According to a recent report published by Allied Market Research, titled, “UAE Core Banking Solutions Market by Component (Solution and Service), Deployment Model (On-Premise and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises [SMEs]), Solution Type (Enterprise Customer Solutions, Loans, Deposits, and Others), and End User (Banks, Credit Unions & Community Banks, and Others): Opportunity Analysis and Industry Forecast, 2020–2027,” the UAE core banking solutions market size was valued at $59.27 million in 2019, and is projected to reach $209.35 million by 2027, growing at a CAGR of 17.3% from 2020 to 2027.
The market report covers an array of growth factors of the industry along with severe challenges and impeding factors that might deter the UAE Core Banking Solutions Market growth. This study helps new market entrants and manufacturers concoct proper plans for potential challenges and look for opportunities to build up their market stance.
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KEY MARKET PLAYERS:
The major players profiled in the report are Capital Banking Solutions, EdgeVerve Systems Limited, Finastra, Fiserv, Inc., NCR Corporation, Oracle, SAP SE, SDK.finance, Tata Consultancy Services Limited, and Temenos Headquarters SA.
Understanding the competitors’ key operating strategies, business performance in the past, and product & service portfolio is important to frame better business strategies to gain the competitive advantage. This report offers the extensive analysis of key players active in the global UAE Core Banking Solutions Market. These players have adopted various strategies for expansion and development including joint ventures, mergers and acquisitions, collaborations and if required spin offs to gain a strong position in the market.
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The report offers detailed information regarding major end-users and annual forecasts from 2021 to 2028. In addition, it presents revenue forecasts for each year along with sales and sales growth of the market. The forecasts are offered by a thorough study of the UAE Core Banking Solutions Market by proficient analysts concerning geographical assessment of the market. These forecasts are beneficial to gain deep insight on the future prospects of the industry.
The analysis becomes much easier and effective with proper segmentation of the market. The study offers a detailed segmentation of global UAE Core Banking Solutions Market based on the sales, revenue, growth rate, and market share of each segment. The key segments analyzed are application, end-user and region. The data tables and related graphs offered in the report makes the analysis easy to understand.
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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