Global Iot In Banking And Financial Services Market Size & Outlook
The iot in banking and financial services industry worldwide is expected to reach a projected revenue of US$ 134,014.3 million by 2030. A compound annual growth rate of 12.8% is expected of the worldwide iot in banking and financial services industry from 2024 to 2030.
Revenue, 2023 (US$M)
$57,554.9
Forecast, 2030 (US$M)
$134,014.3
CAGR, 2024 - 2030
12.8%
Report Coverage
Worldwide
Global iot in banking and financial services market, 2018-2030 (US$M)
Related Markets
Global iot in banking and financial services market highlights
- The global iot in banking and financial services market generated a revenue of USD 57,554.9 million in 2023 and is expected to reach USD 134,014.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 12.8% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 57,554.9 million in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 57,554.9 million |
| Market revenue in 2030 | USD 134,014.3 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, the North America accounted for 36.5% of the global iot in banking and financial services market in 2023.
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IoT in Banking and Financial Services Market Scope
Iot in banking and financial services market segmentation & scope
Deployment
On-premise
Cloud
Solution
Security
Customer Experience Management
Monitoring
Data Management
Others
End Use
Banking
Insurance
Others
IoT in Banking and Financial Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global iot in banking and financial services market size, by regions, 2018-2030 (US$M)
Related regional statistics
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