Internet of Things (IoT) Start-up Tracker-Payments

Description

Disruptive Technologies and Strategies are Enabling Contactless and Frictionless Payments

This Internet of Things (IoT) start-up tracker focuses on the payments segment in the banking and financial services industry. It is a resource to help ecosystem participants identify solution providers with offerings that address industry challenges. It takes a close look at the IoT start-ups and niche players that can transform processes in payment services and add value to the end user.

IoT is reshaping the banking and financial services landscape. Devices with embedded sensors connected to networks that transmit data that provide strategic insights are helping introduce innovative processes that simplify financial transactions. The introduction of IoT technologies in the banking and financial services sector is making way for business models that improve operations and decision-making, enhance customer experience, and unlock new revenue streams across verticals.

Frost & Sullivan has conducted detailed primary interviews with IoT start-ups from across regions that are standing out in the payments segment to generate competitive profiles and understand relevant developments, strategies, and value propositions. The study also examines the factors driving and restraining growth in this market and identifies the growth opportunities emerging from the changing landscape for market players and stakeholders to leverage.

Product Code: K89C-67

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the IoT Payments Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Market Definitions and Methodology

Definition
Scope of the Study
Research Process and Methodology
IoT in Payment-Key Topics Covered in this Study

IoT in Banking and Financial Services

IoT in Banking and Financial Services
IoT Applications in Banking and Financial Services
Benefits of IoT Solutions in Banking and Financial Services

Digital Payments Enabled by IoT

Digital Payment
Digital Payment Methods
IoT Payments Concept
Frictionless Payments enabled by IoT*
Eliminating Points of Friction to Support Frictionless Retail*
Existing IoT Implementations Supporting Emerging Frictionless Retail*

IoT Payments across Verticals

IoT Payments-Retail
IoT Payments-Retail, Applications
IoT Payments-Retail, Use Cases
IoT Payments-Automotive and Mobility
IoT Payments-Automotive and Mobility, Applications
IoT Payments-Automotive and Mobility, Use Cases
IoT Payments-Wearables
IoT Payments-Wearables, Use Cases
IoT Payments-Smart Home
IoT Payments-Smart Home, Applications
IoT Payments-Smart Home and Voice Assistance, Use Cases
IoT Payments-Smart Home and Voice Assistant
IoT Payments-Smart Home and Voice Assistant, Applications
IoT Payments-Smart Home and Voice Assistant, Use Cases

Key Competitors

Key Competitors (Start-ups)
Scoring Methodology for Competitive Profiles
Innovation Target for Competitive Profiles

Company Profiles

Gr4vy-Company Profile
Gr4vy-Analyst Viewpoint
Car IQ-Company Profile
Car IQ-Analyst Viewpoint
Aurea Pay&Pass-Company Profile
Aurea Pay&Pass-Analyst Viewpoint
Star-Company Profile
Star-Analyst Viewpoint

Growth Opportunity Universe

Growth Opportunity 1: Biometric Authentication and IoT to ensure Security in Payments
Growth Opportunity 2: Affordable Hardware for Transition to Cashier-less Stores
Growth Opportunity 3: Connectivity Interoperability for Seamless Payments
Growth Opportunity 4: Consulting and Support for Increased Awareness
List of Exhibits
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