Financial services industry's new technology adoption barriers 2020

Published by Statista Research Department, Jul 6, 2022
In 2020, the presence of skills gaps in the local labor market was perceived as the main barrier to the adoption of new technologies in the financial services industry worldwide. The inability to attract specialized talent followed, being cited by more than 52 percent of the respondents as a barrier to new technology adoption in the industry.

Perceived barriers to the adoption of new technologies in the financial services industry worldwide in 2020

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Source

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Release date

October 2020

Region

Worldwide

Survey time period

January to September 2020

Number of respondents

261 respondents

Special properties

Large multinational companies and large local companies which are significant in terms of revenue and size

Method of interview

Online survey

Supplementary notes

Exact number of companies in the industry not stated by the source.
Multiple answers were possible.

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