China’s Financial Information Service Industry
Prompt, Customized, and Enhanced Data Analysis
The financial services industry in China accounts for 6.8% of the global market, but its market data services only account for 3.1% of the global total. As China’s financial industry continues to expand, market data services are expected to maintain an annual growth rate of 30%, reaching US$1.7 billion by 2015.
In the report China’s Financial Information Service Industry, Celent examines the market’s structure, competitive landscape, and trends. China’s market data industry will move towards having more real time and customized content. In the area of services, stocks and bonds are the key focus, with the market for stock index futures and foreign exchanges also growing rapidly.
“The financial industry is developing rapidly in China. There is a growing number of financial institutions, all of which are potential customers of financial information services,” says Hua Zhang, Analyst with Celent’s Asian Financial Services Group and author of the report. “As the market continues to expand, there will be increased integration.”
This report describes the market, looks at leading vendors, and examines the industry’s growth potential.
This 20-page report contains eight figures and three tables.