Banking Hardware Maintenance Market Is Poised To Grow At A CAGR of 7.5% to 2021

1. Downloaded from: justpaste.it/758lm Banking Hardware Maintenance, Software Support and Helpdesk Support Services Market Worth USD 10.4 Billion By 2021 - MarketsandMarkets™ Banking Hardware Maintenance, Software Support and Helpdesk Support Services Market The Report "Banking Hardware Maintenance, Software Support and Helpdesk Support Services Market by Key Trends and Statistics, Regional Perspective, Market Size Estimation, Vendor Insights, Partnership Opportunities and Competitive Landscape - Global Forecast to 2021", projects that maintenance and support services market for major hardware devices and equipment for retail banks will grow from USD 8.4 billion in 2018 to USD 10.4 billion by 2021 at the Compound Annual Growth Rate (CAGR) of 7.5%. Key factors that drive the growth of this market include focus to improve IT infrastructure and capabilities, emphasis around offering enriched customer experience, and improving operational and supply chain efficiencies. Browse 14 market data Tables and 15 Figures spread through 74 Pages and in-depth TOC on "Banking Hardware Maintenance, Software Support and Helpdesk Support Services Market by Key Trends and Statistics, Regional Perspective, Market Size Estimation, Vendor Insights, Partnership Opportunities and Competitive Landscape - Global Forecast to 2021" Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=255123529 Developing countries to drive adoption of banking infrastructure; advanced countries to focus on automation Countries like Indonesia, Brazil, and Turkey are expanding their banking infrastructure further fueled by population growth. The banks in these countries will spend more on procuring hardware and software to expand bank networks and in-branch hardware/software maintenance services to maintain the infrastructure. Banks in countries such as China, India, Canada, and Japan are aligning their resources to incorporate technological advances and have not showcased significant changes in their spending patterns. In countries such as the US, Russia, France, and Germany; the banks focus on automation to sustain competition and reduce costs. However, in these countries, population growth is slow and number of branches is reducing. Focus on improving customer experience, operational efficiency and supply chain management Retail banking institutions across the globe have adopted advanced solutions such as latest ATMs, digital signage systems, and kiosks to improve customer satisfaction and acquire new customers. These solutions empower banking leaders to track and manage diverse customer

2. touch points for consistent customer experience. Banks focus on minimizing equipment breakdown that lead to customer dissatisfaction and loss of operational efficiency. Retail banking institutions also utilize advanced analytical capabilities for enhanced risk mitigation and higher operational efficiency. Retail banks collaborate with suppliers and partners for skill development, improve supply chain management efficiency, and to strengthen supplier network. Key vendors offer solutions and services to retail banks globally include NCR (US), Oki Electric (Japan), Diebold Nixdorf (US), Wincor Nixdorf (Germany), Loomis (US), and Global Glory (Japan). The study includes an in-depth competitive analysis of the key players with insights around business overviews, financial positioning, recent developments and case studies. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model —GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062

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