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Augmented Reality in BFSI Market By Component, By Deployment Mode, By Applications, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 320 Pages
  • January 2023
  • Region: Global
  • Allied Market Research
  • ID: 5751084
The utilization of information in the form of text, pictures, music, and other virtual upgrades that are combined with physical items is known as augmented reality (AR). This "real world" component is what sets augmented reality apart from virtual reality. As opposed to a simulation, augmented reality (AR) combines and enhances the user's engagement with the actual environment.

There is a rising adoption of augmented reality in BFSI among the end user due to the easy access to solutions and the opportunity to carry out whatever activities they want easily from anywhere across globe. Furthermore, as consumer preferences shift, lenders have begun to focus on improving customer service through technology. Additionally, the most important aspect of utilizing augmented reality technologies in the financial sector is the visualization of data. Accordingly, advanced augmented reality-backed stock trading and investing has created a way for participants to track and visualize the financial market with greater depth in a three-dimensional and interactive environment. However, privacy of the users data, is restraining the growth of the augmented reality in BFSI market. A large amount of personal and sensitive data is potentially vulnerable to breaches and can be accessed by malicious entities. Thus, such factors is restraining the growth of the Augmented reality in BFSI market. On the contrary growing use of artificial intelligence is helping to boost the augmented reality in BFSI market. Furthermore, it enables banks and financial institution to manage record-level high-speed data to receive valuable insights. Moreover, artificial intelligence comprises a broad set of technologies, including, but are not limited to, machine learning, natural language processing, expert systems, vision, speech, planning, and robotics, etc. Therefore, adoption of artificial intelligence & machine in the BFSI industry is expected to provide lucrative growth opportunities for the market in the coming years.

The augmented reality in BFSI market is segmented based on component, deployment mode, application, end user, and region. By component, it is segmented into hardware, software and services. By deployment mode, it is bifurcated into on-premise and cloud. On the basis of application, the augmented reality in BFSI market is segmented into APIs and SDKs, application delivery networks (ADNs), content delivery networks (CDN), customer relationship management (CRM), and others. By end user, the augmented reality in BFSI market is bifurcated into banks, insurance companies, credit unions, and NBFCs. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report analyzes the profiles of key players operating in the loan management software market such as Microsoft, Samsung, Oracle, IBM, Magic Leap, Inc., Blippar Group Limited, 3rockAR, Plain Concepts, VisionLabs, and Vuzix. These players have adopted various Strategies to increase their market penetration and strengthen their position in the loan management software industry.

Key benefits for stakeholders

  • The study provides in-depth analysis of the global loan management software market along with the current & future trends to illustrate the imminent investment pockets.
  • Information about key drivers, restrains, & opportunities and their impact analysis on the global loan management software market size are provided in the report.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the global loan management software market from 2022 to 2031 is provided to determine the market potential.

Key Market Segments

By Component

  • Hardware
  • Software
  • Services

By Deployment Mode

  • On-Premise
  • Cloud

By Applications

  • APIs and SDKs
  • Application Delivery Networks (ADNs)
  • Content Delivery Networks (CDNs)
  • Customer Relationship Management (CRM)

By End User

  • Banks
  • Insurance Companies
  • Credit Unions
  • NBFCs

By Region

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

Key Market Players

  • Microsoft
  • Samsung
  • IBM
  • 3rockAR
  • Plain Concepts
  • Vuzix
  • Oracle
  • Blippar Group Limited
  • VisionLabs
  • Magic Leap, Inc.

 

Please note:

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. High to moderate bargaining power of suppliers
3.3.2. High to low bargaining power of buyers
3.3.3. Moderate to high threat of substitutes
3.3.4. High to moderate threat of new entrants
3.3.5. Moderate to high intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increasing adoption of AR technology in BFSI sector
3.4.1.2. Access to easier payments
3.4.1.3. Improved training and quality of education with AR
3.4.2. Restraints
3.4.2.1. Challenges with the implementation of augmented reality in banking
3.4.2.2. Long-term impacts of augmented reality on mental health
3.4.3. Opportunities
3.4.3.1. The advancement of augmented reality in BFSI sector
3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: AUGMENTED REALITY IN BFSI MARKET, BY COMPONENT
4.1. Overview
4.1.1. Market size and forecast
4.2. Hardware
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Software
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Services
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country

CHAPTER 5: AUGMENTED REALITY IN BFSI MARKET, BY DEPLOYMENT MODE
5.1. Overview
5.1.1. Market size and forecast
5.2. On-Premise
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Cloud
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country

CHAPTER 6: AUGMENTED REALITY IN BFSI MARKET, BY APPLICATIONS
6.1. Overview
6.1.1. Market size and forecast
6.2. APIs and SDKs
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Application Delivery Networks (ADNs)
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Content Delivery Networks (CDNs)
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
6.5. Customer Relationship Management (CRM)
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market share analysis by country
6.6. Others
6.6.1. Key market trends, growth factors and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market share analysis by country

CHAPTER 7: AUGMENTED REALITY IN BFSI MARKET, BY END USER
7.1. Overview
7.1.1. Market size and forecast
7.2. Banks
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market share analysis by country
7.3. Insurance Companies
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market share analysis by country
7.4. Credit Unions
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market share analysis by country
7.5. NBFCs
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by region
7.5.3. Market share analysis by country

CHAPTER 8: AUGMENTED REALITY IN BFSI MARKET, BY REGION
8.1. Overview
8.1.1. Market size and forecast By Region
8.2. North America
8.2.1. Key trends and opportunities
8.2.2. Market size and forecast, by Component
8.2.3. Market size and forecast, by Deployment Mode
8.2.4. Market size and forecast, by Applications
8.2.5. Market size and forecast, by End User
8.2.6. Market size and forecast, by country
8.2.6.1. U.S.
8.2.6.1.1. Key market trends, growth factors and opportunities
8.2.6.1.2. Market size and forecast, by Component
8.2.6.1.3. Market size and forecast, by Deployment Mode
8.2.6.1.4. Market size and forecast, by Applications
8.2.6.1.5. Market size and forecast, by End User
8.2.6.2. Canada
8.2.6.2.1. Key market trends, growth factors and opportunities
8.2.6.2.2. Market size and forecast, by Component
8.2.6.2.3. Market size and forecast, by Deployment Mode
8.2.6.2.4. Market size and forecast, by Applications
8.2.6.2.5. Market size and forecast, by End User
8.3. Europe
8.3.1. Key trends and opportunities
8.3.2. Market size and forecast, by Component
8.3.3. Market size and forecast, by Deployment Mode
8.3.4. Market size and forecast, by Applications
8.3.5. Market size and forecast, by End User
8.3.6. Market size and forecast, by country
8.3.6.1. UK
8.3.6.1.1. Key market trends, growth factors and opportunities
8.3.6.1.2. Market size and forecast, by Component
8.3.6.1.3. Market size and forecast, by Deployment Mode
8.3.6.1.4. Market size and forecast, by Applications
8.3.6.1.5. Market size and forecast, by End User
8.3.6.2. Germany
8.3.6.2.1. Key market trends, growth factors and opportunities
8.3.6.2.2. Market size and forecast, by Component
8.3.6.2.3. Market size and forecast, by Deployment Mode
8.3.6.2.4. Market size and forecast, by Applications
8.3.6.2.5. Market size and forecast, by End User
8.3.6.3. France
8.3.6.3.1. Key market trends, growth factors and opportunities
8.3.6.3.2. Market size and forecast, by Component
8.3.6.3.3. Market size and forecast, by Deployment Mode
8.3.6.3.4. Market size and forecast, by Applications
8.3.6.3.5. Market size and forecast, by End User
8.3.6.4. Italy
8.3.6.4.1. Key market trends, growth factors and opportunities
8.3.6.4.2. Market size and forecast, by Component
8.3.6.4.3. Market size and forecast, by Deployment Mode
8.3.6.4.4. Market size and forecast, by Applications
8.3.6.4.5. Market size and forecast, by End User
8.3.6.5. Spain
8.3.6.5.1. Key market trends, growth factors and opportunities
8.3.6.5.2. Market size and forecast, by Component
8.3.6.5.3. Market size and forecast, by Deployment Mode
8.3.6.5.4. Market size and forecast, by Applications
8.3.6.5.5. Market size and forecast, by End User
8.3.6.6. Rest of Europe
8.3.6.6.1. Key market trends, growth factors and opportunities
8.3.6.6.2. Market size and forecast, by Component
8.3.6.6.3. Market size and forecast, by Deployment Mode
8.3.6.6.4. Market size and forecast, by Applications
8.3.6.6.5. Market size and forecast, by End User
8.4. Asia-Pacific
8.4.1. Key trends and opportunities
8.4.2. Market size and forecast, by Component
8.4.3. Market size and forecast, by Deployment Mode
8.4.4. Market size and forecast, by Applications
8.4.5. Market size and forecast, by End User
8.4.6. Market size and forecast, by country
8.4.6.1. China
8.4.6.1.1. Key market trends, growth factors and opportunities
8.4.6.1.2. Market size and forecast, by Component
8.4.6.1.3. Market size and forecast, by Deployment Mode
8.4.6.1.4. Market size and forecast, by Applications
8.4.6.1.5. Market size and forecast, by End User
8.4.6.2. Japan
8.4.6.2.1. Key market trends, growth factors and opportunities
8.4.6.2.2. Market size and forecast, by Component
8.4.6.2.3. Market size and forecast, by Deployment Mode
8.4.6.2.4. Market size and forecast, by Applications
8.4.6.2.5. Market size and forecast, by End User
8.4.6.3. India
8.4.6.3.1. Key market trends, growth factors and opportunities
8.4.6.3.2. Market size and forecast, by Component
8.4.6.3.3. Market size and forecast, by Deployment Mode
8.4.6.3.4. Market size and forecast, by Applications
8.4.6.3.5. Market size and forecast, by End User
8.4.6.4. Australia
8.4.6.4.1. Key market trends, growth factors and opportunities
8.4.6.4.2. Market size and forecast, by Component
8.4.6.4.3. Market size and forecast, by Deployment Mode
8.4.6.4.4. Market size and forecast, by Applications
8.4.6.4.5. Market size and forecast, by End User
8.4.6.5. South Korea
8.4.6.5.1. Key market trends, growth factors and opportunities
8.4.6.5.2. Market size and forecast, by Component
8.4.6.5.3. Market size and forecast, by Deployment Mode
8.4.6.5.4. Market size and forecast, by Applications
8.4.6.5.5. Market size and forecast, by End User
8.4.6.6. Rest of Asia-Pacific
8.4.6.6.1. Key market trends, growth factors and opportunities
8.4.6.6.2. Market size and forecast, by Component
8.4.6.6.3. Market size and forecast, by Deployment Mode
8.4.6.6.4. Market size and forecast, by Applications
8.4.6.6.5. Market size and forecast, by End User
8.5. LAMEA
8.5.1. Key trends and opportunities
8.5.2. Market size and forecast, by Component
8.5.3. Market size and forecast, by Deployment Mode
8.5.4. Market size and forecast, by Applications
8.5.5. Market size and forecast, by End User
8.5.6. Market size and forecast, by country
8.5.6.1. Latin America
8.5.6.1.1. Key market trends, growth factors and opportunities
8.5.6.1.2. Market size and forecast, by Component
8.5.6.1.3. Market size and forecast, by Deployment Mode
8.5.6.1.4. Market size and forecast, by Applications
8.5.6.1.5. Market size and forecast, by End User
8.5.6.2. Middle East
8.5.6.2.1. Key market trends, growth factors and opportunities
8.5.6.2.2. Market size and forecast, by Component
8.5.6.2.3. Market size and forecast, by Deployment Mode
8.5.6.2.4. Market size and forecast, by Applications
8.5.6.2.5. Market size and forecast, by End User
8.5.6.3. Africa
8.5.6.3.1. Key market trends, growth factors and opportunities
8.5.6.3.2. Market size and forecast, by Component
8.5.6.3.3. Market size and forecast, by Deployment Mode
8.5.6.3.4. Market size and forecast, by Applications
8.5.6.3.5. Market size and forecast, by End User

CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top player positioning, 2021

CHAPTER 10: COMPANY PROFILES
10.1. Microsoft
10.1.1. Company overview
10.1.2. Key Executives
10.1.3. Company snapshot
10.1.4. Operating business segments
10.1.5. Product portfolio
10.1.6. Business performance
10.2. Samsung
10.2.1. Company overview
10.2.2. Key Executives
10.2.3. Company snapshot
10.2.4. Operating business segments
10.2.5. Product portfolio
10.2.6. Business performance
10.3. Oracle
10.3.1. Company overview
10.3.2. Key Executives
10.3.3. Company snapshot
10.3.4. Operating business segments
10.3.5. Product portfolio
10.4. IBM
10.4.1. Company overview
10.4.2. Key Executives
10.4.3. Company snapshot
10.4.4. Operating business segments
10.4.5. Product portfolio
10.4.6. Business performance
10.5. Magic Leap, Inc.
10.5.1. Company overview
10.5.2. Key Executives
10.5.3. Company snapshot
10.5.4. Operating business segments
10.5.5. Product portfolio
10.5.6. Key strategic moves and developments
10.6. Blippar Group Limited
10.6.1. Company overview
10.6.2. Key Executives
10.6.3. Company snapshot
10.6.4. Operating business segments
10.6.5. Product portfolio
10.7. 3rockAR
10.7.1. Company overview
10.7.2. Key Executives
10.7.3. Company snapshot
10.7.4. Operating business segments
10.7.5. Product portfolio
10.8. Plain Concepts
10.8.1. Company overview
10.8.2. Key Executives
10.8.3. Company snapshot
10.8.4. Operating business segments
10.8.5. Product portfolio
10.9. VisionLabs
10.9.1. Company overview
10.9.2. Key Executives
10.9.3. Company snapshot
10.9.4. Operating business segments
10.9.5. Product portfolio
10.9.6. Key strategic moves and developments
10.10. Vuzix
10.10.1. Company overview
10.10.2. Key Executives
10.10.3. Company snapshot
10.10.4. Operating business segments
10.10.5. Product portfolio
10.10.6. Business performance
10.10.7. Key strategic moves and developments

List of Tables
Table 01. Global Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 02. Augmented Reality in Bfsi Market for Hardware, by Region, 2021-2031 (Revenue, $Million)
Table 03. Augmented Reality in Bfsi Market for Software, by Region, 2021-2031 (Revenue, $Million)
Table 04. Augmented Reality in Bfsi Market for Services, by Region, 2021-2031 (Revenue, $Million)
Table 05. Global Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 06. Augmented Reality in Bfsi Market for On-Premise, by Region, 2021-2031 (Revenue, $Million)
Table 07. Augmented Reality in Bfsi Market for Cloud, by Region, 2021-2031 (Revenue, $Million)
Table 08. Global Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 09. Augmented Reality in Bfsi Market for Apis and Sdks, by Region, 2021-2031 (Revenue, $Million)
Table 10. Augmented Reality in Bfsi Market for Application Delivery Networks (Adns), by Region, 2021-2031 (Revenue, $Million)
Table 11. Augmented Reality in Bfsi Market for Content Delivery Networks (Cdns), by Region, 2021-2031 (Revenue, $Million)
Table 12. Augmented Reality in Bfsi Market for Customer Relationship Management (Crm), by Region, 2021-2031 (Revenue, $Million)
Table 13. Augmented Reality in Bfsi Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 14. Global Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 15. Augmented Reality in Bfsi Market for Banks, by Region, 2021-2031 (Revenue, $Million)
Table 16. Augmented Reality in Bfsi Market for Insurance Companies, by Region, 2021-2031 (Revenue, $Million)
Table 17. Augmented Reality in Bfsi Market for Credit Unions, by Region, 2021-2031 (Revenue, $Million)
Table 18. Augmented Reality in Bfsi Market for Nbfcs, by Region, 2021-2031 (Revenue, $Million)
Table 19. Augmented Reality in Bfsi Market, by Region, 2021-2031 (Revenue, $Million)
Table 20. North America Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 21. North America Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 22. North America Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 23. North America Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 24. North America Augmented Reality in Bfsi Market, by Country, 2021-2031 (Revenue, $Million)
Table 25. U.S. Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 26. U.S. Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 27. U.S. Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 28. U.S. Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 29. Canada Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 30. Canada Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 31. Canada Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 32. Canada Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 33. Europe Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 34. Europe Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 35. Europe Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 36. Europe Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 37. Europe Augmented Reality in Bfsi Market, by Country, 2021-2031 (Revenue, $Million)
Table 38. UK Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 39. UK Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 40. UK Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 41. UK Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 42. Germany Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 43. Germany Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 44. Germany Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 45. Germany Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 46. France Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 47. France Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 48. France Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 49. France Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 50. Italy Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 51. Italy Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 52. Italy Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 53. Italy Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 54. Spain Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 55. Spain Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 56. Spain Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 57. Spain Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 58. Rest of Europe Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 59. Rest of Europe Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 60. Rest of Europe Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 61. Rest of Europe Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 62. Asia-Pacific Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 63. Asia-Pacific Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 64. Asia-Pacific Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 65. Asia-Pacific Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 66. Asia-Pacific Augmented Reality in Bfsi Market, by Country, 2021-2031 (Revenue, $Million)
Table 67. China Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 68. China Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 69. China Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 70. China Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 71. Japan Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 72. Japan Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 73. Japan Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 74. Japan Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 75. India Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 76. India Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 77. India Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 78. India Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 79. Australia Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 80. Australia Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 81. Australia Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 82. Australia Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 83. South Korea Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 84. South Korea Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 85. South Korea Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 86. South Korea Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 87. Rest of Asia-Pacific Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 88. Rest of Asia-Pacific Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 89. Rest of Asia-Pacific Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 90. Rest of Asia-Pacific Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 91. LAMEA Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 92. LAMEA Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 93. LAMEA Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 94. LAMEA Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 95. LAMEA Augmented Reality in Bfsi Market, by Country, 2021-2031 (Revenue, $Million)
Table 96. Latin America Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 97. Latin America Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 98. Latin America Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 99. Latin America Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 100. Middle East Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 101. Middle East Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 102. Middle East Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 103. Middle East Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 104. Africa Augmented Reality in Bfsi Market, by Component, 2021-2031 (Revenue, $Million)
Table 105. Africa Augmented Reality in Bfsi Market, by Deployment Mode, 2021-2031 (Revenue, $Million)
Table 106. Africa Augmented Reality in Bfsi Market, by Applications, 2021-2031 (Revenue, $Million)
Table 107. Africa Augmented Reality in Bfsi Market, by End-user, 2021-2031 (Revenue, $Million)
Table 108. Microsoft: Key Executives
Table 109. Microsoft: Company Snapshot
Table 110. Microsoft: Service Segments
Table 111. Microsoft: Product Portfolio
Table 112. Samsung: Key Executives
Table 113. Samsung: Company Snapshot
Table 114. Samsung: Service Segments
Table 115. Samsung: Product Portfolio
Table 116. Oracle: Key Executives
Table 117. Oracle: Company Snapshot
Table 118. Oracle: Service Segments
Table 119. Oracle: Product Portfolio
Table 120. IBM: Key Executives
Table 121. IBM: Company Snapshot
Table 122. IBM: Service Segments
Table 123. IBM: Product Portfolio
Table 124. Magic Leap, Inc.: Key Executives
Table 125. Magic Leap, Inc.: Company Snapshot
Table 126. Magic Leap, Inc.: Service Segments
Table 127. Magic Leap, Inc.: Product Portfolio
Table 128. Magic Leap, Inc.: Key Strategies
Table 129. Blippar Group Limited: Key Executives
Table 130. Blippar Group Limited: Company Snapshot
Table 131. Blippar Group Limited: Service Segments
Table 132. Blippar Group Limited: Product Portfolio
Table 133. 3Rockar: Key Executives
Table 134. 3Rockar: Company Snapshot
Table 135. 3Rockar: Service Segments
Table 136. 3Rockar: Product Portfolio
Table 137. Plain Concepts: Key Executives
Table 138. Plain Concepts: Company Snapshot
Table 139. Plain Concepts: Service Segments
Table 140. Plain Concepts: Product Portfolio
Table 141. Visionlabs: Key Executives
Table 142. Visionlabs: Company Snapshot
Table 143. Visionlabs: Service Segments
Table 144. Visionlabs: Product Portfolio
Table 145. Visionlabs: Key Strategies
Table 146. Vuzix: Key Executives
Table 147. Vuzix: Company Snapshot
Table 148. Vuzix: Service Segments
Table 149. Vuzix: Product Portfolio
Table 150. Vuzix: Key Strategies

List of Figures
Figure 01. Augmented Reality in Bfsi Market, 2021-2031
Figure 02. Segmentation of Augmented Reality in Bfsi Market, 2021-2031
Figure 03. Top Investment Pockets in Augmented Reality in Bfsi Market (2022-2031)
Figure 04. High to Moderate Bargaining Power of Suppliers
Figure 05. High to Low Bargaining Power of Buyers
Figure 06. Moderate to High Threat of Substitutes
Figure 07. High to Moderate Threat of New Entrants
Figure 08. Moderate to High Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globalaugmented Reality in Bfsi Market
Figure 10. Augmented Reality in Bfsi Market, by Component, 2021(%)
Figure 11. Comparative Share Analysis of Augmented Reality in Bfsi Market for Hardware, by Country 2021-2031(%)
Figure 12. Comparative Share Analysis of Augmented Reality in Bfsi Market for Software, by Country 2021-2031(%)
Figure 13. Comparative Share Analysis of Augmented Reality in Bfsi Market for Services, by Country 2021-2031(%)
Figure 14. Augmented Reality in Bfsi Market, by Deployment Mode, 2021(%)
Figure 15. Comparative Share Analysis of Augmented Reality in Bfsi Market for On-Premise, by Country 2021-2031(%)
Figure 16. Comparative Share Analysis of Augmented Reality in Bfsi Market for Cloud, by Country 2021-2031(%)
Figure 17. Augmented Reality in Bfsi Market, by Applications, 2021(%)
Figure 18. Comparative Share Analysis of Augmented Reality in Bfsi Market for Apis and Sdks, by Country 2021-2031(%)
Figure 19. Comparative Share Analysis of Augmented Reality in Bfsi Market for Application Delivery Networks (Adns), by Country 2021-2031(%)
Figure 20. Comparative Share Analysis of Augmented Reality in Bfsi Market for Content Delivery Networks (Cdns), by Country 2021-2031(%)
Figure 21. Comparative Share Analysis of Augmented Reality in Bfsi Market for Customer Relationship Management (Crm), by Country 2021-2031(%)
Figure 22. Comparative Share Analysis of Augmented Reality in Bfsi Market for Others, by Country 2021-2031(%)
Figure 23. Augmented Reality in Bfsi Market, by End-user, 2021(%)
Figure 24. Comparative Share Analysis of Augmented Reality in Bfsi Market for Banks, by Country 2021-2031(%)
Figure 25. Comparative Share Analysis of Augmented Reality in Bfsi Market for Insurance Companies, by Country 2021-2031(%)
Figure 26. Comparative Share Analysis of Augmented Reality in Bfsi Market for Credit Unions, by Country 2021-2031(%)
Figure 27. Comparative Share Analysis of Augmented Reality in Bfsi Market for Nbfcs, by Country 2021-2031(%)
Figure 28. Augmented Reality in Bfsi Market by Region, 2021
Figure 29. U.S. Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 30. Canada Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 31. UK Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 32. Germany Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 33. France Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 34. Italy Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 35. Spain Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 36. Rest of Europe Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 37. China Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 38. Japan Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 39. India Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 40. Australia Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 41. South Korea Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 42. Rest of Asia-Pacific Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 43. Latin America Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 44. Middle East Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 45. Africa Augmented Reality in Bfsi Market, 2021-2031 ($Million)
Figure 46. Top Winning Strategies, by Year
Figure 47. Top Winning Strategies, by Development
Figure 48. Top Winning Strategies, by Company
Figure 49. Product Mapping of Top 10 Players
Figure 50. Competitive Dashboard
Figure 51. Competitive Heatmap: Augmented Reality in Bfsi Market
Figure 52. Top Player Positioning, 2021
Figure 53. Microsoft: Net Revenue, 2019-2021 ($Million)
Figure 54. Microsoft: Revenue Share by Segment, 2021 (%)
Figure 55. Microsoft: Revenue Share by Region, 2021 (%)
Figure 56. Samsung: Net Revenue, 2019-2021 ($Million)
Figure 57. Samsung: Revenue Share by Segment, 2021 (%)
Figure 58. Samsung: Revenue Share by Region, 2021 (%)
Figure 59. IBM: Net Revenue, 2019-2021 ($Million)
Figure 60. IBM: Revenue Share by Segment, 2021 (%)
Figure 61. IBM: Revenue Share by Region, 2021 (%)
Figure 62. Vuzix: Net Revenue, 2019-2021 ($Million)

Executive Summary

According to the report titled, 'Augmented Reality in BFSI Market,' the augmented reality in bfsi market was valued at $763.23 million in 2021, and is estimated to reach $5.9 billion by 2031, growing at a CAGR of 23.2% from 2022 to 2031.

The Augmented Reality in BFSI Market is likely to experience a significant growth rate of 23.2% from 2022-2031 owing to increasing market demand from banking sector.

The utilization of information in the form of text, pictures, music, and other virtual upgrades that are combined with physical items is known as augmented reality (AR). This ''real world'component is what sets augmented reality apart from virtual reality. As opposed to a simulation, augmented reality (AR) combines and enhances the user's engagement with the actual environment.

Key factors driving the growth of the Growlers market include rising adoption of augmented reality in BFSI among the end user due to the easy access to solutions and the opportunity to carry out whatever activities they want easily from anywhere across globe. Furthermore, as consumer preferences shift, lenders have begun to focus on improving customer service through technology. Additionally, the most important aspect of utilizing augmented reality technologies in the financial sector is the visualization of data.Accordingly, advanced augmented reality-backed stock trading and investing has created a way for participants to track and visualize the financial market with greater depth in a three-dimensional and interactive environment. . Moreover, it enables customers with a 360 degree view of their current position, various status of their requests, new offerings and many more. Some of the key functions where AR will be forming an impact is the documentation (filling of forms), etc. In addition, with the help of AR customers will have a personalized chat with any of the bank personal for any services. Also, now-a-days many businesses have started using AR in banking and financial services to create immersive experiences for clients and customers. Furthermore, AR technology can help to showcase abstract financial data in the simplest way possible. In the ever-changing world of finance, AR is a game changer for consolidating and presenting complex data in an immersive, aesthetically pleasing manner. AR-based applications and services can be especially useful for customers who are new to handling personal and commercial finance.In addition, the rapid adoption of augmented reality (AR) technology in the financial sector is rising due to the visualization of data. The advanced AR-backed stock trading and investing has created a way for participants to track and visualize the financial market with greater depth in a three-dimensional and interactive environment. This has transformed the way financial companies assess their reporting insights. Now, financial information, charts, graphs, and predictions can all take place in a 3D, virtual space. This makes it much easier to draw compelling connections and engage with models to predict better outcomes
The market also offers growth opportunities to the key players in the market. Growing use of artificial intelligence is helping to boost the augmented reality in BFSI market. Furthermore, it enables banks and financial institution to manage record-level high-speed data to receive valuable insights. Moreover, artificial intelligence comprises a broad set of technologies, including, but are not limited to, machine learning, natural language processing, expert systems, vision, speech, planning, and robotics, etc. Therefore, adoption of artificial intelligence & machine in the BFSI industry is expected to provide lucrative growth opportunities for the market in the coming years. Further, there is growing usage of AI in augmented reality in BFSI market, which helps to boost the market in the coming years.

The augmented reality in BFSI market is segmented based on component, deployment mode, application, end user, and region. By component, it is segmented into hardware, software and services. By deployment mode, it is bifurcated into on-premise and cloud. On the basis of application, the augmented reality in BFSI market is segmented into APIs and SDKs, application delivery networks (ADNs), content delivery networks (CDN), customer relationship management (CRM), and others. By end user, the augmented reality in BFSI market is bifurcated into banks, insurance companies, credit unions, and NBFCs. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the study include Microsoft, Samsung, Oracle, IBM, Magic Leap, Inc., Blippar Group Limited, 3rockAR, Plain Concepts, VisionLabs, and Vuzix. The players in the market have been actively engaged in the adoption various Strategies such as acquisition, product launch and expansion to remain competitive and gain advantage over the competitors in the market.

Key Market Insights

By component, the hardware segment led the augmented reality in BFSI market in terms of revenue in 2021.

By deployment mode, the on-premises segment accounted for the highest augmented reality in BFSI market share in 2021.

By region, North America generated the highest revenue of augmented reality in BFSI market in 2021.

Companies Mentioned

  • Microsoft
  • Samsung
  • IBM
  • 3rockAR
  • Plain Concepts
  • Vuzix
  • Oracle
  • Blippar Group Limited
  • VisionLabs
  • Magic Leap, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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