The size of the worldwide artificial intelligence in fintech market was estimated at US$ 10.1 billion in 2021 and is predicted to increase by 16.4% year over year to US$ 11.76 billion in 2022.
The size of the worldwide artificial intelligence in the fintech market was estimated at US$ 10.1 billion in 2021 and is predicted to increase by 16.4% year over year to US$ 11.76 billion in 2022. Demand is anticipated to increase from 2022 to 2032 at a compound annual growth rate (CAGR) of 16.5%, reaching US$ 54 billion.
With a 16% CAGR from 2017 to 2021, the market grew strongly. Another important aspect contributing to the industry's growth during the assessment period is the growing application in the business analytics and reporting segment. The managed service is expected to expand swiftly due to its assistance in managing AI-enabled finance apps. Fintech startups are utilizing AI to offer the expert offerings anticipated to propel the segment's growth.
Request a Sample of This Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14959
On the other hand, the market's progress is anticipated to be significantly hampered by the growing instances of private information leakage and debit card cloning. Another obstacle preventing the industry's growth in the future is the correct integration and analysis of a vast amount of data, which further complicates the process.
Key Takeaways from the Market Study
“The global AI in Fintech market is expected to show a remarkable growth in the forecast period owing to the increasing emphasis on customer’s account safety against cyber and banking frauds,” says an FMI analyst.
Ask an Analyst @
https://www.futuremarketinsights.com/ask-question/rep-gb-14959
Key Segments Covered In The AI In Fintech Industry Survey
AI in Fintech Market by Components:
AI in Fintech Market by Deployment:
AI in Fintech Market by Application:
AI in Fintech Market by Region:
Request for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-14959
Competitive Landscape
Key players in the global AI in the Fintech market include Microsoft, Google LLC, Salesforce, Inc., International Business Machines Corp., Amelia U.S. LLC, Nuance Communications, Inc., ComplyAdvantage.com, Narrative Science, Affirm, Inc., Upstart Network, Inc., Instructure, Inc., Intel, Inbenta Technologies, Amazon Web Services, Oracle, among others. Some of the recent key developments among the players are:
More Valuable Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the global AI in the Fintech market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights based on component (solutions, services), deployment (cloud and on-premise and, application (virtual assistant, business analytics and reporting, customer behavioral analytics, fraud detection, quantitative and asset management and others) across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
AI In Fintech Market review , outlook , forecast , demand , size , share , key trends , analysis , Research , overview
Jun 08, 2023
Latest News