Global Artificial Intelligence in BFSI Market Size and Revenue Forecasts
The report on the Global Artificial Intelligence in BFSI Market initially offers an in-depth overview of the Artificial Intelligence in BFSI Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
The global Artificial Intelligence in BFSI market size is expected to reach USD 68.23 Billion at a steady CAGR of 36.5% in 2028, according to latest analysis by Emergen Research. Artificial Intelligence (AI) helps in predicting future trends based on analysis of past behavior of customers, and also helps banks to detect patterns in laundering, identify fraud, and make customer recommendations. These advantages are resulting in increasing deployment of AI in banking operations, which is driving revenue growth of the global Artificial Intelligence in BFSI market.
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The report highlights the current impact of COVID-19 on the Artificial Intelligence in BFSI market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Artificial Intelligence in BFSI according to the impact of COVID-19.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Artificial Intelligence in BFSI market expected to boost the growth of the industry in the coming years.
Artificial Intelligence in BFSI Market Segmentation:
-
Offering Component Outlook (Revenue, USD Billion; 2018–2028)
- Software
- Services
- Hardware
-
Solution Outlook (Revenue, USD Billion; 2018–2028)
- Fraud Detection & Prevention
- Customer Relationship Management
- Chabot
- Anti-money Laundering
- Data Analytics & Prediction
- Others
-
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Machine Learning
- Context Aware Processing
- Natural Language Processing (NLP)
- Deep Learning
- Others
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Artificial Intelligence in BFSI market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Amazon Web Services (AWS), Inc., Google LLC, CognitiveScale, Inc., Descartes Labs, Inc., Avaamo, Inc., Intel Corporation, Baidu, Inc., SAP SE, Microsoft Corporation, and Oracle Corporation
Regional Landscape section of the Artificial Intelligence in BFSI report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- 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)
Key Questions Answered in the Report:
- Who are the prominent distributors, vendors, and manufacturers of the market?
- What are the driving and restraining factors of the growth of the Artificial Intelligence in BFSI market throughout the forecast period?
- What are the current and future market trends of the Artificial Intelligence in BFSI market?
- What are the sales and price analysis of the product by types, applications, and regions?
- What are the expected opportunities for the companies and new entrants in the coming years?
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Highlights of Table of Contents (TOC):
- Overview of Global Artificial Intelligence in BFSI Market
- Competitive analysis of the Artificial Intelligence in BFSI market
- Regional analysis of Global Artificial Intelligence in BFSI market production and revenue
- Regional analysis of Global Artificial Intelligence in BFSI market supply, consumption, and export & import
- Type-based market analysis of global Artificial Intelligence in BFSI production, revenue, and price trends
- Application-based analysis of the global Artificial Intelligence in BFSI market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Artificial Intelligence in BFSI market
- Conclusion of the research report
- Appendix
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
Look Over transcripts provided by Emergen Research
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Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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