Global Remote Security Capture Market research report published by Reports and Data is an extensive and thorough research on the Remote Security Capture market based on key factors such as market risks, opportunities, challenges faced by the market, government policies and regulatory framework, current and emerging trends, recent technological developments, key competitors, and regional bifurcation. The report provides a comprehensive analysis of current market dynamics and the factors that might influence the growth of the market or hamper it. The report leverages advanced tools such as SWOT analysis and Porter’s Five Forces analysis for an accurate estimation of the market growth and revenue growth rate. The report also provides an extensive analysis of the impact of COVID-19 pandemic and how it has contributed to progress of the market.
Growing popularity of RDC 2.0 over conventional RDC due to emergence of new technologies is another key factor driving revenue growth of the market. Incorporating AI along with conventional RDC has enabled integration of RDC with straight-through cash application. RDC 2.0 can allow scanning of remittances and cheques in a single batch, which captures high accuracy data with its built-in magnetic strip based MICR capture and OCR based data capture. These solutions depend on integration of regular RDC scanners with Artificial Intelligence (AI)-enabled cash application solutions. it is further compatible with regular RDC scanners and is feasible for Small and Medium-sized Business (SMBs), as it saves a lot of cost.
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Information and communications technology (ICT) refers to the unified communications and integration of telecommunications and computers. ICT is the infrastructure and components that enable modern computing and the technology is used to efficiently handle communications processes such as broadcast media, telecommunications, audiovisual processing and transmission systems, and network-based control and monitoring functions. Rapid advancements in big data and machine learning has contributed to significant progress of the ICT industry. Integration of cloud-computing, availability of large number of mobile apps, rapid automation across the numerous end-use industries, and advancements in artificial intelligence are some key factors expected to drive market revenue growth over the forecast period. The advent of Internet of Things (IoT), increasing research and development activities, and development of robust business intelligence tools are some other factors contributing to market growth.
The report offers extensive analysis of the key drivers, challenges, limitations, and current and emerging trends of the market. The report also provides strategic recommendations and insights for new entrants to propel their entry into the market and overcome entry-level barriers and thereby contribute to revenue growth of the market. The competitive landscape segment further offers key insights into mergers and acquisitions, collaborations, partnerships, agreements, corporate deals, and brand promotions among others. The report also provides deeper insights into the workings and product portfolio of each market player to help clients better understand the market competition.
Key companies profiled in the report include:
The Bank of New York Mellon Corporation, Branch Banking & Trust Corporation, Citigroup, Inc., Bluestone Bank, The Bank of America Corporation, Fidelity National Information Services., Fiserv, Inc., Orange County Business Bank, Wells Fargo Company, and Jack Henry & Associates
The market report further segments the market into types, applications and regions and provides details about factors affecting and driving their revenue growth and the estimated revenue growth over the forecast period. An in-depth country wise analysis is also offered for better understanding.
Remote Security Capture Market Breakdown:
Component Outlook (Revenue, USD Billion; 2019-2030)
Deployment Outlook (Revenue, USD Billion; 2019-2030)
Organization Size Outlook (Revenue, USD Billion)
- Small Enterprise
- Medium Enterprise
- Large Enterprise
Application Outlook (Revenue, USD Billion, Volume)
- Branch Deposits
- Retail Deposits
- Commercial Deposits
- Backoffice Deposits
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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