The Global Internet of things in banking market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of 58.81% during the forecast period of 2017 – 2022. As the world connects with smart devices, different industries are witnessing rapid changes. The Banking industry is no exception to this rule. With devices penetrating the workplace and consumers becoming more aware, it is necessary for banks to tap this potential and enhance customer experiences. Banks can gather information through different smart devices and streamline customers’ priorities with the offering.
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