{"id":11858,"date":"2018-12-17T14:12:35","date_gmt":"2018-12-17T14:12:35","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=11858"},"modified":"2018-12-17T14:13:45","modified_gmt":"2018-12-17T14:13:45","slug":"asian-financial-market-benefits-greatly-from-iot","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/asian-financial-market-benefits-greatly-from-iot\/","title":{"rendered":"Asian financial market benefits greatly from IoT"},"content":{"rendered":"<p>The internet of things (IoT) is transforming financial markets around the world, and Asian banks and insurers are benefitting greatly. According to a study by market research firm ReportsnReports, the size of the global IoT financial services market is set to grow from USD 249.4 million in 2018 to USD 2.03 billion by 2023. This signals a huge range of opportunities, especially in Asia, which is expected to have the highest growth rate in IoT-based finance solutions in the world. According to experts, dynamic adoption and aggressive marketing of IoT technology are driving IoT growth in the region, as are the increasing penetration of devices equipped with data-gathering features such as accelerometers, gyroscopes and GPS. The study added that the insurance segment is also expected to grow rapidly as IoT helps insurers more effectively determine pricing and provide services that keep people and their assets safe.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-11858 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='The importance and convenience of digital wallets'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-importance-and-convenience-of-digital-wallets\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/09\/b93c4a28-877b-4ba4-9563-5a2b7d892e311-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15274\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15274'>\n\t\t\t\tThe importance and convenience of digital wallets\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Universities worldwide facing increased cryptocurrency and blockchain demand'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/universities-worldwide-facing-increased-cryptocurrency-and-blockchain-demand\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/03\/universities-worldwide-facing-increased-cryptocurrency-and-blockchain-demand-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12453\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12453'>\n\t\t\t\tUniversities worldwide facing increased cryptocurrency and blockchain demand\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Kazakhstan&#8217;s Financial Sector Increasing Adoption of Artificial Intelligence'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/kazakhstans-financial-sector-increasing-adoption-of-artificial-intelligence\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2023\/08\/7d87b91c-fbc8-4773-671a-224bdab15e481-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17604\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17604'>\n\t\t\t\tKazakhstan&#8217;s Financial Sector Increasing Adoption of Artificial Intelligence\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The internet of things (IoT) is transforming financial markets around the world, and Asian banks and insurers are benefitting greatly. According to a study by market research firm ReportsnReports, the size of the global IoT financial services market is set to grow from USD 249.4 million in 2018 to USD 2.03 billion by 2023. This &hellip;<\/p>\n","protected":false},"author":5,"featured_media":11909,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[49,421],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/11858"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=11858"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/11858\/revisions"}],"predecessor-version":[{"id":11859,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/11858\/revisions\/11859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/11909"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=11858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=11858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=11858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}