating need for cloud solutions for financial services, such as core banking, customer experience, point of sale (POS), and digital payments, amid the coronavirus disease (COVID-19) pandemic is influencing the market positively. Apart from this, due to the growing instances of data breaches, service providers are providing multilayered security, such as identity management, network security, and threat detection and response. This helps protect sensitive data, including customer Personal Identifiable Information (PII), records, transaction data, and payment card information,
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global finance cloud market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, deployment model, enterprise size and application.
Breakup by Type:
Solution
Financial Forecasting
Financial Reporting and Analysis
Security
Governance, Risk, and Compliance
Others
Service
Professional Services
Managed Services
Breakup by Deployment Model:
Public Cloud
Private Cloud
Hybrid Cloud
Breakup by Enterprise Size:
Large Enterprises
Small and Medium-sized Enterprises
Breakup by Application:
Wealth Management
Revenue Management
Account Management
Customer Relationship Management
Asset Management
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Acumatica Inc., Amazon Web Services Inc. (Amazon.com Inc.), Aryaka Networks Inc., Capgemini SE, Cerillion, Cisco Systems Inc., Google LLC (Alphabet Inc.), International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Rapidscale Inc. (Cox Business Services LLC) and Salesforce.com Inc.
Key Questions Answered in This Report
1. What was the size of the global finance cloud market in 2022?
2. What is the expected growth rate of the global finance cloud market during 2023-2028?
3. What are the key factors driving the global finance cloud market?
4. What has been the impact of COVID-19 on the global finance cloud market?
5. What is the breakup of the global finance cloud market based on the type?
6. What is the breakup of the global finance cloud market based on the deployment model?
7. What is the breakup of the global finance cloud market based on the application?
8. What are the key regions in the global finance cloud market?
9. Who are the key players/companies in the global finance cloud market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Finance Cloud Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Solution
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Financial Forecasting
- 6.1.2.2 Financial Reporting and Analysis
- 6.1.2.3 Security
- 6.1.2.4 Governance, Risk, and Compliance
- 6.1.2.5 Others
- 6.1.3 Market Forecast
- 6.2 Service
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 Professional Services
- 6.2.2.2 Managed Services
- 6.2.3 Market Forecast
7 Market Breakup by Deployment Model
- 7.1 Public Cloud
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Private Cloud
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Hybrid Cloud
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Enterprise Size
- 8.1 Large Enterprises
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Small and Medium-sized Enterprises
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Application
- 9.1 Wealth Management
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Revenue Management
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Account Management
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Customer Relationship Management
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Asset Management
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Others
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Acumatica Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Amazon Web Services Inc. (Amazon.com Inc.)
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 SWOT Analysis
- 15.3.3 Aryaka Networks Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Capgemini
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Cerillion
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.6 Cisco Systems Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Google LLC (Alphabet Inc.)
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 SWOT Analysis
- 15.3.8 International Business Machines Corporation
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Microsoft Corporation
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Oracle Corporation
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 Rapidscale Inc. (Cox Business Services LLC)
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Salesforce.com Inc.
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
- 15.3.1 Acumatica Inc.
List of Figures
- Figure 1: Global: Finance Cloud Market: Major Drivers and Challenges
- Figure 2: Global: Finance Cloud Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Finance Cloud Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Finance Cloud Market: Breakup by Type (in %), 2022
- Figure 5: Global: Finance Cloud Market: Breakup by Deployment Model (in %), 2022
- Figure 6: Global: Finance Cloud Market: Breakup by Enterprise Size (in %), 2022
- Figure 7: Global: Finance Cloud Market: Breakup by Application (in %), 2022
- Figure 8: Global: Finance Cloud Market: Breakup by Region (in %), 2022
- Figure 9: Global: Finance Cloud (Solution) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Finance Cloud (Solution) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Finance Cloud (Service) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Finance Cloud (Service) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Finance Cloud (Public Cloud) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Finance Cloud (Public Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Finance Cloud (Private Cloud) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Finance Cloud (Private Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Finance Cloud (Hybrid Cloud) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Finance Cloud (Hybrid Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Finance Cloud (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Finance Cloud (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Finance Cloud (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Finance Cloud (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Finance Cloud (Wealth Management) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Finance Cloud (Wealth Management) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Finance Cloud (Revenue Management) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Finance Cloud (Revenue Management) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Finance Cloud (Account Management) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Finance Cloud (Account Management) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Finance Cloud (Customer Relationship Management) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Finance Cloud (Customer Relationship Management) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Finance Cloud (Asset Management) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Finance Cloud (Asset Management) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Finance Cloud (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Finance Cloud (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: North America: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: North America: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: United States: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: United States: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Canada: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Canada: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Asia-Pacific: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Asia-Pacific: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: China: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: China: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Japan: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Japan: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: India: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: India: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: South Korea: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: South Korea: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Australia: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Australia: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Indonesia: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Indonesia: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Others: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Others: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Europe: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Europe: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Germany: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Germany: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: France: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: France: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: United Kingdom: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: United Kingdom: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Italy: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Italy: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Spain: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Spain: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Russia: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Russia: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Others: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Others: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Latin America: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Latin America: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Brazil: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Brazil: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Mexico: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Mexico: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Others: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Others: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Middle East and Africa: Finance Cloud Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Middle East and Africa: Finance Cloud Market: Breakup by Country (in %), 2022
- Figure 83: Middle East and Africa: Finance Cloud Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Global: Finance Cloud Industry: SWOT Analysis
- Figure 85: Global: Finance Cloud Industry: Value Chain Analysis
- Figure 86: Global: Finance Cloud Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Finance Cloud Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Finance Cloud Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Finance Cloud Market Forecast: Breakup by Deployment Model (in Million US$), 2023-2028
- Table 4: Global: Finance Cloud Market Forecast: Breakup by Enterprise Size (in Million US$), 2023-2028
- Table 5: Global: Finance Cloud Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 6: Global: Finance Cloud Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Finance Cloud Market: Competitive Structure
- Table 8: Global: Finance Cloud Market: Key Players
