The Artificial Intelligence in BFSI Market report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.

AI deployment is witnessing a surge in demand due to change in customer expectation during and after the COVID-19 pandemic. During the first few months of the pandemic, usage of online and mobile banking channels across various industries increased significantly and is expected to keep growing in future. Implementation of social distancing norms has reduced physical visits to banks, customers are increasingly using digital banking, and their expectations are changing due to premium services provided by some banks. Artificial Intelligence helps in understanding the need of users and suggests services tailor-made for them.

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Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

Key companies profiled in the report include:

Amazon Web Services (AWS), Inc., Google LLC, CognitiveScale, Inc., Descartes Labs, Inc., Avaamo, Inc., Intel Corporation, Baidu, Inc., SAP SE, Microsoft Corporation, and Oracle Corporation.

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The report further divides the Artificial Intelligence in BFSI market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Artificial Intelligence in BFSI market.

Artificial Intelligence in BFSI Market Segmentation

Emergen Research has segmented the global Artificial Intelligence in BFSI market on the basis of offering, solution, technology, application, and region:

Offering Component Outlook (Revenue, USD Million; 2018–2028)

  • Software
  • Services
  • Hardware

Solution Outlook (Revenue, USD Million; 2018–2028)

  • Fraud Detection & Prevention
  • Customer Relationship Management
  • Chabot
  • Anti-money Laundering
  • Data Analytics & Prediction
  • Others

Technology Outlook (Revenue, USD Million; 2018–2028)

  • Machine Learning
  • Context Aware Processing
  • Natural Language Processing (NLP)
  • Deep Learning
  • Others

Application Outlook (Revenue, USD Million; 2018–2028)

  • Risk Management
  • Financial Advisory
  • Compliance & Security
  • Back Office / Operation Customer Service

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Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Artificial Intelligence in BFSI market?

What are the key product types and applications of the Artificial Intelligence in BFSI industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Artificial Intelligence in BFSI market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Artificial Intelligence in BFSI Market by 2027?

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