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Legacy System Modernization for Banks Global Market Report 2025
Global Legacy System Modernization for Banks Market Report 2025

Report Price : $4490.00

Pages : 250

Format : PDF

Published : November 2025

Delivery Time : 2-3 Business Days

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Legacy System Modernization for Banks Global Market Report 2025

By Component (Software, Services), By Bank Type (Retail Banks, Commercial Banks, Investment Banks), By Deployment Mode (On-Premises, Cloud-Based, Hybrid), By Enterprise Size (Small And Medium Enterprises, Large Enterprises), By Application (Banking, Financial Services And Insurance (BFSI), Healthcare, Retail And E-Commerce, Manufacturing, Information Technology (IT) And Telecommunications, Government, Other Applications) - Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Legacy System Modernization for Banks Market Overview

• Legacy System Modernization for Banks market size has reached to $11.35 billion in 2024

• Expected to grow to $24.66 billion in 2029 at a compound annual growth rate (CAGR) of 16.7%

• Growth Driver: The Increasing Focus On Cybersecurity And Regulatory Compliance Is Fueling The Growth Of The Market Due To Rising Cybercrime And Losses.

• Market Trend: Driving Faster, Customer-Centric Banking Through Cloud-Native Innovation

North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Legacy System Modernization for Banks Market?

Legacy system modernization for banks is the process of updating or replacing outdated banking information technology (IT) systems with modern technologies and architectures. Its purpose is to improve efficiency, security, and scalability while supporting modern digital banking needs.

The main components of legacy system modernization for banks are software and services. Software refers to specialized modernization platforms, tools, and solutions used to upgrade outdated core banking systems, migrate applications to modern environments, and integrate new digital functionalities. The various bank types including retail banks, commercial banks and investment banks, also contains deployment modes such as on-premises, cloud-based and hybrid. The various enterprise size categories including small and medium enterprises and large enterprises, applied on applications across banking, financial services and insurance (BFSI), healthcare, retail and e-commerce, manufacturing, information technology (IT) and telecommunications, government, and others.

Legacy System Modernization for Banks Market Size and growth rate 2025 to 2029: Graph

What Is The Legacy System Modernization for Banks Market Size 2025 And Growth Rate?

The legacy system modernization for banks market size has grown rapidly in recent years. It will grow from $11.35 billion in 2024 to $13.29 billion in 2025 at a compound annual growth rate (CAGR) of 17.1%. The growth in the historic period can be attributed to increasing adoption of internet od things devices, growing demand for smart city initiatives, rising use of location-based services, expansion of connected infrastructure, and increasing focus on energy efficiency.

What Is The Legacy System Modernization for Banks Market Growth Forecast?

The legacy system modernization for banks market size is expected to see rapid growth in the next few years. It will grow to $24.66 billion in 2029 at a compound annual growth rate (CAGR) of 16.7%. The growth in the forecast period can be attributed to growing integration of machine learning, rising implementation of 5G networks, expansion of smart home ecosystems, increasing demand for real-time data analytics, and growing emphasis on personalized user experiences. Major trends in the forecast period include technology advancements in sensor networks, continuous innovations in artificial intelligence (ai)-driven ambient systems, rapid developments in edge computing solutions, research and development in context-aware technologies, and adoption of advanced data processing techniques.

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What’s The Trade War Impact On Financial Services Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.

How Is The Legacy System Modernization for Banks Market Segmented?

1) By Component: Software, Services

2) By Bank Type: Retail Banks, Commercial Banks, Investment Banks

3) By Deployment Mode: On-Premises, Cloud-Based, Hybrid

4) By Enterprise Size: Small And Medium Enterprises, Large Enterprises

5) By Application: Banking, Financial Services And Insurance (BFSI), Healthcare, Retail And E-Commerce, Manufacturing, Information Technology (IT) And Telecommunications, Government, Other Applications

Sub Segment:

1) By Software: Core Banking Platforms, Payment Processing Software, Middleware And Integration Software, Data Management And Analytics Tools, Application Programming Interface Management Platforms

2) By Services: Consulting And Assessment Services, application modernization services, cloud migration services, Code Refactoring Services, Replatforming Services

What Is Driving The Legacy System Modernization for Banks Market? The Increasing Focus On Cybersecurity And Regulatory Compliance Is Fueling The Growth Of The Market Due To Rising Cybercrime And Losses.

The increasing focus on cybersecurity and regulatory compliance is expected to propel the growth of the legacy system modernization for the banks market going forward. Cybersecurity and regulatory compliance refer to safeguarding systems or data and meeting mandated controls, reporting, and audit requirements set by financial regulators. The focus on cybersecurity and regulatory compliance is due to rising cybercrime complaints and escalating financial losses reported by authorities. Modernizing legacy cores and channels enables stronger controls (encryption, identity, logging), faster patching, and automated compliance evidence, helping banks meet security and audit obligations. For instance, in March 2023, according to the Federal Bureau of Investigation (FBI), a US-based primary federal law enforcement agency, in 2023, 880,418 complaints were made in 2023, nearly a 10% rise vs. 2022, with reported losses exceeding $12.5 billion (up 22% year over year), underscoring escalating threat pressure that drives security and compliance investments. Therefore, the increasing focus on cybersecurity and regulatory compliance is driving the legacy system modernization for banks industry.

Who Are The Major Players In The Global Legacy System Modernization for Banks Market?

Major companies operating in the legacy system modernization for banks market are Microsoft Corporation; Deloitte Touche Tohmatsu Limited; Accenture plc; International Business Machines Corporation; PricewaterhouseCoopers International Limited; Tata Consultancy Services Limited; Fujitsu Limited; NTT DATA Corporation; Capgemini SE; Cognizant Technology Solutions Corporation; Infosys Limited; DXC Technology Company; HCL Technologies Limited; Atos SE; Wipro Limited; Tech Mahindra Limited; EPAM Systems Inc.; Mphasis Limited; Persistent Systems Limited; Temenos AG

What Are The Key Trends Of The Global Legacy System Modernization for Banks Market? Driving Faster, Customer-Centric Banking Through Cloud-Native Innovation

Major companies operating in the Legacy System Modernization for Banks market are focusing on the innovation trend, as it leverages next-generation, cloud-native core banking and payments platforms to enable faster, customer-centric product launches and modernized banking operations. Such solutions as DXC and Thought Machine’s use cloud-native core banking and managed services to modernize legacy systems, enabling rapid product launches, automation-driven operations, and code-free configuration and ensuring resilience and compliance, thereby accelerating banks’ digital transformation and enhancing operational efficiency. For instance, in June 2025, DXC Technology, a US-based global information technology (IT) and consulting services company. The joint solution launched joint solution to accelerate banking modernization, aims to accelerate digital transformation for small and midsize banks. It combines DXC’s industry expertise and managed services with Thought Machine’s cloud-native core banking (Vault Core) and payments platform (Vault Payments) to modernize legacy systems. The solution enables banks to launch new products, such as savings accounts, mortgages, and loans, in hours instead of weeks, while ensuring operational efficiency, regulatory compliance, and scalable, automation-driven operations. By offering a one-stop managed service, it simplifies end-to-end modernization, reduces time-to-market, and supports faster adoption of innovative, customer-centric banking services.

Need data on a specific region in this market?

What Are Latest Mergers And Acquisitions In The Legacy System Modernization for Banks Market? Accenture Acquires Digital Twin Technology For Banks To Enhance Core Modernization Capabilities

In January 2025, Accenture plc, an Ireland-based professional services company, acquired Digital Twin Technology for Banks from Percipient.ai, Inc. for an undisclosed amount. Through this acquisition, Accenture aims to leverage Digital TWINN to help banks modernize core systems by creating a real-time virtual replica of legacy and modern platforms, enabling faster innovation and seamless integration without disrupting existing operations. Percipient.ai Inc. is a US-based company that provides digital twin or virtual duplicate of banks' legacy and modern systems, integrating and unifying the data from each one into a single real-time hub.

What Is The Regional Outlook For The Global Legacy System Modernization for Banks Market?

North America was the largest region in the legacy system modernization for banks market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Legacy System Modernization for Banks Market?

The legacy system modernization for banks market includes revenues earned by providing services such as application re-hosting (lift-and-shift), application re-platforming, application re-architecting (micro services and cloud-native), code refactoring and re-engineering, core banking and mainframe modernization, and data migration and database modernization. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Legacy System Modernization for Banks Industry?

The legacy system modernization for banks market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the legacy system modernization for banks industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Legacy System Modernization for Banks Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $13.29 billion
Revenue Forecast In 2034 $24.66 billion
Growth Rate CAGR of 17.1% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered Component, Bank Type, Deployment Mode, Enterprise Size, Application, Software, Services
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled Microsoft Corporation; Deloitte Touche Tohmatsu Limited; Accenture plc; International Business Machines Corporation; PricewaterhouseCoopers International Limited; Tata Consultancy Services Limited; Fujitsu Limited; NTT DATA Corporation; Capgemini SE; Cognizant Technology Solutions Corporation; Infosys Limited; DXC Technology Company; HCL Technologies Limited; Atos SE; Wipro Limited; Tech Mahindra Limited; EPAM Systems Inc.; Mphasis Limited; Persistent Systems Limited; Temenos AG
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Legacy System Modernization for Banks Market Characteristics

3. Legacy System Modernization for Banks Market Trends And Strategies

4. Legacy System Modernization for Banks Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Legacy System Modernization for Banks Growth Analysis And Strategic Analysis Framework

5.1. Global Legacy System Modernization for Banks PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Legacy System Modernization for Banks Market Growth Rate Analysis

5.4. Global Legacy System Modernization for Banks Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Legacy System Modernization for Banks Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Legacy System Modernization for Banks Total Addressable Market (TAM)

6. Legacy System Modernization for Banks Market Segmentation

6.1. Global Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Software

Services

6.2. Global Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Retail Banks

Commercial Banks

Investment Banks

6.3. Global Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

On-Premises

Cloud-Based

Hybrid

6.4. Global Legacy System Modernization for Banks Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Small And Medium Enterprises

Large Enterprises

6.5. Global Legacy System Modernization for Banks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Banking, Financial Services And Insurance (BFSI)

Healthcare

Retail And E-Commerce

Manufacturing

Information Technology (IT) And Telecommunications

Government

Other Applications

6.6. Global Legacy System Modernization for Banks Market, Sub-Segmentation Of Software, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Core Banking Platforms

Payment Processing Software

Middleware And Integration Software

Data Management And Analytics Tools

Application Programming Interface Management Platforms

6.7. Global Legacy System Modernization for Banks Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Consulting And Assessment Services

Application Modernization Services

Cloud Migration Services

Code Refactoring Services

Replatforming Services

7. Legacy System Modernization for Banks Market Regional And Country Analysis

7.1. Global Legacy System Modernization for Banks Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Legacy System Modernization for Banks Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Legacy System Modernization for Banks Market

8.1. Asia-Pacific Legacy System Modernization for Banks Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Legacy System Modernization for Banks Market

9.1. China Legacy System Modernization for Banks Market Overview

9.2. China Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Legacy System Modernization for Banks Market

10.1. India Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Legacy System Modernization for Banks Market

11.1. Japan Legacy System Modernization for Banks Market Overview

11.2. Japan Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Legacy System Modernization for Banks Market

12.1. Australia Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Legacy System Modernization for Banks Market

13.1. Indonesia Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Legacy System Modernization for Banks Market

14.1. South Korea Legacy System Modernization for Banks Market Overview

14.2. South Korea Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Legacy System Modernization for Banks Market

15.1. Western Europe Legacy System Modernization for Banks Market Overview

15.2. Western Europe Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Legacy System Modernization for Banks Market

16.1. UK Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Legacy System Modernization for Banks Market

17.1. Germany Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Legacy System Modernization for Banks Market

18.1. France Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Legacy System Modernization for Banks Market

19.1. Italy Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Legacy System Modernization for Banks Market

20.1. Spain Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Legacy System Modernization for Banks Market

21.1. Eastern Europe Legacy System Modernization for Banks Market Overview

21.2. Eastern Europe Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Legacy System Modernization for Banks Market

22.1. Russia Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Legacy System Modernization for Banks Market

23.1. North America Legacy System Modernization for Banks Market Overview

23.2. North America Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Legacy System Modernization for Banks Market

24.1. USA Legacy System Modernization for Banks Market Overview

24.2. USA Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Legacy System Modernization for Banks Market

25.1. Canada Legacy System Modernization for Banks Market Overview

25.2. Canada Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Legacy System Modernization for Banks Market

26.1. South America Legacy System Modernization for Banks Market Overview

26.2. South America Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Legacy System Modernization for Banks Market

27.1. Brazil Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Legacy System Modernization for Banks Market

28.1. Middle East Legacy System Modernization for Banks Market Overview

28.2. Middle East Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Legacy System Modernization for Banks Market

29.1. Africa Legacy System Modernization for Banks Market Overview

29.2. Africa Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Legacy System Modernization for Banks Market Competitive Landscape And Company Profiles

30.1. Legacy System Modernization for Banks Market Competitive Landscape

30.2. Legacy System Modernization for Banks Market Company Profiles

30.2.1. Microsoft Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Deloitte Touche Tohmatsu Limited Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Accenture plc Overview, Products and Services, Strategy and Financial Analysis

30.2.4. International Business Machines Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.5. PricewaterhouseCoopers International Limited Overview, Products and Services, Strategy and Financial Analysis

31. Legacy System Modernization for Banks Market Other Major And Innovative Companies

31.1. Tata Consultancy Services Limited

31.2. Fujitsu Limited

31.3. NTT DATA Corporation

31.4. Capgemini SE

31.5. Cognizant Technology Solutions Corporation

31.6. Infosys Limited

31.7. DXC Technology Company

31.8. HCL Technologies Limited

31.9. Atos SE

31.10. Wipro Limited

31.11. Tech Mahindra Limited

31.12. EPAM Systems Inc.

31.13. Mphasis Limited

31.14. Persistent Systems Limited

31.15. Temenos AG

32. Global Legacy System Modernization for Banks Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Legacy System Modernization for Banks Market

34. Recent Developments In The Legacy System Modernization for Banks Market

35. Legacy System Modernization for Banks Market High Potential Countries, Segments and Strategies

35.1 Legacy System Modernization for Banks Market In 2029 - Countries Offering Most New Opportunities

35.2 Legacy System Modernization for Banks Market In 2029 - Segments Offering Most New Opportunities

35.3 Legacy System Modernization for Banks Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Legacy System Modernization for Banks Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Legacy System Modernization for Banks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Legacy System Modernization for Banks Market, Sub-Segmentation Of Software, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Legacy System Modernization for Banks Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Legacy System Modernization for Banks Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Legacy System Modernization for Banks Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Microsoft Corporation Financial Performance
  • Table 79: Deloitte Touche Tohmatsu Limited Financial Performance
  • Table 80: Accenture plc Financial Performance
  • Table 81: International Business Machines Corporation Financial Performance
  • Table 82: PricewaterhouseCoopers International Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Legacy System Modernization for Banks Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Legacy System Modernization for Banks Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Legacy System Modernization for Banks Market, Sub-Segmentation Of Software, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Legacy System Modernization for Banks Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Legacy System Modernization for Banks Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Legacy System Modernization for Banks Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Legacy System Modernization for Banks Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Legacy System Modernization for Banks Market, Segmentation By Bank Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Legacy System Modernization for Banks Market, Segmentation By Deployment Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Microsoft Corporation Financial Performance
  • Figure 79: Deloitte Touche Tohmatsu Limited Financial Performance
  • Figure 80: Accenture plc Financial Performance
  • Figure 81: International Business Machines Corporation Financial Performance
  • Figure 82: PricewaterhouseCoopers International Limited Financial Performance

Frequently Asked Questions

Legacy system modernization for banks is the process of updating or replacing outdated banking information technology (IT) systems with modern technologies and architectures. Its purpose is to improve efficiency, security, and scalability while supporting modern digital banking needs. For further insights on this market, request a sample here

The market major growth driver - The Increasing Focus On Cybersecurity And Regulatory Compliance Is Fueling The Growth Of The Market Due To Rising Cybercrime And Losses.. For further insights on this market, request a sample here

The legacy system modernization for banks market size has grown rapidly in recent years. It will grow from $11.35 billion in 2024 to $13.29 billion in 2025 at a compound annual growth rate (CAGR) of 17.1%. The growth in the historic period can be attributed to increasing adoption of internet od things devices, growing demand for smart city initiatives, rising use of location-based services, expansion of connected infrastructure, and increasing focus on energy efficiency. The legacy system modernization for banks market size is expected to see rapid growth in the next few years. It will grow to $24.66 billion in 2029 at a compound annual growth rate (CAGR) of 16.7%. The growth in the forecast period can be attributed to growing integration of machine learning, rising implementation of 5G networks, expansion of smart home ecosystems, increasing demand for real-time data analytics, and growing emphasis on personalized user experiences. Major trends in the forecast period include technology advancements in sensor networks, continuous innovations in artificial intelligence (ai)-driven ambient systems, rapid developments in edge computing solutions, research and development in context-aware technologies, and adoption of advanced data processing techniques. For further insights on this market, request a sample here

The legacy system modernization for banks market covered in this report is segmented –
1) By Component: Software, Services
2) By Bank Type: Retail Banks, Commercial Banks, Investment Banks
3) By Deployment Mode: On-Premises, Cloud-Based, Hybrid
4) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
5) By Application: Banking, Financial Services And Insurance (BFSI), Healthcare, Retail And E-Commerce, Manufacturing, Information Technology (IT) And Telecommunications, Government, Other Applications Sub Segment:
1) By Software: Core Banking Platforms, Payment Processing Software, Middleware And Integration Software, Data Management And Analytics Tools, Application Programming Interface Management Platforms
2) By Services: Consulting And Assessment Services, Application Modernization Services, Cloud Migration Services, Code Refactoring Services, Replatforming Services For further insights on this market,
request a sample here

North America was the largest region in the legacy system modernization for banks market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the legacy system modernization for banks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on this market, request a sample here.

Major companies operating in the legacy system modernization for banks market are Microsoft Corporation; Deloitte Touche Tohmatsu Limited; Accenture plc; International Business Machines Corporation; PricewaterhouseCoopers International Limited; Tata Consultancy Services Limited; Fujitsu Limited; NTT DATA Corporation; Capgemini SE; Cognizant Technology Solutions Corporation; Infosys Limited; DXC Technology Company; HCL Technologies Limited; Atos SE; Wipro Limited; Tech Mahindra Limited; EPAM Systems Inc.; Mphasis Limited; Persistent Systems Limited; Temenos AG . For further insights on this market, request a sample here.

Major trends in this market include Driving Faster, Customer-Centric Banking Through Cloud-Native Innovation. For further insights on this market, request a sample here.

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