New York, Oct. 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Artificial Intelligence (AI) Market in BFSI Sector 2022-2026” – https://www.reportlinker.com/p06325353 /?utm_source= GNW
97 bn during 2022-2026, accelerating at a CAGR of 36.68% during the forecast period. Our report on the artificial intelligence (AI) market in the BFSI sector provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering with nearly 25 vendors.
The report offers an up-to-date analysis of the current global market situation, the latest trends and drivers, and the overall market environment. The market is driven by improved operational efficiency with AI, a push towards autonomous banking, and an increase in fraud detection compliance detection.
The artificial intelligence (AI) market in BFSI sector analysis includes end-user segment and geographic landscape.
The artificial intelligence (AI) market in the BFSI sector is segmented below:
By the End-user
• Banking
• Investment and security management
• Insurance
Through the Geographical Landscape
• North America
• APAC
• Europe
• Middle East and Africa
• South America
This study identifies the rise of cloud-based solutions as one of the key reasons driving the artificial intelligence (AI) market in the growth of the BFSI sector in the coming years. Also, growing focus on personalized experience and increasing popularity of open banking will lead to huge demand in the market.
The analyst presents a detailed picture of the market by means of the study, synthesis, and summarization of data from many sources by analyzing the main parameters. Our report on the artificial intelligence (AI) market in the BFSI sector covers the following areas:
• Artificial intelligence (AI) market sizing
• Artificial intelligence (AI) market forecast
• Artificial Intelligence (AI) market industry analysis.
This robust vendor analysis is designed to help clients improve their market position, and accordingly, this report provides a detailed analysis of some of the market’s leading artificial intelligence (AI) vendors. BFSI sector which includes Alphabet Inc., Amazon.com Inc. , Amelia US LLC, Baidu Inc, Glia Technologies Inc, Inbenta Technologies Inc., Intel Corp., International Business Machines Corp., Lexalytics Inc., Microsoft Corp., NVIDIA Corp., Oracle Corp., Palantir Technologies Inc., Salesforce Inc . ., ServiceNow Inc., Verint Systems Inc, ZestFinance Inc, and SAP SE. Also, the artificial intelligence (AI) market by BFSI sector analysis report includes information on upcoming trends and challenges that will influence the growth of the market. This is to help companies strategize and utilize all upcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key industry participants. The report contains a comprehensive market and vendor landscape in addition to an analysis of key vendors.
The analyst presents a detailed picture of the market by means of studying, synthesizing, and summarizing data from multiple sources by analyzing key parameters such as revenue, pricing, competition, and promotions. It presents different facets of the market by identifying key influencers in the industry. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to accurately predict market growth.
Read the full report: https://www.reportlinker.com/p06325353/?utm_source=GNW
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