Title: AI in Fintech Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28
1Global AI in Fintech Market Research and Forecast
Report 2023-2028
Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
2About IMARC Group
Report Description
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3Report Description and Highlights
Report Description
Global AI in Fintech Market Research Report The
latest report by IMARC, titled AI in Fintech
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028 finds
that the global AI in fintech market size reached
US 11.7 Billion in 2022. Fintech, or financial
technology, is the use of advanced technology
with financial services to automate banking and
financial services. Artificial intelligence (AI)
in the finance industry helps examine the cash,
credit, and investment accounts of the
organization. It also oversees the overall
financial health by keeping up with real-time
changes and customizing advice based on incoming
data. AI and machine learning (ML) greatly
benefit the finance industry as they help to
process a large amount of data and information
about customers. Nowadays, AI solutions in
fintech are increasingly gaining traction due to
the associated advantages of minimized cost,
increased efficiency, reduced error, and better
customer experience. It can also identify
personally identifiable information (PII) leaked
on the dark web while undertaking necessary
actions to secure the data. Request Free Sample
Report https//www.imarcgroup.com/ai-in-fintech-m
arket/requestsample
4Report Description and Highlights
Report Description
Global AI in Fintech Market Trends The market
is primarily driven by rapid advancements in
technology, which have improved the business
processes of financial service providers. The
growing internet penetration and availability of
spatial data are also fueling the market growth.
Besides this, there has been an increasing demand
for process automation among financial
organizations, which is facilitating the
evolution of cognitive process automation, where
AI systems can perform more complex processes. In
addition to this, various credit card companies
are implementing predictive analytics into their
existing fraud detection workflows to reduce
false positives, which is significantly
influencing the demand for AI in fintech.
Moreover, rapid digitization in the banking,
financial services and insurance (BFSI) industry
that helps in operating virtual assistance, debt
collection, sentiment and predictive analysis,
reporting, and customer behavior analysis
represents another major growth-inducing factor.
Furthermore, the rising utilization of smart
contracts for financial processes and the
improvements in IT infrastructure are positively
impacting the market growth. Looking forward, the
market is expected to grow at a CAGR of 25.5
during the forecast period (2023-2028). Looking
forward, the market value is projected to reach a
strong growth during the forecast period
(2023-2028).
5Report Description and Highlights
Report Description
Market Summary Breakup by Type Soluti
ons Services Breakup by Deployment Mode
l Cloud-based On-premises Br
eakup by Application Virtual Assistant
(Chatbots) Credit Scoring Quan
titative and Asset Management Fraud Dete
ction Others Breakup by Region
North America United States
6Report Description and Highlights
Report Description
Canada Asia-Pacific
China Japan
India South Korea
Australia Indo
nesia Others Europe
Germany France
United Kingdom
Italy Sp
ain Russia
Others Latin America
Brazil Mexico
Others Middle East and Africa
7Report Description and Highlights
Report Description
- Competitive Landscape with Key Players
- Amazon Web Services Inc. (Amazon.com Inc)
- Google LLC (Alphabet Inc.) Inbenta Technologies I
nc. Intel Corporation International Business Machi
nes Corporation Microsoft Corporation Salesforce.c
om Inc. Samsung Electronics Co. Ltd. TIBCO Softwar
e Inc. Trifacta Verint Systems Inc. - View Full Report with TOC List of Figure
https//www.imarcgroup.com/ai-in-fintech-market
8Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
9Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
10Report Description and Highlights
Report Description
2019 IMARC All Rights Reserved This
Publication and all its contents unless
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of International Market Analysis Research and
Consulting (IMARC). No part of this publication
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Market Analysis Research and Consulting
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