Pack analyst btn         PAC        
 
Report 11 Sep 2025

Banking - InSight Analysis - Austria

The Austrian banking sector will remain resilient in 2025, supported by strong capitalization and continued digital investment, even though the economy shows only a modest recovery. However, banks face growing regulatory pressures, stronger competition from FinTechs, and an urgent need to modernize their legacy IT systems.

Key themes:

  • Economic backdrop: After several years of weakness, Austria’s GDP remained in decline in Q1 2025, contracting by 0.5%. Nevertheless, the Austrian National Bank (OeNB) expects a slight recovery for the entire year, forecasting real GDP growth of 0.2%.
  • Digital transformation: Banks are accelerating cloud adoption, experimenting with AI applications, and focusing on the customer experience (CX) to drive efficiency and strengthen loyalty.
  • Cybersecurity & resilience: With rising cyber threats, proactive monitoring and compliance with DORA and NIS2 have become critical priorities.
  • Provider landscape: The market remains highly competitive, shaped by global tech leaders like Microsoft, IBM, Accenture, SAP, Oracle, and AWS, as well as strong local players, such as CPB SOFTWARE. On the services side, Accenture, IBM, Deutsche Telekom, Kyndryl, Atos, and domestic providers like ACP, NTS, and CPB SOFTWARE play a central role.

Cost reduction, cloud solutions, AI innovation, and cybersecurity are the main growth drivers for Austrian banks in 2025. For IT suppliers and service providers, opportunities lie in enabling core banking modernization, supporting compliance, and collaborating with FinTechs to deliver next-generation financial services.

profile-image
Jennifer Jonat

SHARE :

Related Content

View all reports >

Knapp – Vendor Profile – Austria

KNAPP is a global provider of warehouse logistics software and automation solutions, headquartered nearby Graz, Austria. With revenues of €1.98 ...

Event Date : August 20, 2025

Read more >

Oracle Applications-Related Consulting & SI - Vendor Rankings - Worldwide

This Excel document provides the top 20 supplier ranking for the Oracle Applications-related consulting and systems integration (C&SI) market at ...

Event Date : November 22, 2024

Read more >

Comp Group - Vendor Profile - Poland

Comp Group is an IT services provider in Poland, specializing in cybersecurity, IT infrastructure, and retail solutions. Established in 1990 and ...

Event Date : September 26, 2025

Read more >

Vertical Sectors - Market Figures - Eastern Europe Consolidation

This Excel document delivers market figures broken down by vertical sectors. Figures cover a seven-year time frame (results from the past two years ...

Event Date : August 21, 2025

Read more >

Accenture - Vendor Profile - France

Explore the in-depth Accenture France 2025 Vendor Profile. This report provides a thorough overview of Accenture’s strategic approach, market ...

Event Date : August 08, 2025

Read more >

Latest Publications report

View latest publications Reports >

Free reports & webinars

View All Free Reports & Webinars >