In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans. Colloquially, the term "artificial intelligence" is often used to describe machines (or computers) that mimic "cognitive" functions that humans associate with the human mind, such as "learning" and "problem solving".
Financial institutions are focusing on developing autonomous solutions to not only gain a competitive edge but also efficiently cater to customer demand for personalized services and rewards. As a result, BFSI organizations have started integrating AI and Big Data analytics. AI-driven solutions are helping BFSI companies in automating data cleaning and organizing and data analysis while ensuring security. Furthermore, the IT systems integrated with AI and machine learning in BFSI enterprises are capable of self-management and self-repair.
In 2018, the global BFSI Artificial Intelligence market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global BFSI Artificial Intelligence status, future forecast, growth opportunity, key market and key players. The study objectives are to present the BFSI Artificial Intelligence development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
Amazon Web Services, Inc.
Google LLC
IBM Corp.
Microsoft Corp.
Oracle Corp.
...
Market segment by Type, the product can be split into
Recommendation Engines
Chatbots
Predictive Analytics
Others
Market segment by Application, split into
Banking
Investment and Securities Management
Insurance
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global BFSI Artificial Intelligence status, future forecast, growth opportunity, key market and key players.
To present the BFSI Artificial Intelligence development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of BFSI Artificial Intelligence are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on BFSI Artificial Intelligence. Industry analysis & Market Report on BFSI Artificial Intelligence is a syndicated market report, published as Global BFSI Artificial Intelligence Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of BFSI Artificial Intelligence market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.