The Asia Pacific Internet of Things (IoT) in Banking Market would witness market growth of 17.4% CAGR during the forecast period (2022-2028).
This service, which functions like a social networking platform but is geared toward exercise, allows athletes, coaches, and trainers to communicate with each other using the patient data they submit. Sports are increasingly utilizing technology. Modern technologies, for instance, are used in football for a variety of objectives, such as assisting referees in making decisions and monitoring athletes' performance throughout a game to help the coach develop the practice schedule and game strategy.
"Goal-line technology" is one of the most well-known and current football technologies. To assist the referee, it is used to evaluate if a ball has passed the goal line. Instead, many types of equipment have been developed in recent years for measuring athletes' performance throughout a football game. The global positioning system (GPS), accelerometer, and gyroscope sensors, which are used to describe the athletes' movement and physical demands, were connected with wearable devices that can measure heart rate.
These new technologies can therefore estimate the number of collisions and hops that take place during a game. Athletic trainers use these data to create training plans that are specific to each athlete's needs during the preseason and the regular season. For instance, several technologies have been developed to improve the game's physiological and psychological components.
The Asia Pacific Internet of Things (IoT) in Banking Market would witness market growth of 35.0% CAGR during the forecast period (2022-2028).
When it comes to banking, IoT offers a number of benefits. This provides debtors with services that are dependable and simple to acquire, as well as credit cardholders. Banks can monitor how consumers utilize ATM kiosks in different locations and adjust the number of ATMs installed there based on usage patterns. By putting in kiosks and improving consumers' access to financial services, banks can also leverage IoT to deliver on-demand services closer to their clients. IoT offers consumer data that enables banks to identify the business requirements and value chain of their clients, including suppliers, retailers, and distributors.
Farmers who use banks as customers can benefit from the IoT in the agriculture sector. For example, banks can determine the worth of crop yield by analyzing agricultural output along with other crop farming variables. The banks can offer flexibility based on predicted frequency, yield, and crop performance whenever it pertains to financial terms based on the crop yield estimated by IoT. This information would enhance the relation between farmers and bankers.
Despite major upheavals, India's banking system has traditionally been one of the most stable in the world. Through a number of measures designed to expand access to banking for the nation's unbanked citizens, the government has continually worked to promote financial inclusion. This is contributing to the rapid pace of technological advancements in regional banking sector.
The China market dominated the Asia Pacific Internet of Things (IoT) in Banking Market by Country in 2021, thereby, achieving a market value of $7,799.5 million by 2028. The Japan market is experiencing a CAGR of 34.2% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 35.8% during (2022 - 2028).
Based on Offering, the market is segmented into Solution and Services. Based on Deployment Model, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Application, the market is segmented into Smart ATMs, Customer Management & Support, Security & Authentication, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Internet of Things (IoT) in Banking Market is Projected to reach USD 91.8 Billion by 2028, at a CAGR of 34.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, SAP SE, Oracle Corporation, Cisco Systems, Inc., Accenture PLC, Infosys Limited, Capgemini SE, Software AG and Vodafone Group Plc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
By Deployment Model
By Enterprise Size
By Application
- Smart ATMs
- Customer Management & Support
- Security & Authentication
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- IBM Corporation
- SAP SE
- Oracle Corporation
- Cisco Systems, Inc.
- Accenture PLC
- Infosys Limited
- Capgemini SE
- Software AG
- Vodafone Group Plc
TABLE 1 Asia Pacific Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Solution Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Solution Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 11 Asia Pacific On-premise Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific On-premise Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Cloud Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Cloud Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific SMEs Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific SMEs Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Smart ATMs Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Smart ATMs Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Customer Management & Support Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Customer Management & Support Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Security & Authentication Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Security & Authentication Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Internet of Things (IoT) in Banking Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Internet of Things (IoT) in Banking Market by Country, 2022 - 2028, USD Million
TABLE 33 China Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 34 China Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 35 China Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 36 China Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 37 China Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 38 China Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 39 China Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 40 China Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 41 China Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 42 China Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 43 Japan Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 44 Japan Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 45 Japan Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 46 Japan Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 47 Japan Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 48 Japan Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 49 Japan Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 50 Japan Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 51 Japan Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 52 Japan Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 53 India Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 54 India Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 55 India Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 56 India Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 57 India Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 58 India Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 59 India Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 60 India Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 61 India Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 62 India Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 63 South Korea Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 64 South Korea Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 65 South Korea Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 66 South Korea Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 67 South Korea Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 68 South Korea Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 69 South Korea Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 70 South Korea Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 71 South Korea Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 72 South Korea Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 73 Singapore Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 74 Singapore Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 75 Singapore Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 76 Singapore Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 77 Singapore Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 78 Singapore Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 79 Singapore Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 80 Singapore Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 81 Singapore Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 82 Singapore Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 83 Malaysia Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 84 Malaysia Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 85 Malaysia Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 86 Malaysia Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 87 Malaysia Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 88 Malaysia Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 89 Malaysia Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 90 Malaysia Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 91 Malaysia Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 92 Malaysia Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 93 Rest of Asia Pacific Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 94 Rest of Asia Pacific Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 95 Rest of Asia Pacific Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 96 Rest of Asia Pacific Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 97 Rest of Asia Pacific Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 98 Rest of Asia Pacific Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 99 Rest of Asia Pacific Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 100 Rest of Asia Pacific Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 101 Rest of Asia Pacific Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 102 Rest of Asia Pacific Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 103 key information – Microsoft Corporation
TABLE 104 Key information – IBM Corporation
TABLE 105 Key Information – SAP SE
TABLE 106 Key Information – Oracle Corporation
TABLE 107 Key Information – Cisco Systems, Inc.
TABLE 108 Key information – Accenture PLC
TABLE 109 Key Information – Infosys Limited
TABLE 110 Key Information – Capgemini SE
TABLE 111 key information – Software AG
TABLE 112 Key information – Vodafone Group Plc
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021
FIG 3 SWOT Analysis: Microsoft Corporation
FIG 4 Swot analysis: IBM Corporation
FIG 5 SWOT Analysis: SAP SE
FIG 6 SWOT analysis: Oracle Corporation
FIG 7 SWOT Analysis: Cisco Systems, Inc.
FIG 8 Swot analysis: Accenture plc
FIG 9 SWOT Analysis: Infosys Limited