Global Artificial Intelligence (AI) in BFSI Market Growth (Status and Outlook) 2024-2030

Global Artificial Intelligence (AI) in BFSI Market Growth (Status and Outlook) 2024-2030

According to this study, the global Artificial Intelligence (AI) in BFSI market size will reach US$ 5009.4 million by 2030.

Artificial Intelligence (AI) is fast evolving as the go-to technology for companies across the world to personalise experience for individuals. The rudimentary applications AI include bring smarter chat-bots for customer service, personalising services for individuals, and even placing an AI robot for self-service at banks. Beyond these basic applications, banks can implement the technology for bringing in more efficiency to their back-office and even reduce fraud and security risks.

Artificial intelligence (AI) in banking, financial services and insurance (BFSI) is projected to grow significantly in the coming years. Positive rise of AI-based application in BFSI such as customer support, fraud detection, and improving employee efficiency, buoyed the AI in BFSI market.

This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Intelligence (AI) in BFSI market by product type, application, key players and key regions and countries.

Segmentation by product type:
Machine Learning (ML)
Natural Language processing (NLP)
Predictive Analytics
Machine Vision

Segmentation by Application:
Banking
Insurance
Wealth management

This report also splits the market by region:
United States
China
Europe
Other regions:
Japan
South Korea
Southeast Asia
Rest of world

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Google
Microsoft Corporation
Amazon Web Services Inc
IBM Corporation
Avaamo Inc
Baidu Inc
Cape Analytics LLC
Oracle Corporation

Please note: The report will take approximately 2 business days to prepare and deliver.