The Latin America, Middle East and Africa Finance Cloud Market would witness market growth of 26.7% CAGR during the forecast period (2022-2028).
The top public cloud providers provide a wide range of cutting-edge products-as-a-service that are accessible on their platforms and assist banks in implementing business and operating models to enhance revenue generation, increase customer insights, control costs, deliver market-relevant products quickly and efficiently, and assist in monetizing enterprise data assets. Additionally, the cloud offers a substantial opportunity to synchronize operations across risk, finance, regulatory, customer service, and other sectors, as well as to do away with information silos.
Large data sets can be consolidated in one place, at which time the business can apply advanced analytics to obtain thorough insights. Bank leaders are thinking about how they can use the cloud in three areas "above the line" to open up new business frontiers and in three areas "below the line" to improve the organization after focusing on the technology's value as a less expensive, quicker, and more "elastic" substitute for on-premise data storage for years.
Applying cloud technology in these six areas could aid banks in enhancing shareholder returns and corporate success. Financial institutions may update their operations and fully embrace all facets of digital transformation due to cloud technologies, including platform thinking, a crucial element. By doing this, IT spending becomes more effective while also enhancing the experiences of customers and employees.
The UAE has a robust banking industry, which is overseen locally by the 1980-founded UAE Central Bank. Following the state's overall policy, the Central Bank directs and supervises monetary, credit, and banking policy to assist the domestic economy and maintain currency stability. It oversees the gold and foreign exchange reserves held by the UAE government, operates as a bank for banks with offices there, and represents the UAE's interests in international financial institutions.
The Brazil market dominated the LAMEA Finance Cloud Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,666.1 million by 2028. The Argentina market is experiencing a CAGR of 27.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 26.4% during (2022 - 2028).
Based on Offering, the market is segmented into Solution (Security, Financial Reporting & Analysis, Financial Forecasting, Governance, Risk & Compliances, and Others.) and Services. Based on Deployment, the market is segmented into Public, Private, and Hybrid. Based on End-use, the market is segmented into Banking & Financial Services and Insurance. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Application, the market is segmented into Wealth Management, Account Management, Revenue Management, Customer Relationship Management, Asset Management, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Finance Cloud Market is Predict to reach $68.8 Billion by 2028, at a CAGR of 20.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Google LLC, Microsoft Corporation, Oracle Corporation, SAP SE, Amazon Web Services, Inc., Cisco Systems, Inc., The Sage Group PLC, Acumatica, Inc., and Aryaka Networks, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Solution
- Security
- Financial Reporting & Analysis
- Financial Forecasting
- Governance, Risk & Compliances
- Others
- Services
By Deployment
By End-use
- Banking & Financial Services
- Insurance
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Application
- Wealth Management
- Account Management
- Revenue Management
- Customer Relationship Management
- Asset Management
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Google LLC
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Amazon Web Services, Inc.
- Cisco Systems, Inc.
- The Sage Group PLC
- Acumatica, Inc.
- Aryaka Networks, Inc.
TABLE 1 LAMEA Finance Cloud Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Finance Cloud Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Finance Cloud Market
TABLE 4 Product Launches And Product Expansions – Finance Cloud Market
TABLE 5 Acquisition and Mergers – Finance Cloud Market
TABLE 6 Acquisition and Mergers – Geographical Expansion
TABLE 7 LAMEA Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 8 LAMEA Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 9 LAMEA Solution Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Solution Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 12 LAMEA Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 13 LAMEA Security Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Security Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Financial Reporting & Analysis Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Financial Reporting & Analysis Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Financial Forecasting Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Financial Forecasting Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Governance, Risk & Compliances Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Governance, Risk & Compliances Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 26 LAMEA Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 27 LAMEA Public Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Public Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Private Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Private Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 34 LAMEA Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 35 LAMEA Banking & Financial Services Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Banking & Financial Services Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Insurance Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Insurance Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 40 LAMEA Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 41 LAMEA Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 43 LAMEA Small & Medium Enterprises (SMEs) Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Small & Medium Enterprises (SMEs) Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 46 LAMEA Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 47 LAMEA Wealth Management Market by Country, 2018 - 2021, USD Million
TABLE 48 LAMEA Wealth Management Market by Country, 2022 - 2028, USD Million
TABLE 49 LAMEA Account Management Market by Country, 2018 - 2021, USD Million
TABLE 50 LAMEA Account Management Market by Country, 2022 - 2028, USD Million
TABLE 51 LAMEA Revenue Management Market by Country, 2018 - 2021, USD Million
TABLE 52 LAMEA Revenue Management Market by Country, 2022 - 2028, USD Million
TABLE 53 LAMEA Customer Relationship Management Market by Country, 2018 - 2021, USD Million
TABLE 54 LAMEA Customer Relationship Management Market by Country, 2022 - 2028, USD Million
TABLE 55 LAMEA Asset Management Market by Country, 2018 - 2021, USD Million
TABLE 56 LAMEA Asset Management Market by Country, 2022 - 2028, USD Million
TABLE 57 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 58 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 59 LAMEA Finance Cloud Market by Country, 2018 - 2021, USD Million
TABLE 60 LAMEA Finance Cloud Market by Country, 2022 - 2028, USD Million
TABLE 61 Brazil Finance Cloud Market, 2018 - 2021, USD Million
TABLE 62 Brazil Finance Cloud Market, 2022 - 2028, USD Million
TABLE 63 Brazil Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 64 Brazil Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 65 Brazil Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 66 Brazil Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 67 Brazil Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 68 Brazil Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 69 Brazil Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 70 Brazil Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 71 Brazil Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 72 Brazil Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 73 Brazil Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 74 Brazil Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 75 Argentina Finance Cloud Market, 2018 - 2021, USD Million
TABLE 76 Argentina Finance Cloud Market, 2022 - 2028, USD Million
TABLE 77 Argentina Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 78 Argentina Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 79 Argentina Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 80 Argentina Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 81 Argentina Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 82 Argentina Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 83 Argentina Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 84 Argentina Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 85 Argentina Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 86 Argentina Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 87 Argentina Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 88 Argentina Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 89 UAE Finance Cloud Market, 2018 - 2021, USD Million
TABLE 90 UAE Finance Cloud Market, 2022 - 2028, USD Million
TABLE 91 UAE Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 92 UAE Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 93 UAE Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 94 UAE Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 95 UAE Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 96 UAE Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 97 UAE Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 98 UAE Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 99 UAE Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 100 UAE Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 101 UAE Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 102 UAE Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 103 Saudi Arabia Finance Cloud Market, 2018 - 2021, USD Million
TABLE 104 Saudi Arabia Finance Cloud Market, 2022 - 2028, USD Million
TABLE 105 Saudi Arabia Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 106 Saudi Arabia Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 107 Saudi Arabia Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 108 Saudi Arabia Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 109 Saudi Arabia Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 110 Saudi Arabia Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 111 Saudi Arabia Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 112 Saudi Arabia Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 113 Saudi Arabia Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 114 Saudi Arabia Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 115 Saudi Arabia Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 116 Saudi Arabia Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 117 South Africa Finance Cloud Market, 2018 - 2021, USD Million
TABLE 118 South Africa Finance Cloud Market, 2022 - 2028, USD Million
TABLE 119 South Africa Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 120 South Africa Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 121 South Africa Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 122 South Africa Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 123 South Africa Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 124 South Africa Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 125 South Africa Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 126 South Africa Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 127 South Africa Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 128 South Africa Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 129 South Africa Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 130 South Africa Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 131 Nigeria Finance Cloud Market, 2018 - 2021, USD Million
TABLE 132 Nigeria Finance Cloud Market, 2022 - 2028, USD Million
TABLE 133 Nigeria Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 134 Nigeria Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 135 Nigeria Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 136 Nigeria Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 137 Nigeria Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 138 Nigeria Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 139 Nigeria Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 140 Nigeria Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 141 Nigeria Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 142 Nigeria Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 143 Nigeria Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 144 Nigeria Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 145 Rest of LAMEA Finance Cloud Market, 2018 - 2021, USD Million
TABLE 146 Rest of LAMEA Finance Cloud Market, 2022 - 2028, USD Million
TABLE 147 Rest of LAMEA Finance Cloud Market by Offering, 2018 - 2021, USD Million
TABLE 148 Rest of LAMEA Finance Cloud Market by Offering, 2022 - 2028, USD Million
TABLE 149 Rest of LAMEA Finance Cloud Market by Solution Type, 2018 - 2021, USD Million
TABLE 150 Rest of LAMEA Finance Cloud Market by Solution Type, 2022 - 2028, USD Million
TABLE 151 Rest of LAMEA Finance Cloud Market by Deployment, 2018 - 2021, USD Million
TABLE 152 Rest of LAMEA Finance Cloud Market by Deployment, 2022 - 2028, USD Million
TABLE 153 Rest of LAMEA Finance Cloud Market by End-use, 2018 - 2021, USD Million
TABLE 154 Rest of LAMEA Finance Cloud Market by End-use, 2022 - 2028, USD Million
TABLE 155 Rest of LAMEA Finance Cloud Market by Organization Size, 2018 - 2021, USD Million
TABLE 156 Rest of LAMEA Finance Cloud Market by Organization Size, 2022 - 2028, USD Million
TABLE 157 Rest of LAMEA Finance Cloud Market by Application, 2018 - 2021, USD Million
TABLE 158 Rest of LAMEA Finance Cloud Market by Application, 2022 - 2028, USD Million
TABLE 159 Key information – IBM Corporation
TABLE 160 Key Information – Google LLC
TABLE 161 key information – Microsoft Corporation
TABLE 162 Key Information – Oracle Corporation
TABLE 163 Key Information – SAP SE
TABLE 164 Key Information – Amazon Web Services, Inc.
TABLE 165 Key Information – Cisco Systems, Inc.
TABLE 166 Key Information – The Sage Group plc
TABLE 167 Key Information – Acumatica, Inc.
TABLE 168 Key Information – ARYAKA NETWORKS, INC.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Dec – 2022, Aug) Leading Players
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 Recent strategies and developments: Google LLC
FIG 9 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 10 SWOT Analysis: Microsoft Corporation
FIG 11 SWOT analysis: Oracle Corporation
FIG 12 SWOT Analysis: SAP SE
FIG 13 SWOT analysis: Amazon.com, Inc.
FIG 14 SWOT Analysis: Cisco Systems, Inc.
FIG 15 Recent strategies and developments: The Sage Group PLC