{"product_id":"internet-of-things-iot-in-financial-services-thematic-intelligence","title":"Internet of Things (IoT) in Financial Services - Thematic Intelligence","description":"\u003cp\u003eInternet of Things (IoT) in Financial Services - Thematic Intelligence\u003cbr\u003e\nSummary\u003c\/p\u003e\n\n\u003cp\u003eThis report takes an in-depth look at look at the impact of the Internet of Things (IoT) across the financial services sector. It examines the value chain across the IoT technology stack and provides market size and growth forecasts. It explores the challenges faced by the financial services industry and how IoT can be deployed to solve them. The report also examines the key companies within this theme, including relevant case study examples of IoT implementations.\u003c\/p\u003e\n\n\u003cp\u003eThe Internet of Things (IoT) describes the use of connected sensors and actuators to control and monitor the environment, the things that move within it, and the people that act within it. The primary driving force behind the adoption of IoT in financial services has been the development of consumer electronics devices by Big Tech companies like Apple, Google, and Samsung. Financial services companies can embed applications such as payment gateways and health-tracking apps into the interfaces of these devices and gain valuable insights from the data they collect. GlobalData estimates that the total IoT market across the financial services sector will be worth $65.4 billion in 2027 - up from $23.6 billion in 2019.\u003c\/p\u003e\n\n\u003cp\u003eScopeInteractions between customers and connected devices yield two primary business avenues for financial services companies. The first is the ability to embed products and services into user interfaces and applications, ultimately boosting revenue. The second is the treasure trove of customer insights that can be extracted from user-generated data and the subsequent opportunities for more nuanced personalization.Software will be the largest IoT revenue segment in the financial services sector, accounting for 34.9% of revenue in 2027.US companies dominate IoT-related patent publications in the financial services sector, filing over twice as many patents as China from January 2003 to September 2023.Reasons to BuyAccess market size and growth forecasts for IoT in financial services.Identify IoT leaders and laggards across payments, retail banking, life insurance, and non-life insurance.Understand the key challenges facing the financial services sector, and how IoT addresses these challenges.Access primary research case study examples of IoT vendors and investment in the financial services sector.Understand IoT adoption using alternative datasets and analysis showing M\u0026amp;A activity, mentions of IoT technologies in company filings, and IoT hiring trends in the financial services sector.\u003c\/p\u003e","brand":"Service Industries","offers":[{"title":"October, 2023 \/ 82 Pages \/ MCW16278704","offer_id":47710755782962,"sku":null,"price":1194.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/internet-of-things-iot-in-financial-services-thematic-intelligence","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}