1 / 8

Video Banking Service Market Size, Share | Forecast

The global video banking service market was valued at $71.4 billion in 2021, and is projected to reach $247.9 billion by 2031, growing at a CAGR of 13.6% from 2022 to 2031.

nishadodeja2
Download Presentation

Video Banking Service Market Size, Share | Forecast

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Video Banking Service Market to Reach $247.9 Billion by 2031 | CAGR 13.6%

  2. Video Banking Service Market Overview ⚫ The video banking service market was valued at $71.4 billion in 2021, and is estimated to reach $247.9 billion by 2031, growing at a CAGR of 13.6% from 2022 to 2031. ⚫ Download Sample Report: ⚫ The phrase "video banking" refers to carrying out financial operations or receiving expert financial advice through a remote video connection. A bank staff and a customer can communicate via video conferencing technology through video for financial services. In addition, consumers may use a laptop, tablet, or smartphone to speak with their bank via service of virtual banking while at home. It uses live video technology to link a client with a banker or financial advisor. Therefore, these are the major video banking service market trends.

  3. COVID-19 Impact COVID-19 had a positive impact on the video banking service market. Rapid adoption of digitalization in the banking sector during the pandemic helped to grow the video banking market. Moreover, to improve the security features in the banking platform, many banks adopted machine learning to predict fraud even before it happens. In addition, AI in video banking solutions possesses extreme capabilities to reduce account opening time and operational costs. Furthermore, in the approaching years, it is anticipated that this aspect will present the video banking service industry with numerous, very lucrative prospects.

  4. Key Players The report analyzes the profiles of key players operating in the video banking service market analysis such as AU Small Finance Bank Limited, Barclays, Glia Technologies, Inc., Guaranty Trust Bank Limited, NatWest International, Royal Bank of Scotland plc, Star Financial, StonehamBank, U.S. Bank and Ulster Bank. These players have adopted various strategies to increase their market penetration and strengthen their position in the video banking service market.

  5. Key findings of the study By component, the solution segment led the video banking service market in terms of revenue in 2021. By deployment mode, the on-premise segment accounted for the highest video banking service market share in 2021. By region, North America accounted for the highest video banking service market share in 2021.

  6. Video Banking Service Market Report Highlights By Component By Application ⚫ Solution ⚫ Banks ⚫ Service ⚫ Credit Unions ⚫ Others By Deployment Mode ⚫ On-Premise ⚫ Cloud

  7. By Region Asia-Pacific North America U.S. Canada China ⚫ ⚫ Japan ⚫ ⚫ India ⚫ Europe Australia ⚫ UK ⚫ South Korea ⚫ Germany ⚫ Rest of Asia-Pacific ⚫ France ⚫ LAMEA Italy ⚫ Latin America Spain ⚫ ⚫ Middle East Rest of Europe ⚫ ⚫ Africa ⚫

  8. Contact Us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: 1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com

More Related