SAN FRANCISCO, Aug. 31, 2021 /PRNewswire/ -- A new market study
published by Global Industry Analysts Inc., (GIA) the premier
market research company, today released its report
titled "Internet of Things (IoT) in Banking and Financial
Services - Global Market Trajectory & Analytics". The report
presents fresh perspectives on opportunities and challenges in a
significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 5; Released: April 2021
Executive Pool: 739
Companies: 37 - Players covered include 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 and Others.
Coverage: All major geographies and key segments
Segments: Component (Solutions, Services); End-Use
(Banking, Insurance, Other End-Uses)
Geographies: World; United
States; Canada;
Japan; China; Europe
(France; Germany; Italy; United
Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Complimentary Project Preview - This is an ongoing
global program. Preview our research program before you make a
purchase decision. We are offering a complimentary access to
qualified executives driving strategy, business development, sales
& marketing, and product management roles at featured
companies. Previews provide deep insider access to business trends;
competitive brands; domain expert profiles; and market data
templates and much more. You may also build your own bespoke report
using our MarketGlass™ Platform which offers thousands
of data bytes without an obligation to purchase our
report. Preview Registry
ABSTRACT-
Global Internet of Things (IoT) in Banking and Financial
Services Market to Reach $6.3 Billion
by 2026
Amid the COVID-19 crisis, the global market for Internet of Things
(IoT) in Banking and Financial Services estimated at US$622.3 Million in the year 2020, is projected
to reach a revised size of US$6.3
Billion by 2026, growing at a CAGR of 46.2% over the
analysis period. Solutions, one of the segments analyzed in the
report, is projected to record a 47.2% CAGR and reach US$6.2 Billion by the end of the analysis period.
After a thorough analysis of the business implications of the
pandemic and its induced economic crisis, growth in the Services
segment is readjusted to a revised 43.9% CAGR for the next 7-year
period.
The U.S. Market is Estimated at $265.1
Million in 2021, While China is Forecast to Reach
$916.2 Million by 2026
The Internet of Things (IoT) in Banking and Financial Services
market in the U.S. is estimated at US$265.1
Million in the year 2021. China, the world`s second largest economy, is
forecast to reach a projected market size of US$916.2 Million by the year 2026 trailing a CAGR
of 43.8% over the analysis period. Among the other noteworthy
geographic markets are Japan and
Canada, each forecast to grow at
41.2% and 38.7% respectively over the analysis period. Within
Europe, Germany is forecast to grow at approximately
30.3% CAGR. More
MarketGlass™ Platform
Our MarketGlass™ Platform is a free full-stack
knowledge center that is custom configurable to today`s busy
business executive`s intelligence needs! This influencer driven
interactive research platform is at the core of our primary
research engagements and draws from unique perspectives of
participating executives worldwide. Features include -
enterprise-wide peer-to-peer collaborations; research program
previews relevant to your company; 3.4 million domain expert
profiles; competitive company profiles; interactive research
modules; bespoke report generation; monitor market trends;
competitive brands; create & publish blogs & podcasts using
our primary and secondary content; track domain events worldwide;
and much more. Client companies will have complete insider access
to the project data stacks. Currently in use by 67,000+ domain
experts worldwide.
Our platform is free for qualified executives and is accessible
from our website www.StrategyR.com or via our just released mobile
application on iOS or Android
About Global Industry Analysts, Inc. &
StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned
market research publisher the world`s only influencer driven market
research company. Proudly serving more than 42,000 clients from 36
countries, GIA is recognized for accurate forecasting of markets
and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com
LINKS
Join Our Expert Panel
https://www.strategyr.com/Panelist.asp
Connect With Us on LinkedIn
https://www.linkedin.com/company/global-industry-analysts-inc./
Follow Us on Twitter
https://twitter.com/marketbytes
Journalists & Media
Info411@strategyr.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/with-market-size-valued-at-6-3-billion-by-2026--its-a-healthy-outlook-for-the-global-internet-of-things-iot-in-banking-and-financial-services-market-301364973.html
SOURCE Global Industry Analysts, Inc.