Global Smart Machines in Banking Market Size study & Forecast, by Component by Machine Type By Technology and Regional Analysis, 2022-2029

Description

List of Tables

Global Smart Machines in Banking Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Smart Machines refers to a device integrated with machine-to-machine (M2M) technology and other computing technologies such as artificial intelligence (AI), machine learning & deep learning utilized by banking and financial services institutions. These machines are used in banking sector to access frauds and to manage risk associated with different aspects of banking such as credit risk assessment etc. The growing number of Machine-to-machine connections worldwide and rising digitization in banking sector worldwide as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to Statista - during 2020, globally around 8.9 billion machines to machine (M2M) connections were estimated, and as per projection the number of M2M connections would grow to 14.7 billion connections by 2023. Also, rising integration of speech recognition systems with smart machines and growing penetration of digital banking services would create lucrative growth prospectus for the market over the forecast period. However, the high cost of Smart Machines and rising security concerns impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Smart Machines in Banking Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to presence of leading market players as well as availability of required technological infrastructure in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising banking sector and growing emergence of digital banking services in the region.

Major market players included in this report are:

Aethon

Apple Inc.

BAE Systems

Digital Reasoning Systems Inc

General Electric

Google LLC,

International Business Machines (IBM) Corporation

KUKA AG

Mobile Industrial Robots A/S

Salesforce.com Inc.

Recent Developments in the Market:

In June 2021, Dover Federal Credit Union (DFCU), collaborated with interface.ai' for deployment of Intelligent Virtual Assistant (IVA). This new IVA would be initially available through DFCU's call center, followed by their website and mobile banking services.
In September 2021, Arvest Bank announced collaboration with Thought Machine and Accenture for deployment of next generation core banking platform. Through this partnership both the players would facilitate Arvest Bank to build personalized, real-time banking services for its customers.

Global Smart Machines in Banking Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered Component, Machine Type, Technology, Region

Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component

Hardware

Software

Service

By Machine Type

Robots

Autonomous Cars

Drones

Wearable Devices

Others

By Technology

Cloud Computing Technology

Big Data

Internet of Everything

Robotics

Cognitive Technology

Affective Technology

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Smart Machines in Banking Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Smart Machines in Banking Market, by Component, 2019-2029 (USD Billion)
- 1.2.3. Smart Machines in Banking Market, by Machine Type, 2019-2029 (USD Billion)
- 1.2.4. Smart Machines in Banking Market, by Technology, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Smart Machines in Banking Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Smart Machines in Banking Market Dynamics

3.1. Smart Machines in Banking Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing number of Machine-to-machine connections worldwide.
  - 3.1.1.2. Rising digitization in banking sector worldwide.
  - 3.1.1.3. Strategic initiatives from leading market players.
- 3.1.2. Market Challenges
  - 3.1.2.1. High deployment cost.
  - 3.1.2.2. Rising concern over data security.
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing integration of speech recognition systems with smart machines.
  - 3.1.3.2. Rising penetration of digital banking services.

Chapter 4. Global Smart Machines in Banking Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Smart Machines in Banking Market, by Component

6.1. Market Snapshot
6.2. Global Smart Machines in Banking Market by Component, Performance - Potential Analysis
6.3. Global Smart Machines in Banking Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
6.4. Smart Machines in Banking Market, Sub Segment Analysis
- 6.4.1. Hardware
- 6.4.2. Software
- 6.4.3. Service

Chapter 7. Global Smart Machines in Banking Market, by Machine Type

7.1. Market Snapshot
7.2. Global Smart Machines in Banking Market by Machine Type, Performance - Potential Analysis
7.3. Global Smart Machines in Banking Market Estimates & Forecasts by Machine Type 2019-2029 (USD Billion)
7.4. Smart Machines in Banking Market, Sub Segment Analysis
- 7.4.1. Robots
- 7.4.2. Autonomous Cars
- 7.4.3. Drones
- 7.4.4. Wearable Devices
- 7.4.5. Others

Chapter 8. Global Smart Machines in Banking Market, by Technology

8.1. Market Snapshot
8.2. Global Smart Machines in Banking Market by Technology, Performance - Potential Analysis
8.3. Global Smart Machines in Banking Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
8.4. Smart Machines in Banking Market, Sub Segment Analysis
- 8.4.1. Cloud Computing Technology
- 8.4.2. Big Data
- 8.4.3. Internet of Everything
- 8.4.4. Robotics
- 8.4.5. Cognitive Technology
- 8.4.6. Affective Technology

Chapter 9. Global Smart Machines in Banking Market, Regional Analysis

9.1. Smart Machines in Banking Market, Regional Market Snapshot
9.2. North America Smart Machines in Banking Market
- 9.2.1. U.S. Smart Machines in Banking Market
  - 9.2.1.1. Component breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Machine Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Technology breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Smart Machines in Banking Market
9.3. Europe Smart Machines in Banking Market Snapshot
- 9.3.1. U.K. Smart Machines in Banking Market
- 9.3.2. Germany Smart Machines in Banking Market
- 9.3.3. France Smart Machines in Banking Market
- 9.3.4. Spain Smart Machines in Banking Market
- 9.3.5. Italy Smart Machines in Banking Market
- 9.3.6. Rest of Europe Smart Machines in Banking Market
9.4. Asia-Pacific Smart Machines in Banking Market Snapshot
- 9.4.1. China Smart Machines in Banking Market
- 9.4.2. India Smart Machines in Banking Market
- 9.4.3. Japan Smart Machines in Banking Market
- 9.4.4. Australia Smart Machines in Banking Market
- 9.4.5. South Korea Smart Machines in Banking Market
- 9.4.6. Rest of Asia Pacific Smart Machines in Banking Market
9.5. Latin America Smart Machines in Banking Market Snapshot
- 9.5.1. Brazil Smart Machines in Banking Market
- 9.5.2. Mexico Smart Machines in Banking Market
9.6. Rest of The World Smart Machines in Banking Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Aethon
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Apple Inc.
- 10.2.3. BAE Systems
- 10.2.4. Digital Reasoning Systems Inc
- 10.2.5. General Electric
- 10.2.6. Google LLC,
- 10.2.7. International Business Machines (IBM) Corporation
- 10.2.8. KUKA AG
- 10.2.9. Mobile Industrial Robots A/S
- 10.2.10. Salesforce.com Inc.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Smart Machines in Banking Market, report scope
TABLE 2. Global Smart Machines in Banking Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Smart Machines in Banking Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 4. Global Smart Machines in Banking Market estimates & forecasts by Machine Type 2019-2029 (USD Billion)
TABLE 5. Global Smart Machines in Banking Market estimates & forecasts by Technology 2019-2029 (USD Billion)
TABLE 6. Global Smart Machines in Banking Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Smart Machines in Banking Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Smart Machines in Banking Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Smart Machines in Banking Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Smart Machines in Banking Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Smart Machines in Banking Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Smart Machines in Banking Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Smart Machines in Banking Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Smart Machines in Banking Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Smart Machines in Banking Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Smart Machines in Banking Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Smart Machines in Banking Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Smart Machines in Banking Market
TABLE 71. List of primary sources, used in the study of global Smart Machines in Banking Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Smart Machines in Banking Market, research methodology
FIG 2. Global Smart Machines in Banking Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Smart Machines in Banking Market, key trends 2021
FIG 5. Global Smart Machines in Banking Market, growth prospects 2022-2029
FIG 6. Global Smart Machines in Banking Market, porters 5 force model
FIG 7. Global Smart Machines in Banking Market, pest analysis
FIG 8. Global Smart Machines in Banking Market, value chain analysis
FIG 9. Global Smart Machines in Banking Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Smart Machines in Banking Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Smart Machines in Banking Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Smart Machines in Banking Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Smart Machines in Banking Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Smart Machines in Banking Market, regional snapshot 2019 & 2029
FIG 15. North America Smart Machines in Banking Market 2019 & 2029 (USD Billion)
FIG 16. Europe Smart Machines in Banking Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Smart Machines in Banking Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Smart Machines in Banking Market 2019 & 2029 (USD Billion)
FIG 19. Global Smart Machines in Banking Market, company Market share analysis (2021)