The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 30 major countries.
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.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Artificial Intelligence (AI) in BFSI by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Artificial Intelligence (AI) in BFSI market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
First, this report covers the present status and the future prospects of the global Artificial Intelligence (AI) in BFSI market for 2015-2027.
Key Companies
Google Inc.
Microsoft Corporation
Amazon Web Services Inc
IBM Corporation
Avaamo Inc
Baidu Inc
Cape Analytics LLC
Oracle Corporation
At the same time, we classify Artificial Intelligence (AI) in BFSI according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Machine Learning (ML)
Natural Language processing (NLP)
Predictive Analytics
Machine Vision
Market by Application
Banking
Insurance
Wealth management
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Artificial Intelligence (AI) in BFSI market for the forecast period 2021 - 2027?
• What are the driving forces in the Artificial Intelligence (AI) in BFSI market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Artificial Intelligence (AI) in BFSI industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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