PUBLISHER: KBV Research | PRODUCT CODE: 1093526
PUBLISHER: KBV Research | PRODUCT CODE: 1093526
Asia Pacific Smart Finance Technologies Market Size, Share & Industry Trends Analysis Report By Type (Smart Finance Platforms, Smart Finance Connectivity, Smart Finance Hardware, and Smart Finance Services), By Country and Growth Forecast, 2022 - 2028
The Asia Pacific Smart Finance Technologies Market would witness market growth of 5.0% CAGR during the forecast period (2022-2028).
The severe automation of manual processes (a "zero-ops" mindset) and the replacement or augmentation of human choices by enhanced diagnostics will yield improved operational efficiency for banks. The broad use of classic and cutting-edge AI technologies, including machine learning and facial recognition, to real-time analysis of massive and complex customer data sets, will result in improved operational performance. Future "AI-first" banks will emulate the speed and agility of "digital native" businesses and users. They'll innovate quickly, offering new features in days or weeks rather than months or years. Banks will also work together with non-bank partners to develop new value propositions that span journeys, technological platforms, and data sets.
Banks will also see the opportunity to extend cloud-based microservice architecture in the next years, where application programming interfaces (APIs) enable machine-to-machine communication and allow services to scale independently without having to expand the overall offering's coding base. Microservice-driven architectural transformation in banking will be sparked by the next generation of core banking applications
After the 4th plenary session of the 13th CPC Congress, the financial industry had reached its highest level of development and performance in the previous 13 years. China built a new financial system commensurate with the socialist market economy after more than a decade of effort, in which the financial industry's organizational structure, financial markets, and financial regulatory system have all improved. The financial sector has also been critical in improving macroeconomic control, combating inflation, preventing deflation, supporting economic growth, and ensuring social stability. Financial reform and development have made significant progress in general. China is developing rapidly and the banking sector of the country is adopting smart technologies to improve its efficiency. For instance, China had 87.88 ATMs per 100,000 adults in 2020. Thus, smart finance technologies are expected to be in high demand in the country.
India has 6,636 FinTech startups and is one of the fastest-growing FinTech industries in the world. The Indian FinTech business is expected to be worth $31 billion in 2021 and $150 billion by 2025. Fintech transaction value is expected to expand at a CAGR of 20% from US$66 billion in 2019 to US$138 billion in 2023.
The China market dominated the Asia Pacific Smart Finance Technologies Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $49.1 Million by 2028. The Japan market is experiencing a CAGR of 4.4% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 5.6% during (2022 - 2028).
Based on Type, the market is segmented into Smart Finance Platforms, Smart Finance Connectivity, Smart Finance Hardware, and Smart Finance Services. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Fujitsu Limited, Diebold Nixdorf, Inc., IMS Evolve, Miles Technologies, Inc., Zicom SaaS Pvt. Ltd., Zoho Corporation Pvt. ltd., GRGBanking Equipment Co., Ltd., Dialog Axiata PLC, and Virtusa Corporation.
Scope of the Study
Market Segments covered in the Report:
By Type
- Smart Finance Platforms
- Smart Finance Connectivity
- Smart Finance Hardware
- Smart Finance Services
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Intel Corporation
- Fujitsu Limited
- Diebold Nixdorf, Inc.
- IMS Evolve
- Miles Technologies, Inc.
- Zicom SaaS Pvt. Ltd.
- Zoho Corporation Pvt. ltd.
- GRGBanking Equipment Co., Ltd.
- Dialog Axiata PLC
- Virtusa Corporation
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Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Smart Finance Technologies Market, by Type
- 1.4.2 Asia Pacific Smart Finance Technologies Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. Asia Pacific Smart Finance Technologies Market by Type
- 3.1 Asia Pacific Smart Finance Platforms Market by Country
- 3.2 Asia Pacific Smart Finance Connectivity Market by Country
- 3.3 Asia Pacific Smart Finance Hardware Market by Country
- 3.4 Asia Pacific Smart Finance Services Market by Country
Chapter 4. Asia Pacific Smart Finance Technologies Market by Country
- 4.1 China Smart Finance Technologies Market
- 4.1.1 China Smart Finance Technologies Market by Type
- 4.2 Japan Smart Finance Technologies Market
- 4.2.1 Japan Smart Finance Technologies Market by Type
- 4.3 India Smart Finance Technologies Market
- 4.3.1 India Smart Finance Technologies Market by Type
- 4.4 South Korea Smart Finance Technologies Market
- 4.4.1 South Korea Smart Finance Technologies Market by Type
- 4.5 Singapore Smart Finance Technologies Market
- 4.5.1 Singapore Smart Finance Technologies Market by Type
- 4.6 Malaysia Smart Finance Technologies Market
- 4.6.1 Malaysia Smart Finance Technologies Market by Type
- 4.7 Rest of Asia Pacific Smart Finance Technologies Market
- 4.7.1 Rest of Asia Pacific Smart Finance Technologies Market by Type
Chapter 5. Company Profiles
- 5.1 Intel Corporation
- 5.1.1 Company Overview
- 5.1.2 Financial Analysis
- 5.1.3 Segmental and Regional Analysis
- 5.1.4 Research & Development Expenses
- 5.1.5 SWOT Analysis
- 5.2 Fujitsu Limited
- 5.2.1 Company Overview
- 5.2.2 Financial Analysis
- 5.2.3 SWOT Analysis
- 5.3 Diebold Nixdorf, Inc.
- 5.3.1 Company Overview
- 5.3.2 Financial Analysis
- 5.3.3 Segmental and Regional Analysis
- 5.3.4 Research & Development Expense
- 5.3.5 Recent strategies and developments:
- 5.3.5.1 Partnerships, Collaborations, and Agreements:
- 5.4 IMS Evolve
- 5.4.1 Company Overview
- 5.5 Miles Technologies, Inc.
- 5.5.1 Company Overview
- 5.6 Zicom SaaS Pvt. Ltd.
- 5.6.1 Company Overview
- 5.7 Zoho Corporation Pvt. Ltd. (WebNMS)
- 5.7.1 Company Overview
- 5.8 GRGBanking Equipment Co., Ltd.
- 5.8.1 Company Overview
- 5.9 Dialog Axiata PLC
- 5.9.1 Company Overview
- 5.9.2 Financial Analysis
- 5.9.3 Segmental Analysis
- 5.10. Virtusa Corporation
- 5.10.1 Company Overview
- 5.10.2 Recent strategies and developments:
- 5.10.2.1 Partnerships, Collaborations, and Agreements:
LIST OF TABLES
- TABLE 1 Asia Pacific Smart Finance Technologies Market, 2018 - 2021, USD Million
- TABLE 2 Asia Pacific Smart Finance Technologies Market, 2022 - 2028, USD Million
- TABLE 3 Asia Pacific Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
- TABLE 4 Asia Pacific Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
- TABLE 5 Asia Pacific Smart Finance Platforms Market by Country, 2018 - 2021, USD Million
- TABLE 6 Asia Pacific Smart Finance Platforms Market by Country, 2022 - 2028, USD Million
- TABLE 7 Asia Pacific Smart Finance Connectivity Market by Country, 2018 - 2021, USD Million
- TABLE 8 Asia Pacific Smart Finance Connectivity Market by Country, 2022 - 2028, USD Million
- TABLE 9 Asia Pacific Smart Finance Hardware Market by Country, 2018 - 2021, USD Million
- TABLE 10 Asia Pacific Smart Finance Hardware Market by Country, 2022 - 2028, USD Million
- TABLE 11 Asia Pacific Smart Finance Services Market by Country, 2018 - 2021, USD Million
- TABLE 12 Asia Pacific Smart Finance Services Market by Country, 2022 - 2028, USD Million
- TABLE 13 Asia Pacific Smart Finance Technologies Market by Country, 2018 - 2021, USD Million
- TABLE 14 Asia Pacific Smart Finance Technologies Market by Country, 2022 - 2028, USD Million
- TABLE 15 China Smart Finance Technologies Market, 2018 - 2021, USD Million
- TABLE 16 China Smart Finance Technologies Market, 2022 - 2028, USD Million
- TABLE 17 China Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
- TABLE 18 China Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
- TABLE 19 Japan Smart Finance Technologies Market, 2018 - 2021, USD Million
- TABLE 20 Japan Smart Finance Technologies Market, 2022 - 2028, USD Million
- TABLE 21 Japan Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
- TABLE 22 Japan Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
- TABLE 23 India Smart Finance Technologies Market, 2018 - 2021, USD Million
- TABLE 24 India Smart Finance Technologies Market, 2022 - 2028, USD Million
- TABLE 25 India Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
- TABLE 26 India Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
- TABLE 27 South Korea Smart Finance Technologies Market, 2018 - 2021, USD Million
- TABLE 28 South Korea Smart Finance Technologies Market, 2022 - 2028, USD Million
- TABLE 29 South Korea Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
- TABLE 30 South Korea Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
- TABLE 31 Singapore Smart Finance Technologies Market, 2018 - 2021, USD Million
- TABLE 32 Singapore Smart Finance Technologies Market, 2022 - 2028, USD Million
- TABLE 33 Singapore Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
- TABLE 34 Singapore Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
- TABLE 35 Malaysia Smart Finance Technologies Market, 2018 - 2021, USD Million
- TABLE 36 Malaysia Smart Finance Technologies Market, 2022 - 2028, USD Million
- TABLE 37 Malaysia Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
- TABLE 38 Malaysia Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
- TABLE 39 Rest of Asia Pacific Smart Finance Technologies Market, 2018 - 2021, USD Million
- TABLE 40 Rest of Asia Pacific Smart Finance Technologies Market, 2022 - 2028, USD Million
- TABLE 41 Rest of Asia Pacific Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
- TABLE 42 Rest of Asia Pacific Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
- TABLE 43 Key Information - Intel Corporation
- TABLE 44 Key Information - Fujitsu Limited
- TABLE 45 Key Information - Diebold Nixdorf, Inc.
- TABLE 46 Key Information - IMS Evolve
- TABLE 47 Key Information - Miles Technologies, Inc.
- TABLE 48 Key Information - Zicom SaaS Pvt. Ltd.
- TABLE 49 Key Information - Zoho Corporation Pvt. Ltd.
- TABLE 50 Key Information - GRGBanking Equipment Co., Ltd.
- TABLE 51 Key Information - Dialog Axiata PLC
- TABLE 52 Key Information - Virtusa Corporation
List of Figures
- FIG 1 Methodology for the research
- FIG 2 SWOT analysis: Intel corporation
- FIG 3 SWOT Analysis: Fujitsu Limited
