Global IoT for Finance Market Size study & Forecast, by Solutions, by Service, by End User, by Organization Size and Regional Analysis, 2022-2029

Description

List of Tables

Global IoT for Finance Market is valued at 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. In finance, the Internet of Things (IoT) refers to the incorporation of IoT technology into financial services and products. This can include using IoT devices to improve banking security, developing new forms of digital currency, and analysing IoT data to make better financial decisions. IoT can also be used to improve efficiency and cost savings, as well as increase customer engagement, predictive maintenance, and risk reduction. The Internet of Things has the potential to transform the finance industry by improving security, opening up new avenues for financial innovation, and providing financial institutions with more data to make better decisions. The increasing adoption of digital payments and growing demand for improved security solutions drive market growth.

Post COVID-19 pandemic the adoption of digital transactions have rapidly increased creating strong demand for Global IoT for Finance Market. For instance- as of 2023, globally the transaction value in the Digital Payments segment is estimated at USD 9.47 trillion, and as per estimation, the total transaction value is expected to show an annual growth rate of 11.79% between 2023 & 2027 resulting in a projected total amount of USD 14.79 trillion by 2027. Also, the rising penetration of point-of-sale devices and the growing emergence of digital currencies would create a lucrative growth prospectus for the market over the forecast period. For instance - in December 2022, India's central bank Reserve Bank of India (RBI) announced the launch of the first retail digital Rupee (e₹-R) pilot in the country. Moreover, this e-Rupee would be in the form of a digital token and would be issued in the same denominations as paper currency and coins. In addition, it would be distributed through intermediaries such as banks and financial institutions. However, concern over data privacy hinders the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global IoT for Finance Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading financial institutions as well as the availability of required technological infrastructure in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising deployment of digital banking units by leading banking and financial institutions and the rapid growth of digital transactions in the region.

Major market players included in this report are:

International Business Machines (IBM) Corporation
Microsoft Corporation
SAP
Oracle Corporation
Infosys Ltd
Capgemini
banco atlantico Europa
Cisco Systems Inc.
Accenture
Software AG

Recent Developments in the Market:

In September 2021, Diebold Nixdorf, one of the world's largest providers of banking and retail technology, announced launch of a new system enabling IoT solutions. Moreover, Banks that use Diebold Nixdorf ATMs and have a maintenance contract with the DN All Connect Data Engine (ACDE) technology, could be able to leverage real-time IoT connections to DN ATMs and provide a data-driven, predictive service model.

Global IoT for Finance 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: Solutions, Service, End User, Organization Size, 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 Solutions

Security
Customer Experience Management
Monitoring
Data Management

By Service

Managed Services
Professional Services

By End User

Banking
Insurance

By Organization Size

SMEs
Large Enterprises

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
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. IoT for Finance Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. IoT for Finance Market, by Solutions, 2019-2029 (USD Billion)
- 1.2.3. IoT for Finance Market, by Service, 2019-2029 (USD Billion)
- 1.2.4. IoT for Finance Market, by End User, 2019-2029 (USD Billion)
- 1.2.5. IoT for Finance Market, by Organization Size, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global IoT for Finance 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 IoT for Finance Market Dynamics

3.1. IoT for Finance Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing adoption of digital payments
  - 3.1.1.2. Growing demand for improved security solutions
- 3.1.2. Market Challenges
  - 3.1.2.1. Privacy and security concerns
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising penetration of point-of-sale devices
  - 3.1.3.2. Growing emergence of digital currencies

Chapter 4. Global IoT for Finance 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. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

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 IoT for Finance Market, by Solutions

6.1. Market Snapshot
6.2. Global IoT for Finance Market by Solutions, Performance - Potential Analysis
6.3. Global IoT for Finance Market Estimates & Forecasts by Solutions 2019-2029 (USD Billion)
6.4. IoT for Finance Market, Sub Segment Analysis
- 6.4.1. Security
- 6.4.2. Customer Experience Management
- 6.4.3. Monitoring
- 6.4.4. Data Management

Chapter 7. Global IoT for Finance Market, by Service

7.1. Market Snapshot
7.2. Global IoT for Finance Market by Service, Performance - Potential Analysis
7.3. Global IoT for Finance Market Estimates & Forecasts by Service 2019-2029 (USD Billion)
7.4. IoT for Finance Market, Sub Segment Analysis
- 7.4.1. Managed Services
- 7.4.2. Professional Services

Chapter 8. Global IoT for Finance Market, by End User

8.1. Market Snapshot
8.2. Global IoT for Finance Market by End User, Performance - Potential Analysis
8.3. Global IoT for Finance Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
8.4. IoT for Finance Market, Sub Segment Analysis
- 8.4.1. Banking
- 8.4.2. Insurance

Chapter 9. Global IoT for Finance Market, by Organization Size

9.1. Market Snapshot
9.2. Global IoT for Finance Market by Organization Size, Performance - Potential Analysis
9.3. Global IoT for Finance Market Estimates & Forecasts by Organization Size 2019-2029 (USD Billion)
9.4. IoT for Finance Market, Sub Segment Analysis
- 9.4.1. SMEs
- 9.4.2. Large Enterprises

Chapter 10. Global IoT for Finance Market, Regional Analysis

10.1. IoT for Finance Market, Regional Market Snapshot
10.2. North America IoT for Finance Market
- 10.2.1. U.S. IoT for Finance Market
  - 10.2.1.1. Solutions breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Service breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. End User breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. Organization Size breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada IoT for Finance Market
10.3. Europe IoT for Finance Market Snapshot
- 10.3.1. U.K. IoT for Finance Market
- 10.3.2. Germany IoT for Finance Market
- 10.3.3. France IoT for Finance Market
- 10.3.4. Spain IoT for Finance Market
- 10.3.5. Italy IoT for Finance Market
- 10.3.6. Rest of Europe IoT for Finance Market
10.4. Asia-Pacific IoT for Finance Market Snapshot
- 10.4.1. China IoT for Finance Market
- 10.4.2. India IoT for Finance Market
- 10.4.3. Japan IoT for Finance Market
- 10.4.4. Australia IoT for Finance Market
- 10.4.5. South Korea IoT for Finance Market
- 10.4.6. Rest of Asia Pacific IoT for Finance Market
10.5. Latin America IoT for Finance Market Snapshot
- 10.5.1. Brazil IoT for Finance Market
- 10.5.2. Mexico IoT for Finance Market
- 10.5.3. Rest of Latin America IoT for Finance Market
10.6. Rest of The World IoT for Finance Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. International Business Machines (IBM) Corporation
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Microsoft Corporation
- 11.2.3. SAP
- 11.2.4. Oracle Corporation
- 11.2.5. Infosys Ltd
- 11.2.6. Capgemini
- 11.2.7. banco atlantico Europa
- 11.2.8. Cisco Systems Inc.
- 11.2.9. Accenture
- 11.2.10. Software AG

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global IoT for Finance Market, report scope
TABLE 2. Global IoT for Finance Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global IoT for Finance Market estimates & forecasts by Solutions 2019-2029 (USD Billion)
TABLE 4. Global IoT for Finance Market estimates & forecasts by Service 2019-2029 (USD Billion)
TABLE 5. Global IoT for Finance Market estimates & forecasts by End User 2019-2029 (USD Billion)
TABLE 6. Global IoT for Finance Market estimates & forecasts by Organization Size 2019-2029 (USD Billion)
TABLE 7. Global IoT for Finance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global IoT for Finance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global IoT for Finance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global IoT for Finance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global IoT for Finance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global IoT for Finance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global IoT for Finance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global IoT for Finance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global IoT for Finance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global IoT for Finance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row IoT for Finance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row IoT for Finance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global IoT for Finance Market
TABLE 72. List of primary sources, used in the study of global IoT for Finance Market
TABLE 73. Years considered for the study
TABLE 74. 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 IoT for Finance Market, research methodology
FIG 2. Global IoT for Finance Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global IoT for Finance Market, key trends 2021
FIG 5. Global IoT for Finance Market, growth prospects 2022-2029
FIG 6. Global IoT for Finance Market, porters 5 force model
FIG 7. Global IoT for Finance Market, pest analysis
FIG 8. Global IoT for Finance Market, value chain analysis
FIG 9. Global IoT for Finance Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global IoT for Finance Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global IoT for Finance Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global IoT for Finance Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global IoT for Finance Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global IoT for Finance Market, regional snapshot 2019 & 2029
FIG 15. North America IoT for Finance Market 2019 & 2029 (USD Billion)
FIG 16. Europe IoT for Finance Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific IoT for Finance Market 2019 & 2029 (USD Billion)
FIG 18. Latin America IoT for Finance Market 2019 & 2029 (USD Billion)
FIG 19. Global IoT for Finance Market, company Market share analysis (2021)