The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global BFSI Artificial Intelligence Market Research Report 2024
Synopsis
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".
The global BFSI Artificial Intelligence market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
China and the United States are two leaders in AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both holds 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China's core artificial intelligence industry reached ¥508 billion in 2022, a year-on-year increase of 18%. From 2013 to November 2022, the cumulative number of patent applications for artificial intelligence inventions in the world reached 729,000, and the cumulative number of applications in China reached 389,000, accounting for 53.4%. However, the Global Artificial Intelligence Innovation Index Report 2021 released by the China Institute of Scientific and Technological Information shows that the overall strength of the United States is still far ahead. The number of artificial intelligence companies in the United States is about 4,670, while China has only 880. China's data center is less than 1/78 of that of the United States.
This report aims to provide a comprehensive presentation of the global market for BFSI Artificial Intelligence, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding BFSI Artificial Intelligence.
Report Scope
The BFSI Artificial Intelligence market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global BFSI Artificial Intelligence market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the BFSI Artificial Intelligence companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Amazon Web Services, Inc.
Google LLC
IBM Corp.
Microsoft Corp.
Oracle Corp.
Segment by Type
Recommendation Engines
Chatbots
Predictive Analytics
Others
Segment by Application
Banking
Investment and Securities Management
Insurance
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of BFSI Artificial Intelligence companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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".
The global BFSI Artificial Intelligence market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
China and the United States are two leaders in AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both holds 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China's core artificial intelligence industry reached ¥508 billion in 2022, a year-on-year increase of 18%. From 2013 to November 2022, the cumulative number of patent applications for artificial intelligence inventions in the world reached 729,000, and the cumulative number of applications in China reached 389,000, accounting for 53.4%. However, the Global Artificial Intelligence Innovation Index Report 2021 released by the China Institute of Scientific and Technological Information shows that the overall strength of the United States is still far ahead. The number of artificial intelligence companies in the United States is about 4,670, while China has only 880. China's data center is less than 1/78 of that of the United States.
This report aims to provide a comprehensive presentation of the global market for BFSI Artificial Intelligence, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding BFSI Artificial Intelligence.
Report Scope
The BFSI Artificial Intelligence market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global BFSI Artificial Intelligence market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the BFSI Artificial Intelligence companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Amazon Web Services, Inc.
Google LLC
IBM Corp.
Microsoft Corp.
Oracle Corp.
Segment by Type
Recommendation Engines
Chatbots
Predictive Analytics
Others
Segment by Application
Banking
Investment and Securities Management
Insurance
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of BFSI Artificial Intelligence companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global BFSI Artificial Intelligence Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Recommendation Engines
1.2.3 Chatbots
1.2.4 Predictive Analytics
1.2.5 Others
1.3 Market by Application
1.3.1 Global BFSI Artificial Intelligence Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Banking
1.3.3 Investment and Securities Management
1.3.4 Insurance
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global BFSI Artificial Intelligence Market Perspective (2019-2030)
2.2 BFSI Artificial Intelligence Growth Trends by Region
2.2.1 Global BFSI Artificial Intelligence Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 BFSI Artificial Intelligence Historic Market Size by Region (2019-2024)
2.2.3 BFSI Artificial Intelligence Forecasted Market Size by Region (2025-2030)
2.3 BFSI Artificial Intelligence Market Dynamics
2.3.1 BFSI Artificial Intelligence Industry Trends
2.3.2 BFSI Artificial Intelligence Market Drivers
2.3.3 BFSI Artificial Intelligence Market Challenges
2.3.4 BFSI Artificial Intelligence Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top BFSI Artificial Intelligence Players by Revenue
3.1.1 Global Top BFSI Artificial Intelligence Players by Revenue (2019-2024)
3.1.2 Global BFSI Artificial Intelligence Revenue Market Share by Players (2019-2024)
3.2 Global BFSI Artificial Intelligence Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by BFSI Artificial Intelligence Revenue
3.4 Global BFSI Artificial Intelligence Market Concentration Ratio
3.4.1 Global BFSI Artificial Intelligence Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by BFSI Artificial Intelligence Revenue in 2023
3.5 BFSI Artificial Intelligence Key Players Head office and Area Served
3.6 Key Players BFSI Artificial Intelligence Product Solution and Service
3.7 Date of Enter into BFSI Artificial Intelligence Market
3.8 Mergers & Acquisitions, Expansion Plans
4 BFSI Artificial Intelligence Breakdown Data by Type
4.1 Global BFSI Artificial Intelligence Historic Market Size by Type (2019-2024)
4.2 Global BFSI Artificial Intelligence Forecasted Market Size by Type (2025-2030)
5 BFSI Artificial Intelligence Breakdown Data by Application
5.1 Global BFSI Artificial Intelligence Historic Market Size by Application (2019-2024)
5.2 Global BFSI Artificial Intelligence Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America BFSI Artificial Intelligence Market Size (2019-2030)
6.2 North America BFSI Artificial Intelligence Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America BFSI Artificial Intelligence Market Size by Country (2019-2024)
6.4 North America BFSI Artificial Intelligence Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe BFSI Artificial Intelligence Market Size (2019-2030)
7.2 Europe BFSI Artificial Intelligence Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe BFSI Artificial Intelligence Market Size by Country (2019-2024)
7.4 Europe BFSI Artificial Intelligence Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific BFSI Artificial Intelligence Market Size (2019-2030)
8.2 Asia-Pacific BFSI Artificial Intelligence Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific BFSI Artificial Intelligence Market Size by Region (2019-2024)
8.4 Asia-Pacific BFSI Artificial Intelligence Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America BFSI Artificial Intelligence Market Size (2019-2030)
9.2 Latin America BFSI Artificial Intelligence Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America BFSI Artificial Intelligence Market Size by Country (2019-2024)
9.4 Latin America BFSI Artificial Intelligence Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa BFSI Artificial Intelligence Market Size (2019-2030)
10.2 Middle East & Africa BFSI Artificial Intelligence Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa BFSI Artificial Intelligence Market Size by Country (2019-2024)
10.4 Middle East & Africa BFSI Artificial Intelligence Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Amazon Web Services, Inc.
11.1.1 Amazon Web Services, Inc. Company Detail
11.1.2 Amazon Web Services, Inc. Business Overview
11.1.3 Amazon Web Services, Inc. BFSI Artificial Intelligence Introduction
11.1.4 Amazon Web Services, Inc. Revenue in BFSI Artificial Intelligence Business (2019-2024)
11.1.5 Amazon Web Services, Inc. Recent Development
11.2 Google LLC
11.2.1 Google LLC Company Detail
11.2.2 Google LLC Business Overview
11.2.3 Google LLC BFSI Artificial Intelligence Introduction
11.2.4 Google LLC Revenue in BFSI Artificial Intelligence Business (2019-2024)
11.2.5 Google LLC Recent Development
11.3 IBM Corp.
11.3.1 IBM Corp. Company Detail
11.3.2 IBM Corp. Business Overview
11.3.3 IBM Corp. BFSI Artificial Intelligence Introduction
11.3.4 IBM Corp. Revenue in BFSI Artificial Intelligence Business (2019-2024)
11.3.5 IBM Corp. Recent Development
11.4 Microsoft Corp.
11.4.1 Microsoft Corp. Company Detail
11.4.2 Microsoft Corp. Business Overview
11.4.3 Microsoft Corp. BFSI Artificial Intelligence Introduction
11.4.4 Microsoft Corp. Revenue in BFSI Artificial Intelligence Business (2019-2024)
11.4.5 Microsoft Corp. Recent Development
11.5 Oracle Corp.
11.5.1 Oracle Corp. Company Detail
11.5.2 Oracle Corp. Business Overview
11.5.3 Oracle Corp. BFSI Artificial Intelligence Introduction
11.5.4 Oracle Corp. Revenue in BFSI Artificial Intelligence Business (2019-2024)
11.5.5 Oracle Corp. Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest IT & Electronics Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
