Global Artificial Intelligence (AI) in Fintech Market Growth (Status and Outlook) 2024-2030
According to this study, the global Artificial Intelligence (AI) in Fintech market size will reach US$ 45460 million by 2030.
As FinTech applies data and technology to financial services in an effort to address industry challenges, artificial intelligence is essential to FinTech’s existence and usage.
There are various market drivers for artificial intelligence (AI) in the financial technology (Fintech) sector, which are driving financial institutions to adopt AI technology to improve efficiency, reduce risks and provide better services. Here are some of the key market drivers:
Data analysis and decision support: Financial institutions are faced with massive amounts of data, and AI can analyze this data and provide more accurate decision support. This helps predict market trends, identify risks, formulate investment strategies, and more.
Automation and efficiency improvements: AI can be used to automate financial processes such as loan approval, customer service, fraud detection, settlement and settlement, etc. This reduces labor costs, speeds up transaction processing, and reduces errors.
Personalized financial services: AI can provide personalized financial services and recommendations based on customer needs and preferences. This increases customer satisfaction and aids in customer retention.
Risk management: AI technology can be used to monitor market risk, credit risk and operational risk in real time. This enables financial institutions to better manage risks and take timely measures.
Anti-fraud: AI can be used to detect financial fraud and illegal activity. By analyzing transaction patterns and behavior, potential fraud can be identified.
Digital payment and virtual currency: Fintech companies are promoting the development of digital payment and virtual currency. The application of AI technology in these fields can provide more secure, efficient and convenient payment methods.
These factors co-prosper
This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Intelligence (AI) in Fintech market by product type, application, key players and key regions and countries.
Segmentation by product type:
Hardware
Software
Services
Segmentation by Application:
Customer Service
Credit Scores
Insurance Support
Financial Market Prediction
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:
Autodesk
IBM
Microsoft
Oracle
SAP
Fanuc
NVIDIA
AWS
Intel
Yusys Technologies
JD
Baidu
Alibaba
Huawei
ByteDance
Please note: The report will take approximately 2 business days to prepare and deliver.