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.

Free Valuable Insights: The Global Internet of Things (IoT) in Banking Market is Predict to reach $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

• 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

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

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

TABLE 1 Europe Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 2 Europe Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 3 Europe Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 4 Europe Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 5 Europe Solution Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Solution Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 10 Europe Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 11 Europe On-premise Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe On-premise Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 16 Europe Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 17 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe SMEs Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe SMEs Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 22 Europe Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 23 Europe Smart ATMs Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Smart ATMs Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Customer Management & Support Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Customer Management & Support Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Security & Authentication Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Security & Authentication Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Internet of Things (IoT) in Banking Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Internet of Things (IoT) in Banking Market by Country, 2022 - 2028, USD Million
TABLE 33 Germany Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 34 Germany Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 35 Germany Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 36 Germany Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 37 Germany Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 38 Germany Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 39 Germany Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 40 Germany Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 41 Germany Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 42 Germany Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 43 UK Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 44 UK Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 45 UK Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 46 UK Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 47 UK Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 48 UK Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 49 UK Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 50 UK Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 51 UK Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 52 UK Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 53 France Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 54 France Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 55 France Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 56 France Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 57 France Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 58 France Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 59 France Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 60 France Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 61 France Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 62 France Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 63 Russia Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 64 Russia Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 65 Russia Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 66 Russia Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 67 Russia Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 68 Russia Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 69 Russia Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 70 Russia Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 71 Russia Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 72 Russia Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 73 Spain Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 74 Spain Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 75 Spain Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 76 Spain Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 77 Spain Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 78 Spain Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 79 Spain Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 80 Spain Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 81 Spain Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 82 Spain Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 83 Italy Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 84 Italy Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 85 Italy Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 86 Italy Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 87 Italy Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 88 Italy Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 89 Italy Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 90 Italy Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 91 Italy Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 92 Italy Internet of Things (IoT) in Banking Market by Application, 2022 - 2028, USD Million
TABLE 93 Rest of Europe Internet of Things (IoT) in Banking Market, 2018 - 2021, USD Million
TABLE 94 Rest of Europe Internet of Things (IoT) in Banking Market, 2022 - 2028, USD Million
TABLE 95 Rest of Europe Internet of Things (IoT) in Banking Market by Offering, 2018 - 2021, USD Million
TABLE 96 Rest of Europe Internet of Things (IoT) in Banking Market by Offering, 2022 - 2028, USD Million
TABLE 97 Rest of Europe Internet of Things (IoT) in Banking Market by Deployment Model, 2018 - 2021, USD Million
TABLE 98 Rest of Europe Internet of Things (IoT) in Banking Market by Deployment Model, 2022 - 2028, USD Million
TABLE 99 Rest of Europe Internet of Things (IoT) in Banking Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 100 Rest of Europe Internet of Things (IoT) in Banking Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 101 Rest of Europe Internet of Things (IoT) in Banking Market by Application, 2018 - 2021, USD Million
TABLE 102 Rest of Europe 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