How Is IoT Shaping FinTech in 2023?
Too Long; Didn't Read
The Internet of Things (IoT) is the growing network of physical and electronic devices, or “things,” that are connected to the internet. Its global market is projected to rise at a compound annual growth rate (CAGR) of 13% from 2023 to 2033, with a whopping $165.17 billion this year. The IoT helps the banking and FinTech industry become more efficient, reliable, and secure.