Europe Internet of Things (IoT) in Banking Market Size, Share & Industry Trends Analysis Report By Offering (Solution and Services), By Deployment Model, By Enterprise Size (Large Enterprises and SMEs), By Application, By Country and Growth Forecast, 2022

Europe Internet of Things (IoT) in Banking Market Size, Share & Industry Trends Analysis Report By Offering (Solution and Services), By Deployment Model, By Enterprise Size (Large Enterprises and SMEs), By Application, By Country and Growth Forecast, 2022 - 2028

The Europe Internet of Things (IoT) in Banking Market would witness market growth of 34.0% CAGR during the forecast period (2022-2028).

Banks could also anticipate debit transitions or credit card fraud, which enables them to take the necessary precautions to avoid issues. When a customer swipes their card, they confirm that they are the account holder via the system, and the bank can quickly accept or decline the transaction depending on the data acquired. Additionally, sensors can be installed within the warehouses of borrowers to keep an eye on inventory and raw supplies. The bank would use the monitored data to reduce the account balance or ensure that any loans are returned when inventory sales take place.

Mobile banking poses a threat to the modern branch network in banks. Financial institutions must employ technology to satisfy demand, even while banks are determined to protect the existing financial strategy and make sure it delivers value. In order to reconcile the conflict between mobile banking and traditional branch banking that is present, banks use the Internet of Things and other financial apps. For instance, biometric sensors can be used to collect user data as they enter the bank and transmit it to the main system. Bank executives may save back on labour and maintenance expenses while also cutting down on client wait times by using smart branches. The managers establish a networked method of communication among several branches in various locations.

Technology has the ability to reduce costs, increase efficiency, and reach the most vulnerable populations with financial services. Institutions are being touched by the present wave of digital innovation, which will be advantageous for both society and enterprises. In the field of banking services, the United Kingdom have long been a pioneer. A perfect fusion of rising technological demand, sensible regulation, user involvement in financial services, and the industry's approach to the financial crisis have all contributed to the banking sector's rapid rise in the UK and expansion of its geographic reach.

The Germany market dominated the Europe Internet of Things (IoT) in Banking Market by Country in 2021, thereby, achieving a market value of $6,340.4 million by 2028. The UK market would witness a CAGR of 32.9% during (2022 - 2028). Additionally, The France market is exhibiting a CAGR of 35% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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

  • Solution
  • Services
By Deployment Model
  • On-premise
  • Cloud
By Enterprise Size
  • Large Enterprises
  • SMEs
By Application
  • Smart ATMs
  • Customer Management & Support
  • Security & Authentication
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • Microsoft Corporation
  • IBM Corporation
  • SAP SE
  • Oracle Corporation
  • Cisco Systems, Inc.
  • Accenture PLC
  • Infosys Limited
  • Capgemini SE
  • Software AG
  • Vodafone Group Plc
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Internet of Things (IoT) in Banking Market, by Offering
1.4.2 Europe Internet of Things (IoT) in Banking Market, by Deployment Model
1.4.3 Europe Internet of Things (IoT) in Banking Market, by Enterprise Size
1.4.4 Europe Internet of Things (IoT) in Banking Market, by Application
1.4.5 Europe Internet of Things (IoT) in Banking Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis – Global
3.1 Market Share Analysis, 2021
3.2 Strategies deployed in Internet of Things (IoT) in Banking Market
Chapter 4. Europe Internet of Things (IoT) in Banking Market by Offering
4.1 Europe Solution Market by Country
4.2 Europe Services Market by Country
Chapter 5. Europe Internet of Things (IoT) in Banking Market by Deployment Model
5.1 Europe On-premise Market by Country
5.2 Europe Cloud Market by Country
Chapter 6. Europe Internet of Things (IoT) in Banking Market by Enterprise Size
6.1 Europe Large Enterprises Market by Country
6.2 Europe SMEs Market by Country
Chapter 7. Europe Internet of Things (IoT) in Banking Market by Application
7.1 Europe Smart ATMs Market by Country
7.2 Europe Customer Management & Support Market by Country
7.3 Europe Security & Authentication Market by Country
7.4 Europe Others Market by Country
Chapter 8. Europe Internet of Things (IoT) in Banking Market by Country
8.1 Germany Internet of Things (IoT) in Banking Market
8.1.1 Germany Internet of Things (IoT) in Banking Market by Offering
8.1.2 Germany Internet of Things (IoT) in Banking Market by Deployment Model
8.1.3 Germany Internet of Things (IoT) in Banking Market by Enterprise Size
8.1.4 Germany Internet of Things (IoT) in Banking Market by Application
8.2 UK Internet of Things (IoT) in Banking Market
8.2.1 UK Internet of Things (IoT) in Banking Market by Offering
8.2.2 UK Internet of Things (IoT) in Banking Market by Deployment Model
8.2.3 UK Internet of Things (IoT) in Banking Market by Enterprise Size
8.2.4 UK Internet of Things (IoT) in Banking Market by Application
8.3 France Internet of Things (IoT) in Banking Market
8.3.1 France Internet of Things (IoT) in Banking Market by Offering
8.3.2 France Internet of Things (IoT) in Banking Market by Deployment Model
8.3.3 France Internet of Things (IoT) in Banking Market by Enterprise Size
8.3.4 France Internet of Things (IoT) in Banking Market by Application
8.4 Russia Internet of Things (IoT) in Banking Market
8.4.1 Russia Internet of Things (IoT) in Banking Market by Offering
8.4.2 Russia Internet of Things (IoT) in Banking Market by Deployment Model
8.4.3 Russia Internet of Things (IoT) in Banking Market by Enterprise Size
8.4.4 Russia Internet of Things (IoT) in Banking Market by Application
8.5 Spain Internet of Things (IoT) in Banking Market
8.5.1 Spain Internet of Things (IoT) in Banking Market by Offering
8.5.2 Spain Internet of Things (IoT) in Banking Market by Deployment Model
8.5.3 Spain Internet of Things (IoT) in Banking Market by Enterprise Size
8.5.4 Spain Internet of Things (IoT) in Banking Market by Application
8.6 Italy Internet of Things (IoT) in Banking Market
8.6.1 Italy Internet of Things (IoT) in Banking Market by Offering
8.6.2 Italy Internet of Things (IoT) in Banking Market by Deployment Model
8.6.3 Italy Internet of Things (IoT) in Banking Market by Enterprise Size
8.6.4 Italy Internet of Things (IoT) in Banking Market by Application
8.7 Rest of Europe Internet of Things (IoT) in Banking Market
8.7.1 Rest of Europe Internet of Things (IoT) in Banking Market by Offering
8.7.2 Rest of Europe Internet of Things (IoT) in Banking Market by Deployment Model
8.7.3 Rest of Europe Internet of Things (IoT) in Banking Market by Enterprise Size
8.7.4 Rest of Europe Internet of Things (IoT) in Banking Market by Application
Chapter 9. Company Profiles
9.1 Microsoft Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 IBM Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 SWOT Analysis
9.3 SAP SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Oracle Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Cisco Systems, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Accenture PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Infosys Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Capgemini SE
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Recent strategies and developments:
9.8.4.1 Acquisition and Mergers:
9.9 Software AG
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Acquisition and Mergers:
9.10. Vodafone Group Plc
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional & Segmental Analysis

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