Global Internet of Things (IoT) in Banking and Financial Services Market to Reach $59 Billion by 2030
The global market for Internet of Things (IoT) in Banking and Financial Services estimated at US$6.9 Billion in the year 2022, is projected to reach a revised size of US$59 Billion by 2030, growing at a CAGR of 30.8% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 31.9% CAGR and reach US$42.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 28.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 27.9% CAGR
The Internet of Things (IoT) in Banking and Financial Services market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.8 Billion by the year 2030 trailing a CAGR of 27.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.2% and 22.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR.Select Competitors (Total 37 Featured) -
- Accenture
- Allerin Technologies
- Cabot Technology
- Capgemini
- Carriots
- Cisco
- Colan Infotech
- Concirrus
- Ewave Mobile
- Gizmosupport
- Hitachi Vantara
- IBM
- Infosys
- Microsoft
- Mindbowser
- Mulesoft
- Oracle
- Paragyte Technologies
- Ranosys Technologies
- SAP
- Software AG
- Suntec
- Tibbo Systems
- Vodafone
- Zerone Consulting
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture
- Allerin Technologies
- Cabot Technology
- Capgemini
- Carriots
- Cisco
- Colan Infotech
- Concirrus
- Ewave Mobile
- Gizmosupport
- Hitachi Vantara
- IBM
- Infosys
- Microsoft
- Mindbowser
- Mulesoft
- Oracle
- Paragyte Technologies
- Ranosys Technologies
- SAP
- Software AG
- Suntec
- Tibbo Systems
- Vodafone
- Zerone Consulting
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 6.9 Billion |
Forecasted Market Value ( USD | $ 59 Billion |
Compound Annual Growth Rate | 30.8% |
Regions Covered | Global |