Category: Banking, Finance, Insurance
Increase in mobile internet subscriber base, surge in digital advertising, demand for advanced products, emerging IoT technologies, increased ICT spending and increased adoption of mobile technologies across various verticals will continue to drive the A2P SMS Market in the Americas
Rapid expansion of digital technologies, competitive advantage, changing customer behavior, reduced transaction charges, and government initiatives are expected to drive the market growth. The digital payment types such as mobile banking, internet banking, point of sale terminals, mobile wallets, and electronic clearing services are expected to boost its implementation in the industry.
The increasing shift to digitization, technological advancement, and cyber attacks are driving the growth of BFSI security market. The information security segment is expected to produce more revenue compared to physical security during the forecast period.
Increasing usage of connected devices and the extensive impact of cyber-attacks are expected to shape the Asia Pacific IoT Security market by 2023
Rising demand for data-driven solutions, increasing digital banking trends, fast-changing regulatory & compliance laws, fraud detection, and enhancing customer experience are expected to drive the market growth. The AI technologies such as Machine Learning, Deep Learning, Natural Language Processing, Image and video processing are expected to boost the AI implementation in the BFSI industry.
Infoholic Research LLP, a global market research and consulting organization, has published a study titled "Worldwide Cryptocurrency and Blockchain Technology Market - Drivers, Opportunities, Trends, and Forecasts: 2016-2022"