The Europe Smart Finance Technologies Market would witness market growth of 4.2% CAGR during the forecast period (2022-2028).
Automatic factor discovery, or the machine-based identification of the elements that promote outperformance, will become increasingly common in financial services, assisting in the refinement of financial modeling across the industry. Knowledge graphs and graph computing will play a bigger role as a crucial application of AI semantic representation. Their ability to help form relationships and find patterns across complicated financial networks by combining data from a variety of frequently divergent sources will have far-reaching repercussions in the years ahead.
Finally, better privacy protections in analytics will encourage minimum data utilization, or the use of just relevant, essential, and suitably cleansed data in financial model training. These include federated learning, a type of decentralized machine learning that addresses the problem of data centralization by bringing computational capacity to the data rather than the other way around. A new frontier in consumer protection will be driven by advanced encryption, secure multi-party computing, zero-knowledge proofs, and other privacy-aware data analysis techniques.
Germany's universal banking system enables the country's more than 36,000 bank branches to accept deposits and loans from customers as well as deal in securities. In the German economy, there are no reports of a credit shortage. Both domestic and foreign investors can obtain credit at market-determined rates, and a variety of credit instruments are available. In the past, Germany's traditional system of cross-shareholding between banks and industry, as well as a high rate of bank borrowing relative to equity financing, allowed German banks to exert significant influence on the industry.
Germany's banking sector is sophisticated. Private commercial banks, cooperative banks, and public banks form the country's so-called "three-pillar" banking system. It is an organized and well-developed sector.
Private Banks account for around 30% of the market, while publicly owned savings banks with partial ties to state and local governments account for 50% of banking transactions, and cooperative banks account for the remaining 20%.
The Germany market dominated the Europe Smart Finance Technologies Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $41.8 Million by 2028. The UK market is anticipated to grow at CAGR of 3.4% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 5% during (2022 - 2028).
Based on Type, the market is segmented into Smart Finance Platforms, Smart Finance Connectivity, Smart Finance Hardware, and Smart Finance Services. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Smart Finance Technologies Market Size will Hit $622.6 Million by 2028, at a CAGR of 4.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Fujitsu Limited, Diebold Nixdorf, Inc., IMS Evolve, Miles Technologies, Inc., Zicom SaaS Pvt. Ltd., Zoho Corporation Pvt. ltd., GRGBanking Equipment Co., Ltd., Dialog Axiata PLC, and Virtusa Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Smart Finance Platforms
- Smart Finance Connectivity
- Smart Finance Hardware
- Smart Finance Services
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Intel Corporation
- Fujitsu Limited
- Diebold Nixdorf, Inc.
- IMS Evolve
- Miles Technologies, Inc.
- Zicom SaaS Pvt. Ltd.
- Zoho Corporation Pvt. ltd.
- GRGBanking Equipment Co., Ltd.
- Dialog Axiata PLC
- Virtusa Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Smart Finance Technologies Market, by Type
1.4.2 Europe Smart Finance Technologies 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. Europe Smart Finance Technologies Market by Type
3.1 Europe Smart Finance Platforms Market by Country
3.2 Europe Smart Finance Connectivity Market by Country
3.3 Europe Smart Finance Hardware Market by Country
3.4 Europe Smart Finance Services Market by Country
Chapter 4. Europe Smart Finance Technologies Market by Country
4.1 Germany Smart Finance Technologies Market
4.1.1 Germany Smart Finance Technologies Market by Type
4.2 UK Smart Finance Technologies Market
4.2.1 UK Smart Finance Technologies Market by Type
4.3 France Smart Finance Technologies Market
4.3.1 France Smart Finance Technologies Market by Type
4.4 Russia Smart Finance Technologies Market
4.4.1 Russia Smart Finance Technologies Market by Type
4.5 Spain Smart Finance Technologies Market
4.5.1 Spain Smart Finance Technologies Market by Type
4.6 Italy Smart Finance Technologies Market
4.6.1 Italy Smart Finance Technologies Market by Type
4.7 Rest of Europe Smart Finance Technologies Market
4.7.1 Rest of Europe Smart Finance Technologies Market by Type
Chapter 5. Company Profiles
5.1 Intel Corporation
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expenses
5.1.5 SWOT Analysis
5.2 Fujitsu Limited
5.2.1 Company Overview
5.2.2 Financial Analysis
5.2.3 SWOT Analysis
5.3 Diebold Nixdorf, Inc.
5.3.1 Company Overview
5.3.2 Financial Analysis
5.3.3 Segmental and Regional Analysis
5.3.4 Research & Development Expense
5.3.5 Recent strategies and developments:
5.3.5.1 Partnerships, Collaborations, and Agreements:
5.4 IMS Evolve
5.4.1 Company Overview
5.5 Miles Technologies, Inc.
5.5.1 Company Overview
5.6 Zicom SaaS Pvt. Ltd.
5.6.1 Company Overview
5.7 Zoho Corporation Pvt. Ltd. (WebNMS)
5.7.1 Company Overview
5.8 GRGBanking Equipment Co., Ltd.
5.8.1 Company Overview
5.9 Dialog Axiata PLC
5.9.1 Company Overview
5.9.2 Financial Analysis
5.9.3 Segmental Analysis
5.10. Virtusa Corporation
5.10.1 Company Overview
5.10.2 Recent strategies and developments:
5.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Europe Smart Finance Technologies Market, 2018 - 2021, USD Million
TABLE 2 Europe Smart Finance Technologies Market, 2022 - 2028, USD Million
TABLE 3 Europe Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
TABLE 4 Europe Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
TABLE 5 Europe Smart Finance Platforms Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Smart Finance Platforms Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Smart Finance Connectivity Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Smart Finance Connectivity Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Smart Finance Hardware Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Smart Finance Hardware Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Smart Finance Services Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Smart Finance Services Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Smart Finance Technologies Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Smart Finance Technologies Market by Country, 2022 - 2028, USD Million
TABLE 15 Germany Smart Finance Technologies Market, 2018 - 2021, USD Million
TABLE 16 Germany Smart Finance Technologies Market, 2022 - 2028, USD Million
TABLE 17 Germany Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
TABLE 18 Germany Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
TABLE 19 UK Smart Finance Technologies Market, 2018 - 2021, USD Million
TABLE 20 UK Smart Finance Technologies Market, 2022 - 2028, USD Million
TABLE 21 UK Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
TABLE 22 UK Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
TABLE 23 France Smart Finance Technologies Market, 2018 - 2021, USD Million
TABLE 24 France Smart Finance Technologies Market, 2022 - 2028, USD Million
TABLE 25 France Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
TABLE 26 France Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
TABLE 27 Russia Smart Finance Technologies Market, 2018 - 2021, USD Million
TABLE 28 Russia Smart Finance Technologies Market, 2022 - 2028, USD Million
TABLE 29 Russia Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
TABLE 30 Russia Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
TABLE 31 Spain Smart Finance Technologies Market, 2018 - 2021, USD Million
TABLE 32 Spain Smart Finance Technologies Market, 2022 - 2028, USD Million
TABLE 33 Spain Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
TABLE 34 Spain Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
TABLE 35 Italy Smart Finance Technologies Market, 2018 - 2021, USD Million
TABLE 36 Italy Smart Finance Technologies Market, 2022 - 2028, USD Million
TABLE 37 Italy Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
TABLE 38 Italy Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
TABLE 39 Rest of Europe Smart Finance Technologies Market, 2018 - 2021, USD Million
TABLE 40 Rest of Europe Smart Finance Technologies Market, 2022 - 2028, USD Million
TABLE 41 Rest of Europe Smart Finance Technologies Market by Type, 2018 - 2021, USD Million
TABLE 42 Rest of Europe Smart Finance Technologies Market by Type, 2022 - 2028, USD Million
TABLE 43 Key Information – Intel Corporation
TABLE 44 Key Information – Fujitsu Limited
TABLE 45 Key Information – Diebold Nixdorf, Inc.
TABLE 46 Key Information – IMS Evolve
TABLE 47 Key Information – Miles Technologies, Inc.
TABLE 48 Key Information – Zicom SaaS Pvt. Ltd.
TABLE 49 Key Information – Zoho Corporation Pvt. Ltd.
TABLE 50 Key Information – GRGBanking Equipment Co., Ltd.
TABLE 51 Key Information – Dialog Axiata PLC
TABLE 52 Key Information – Virtusa Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT analysis: Intel corporation
FIG 3 SWOT Analysis: Fujitsu Limited