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IT BFSI Market Size hit USD 231.33 Billion at CAGR of 12.3%, By 2026

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The growth of the market is governed by various factors such as growing demand for consumer electronics and reliable and safe methods for various BFSI purposes Market Size – USD 90.88 Billion in 2018, Market Growth - CAGR of 12.3%, Market Trends-Emergence of countless new opportunities for IT in BFSI with more secured processes The  IT BFSI Market  is expected to reach USD 231.33 Billion by 2026, according to a new report by Reports and Data. The increase in growth is mainly associated with the increase in consumer electronics like smart phones, laptop among others coupled with adoption of advanced technology services that allow thousands of customers to access similar resources helping companies to cut down their expenses. Based on statistics, the penetration of advanced cloud based platforms that helps to develop new technology is also a significant factor stimulating market demand. The BFSI sector is gaining popularity in the adoption of computer & networking systems to reduc