The MarketWatch News Department was not involved in the creation of this content.
Jan 22, 2021 (AmericaNewsHour) —
The global finance cloud market was valued at USD 10.20 billion in 2016 and is projected to reach USD 76.54 billion by 2025, growing at a CAGR of 25.10% from 2017 to 2025.
Cloud computing is a revolutionary concept that is being considered by many banks and financial industries. With Cloud computing large banks as well as many other financial industries can expect many enormous benefits. Many financial services firms avoid it for one reason that is security. However, security in the cloud has advanced significantly, and now there are many benefits of cloud computing in financial sector including enhanced security, reduced infrastructure and maintenance cost, and increased business agility.
The Final Report will cover the impact analysis of COVID-19 on this industry:
Download Sample of This Strategic