Asia Pacific industry is expected to account for largest revenue share by 2037. The market in Asia Pacific is estimated to witness noteworthy growth over the forecast period on the back of the generation of large amount of data, and growing technological developments in the finance sector in the region. In 2021, the consumer internet traffic in the Asia Pacific was more than 95 exabytes per month, up from 70 exabytes per month in 2020 and 72 exabytes per month in 2019 respectively. Moreover, the market in North America is expected to acquire the largest share during the forecast period ascribing to the rising adoption of smartphones, and growing adoption of smartphones in the region. In addition, strong footprint of market players is also projected to fuel the fintech as a service market growth in the region in the coming years.
Author Credits: Abhishek Verma
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