The global AI in BFSI market is expected to grow at a CAGR of around 29.9% during 2024-2033. 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: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Component
• Solution
o Chatbots
o Fraud Detection and Prevention
o Anti-Money Laundering
o Customer Relationship Management
o Data Analytics and Prediction
o Others
• Services
Market by Application
• Front Line
• Mid Office
• Back Office
Market by End-Use
• Bank
• Insurance
• Wealth Management
Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa