target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: Market Presentation - Doc Document number: # US49868823
Industry Analysis Perspective: Asia/Pacific Financial Services, 2023
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Abstract
This IDC Market Presentation is designed to provide technology sellers' sales, marketers, and product and channel managers with foundational insight into the financial services industry (FSI) in Asia/Pacific in 2023. By understanding how the business side operates, sales, marketers, and product and channel managers will clearly see which areas their technology products and services can truly add value to a financial institution.
Through this report, readers will gain a comprehensive understanding of the business components and workings of the FSI in Asia/Pacific in 2023 and their resulting impact on IT strategies. They will have a very strong idea about the industry, how it works, who the major players are, and in which direction the industry is heading from a regional and even a country perspective.
"Asia/Pacific's FSI is dynamic and constantly evolving to meet changing regulatory requirements, stay ahead of the competition, and exceed consumer needs and expectations. The current investments in infrastructure modernization will quickly give way to more advanced digitalization initiatives leveraging cloud, AI, and big data and analytics (BDA). There are significant opportunities for the technology seller that is willing to make the investment and understand the regional and localized nuances of the market," says Abhishek Kumar, associate research director, IDC Financial Insights.