Artificial Intelligence in Fintech Market: Global Analysis and Growth Forecast to 2027
Report Scope:
The scope of the report includes the global market of commercially deployed AI solutions and services in the financial industry.
AI-based products that are in the pilot phase or are live for demonstration purposes have not been considered in the calculation of the overall market size.
The market size includes the market for AI in terms of fintech components, deployment, application and organization size.
The final market estimates and forecasts from industry experts are also aligned with the size of the global market in the report.
AI-based software, solutions and services are not considered in the report.
Report Includes:
47 data tables and 24 additional tables
A comprehensive overview and up-to-date analysis of the current and future global markets for artificial intelligence (AI) in the financial services industry
Analyses of the global market trends, with market revenue data for 2021, estimates for 2022, 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
Global market outlook and estimation of the actual market size for AI in Fintech, revenue forecast, and corresponding market share analysis based on component, deployment, application, and region
Assessment of the key growth driving factors and constraints that will shape the market for AI in financial services, as the basis for projecting demand over the next five years (2022-2027)
Identification of the companies best positioned to meet this demand owing to or in conjunction with their proprietary technologies, product launches, M&A deals, and other market strategic advantages
Coverage of the technological, economic, and business considerations of the AI in Fintech market, with analyses and growth forecasts through 2027
Analysis of the vendor landscape and the global company share analysis of the companies based on their segmental revenues
Descriptive company profiles of the leading global players, including Affirm Inc., IBM Corp., Microsoft Corp. and Salesforce.com Inc.
Companies Mentioned
Active.Ai
AFFIRM INC.
ALPHABET INC.
Amelia US LLC
BETTERMENT
ComplyAdvantage
Dataminr
IBM CORP.
INTEL CORP.
MICROSOFT CORP.
NUANCE COMMUNICATIONS INC.
Onfido
RIPPLE
SALESFORCE.COM INC.
Sift
TIBCO SOFTWARE INC.
UPSTART NETWORK INC.
VERINT SYSTEMS INC.
Wealthfront Corp.
- Chapter 1 Introduction
- 1.1 Study Goals and Objectives
- 1.2 Reasons for Doing the Study
- 1.3 Scope of Report
- 1.4 Intended Audience
- 1.5 Information Sources
- 1.6 Research Methodology
- 1.7 Geographic Breakdown
- 1.8 Analyst's Credentials
- 1.9 BCC Custom Research
- 1.10 Related BCC Research Reports
- Chapter 2 Executive Summary and Highlights
- Chapter 3 Industry Outlook
- 3.1 Market Overview
- 3.2 Value Chain Analysis
- 3.2.1 Front Line
- 3.2.2 Front Office
- 3.2.3 Back Office
- 3.3 PEST Analysis
- 3.4 Porter's Five Forces Analysis
- 3.4.1 Bargaining Power of Buyers
- 3.4.2 Bargaining Power of Suppliers
- 3.4.3 Threat from Substitutes
- 3.4.4 Threat from New Entrants
- 3.4.5 Competitive Rivalry
- 3.5 AI in Fintech Market—Use Cases
- 3.6 Major Investments in Fintech Companies
- 3.6.1 Investments and Fundings in Fintech
- 3.6.2 Top Fintech Investments Across Regions in 2021 Q3 and Q4
- 3.7 Regulatory Landscape
- 3.7.1 Requirement of Specific Regulatory Lens by AI/ML
- 3.7.2 Emergence of Common Themes by Regulators
- 3.7.3 Future Expectations
- 3.8 Assessment of COVID-19's Market Impact
- Chapter 4 Market Dynamics
- 4.1 Market Drivers
- 4.1.1 Safeguarding Customer Accounts Against Cyber Attacks and Banking Fraud
- 4.1.2 Increasing Digitization of the BFSI Industry
- 4.1.3 Demand for RPA in Financial Institutions
- 4.2 Market Challenges
- 4.2.1 Data Confidentiality and Privacy Concerns
- 4.2.2 Need for Skilled Workforce to Deploy AI in Fintech
- 4.2.3 Increasing Competition in the Finance Sector
- 4.3 Market Opportunities
- 4.3.1 Increasing Mobile Workforce
- 4.3.2 Increasing Use of AI-Enabled Solutions in the Capital Market
- Chapter 5 Market Breakdown by Component
- 5.1 Overview
- 5.2 Solutions
- 5.2.1 Software Tools
- 5.2.2 Data Visualization
- 5.2.3 Data Governance and Data Quality
- 5.3 Services
- 5.3.1 Managed Services
- 5.3.2 Professional Services
- Chapter 6 Market Breakdown by Deployment
- 6.1 Overview
- 6.2 Cloud
- 6.3 On-premise
- Chapter 7 Market Breakdown by Application
- 7.1 Overview
- 7.2 Virtual Assistant
- 7.3 Business Analytics and Reporting
- 7.4 Customer Behavioral Analytics
- 7.5 Fraud Detection
- 7.6 Quantitative and Asset Management
- 7.7 Other Applications
- 7.7.1 Credit Scoring
- 7.7.2 Chatbots
- 7.7.3 Predictive Analytics
- Chapter 8 Market Breakdown by Region
- 8.1 Overview
- 8.2 North America
- 8.3 Europe
- 8.4 Asia-Pacific
- 8.5 Latin America
- 8.6 Middle East and Africa
- Chapter 9 Competitive Landscape
- 9.1 Vendor Landscape
- 9.2 Market Ranking Analysis
- 9.3 Competitive Scenario
- Chapter 10 Company Profiles
- AFFIRM INC.
- ALPHABET INC.
- AMELIA US LLC
- COMPLYADVANTAGE
- IBM CORP.
- INTEL CORP.
- MICROSOFT CORP.
- ONFIDO
- SALESFORCE.COM INC.
- UPSTART NETWORK INC.
- VERINT SYSTEMS INC.
- Other Notable Vendors
- ACTIVE.AI
- BETTERMENT
- DATAMINR
- NUANCE COMMUNICATIONS INC.
- RIPPLE
- SIFT
- TIBCO SOFTWARE INC.
- WEALTHFRONT CORP.
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