PUBLISHER: Value Market Research | PRODUCT CODE: 1481865
PUBLISHER: Value Market Research | PRODUCT CODE: 1481865
Global IoT in Banking & Financial Services Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032
The global demand for IoT in Banking & Financial Services Market is presumed to reach the market size of nearly USD 50.4 Billion by 2032 from USD 1.15 Billion in 2023 with a CAGR of 52.2% under the study period 2024-2032.
IoT (Internet of Things) in banking and financial services refers to integrating IoT devices and technologies into the operations and services offered by banks and financial institutions. These IoT devices, such as sensors, wearables, and connected devices, enable banks to collect real-time data and insights on customer behavior, transactions, and preferences. IoT in banking enables enhanced customer experiences through personalized services, predictive analytics, and proactive fraud detection. Additionally, IoT devices can improve operational efficiency by automating processes, monitoring asset performance, and optimizing resource allocation.
MARKET DYNAMICS
The booming digitization of financial services and the rise of online banking, mobile payments, and digital wallets drive demand for IoT solutions that enhance customer experience, streamline operations, and improve efficiency in the banking sector. IoT devices such as smart ATMs, connected payment terminals, and wearable payment devices are transforming how customers interact with banks & access financial services, offering convenience, speed, and security. Additionally, the proliferation of connected devices and sensors in the banking ecosystem, including branch offices, ATMs, and back-office operations, enables banks to gather real-time data insights and optimize processes such as cash management, security monitoring, and customer service. Furthermore, the spurring focus on cybersecurity and data privacy is driving the adoption of IoT in banking & financial services to protect sensitive financial information and prevent cyber threats.
Moreover, regulatory initiatives and industry standards promoting interoperability, data sharing, and open banking drive collaboration and innovation in developing and deploying IoT in banking & financial services. Additionally, the integration of IoT with emerging technologies such as artificial intelligence (AI), blockchain, and cloud computing is driving innovation and creating new opportunities for banks to deliver personalized, data-driven financial services and products to customers. However, concerns about data security, privacy, and regulatory compliance may challenge the IoT in banking & financial services market growth in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of IoT in Banking & Financial Services. The growth and trends of IoT in Banking & Financial Services industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the IoT in Banking & Financial Services market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Data Management
- Cyber Security
- Proactive Services
- Product Planning & Marketing
- Customer Relationship Management
- Data Analysis
By Component
- Hardware
- Software
- Service
By End-User
- Banks
- Insurance Companies
- Mortgage Companies
- Brokerage Firms
- Others
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the IoT in Banking & Financial Services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the IoT in Banking & Financial Services market include Microsoft Corporation, IBM Corporation, Oracle Corporation, SAP SE, Cisco Systems Inc., Accenture, Infosys Limited, Vodafone Group Plc, Software AG, Capgemini SE, Among Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. IOT IN BANKING & FINANCIAL SERVICES - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Application
- 3.7.2 Market Attractiveness Analysis By Component
- 3.7.3 Market Attractiveness Analysis By End-User
- 3.7.4 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL IOT IN BANKING & FINANCIAL SERVICES MARKET ANALYSIS BY APPLICATION
- 5.1. Overview By Application
- 5.2. Historical and Forecast Data
- 5.3. Analysis By Application
- 5.4. Data Management Historic and Forecast Sales By Regions
- 5.5. Cyber Security Historic and Forecast Sales By Regions
- 5.6. Proactive Services Historic and Forecast Sales By Regions
- 5.7. Product Planning & Marketing Historic and Forecast Sales By Regions
- 5.8. Customer Relationship Management Historic and Forecast Sales By Regions
- 5.9. Data Analysis Historic and Forecast Sales By Regions
6. GLOBAL IOT IN BANKING & FINANCIAL SERVICES MARKET ANALYSIS BY COMPONENT
- 6.1. Overview By Component
- 6.2. Historical and Forecast Data
- 6.3. Analysis By Component
- 6.4. Hardware Historic and Forecast Sales By Regions
- 6.5. Software Historic and Forecast Sales By Regions
- 6.6. Service Historic and Forecast Sales By Regions
7. GLOBAL IOT IN BANKING & FINANCIAL SERVICES MARKET ANALYSIS BY END-USER
- 7.1. Overview By End-User
- 7.2. Historical and Forecast Data
- 7.3. Analysis By End-User
- 7.4. Banks Historic and Forecast Sales By Regions
- 7.5. Insurance Companies Historic and Forecast Sales By Regions
- 7.6. Mortgage Companies Historic and Forecast Sales By Regions
- 7.7. Brokerage Firms Historic and Forecast Sales By Regions
- 7.8. Others Historic and Forecast Sales By Regions
8. GLOBAL IOT IN BANKING & FINANCIAL SERVICES MARKET ANALYSIS BY GEOGRAPHY
- 8.1. Regional Outlook
- 8.2. Introduction
- 8.3. North America Sales Analysis
- 8.3.1 Overview, Historic and Forecast Data Sales Analysis
- 8.3.2 North America By Segment Sales Analysis
- 8.3.3 North America By Country Sales Analysis
- 8.3.4 United States Sales Analysis
- 8.3.5 Canada Sales Analysis
- 8.3.6 Mexico Sales Analysis
- 8.4. Europe Sales Analysis
- 8.4.1 Overview, Historic and Forecast Data Sales Analysis
- 8.4.2 Europe By Segment Sales Analysis
- 8.4.3 Europe By Country Sales Analysis
- 8.4.4 United Kingdom Sales Analysis
- 8.4.5 France Sales Analysis
- 8.4.6 Germany Sales Analysis
- 8.4.7 Italy Sales Analysis
- 8.4.8 Russia Sales Analysis
- 8.4.9 Rest Of Europe Sales Analysis
- 8.5. Asia Pacific Sales Analysis
- 8.5.1 Overview, Historic and Forecast Data Sales Analysis
- 8.5.2 Asia Pacific By Segment Sales Analysis
- 8.5.3 Asia Pacific By Country Sales Analysis
- 8.5.4 China Sales Analysis
- 8.5.5 India Sales Analysis
- 8.5.6 Japan Sales Analysis
- 8.5.7 South Korea Sales Analysis
- 8.5.8 Australia Sales Analysis
- 8.5.9 South East Asia Sales Analysis
- 8.5.10 Rest Of Asia Pacific Sales Analysis
- 8.6. Latin America Sales Analysis
- 8.6.1 Overview, Historic and Forecast Data Sales Analysis
- 8.6.2 Latin America By Segment Sales Analysis
- 8.6.3 Latin America By Country Sales Analysis
- 8.6.4 Brazil Sales Analysis
- 8.6.5 Argentina Sales Analysis
- 8.6.6 Peru Sales Analysis
- 8.6.7 Chile Sales Analysis
- 8.6.8 Rest of Latin America Sales Analysis
- 8.7. Middle East & Africa Sales Analysis
- 8.7.1 Overview, Historic and Forecast Data Sales Analysis
- 8.7.2 Middle East & Africa By Segment Sales Analysis
- 8.7.3 Middle East & Africa By Country Sales Analysis
- 8.7.4 Saudi Arabia Sales Analysis
- 8.7.5 UAE Sales Analysis
- 8.7.6 Israel Sales Analysis
- 8.7.7 South Africa Sales Analysis
- 8.7.8 Rest Of Middle East And Africa Sales Analysis
9. COMPETITIVE LANDSCAPE OF THE IOT IN BANKING & FINANCIAL SERVICES COMPANIES
- 9.1. IoT in Banking & Financial Services Market Competition
- 9.2. Partnership/Collaboration/Agreement
- 9.3. Merger And Acquisitions
- 9.4. New Product Launch
- 9.5. Other Developments
10. COMPANY PROFILES OF IOT IN BANKING & FINANCIAL SERVICES INDUSTRY
- 10.1. Top Companies Market Share Analysis
- 10.2. Market Concentration Rate
- 10.3. Microsoft Corporation
- 10.3.1 Company Overview
- 10.3.2 Company Revenue
- 10.3.3 Products
- 10.3.4 Recent Developments
- 10.4. IBM Corporation
- 10.4.1 Company Overview
- 10.4.2 Company Revenue
- 10.4.3 Products
- 10.4.4 Recent Developments
- 10.5. Oracle Corporation
- 10.5.1 Company Overview
- 10.5.2 Company Revenue
- 10.5.3 Products
- 10.5.4 Recent Developments
- 10.6. SAP SE
- 10.6.1 Company Overview
- 10.6.2 Company Revenue
- 10.6.3 Products
- 10.6.4 Recent Developments
- 10.7. Cisco Systems Inc.
- 10.7.1 Company Overview
- 10.7.2 Company Revenue
- 10.7.3 Products
- 10.7.4 Recent Developments
- 10.8. Accenture
- 10.8.1 Company Overview
- 10.8.2 Company Revenue
- 10.8.3 Products
- 10.8.4 Recent Developments
- 10.9. Infosys Limited
- 10.9.1 Company Overview
- 10.9.2 Company Revenue
- 10.9.3 Products
- 10.9.4 Recent Developments
- 10.10. Vodafone Group Plc
- 10.10.1 Company Overview
- 10.10.2 Company Revenue
- 10.10.3 Products
- 10.10.4 Recent Developments
- 10.11. Software AG
- 10.11.1 Company Overview
- 10.11.2 Company Revenue
- 10.11.3 Products
- 10.11.4 Recent Developments
- 10.12. Capgemini SE
- 10.12.1 Company Overview
- 10.12.2 Company Revenue
- 10.12.3 Products
- 10.12.4 Recent Developments
- 10.13. Others
- 10.13.1 Company Overview
- 10.13.2 Company Revenue
- 10.13.3 Products
- 10.13.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers: Impact Analysis
- Restraints: Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- Analysis By Application (Units and USD MN)
- Data Management Market Sales By Geography (Units and USD MN)
- Cyber Security Market Sales By Geography (Units and USD MN)
- Proactive Services Market Sales By Geography (Units and USD MN)
- Product Planning & Marketing Market Sales By Geography (Units and USD MN)
- Customer Relationship Management Market Sales By Geography (Units and USD MN)
- Data Analysis Market Sales By Geography (Units and USD MN)
- Analysis By Component (Units and USD MN)
- Hardware Market Sales By Geography (Units and USD MN)
- Software Market Sales By Geography (Units and USD MN)
- Service Market Sales By Geography (Units and USD MN)
- Analysis By End-User (Units and USD MN)
- Banks Market Sales By Geography (Units and USD MN)
- Insurance Companies Market Sales By Geography (Units and USD MN)
- Mortgage Companies Market Sales By Geography (Units and USD MN)
- Brokerage Firms Market Sales By Geography (Units and USD MN)
- Others Market Sales By Geography (Units and USD MN)
- Global IoT in Banking & Financial Services Market Sales By Geography (Units and USD MN)
- North America Market Analysis (Units and USD MN)
- United States Market Analysis (Units and USD MN)
- Canada Market Analysis (Units and USD MN)
- Mexico Market Analysis (Units and USD MN)
- Europe Market Analysis (Units and USD MN)
- Europe Market Estimate By Country (Units and USD MN)
- United Kingdom Market Analysis (Units and USD MN)
- France Market Analysis (Units and USD MN)
- Germany Market Analysis (Units and USD MN)
- Italy Market Analysis (Units and USD MN)
- Russia Market Analysis (Units and USD MN)
- Spain Market Analysis (Units and USD MN)
- Rest of Europe Market Analysis (Units and USD MN)
- Asia Pacific Market Analysis (Units and USD MN)
- China Market Analysis (Units and USD MN)
- Japan Market Analysis (Units and USD MN)
- India Market Analysis (Units and USD MN)
- South Korea Market Analysis (Units and USD MN)
- Australia Market Analysis (Units and USD MN)
- South East Asia Market Analysis (Units and USD MN)
- Rest of Asia Pacific Market Analysis (Units and USD MN)
- Latin America Market Analysis (Units and USD MN)
- Brazil Market Analysis (Units and USD MN)
- Argentina Market Analysis (Units and USD MN)
- Peru Market Analysis (Units and USD MN)
- Chile Market Analysis (Units and USD MN)
- Rest of Latin America Market Analysis (Units and USD MN)
- Middle East & Africa Market Analysis (Units and USD MN)
- Saudi Arabia Market Analysis (Units and USD MN)
- UAE Market Analysis (Units and USD MN)
- Israel Market Analysis (Units and USD MN)
- South Africa Market Analysis (Units and USD MN)
- Rest of Middle East and Africa Market Analysis (Units and USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisition
LIST OF FIGURES
- Research Scope of IoT in Banking & Financial Services Report
- Market Research Process
- Market Research Methodology
- Global IoT in Banking & Financial Services Market Size, By Region (Units and USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis By Application
- Market Attractiveness Analysis By Component
- Market Attractiveness Analysis By End-User
- Market Attractiveness Analysis By Region
- Value Chain Analysis
- Global Market Analysis By Application (Units and USD MN)
- Data Management Market Sales By Geography (Units and USD MN)
- Cyber Security Market Sales By Geography (Units and USD MN)
- Proactive Services Market Sales By Geography (Units and USD MN)
- Product Planning & Marketing Market Sales By Geography (Units and USD MN)
- Customer Relationship Management Market Sales By Geography (Units and USD MN)
- Data Analysis Market Sales By Geography (Units and USD MN)
- Global Market Analysis By Component (Units and USD MN)
- Hardware Market Sales By Geography (Units and USD MN)
- Software Market Sales By Geography (Units and USD MN)
- Service Market Sales By Geography (Units and USD MN)
- Global Market Analysis By End-User (Units and USD MN)
- Banks Market Sales By Geography (Units and USD MN)
- Insurance Companies Market Sales By Geography (Units and USD MN)
- Mortgage Companies Market Sales By Geography (Units and USD MN)
- Brokerage Firms Market Sales By Geography (Units and USD MN)
- Others Market Sales By Geography (Units and USD MN)
- Global Market Sales (Units and USD MN)
- North America Market Sales (Units and USD MN)
- Europe Market Sales (Units and USD MN)
- Asia Pacific Market Sales (Units and USD MN)
- Latin America Market Sales (Units and USD MN)
- Middle East & Africa Market Sales (Units and USD MN)
- Recent Development in Industry
- Top Company Market Share Analysis
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
