The Global Artificial Intelligence (AI) in BFSI Market Report 2019 aims to deliver an explicit evaluation of the market. The report offers sweeping insights extracted by thoroughly analyzing historical and current developments in the market. It also provides par excellence futuristic estimations for various vital factors including Artificial Intelligence (AI) in BFSI market size, share, net profit, sales, revenue, and growth rate.
The market competition by top manufacturers/players, with sales volume, price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player
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.In 2018, the global Artificial Intelligence (AI) in BFSI market size was 2500 million US$ and it is expected to reach 19800 million US$ by the end of 2025, with a CAGR of 29.6% between 2019 and 2025.
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Some of the most prominent Key Vendors: Google, Microsoft Corporation, Amazon Web Services Inc, IBM Corporation, Avaamo Inc, Baidu Inc, Cape Analytics LLC, Oracle Corporation
Regions covered in the market report: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The report covers the market study and projection of Artificial Intelligence (AI) in BFSI market on a territorial along with worldwide point . The report establishes subjective and quantitative valuation by industry examiners, direct information, help from industry specialists alongside their latest verbatim and every industry producers through the market value chain. The examination specialists have also evaluated the by and large sales and income creation of this specific market. Moreover, this report additionally conveys broad examination of basic market drift, many key essentials while overseeing macro-economic indicators, combined with market enhancements according to each section.
Key questions answered in this report
• What will the market size be in 2025 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to Artificial Intelligence (AI) in BFSI market growth?
• Who are the key vendors in this market space?
• What are the Artificial Intelligence (AI) in BFSI market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Applications Segment Analysis: Banking, Insurance, Wealth management
Product Segment Analysis: Machine Learning (ML), Natural Language processing (NLP), Predictive Analytics, Machine Vision
Reasons to Purchase this Report
• Analyzing outlook of the Artificial Intelligence (AI) in BFSI market with the recent trends and Porter’s five forces analysis
• Market dynamics which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis, including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the Artificial Intelligence (AI) in BFSI market
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information,
Our experts and analysts evaluate the vendors in the Artificial Intelligence (AI) in BFSI market and provide understandings to articulate current and future market trends, innovation, customer expectations and competitive forces. The overviews, SWOT analysis and strategies of each vendor in the market provide understanding about the Artificial Intelligence (AI) in BFSI market forces and how those can be oppressed to create future opportunities.