Global Knowledge Management in Financial Market Share Will Reach USD 156,490 Million By 2027 | Facts & Factors

[195+ Pages Research Report] According to Facts and Factors market research report, the Global Knowledge Management in Financial Market size & share revenue is expected to grow from USD 25,524 Million in 2018 to reach USD 156,490 Million by 2027, at 22.14% annual CAGR growth during forecast period of 2021-2026. The top market companies profiles included in report with their sales, revenues and strategies are EduBrite Systems, Open Text Corporation, Moxie Software AG , Bloomfire, Callidus Software AG Inc., Chadha Software AG Technologies, ComAround and others.

New York, NY, June 03, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Knowledge Management in Financial Market By Offerings (Knowledge Management Infrastructure, Knowledge Management Process, Knowledge Management Mechanisms & Technologies, and Knowledge Management Systems) and By Organization Size (Small & Medium-Sized Enterprises and Large Enterprises): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2027”.

“According to the recent research report, the demand of global Knowledge Management in Financial Market size & share expected to reach to USD 156,490 Million by 2027 from USD 25,524 Million in 2018, at a compound annual growth rate (CAGR) of 22.14% during the forecast period 2019 to 2027”

Global Knowledge Management in Financial Market: Overview

Knowledge management is the method of producing, distributing, utilizing, and handling the knowledge & information of a firm. In short, knowledge management mentions a multidisciplinary method of attaining organizational goals through optimum utilization of knowledge. Financial services organizations are using knowledge management solutions for data sharing across the organization.

Furthermore, the use of knowledge management in financial market helps the latter in reducing the risk of financial crises. For instance, financial crises like banking crises can be prevented through the use of knowledge management as an effective tool.

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(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)

Industry Major Market Players

• EduBrite Systems
•  Open Text Corporation
•  Moxie Software AG
•  Bloomfire
•  Callidus Software AG Inc.
•  Chadha Software AG Technologies
•  ComAround
•   Computer Sciences Corp. Corporation(APQC)
•  EGain Ernst & Young
•   IBM Global Services
•  Igloo
•  KMS Lighthouse
•  Knosys
•  ProProfs
•  Right Answers
•  Transversal
•  Yonyx

To know an additional revised list of 2020-2021 top market players, request a sample report: https://www.fnfresearch.com/sample/knowledge-management-in-financial-market-by-offerings-knowledge-210           

Key questions answered in this report:

• What is the projected market size & growth rate of Knowledge Management in Financial Market?
• What are the key driving factors for the growth of Knowledge Management in Financial Market?
• What are the top companies operative in Knowledge Management in Financial Market?
• What segments are covered in Knowledge Management in Financial Market?
• How can I get free sample report/company profiles of Knowledge Management in Financial Market?

Market Dynamics

The burgeoning requirement for consumer retention & satisfaction to steer business trends

Today, customer retention, as well as customer satisfaction, is most vital for businesses to grow. Moreover, knowledge management aids the employee or the staff to acquire knowledge for fulfilling the need of the customers. Apart from this, firms are shifting towards a 24 x 7 e-business model and this has resulted in the massive need for offering high-quality customer service. Hence, knowledge management assists the firms in offering the best services to the customers. All these aforementioned aspects are anticipated to steer the growth of the industry over the forecast timeline.

Furthermore, knowledge management has proven to be the best tool for raising the output and efficacy of the staff by imparting the best knowledge to them. Moreover, knowledge management helps in enhancing employee engagement as well as communication and helps in increasing the business profits. However, a low level of awareness about knowledge management in small enterprises can impede business growth over the forecast timeline. Nevertheless, technological breakthroughs and thriving banking & insurance sectors can offer lucrative growth avenues for the market, thereby nullifying the impact of the hindrances on the market expansion over the timespan from 2019 to 2027.

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Knowledge management systems to dominate the offerings segment by 2027 in terms of revenue

The segmental growth during the period from 2019 to 2027 is due to an increase in the financial value of the firm through the treatment of employee knowledge or employee know-how as an asset. In addition to this, the knowledge management systems have the ability to enhance the information strength through the addition of the context & data relationship to stored documents.

Small & Medium-sized enterprises segment to record the highest CAGR over the forecast period

The small & medium-sized enterprise segment is predicted to register the highest growth rate of more than 22% during the period from 2019 to 2027. The segmental growth is credited to the massive requirement of educating the staff as per the norms of the enterprises. Additionally, a high proportion of digitization witnessed across the globe will propel the segmental surge during the forecast period.

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North America to lead the overall market growth by 2027 in terms of value

The regional market surge during the forecast timeframe is owing to a rise in the funding of the knowledge management systems by the giant firms in countries like the U.S.

Browse the full report “Knowledge Management in Financial Market By Offerings (Knowledge Management Infrastructure, Knowledge Management Process, Knowledge Management Mechanisms & Technologies, and Knowledge Management Systems) and By Organization Size (Small & Medium-Sized Enterprises and Large Enterprises): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2027” report at https://www.fnfresearch.com/knowledge-management-in-financial-market-by-offerings-knowledge-210

This report segments the Knowledge Management in Financial market as follows:

Knowledge Management in Financial Market: By Offerings Analysis

• Knowledge Management Process
• Knowledge Management Systems
• Knowledge Management Mechanisms & Technologies
• Knowledge Management Infrastructure

Knowledge Management in Financial Market: By Organization Size Analysis

• Small & Medium-Sized Enterprises
• Large Enterprises

Key Highlights of this Report:

• Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
• Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
• Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
• Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
• Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
• Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data

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