Augmented Reality in BFSI Market By Component, By Deployment Mode, By Applications, By End User : Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

The utilization of information in the form of text, pictures, music, and other virtual upgrades that are combined with physical items is known as augmented reality (AR). This "real world" component is what sets augmented reality apart from virtual reality. As opposed to a simulation, augmented reality (AR) combines and enhances the user's engagement with the actual environment.

There is a rising adoption of augmented reality in BFSI among the end user due to the easy access to solutions and the opportunity to carry out whatever activities they want easily from anywhere across globe. Furthermore, as consumer preferences shift, lenders have begun to focus on improving customer service through technology. Additionally, the most important aspect of utilizing augmented reality technologies in the financial sector is the visualization of data. Accordingly, advanced augmented reality-backed stock trading and investing has created a way for participants to track and visualize the financial market with greater depth in a three-dimensional and interactive environment. However, privacy of the users data, is restraining the growth of the augmented reality in BFSI market. A large amount of personal and sensitive data is potentially vulnerable to breaches and can be accessed by malicious entities. Thus, such factors is restraining the growth of the Augmented reality in BFSI market. On the contrary growing use of artificial intelligence is helping to boost the augmented reality in BFSI market. Furthermore, it enables banks and financial institution to manage record-level high-speed data to receive valuable insights. Moreover, artificial intelligence comprises a broad set of technologies, including, but are not limited to, machine learning, natural language processing, expert systems, vision, speech, planning, and robotics, etc. Therefore, adoption of artificial intelligence & machine in the BFSI industry is expected to provide lucrative growth opportunities for the market in the coming years.

The augmented reality in BFSI market is segmented based on component, deployment mode, application, end user, and region. By component, it is segmented into hardware, software and services. By deployment mode, it is bifurcated into on-premise and cloud. On the basis of application, the augmented reality in BFSI market is segmented into APIs and SDKs, application delivery networks (ADNs), content delivery networks (CDN), customer relationship management (CRM), and others. By end user, the augmented reality in BFSI market is bifurcated into banks, insurance companies, credit unions, and NBFCs. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report analyzes the profiles of key players operating in the loan management software market such as Microsoft, Samsung, Oracle, IBM, Magic Leap, Inc., Blippar Group Limited, 3rockAR, Plain Concepts, VisionLabs, and Vuzix. These players have adopted various strategies to increase their market penetration and strengthen their position in the loan management software industry.

Key benefits for stakeholders

The study provides in-depth analysis of the global loan management software market along with the current & future trends to illustrate the imminent investment pockets.
Information about key drivers, restrains, & opportunities and their impact analysis on the global loan management software market size are provided in the report.
Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global loan management software market from 2022 to 2031 is provided to determine the market potential.

Key Market Segments

By Component

Hardware
Software
Services

By Deployment Mode

On-Premise
Cloud

By Applications

APIs and SDKs
Application Delivery Networks (ADNs)
Content Delivery Networks (CDNs)
Customer Relationship Management (CRM)
Others

By End User

Banks
Insurance Companies
Credit Unions
NBFCs

By Region

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players

Microsoft
Samsung
IBM
3rockAR
Plain Concepts
Vuzix
Oracle
Blippar Group Limited
VisionLabs
Magic Leap, Inc.

Product Code: A11749

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. High to moderate bargaining power of suppliers
- 3.3.2. High to low bargaining power of buyers
- 3.3.3. Moderate to high threat of substitutes
- 3.3.4. High to moderate threat of new entrants
- 3.3.5. Moderate to high intensity of rivalry
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Increasing adoption of AR technology in BFSI sector
  - 3.4.1.2. Access to easier payments
  - 3.4.1.3. Improved training and quality of education with AR
- 3.4.2. Restraints
  - 3.4.2.1. Challenges with the implementation of augmented reality in banking
  - 3.4.2.2. Long-term impacts of augmented reality on mental health
- 3.4.3. Opportunities
  - 3.4.3.1. The advancement of augmented reality in BFSI sector
3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: AUGMENTED REALITY IN BFSI MARKET, BY COMPONENT

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Hardware
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Software
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Services
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country

CHAPTER 5: AUGMENTED REALITY IN BFSI MARKET, BY DEPLOYMENT MODE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. On-Premise
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Cloud
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: AUGMENTED REALITY IN BFSI MARKET, BY APPLICATIONS

6.1. Overview
- 6.1.1. Market size and forecast
6.2. APIs and SDKs
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Application Delivery Networks (ADNs)
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Content Delivery Networks (CDNs)
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
6.5. Customer Relationship Management (CRM)
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
6.6. Others
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country

CHAPTER 7: AUGMENTED REALITY IN BFSI MARKET, BY END USER

7.1. Overview
- 7.1.1. Market size and forecast
7.2. Banks
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
7.3. Insurance Companies
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
7.4. Credit Unions
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
7.5. NBFCs
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country

CHAPTER 8: AUGMENTED REALITY IN BFSI MARKET, BY REGION

8.1. Overview
- 8.1.1. Market size and forecast By Region
8.2. North America
- 8.2.1. Key trends and opportunities
- 8.2.2. Market size and forecast, by Component
- 8.2.3. Market size and forecast, by Deployment Mode
- 8.2.4. Market size and forecast, by Applications
- 8.2.5. Market size and forecast, by End User
- 8.2.6. Market size and forecast, by country
  - 8.2.6.1. U.S.
  - 8.2.6.1.1. Key market trends, growth factors and opportunities
  - 8.2.6.1.2. Market size and forecast, by Component
  - 8.2.6.1.3. Market size and forecast, by Deployment Mode
  - 8.2.6.1.4. Market size and forecast, by Applications
  - 8.2.6.1.5. Market size and forecast, by End User
  - 8.2.6.2. Canada
  - 8.2.6.2.1. Key market trends, growth factors and opportunities
  - 8.2.6.2.2. Market size and forecast, by Component
  - 8.2.6.2.3. Market size and forecast, by Deployment Mode
  - 8.2.6.2.4. Market size and forecast, by Applications
  - 8.2.6.2.5. Market size and forecast, by End User
8.3. Europe
- 8.3.1. Key trends and opportunities
- 8.3.2. Market size and forecast, by Component
- 8.3.3. Market size and forecast, by Deployment Mode
- 8.3.4. Market size and forecast, by Applications
- 8.3.5. Market size and forecast, by End User
- 8.3.6. Market size and forecast, by country
  - 8.3.6.1. UK
  - 8.3.6.1.1. Key market trends, growth factors and opportunities
  - 8.3.6.1.2. Market size and forecast, by Component
  - 8.3.6.1.3. Market size and forecast, by Deployment Mode
  - 8.3.6.1.4. Market size and forecast, by Applications
  - 8.3.6.1.5. Market size and forecast, by End User
  - 8.3.6.2. Germany
  - 8.3.6.2.1. Key market trends, growth factors and opportunities
  - 8.3.6.2.2. Market size and forecast, by Component
  - 8.3.6.2.3. Market size and forecast, by Deployment Mode
  - 8.3.6.2.4. Market size and forecast, by Applications
  - 8.3.6.2.5. Market size and forecast, by End User
  - 8.3.6.3. France
  - 8.3.6.3.1. Key market trends, growth factors and opportunities
  - 8.3.6.3.2. Market size and forecast, by Component
  - 8.3.6.3.3. Market size and forecast, by Deployment Mode
  - 8.3.6.3.4. Market size and forecast, by Applications
  - 8.3.6.3.5. Market size and forecast, by End User
  - 8.3.6.4. Italy
  - 8.3.6.4.1. Key market trends, growth factors and opportunities
  - 8.3.6.4.2. Market size and forecast, by Component
  - 8.3.6.4.3. Market size and forecast, by Deployment Mode
  - 8.3.6.4.4. Market size and forecast, by Applications
  - 8.3.6.4.5. Market size and forecast, by End User
  - 8.3.6.5. Spain
  - 8.3.6.5.1. Key market trends, growth factors and opportunities
  - 8.3.6.5.2. Market size and forecast, by Component
  - 8.3.6.5.3. Market size and forecast, by Deployment Mode
  - 8.3.6.5.4. Market size and forecast, by Applications
  - 8.3.6.5.5. Market size and forecast, by End User
  - 8.3.6.6. Rest of Europe
  - 8.3.6.6.1. Key market trends, growth factors and opportunities
  - 8.3.6.6.2. Market size and forecast, by Component
  - 8.3.6.6.3. Market size and forecast, by Deployment Mode
  - 8.3.6.6.4. Market size and forecast, by Applications
  - 8.3.6.6.5. Market size and forecast, by End User
8.4. Asia-Pacific
- 8.4.1. Key trends and opportunities
- 8.4.2. Market size and forecast, by Component
- 8.4.3. Market size and forecast, by Deployment Mode
- 8.4.4. Market size and forecast, by Applications
- 8.4.5. Market size and forecast, by End User
- 8.4.6. Market size and forecast, by country
  - 8.4.6.1. China
  - 8.4.6.1.1. Key market trends, growth factors and opportunities
  - 8.4.6.1.2. Market size and forecast, by Component
  - 8.4.6.1.3. Market size and forecast, by Deployment Mode
  - 8.4.6.1.4. Market size and forecast, by Applications
  - 8.4.6.1.5. Market size and forecast, by End User
  - 8.4.6.2. Japan
  - 8.4.6.2.1. Key market trends, growth factors and opportunities
  - 8.4.6.2.2. Market size and forecast, by Component
  - 8.4.6.2.3. Market size and forecast, by Deployment Mode
  - 8.4.6.2.4. Market size and forecast, by Applications
  - 8.4.6.2.5. Market size and forecast, by End User
  - 8.4.6.3. India
  - 8.4.6.3.1. Key market trends, growth factors and opportunities
  - 8.4.6.3.2. Market size and forecast, by Component
  - 8.4.6.3.3. Market size and forecast, by Deployment Mode
  - 8.4.6.3.4. Market size and forecast, by Applications
  - 8.4.6.3.5. Market size and forecast, by End User
  - 8.4.6.4. Australia
  - 8.4.6.4.1. Key market trends, growth factors and opportunities
  - 8.4.6.4.2. Market size and forecast, by Component
  - 8.4.6.4.3. Market size and forecast, by Deployment Mode
  - 8.4.6.4.4. Market size and forecast, by Applications
  - 8.4.6.4.5. Market size and forecast, by End User
  - 8.4.6.5. South Korea
  - 8.4.6.5.1. Key market trends, growth factors and opportunities
  - 8.4.6.5.2. Market size and forecast, by Component
  - 8.4.6.5.3. Market size and forecast, by Deployment Mode
  - 8.4.6.5.4. Market size and forecast, by Applications
  - 8.4.6.5.5. Market size and forecast, by End User
  - 8.4.6.6. Rest of Asia-Pacific
  - 8.4.6.6.1. Key market trends, growth factors and opportunities
  - 8.4.6.6.2. Market size and forecast, by Component
  - 8.4.6.6.3. Market size and forecast, by Deployment Mode
  - 8.4.6.6.4. Market size and forecast, by Applications
  - 8.4.6.6.5. Market size and forecast, by End User
8.5. LAMEA
- 8.5.1. Key trends and opportunities
- 8.5.2. Market size and forecast, by Component
- 8.5.3. Market size and forecast, by Deployment Mode
- 8.5.4. Market size and forecast, by Applications
- 8.5.5. Market size and forecast, by End User
- 8.5.6. Market size and forecast, by country
  - 8.5.6.1. Latin America
  - 8.5.6.1.1. Key market trends, growth factors and opportunities
  - 8.5.6.1.2. Market size and forecast, by Component
  - 8.5.6.1.3. Market size and forecast, by Deployment Mode
  - 8.5.6.1.4. Market size and forecast, by Applications
  - 8.5.6.1.5. Market size and forecast, by End User
  - 8.5.6.2. Middle East
  - 8.5.6.2.1. Key market trends, growth factors and opportunities
  - 8.5.6.2.2. Market size and forecast, by Component
  - 8.5.6.2.3. Market size and forecast, by Deployment Mode
  - 8.5.6.2.4. Market size and forecast, by Applications
  - 8.5.6.2.5. Market size and forecast, by End User
  - 8.5.6.3. Africa
  - 8.5.6.3.1. Key market trends, growth factors and opportunities
  - 8.5.6.3.2. Market size and forecast, by Component
  - 8.5.6.3.3. Market size and forecast, by Deployment Mode
  - 8.5.6.3.4. Market size and forecast, by Applications
  - 8.5.6.3.5. Market size and forecast, by End User

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top player positioning, 2021

CHAPTER 10: COMPANY PROFILES

10.1. Microsoft
- 10.1.1. Company overview
- 10.1.2. Key Executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Business performance
10.2. Samsung
- 10.2.1. Company overview
- 10.2.2. Key Executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Business performance
10.3. Oracle
- 10.3.1. Company overview
- 10.3.2. Key Executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
10.4. IBM
- 10.4.1. Company overview
- 10.4.2. Key Executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Business performance
10.5. Magic Leap, Inc.
- 10.5.1. Company overview
- 10.5.2. Key Executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Key strategic moves and developments
10.6. Blippar Group Limited
- 10.6.1. Company overview
- 10.6.2. Key Executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
10.7. 3rockAR
- 10.7.1. Company overview
- 10.7.2. Key Executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
10.8. Plain Concepts
- 10.8.1. Company overview
- 10.8.2. Key Executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
10.9. VisionLabs
- 10.9.1. Company overview
- 10.9.2. Key Executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Key strategic moves and developments
10.10. Vuzix
- 10.10.1. Company overview
- 10.10.2. Key Executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Business performance
- 10.10.7. Key strategic moves and developments