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Dallas–Fort Worth, TX Press Releases
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(Dallas.CityRegions.Com, January 05, 2019 ) Global Artificial Intelligence (AI) in BFSI Market 2019-2023: 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. 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.
According to this study, over the next five years the Artificial Intelligence (AI) in BFSI market will register a 28.7% CAGR in terms of revenue, the global market size will reach US$ 11300 million by 2023, from US$ 2500 million in 2017. In particular, this report presents the global revenue market share of key companies in Artificial Intelligence (AI) in BFSI business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Artificial Intelligence (AI) in BFSI market by product type, application, key companies and key regions.
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Segmentation by product type: Machine Learning (ML)
Natural Language processing (NLP)
Machine Vision
Segmentation by application: Banking Insurance Wealth management
The key manufacturers covered in this report: Google Inc. Microsoft Corporation Amazon Web Services Inc IBM Corporation Avaamo Inc Baidu Inc Cape Analytics LLC Oracle Corporation
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Some Point from TOC: 1 Scope of the Report 1.1 Market Introduction 1.2 Research Objectives 1.3 Years Considered 1.4 Market Research Methodology 1.5 Economic Indicators 1.6 Currency Considered
2 Executive Summary 2.1 World Market Overview 2.1.1 Global Artificial Intelligence (AI) in BFSI Market Size 2013-2023 2.1.2 Artificial Intelligence (AI) in BFSI Market Size CAGR by Region 2.2 Artificial Intelligence (AI) in BFSI Segment by Type 2.2.1 Machine Learning (ML) 2.2.2 Natural Language processing (NLP) 2.2.3 Predictive Analytics 2.2.4 Machine Vision 2.3 Artificial Intelligence (AI) in BFSI Market Size by Type 2.3.1 Global Artificial Intelligence (AI) in BFSI Market Size Market Share by Type (2013-2018) 2.3.2 Global Artificial Intelligence (AI) in BFSI Market Size Growth Rate by Type (2013-2018) 2.4 Artificial Intelligence (AI) in BFSI Segment by Application 2.4.1 Banking 2.4.2 Insurance 2.4.3 Wealth management 2.5 Artificial Intelligence (AI) in BFSI Market Size by Application 2.5.1 Global Artificial Intelligence (AI) in BFSI Market Size Market Share by Application (2013-2018) 2.5.2 Global Artificial Intelligence (AI) in BFSI Market Size Growth Rate by Application (2013-2018) ….Continued
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