The latest information revolution known as the Internet of Things (IoT) provides an unprecedented level of data-driven customer service for the banks. This revolution can bring various opportunities to the financial services industry. Banks and financial institutions can provide clients with advice and services that are closely related to their daily lives. IoT’s potential for banking and financial services is expected to evolve into a new concept called the Bank of Things (BoT), which is completely collapsed. BoT is expected to be a value integrator, facilitator and trusted advisor for our customers.
Absolute Markets Insights provides up-to-date publishing reports that publish IoT in Banking and Financial Services Market to the store. It provides a qualitative and quantitative analysis of the IoT in the Banking and Financial Services Market. Market segments and sub-types of business. Some of the major players have created profiles to gain insight into their business. The worldwide IoT in Banking and Financial Services Market is expected to grow over CAGR of 55.3% over the forecasted years.
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Profiling Global key Players– Hewlett Packard Enterprise Development LP, IBM, Infosys Limited, Microsoft, Oracle, SAP SE, Software AG, Tata Consultancy Services Limited, Vodafone Group Services Limited and EdgeVerve Limited amongst others.
IoT in Banking and Financial Services Market:
- Customer Management
- Payment Management
- Security & Monitoring
- Professional Services
- Business Consulting Services
- Integrated Services
- Deployment Services
- Managed Services
By Organization Size
- Small and Medium Enterprise
- Large Enterprise
By End User
- Non-banking Financial Companies
- North America
- Asia Pacific
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This research study aims at providing the reader with quantitative and qualitative analysis of the global IoT in banking and financial services market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further, across all the major countries. The supply-side analysis covers the prominent players and their regional and global presence and key business strategies. The geographical analysis done emphasizes each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa, and Latin America.
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