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India BFSI Sector IT Usage and Trends 2007-2011 Forecast and Analysis: An Overview

Product Type: Market Research Report
Published by: IDC
Published: September 2007
Product Code: R104-31710
Description
This document is about India BFSI Sector IT Usage and Trends 2007-2011 Forecast and Analysis: An Overview
Table of Contents

Table of Contents

IDC Opinion

In This Study

Introduction

Methodology

Executive Summary

Table: Total IT Spend in BFSI Vertical, 2006-2011 (US$M)

Situation Overview

Overview of the BFSI Sector

Reforms in the Sector

Figure: Financial Reforms in India

Need for the Reforms

Figure: Insurance Penetration in Various Countries, 2005-2006

Financial Depth

Improving the Mix of Finance Vehicles Available to Companies

Better Allocation of Capital

Securities and Exchange Board of India (SEBI) Reforms

Reduce State Ownership and Increase Competition in the Banking Sector

Reforms in Mutual Fund Industry

Spur Faster Development of Electronic Payments System

The Three-step Process Towards Reforms in the Sector

Constituents of BFSI Sector Other Than Banks and Insurance

Stock Markets

Foreign Institutional Investors

Venture Capital

Clearing Houses

Figure: Settlement Process in Clearing

The Dynamics and IT Adoption Imperatives of the Banking Sector

Overview of the Sector

Table: Government Securities, 2005-2006 (US$M)

Figure: Financial Facts of Scheduled Commercial Banks in India by Percentage, 2005-2006 (%)

Table: Banknotes in Circulation

Table: Coins in Circulation

Figure: Banknote Circulation in India, March 2006

Figure: Coin Circulation in India, March 2006

Structure of the Sector

Figure: Structure of Indian Banking Sector

Table: Branches and ATMs of Banks in India, 31 March 2006

Table: Foreign Banks in India and Their Country of Origin

Table: Profit/Loss of Banks as Percentage of Total Assets

Table: Capital Adequacy Ratio of Banks in India

Figure: ATMs Scenario in India, 31 March 2006

Figure: Composition of Branches in Indian Banking, 31 March 2006

Figure: Composition of ATMs in Indian Banking, 31 March 2006

Figure: Regional Spread of Branches in India, June 2005 Versus June 2006

Figure: Branch Scenario in India, 31 March 2006

Reserve Bank of India

Figure: Staff Strength at Reserve Bank of India, March

Evolution of the Sector

Rationale for the Reforms in the Sector

Indian Banking Pre-reform Era

Banking Sector Reforms

Players in the Sector

Table: Statistics of Indian Banking

Figure: Market Share of the Banking Sector Players, 31 March 2006

Figure: Deposits and Advances of Banking Industry, 31 March 2006

Table: Deposits and Advances of Banks in India, 31 March 2006 (US$M)

Figure: Deposits, Advances and Investments Among Various Bank Groups, 2005-2006 (US$M)

Trends in the Sector

Table: Status of Computerization in Public Sector Banks, 31 March 2006 (%)

Figure: Computerization Details on Public Sector Banks in India, 31 March 2006

Table: Shared ATM Networks in India, 31 March 2006

Table: Criticality of Various Applications in a Bank

Table: Expenditure Incurred on Computerization in Banks, September 1999 to March 2006 (US$M)

Figure: Expenditure on Computerization in Public Sector Banks, 1999-2006

Table: Risks Attached with the Third-party Data Outsourcing in Indian Banks

Figure: Outsourcing Model for Banks

Table: Concepts of Mobile Banking

Table: Major Differences in the Characteristics of the BASEL I and BASEL II Accords

Figure: Overview of the Anti-money Laundering Solutions in the Banks in India

Challenges in the Sector

Table: Composition of NPAs of Public Sector Banks, 1 April 1998 to 31 March 2006 (US$M)

Figure: Public and Private Sector Share of Banking Credit, 2000-2001 and 2005-2006

Figure: Vicious Circle of Financial Exclusion Plaguing the Indian Banking Industry in the Rural Areas

Figure: Data Management Strategy for BASEL II Norms

Figure: Key Challenges and Best Practices for BASEL II

Role of IT in the Sector

Technology Implementation in the RBI

How Banks are Looking at IT

Figure: Electronic Versus Paper-based Transactions, 2004-2005 and 2005-2006

IT Solutions in the Sector

Major Leanings of Banks with Regards to IT

Figure: Evolution of IT in the Banking Sector - 1950s to 2000s

The Dynamics and IT Adoption Imperatives of the Insurance Sector

Overview of the Sector

Structure of the Sector

Life Insurance

General Insurance

Figure: Structure of the Indian Insurance Sector

Figure: Non-life Insurance in India ? Market Share of Various Constituents, 2005-2006

Evolution of the Sector

Table: Milestones in the Evolution of Indian Insurance Industry

Rationale for the Reforms in the Sector

Introduction of New Legal Structure

Insurance Regulatory and Development Authority (IRDA) Act, 1999

Salient Features of IRDA Act

Functions of IRDA

Players in the Sector

Table: Registered Insurers in India, 31 March 2006

Table: Insurance Players in India, 31 March 2006

Figure: Insurance Sector in India, 2004-2005

Figure: Insurance Sector in India, 2005-2006

Figure: Public and Private Participation in Insurance Over 2004-2005 and 2005-2006

Figure: Life Insurance Sector in India, 2005-2006

Figure: Market Share of Players in Life Insurance, 2004-2005

Figure: Market Share of Players in Life Insurance, 2005-2006

Figure: Market Share of Private Players in Life Insurance, 2005-2006

Figure: Constituents of Life Insurance, 2004-2005 and 2005-2006

Figure: Constituents of Life Insurance, Public Versus Private, 2004-2005 and 2005-2006

Figure: Non-life Insurance Sector in India, 2005-2006

Figure: Market Share of Players in Non-life Insurance, 2004-2005

Figure: Market Share of Players in Non-life Insurance, 2005-2006

Figure: Market Share of Public Players in Non-life Insurance, 2005-2006

Figure: Market Share of Private Players in Non-life Insurance, 2005-2006

Figure: Investments by the Insurance Sector, 31 March 2006

Table: New Life Insurance Policies Issued, 2004-2005 and 2005-2006

Table: New Non-life Insurance Policies Issued, 2004-2005 and 2005-2006

Trends in the Sector

Challenges in the Sector

Figure: Challenges in the Value Chain of Indian Insurance Industry

Role of IT in the Sector

Figure: Role of IT in the Indian Insurance Sector

Figure: IT-enabled Integrated System Architecture for an Insurance Company in India

Technologies Coming up in the Sector

Future Outlook

Forecast and Assumptions

Overall IT Market in BFSI

Table: Overall IT Spend in BFSI, 2006-2011 (US$M)

Table: Overall IT Spend in BFSI, 2006-2011 (%)

Overall Hardware Market in BFSI

Table: Overall Hardware Spend in BFSI, 2006-2011 (US$M)

Table: Overall Hardware Spend in BFSI, 2006-2011 (%)

Overall Servers Market in BFSI

Table: Overall Servers Spend in BFSI, 2006-2011 (US$M)

Table: Overall Servers Spend in BFSI, 2006-2011 (%)

Overall Client Market in BFSI

Table: Overall Clients Spend in BFSI, 2006-2011 (US$M)

Table: Overall Clients Spend in BFSI, 2006-2011 (%)

Overall Storage Market in BFSI

Table: Overall Storage Spend in BFSI, 2006-2011 (US$M)

Table: Overall Storage Spend in BFSI, 2006-2011 (%)

Overall Peripherals Market in BFSI

Table: Overall Peripherals Spend in BFSI, 2006-2011 (US$M)

Table: Overall Peripherals Spend in BFSI, 2006-2011 (%)

Overall Networking Equipment Market in BFSI

Table: Overall Networking Spend in BFSI, 2006-2011 (US$M)

Table: Overall Networking Spend in BFSI, 2006-2011 (%)

Overall Software Market in BFSI

Table: Overall Software Spend in BFSI, 2006-2011 (US$M)

Table: Overall Software Spend in BFSI, 2006-2011 (%)

Overall Services Market in BFSI

Table: Overall Services Spend in BFSI, 2006-2011 (US$M)

Table: Overall Services Spend in BFSI, 2006-2011 (%)

Overall Others Market in BFSI

Table: Overall Others Spend in BFSI, 2006-2011 (US$M)

Table: Overall Others Spend in BFSI, 2006-2011 (%)

Key Forecast Assumptions

Table: Key Forecast Assumptions for the Indian BFSI Market, 2006-2011

Market Context

Table: Forecast Comparison Between April 2005 Study and April 2007 Study

Figure: Forecast Comparison Between April 2005 and April 2007 Studies, 2006 Spends (US$M)

Change in Scope of Verticals Definition in 2006

Table: Scope of Verticals, 2005 and 2006

Change in Scope of Products Definition in 2006

Table: Scope of Products, 2005 and 2006

Essential Guidance

Learn More

Definitions

Vertical Definitions

Financial Services

Product Definitions

Hardware

Personal Computers

Traditional Workstations

Servers

Storage

Printers and Multi-function Peripherals

Smart Handheld Devices

Network Equipment

Other Add-ons

Packaged Software

Services

Related Research

Synopsis

Ordering and More Information
Price and Delivery Options



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