North America 5G in BFSI Market Size, Share & Trends Analysis Report By Enterprise Size, By Data Type, By Service, By Deployment Type (Cloud-based, On-Premises, and Hybrid), By Application, By Technology, By Country and Growth Forecast, 2024

List of Tables

The North America 5G in BFSI Market would witness market growth of 31.8% CAGR during the forecast period (2024-2031).

The US market dominated the North America 5G in BFSI Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $26,199.2 million by 2031. The Canada market is experiencing a CAGR of 34.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 33.5% during (2024 - 2031).

The advent of 5G technology has been a transformative force across various industries, and its impact on the BFSI sector is particularly profound. With its unmatched speed, connection, dependability, and latency advantages, 5G-the next generation of wireless communication technology-lays the groundwork for developments in financial services.

The BFSI sector has been at the forefront of adopting technological advancements to meet evolving consumer expectations and competitive pressures. However, the limitations of existing network infrastructures often hindered the sector's ability to fully leverage emerging technologies like the Internet of Things (IoT), Artificial Intelligence (AI), and blockchain.

North America constitutes a highly sophisticated and competitive market for 5G in BFSI sector, propelled by a strong digital infrastructure and the early adoption of cutting-edge technologies. The region's financial institutions are heavily investing in integrating 5G to support real-time analytics, enhance customer experiences, and ensure superior cybersecurity measures. With telecom giants aggressively rolling out 5G networks and governments supporting technological advancements, the region remains at the forefront of leveraging 5G for digital transformation in financial services. Mexico's dynamic fintech landscape is well-positioned to leverage advanced technologies, such as real-time mobile payments, blockchain solutions, and digital banking, to drive innovation and financial inclusion across the region. Hence, North America remains poised to remain a global leader in 5G-enabled financial services.

Based on Enterprise Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises (SMEs). Based on Data Type, the market is segmented into Real-Time Data, Structured Data, and Unstructured Data. Based on Service, the market is segmented into Managed Services, Consulting Services, and Professional Services. Based on Deployment Type, the market is segmented into Cloud-based, On-Premises, and Hybrid. Based on Application, the market is segmented into Mobile Banking & Payments, Fraud Detection & Security, Real-Time Trading & Investment Services, Customer Service (Chatbots, AI), and Smart Branches & ATMs & Others. Based on Technology, the market is segmented into Mobile Connectivity, AI & ML, Cloud Computing, IoT, Blockchain, Edge Computing, and Other Technology. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Vodafone Group Plc
Telefonica S.A.
AT&T Inc.
Verizon Communications, Inc.
Ericsson AB
Nokia Corporation
Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Samsung Electronics Co., Ltd. (Samsung Health)
ZTE Corporation
Qualcomm Incorporated (Qualcomm Technologies, Inc.)

North America 5G in BFSI Market Report Segmentation

By Enterprise Size

Large Enterprises
Small & Medium Enterprises (SMEs)

By Data Type

Real-Time Data
Structured Data
Unstructured Data

By Service

Managed Services
Consulting Services
Professional Services

By Deployment Type

Cloud-based
On-Premises
Hybrid

By Application

Mobile Banking & Payments
Fraud Detection & Security
Real-Time Trading & Investment Services
Customer Service (Chatbots, AI)
Smart Branches & ATMs & Others

By Technology

Mobile Connectivity
AI & ML
Cloud Computing
IoT
Blockchain
Edge Computing
Other Technology

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America 5G in BFSI Market, by Enterprise Size
- 1.4.2 North America 5G in BFSI Market, by Data Type
- 1.4.3 North America 5G in BFSI Market, by Service
- 1.4.4 North America 5G in BFSI Market, by Deployment Type
- 1.4.5 North America 5G in BFSI Market, by Application
- 1.4.6 North America 5G in BFSI Market, by Technology
- 1.4.7 North America 5G in BFSI Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis

Chapter 5. North America 5G in BFSI Market by Enterprise Size

5.1 North America Large Enterprises Market by Region
5.2 North America Small & Medium Enterprises (SMEs) Market by Region

Chapter 6. North America 5G in BFSI Market by Data Type

6.1 North America Real-Time Data Market by Country
6.2 North America Structured Data Market by Country
6.3 North America Unstructured Data Market by Country

Chapter 7. North America 5G in BFSI Market by Service

7.1 North America Managed Services Market by Country
7.2 North America Consulting Services Market by Country
7.3 North America Professional Services Market by Country

Chapter 8. North America 5G in BFSI Market by Deployment Type

8.1 North America Cloud-based Market by Country
8.2 North America On-Premises Market by Country
8.3 North America Hybrid Market by Country

Chapter 9. North America 5G in BFSI Market by Application

9.1 North America Mobile Banking & Payments Market by Country
9.2 North America Fraud Detection & Security Market by Country
9.3 North America Real-Time Trading & Investment Services Market by Country
9.4 North America Customer Service (Chatbots, AI) Market by Country
9.5 North America Smart Branches & ATMs & Others Market by Country

Chapter 10. North America 5G in BFSI Market by Technology

10.1 North America Mobile Connectivity Market by Country
10.2 North America AI & ML Market by Country
10.3 North America Cloud Computing Market by Country
10.4 North America IoT Market by Country
10.5 North America Blockchain Market by Country
10.6 North America Edge Computing Market by Country
10.7 North America Other Technology Market by Country

Chapter 11. North America 5G in BFSI Market by Country

11.1 US 5G in BFSI Market
- 11.1.1 US 5G in BFSI Market by Enterprise Size
- 11.1.2 US 5G in BFSI Market by Data Type
- 11.1.3 US 5G in BFSI Market by Service
- 11.1.4 US 5G in BFSI Market by Deployment Type
- 11.1.5 US 5G in BFSI Market by Application
- 11.1.6 US 5G in BFSI Market by Technology
11.2 Canada 5G in BFSI Market
- 11.2.1 Canada 5G in BFSI Market by Enterprise Size
- 11.2.2 Canada 5G in BFSI Market by Data Type
- 11.2.3 Canada 5G in BFSI Market by Service
- 11.2.4 Canada 5G in BFSI Market by Deployment Type
- 11.2.5 Canada 5G in BFSI Market by Application
- 11.2.6 Canada 5G in BFSI Market by Technology
11.3 Mexico 5G in BFSI Market
- 11.3.1 Mexico 5G in BFSI Market by Enterprise Size
- 11.3.2 Mexico 5G in BFSI Market by Data Type
- 11.3.3 Mexico 5G in BFSI Market by Service
- 11.3.4 Mexico 5G in BFSI Market by Deployment Type
- 11.3.5 Mexico 5G in BFSI Market by Application
- 11.3.6 Mexico 5G in BFSI Market by Technology
11.4 Rest of North America 5G in BFSI Market
- 11.4.1 Rest of North America 5G in BFSI Market by Enterprise Size
- 11.4.2 Rest of North America 5G in BFSI Market by Data Type
- 11.4.3 Rest of North America 5G in BFSI Market by Service
- 11.4.4 Rest of North America 5G in BFSI Market by Deployment Type
- 11.4.5 Rest of North America 5G in BFSI Market by Application
- 11.4.6 Rest of North America 5G in BFSI Market by Technology

Chapter 12. Company Profiles

12.1 Vodafone Group Plc
- 12.1.1 Company Overview
- 12.1.2 Financial Analysis
- 12.1.3 Segmental Analysis
12.2 Telefonica S.A.
- 12.2.1 Company Overview
- 12.2.2 Financial Analysis
- 12.2.3 Segmental Analysis
- 12.2.4 Research & Development Expense
12.3 AT&T, Inc.
- 12.3.1 Company Overview
- 12.3.2 Financial Analysis
- 12.3.3 Segmental and Regional Analysis
- 12.3.4 Research & Development Expense
- 12.3.5 Recent strategies and developments:
  - 12.3.5.1 Partnerships, Collaborations, and Agreements:
- 12.3.6 SWOT Analysis
12.4 Verizon Communications, Inc.
- 12.4.1 Company Overview
- 12.4.2 Financial Analysis
- 12.4.3 Segmental Analysis
- 12.4.4 SWOT Analysis
12.5 Ericsson AB
- 12.5.1 Company Overview
- 12.5.2 Financial Analysis
- 12.5.3 Segmental and Regional Analysis
- 12.5.4 Research & Development Expense
- 12.5.5 SWOT Analysis
12.6 Nokia Corporation
- 12.6.1 Company Overview
- 12.6.2 Financial Analysis
- 12.6.3 Segmental and Regional Analysis
- 12.6.4 Research & Development Expense
- 12.6.5 SWOT Analysis
12.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 12.7.1 Company Overview
- 12.7.2 Financial Analysis
- 12.7.3 Segmental and Regional Analysis
- 12.7.4 Research & Development Expenses
- 12.7.5 SWOT Analysis
12.8 Samsung Electronics Co., Ltd. (Samsung Group)
- 12.8.1 Company Overview
- 12.8.2 Financial Analysis
- 12.8.3 Segmental and Regional Analysis
- 12.8.4 Research & Development Expenses
- 12.8.5 SWOT Analysis
12.9 ZTE Corporation
- 12.9.1 Company Overview
- 12.9.2 Financial Analysis
- 12.9.3 Segmental and Regional Analysis
- 12.9.4 Research & Development Expenses
- 12.9.5 SWOT Analysis
12.10. Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- 12.10.1 Company Overview
- 12.10.2 Financial Analysis
- 12.10.3 Segmental and Regional Analysis
- 12.10.4 Research & Development Expense
- 12.10.5 SWOT Analysis

LIST OF TABLES

TABLE 1 North America 5G in BFSI Market, 2020 - 2023, USD Million
TABLE 2 North America 5G in BFSI Market, 2024 - 2031, USD Million
TABLE 3 North America 5G in BFSI Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 4 North America 5G in BFSI Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 5 North America Large Enterprises Market by Region, 2020 - 2023, USD Million
TABLE 6 North America Large Enterprises Market by Region, 2024 - 2031, USD Million
TABLE 7 North America Small & Medium Enterprises (SMEs) Market by Region, 2020 - 2023, USD Million
TABLE 8 North America Small & Medium Enterprises (SMEs) Market by Region, 2024 - 2031, USD Million
TABLE 9 North America 5G in BFSI Market by Data Type, 2020 - 2023, USD Million
TABLE 10 North America 5G in BFSI Market by Data Type, 2024 - 2031, USD Million
TABLE 11 North America Real-Time Data Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Real-Time Data Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Structured Data Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Structured Data Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Unstructured Data Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Unstructured Data Market by Country, 2024 - 2031, USD Million
TABLE 17 North America 5G in BFSI Market by Service, 2020 - 2023, USD Million
TABLE 18 North America 5G in BFSI Market by Service, 2024 - 2031, USD Million
TABLE 19 North America Managed Services Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Managed Services Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Consulting Services Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Consulting Services Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Professional Services Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Professional Services Market by Country, 2024 - 2031, USD Million
TABLE 25 North America 5G in BFSI Market by Deployment Type, 2020 - 2023, USD Million
TABLE 26 North America 5G in BFSI Market by Deployment Type, 2024 - 2031, USD Million
TABLE 27 North America Cloud-based Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Cloud-based Market by Country, 2024 - 2031, USD Million
TABLE 29 North America On-Premises Market by Country, 2020 - 2023, USD Million
TABLE 30 North America On-Premises Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Hybrid Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Hybrid Market by Country, 2024 - 2031, USD Million
TABLE 33 North America 5G in BFSI Market by Application, 2020 - 2023, USD Million
TABLE 34 North America 5G in BFSI Market by Application, 2024 - 2031, USD Million
TABLE 35 North America Mobile Banking & Payments Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Mobile Banking & Payments Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Fraud Detection & Security Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Fraud Detection & Security Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Real-Time Trading & Investment Services Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Real-Time Trading & Investment Services Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Customer Service (Chatbots, AI) Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Customer Service (Chatbots, AI) Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Smart Branches & ATMs & Others Market by Country, 2020 - 2023, USD Million
TABLE 44 North America Smart Branches & ATMs & Others Market by Country, 2024 - 2031, USD Million
TABLE 45 North America 5G in BFSI Market by Technology, 2020 - 2023, USD Million
TABLE 46 North America 5G in BFSI Market by Technology, 2024 - 2031, USD Million
TABLE 47 North America Mobile Connectivity Market by Country, 2020 - 2023, USD Million
TABLE 48 North America Mobile Connectivity Market by Country, 2024 - 2031, USD Million
TABLE 49 North America AI & ML Market by Country, 2020 - 2023, USD Million
TABLE 50 North America AI & ML Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Cloud Computing Market by Country, 2020 - 2023, USD Million
TABLE 52 North America Cloud Computing Market by Country, 2024 - 2031, USD Million
TABLE 53 North America IoT Market by Country, 2020 - 2023, USD Million
TABLE 54 North America IoT Market by Country, 2024 - 2031, USD Million
TABLE 55 North America Blockchain Market by Country, 2020 - 2023, USD Million
TABLE 56 North America Blockchain Market by Country, 2024 - 2031, USD Million
TABLE 57 North America Edge Computing Market by Country, 2020 - 2023, USD Million
TABLE 58 North America Edge Computing Market by Country, 2024 - 2031, USD Million
TABLE 59 North America Other Technology Market by Country, 2020 - 2023, USD Million
TABLE 60 North America Other Technology Market by Country, 2024 - 2031, USD Million
TABLE 61 North America 5G in BFSI Market by Country, 2020 - 2023, USD Million
TABLE 62 North America 5G in BFSI Market by Country, 2024 - 2031, USD Million
TABLE 63 US 5G in BFSI Market, 2020 - 2023, USD Million
TABLE 64 US 5G in BFSI Market, 2024 - 2031, USD Million
TABLE 65 US 5G in BFSI Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 66 US 5G in BFSI Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 67 US 5G in BFSI Market by Data Type, 2020 - 2023, USD Million
TABLE 68 US 5G in BFSI Market by Data Type, 2024 - 2031, USD Million
TABLE 69 US 5G in BFSI Market by Service, 2020 - 2023, USD Million
TABLE 70 US 5G in BFSI Market by Service, 2024 - 2031, USD Million
TABLE 71 US 5G in BFSI Market by Deployment Type, 2020 - 2023, USD Million
TABLE 72 US 5G in BFSI Market by Deployment Type, 2024 - 2031, USD Million
TABLE 73 US 5G in BFSI Market by Application, 2020 - 2023, USD Million
TABLE 74 US 5G in BFSI Market by Application, 2024 - 2031, USD Million
TABLE 75 US 5G in BFSI Market by Technology, 2020 - 2023, USD Million
TABLE 76 US 5G in BFSI Market by Technology, 2024 - 2031, USD Million
TABLE 77 Canada 5G in BFSI Market, 2020 - 2023, USD Million
TABLE 78 Canada 5G in BFSI Market, 2024 - 2031, USD Million
TABLE 79 Canada 5G in BFSI Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 80 Canada 5G in BFSI Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 81 Canada 5G in BFSI Market by Data Type, 2020 - 2023, USD Million
TABLE 82 Canada 5G in BFSI Market by Data Type, 2024 - 2031, USD Million
TABLE 83 Canada 5G in BFSI Market by Service, 2020 - 2023, USD Million
TABLE 84 Canada 5G in BFSI Market by Service, 2024 - 2031, USD Million
TABLE 85 Canada 5G in BFSI Market by Deployment Type, 2020 - 2023, USD Million
TABLE 86 Canada 5G in BFSI Market by Deployment Type, 2024 - 2031, USD Million
TABLE 87 Canada 5G in BFSI Market by Application, 2020 - 2023, USD Million
TABLE 88 Canada 5G in BFSI Market by Application, 2024 - 2031, USD Million
TABLE 89 Canada 5G in BFSI Market by Technology, 2020 - 2023, USD Million
TABLE 90 Canada 5G in BFSI Market by Technology, 2024 - 2031, USD Million
TABLE 91 Mexico 5G in BFSI Market, 2020 - 2023, USD Million
TABLE 92 Mexico 5G in BFSI Market, 2024 - 2031, USD Million
TABLE 93 Mexico 5G in BFSI Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 94 Mexico 5G in BFSI Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 95 Mexico 5G in BFSI Market by Data Type, 2020 - 2023, USD Million
TABLE 96 Mexico 5G in BFSI Market by Data Type, 2024 - 2031, USD Million
TABLE 97 Mexico 5G in BFSI Market by Service, 2020 - 2023, USD Million
TABLE 98 Mexico 5G in BFSI Market by Service, 2024 - 2031, USD Million
TABLE 99 Mexico 5G in BFSI Market by Deployment Type, 2020 - 2023, USD Million
TABLE 100 Mexico 5G in BFSI Market by Deployment Type, 2024 - 2031, USD Million
TABLE 101 Mexico 5G in BFSI Market by Application, 2020 - 2023, USD Million
TABLE 102 Mexico 5G in BFSI Market by Application, 2024 - 2031, USD Million
TABLE 103 Mexico 5G in BFSI Market by Technology, 2020 - 2023, USD Million
TABLE 104 Mexico 5G in BFSI Market by Technology, 2024 - 2031, USD Million
TABLE 105 Rest of North America 5G in BFSI Market, 2020 - 2023, USD Million
TABLE 106 Rest of North America 5G in BFSI Market, 2024 - 2031, USD Million
TABLE 107 Rest of North America 5G in BFSI Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 108 Rest of North America 5G in BFSI Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 109 Rest of North America 5G in BFSI Market by Data Type, 2020 - 2023, USD Million
TABLE 110 Rest of North America 5G in BFSI Market by Data Type, 2024 - 2031, USD Million
TABLE 111 Rest of North America 5G in BFSI Market by Service, 2020 - 2023, USD Million
TABLE 112 Rest of North America 5G in BFSI Market by Service, 2024 - 2031, USD Million
TABLE 113 Rest of North America 5G in BFSI Market by Deployment Type, 2020 - 2023, USD Million
TABLE 114 Rest of North America 5G in BFSI Market by Deployment Type, 2024 - 2031, USD Million
TABLE 115 Rest of North America 5G in BFSI Market by Application, 2020 - 2023, USD Million
TABLE 116 Rest of North America 5G in BFSI Market by Application, 2024 - 2031, USD Million
TABLE 117 Rest of North America 5G in BFSI Market by Technology, 2020 - 2023, USD Million
TABLE 118 Rest of North America 5G in BFSI Market by Technology, 2024 - 2031, USD Million
TABLE 119 Key information - Vodafone Group Plc
TABLE 120 key information - Telefonica S.A.
TABLE 121 Key Information - AT&T, Inc.
TABLE 122 key information - Verizon Communications, Inc.
TABLE 123 key information - Ericsson AB
TABLE 124 Key Information - Nokia Corporation
TABLE 125 Key Information - Huawei Technologies Co., Ltd.
TABLE 126 Key Information - Samsung Electronics Co., Ltd.
TABLE 127 Key Information - ZTE Corporation
TABLE 128 Key Information - Qualcomm Incorporated

North America 5G in BFSI Market Size, Share & Trends Analysis Report By Enterprise Size, By Data Type, By Service, By Deployment Type (Cloud-based, On-Premises, and Hybrid), By Application, By Technology, By Country and Growth Forecast, 2024 - 2031

Description

Table of Contents