The Artificial Intelligence (AI) Market in the BFSI Segment registered a growth of $32.97 Billion between 2021 and 2026; Big opportunities with Alphabet Inc. and Amazon.com Inc. – Technavio


New YorkAnd the 4 October 2022 /PRNewswire/ – file artificial intelligence market Volume is set to grow in the BFSI segment $32.97 billion Between 2021 and 2026, at a compound annual growth rate of 36.68%. According to Technavio, the market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Since the market growth over the next five years is expected to remain high, the competitive rivalry among market vendors will remain limited. To learn more about the nature of sellers Read sample PDF report before purchasing.

Technavio announced its latest market research report titled Global Artificial Intelligence (AI) Market in BFSI Segment 2022-2026

Technavio announced its latest market research report titled Global Artificial Intelligence (AI) Market in BFSI Segment 2022-2026

The report identifies Alphabet Inc. and Amazon.com Inc. Amelia US LLC, Baidu Inc, Glia Technologies Inc, Inbenta Technologies Inc. and Intel Corp. and International Business Machines Corp. and Lexalytics Inc. and Microsoft Corp. and NVIDIA Corp. and Oracle Corp. and Palantir Technologies Inc. and Salesforce Inc. and ServiceNow Inc. Verint Systems Inc, ZestFinance Inc and SAP SE are some of the major market participants. Although improved operational efficiencies with AI will provide massive growth opportunities, the need for high data quality will challenge the growth of market participants. To make the most of opportunities, market vendors should focus more on growth prospects in fast-growing sectors, while maintaining their positions in slow-growing sectors.

Artificial Intelligence (AI) Market in BFSI Segment 2022-2026: Segmentation

The Artificial Intelligence (AI) market in the BFSI segment is segmented as follows:

The growth of artificial intelligence (AI) market share in the BFSI segment by the banking sector will be significant during the forecast period. The use of cognitive technology, along with artificial intelligence, helps banks take advantage of digitization and maintain competition with FinTech players. Artificial intelligence technologies are revolutionizing banking operations and the relationship between banks and customers. AI is expected to shape the future of the banking sector as it provides the power of advanced data analytics to fight fraudulent transactions and improve compliance, all in a matter of seconds.

48% of the market growth will come from North Amarica during the forecast period. Early adoption and increased investments in AI technologies by players such as IBM, Google, Microsoft and AWS in the region will facilitate the growth of the artificial intelligence (AI) market in the BFSI sector in the region. North Amarica during the forecast period. This market research report entails detailed information on competitive information, marketing gaps, and regional in-store opportunities for sellers, which will help in creating effective business plans. Our Artificial Intelligence (ai) Market Report in the BFSI Segment Covers the Following Areas:

Artificial Intelligence (AI) Market in BFSI Segment 2022-2026: Vendor Analysis

We provide a detailed analysis of about 25 vendors operating in the Artificial Intelligence (AI) market in the BFSI segment, including some such vendors as supported by competitive intelligence and benchmarks, and our research reports on the Artificial Intelligence (AI) market in the BFSI segment are designed to provide entry support and a profile Customers, M&A, as well as supporting the go-to-market strategy.

Artificial Intelligence (AI) Market in BFSI Segment 2022-2026: Key Points

  • The compound annual growth rate of the market during the forecast period 2022-2026

  • Detailed information on the factors that will help the Artificial Intelligence (AI) market in the growth of the BFSI segment over the next five years

  • Artificial Intelligence (AI) Market Estimated BFSI Segment Size and Contribution to the Parent Market

  • Forecasting upcoming trends and changes in consumer behavior

  • The growth of the artificial intelligence (AI) market in the BFSI segment

  • Analysis of the competitive landscape of the market and detailed information of the vendors

  • A comprehensive breakdown of the factors that will challenge the growth of the Artificial Intelligence (AI) market in BFSI segment vendors.

Related reports:

Artificial Intelligence (AI) Market Segment By BFSI

Report coverage

details

page number

120

base year

2021

prediction period

2022-2026

Growth Momentum and CAGR

Acceleration at a compound annual growth rate of 36.68%

Market growth 2022-2026

$32.97 billion

Market Structure, Market Structure

fragmented

Annual Growth (%)

33.99

Regional Analysis

North America, Asia Pacific, Europe, Middle East, Africa and South America

Market share performance

North America 48%

Main consuming countries

The United States, Canada, China, Japan and the United Kingdom

Competitive scene

Leading companies, competitive strategies and scope of consumer engagement

Company Profile

Alphabet Inc and Amazon.com Inc. Amelia US LLC, Baidu Inc, Glia Technologies Inc, Inbenta Technologies Inc. and Intel Corp. and International Business Machines Corp. and Lexalytics Inc. and Microsoft Corp. and NVIDIA Corp. and Oracle Corp. and Palantir Technologies Inc. and Salesforce Inc. and ServiceNow Inc. Verint Systems Inc, ZestFinance Inc, SAP SE

market dynamics

Key market analysis, market growth drivers and obstacles, analysis of fast-growing and slow-growing segments, COVID-19 impact and future consumer dynamics, market status analysis for the forecast period.

field of customization

If our report doesn’t include the data you’re looking for, you can access our analysts and customize the segments.

table of contents :

1. Executive Summary

2 market view

3 market sizing

4 Five forces analysis

5 Market segmentation by end user

6 customer perspective

7 Geographical scene

8 Drivers, Challenges and Trends

9 landscape seller

10 Vendor Analysis

Appendix 11

information about us

Technavio is a global leader in technology research and consulting. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With over 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning across 50 countries. Their client base consists of organizations of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in current and potential markets and to assess their competitive positions in changing market scenarios. .

Contact

Technavio Research
Jesse Maeda
Marketing and Media Executive
United States: +1844364 1100
United Kingdom: +44 203893 3200
Email: media@technavio.com
website: www.technavio.com/

Global Artificial Intelligence (AI) Market in BFSI Segment 2022-2026

Global Artificial Intelligence (AI) Market in BFSI Segment 2022-2026

Cision

Cision

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Source Technavio


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