Global AI and Automation in Banking Market Growth (Status and Outlook) 2022-2028
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Years Considered
- 1.3 Research Objectives
- 1.4 Market Research Methodology
- 1.5 Research Process and Data Source
- 1.6 Economic Indicators
- 1.7 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global AI and Automation in Banking Market Size 2017-2028
- 2.1.2 AI and Automation in Banking Market Size CAGR by Region 2017 VS 2022 VS 2028
- 2.2 AI and Automation in Banking Segment by Type
- 2.2.1 RPA
- 2.2.2 Roboadvisors
- 2.2.3 Chatbots
- 2.2.4 AI in lending underwriting
- 2.3 AI and Automation in Banking Market Size by Type
- 2.3.1 AI and Automation in Banking Market Size CAGR by Type (2017 VS 2022 VS 2028)
- 2.3.2 Global AI and Automation in Banking Market Size Market Share by Type (2017-2022)
- 2.4 AI and Automation in Banking Segment by Application
- 2.4.1 Commercial Banks
- 2.4.2 Cooperative Banks
- 2.4.3 Regional Rural Banks
- 2.5 AI and Automation in Banking Market Size by Application
- 2.5.1 AI and Automation in Banking Market Size CAGR by Application (2017 VS 2022 VS 2028)
- 2.5.2 Global AI and Automation in Banking Market Size Market Share by Application (2017-2022)
3 AI and Automation in Banking Market Size by Player
- 3.1 AI and Automation in Banking Market Size Market Share by Players
- 3.1.1 Global AI and Automation in Banking Revenue by Players (2020-2022)
- 3.1.2 Global AI and Automation in Banking Revenue Market Share by Players (2020-2022)
- 3.2 Global AI and Automation in Banking Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 AI and Automation in Banking by Regions
- 4.1 AI and Automation in Banking Market Size by Regions (2017-2022)
- 4.2 Americas AI and Automation in Banking Market Size Growth (2017-2022)
- 4.3 APAC AI and Automation in Banking Market Size Growth (2017-2022)
- 4.4 Europe AI and Automation in Banking Market Size Growth (2017-2022)
- 4.5 Middle East & Africa AI and Automation in Banking Market Size Growth (2017-2022)
5 Americas
- 5.1 Americas AI and Automation in Banking Market Size by Country (2017-2022)
- 5.2 Americas AI and Automation in Banking Market Size by Type (2017-2022)
- 5.3 Americas AI and Automation in Banking Market Size by Application (2017-2022)
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Brazil
6 APAC
- 6.1 APAC AI and Automation in Banking Market Size by Region (2017-2022)
- 6.2 APAC AI and Automation in Banking Market Size by Type (2017-2022)
- 6.3 APAC AI and Automation in Banking Market Size by Application (2017-2022)
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
7 Europe
- 7.1 Europe AI and Automation in Banking by Country (2017-2022)
- 7.2 Europe AI and Automation in Banking Market Size by Type (2017-2022)
- 7.3 Europe AI and Automation in Banking Market Size by Application (2017-2022)
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
8 Middle East & Africa
- 8.1 Middle East & Africa AI and Automation in Banking by Region (2017-2022)
- 8.2 Middle East & Africa AI and Automation in Banking Market Size by Type (2017-2022)
- 8.3 Middle East & Africa AI and Automation in Banking Market Size by Application (2017-2022)
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers & Growth Opportunities
- 9.2 Market Challenges & Risks
- 9.3 Industry Trends
10 Global AI and Automation in Banking Market Forecast
- 10.1 Global AI and Automation in Banking Forecast by Regions (2023-2028)
- 10.1.1 Global AI and Automation in Banking Forecast by Regions (2023-2028)
- 10.1.2 Americas AI and Automation in Banking Forecast
- 10.1.3 APAC AI and Automation in Banking Forecast
- 10.1.4 Europe AI and Automation in Banking Forecast
- 10.1.5 Middle East & Africa AI and Automation in Banking Forecast
- 10.2 Americas AI and Automation in Banking Forecast by Country (2023-2028)
- 10.2.1 United States AI and Automation in Banking Market Forecast
- 10.2.2 Canada AI and Automation in Banking Market Forecast
- 10.2.3 Mexico AI and Automation in Banking Market Forecast
- 10.2.4 Brazil AI and Automation in Banking Market Forecast
- 10.3 APAC AI and Automation in Banking Forecast by Region (2023-2028)
- 10.3.1 China AI and Automation in Banking Market Forecast
- 10.3.2 Japan AI and Automation in Banking Market Forecast
- 10.3.3 Korea AI and Automation in Banking Market Forecast
- 10.3.4 Southeast Asia AI and Automation in Banking Market Forecast
- 10.3.5 India AI and Automation in Banking Market Forecast
- 10.3.6 Australia AI and Automation in Banking Market Forecast
- 10.4 Europe AI and Automation in Banking Forecast by Country (2023-2028)
- 10.4.1 Germany AI and Automation in Banking Market Forecast
- 10.4.2 France AI and Automation in Banking Market Forecast
- 10.4.3 UK AI and Automation in Banking Market Forecast
- 10.4.4 Italy AI and Automation in Banking Market Forecast
- 10.4.5 Russia AI and Automation in Banking Market Forecast
- 10.5 Middle East & Africa AI and Automation in Banking Forecast by Region (2023-2028)
- 10.5.1 Egypt AI and Automation in Banking Market Forecast
- 10.5.2 South Africa AI and Automation in Banking Market Forecast
- 10.5.3 Israel AI and Automation in Banking Market Forecast
- 10.5.4 Turkey AI and Automation in Banking Market Forecast
- 10.5.5 GCC Countries AI and Automation in Banking Market Forecast
- 10.6 Global AI and Automation in Banking Forecast by Type (2023-2028)
- 10.7 Global AI and Automation in Banking Forecast by Application (2023-2028)
11 Key Players Analysis
- 11.1 Kryon
- 11.1.1 Kryon Company Information
- 11.1.2 Kryon AI and Automation in Banking Product Offered
- 11.1.3 Kryon AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.1.4 Kryon Main Business Overview
- 11.1.5 Kryon Latest Developments
- 11.2 EdgeVerve
- 11.2.1 EdgeVerve Company Information
- 11.2.2 EdgeVerve AI and Automation in Banking Product Offered
- 11.2.3 EdgeVerve AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.2.4 EdgeVerve Main Business Overview
- 11.2.5 EdgeVerve Latest Developments
- 11.3 Nice
- 11.3.1 Nice Company Information
- 11.3.2 Nice AI and Automation in Banking Product Offered
- 11.3.3 Nice AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.3.4 Nice Main Business Overview
- 11.3.5 Nice Latest Developments
- 11.4 Pegasystems
- 11.4.1 Pegasystems Company Information
- 11.4.2 Pegasystems AI and Automation in Banking Product Offered
- 11.4.3 Pegasystems AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.4.4 Pegasystems Main Business Overview
- 11.4.5 Pegasystems Latest Developments
- 11.5 Kofax Inc
- 11.5.1 Kofax Inc Company Information
- 11.5.2 Kofax Inc AI and Automation in Banking Product Offered
- 11.5.3 Kofax Inc AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.5.4 Kofax Inc Main Business Overview
- 11.5.5 Kofax Inc Latest Developments
- 11.6 Inscribe
- 11.6.1 Inscribe Company Information
- 11.6.2 Inscribe AI and Automation in Banking Product Offered
- 11.6.3 Inscribe AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.6.4 Inscribe Main Business Overview
- 11.6.5 Inscribe Latest Developments
- 11.7 Yalantis
- 11.7.1 Yalantis Company Information
- 11.7.2 Yalantis AI and Automation in Banking Product Offered
- 11.7.3 Yalantis AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.7.4 Yalantis Main Business Overview
- 11.7.5 Yalantis Latest Developments
- 11.8 Itrex Group
- 11.8.1 Itrex Group Company Information
- 11.8.2 Itrex Group AI and Automation in Banking Product Offered
- 11.8.3 Itrex Group AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.8.4 Itrex Group Main Business Overview
- 11.8.5 Itrex Group Latest Developments
- 11.9 Kryon Systems
- 11.9.1 Kryon Systems Company Information
- 11.9.2 Kryon Systems AI and Automation in Banking Product Offered
- 11.9.3 Kryon Systems AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.9.4 Kryon Systems Main Business Overview
- 11.9.5 Kryon Systems Latest Developments
- 11.10 Capgemini
- 11.10.1 Capgemini Company Information
- 11.10.2 Capgemini AI and Automation in Banking Product Offered
- 11.10.3 Capgemini AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.10.4 Capgemini Main Business Overview
- 11.10.5 Capgemini Latest Developments
- 11.11 Billtrust
- 11.11.1 Billtrust Company Information
- 11.11.2 Billtrust AI and Automation in Banking Product Offered
- 11.11.3 Billtrust AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.11.4 Billtrust Main Business Overview
- 11.11.5 Billtrust Latest Developments
- 11.12 Sutherland Global Services
- 11.12.1 Sutherland Global Services Company Information
- 11.12.2 Sutherland Global Services AI and Automation in Banking Product Offered
- 11.12.3 Sutherland Global Services AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.12.4 Sutherland Global Services Main Business Overview
- 11.12.5 Sutherland Global Services Latest Developments
- 11.13 BoTree Technologies
- 11.13.1 BoTree Technologies Company Information
- 11.13.2 BoTree Technologies AI and Automation in Banking Product Offered
- 11.13.3 BoTree Technologies AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.13.4 BoTree Technologies Main Business Overview
- 11.13.5 BoTree Technologies Latest Developments
- 11.14 UiPath
- 11.14.1 UiPath Company Information
- 11.14.2 UiPath AI and Automation in Banking Product Offered
- 11.14.3 UiPath AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.14.4 UiPath Main Business Overview
- 11.14.5 UiPath Latest Developments
- 11.15 EdgeVerve
- 11.15.1 EdgeVerve Company Information
- 11.15.2 EdgeVerve AI and Automation in Banking Product Offered
- 11.15.3 EdgeVerve AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.15.4 EdgeVerve Main Business Overview
- 11.15.5 EdgeVerve Latest Developments
- 11.16 Kofax Inc
- 11.16.1 Kofax Inc Company Information
- 11.16.2 Kofax Inc AI and Automation in Banking Product Offered
- 11.16.3 Kofax Inc AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.16.4 Kofax Inc Main Business Overview
- 11.16.5 Kofax Inc Latest Developments
- 11.17 Social Finance
- 11.17.1 Social Finance Company Information
- 11.17.2 Social Finance AI and Automation in Banking Product Offered
- 11.17.3 Social Finance AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.17.4 Social Finance Main Business Overview
- 11.17.5 Social Finance Latest Developments
- 11.18 Wealthfront
- 11.18.1 Wealthfront Company Information
- 11.18.2 Wealthfront AI and Automation in Banking Product Offered
- 11.18.3 Wealthfront AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.18.4 Wealthfront Main Business Overview
- 11.18.5 Wealthfront Latest Developments
- 11.19 Ally Invest Robo Portfolios
- 11.19.1 Ally Invest Robo Portfolios Company Information
- 11.19.2 Ally Invest Robo Portfolios AI and Automation in Banking Product Offered
- 11.19.3 Ally Invest Robo Portfolios AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.19.4 Ally Invest Robo Portfolios Main Business Overview
- 11.19.5 Ally Invest Robo Portfolios Latest Developments
- 11.20 Axos Managed Portfolios
- 11.20.1 Axos Managed Portfolios Company Information
- 11.20.2 Axos Managed Portfolios AI and Automation in Banking Product Offered
- 11.20.3 Axos Managed Portfolios AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.20.4 Axos Managed Portfolios Main Business Overview
- 11.20.5 Axos Managed Portfolios Latest Developments
- 11.21 Blooom
- 11.21.1 Blooom Company Information
- 11.21.2 Blooom AI and Automation in Banking Product Offered
- 11.21.3 Blooom AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.21.4 Blooom Main Business Overview
- 11.21.5 Blooom Latest Developments
- 11.22 Ellevest
- 11.22.1 Ellevest Company Information
- 11.22.2 Ellevest AI and Automation in Banking Product Offered
- 11.22.3 Ellevest AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.22.4 Ellevest Main Business Overview
- 11.22.5 Ellevest Latest Developments
- 11.23 Ally Assist
- 11.23.1 Ally Assist Company Information
- 11.23.2 Ally Assist AI and Automation in Banking Product Offered
- 11.23.3 Ally Assist AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.23.4 Ally Assist Main Business Overview
- 11.23.5 Ally Assist Latest Developments
- 11.24 Amy
- 11.24.1 Amy Company Information
- 11.24.2 Amy AI and Automation in Banking Product Offered
- 11.24.3 Amy AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.24.4 Amy Main Business Overview
- 11.24.5 Amy Latest Developments
- 11.25 Ceba
- 11.25.1 Ceba Company Information
- 11.25.2 Ceba AI and Automation in Banking Product Offered
- 11.25.3 Ceba AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.25.4 Ceba Main Business Overview
- 11.25.5 Ceba Latest Developments
- 11.26 Citi Bot SG
- 11.26.1 Citi Bot SG Company Information
- 11.26.2 Citi Bot SG AI and Automation in Banking Product Offered
- 11.26.3 Citi Bot SG AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.26.4 Citi Bot SG Main Business Overview
- 11.26.5 Citi Bot SG Latest Developments
- 11.27 Clari
- 11.27.1 Clari Company Information
- 11.27.2 Clari AI and Automation in Banking Product Offered
- 11.27.3 Clari AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.27.4 Clari Main Business Overview
- 11.27.5 Clari Latest Developments
- 11.28 Eno
- 11.28.1 Eno Company Information
- 11.28.2 Eno AI and Automation in Banking Product Offered
- 11.28.3 Eno AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.28.4 Eno Main Business Overview
- 11.28.5 Eno Latest Developments
- 11.29 Erica
- 11.29.1 Erica Company Information
- 11.29.2 Erica AI and Automation in Banking Product Offered
- 11.29.3 Erica AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.29.4 Erica Main Business Overview
- 11.29.5 Erica Latest Developments
- 11.30 Eva
- 11.30.1 Eva Company Information
- 11.30.2 Eva AI and Automation in Banking Product Offered
- 11.30.3 Eva AI and Automation in Banking Revenue, Gross Margin and Market Share (2020-2022)
- 11.30.4 Eva Main Business Overview
- 11.30.5 Eva Latest Developments
12 Research Findings and Conclusion
The global market for AI and Automation in Banking is estimated to increase from US$ million in 2021 to reach US$ million by 2028, exhibiting a CAGR of % during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The APAC AI and Automation in Banking market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The United States AI and Automation in Banking market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The Europe AI and Automation in Banking market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The China AI and Automation in Banking market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
Global key AI and Automation in Banking players cover Kryon, EdgeVerve, Nice, Pegasystems and Kofax Inc, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
Report Coverage
This latest report provides a deep insight into the global AI and Automation in Banking market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global AI and Automation in Banking market, with both quantitative and qualitative data, to help readers understand how the AI and Automation in Banking market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions.
Market Segmentation:
The study segments the AI and Automation in Banking market and forecasts the market size by Type (RPA, Roboadvisors and Chatbots), by Application (Commercial Banks, Cooperative Banks and Regional Rural Banks,), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
RPA
Roboadvisors
Chatbots
AI in lending underwriting
Segmentation by application
Commercial Banks
Cooperative Banks
Regional Rural Banks
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Kryon
EdgeVerve
Nice
Pegasystems
Kofax Inc
Inscribe
Yalantis
Itrex Group
Kryon Systems
Capgemini
Billtrust
Sutherland Global Services
BoTree Technologies
UiPath
EdgeVerve
Kofax Inc
Social Finance
Wealthfront
Ally Invest Robo Portfolios
Axos Managed Portfolios
Blooom
Ellevest
Ally Assist
Amy
Ceba
Citi Bot SG
Clari
Eno
Erica
Eva
Chapter Introduction
Chapter 1: Scope of AI and Automation in Banking, Research Methodology, etc.
Chapter 2: Executive Summary, global AI and Automation in Banking market size and CAGR, AI and Automation in Banking market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: AI and Automation in Banking revenue, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global AI and Automation in Banking revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, revenue segment by country, by type, and application.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global AI and Automation in Banking market size forecast by region, by country, by type, and application
Chapter 13: Comprehensive company profiles of the leading players, including Kryon, EdgeVerve, Nice, Pegasystems, Kofax Inc, Inscribe, Yalantis, Itrex Group and Kryon Systems, etc.
Chapter 14: Research Findings and Conclusion