GITNUXREPORT 2025

Finance Industry Statistics

Finance industry booming with digital growth, AI, blockchain, and elevated cybersecurity.

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Statistic 1

The global finance industry is projected to reach a market size of $26.5 trillion by 2025

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Approximately 2.5 billion people worldwide are unbanked or underbanked

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The total assets of all banks worldwide exceeded $150 trillion in 2023

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78% of banking executives consider customer experience as a top priority

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The average cost of a data breach in the financial sector was $5.85 million in 2023

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Around 30% of global banking transactions are now conducted digitally

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Automated teller machines (ATMs) number over 4 million worldwide

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Mobile banking app usage increased by 50% in developed countries during 2022

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Approximately 60% of financial institutions believe artificial intelligence will significantly impact their operations

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The average savings account interest rate in the US was 0.06% in 2023

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The global insurance industry generated revenue of approximately $5.9 trillion in 2022

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Cybersecurity spending in the financial industry is projected to reach $10 billion annually by 2024

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Approximately 35% of bank branches closed in the US between 2010 and 2020, due to digital transition

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The global microfinance market size was valued at $124 billion in 2022

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70% of financial service firms have deployed cloud solutions by 2023

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The average profit margin for banks in developed countries was around 10% in 2023

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Financial advisory services account for approximately 27% of revenue for the global banking industry

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The total amount of banknotes and coins in circulation globally exceeds $6 trillion

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85% of consumers globally trust their banks for financial advice

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Transaction fraud losses in the banking industry amounted to over $11 billion globally in 2022

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Nearly 40% of retail banking customers in developed countries now use mobile banking apps as their primary banking method

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The financial industry is one of the highest adopters of blockchain technology, with over 80% of banks exploring blockchain use cases as of 2023

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The compliance costs for financial institutions rose by 15% in 2022 due to changing regulations

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Over 50% of wealth managers expect to increase their reliance on AI by 2025

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The average age of financial advisors in the US is 50 years old, indicating an upcoming wave of succession planning

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Cryptocurrency market capitalization surpassed $2 trillion in 2023

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The number of people using robo-advisors worldwide is expected to reach 49 million by 2025

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Financial ETFs attracted nearly $200 billion in new assets in 2022

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The total global pension assets are estimated to be over $45 trillion as of 2023

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Investment in sustainable finance reached over $1 trillion in 2022

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The average cost of issuing a bond in the US was around $100,000 in 2023

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The median salary for financial analysts in the US was approximately $85,660 in 2023

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Approximately 25% of global central bank reserves are held in US dollars as of 2023

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Fintech investment reached $135 billion globally in 2022

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Digital wallets usage is expected to surpass 3.6 billion users by 2024

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The number of blockchain wallet users worldwide exceeded 90 million in 2023

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The fintech credit market is projected to grow at a CAGR of 20% from 2023 to 2028

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The adoption rate of open banking APIs in Europe stood at over 60% in 2023

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The use of contactless payments in retail increased by 30% globally during 2022

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Peer-to-peer (P2P) lending platforms facilitated over $46 billion in loans worldwide in 2022

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The number of financial technology startups worldwide increased by 30% between 2020 and 2023

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Key Highlights

The global finance industry is projected to reach a market size of $26.5 trillion by 2025
Approximately 2.5 billion people worldwide are unbanked or underbanked
The total assets of all banks worldwide exceeded $150 trillion in 2023
Fintech investment reached $135 billion globally in 2022
Digital wallets usage is expected to surpass 3.6 billion users by 2024
78% of banking executives consider customer experience as a top priority
The average cost of a data breach in the financial sector was $5.85 million in 2023
Cryptocurrency market capitalization surpassed $2 trillion in 2023
The number of blockchain wallet users worldwide exceeded 90 million in 2023
Around 30% of global banking transactions are now conducted digitally
Automated teller machines (ATMs) number over 4 million worldwide
Mobile banking app usage increased by 50% in developed countries during 2022
The fintech credit market is projected to grow at a CAGR of 20% from 2023 to 2028

The finance industry is rapidly transforming into a digital powerhouse, with global market size projected to hit $26.5 trillion by 2025, as innovations like fintech, blockchain, and AI reshape everything from banking to investments.

Banking and Financial Services

The global finance industry is projected to reach a market size of $26.5 trillion by 2025
Approximately 2.5 billion people worldwide are unbanked or underbanked
The total assets of all banks worldwide exceeded $150 trillion in 2023
78% of banking executives consider customer experience as a top priority
The average cost of a data breach in the financial sector was $5.85 million in 2023
Around 30% of global banking transactions are now conducted digitally
Automated teller machines (ATMs) number over 4 million worldwide
Mobile banking app usage increased by 50% in developed countries during 2022
Approximately 60% of financial institutions believe artificial intelligence will significantly impact their operations
The average savings account interest rate in the US was 0.06% in 2023
The global insurance industry generated revenue of approximately $5.9 trillion in 2022
Cybersecurity spending in the financial industry is projected to reach $10 billion annually by 2024
Approximately 35% of bank branches closed in the US between 2010 and 2020, due to digital transition
The global microfinance market size was valued at $124 billion in 2022
70% of financial service firms have deployed cloud solutions by 2023
The average profit margin for banks in developed countries was around 10% in 2023
Financial advisory services account for approximately 27% of revenue for the global banking industry
The total amount of banknotes and coins in circulation globally exceeds $6 trillion
85% of consumers globally trust their banks for financial advice
Transaction fraud losses in the banking industry amounted to over $11 billion globally in 2022
Nearly 40% of retail banking customers in developed countries now use mobile banking apps as their primary banking method
The financial industry is one of the highest adopters of blockchain technology, with over 80% of banks exploring blockchain use cases as of 2023

Banking and Financial Services Interpretation

As the global finance industry surges towards a projected $26.5 trillion by 2025—with over 2.5 billion unbanked or underbanked individuals, an expanding digital footprint encompassing 30% of transactions and 4 million ATMs, and a growing reliance on AI and blockchain—banks are navigating a delicate balance between embracing innovation, safeguarding a $150 trillion asset pool, and maintaining consumer trust in an era where data breaches cost nearly $6 million each, highlighting that in the world of finance, agility and security are the ultimate paydays.

Cybersecurity and Compliance

The compliance costs for financial institutions rose by 15% in 2022 due to changing regulations

Cybersecurity and Compliance Interpretation

As regulatory red tape tightens, banks are shelling out 15% more to stay compliant in 2022, turning the pursuit of legal adherence into a costly new financial frontier.

Financial Industry Trends and Consumer Behavior

Over 50% of wealth managers expect to increase their reliance on AI by 2025
The average age of financial advisors in the US is 50 years old, indicating an upcoming wave of succession planning

Financial Industry Trends and Consumer Behavior Interpretation

As AI prepares to take a more prominent role in wealth management, the industry stands on the cusp of a generational shift, with seasoned advisors handing over the reins to digital-savvy successors before the 50-year-old age median signals a fading of the old guard.

Financial Markets and Investment

Cryptocurrency market capitalization surpassed $2 trillion in 2023
The number of people using robo-advisors worldwide is expected to reach 49 million by 2025
Financial ETFs attracted nearly $200 billion in new assets in 2022
The total global pension assets are estimated to be over $45 trillion as of 2023
Investment in sustainable finance reached over $1 trillion in 2022
The average cost of issuing a bond in the US was around $100,000 in 2023
The median salary for financial analysts in the US was approximately $85,660 in 2023
Approximately 25% of global central bank reserves are held in US dollars as of 2023

Financial Markets and Investment Interpretation

With cryptocurrency soaring past $2 trillion, robo-advisors reaching nearly 50 million users, and sustainable finance crossing $1 trillion, the financial industry is clearly embracing innovation and resilience—even as the US dollar maintains its dominance amid rising pension assets and costly bond issuances.

Fintech and Digital Payments

Fintech investment reached $135 billion globally in 2022
Digital wallets usage is expected to surpass 3.6 billion users by 2024
The number of blockchain wallet users worldwide exceeded 90 million in 2023
The fintech credit market is projected to grow at a CAGR of 20% from 2023 to 2028
The adoption rate of open banking APIs in Europe stood at over 60% in 2023
The use of contactless payments in retail increased by 30% globally during 2022
Peer-to-peer (P2P) lending platforms facilitated over $46 billion in loans worldwide in 2022
The number of financial technology startups worldwide increased by 30% between 2020 and 2023

Fintech and Digital Payments Interpretation

As fintech continues its explosive growth, with investments soaring to $135 billion and digital wallets nearing 3.6 billion users, it’s clear that open banking, contactless payments, and blockchain are not just innovations but the new normal—making traditional financial systems feel more like legacy tech than the future.