Albany, NY — (PRESS RELEASE JET) — 09/26/2017 — Islamic banking software refers to the banking software that functions according to the Shariah norms for managing and monitoring banking operations. To calculate the market size, we have considered the revenue generated from the sales of Islamic banking software offered by the vendors. Integrated solutions are not included in the software suites. Reseller revenues are also not considered as part of the market revenue. The report includes software sales for retail banking, corporate banking, capital markets, dealing, brokerage, and investment banking.

The global islamic banking software market to grow at a CAGR of 12.6% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global islamic banking software market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
– Americas
– APAC
– EMEA

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Technavio’s report, Global Islamic Banking Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
– ITS
– Oracle
– Path Solutions
– Temenos

Other prominent vendors
– AutoSoft Dynamics
– BML Istisharat
– EdgeVerve (an Infosys company)
– ICS Financial Systems
– INFOPRO
– Infrasoft Technologies
– Intertech
– Millennium Information Solution
– Misys
– Nucleus Software Exports
– SAB
– Silverlake Axis
– Sopra Banking Software
– Tata Consultancy Services
– VIRMATI SOFTWARE & TELECOMMUNICATIONS

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Key questions answered in this report
– What will the market size be in 2021 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?

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