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Artificial Intelligence in BFSI market set to register 28.7% CAGR during 2018-2023 just published

3D Technology

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.

Global Artificial Intelligence in BFSI Market 2018 by Manufacturers Countries Type and Application Forecast to 2023

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 global Artificial Intelligence (AI) in BFSI market is valued at 2500 million USD in 2017 and is expected to reach 11300 million USD by the end of 2023, growing at a CAGR of 28.7% between 2017 and 2023.

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Companies Profiled in this report includes: Google Inc., Microsoft Corporation, Amazon Web Services Inc., IBM Corporation, Avaamo Inc, Baidu Inc, Cape Analytics LLC, Oracle Corporation

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Artificial Intelligence (AI) in BFSI.

This report studies the Artificial Intelligence (AI) in BFSI market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Artificial Intelligence (AI) in BFSI market by product type and applications/end industries.

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Table of Content:

1 Artificial Intelligence (AI) in BFSI Market Overview

2 Manufacturers Profiles

2.1 Google Inc.

2.1.1 Business Overview

2.1.2 Artificial Intelligence (AI) in BFSI Type and Applications

2.1.2.1 Product A

2.1.2.2 Product B

2.1.3 Google Inc. Artificial Intelligence (AI) in BFSI Revenue, Gross Margin and Market Share (2016-2017)

2.2 Microsoft Corporation

2.2.1 Business Overview

2.2.2 Artificial Intelligence (AI) in BFSI Type and Applications

2.2.2.1 Product A

2.2.2.2 Product B

2.2.3 Microsoft Corporation Artificial Intelligence (AI) in BFSI Revenue, Gross Margin and Market Share (2016-2017)

2.3 Amazon Web Services Inc

2.3.1 Business Overview

2.3.2 Artificial Intelligence (AI) in BFSI Type and Applications

2.3.2.1 Product A

2.3.2.2 Product B

2.3.3 Amazon Web Services Inc Artificial Intelligence (AI) in BFSI Revenue, Gross Margin and Market Share (2016-2017)

2.4 IBM Corporation

3 Global Artificial Intelligence (AI) in BFSI Market Competition, by Players

4 Global Artificial Intelligence (AI) in BFSI Market Size by Regions

5 North America Artificial Intelligence (AI) in BFSI Revenue by Countries

6 Europe Artificial Intelligence (AI) in BFSI Revenue by Countries

7 Asia-Pacific Artificial Intelligence (AI) in BFSI Revenue by Countries

8 South America Artificial Intelligence (AI) in BFSI Revenue by Countries

9 Middle East and Africa Revenue Artificial Intelligence (AI) in BFSI by Countries

10 Global Artificial Intelligence (AI) in BFSI Market Segment by Type

11 Global Artificial Intelligence (AI) in BFSI Market Segment by Application

12 Global Artificial Intelligence (AI) in BFSI Market Size Forecast (2018-2023)

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