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Internet of Things in Banking Market By Offering, By Deployment Model, By Application, By Enterprise Size: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 285 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670779
Description Jump to:
Customers of modern banks nowadays are considered to be much less loyal, more demanding, and increasingly at ease with switching to comprehensive digital banking experience. Moreover, many customers are opting for digital to services to avail various banking and financial services from self-service to automated wealth advisory and management services, thus, customers feel more comfortable discussing their finances with a bot than with an actual human being. Furthermore, the mixed of cost, customer expectations, and intensive market competition pose a huge risk to banks. As a result, to compete with increased expectations, the emphasis of most banks has shifted to provide new and enhanced experiences as well as more value to consumers and workers. IoT is one of the technologies that banks are embracing. In the midst of significant digital disruption, banks are evaluating how IoT may help build solutions that are specially tailored to client requirements.

Rise in demands for IoT applications is propelling the growth of the global IoT in the banking market. Furthermore, increasing penetration of IoT-powered smartphones and smart wearables are also expected to aid in the growth of IoT solutions in the banking industry. However, higher installation costs and complex infrastructural requirements can hamper the market growth. Conversely, advancements in the field of IoT and cloud technology are expected to offer remunerative opportunities for the expansion of the IoT in banking market during the forecast period.

The IoT in banking market is segmented on the basis of offering, deployment model, application, enterprise size, and region. By offering, the market is segmented into solution and services. On the basis of deployment model, the market is bifurcated into on-premise and cloud.

Depending on application, the market is classified into smart ATMs, customer management and support, security and authentication, and others. Based on enterprise size, the market is segmented into large enterprises and SMEs. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global IoT in banking market is dominated by key players, such as Accenture, Capgemini, Cisco Systems, Inc., Dynamics, Inc., GE Digital, IBM, Infosys Limited, Mastercard, Microsoft Corporation, Oracle Corporation, PTC, SAP SE, Software AG, Stripe, Temenos, Tibbo Systems, and Vodafone Group Plc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the internet of things (iot) in banking market analysis from 2021 to 2031 to identify the prevailing internet of things (iot) in banking market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the internet of things (iot) in banking market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global internet of things (iot) in banking market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Offering

  • Solution
  • Services

By Deployment Model

  • On-premise
  • Cloud

By Application

  • Smart ATMs
  • Customer Management and Support
  • Security and Authentication
  • Others

By Enterprise Size

  • Large Enterprises
  • SMEs

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • IBM Corporation

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: INTERNET OF THINGS (IOT) IN BANKING MARKET, BY OFFERING
4.1 Overview
4.1.1 Market size and forecast
4.2 Solution
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Services
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: INTERNET OF THINGS (IOT) IN BANKING MARKET, BY DEPLOYMENT MODEL
5.1 Overview
5.1.1 Market size and forecast
5.2 On-premise
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Cloud
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: INTERNET OF THINGS (IOT) IN BANKING MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Smart ATMs
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Customer Management and Support
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Security and Authentication
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Others
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
CHAPTER 7: INTERNET OF THINGS (IOT) IN BANKING MARKET, BY ENTERPRISE SIZE
7.1 Overview
7.1.1 Market size and forecast
7.2 Large Enterprises
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 SMEs
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
CHAPTER 8: INTERNET OF THINGS (IOT) IN BANKING MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Offering
8.2.3 North America Market size and forecast, by Deployment Model
8.2.4 North America Market size and forecast, by Application
8.2.5 North America Market size and forecast, by Enterprise Size
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Offering
8.2.6.1.2 Market size and forecast, by Deployment Model
8.2.6.1.3 Market size and forecast, by Application
8.2.6.1.4 Market size and forecast, by Enterprise Size
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Offering
8.2.6.2.2 Market size and forecast, by Deployment Model
8.2.6.2.3 Market size and forecast, by Application
8.2.6.2.4 Market size and forecast, by Enterprise Size
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Offering
8.3.3 Europe Market size and forecast, by Deployment Model
8.3.4 Europe Market size and forecast, by Application
8.3.5 Europe Market size and forecast, by Enterprise Size
8.3.6 Europe Market size and forecast, by country
8.3.6.1 United Kingdom
8.3.6.1.1 Market size and forecast, by Offering
8.3.6.1.2 Market size and forecast, by Deployment Model
8.3.6.1.3 Market size and forecast, by Application
8.3.6.1.4 Market size and forecast, by Enterprise Size
8.3.6.2 Germany
8.3.6.2.1 Market size and forecast, by Offering
8.3.6.2.2 Market size and forecast, by Deployment Model
8.3.6.2.3 Market size and forecast, by Application
8.3.6.2.4 Market size and forecast, by Enterprise Size
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Offering
8.3.6.3.2 Market size and forecast, by Deployment Model
8.3.6.3.3 Market size and forecast, by Application
8.3.6.3.4 Market size and forecast, by Enterprise Size
8.3.6.4 Italy
8.3.6.4.1 Market size and forecast, by Offering
8.3.6.4.2 Market size and forecast, by Deployment Model
8.3.6.4.3 Market size and forecast, by Application
8.3.6.4.4 Market size and forecast, by Enterprise Size
8.3.6.5 Spain
8.3.6.5.1 Market size and forecast, by Offering
8.3.6.5.2 Market size and forecast, by Deployment Model
8.3.6.5.3 Market size and forecast, by Application
8.3.6.5.4 Market size and forecast, by Enterprise Size
8.3.6.6 Netherlands
8.3.6.6.1 Market size and forecast, by Offering
8.3.6.6.2 Market size and forecast, by Deployment Model
8.3.6.6.3 Market size and forecast, by Application
8.3.6.6.4 Market size and forecast, by Enterprise Size
8.3.6.7 Rest of Europe
8.3.6.7.1 Market size and forecast, by Offering
8.3.6.7.2 Market size and forecast, by Deployment Model
8.3.6.7.3 Market size and forecast, by Application
8.3.6.7.4 Market size and forecast, by Enterprise Size
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Offering
8.4.3 Asia-Pacific Market size and forecast, by Deployment Model
8.4.4 Asia-Pacific Market size and forecast, by Application
8.4.5 Asia-Pacific Market size and forecast, by Enterprise Size
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Offering
8.4.6.1.2 Market size and forecast, by Deployment Model
8.4.6.1.3 Market size and forecast, by Application
8.4.6.1.4 Market size and forecast, by Enterprise Size
8.4.6.2 India
8.4.6.2.1 Market size and forecast, by Offering
8.4.6.2.2 Market size and forecast, by Deployment Model
8.4.6.2.3 Market size and forecast, by Application
8.4.6.2.4 Market size and forecast, by Enterprise Size
8.4.6.3 Japan
8.4.6.3.1 Market size and forecast, by Offering
8.4.6.3.2 Market size and forecast, by Deployment Model
8.4.6.3.3 Market size and forecast, by Application
8.4.6.3.4 Market size and forecast, by Enterprise Size
8.4.6.4 South Korea
8.4.6.4.1 Market size and forecast, by Offering
8.4.6.4.2 Market size and forecast, by Deployment Model
8.4.6.4.3 Market size and forecast, by Application
8.4.6.4.4 Market size and forecast, by Enterprise Size
8.4.6.5 Australia
8.4.6.5.1 Market size and forecast, by Offering
8.4.6.5.2 Market size and forecast, by Deployment Model
8.4.6.5.3 Market size and forecast, by Application
8.4.6.5.4 Market size and forecast, by Enterprise Size
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Market size and forecast, by Offering
8.4.6.6.2 Market size and forecast, by Deployment Model
8.4.6.6.3 Market size and forecast, by Application
8.4.6.6.4 Market size and forecast, by Enterprise Size
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Offering
8.5.3 LAMEA Market size and forecast, by Deployment Model
8.5.4 LAMEA Market size and forecast, by Application
8.5.5 LAMEA Market size and forecast, by Enterprise Size
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Market size and forecast, by Offering
8.5.6.1.2 Market size and forecast, by Deployment Model
8.5.6.1.3 Market size and forecast, by Application
8.5.6.1.4 Market size and forecast, by Enterprise Size
8.5.6.2 Middle East
8.5.6.2.1 Market size and forecast, by Offering
8.5.6.2.2 Market size and forecast, by Deployment Model
8.5.6.2.3 Market size and forecast, by Application
8.5.6.2.4 Market size and forecast, by Enterprise Size
8.5.6.3 Africa
8.5.6.3.1 Market size and forecast, by Offering
8.5.6.3.2 Market size and forecast, by Deployment Model
8.5.6.3.3 Market size and forecast, by Application
8.5.6.3.4 Market size and forecast, by Enterprise Size
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 IBM Corporation
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
List of Tables
Table 1. Global Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 2. Horse Insurance Market Size, for Mortality, by Region, 2021-2031 ($Million)
Table 3. Horse Insurance Market for Mortality, by Country, 2021-2031 ($Million)
Table 4. Horse Insurance Market Size, for Major Medical & Surgical, by Region, 2021-2031 ($Million)
Table 5. Horse Insurance Market for Major Medical & Surgical, by Country, 2021-2031 ($Million)
Table 6. Horse Insurance Market Size, for Loss of Use, by Region, 2021-2031 ($Million)
Table 7. Horse Insurance Market for Loss of Use, by Country, 2021-2031 ($Million)
Table 8. Horse Insurance Market Size, for Liability, by Region, 2021-2031 ($Million)
Table 9. Horse Insurance Market for Liability, by Country, 2021-2031 ($Million)
Table 10. Horse Insurance Market Size, for Others, by Region, 2021-2031 ($Million)
Table 11. Horse Insurance Market for Others, by Country, 2021-2031 ($Million)
Table 12. Global Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 13. Horse Insurance Market Size, for American Quarter Horse, by Region, 2021-2031 ($Million)
Table 14. Horse Insurance Market for American Quarter Horse, by Country, 2021-2031 ($Million)
Table 15. Horse Insurance Market Size, for Arabian, by Region, 2021-2031 ($Million)
Table 16. Horse Insurance Market for Arabian, by Country, 2021-2031 ($Million)
Table 17. Horse Insurance Market Size, for Thoroughbred, by Region, 2021-2031 ($Million)
Table 18. Horse Insurance Market for Thoroughbred, by Country, 2021-2031 ($Million)
Table 19. Horse Insurance Market Size, for Morgan, by Region, 2021-2031 ($Million)
Table 20. Horse Insurance Market for Morgan, by Country, 2021-2031 ($Million)
Table 21. Horse Insurance Market Size, for Appaloosa, by Region, 2021-2031 ($Million)
Table 22. Horse Insurance Market for Appaloosa, by Country, 2021-2031 ($Million)
Table 23. Horse Insurance Market Size, for Others, by Region, 2021-2031 ($Million)
Table 24. Horse Insurance Market for Others, by Country, 2021-2031 ($Million)
Table 25. Global Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 26. Horse Insurance Market Size, for Recreational, by Region, 2021-2031 ($Million)
Table 27. Horse Insurance Market for Recreational, by Country, 2021-2031 ($Million)
Table 28. Global Recreational Horse Insurance Market, by Recreational, 2021-2031 ($Million)
Table 29. Horse Insurance Market, for Riding, by Region, 2021-2031 ($Million)
Table 30. Horse Insurance Market, for Racing, by Region, 2021-2031 ($Million)
Table 31. Horse Insurance Market, for Grooming/Showing, by Region, 2021-2031 ($Million)
Table 32. Horse Insurance Market, for Others, by Region, 2021-2031 ($Million)
Table 33. Horse Insurance Market Size, for Commercial, by Region, 2021-2031 ($Million)
Table 34. Horse Insurance Market for Commercial, by Country, 2021-2031 ($Million)
Table 35. Global Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 36. Horse Insurance Market Size, for Broker, by Region, 2021-2031 ($Million)
Table 37. Horse Insurance Market for Broker, by Country, 2021-2031 ($Million)
Table 38. Horse Insurance Market Size, for Agency, by Region, 2021-2031 ($Million)
Table 39. Horse Insurance Market for Agency, by Country, 2021-2031 ($Million)
Table 40. Horse Insurance Market Size, for Direct Response, by Region, 2021-2031 ($Million)
Table 41. Horse Insurance Market for Direct Response, by Country, 2021-2031 ($Million)
Table 42. Horse Insurance Market Size, for Others, by Region, 2021-2031 ($Million)
Table 43. Horse Insurance Market for Others, by Country, 2021-2031 ($Million)
Table 44. Horse Insurance Market, by Region, 2021-2031 ($Million)
Table 45. North America Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 46. North America Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 47. North America Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 48. North America Recreational Horse Insurance Market, by Recreational, 2021-2031 ($Million)
Table 49. North America Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 50. North America Horse Insurance Market, by Country, 2021-2031 ($Million)
Table 51. U.S. Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 52. U.S. Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 53. U.S. Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 54. U.S. Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 55. Canada Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 56. Canada Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 57. Canada Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 58. Canada Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 59. Europe Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 60. Europe Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 61. Europe Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 62. Europe Recreational Horse Insurance Market, by Recreational, 2021-2031 ($Million)
Table 63. Europe Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 64. Europe Horse Insurance Market, by Country, 2021-2031 ($Million)
Table 65. UK Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 66. UK Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 67. UK Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 68. UK Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 69. Germany Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 70. Germany Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 71. Germany Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 72. Germany Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 73. France Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 74. France Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 75. France Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 76. France Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 77. Italy Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 78. Italy Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 79. Italy Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 80. Italy Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 81. Spain Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 82. Spain Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 83. Spain Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 84. Spain Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 85. Netherlands Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 86. Netherlands Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 87. Netherlands Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 88. Netherlands Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 89. Rest of Europe Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 90. Rest of Europe Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 91. Rest of Europe Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 92. Rest of Europe Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 93. Asia-Pacific Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 94. Asia-Pacific Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 95. Asia-Pacific Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 96. Asia-Pacific Recreational Horse Insurance Market, by Recreational, 2021-2031 ($Million)
Table 97. Asia-Pacific Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 98. Asia-Pacific Horse Insurance Market, by Country, 2021-2031 ($Million)
Table 99. China Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 100. China Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 101. China Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 102. China Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 103. Japan Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 104. Japan Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 105. Japan Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 106. Japan Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 107. India Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 108. India Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 109. India Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 110. India Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 111. Australia Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 112. Australia Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 113. Australia Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 114. Australia Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 115. South Korea Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 116. South Korea Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 117. South Korea Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 118. South Korea Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 119. Rest of Asia-Pacific Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 120. Rest of Asia-Pacific Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 121. Rest of Asia-Pacific Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 122. Rest of Asia-Pacific Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 123. LAMEA Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 124. LAMEA Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 125. LAMEA Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 126. LAMEA Recreational Horse Insurance Market, by Recreational, 2021-2031 ($Million)
Table 127. LAMEA Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 128. LAMEA Horse Insurance Market, by Country, 2021-2031 ($Million)
Table 129. Latin America Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 130. Latin America Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 131. Latin America Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 132. Latin America Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 133. Middle East Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 134. Middle East Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 135. Middle East Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 136. Middle East Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 137. Africa Horse Insurance Market, by Type, 2021-2031 ($Million)
Table 138. Africa Horse Insurance Market, by Horse Type, 2021-2031 ($Million)
Table 139. Africa Horse Insurance Market, by Application, 2021-2031 ($Million)
Table 140. Africa Horse Insurance Market, by Sales Channel, 2021-2031 ($Million)
Table 141. Markel Corporation: Company Snapshot
Table 142. Markel Corporation: Operating Segments
Table 143. Markel Corporation: Product Portfolio
Table 144. Markel Corporation: Net Sales
Table 145. Markel Corporation: Key Stratergies
Table 146. Axa: Company Snapshot
Table 147. Axa: Operating Segments
Table 148. Axa: Product Portfolio
Table 149. Axa: Net Sales
Table 150. Axa: Key Stratergies
Table 151. Harry Hall Horse Insurance: Company Snapshot
Table 152. Harry Hall Horse Insurance: Operating Segments
Table 153. Harry Hall Horse Insurance: Product Portfolio
Table 154. Harry Hall Horse Insurance: Net Sales
Table 155. Harry Hall Horse Insurance: Key Stratergies
Table 156. The Insurance Emporium Horse Insurance: Company Snapshot
Table 157. The Insurance Emporium Horse Insurance: Operating Segments
Table 158. The Insurance Emporium Horse Insurance: Product Portfolio
Table 159. The Insurance Emporium Horse Insurance: Net Sales
Table 160. The Insurance Emporium Horse Insurance: Key Stratergies
Table 161. Animal Friends Horse Insurance: Company Snapshot
Table 162. Animal Friends Horse Insurance: Operating Segments
Table 163. Animal Friends Horse Insurance: Product Portfolio
Table 164. Animal Friends Horse Insurance: Net Sales
Table 165. Animal Friends Horse Insurance: Key Stratergies
Table 166. Quotezone Horse Insurance: Company Snapshot
Table 167. Quotezone Horse Insurance: Operating Segments
Table 168. Quotezone Horse Insurance: Product Portfolio
Table 169. Quotezone Horse Insurance: Net Sales
Table 170. Quotezone Horse Insurance: Key Stratergies
Table 171. Pet Plan: Company Snapshot
Table 172. Pet Plan: Operating Segments
Table 173. Pet Plan: Product Portfolio
Table 174. Pet Plan: Net Sales
Table 175. Pet Plan: Key Stratergies
Table 176. Aspca: Company Snapshot
Table 177. Aspca: Operating Segments
Table 178. Aspca: Product Portfolio
Table 179. Aspca: Net Sales
Table 180. Aspca: Key Stratergies
Table 181. Nationwide: Company Snapshot
Table 182. Nationwide: Operating Segments
Table 183. Nationwide: Product Portfolio
Table 184. Nationwide: Net Sales
Table 185. Nationwide: Key Stratergies
Table 186. Pet Assure: Company Snapshot
Table 187. Pet Assure: Operating Segments
Table 188. Pet Assure: Product Portfolio
Table 189. Pet Assure: Net Sales
Table 190. Pet Assure: Key Stratergies
Table 191. Hollard: Company Snapshot
Table 192. Hollard: Operating Segments
Table 193. Hollard: Product Portfolio
Table 194. Hollard: Net Sales
Table 195. Hollard: Key Stratergies
Table 196. One Insurance: Company Snapshot
Table 197. One Insurance: Operating Segments
Table 198. One Insurance: Product Portfolio
Table 199. One Insurance: Net Sales
Table 200. One Insurance: Key Stratergies
Table 201. De Wet De Villiers Brokers: Company Snapshot
Table 202. De Wet De Villiers Brokers: Operating Segments
Table 203. De Wet De Villiers Brokers: Product Portfolio
Table 204. De Wet De Villiers Brokers: Net Sales
Table 205. De Wet De Villiers Brokers: Key Stratergies
Table 206. Trusted Choice: Company Snapshot
Table 207. Trusted Choice: Operating Segments
Table 208. Trusted Choice: Product Portfolio
Table 209. Trusted Choice: Net Sales
Table 210. Trusted Choice: Key Stratergies
Table 211. Broadstone Equine Insurance Agency: Company Snapshot
Table 212. Broadstone Equine Insurance Agency: Operating Segments
Table 213. Broadstone Equine Insurance Agency: Product Portfolio
Table 214. Broadstone Equine Insurance Agency: Net Sales
Table 215. Broadstone Equine Insurance Agency: Key Stratergies
Table 216. Great American Insurance Group: Company Snapshot
Table 217. Great American Insurance Group: Operating Segments
Table 218. Great American Insurance Group: Product Portfolio
Table 219. Great American Insurance Group: Net Sales
Table 220. Great American Insurance Group: Key Stratergies
Table 221. Epic Insurance Brokers & Consultants: Company Snapshot
Table 222. Epic Insurance Brokers & Consultants: Operating Segments
Table 223. Epic Insurance Brokers & Consultants: Product Portfolio
Table 224. Epic Insurance Brokers & Consultants: Net Sales
Table 225. Epic Insurance Brokers & Consultants: Key Stratergies
List of Figures
Figure 1. Internet of Things (IoT) in Banking Market Segmentation
Figure 2. Internet of Things (IoT) in Banking Market,2021-2031
Figure 3. Internet of Things (IoT) in Banking Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Internet of Things (IoT) in Banking Market:Drivers, Restraints and Opportunities
Figure 12. Internet of Things (IoT) in Banking Market,By Offering,2021(%)
Figure 13. Comparative Share Analysis of Solution Internet of Things (IoT) in Banking Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Services Internet of Things (IoT) in Banking Market,2021-2031(%)
Figure 15. Internet of Things (IoT) in Banking Market,By Deployment Model,2021(%)
Figure 16. Comparative Share Analysis of On-Premise Internet of Things (IoT) in Banking Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Cloud Internet of Things (IoT) in Banking Market,2021-2031(%)
Figure 18. Internet of Things (IoT) in Banking Market,By Application,2021(%)
Figure 19. Comparative Share Analysis of Smart Atms Internet of Things (IoT) in Banking Market,2021-2031(%)
Figure 20. Comparative Share Analysis of Customer Management and Support Internet of Things (IoT) in Banking Market,2021-2031(%)
Figure 21. Comparative Share Analysis of Security and Authentication Internet of Things (IoT) in Banking Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Others Internet of Things (IoT) in Banking Market,2021-2031(%)
Figure 23. Internet of Things (IoT) in Banking Market,By Enterprise Size,2021(%)
Figure 24. Comparative Share Analysis of Large Enterprises Internet of Things (IoT) in Banking Market,2021-2031(%)
Figure 25. Comparative Share Analysis of SMEs Internet of Things (IoT) in Banking Market,2021-2031(%)
Figure 26. Internet of Things (IoT) in Banking Market by Region,2021
Figure 27. U.S. Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 28. Canada Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 29. United Kingdom Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 30. Germany Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 31. France Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 32. Italy Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 33. Spain Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 34. Netherlands Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 35. Rest of Europe Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 36. China Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 37. India Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 38. Japan Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 39. South Korea Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 40. Australia Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 41. Rest of Asia-Pacific Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 42. Latin America Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 43. Middle East Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 44. Africa Internet of Things (IoT) in Banking Market,2021-2031($Million)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap of Top 10 Key Players
Figure 51. IBM Corporation.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Internet of Things (IoT) in Banking Market," the internet of things (iot) in banking market size was valued at $12.7 billion in 2021, and is estimated to reach $237.4 billion by 2031, growing at a CAGR of 33.9% from 2022 to 2031.

The Internet and associated IoT devices are making the average banking experience more convenient, driving the banking industry's future to become increasingly digital. The Internet of Things (IoT) is a key component of rapid digital transition modern banks. Banks are implementing IoT technologies to deliver seamless customer experiences and convenience for their clients.

Furthermore, key factors that drive the Internet of Things (IoT) in Banking market trends include, rise in demand for IoT applications. Furthermore, increasing penetration of IoT-powered smartphones and smart wearables are also expected to aid the Internet of Things (IoT) in Banking market growth. However, higher installation costs and complex infrastructural requirements can hamper the market growth. Conversely, advancements in the field of IoT and cloud technology are expected to offer remunerative opportunities for the expansion of the IoT in Retail Banking during the forecast period.

On the basis of deployment model, the on-premise segment dominated the overall Internet of Things (IoT) in Banking market share in 2021, and is expected to continue this trend during the forecast period. This is attributed to more secure and custom applications of on-premise solutions. However, the cloud segment is expected to witness the highest growth, owing to the easier deployment and maintenance of cloud IoT solutions, which is expected to fuel the growth of the global IoT in banking market.

Region-wise, the IoT in banking market was dominated by North America in 2021, and is expected to retain its position during the forecast period, owing to their high expenditure on technological solutions, which is expected to drive the market for IoT in banking during the forecast period. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to its growing banking and financial sector, which is expected to fuel the growth of IoT in banking solutions in the region in the coming few years.

The COVID-19 pandemic has impacted not only individual behaviors but also forced governments and business organizations to change their policies and priorities. This is fueling the adoption of IoT and other technologies in many business sectors, especially in the banking and financial sectors. Banks had to remain operational even during the period of strict lockdowns, this made banks to invest in IoT technologies that can help facilitate their regular banking operations during the pandemic. For instance, in December 2020, a major retail and commercial bank in the UK, partnered with IBM corporation to deploy their IoT-enabled and AI-powered voice banking systems at NatWest branches. This voice banking system enabled NatWest customers to avail of contactless banking services during the period of the pandemic. Such trends aided in the growth of IoT solutions in the banking and finance sectors during the period, promising great opportunities for the Internet of Things (IoT) in banking market forecast.

Key Findings of the Study

  • By enterprise size, the large enterprise segment accounted for the largest Internet of Things (IoT) in banking market share in 2021.
  • By region, North America generated highest revenue in 2021.
  • By offering, the solution segment generated the highest revenue in 2021.
  • The key players profiled in the Internet of Things (IoT) in Banking Market Analysis are Accenture, Capgemini, Cisco Systems, Inc, Dynamics, Inc, GE Digital, IBM, Infosys Limited, Mastercard, Microsoft Corporation, Oracle Corporation, PTC, SAP SE, Software AG, Stripe, Temenos, Tibbo Systems, and Vodafone Group Plc. These players have adopted various strategies to increase their market penetration and strengthen their position in the Internet of Things (IoT) in Banking Industry.

Companies Mentioned

  • Ibm Corporation

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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