IT Spending Trends in the Japanese Securities Industry: 2011
The Japanese securities industry continues to operate in a difficult environment. From natural disasters to manmade financial crises, the industry and its players have been forced to surmount one challenge after another. Celent forecasts that IT spending in the industry will grow from US$5.2 billion in the year ended March 2011 to US$6.3 billion for the year ending March 2015.
In this new report, IT Spending Trends in the Japanese Securities Industry: 2011, Celent offers a deep and incisive analysis of IT spending trends in Japan’s securities sector. While there are no grounds to expect significant growth in information technology spending in the securities industry, a number of areas will mandate investment to ensure future competitiveness. As such, Celent forecasts that IT spending will see solid growth across the Japanese securities industry, with a 4.3% compound annual growth rate (CAGR) from fiscal 2009 to fiscal 2014.
“Factors such as faster execution speeds, the proliferation of increasingly advanced mobile devices, and an emphasis on cloud computing can be expected to drive securities companies to spend actively on IT,” says KyongSun Kong, Analyst with Celent's Asian Financial Services group and coauthor of the report.
In this report, Celent analyzes market and IT trends in the Japanese securities industry and offers proposals and strategies to help securities companies and vendors better position themselves to capitalize on these trends in the future.