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Report 25 Mar 2025

Banking - Market Figures - UK

This Excel document contains the latest market figures on the UK SITS market with regard to the Banking sector. Figures cover a seven-year time frame (results from the past two years and forecasts for the next four years). Figures include both volume and compound annual growth rates for:

  • Infrastructure Software & Platforms;
  • Application Software Products;
  • SaaS Software;
  • Public IaaS/PaaS;
  • Total Software Products & Cloud Platforms;
  • Infrastructure Support Services;
  • Infrastructure-related Project Services;
  • Infrastructure Outsourcing Services;
  • Infrastructure-Related Services;
  • Application-related Project Services;
  • Application Management;
  • Application-Related Services;
  • BPO;
  • Total IT Services;
  • Total Software & IT Services;
  • Hardware Market;
  • Total IT Market;
  • Personnel;
  • Hardware Market;
  • Total Software & IT Services Market;
  • Miscellaneous;
  • Total IT Expenditure.

The following segments:

  • Total Software Products & Cloud Platforms(= Infrastructure Software & Platforms, Application Software Products, SaaS Software, Public IaaS/PaaS);
  • Total IT Services (= Infrastructure-Related Services, Applications-Related Services, BPO);
  • Total IT Expenditure.

are broken down by vertical sub-sectors/sub-segments:

  • Retail Banking;
  • Wholesale/Corporate Banking;
  • Investment Banking;
  • Private Banking.

The document offers invaluable data that allow year-on-year analysis as well as compound annual growth rate comparisons. The document also gives an accurate picture of the evolution of the market structure over a seven-year time frame.

Please click here to download a template showing you the structure of this Excel document.

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Nick Mayes

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