AI in BFSI Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global AI in BFSI market is expected to grow at a CAGR of around 27.9% during 2025-2034. This report on global AI in BFSI market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global AI in BFSI market by segmenting the market based on component, application, end use and region. Also, detailed profiles of companies operating in the AI in BFSI market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Growing Utilization of AI to Increase Efficiency
• Increasing Cloud-based Solutions
Market Challenges
• Need for High Quality Data
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Component
• Solution
Chatbots
Fraud Detection and Prevention
Anti-Money Laundering
Customer Relationship Management
Data Analytics and Prediction
Others
• Services
Market by Application
• Front Line
• Mid Office
• Back Office
Market by End-Use
• Bank
• Insurance
• Wealth Management
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global AI in BFSI Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global AI in BFSI Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Product
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global AI in BFSI Market by Component
- 5.1. Introduction
- 5.2. Solution
- 5.2.1. Chatbots
- 5.2.2. Fraud Detection and Prevention
- 5.2.3. Anti-Money Laundering
- 5.2.4. Customer Relationship Management
- 5.2.5. Data Analytics and Prediction
- 5.2.6. Others
- 5.3. Services
- 6. Global AI in BFSI Market by Application
- 6.1. Introduction
- 6.2. Front Line
- 6.3. Mid Office
- 6.4. Back Office
- 7. Global AI in BFSI Market by End-Use
- 7.1. Introduction
- 7.2. Bank
- 7.3. Insurance
- 7.4. Wealth Management
- 8. Global AI in BFSI Market by Region
- 8.1. Introduction
- 8.2. Europe
- 8.2.1. Germany
- 8.2.2. United Kingdom
- 8.2.3. France
- 8.2.4. Italy
- 8.2.5. Spain
- 8.2.6. Russia
- 8.2.7. Netherlands
- 8.2.8. Rest of the Europe
- 8.3. North America
- 8.3.1. United States
- 8.3.2. Canada
- 8.4. Asia Pacific
- 8.4.1. China
- 8.4.2. Japan
- 8.4.3. India
- 8.4.4. South Korea
- 8.4.5. Australia
- 8.4.6. Indonesia
- 8.4.7. Rest of the Asia Pacific
- 8.5. Latin America
- 8.5.1. Mexico
- 8.5.2. Brazil
- 8.5.3. Argentina
- 8.5.4. Rest of Latin America
- 8.6. Middle East & Africa
- 8.6.1. Saudi Arabia
- 8.6.2. Turkey
- 8.6.3. Iran
- 8.6.4. United Arab Emirates
- 8.6.5. Rest of Middle East & Africa
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Company Profiles
- 12.2.1. Amazon Web Services (AWS), Inc.
- 12.2.2. Avaamo Inc.
- 12.2.3. Baidu, Inc
- 12.2.4. CognitiveScale Inc.
- 12.2.5. Google LLC
- 12.2.6. Inbenta Holdings Inc.
- 12.2.7. Intel Corporation
- 12.2.8. International Business Machines Corporation
- 12.2.9. Microsoft Corporation
- 12.2.10. NVIDIA Corporation
- 12.2.11. Oracle Corporation
- 12.2.12. Palantir Technologies Inc.
- 12.2.13. Salesforce.com
- 12.2.14. SAP SE
- 12.2.15. SAS Institute Inc.
- List of Figures
- Figure 1: Global AI in BFSI Market (in US$ Million), 2020-2024
- Figure 2: Global AI in BFSI Market by Component, 2024
- Figure 3: Global AI in BFSI Market by Application, 2024
- Figure 4: Global AI in BFSI Market by End-Use, 2024
- Figure 5: Global AI in BFSI Market by Region, 2024
- Figure 6: Global AI in BFSI Market (in US$ Million), 2025-2034
- Figure 7: Global AI in BFSI Market by Component (in %), 2024 & 2034
- Figure 8: Global Solution AI in BFSI Market (in US$ Million), 2020-2024
- Figure 9: Global Solution AI in BFSI Market (in US$ Million), 2025-2034
- Figure 10: Chatbots Solution AI in BFSI Market (in US$ Million), 2020-2034
- Figure 11: Fraud Detection and Prevention Solution AI in BFSI Market (in US$ Million), 2020-2034
- Figure 12: Anti-Money Laundering Solution AI in BFSI Market (in US$ Million), 2020-2034
- Figure 13: Customer Relationship Management Solution AI in BFSI Market (in US$ Million), 2020-2034
- Figure 14: Data Analytics and Prediction Solution AI in BFSI Market (in US$ Million), 2020-2034
- Figure 15: Other Solution AI in BFSI Market (in US$ Million), 2020-2034
- Figure 16: Global Services AI in BFSI Market (in US$ Million), 2020-2024
- Figure 17: Global Services AI in BFSI Market (in US$ Million), 2025-2034
- Figure 18: Global AI in BFSI Market by Application (in %), 2024 & 2034
- Figure 19: Global Front Line AI in BFSI Market (in US$ Million), 2020-2024
- Figure 20: Global Front Line AI in BFSI Market (in US$ Million), 2025-2034
- Figure 21: Global Mid Office AI in BFSI Market (in US$ Million), 2020-2024
- Figure 22: Global Mid Office AI in BFSI Market (in US$ Million), 2025-2034
- Figure 23: Global Back Office AI in BFSI Market (in US$ Million), 2020-2024
- Figure 24: Global Back Office AI in BFSI Market (in US$ Million), 2025-2034
- Figure 25: Global AI in BFSI Market by End-Use (in %), 2024 & 2034
- Figure 26: Global Bank AI in BFSI Market (in US$ Million), 2020-2024
- Figure 27: Global Bank AI in BFSI Market (in US$ Million), 2025-2034
- Figure 28: Global Insurance AI in BFSI Market (in US$ Million), 2020-2024
- Figure 29: Global Insurance AI in BFSI Market (in US$ Million), 2025-2034
- Figure 30: Global Wealth Management AI in BFSI Market (in US$ Million), 2020-2024
- Figure 31: Global Wealth Management AI in BFSI Market (in US$ Million), 2025-2034
- Figure 32: Global AI in BFSI Market by Region (in %), 2024 & 2034
- Figure 33: Europe AI in BFSI Market (in US$ Million), 2020-2024
- Figure 34: Europe AI in BFSI Market (in US$ Million), 2025-2034
- Figure 35: Europe AI in BFSI Market by Country (in %), 2024 & 2034
- Figure 36: Germany AI in BFSI Market (in US$ Million), 2020-2034
- Figure 37: United Kingdom AI in BFSI Market (in US$ Million), 2020-2034
- Figure 38: France AI in BFSI Market (in US$ Million), 2020-2034
- Figure 39: Italy AI in BFSI Market (in US$ Million), 2020-2034
- Figure 40: Spain AI in BFSI Market (in US$ Million), 2020-2034
- Figure 41: Russia AI in BFSI Market (in US$ Million), 2020-2034
- Figure 42: Netherlands AI in BFSI Market (in US$ Million), 2020-2034
- Figure 43: North America AI in BFSI Market (in US$ Million), 2020-2024
- Figure 44: North America AI in BFSI Market (in US$ Million), 2025-2034
- Figure 45: North America AI in BFSI Market by Country (in %), 2024 & 2034
- Figure 46: United States AI in BFSI Market (in US$ Million), 2020-2034
- Figure 47: Canada AI in BFSI Market (in US$ Million), 2020-2034
- Figure 48: Asia Pacific AI in BFSI Market (in US$ Million), 2020-2024
- Figure 49: Asia Pacific AI in BFSI Market (in US$ Million), 2025-2034
- Figure 50: Asia Pacific AI in BFSI Market by Country (in %), 2024 & 2034
- Figure 51: China AI in BFSI Market (in US$ Million), 2020-2034
- Figure 52: Japan AI in BFSI Market (in US$ Million), 2020-2034
- Figure 53: India AI in BFSI Market (in US$ Million), 2020-2034
- Figure 54: South Korea AI in BFSI Market (in US$ Million), 2020-2034
- Figure 55: Australia AI in BFSI Market (in US$ Million), 2020-2034
- Figure 56: Indonesia AI in BFSI Market (in US$ Million), 2020-2034
- Figure 57: Latin America AI in BFSI Market (in US$ Million), 2020-2024
- Figure 58: Latin America AI in BFSI Market (in US$ Million), 2025-2034
- Figure 59: Latin America AI in BFSI Market by Country (in %), 2024 & 2034
- Figure 60: Mexico AI in BFSI Market (in US$ Million), 2020-2034
- Figure 61: Brazil AI in BFSI Market (in US$ Million), 2020-2034
- Figure 62: Argentina AI in BFSI Market (in US$ Million), 2020-2034
- Figure 63: Middle East & Africa AI in BFSI Market (in US$ Million), 2020-2024
- Figure 64: Middle East & Africa AI in BFSI Market (in US$ Million), 2025-2034
- Figure 65: Middle East & Africa AI in BFSI Market by Country (in %), 2024 & 2034
- Figure 66: Saudi Arabia AI in BFSI Market (in US$ Million), 2020-2034
- Figure 67: Turkey AI in BFSI Market (in US$ Million), 2020-2034
- Figure 68: Iran AI in BFSI Market (in US$ Million), 2020-2034
- Figure 69: UAE AI in BFSI Market (in US$ Million), 2020-2034
- Figure 70: Market Value Chain
- List of Tables
- Table 1: Global AI in BFSI Market Portraiture
- Table 2: Global AI in BFSI Market by Component (in US$ Million), 2024 & 2034
- Table 3: Solution AI in BFSI Market by Component (in US$ Million), 2024 & 2034
- Table 4: Global AI in BFSI Market by Application (in US$ Million), 2024 & 2034
- Table 5: Global AI in BFSI Market by End-Use (in US$ Million), 2024 & 2034
- Table 6: Global AI in BFSI Market by Region (in US$ Million), 2024 & 2034
- Table 7: Europe AI in BFSI Market by Country (in US$ Million), 2024 & 2034
- Table 8: North America AI in BFSI Market by Country (in US$ Million), 2024 & 2034
- Table 9: Asia Pacific AI in BFSI Market by Country (in US$ Million), 2024 & 2034
- Table 10: Latin America AI in BFSI Market by Country (in US$ Million), 2024 & 2034
- Table 11: Middle East & Africa AI in BFSI Market by Country (in US$ Million),
- 2024 & 2034
- Table 12: List of Key Players
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